Business Stories from July 18, 2019 (Change date)
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US average long-term mortgage rates rise; 30-year at 3.81%Jul 18, 2019 2:01 pm - WASHINGTON (AP) - U.S. long-term mortgage rates rose this week after three weeks of holding steady, tipped higher by expectations that the Federal Reserve could reduce i...
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Texas hailstorms affect Allstate catastrophe losses in JuneJul 19, 2019 2:24 pm - NORTHBROOK - The Allstate Corp. said estimated catastrophe losses for June totaled $309 million. Catastrophe losses occurring in June comprised 16 events at an estimated...
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Toys R Us is back from the dead, but its new stores are unrecognizableJul 22, 2019 8:31 am - A year after shutting all its U.S. stores, Toys R Us is making a comeback. The international chain, which filed for bankruptcy in 2017, is opening two mall stores this h...
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How to leverage your business loan for growthJul 22, 2019 9:27 am - While bootstrapping, crowdfunding and VC funding tend to get all the press, the truth is that standard bank loans continue to quietly and effectively help untold numbers...
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Feder: 'Timing just feels right' for radio entrepreneur Sam AlexJul 19, 2019 6:17 am - Sam Alex is living proof that radio dreams still come true, Robert Feder writes. Sixteen years after he started as an intern for a Chicago radio station, the northwest s...
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St. Charles family business among those helping NASA reach the starsJul 22, 2019 2:22 pm - As schoolchildren growing up in the 1960s, Mike Cain and his brothers, Bob and John, had the coolest stories to tell their classmates. Their grandfather and father, Clyd...
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House prepares to pass long-sought $15 minimum wage legislationJul 22, 2019 8:41 am - WASHINGTON - House Democrats are preparing to vote to lift the federal minimum wage to $15 an hour, delivering on a long-standing liberal priority that has become a rall...
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Buffalo Grove approves change in Link Crossing agreementJul 22, 2019 2:24 pm - This story has been updated to correct the action taken by the Buffalo Grove village board. Despite concerns from a pair of trustees, the Buffalo Grove village boar...
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BKD's Eischeid, Simek named partners; Butler joins staffJul 18, 2019 1:00 am - Russell L. Romanelli, managing partner of BKD's Chicago practice, recently announced three staff appointments: • Timothy Eischeid and JoAnna Simek have been elected part...
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BCBGMAXAZRIA to open at Chicago Premium OutletsJul 19, 2019 2:24 pm - AURORA - Iconic fashion brand BCBGMAXAZRIA will reopen a store at Chicago Premium Outlets later this month. The store marks the brand's first re-entry into the Chicago a...