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Business Stories from August 1, 2019 (Change date)

St. Charles business, tourism groups merge

Aug 07, 2019 9:45 am - ST. CHARLES - The Downtown St. Charles Partnership and the Greater St. Charles Convention and Visitors Bureau have merged into the St. Charles Business Alliance. The mis...
Feder: Justice Department approves Nexstar deal for Tribune Media

By Robert Feder
Aug 02, 2019 12:49 pm - The Antitrust Division of the Justice Department has approved the $6.4 billion acquisition of Chicago-based Tribune Media by Nexstar Media Group, Robert Feder writes. Th...
Fitch changes Illinois credit outlook to 'stable;' rating remains unchanged

By Greg Bishop The Center Square
Aug 07, 2019 9:45 am - Fitch Ratings moved its outlook on Illinois' credit rating from "negative" to "stable" Wednesday, good news for the state, which has the worst credit rating in the natio...
CTS acquires temperature sensor firm in $75 million deal

Aug 07, 2019 9:45 am - LISLE - CTS Corp. announced the acquisition of Quality Thermistor Inc. for $75 million in cash. QTI, doing business as QTI Sensing Solutions, is a designer and manufactu...
Churchill Downs CEO: Rivers Casino will expand, add sportsbook

By Eric Peterson
Aug 05, 2019 2:39 pm - Churchill Downs' CEO Thursday discussed plans for the expansion of Rivers Casino in Des Plaines, the introduction of slots or table games at Arlington Park Racecourse in...
Banana Republic is selling hijabs. Muslim shoppers wonder: Inclusion or appropriation?

Abha Bhattarai The Washington Post
Aug 06, 2019 3:59 pm - Banana Republic, the mainstream retailer known for no-frills work wear, has introduced a line of hijabs, making it the latest consumer brand to create products for Musli...
Analysis: How the Fed's interest-rate cut helps Trump wage his trade war

David J. Lynch The Washington Post
Aug 05, 2019 8:40 am - WASHNGTON - Federal Reserve Board Chair Jerome Powell may not have wanted to cut interest rates. But in the end, President Donald Trump appears to have given him no choi...
Commuters buying 'premium' parking spots in Barrington

By Bob Susnjara
Aug 05, 2019 2:39 pm - With spots already awarded to the first wave of nearly 60 applicants, Barrington is continuing to sell newly created “premium” parking spaces located closest to the vill...
Trump says he will impose new tariffs on $300 billion in Chinese imports starting next month

By David J. Lynch, Heather Long and Damian Paletta The Washington Post
Aug 02, 2019 2:21 pm - WASHINGTON - President Donald Trump unexpectedly announced on Thursday that he will impose new tariffs on $300 billion worth of Chinese imports, effectively taxing every...

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