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Business Stories from February 2, 2021 (Change date)

Jeff Bezos, Amazon's founder, will step down as CEO

By JOSEPH PISANI
Feb 02, 2021 6:00 am - NEW YORK (AP) - Jeff Bezos, who founded Amazon as an online bookstore and built it into a shopping and entertainment behemoth, will step down later this year as CEO, a r...
GameStop shares drop 60% as frenzied rally loses steam

By ALEX VEIGA
Feb 02, 2021 6:00 am - GameStop shares plunged 60% Tuesday in a further reversal of the recent blockbuster gains that grabbed people's attention far beyond Wall Street. The video game retaile...
Mimosas will soon be on the menu at Arlington Heights diner

By Christopher Placek
Feb 02, 2021 4:30 am - You'll soon be able to order a mimosa along with your breakfast skillet, pancakes and French toast at a south side Arlington Heights diner. Village trustees Monday grant...
Madcats receives Palatine's OK, looking to open in spring

By Elena Ferrarin
Feb 02, 2021 4:30 am - Live music lovers can expect a new venue, Madcats restaurant and bar, to open in downtown Palatine sometime in the spring. The venue at 117 W. Slade St. will have a full...
Bartlett retirement community renamed The Oaks

Daily Herald report
Feb 02, 2021 12:00 am - The Bartlett continuing care retirement community originally named Clare Oaks has been renamed The Oaks at Bartlett as it begins operating under new management. ER Senio...
Elgin may get its first crematorium

By James Fuller
Feb 02, 2021 12:00 am - With cremation seeing increasing popularity, one of the most popular funeral businesses in Elgin is poised to bring the first crematorium to the city in a proposal that ...
Biden, Yellen pan GOP virus aid as too small, urge action

By LISA MASCARO and JOSH BOAK Associated Press
Feb 02, 2021 12:00 am - WASHINGTON - President Joe Biden told Senate Democrats on a private call Tuesday that a Republican alternative to his $1.9 trillion COVID rescue plan is insufficient as ...
Jeff Bezos, Amazon's founder, to step down as CEO

By JOSEPH PISANI AP Retail Writer
Feb 02, 2021 12:00 am - NEW YORK - Jeff Bezos, who founded Amazon and turned into an online shopping behemoth, is stepping down as the company's CEO, a role he's had for nearly 30 years. He'll ...

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