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Business Stories from May 7, 2021 (Change date)

Stocks rally to records after grim jobs data undercuts rates

By STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA
May 07, 2021 7:00 am - Stocks rallied to more records on Wall Street Friday as a stunningly disappointing report on the nation's job market signaled to investors that interest rates will likel...
US consumer borrowing posts another strong showing in March

By MARTIN CRUTSINGER
May 07, 2021 7:00 am - WASHINGTON (AP) - U.S. consumer borrowing rose by a strong $25.8 billion in March, the second month in a row of sizable gains and a further indication that the economic ...
China propels BMW to strong profits, Germany lags

By DAVID McHUGH
May 07, 2021 7:00 am - FRANKFURT, Germany (AP) - Booming sales in China helped propel German luxury carmaker BMW to stronger profits in the first three months of the year even as its home mark...
Mundelein swim school adapts lessons for kids with autism

By Sadie Romero Special to the Daily Herald
May 07, 2021 6:00 am - She felt her heart sinking as she froze in pure panic at the sight of her 5-year-old son, John, struggling to stay above water. Since her son was diagnosed with autism s...
Lucca Osteria & Bar opens its doors in Oak Brook

By Scott C. Morgan
May 07, 2021 1:00 am - The owners of the new Oak Brook Italian restaurant Lucca Osteria & Bar knew they were taking big risks by opening right now. “This has been the scariest two-plus years,”...
Puppy stolen from Arlington Heights store

Daily Herald report
May 07, 2021 1:00 am - Two men recently broke into an Arlington Heights dog store and stole a Yorkshire terrier puppy, police said Friday. The burglary occurred at Pocket Puppies, 1457 E. Pala...
Steinhafels Furniture to take place of Art Van in Downer's Grove

By Trey Arline
May 07, 2021 1:00 am - A Steinhafels Furniture is opening in Downers Grove this fall in the place of a former Art Van store. The Downers Grove Economic Development Corporation announced that t...
Red meat politics: GOP turns culture war into a food fight

By THOMAS BEAUMONT and SCOTT McFETRIDGE Associated Press
May 07, 2021 1:00 am - DES MOINES, Iowa - Conservatives last week gobbled up a false news story claiming President Joe Biden planned to ration red meat. Colorado Rep. Rep. Lauren Boebert sugge...

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