Business Stories from April 30, 2025 (Change date)
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Trump urges patience, blames Biden after weak economic newsApr 30, 2025 1:01 pm - President Donald Trump lashed out Wednesday morning at increasingly dim economic forecasts that have cast his policies in a harsh light and clouded what he has hoped would be a valedictory marker of his 100 days in office.
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Company shifts plans for new cannabis dispensary in Mundelein to different siteApr 30, 2025 10:49 am - A company that last year proposed opening a cannabis dispensary in Mundelein has selected a different site for the operation.
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How bugs and beet juice could play roles in the race to replace artificial dyes in foodApr 30, 2025 10:40 am - Last week, U.S. health officials announced plans to persuade food companies to voluntarily eliminate petroleum-based artificial dyes by the end of 2026. “Most of our customers have decided that this is finally the time when they’re going to make that switch to a natural color,” said Dave Gebhardt, senior technical director at Sensient Technologies Corp., one of the world’s largest dyemakers. But is the industry ready?
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‘We’re simply keeping what was already ours’: Huntley adopts local grocery taxApr 30, 2025 9:45 am - Huntley has become the latest municipality in the McHenry County area to go for a local grocery tax.
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Wall Street storms back from early losses, echoing its manic moves through a historic AprilApr 30, 2025 8:55 am - U.S. stocks began Wednesday with a thud after a report suggested the U.S. economy may have shrunk at the start of the year. But the big losses soon eased in the latest sharp swings to hit Wall Street amid uncertainty about what President Donald Trump’s trade war will do to the economy.
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Batavia plans to continue collecting grocery tax, despite state repealApr 30, 2025 8:46 am - Batavia is among hundreds of municipalities in Illinois considering whether to create a local grocery tax in response to the state’s decision to eliminate the current one after 2025.
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U.S. economy shrinks 0.3% in first quarter as Trump trade wars disrupt businessApr 30, 2025 7:56 am - The U.S. economy shrank at a 0.3% annual pace from January through March, first drop in three years. It was slowed by a surge in imports as companies in the United States tried to bring in foreign goods before President Donald Trump imposed massive tariffs.
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US and Ukraine sign minerals deal after Trump presses Kyiv to pay back US for helping repel RussiaApr 30, 2025 6:54 am - Clinching a deal to end the Russia-Ukraine war “is far too complex to be done quickly,” a senior Kremlin official said Wednesday, as the U.S. labors to bring momentum to peace efforts and expresses frustration over the slow progress.
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