Business Stories from May 15, 2025 (Change date)
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Emergency contact info for occupants at issueMay 15, 2025 4:48 pm - I am on the board for my condominium association. We require information about who owns a unit and/or who will be living in it. Our manager says we cannot require unit owners or renters to provide emergency contact information, such as someone to call in the event the owner/renter can’t be reached and an emergency issue arises with their unit. Is this correct? Is there a law that prevents us from requiring emergency contact information?
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Long Grove planning chair replaced in wake of QuikTrip voteMay 15, 2025 4:39 pm - Long Grove Village President Bill Jacob has replaced Helen Wilson, the chair of the village’s plan commission and zoning board of appeals.
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Gene editing helped a desperately ill baby thrive. Scientists say it could someday treat millionsMay 15, 2025 3:13 pm - A baby born with a rare and dangerous genetic disease is growing and thriving after getting an experimental gene editing treatment made just for him. Researchers describe...
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Bird-friendly rules extended to new residential construction in unincorporated Lake CountyMay 15, 2025 2:59 pm - Lake County has extended requirements for bird-friendly design to include new residential construction.
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Consumer advocates tell regulators to slash rate hike requests from Nicor, AmerenMay 15, 2025 2:30 pm - Natural gas customers in the Chicago suburbs and downstate Illinois are likely to see an increase in their monthly bills next year, but it’s up to state regulators to decide how big a hike, if any, to approve.
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Geneva committee OKs $131K economic incentive agreementMay 15, 2025 11:16 am - Geneva alderpersons recommended approval of an economic incentive agreement of $131,762 for a developer who proposes to rehabilitate a 113-year-old building for commercial and residential use.
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A rare warning from Walmart during a US trade war: Higher prices are inevitableMay 15, 2025 8:58 am - Walmart, which became the nation's largest retailer by making low prices a priority, has found itself in a place it's rarely been: Warning customers that prices will rise for goods ranging from bananas to car seats. Executives at the $750 billion company told industry analysts Thursday that they are doing everything in their power to absorb the higher costs from tariffs ordered by President Donald Trump. Given the magnitude of the duties, however, the highest since the 1930s, higher prices are unavoidable, and they will hurt Walmart customers already buffeted by inflation over the past three years. Walmart reported strong sales for the first quarter on Thursday, though profits slipped.
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Dick’s Sporting Goods to buy struggling shoe chain Foot Locker for $2.4 billionMay 15, 2025 8:24 am - Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of a major footwear company in as many weeks as busine...
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