Business Stories from May 29, 2025 (Change date)
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‘Huge opportunity’ or ‘stealing’ from suburbs? Senate debates funding plan to save transitMay 29, 2025 7:01 pm - The General Assembly is considering bills to create a Northern Illinois Transit Authority with strong oversight of Metra, Pace and the CTA.
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West Dundee begins exterior demolition of shuttered Spring Hill MallMay 29, 2025 6:56 pm - Workers hired by the village of West Dundee have started exterior demolition of the shuttered Spring Hill Mall. The village is clearing the site, which straddles West Dundee and Carpentersville, so it eventually can become a mixed-use development with retail, residential and restaurants.
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Senator tries last-ditch push to boost horse racing industry in IllinoisMay 29, 2025 5:33 pm - City officials from Decatur and Illinois horse racing advocates joined an effort this week by Sen. Patrick Joyce, an Essex Democrat, to push lawmakers to approve legislation intended to revive a long-stalled south suburban “racino” and open a path for a new racetrack and gaming facility in Decatur.
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How to handle owners using guest parking spacesMay 29, 2025 3:04 pm - Condo owners are using guest parking spaces and it’s causing problems for the board. How can the board address this, short of having the cars towed?
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What is the Court of International Trade? And why can it strike down Trump's tariffs?May 29, 2025 2:37 pm - A little-known federal court threw a giant monkey wrench into a foundational part of President Donald Trump's economic agenda by striking down most of the sweeping tariffs he has imposed since taking office.
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CEO pay rose nearly 10% in 2024 as stock prices, profits soaredMay 29, 2025 1:42 pm - The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 10% in 2024 as the stock market enjoyed another banner year and corporate profits rose sharply.
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‘A fun spot’: Auto racing simulator studio opens in South BarringtonMay 29, 2025 11:12 am - A nightspot offering immersive auto racing simulators has opened at the Arboretum of South Barrington shopping center.
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