Business Stories from July 12, 2025 (Change date)
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Incoming Geneva chicken restaurant could get city financial aidJul 12, 2025 3:04 pm - Geneva-based restaurateurs received early support last week for securing money from the city, which they say will help with the opening of their new chicken eatery, HoneyBird.
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New vet clinic opens in St. CharlesJul 12, 2025 2:50 pm - A new family-owned and operated veterinary clinic opened July 9 on the east side of St. Charles.
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Trump announces 30% tariffs against EU, Mexico to begin Aug. 1, rattling major US trading partnersJul 12, 2025 2:44 pm - BRIDGEWATER, N.J. (AP) — President Donald Trump on Saturday announced he's levying tariffs of 30% against the European Union and Mexico starting Aug. 1, a move that could...
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Big banks are tired of losing recruits to private equityJul 12, 2025 2:07 pm - Big banks investing millions to train junior employees are frustrated after finding new recruits picked off by private equity firms as soon as those programs end. Banks have made efforts to stem departures, with pledges to improve work-life balance, protect weekends and hike salaries.
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Stress test your retirement portfolio in volatile marketsJul 12, 2025 1:40 pm - If you're planning to retire within the next few years — or you’ve recently retired — market volatility may feel especially unsettling.
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10 estate and tax strategies for 2025 and beyondJul 12, 2025 1:38 pm - The current tax landscape presents significant opportunities — but the window is closing.
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Trump’s tax law includes a $40,000 SALT cap. Here’s who qualifies.Jul 12, 2025 1:23 pm - The new GOP tax law quadruples how much people can deduct in state and local taxes off their federal returns, offering significant relief to high earners in many Democratic-led states by partially undoing a big change in President Donald Trump’s 2017 law.
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The Biz Week That Was: Haeger redevelopment concerns, new business incubator, and tax break for industrial buildingJul 12, 2025 1:20 pm - East Dundee residents oppose Haeger redevelopment proposal East Dundee residents turned out this week to voice opposition to a proposal that would turn the shuttered...
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Zengeler Cleaners completes 4-year remodeling, rebrandingJul 12, 2025 1:19 pm - Zengeler Cleaners, the Midwest’s oldest and largest family-owned cleaner, recently completed a four-year remodeling and rebranding project for the company’s seven Northern Illinois storefront locations.
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Banks channeled $385 billion into coal industry since COP26Jul 12, 2025 1:00 pm - Global banks channeled more than $385 billion to the coal power industry over the past three years, with annual flows increasing last year from 2023, according to analysis by a group of nonprofits.
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