Business Stories from August 1, 2025 (Change date)
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Developer behind Rosemont, Elk Grove ice rinks acquires Vernon Hills facilityAug 01, 2025 5:22 pm - The Mount Prospect-based Nicholas Family of Companies has acquired the Glacier Ice Arena, a 63,000-square-foot, twin-sheet indoor rink in Vernon Hills, and plans large-scale renovations with a potential new restaurant.
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Trump calls on the Federal Reserve board to take full control of the central bank from PowellAug 01, 2025 4:48 pm - WASHINGTON — President Donald Trump on Friday called for the Federal Reserve's board of governors to usurp the power of Fed Chair Jerome Powell, criticizing the head of t...
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What consumers can expect from import taxes as the US sets new tariff ratesAug 01, 2025 3:50 pm - It’s been almost 100 years since the U.S. had tariffs at the level they could reach next Friday. Once President Donald Trump's planned tariffs take effect, Americans will...
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Jury orders Tesla to pay more than $240 million in Autopilot crash caseAug 01, 2025 3:13 pm - MIAMI — A Miami jury decided that Elon Musk’s car company Tesla was partly responsible for a deadly crash in Florida involving its Autopilot driver assist technology and...
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Corporation for Public Broadcasting to shut down after being defunded by Congress, targeted by TrumpAug 01, 2025 3:07 pm - WASHINGTON — The Corporation for Public Broadcasting, a cornerstone of American culture for three generations, announced Friday it would take steps toward its own closure...
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Trump removes official overseeing jobs data after dismal employment reportAug 01, 2025 1:52 pm - President Donald Trump on Friday called for the firing of the head of the agency that produces the monthly jobs figures after a report showed hiring slowed in July and was much weaker in May and June than previously reported.
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Disaster recovery company planning move to WheelingAug 01, 2025 1:49 pm - A suburban disaster recovery company is planning a move to Wheeling.
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Construction begins on controversial 761-acre development in Sugar GroveAug 01, 2025 12:17 pm - Construction has begun on a much-protested 761-acre mixed-use development in Sugar Grove.
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Wall Street slumps and bond yields sink following weak hiring numbers and new tariffsAug 01, 2025 10:15 am - Stocks slumped and Treasury yields fell sharply Friday after a weak report on hiring and the latest gyrations in U.S. trade policy shook Wall Street.
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Geneva creator of Finn the Frog to sign copies of new children’s book SaturdayAug 01, 2025 9:55 am - Young readers of Kane County can meet a local author, get their books signed and possibly hear a live reading this Saturday in the Geneva Commons.
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