Business Stories from October 30, 2025 (Change date)
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US stocks sink as Wall Street sees both good and bad in Big Tech profits, US-China relationsOct 30, 2025 3:47 pm - The U.S. stock market sank from record heights as Wall Street sifted through mixed developments on everything from the U.S.-China trade war to profits for Big Tech behemoths. The S&P 500 fell 1% Thursday and edged further from its all-time high set on Tuesday. The Dow Jones Industrial Average slipped 0.2%, and the Nasdaq composite dropped 1.6% from its record set the day before.
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Water supplier for much of northern Illinois soldOct 30, 2025 3:36 pm - Where your water comes from isn’t changing. However, the company that will manage, operate and supply area customers soon will change if all goes as planned. The merger of American Water Works and Essential Utilities Inc., in which Aqua America operates, is expected to close by the end of the first quarter of 2027.
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House passes energy bill amid debate over costs to consumersOct 30, 2025 3:26 pm - House lawmakers passed a sweeping energy reform bill along party lines Wednesday evening. The bill would create new incentives for energy storage, allow construction of new nuclear power plants and give regulators expanded authority over the state's electric grid. It now is in the Senate.
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Judson University debuts live-work architecture centerOct 30, 2025 1:43 pm - The Future Architect Fund, in partnership with Elgin’s Judson University, recently opened Glunz Hall, a hybrid live-work residence and design studio for the university’s master of architecture program.
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Pinstripes location in South Barrington closesOct 30, 2025 1:42 pm - Pinstripes in South Barrington has closed its doors after 18 years. The restaurant is in The Arboretum of South Barrington, 100 W. Higgins Road.
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Trade takeaways from Trump's meeting with Chinese leader XiOct 30, 2025 8:03 am - U.S. President Donald Trump said he had an “amazing” meeting Thursday with China’s top leader Xi Jinping that produced very important decisions. The first official Chinese comments on the meeting were less specific and suggested any trade deal is not done.
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Trump cuts tariffs on China after meeting Xi in South KoreaOct 30, 2025 8:00 am - President Donald Trump described his face-to-face with Chinese leader Xi Jinping on Thursday as a roaring success, saying he would cut tariffs on China, while Beijing had agreed to allow the export of rare earth elements and start buying American soybeans.
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