Business Stories from November 4, 2025 (Change date)
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Palatine village council denies permit for smoke shopNov 04, 2025 5:11 pm - Palatine village council members this week denied a special-use permit for a proposed tobacco and e-cigarette shop.
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Buffalo Grove votes to annex Fiore property for 90 townhousesNov 04, 2025 4:34 pm - Buffalo Grove trustees approved Pulte Home Co.'s plan for 90 townhouses on the former Fiore Nursery & Landscaping Supply property near Prairie View Metra station.
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The pros and cons of ‘as-built’ permits for home sellersNov 04, 2025 2:59 pm - I have a property that was totally renovated without permits. I'm going to list the property for sale and want to know if an as-built permit is a good idea.
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US Steel details plans to invest $11 billion by 2028 across all business segmentsNov 04, 2025 2:34 pm - United States Steel on Tuesday detailed its billion-dollar multiyear growth plan with new owner Nippon Steel that includes modernizing the century-old steelmaker.
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‘Great incentives’ coming in 2026 for businesses eyeing events at Q Center in St. CharlesNov 04, 2025 2:16 pm - Local tourism officials are touting the Q Center in St. Charles for the role the facility has played over the past four decades in attracting events and shoppers to the downtown area.
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Talks to end the government shutdown intensify as federal closure is on track to become longest everNov 04, 2025 2:11 pm - Signs of a potential end to the government shutdown intensified Tuesday with behind-the-scenes talks, as the federal closure was on track to become the longest ever disrupting the lives of millions of Americans.
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Bill to regulate homeowners’ insurance rates fails on final day of veto sessionNov 04, 2025 2:06 pm - A bill that failed on the House floor would have given state insurance regulators authority to review and approve rates charged for homeowners’ insurance in Illinois. The legislation was proposed following State Farm’s announcement in July of a 27.2% rate hike. The bill passed the Senate but failed in the House on the final day of lawmakers’ fall veto session. That means if supporters want it to be reconsidered, they will have to introduce a new bill in the next legislative session, which begins in January.
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Losses for Big Tech pull Wall Street lowerNov 04, 2025 8:00 am - Stocks fell on Wall Street, pulled down by losses in the same big tech companies that have been the main drivers of the market's rally so far this year. The S&P 500 slid 1.2% Tuesday. The Dow Jones Industrial Average lost 0.5%. The drops in tech pulled the Nasdaq composite down 2%.
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Big Tesla investor will vote against Musk's massive pay packageNov 04, 2025 7:23 am - Norway's sovereign wealth fund, one of Tesla's biggest investors, said Tuesday that it will vote against a proposed compensation package that could pay CEO Elon Musk as much as $1 trillion over a decade.
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Boeing may face its first civil trial seeking damages for deadly Ethiopia crashNov 04, 2025 6:37 am - More than six years after a Boeing 737 Max jetliner crashed in Ethiopia, the first civil trial stemming from the disaster that killed all 157 people on board the plane appears poised to move forward.
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