Business Stories from January 16, 2026 (Change date)
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Trump bets on rural health as a winning midterm messageJan 16, 2026 7:48 pm - President Donald Trump wants Republicans to be known as the health care party heading into this year’s midterm elections, even as his administration has struggled to produce a comprehensive health care agenda. He tried to build the case again Friday by touting a $50 billion rural health program as evidence his administration can deliver results for voters facing rising costs and shrinking access to care.
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Trump says he wants to keep Hassett in White House, clouding Fed chair selectionJan 16, 2026 4:45 pm - President Donald Trump on Friday said he would like to keep his top economic adviser, Kevin Hassett, at the White House rather than potentially nominate him to replace Jerome Powell as chair of the Federal Reserve.
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Stocks edge a bit below their latest records on Wall StreetJan 16, 2026 4:21 pm - NEW YORK — Stocks edged a bit lower on Wall Street Friday as the first week of corporate earnings season ended with markets trading near record levels. The wobbly day for...
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810 Entertainment set to open in former Pinstripes location in South BarringtonJan 16, 2026 3:51 pm - A new spot to eat, drink and play is poised to open in a familiar space in The Arboretum of South Barrington.
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Bambu opens in Batavia Walmart with Asian-inspired drinks, dessertsJan 16, 2026 12:20 pm - A taste of Southeast Asia is coming to Batavia, including Vietnamese coffee and freshly made mochi-style waffles.
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Wage inequities persist in Illinois but have improved slightly, report showsJan 16, 2026 12:14 pm - A 2021 amendment to the Equal Pay Act mandates certain Illinois businesses to report biannual wage and demographic data to the Department of Labor. The first analysis, based on three years of data, shows some improvement, but disparities remain the widest in low-wage and craft occupations. Researchers recommend expanding the reported data to get the full picture of wage equity in Illinois.
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Owners of The Graceful Ordinary bringing two new concepts to St. CharlesJan 16, 2026 11:17 am - The husband-and-wife team behind The Graceful Ordinary restaurant in St. Charles is bringing two new concepts to town.
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‘We cannot fumble this opportunity’: Arlington Heights officials say tax break bill needed to keep the Bears in IllinoisJan 16, 2026 10:12 am - Arlington Heights Mayor Jim Tinaglia and other local leaders on Friday urged Illinois legislators to pass property tax break legislation to support a Bears stadium redevelopment. Without it, he warned that Illinois could lose the Bears to Indiana.
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Canada agrees to cut tariff on Chinese EVs in return for lower tariffs on Canadian farm productsJan 16, 2026 7:49 am - Breaking with the United States, Canada has agreed to cut its 100% tariff on Chinese electric cars in return for lower tariffs on Canadian farm products, Prime Minister Mark Carney said Friday.
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