Business Stories from April 17, 2026 (Change date)
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Federal judge blocks Nexstar-Tegna TV station merger until antitrust lawsuit is settledApr 17, 2026 9:46 pm - A federal judge has blocked a $6.2 billion merger of local television giants Nexstar Media Group, which owns WGN TV and radio, and rival Tegna until an antitrust lawsuit...
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Oil prices drop 9% and Wall Street rallies to a record after Iran reopens the Strait of HormuzApr 17, 2026 8:34 pm - Oil prices dropped back to where they were in the early days of the Iran war, and U.S. stocks raced to another record Friday after Iran said the Strait of Hormuz is open again for commercial tankers carrying crude from the Persian Gulf to customers worldwide.
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Traffic and trepidation in the Persian Gulf could keep gasoline prices from dropping quicklyApr 17, 2026 5:31 pm - NEW YORK — After U.S. President Donald Trump and Iran’s foreign minister said the Strait of Hormuz was fully open to commercial vessels after almost seven weeks of war, o...
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Elk Grove Village to buy shuttered hotel for $11.3M, then tear it down for redevelopmentApr 17, 2026 5:12 pm - Elk Grove Village is purchasing a shuttered hotel at 1000 Busse Road for $11.3 million, with plans to demolish the building and redevelop the site.
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The Supreme Court hands a win to oil and gas companies fighting environmental lawsuits in LouisianaApr 17, 2026 4:52 pm - WASHINGTON — The Supreme Court handed a win Friday to oil and gas companies fighting lawsuits over coastal land loss and environmental degradation in Louisiana. The unani...
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Wanna bet? Washington steps up scrutiny of prediction marketsApr 17, 2026 4:48 pm - WASHINGTON (AP) — As the United States was preparing a daring mission to rescue an airman whose fighter jet was shot down by Iran, there was money to be made. Users on Po...
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Oil prices drop 9% and Wall Street rallies to a record after Iran reopens the Strait of HormuzApr 17, 2026 4:44 pm - NEW YORK — Oil prices dropped back to where they were in the early days of the Iran war, and U.S. stocks raced to another record Friday after Iran said the Strait of Horm...
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A new parking deck in downtown Naperville? Library, business leaders revisit 500-space garageApr 17, 2026 4:25 pm - Plans for a parking deck at the Nichols Library in downtown Naperville ended up on the proverbial shelf in the Great Recession.
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Energy demand in ComEd territory could double by 2040, in part driven by data centersApr 17, 2026 3:44 pm - A House committee got an overview this week of how data centers are driving up energy demand and threatening potential shortfalls in the second of three planned hearings on the matter.The fundamental issue is that data centers have created a sudden and massive spike in demand for electricity, and Illinois doesn’t yet have the supply to accommodate it.
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Bigger not always better: North Chicago among best small cities to start a business, analysis showsApr 17, 2026 2:20 pm - North Chicago ranked first in Illinois and 56th in the U.S. among the “Best Small Cities to Start a Business,” according to information released by the personal finance company WalletHub.
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