Business Stories from June 3, 2019
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Grains mixed, livestock mixed
Jun 4, 2019 9:59 AM - CHICAGO (AP) - Grain futures were mixed Tuesday in early trading on the Chicago Board of Trade. Wheat for July delivery fell 10.60 cents at $5.10 a bushel; Jul corn was up .40 cent at $4.2960 a bushel; July oats was off 6.80 cents at $3.0740 a bushel; while July soybeans rose 3.14 cents at 8.8874 bushel.
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Happy about gambling expansion? Elgin, Aurora casinos, no. Rivers Casino, yes.Jun 4, 2019 8:41 AM - The massive gambling expansion approved by state legislators over the weekend elicited different reactions from suburban casinos and officials: thumbs-up from Des Plaines, which sees it as a chance for growth; mixed reviews from Aurora; and dismay from Elgin, which worries about declining revenues.
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Arlington Park: Too soon to say when casino games will be availableJun 4, 2019 8:41 AM - Arlington International Racecourse officials said Monday they are pleased with legislation passed over the weekend permitting slots, table games and sports betting at the Arlington Heights-based track, though it's too early to say when bettors will be able to take a spin on the roulette wheel after placing trifecta bets.
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Bliss Communications to sell newspapers, radio stations
Jun 3, 2019 5:44 PM - A southern Wisconsin-based communications company plans to sell its newspapers and radio stations
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24-hour gym proposed for shuttered Algonquin furniture storeJun 3, 2019 4:09 PM - Basketball courts, exercise rooms, gym equipment and an indoor pool could soon breathe new life into a shuttered Algonquin furniture store.
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Glenbard East students earn funding for INCubator business ideaJun 3, 2019 3:20 PM - Glenbard East High School hosted its Business INCubator pitch night on May 16. Four teams selected from a semi-final competition competed to win $5,000 toward continuing their business.
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FTD files for bankruptcy protectionJun 3, 2019 2:22 PM - Downers Grove-based FTD Companies is filing for Chapter 11 bankruptcy protection following a rough Valentine's Day and will break the business into pieces.
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Court reverses regulators' decision on pipeline's impact
Jun 3, 2019 2:02 PM - An appeals court has reversed a decision by Minnesota utility regulators who approved the environmental impact statement for Enbridge Energy's Line 3 pipeline
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Sears parent company buying Sears Hometown and Outlet Stores
Jun 3, 2019 1:44 PM - The parent company of Sears, controlled by former Sears CEO Eddie Lampert, is buying the rest of Sears Hometown and Outlet Stores Inc. that it doesn't already own and reuniting the business with the Sears and Kmart stores.
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Market for small businesses appears waning, survey says
Jun 3, 2019 1:39 PM - The boom market in small businesses appears to have peaked and is now waning
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