Business Stories from February 17, 2020
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Jeff Bezos commits $10 billion to fight climate change
Feb 18, 2020 12:20 PM - Amazon founder Jeff Bezos says he plans to spend $10 billion of his own fortune to help fight climate change
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Shares take hit as virus outbreak slams profits, events
Feb 18, 2020 10:30 AM - Global shares are down as the impact from the virus outbreak that began in China deepens
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Buffalo Grove considering new TIF district to spark growth in Lake-Cook corridorFeb 18, 2020 9:22 AM - Could a Tax Increment Financing district breath new life into struggling areas of Buffalo Grove's Lake-Cook corridor? Village officials hope so, as they inch closer to establishing a TIF within the 472-acre corridor.
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Interstate Batteries opens lab at UTIFeb 18, 2020 9:21 AM - Universal Technical Institute and Interstate Batteries recently opened a new lab space at the UTI Lisle campus.
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Nissan shareholders furious at Ghosn scandal, dismal results
Feb 18, 2020 7:00 AM - Nissan shareholders vented their outrage at the Japanese automaker's top management for crashing stock prices, zero dividends and quarterly losses after the scandal-ridden departure of former Chairman Carlos Ghosn
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Is new Costco worth $5.5 million incentive? Naperville has decision to make.Feb 18, 2020 6:35 AM - A second Costco could be coming to Naperville, but the wholesaler has said it would need $5.5 million in tax incentives to make the store possible.
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Feder: Cubs TV broadcasts get additional home on Hulu
Feb 18, 2020 6:32 AM - The Marquee Sports Network inks deal for Hulu to carry Cubs games on live TV.
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Pier 1 files for bankruptcy protection amid online challenge
Feb 17, 2020 7:40 PM - Home goods retailer Pier 1 Imports Inc. is filing for bankruptcy protection
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Developer publicly denies role in push for Elk Grove term limitsFeb 17, 2020 6:22 PM - In his first public statement since filing suit against Elk Grove Village a year ago, local developer Mario Gullo on Monday continued to deny involvement in anonymous robocalls and mailers pushing a term limits referendum, saying such accusations by village officials are only a distraction from his fight for the rights of private property owners.
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Apple warns China virus will cut iPhone production, sales
Feb 17, 2020 4:50 PM - Apple Inc. is warning investors that it won't meet its second-quarter financial guidance because the viral outbreak in China has cut production of iPhones
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