Business Stories from May 3, 2022
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Grains mixed. Livestock mixed
May 4, 2022 10:06 AM - CHICAGO (AP) - Grain futures were mixed Wednesday in early trading on the Chicago Board of Trade. Wheat for May was up 10.50 cents at $10.5350 a bushel; May corn fell 21.50 cents at $7.97 a bushel; May oats rose 20 cents at $7.10 a bushel; while May soybeans declined 35.50 cents at $16.5250 a bushel. Beef was mixed and pork was higher on the Chicago Mercantile Exchange.
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Ukrainian native debuts line of artisan products to support Ukrainians at Westfield Old OrchardMay 4, 2022 8:30 AM - Westfield Old Orchard welcomes It's Oksana into The Cube. The pop-up, which includes handcrafted linen and hemp household products, clothing and accessories created by Ukrainian women artisans, was launched by Ukrainian native Oksana Ambroz-Trychta to benefit the people of Ukraine.
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Asian shares slip ahead of Fed interest rate decision
May 3, 2022 10:56 PM - Shares are mostly lower in Asia, with markets in China, Japan and some other markets still closed for holidays
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Ready to pour: Ribfest gets liquor license for relocated event at county fairgroundsMay 3, 2022 9:00 PM - Ribfest organizers are almost ready to fire up the grills and settle into their new home at the DuPage County Fairgrounds in Wheaton after a pandemic pause and 32 years in Naperville. New festival dates have been set, weekend headliners have been announced and a liquor license has now been issued from the city of Wheaton.
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Palatine council approves town's first recreational pot shopMay 3, 2022 7:29 PM - Plans for Palatine's first recreational marijuana shop cleared a final hurdle Monday, when the village council approved the opening of Bloc on the town's north side.
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Starbucks reports record Q2 sales, enhances worker benefits
May 3, 2022 6:36 PM - Starbucks' sales climbed to a record $7.6 billion in its fiscal second quarter, but its profits took a hit from climbing labor costs
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LinkedIn settles with U.S. over alleged pay discrimination
May 3, 2022 6:00 PM - The career-networking service LinkedIn has agreed to pay $1.8 million in back wages to hundreds of female workers to settle a pay discrimination complaint brought by U.S. labor investigators
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Airbnb posts much smaller Q1 loss, revenue doubles from 2021
May 3, 2022 5:54 PM - Airbnb is getting a boost from the rebound in travel
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Sources say Bally's River West casino plan expected to get Lightfoot's nod
May 3, 2022 4:20 PM - Mayor Lori Lightfoot is preparing to turn over her cards in the Chicago casino game, with all signs pointing to a winning hand for Bally's Corp. and its River West bid, sources told the Chicago Sun-Times on Tuesday.
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CBS declares television season victory with weeks to go
May 3, 2022 4:19 PM - CBS declared itself the most popular prime-time television network for the season, even though there are still more than three weeks to go
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