Business Stories from February 1, 2023
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Bed Bath & Beyond stores in Geneva, Crystal Lake, Wilmette now slated to close
Feb 2, 2023 8:43 AM - More Bed Bath & Beyond stores in the Chicago area are closing, including in Geneva, Crystal Lake and Wilmette, the home goods chain quietly revealed by posting a new list of 87 stores nationwide that it is shutting down. -
Coach: New Glenview fitness franchise focuses on benefits of stretchingFeb 2, 2023 8:28 AM - I welcome you to Glenview's newest addition to unique and specific fitness and health: The Stretch Zone, located at 2671 Navy Blvd. right smack in the heart of The Glen and specializing in nothing but the art, technique and benefits of stretching.
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Better for savings accounts, not for loans: What latest Fed interest rate hike means for you
Feb 1, 2023 7:35 PM - The Federal Reserve raised its key rate by a quarter-point Wednesday, which will likely make it even costlier to borrow for homes, autos and other purchases. But if you have money to save, you'll probably earn a bit more interest on it. Here's how else the rate hike could affect you.
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Republican-led committee targets COVID relief aid for review
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Jim O'Donnell: Both "The Score" and AM-1000 remain lost in space
Feb 1, 2023 6:50 PM - Jim O'Donnell says it continues to be a dark time for Chicago sports radio stations.
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Biden, McCarthy meet face-to-face on debt crisis worries: 'No agreement, no promises'
Feb 1, 2023 6:45 PM - President Joe Biden and House Speaker Kevin McCarthy met face-to-face Wednesday for more than an hour of highly anticipated budget talks -- "a good first meeting," the new Republican leader said -- but expectations were low for quick progress as GOP lawmakers push for steep cuts in a deal to prevent a national debt limit crisis. -
Downtown Wheaton apartment complex sold to JVM Realty
Feb 1, 2023 5:24 PM - An Oak Brook-based real estate firm has purchased a downtown Wheaton apartment complex near the old DuPage County courthouse. -
Hoffman Estates preparing for influx of high-end apartment and townhouse proposals
Feb 1, 2023 5:22 PM - Hoffman Estates officials are readying themselves for an increased demand for high-end apartments and townhouses. -
Federal Reserve lifts rate by quarter-point and signals more hikes ahead
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BACC to host economic summit Feb. 8Feb 1, 2023 2:44 PM - The Barrington Area Chamber of Commerce will host an Economic Summit, "State of the Greater Barrington Area," from 8:30-10 a.m. on Wednesday, Feb. 8 at Barrington's White House, 145 W. Main St.
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