Business

THU, 4/22/2021

Thursday, April 22, 2021

                                                                                                                                                                                                                                                                                                                                                           
Today's Forecast Today's e-Edition
e-Edition Paper
With work already underway, a ceremonial groundbreaking was held in Elgin Thursday for the new $15 million state-of-the-art headquarters for GoldCoast Logistics Group.

New logistics company HQ in Elgin to feature driver dorm rooms, other amenities

GoldCoast Logistics Group held a ceremonial groundbreaking for its new $15 million headquarters in Elgin Thursday. The facility will include a 38,000-square-foot warehouse and 23,000 square feet of office space.
Century Tile’s Mount Prospect store at Rand and Central roads is shown in 1972, shortly after it opened.

Century Tile will close all 4 of its locations

Century Tile, an iconic Chicago-area tile and carpet retailer and one of the largest floorcovering retailers in the Midwest, announced its permanent closure and liquidation of all stores this month.
Sears opened at Gurnee Mills in 2004 and featured wide aisles. The store closed in 2018, and this week the village agreed to an incentive plan that will help the mall’s owners to rehab the massive store into three smaller locations.

Gurnee approves $500,000 incentive plan to help bring Hobby Lobby to Gurnee Mills

Hobby Lobby will be one of three new tenants to occupy the space once used by Sears at Gurnee Mills mall after the Gurnee village board on Monday approved an incentive package worth up to $500,000 to defray the cost of renovations for the mall's owners.
A park shown in this rendering serves as the focal point of the Naper Commons subdivision, planned for a portion of the Nokia property in Naperville.

Despite outcry, Naper Commons subdivision plans move ahead in Naperville

Housing developers have received Naperville City Council approval to build a new subdivision that neighbors and environmentalists fear will disrupt wildlife habitats in surrounding forest preserves.
Exelon said its Braidwood nuclear plant was at “high risk for premature closure.”
Lawmakers question Exelon audit
Members of a state Senate committee sharply criticized a recent audit of Exelon's nuclear power plant operations that suggested ratepayers may need to subsidize two of those plants by as much as $350 million over the next five years.
Rachel Orr, who plays the Queen, straightens her costume Wednesday as the Medieval Times crew and cast prepare for Thursday's reopening.
The shows must go on: Medieval Times, Six Flags reopening this week
Medieval Times in Schaumburg is anticipating a renaissance Thursday, while in Gurnee, Six Flags Great America is making plans to provide visitors with thrills they've been without since 2019, starting Saturday.
Bill change would allow voters to lift rent control bans locally
A new amendment to House Bill 116, which advanced out of committee earlier this spring, would allow municipalities to vote on rent control measures through referendums.
Hoffman Estates-based video gambling company fined by state gaming board
A Hoffman Estates-based video gambling company will pay a fine and fees totaling $75,000 to settle a disciplinary complaint before the Illinois Gaming Board.
OWP hopes to market ADHD drug
Naperville-based OWP Pharmaceuticals Inc. said it has submitted for U.S. patent protection the first oral liquid suspension of atomoxetine hydrochloride, a drug often used for attention deficit hyperactivity disorder.
Bill Leff and Wendy Snyder
Feder: Bill & Wendy pulling the plug on Cumulus podcast
Ending their 15-month run as a podcasting team, Bill Leff and Wendy Snyder will record their final episode Monday.
FILE - In this July 17, 2019 file photo American Airlines planes are parked on the tarmac at Phoenix Sky Harbor International Airport in Phoenix. American Airlines Group Inc. (AAL) on Thursday, April 22, 2021, reported a loss of $1.25 billion in its first quarter. (AP Photo/Ross D. Franklin, File)
American Airlines posts $1.25 billion loss, delays new jets
American Airlines is reporting another big loss as the pandemic continues to hammer air travel, but the airline says it is seeing signs of more demand for tickets
John Killacky
Business Ledger | What a business should look for in outside general counsel
While many attorneys are capable advisers and risk managers, a general counsel must be more.
                                                                                                                                                                                                                       
Recommended for You
Business Insights
More Business Insights
Sponsored Content
                                                                                                                                                                                                                       
                                                                                                                                                                                                                       
 
Photo Galleries
The Daily Herald Archive, Assignment # 387, Tom Grieger photo: These two girls look through books in the children’s section of the Arlington Heights Library in February of 1965.
Images:Through the Film Magnifier: Kareem Abdul-Jabbar, Hamburger University, Tug-O-War, Dance competitions and more
In this June 19, 1962 file photo, Britain’s Queen Elizabeth II and Prince Philip travel by open carriage around the track prior to the race program, at Ascot, England. Prince Philip was the longest serving royal consort in British history. In Britain, the husband or wife of the monarch is known as consort, a position that carries immense prestige but has no constitutional role.
Images:Prince Philip, husband of Queen Eliazabeth II, dies at 99
The Daily Herald Archive, Assignment # 3,221, Mike Seeling photo: Blackhawk school students work on a project in their science class in Bensenville in March of 1966.
Images:Through the Film Magnifier: WrestleMania, Michael Jordan, slot car recing, canoe classes and more
The Daily Herald Archive, Assignment # 1,065, Al Smith photo: Play ball was the call as 210 Prospect Heights Little Leaguers turned out for opening day ceremonies in May of 1965. The enthusiasm of the major league Cardinals unfortunately did not carry them to victory as they dropped the opening contest 1-0 to the White Sox.
Through the Film Magnifier: Little League Opening Day, Jayne Kennedy, C3PO actor, First Test Tube baby and more
In this Oct. 8, 1964 file photo, The Supremes, from left, Florence Ballard, Mary Wilson and Diana Ross, perform during a reception for them in a hotel, in London. Wilson, the longest-reigning original Supreme, has died at 76 years old. Publicist Jay Schwartz says Wilson died Monday, Feb. 8, 2021, at her home in Las Vegas and that the cause was not immediately clear.
Mary Wilson of The Supremes has died at 76
The Daily Herald Archive, Assignment # 233, Don Vickery photo: Kitchen preparations such as this are being duplicated all over the south side of Arlington Heights in February of 1965 as 34 Girl Scout troops prepare for a bake sale in the Gieseke Shoe story. Scouts pictured are from left to right are Ruth Nerlinger, Sue Pretto, Debbie Donavon and Anne Baughman.
Through the Film Magnifier: Darth Vader, mud olympics, Guardian Angels, Girl Scout cookies and more
School Graduations More Galleries
                                                                                                                                                                                                                       
 
Inside Business
Trending News
    Top Jobs
    Today's Obituaries