Business

TUE, 6/15/2021

Tuesday, June 15, 2021

                                                                                                                                                                                                                                                                                                                                                           
Today's Forecast Today's e-Edition
e-Edition Paper
Developer Eddie Ni gives a tour of Pacifica Square shopping center in Aurora. Ni and partners have poured more than $10 million into the first phase of improvements at the previously underutilized shopping center.

Aurora development takes off as growing hub for Asian businesses

Chinese American real estate developer Eddie Ni's vision to revive the 360,000-square-foot former Yorkshire Plaza in Aurora involves creating the nation's largest Asian-chic lifestyle center, providing a one-stop destination for shopping, food, business, service, leisure and entertainment.
Jimmy Donohoe, a partner in Rivalry Alehouse under construction in downtown Antioch, shows an old barn door that will be incorporated into the second floor, which will be available for private events.

Restaurant openings in Antioch stalled by shortages, cost increases

Two new restaurants had hoped to be welcoming customers in downtown Antioch, but the openings have been delayed
Steam rises from Exelon’s nuclear plant in Byron. A proposal from Gov. J.B. Pritzker would include $694 million in subsidies to three nuclear plants owned by Exelon at a cost of about 80 cents on the average monthly ratepayer bill.

Energy bill still not filed less than 24 hours before planned vote

The Illinois Senate is scheduled to return to the Capitol Tuesday to consider an energy regulatory overhaul bill that is years in the making but was not yet filed in its final form as of Monday night. The House is scheduled to return Wednesday.
With the help of a grant provided by the Regional Transportation Authority, the village of is Cary taking a renewed look at its downtown area.

Cary board to vote on downtown plan, open gathering spaces

A strategic plan for Cary's downtown that includes ideas for open gathering spaces, street improvements and other ways to revitalize the area is set to be considered by the Cary Village Board Tuesday evening.\
A second KLA School is slated to be built in Naperville after the city council granted approval for the day care and preschool at 2719 Beebe Drive within the Bradford Commons shopping center.
KLA School operator to open second Naperville location
The success of an existing early childhood center in Naperville has prompted its owners to move forward with plans to build a second KLA School in town.
Jamie Kalven
Feder: Chicago's Invisible Institute shares Pulitzer Prize for national reporting
Invisible Institute, the Chicago-based nonprofit journalism production company, won its first Pulitzer Prize Friday for its work on a year-long investigation of K-9 units and the damage that police dogs inflict on Americans.
V103
Feder: V103 widens margin of victory in latest radio ratings
WVAZ 102.7-FM, the iHeartMedia R&B station, widened its lead over Audacy all-news WBBM 780-AM/WCFS 105.9-FM in the latest Nielsen Audio survey released Monday.
Apex 400 work continues in Glen Ellyn
The next phase of the Apex 400 construction project in Glen Ellyn will include relocating the temporary construction fencing on Main Street, beginning Monday.
Arlington Heights offering small-business loans
The village of Arlington Heights is now offering $130,000 in Community Development Block Grant funding to provide financial assistance to small businesses hurt by COVID-19.
Starbucks proposed for Mundelein
The Mundelein village board will meet Monday to discuss a plan for a Starbucks coffee shop in Hawley Lake Plaza, which is on the northwest corner of Route 45 and Hawley Street.
FILE - In this Dec. 1, 2020 file photo, Chairman of the Federal Reserve Jerome Powell appears before the Senate Banking Committee on Capitol Hill in Washington. The Federal Reserve reports that the U.S. economy grew at a somewhat faster pace from early April to late May despite adverse effects from supply chain disruptions. The Fed's latest survey of economic conditions around the nation released Wednesday, June 2 2021, said that several Fed districts reported positive effects on the economy from increased vaccination rates and relaxed social distancing measures. (AP Photo/Susan Walsh, Pool, File)
Delicate task for Fed: When to pull back on low-rate support
The Federal Reserve is poised this week to discuss when it will take its first steps toward dialing back its ultra-low interest rate policies
Business Ledger | New trends in attracting and retaining talent
As the economy begins to steadily improve and competition for top job talent tightens, finding new ways to appeal to potential new hires continues to be an ongoing challenge for employers. With a new age of workers upon us, a new age of problems have surfaced as well.
                                                                                                                                                                                                                       
Recommended for You
                                                                                                                                                                                                                       
                                                                                                                                                                                                                       
 
Photo Galleries
The Daily Herald Archive, Assignment # 31,578, Bob Finch photo: Bruce Dodds, left, of the First Arlington National Bank, and Police Chief L.W. Calderwood confer after the predawn robbery in Arlington Heights in February of 1974.
Through the Film Magnifier: Bob Collins, Jack Nicklaus, Richard Daley, Woodfield Mall Ice Arena and more
The Daily Herald Archive, Assignment # 80,908, Dave Tonge photo: During a promotional appearance at Eyelab in Schaumburg, Oprah Winfrey autographs a copy of The Color Purple for 8-year-old Kelly Lunebach of Hoffman Estates in January of 1986.
Images:Through the Film Magnifier: Oprah, Blues Brothers, Wally Phillips, the Arlingtones and more
The Daily Herald Archive, Assignment # 3,165, Larry Cameron photo: Chicago Blackhawks hockey legend Bobby Hull greeted fans at the Novak and Parker store in Mount Prospect in February of 1966.
Images:Through the Film Magnifier: Bobby Hull, Peter O'Toole, Ted Nugent, aerobics classes for kids and more
The Daily Herald Archive, Assignment # 3,235, Larry Cameron photo: This child received the measles vaccine at Laurel Hill School in Hanover Park in March of 1966. Children from one to six years of age could be vaccinated if the parents had written permission from their doctor.
Images:Through the Film Magnifier: Frontier Days, Bill Veeck, PeeWee Football, The Cellar nightclub and more
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
School Graduations More Galleries
                                                                                                                                                                                                                       
 
Inside Business
Trending News
    Top Jobs
    Today's Obituaries