Business

FRI, 2/15/2019

Friday, February 15, 2019

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St. Charles is expected to award about $45,000 to help property owners transform a portion of 100 S. Riverside Ave. into an upscale sports bar.

St. Charles likely to offer incentives for new sports bar

St. Charles is expected to offer financial assistance to help transform a vacant downtown property into an upscale sports bar.
The government says that the average tax refund and the total amount of refunds issued have declined for the second straight week. The declines have become a political issue, as Democrats contend they show how the new Republican-written tax law hurts middle-class people.

IRS says average tax refund is down 9 percent this year

Senior Treasury officials said Thursday that fewer Americans will get tax refunds this year and that the average refund will be lower.
The DuPage Children’s Museum property in Naperville is included in a redevelopment zone along 5th Avenue near the Naperville Metra station, but its future is unlikely to be decided before the April 2 election.

Should DuPage Children's Museum move? Naperville mayoral candidates weigh in

The next mayor of Naperville likely will be in charge before the city decides the future of the DuPage Children's Museum. Here's what both candidates for the seat think should happen.
Figures released by the Commerce Department show retail sales fell 1.2 percent in December from the previous month rather than the slight increase economists had been expecting.

Analysts are questioning the latest retail sales figures

Figures released by the Commerce Department show retail sales fell 1.2 percent in December from the previous month rather than the slight increase economists had been expecting.
The 30-year fixed-rate average fell to 4.37 percent.
Mortgage rates dip to their lowest levels in more than a year
After soaring to seven-year highs in November, mortgage rates have been on a steady decline the past 2½ months and this week sank to levels not seen in more than a year.
Mary Westerhaus of Sugar Grove showing her Fizzy Magic product line.
Sugar Grove mom invents Fizzy Magic -- a bath bomb for kids with a toy surprise inside
A question from her 6-year-old son sparked Mary Westerhaus of Sugar Grove to invent Fizzy Magic, a bath bomb for children that contains a small toy.
The Elgin Area Convention and Visitors Bureau won an Illinois “excellence in tourism” award for its “Explore Elgin” branding campaign. Shown here is Krisilee Murphy, its executive director.
"Explore Elgin" earns state tourism award
The Elgin Area Convention and Visitors Bureau won an Illinois "excellence in tourism" award for its "Explore Elgin" branding campaign.
Network Data Systems recently relocated its corporate headquarters to 300 N. Martingale Road in Schaumburg.
NDS relocates corporate headquarters
Network Data Systems recently relocated its corporate headquarters to 300 N. Martingale Road in Schaumburg.
Tenneco spinoff company to be called DRiV
Tenneco announced its spinoff aftermarket and ride performance company will be called DRiV Incorporated.
Extended Care acquires two facilites
Extended Care LLC, one of the largest continuum of post-acute care facilities in the area, has acquired the former 115 bed facility of HCR Manor Care in Naperville and the former 131 bed facility of HCR Manor Care in Wewstmont.
Rolling Meadows increases tobacco purchase age to 21
Rolling Meadows joined a growing list of Northwest suburbs this week in hiking the tobacco purchase age to 21.
Business Ledger | Harris named IHA SVP, general counsel
Karen Harris will join the Illinois Health and Hospital Association as its senior vice president and general counsel, effective March 1.
                                                                                                                                                                                                                       
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