Sears' CEO has come up with a last-minute plan to save it from bankruptcy
Sears could face bankruptcy if it doesn't meet its next debt payment, due in the coming weeks. Now, the retailer's chief executive has come up with a last-minute plan to save it, after already shuttering thousands of stores and selling off some of its key brands.
Schaumburg wrestles with parking problem as entertainment district pushes aheadSchaumburg officials are getting down to brass tacks on many of the more practical aspects of a long-discussed entertainment district around the Schaumburg Convention Center, including road realignments, more land acquisition and -- perhaps most importantly -- a four- to six-level parking deck.
New life for shuttered Hoffman Estates bowling, but without iconic lookThough happy with a plan to redevelop the former Hoffman Lanes bowling alley on Higgins Road into a strip center for stores and restaurants, Hoffman Estates officials are less open to the making its facade reminiscent of the local icon it once was.
District 303 launches entrepreneurship programAn entrepreneurship program growing in popularity among suburban schools has made its way to St. Charles Unit District 303, where nearly 100 high schoolers will spend the academic year developing their own startup companies.
Fed's 3rd hike this year expected despite rising trade risksThe Federal Reserve is set this week to raise interest rates for a third time this year to prevent the economy from growing too fast. But with President Donald Trump's trade fights posing a risk to the U.S. economy, the Fed may soon be ready to slow its hikes.
US, China hike tariffs as trade row intensifiesChina and the United States imposed new tariff hikes on each other's goods Monday and Beijing accused Washington of bullying, giving no sign of compromise in an intensifying battle over technology that is weighing on global economic growth.
Construction begins on Aurora industrial developmentThe Missner Group and First Industrial Realty Trust are pleased to announce ground has broken on the 173,000 square foot speculative industrial/warehouse building planned for 1998 Melissa Drive in Wheeling.
Engineering Enterprises promotes Aurora womanEngineering Enterprises Inc. said Nadia Simek from Aurora has passed the Professional Engineer exam and has earned the title of Professional Engineer in the State of Illinois.
Dental office opening in Fox LakeDoctors Kevin Theiss and Michael Panczyszyn will soon be offering dental services to the community of Fox Lake at their new office, Fox Lake Dental Care.
Molex buys New Jersey companyMolex, a global manufacturer of electronic solutions, said Friday that it acquired Nistica, a company specializing in the development and manufacturing of wavelength selective switching.
Mount Prospect apartment complex soldMarcus & Millichap, a commercial real estate investment services firm, Monday announced the sale of a 30-unit apartment property located at 353 W. Hawthorne Circle in Mt. Prospect.
CLC, Baxter partner on new labThe College of Lake County will celebrate the grand opening of its Baxter Innovation Lab with a ribbon cutting and open house from 5 to 7 p.m. Thursday Oct. 4 at the Grayslake Campus.
Columns | Elmhurst's Stenograph dominates shorthand industry for 80 yearsSince the first machine was sold 80 years ago, Elmhurst-based Stenograph LLC's reputation for quality, accuracy and customer service has commanded almost 90 percent share among the half-dozen companies in the market, making the name synomimous with court and legal shorthand reporting.
Checkbox training doesn't fix harassmentEvery HR leader has likely told a manager that sleeping with a subordinate is a lawsuit waiting to happen, and that unwelcome sexual jokes and/or touching are inappropriate in the workplace.
Francke among 5 MPS attorneys earning top honorsHal Francke, a partner at Meltzer, Purtill & Stelle LLC has been named 2019 "Land Use and Zoning Lawyer of the Year" for the Chicagoland area by Best Lawyers.
Thinking of selling your business? Now may be a good timeSelling a business is one of the most important financial decisions in a business owner's lifetime.
Suburban Business News
from the staffs of the Daily Herald and the Business Ledger
- Hoffman EstatesSears' CEO has come up with a last-minute plan to save it from bankruptcy
- SchaumburgSchaumburg wrestles with parking problem as entertainment district pushes ahead
- Hoffman EstatesNew life for shuttered Hoffman Estates bowling, but without iconic look
- St. CharlesDistrict 303 launches entrepreneurship program
- AuroraConstruction begins on Aurora industrial development
- Fox LakeDental office opening in Fox Lake
- Mount ProspectMount Prospect apartment complex sold
- GrayslakeCLC, Baxter partner on new lab
- Lake ZurichRemains of Lake Zurich Hackney's to be torn down in coming weeks
- NapervilleNaperville restaurant loses liquor license
- Downers GroveReport: Seller's market continues
- Vernon HillsVernon Hills officials give pet store plan chilly reception
- AuroraAurora mayor honored by Togolese officials
- RosemontRosemont engineering firm to host recycling event Friday
- SchaumburgMotorola executive known as 'The Wizard' was ahead of his time
Through the Film Magnifier: Featuring singing nuns, Kickapoo rock fest, the Paddock Olympics, rocket clubs and more.
Through the Film Magnifier: Featuring Joan Rivers, Larry Lujack, The Arlingtones, disco dancing and more