Amazon's HQ2 split between NYC/Arlington sparks backlash from locals, politicians
The drawn-out theater of Amazon's decision Tuesday to split its second headquarters between New York's Long Island City and suburban Virginia's Crystal City was met with a maelstrom of criticism from local officials and professionals.
Amazon HQ 2 going to New York City, Northern VirginiaAmazon will open major new outposts in northern Virginia's Crystal City and in New York City, splitting its much-sought investment of up to 50,000 jobs between the two East Coast sites.
St. Charles man goes from massage-loving CEO to spa ownerThe former CEO of Xentris Wireless, Bill Christy of St. Charles, now is the owner of three Hand & Stone Massage and Facial Spa locations in the suburbs.
Elgin business center goes to auctionMission Capital Advisors, a national real estate capital markets solutions firm, said its asset sales group is marketing the Leslie Oaks Business Center, a 255,304-square-foot office and industrial complex located at 580-735 Tollgate Road in Elgin.
Joseph Naper Building sold for $3.65MMarcus & Millichap, a commercial real estate investment services firm, announced the sale of the Joseph Naper Building, the oldest building in Naperville, officials said.
Reflejos takes gold for Outstanding Bilingual PublicationReflejos Publications has been named as the Outstanding Bilingual Publication by the National Association of Hispanic Publications at its 31st annual convention in Las Vegas.
Grayslake small business owners band together to promote downtownA new small-business group has made promoting Grayslake's downtown its priority. The group hold its first big event starting on Black Friday.
New CEO tapped at Chicago Custom Foods in Elk GroveChicago Custom Foods, the maker of Kernel Season's popcorn seasonings and Tasty Shakes oatmeal add-ins, announced today that Jason Roy has been promoted to chief executive officer of the company, effective immediately.
Feder: WLS taps Ben Shapiro for afternoonsIt's official: Commentator and podcaster Ben Shapiro will succeed Chicago radio legend Steve Dahl as afternoon host on WLS 890-AM, the Cumulus Media news/talk station announced Monday, Robert Feder writes.
Why your board should include a woman -- or twoIdeas and insights matter, which means there are some extremely practical reasons that the board of directors of your small or mid-size business should include a female member -- or two, or more. The reasons why come from Kathy Graham, founder of The HQ Companies Inc., a Chicago group of four related businesses that deal in talent assessment and management, and related growth strategies; Cindy Burrell, president of Chicago-based Diversity in Boardrooms, a consulting firm that seeks to match business needs and potential board members; and Ken Hoganson, founder and CEO of the Private Directors Association, which provides support intended to help privately owned businesses create value-producing boards.
Feder: Kachinske out as program director at The MixMary Ellen Kachinske, one of Chicago radio's longest-tenured and most successful program directors, is out after more than 18 years at WTMX 101.9-FM, the Hubbard Radio hot adult-contemporary station.
Business Ledger | CDW hires new investor relations leadLINCOLNSHIRE -- CDW announced Sari L. Macrie, CDW's current vice president of investor relations, will retire at year's end and will be succeeded by Beth Coronelli on November 26. Macrie joined CDW just prior to its June 2013 initial public offering. She was instrumental in developing the company's investor relations program and played a central role in growing and strengthening the function.
Weiss & Company LLC celebrates 50th anniversary in styleLast month, a crowd of over 300 gathered at The Glen Club in Glenview to celebrate the 50th anniversary of Weiss & Company LLP, one of the area's most enduringly successful accounting firms.
The most ignored retirement assetThe main goal of someone when they retire is to make sure they have protected the Longevity of their money, they can maintain a Lifestyle they are accustomed, to have the Liquidity needed to maintain that lifestyle, and to leave a Legacy to their heirs.
Switching accounting methods can provide instant tax savings for manufacturersAs a manufacturer or distributor, you probably determine taxable income using the accrual method of accounting but switching accounting methods can provide tax savings. In the past, anyone with inventory was generally required to file tax returns under the accrual method. The Tax Cuts and Jobs Act changed this requirement in 2018. Under the new tax law, manufacturers can now switch to the cash basis for tax reporting if gross revenue is under $25 million. The new tax law provides many advantages for manufacturers.
Suburban Business News
from the staffs of the Daily Herald and the Business Ledger
- South ElginSt. Charles man goes from massage-loving CEO to spa owner
- NapervilleJoseph Naper Building sold for $3.65M
- GrayslakeGrayslake small business owners band together to promote downtown
- Lake ForestHundzinski join Tenneco as executive vice president, finance
- BusinessDiscover deal with PXP expands card's global acceptance
- Downers GroveImagination Ball to mark Community Foundation Week
- Mount ProspectMexican family restaurant replacing taqueria at Randhurst Village
- BusinessArlington Heights businesses staying open late Nov. 14
- Mount ProspectMount Prospect residents fear traffic, density of 320-unit downtown project
- Des PlainesDes Plaines program helps struggling veterans find a new career
- NapervilleHow beer, wine could combine with Naperville adventure park
- NapervilleNaperville ends serving limits at breweries
- Hoffman EstatesSears to close another 40 stores
- Deer ParkConsumers Credit Union opens in Kildeer
- St. CharlesSt. Charles-based brand development firm recognized for achievements
Through the Film Magnifer: Cheech and Chong, White Sox, Sunbathing, Roller Disco, Muhammad Ali, war protests and more
Through the Film Magnifier: Johnny Cash, Homing Pigeons, John Belushi, Ted Nugent, Marshall Brodien and more.
Through the Film Magnifier: Featuring singing nuns, Kickapoo rock fest, the Paddock Olympics, rocket clubs and more.