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.
FILE - In this June 5, 2018, file photo, rolls of steel are shown in Baytown, Texas. Despite President Donald Trump's tough talk on trade, his administration has granted hundreds of companies permission to import millions of tons of steel made in China, Japan and other countries without paying the hefty tariff he put in place to protect U.S. manufacturers and jobs, according to an Associated Press analysis.(AP Photo/David J. Phillip, File)

AP analysis: Hundreds of companies excused from steel tariff

Despite Trump's tough talk on trade, his Commerce Department has approved tariff exemption requests from 370 companies for up to 4.1 million tons of foreign steel
FILE - In this Sept. 30, 2010 file photo, central Illinois farmers harvest soybeans in Pleasant Plains, Ill. Deere, a manufacturer that faces threats on both ends of a trade war, cited rising costs and anxious farmers, in reporting a profit shortfall for the first quarter Friday, Feb. 15, 2019. Shares bounced back from sharp premarket declines, however, on a relatively strong outlook, and hopes that tensions with China will receded in the coming year. (AP Photo/Seth Perlman)

Deere, hit on both sides of trade war, posts weak 1Q earns

Deere takes a 1Q trade-war hit, but is optimistic about 2019
J.B. Pritzker speaks last year on the SIU campus.

House approves $15 minimum wage by 2025, and Pritzker's expected to make it official

Illinois legislators moved quickly Thursday to deliver one of new Democratic Gov. J.B. Pritzker's top campaign promises, a gradual hike in the statewide minimum wage from $8.25 to $15 an hour -- more than double the pay floor that most of its Midwestern neighbors require.
The members of the Downtown Grayslake Small Business Group are hoping to fill Center Street during their second event, the Shop ‘n’ Swirl Wine Walk on March 9.
Grayslake small business group growing, hosting a wine walk
The growing Downtown Grayslake Small Business Group is hosting a Shop 'n' Swirl Wine Walk in March to draw visitors and raise money.
FILE- In this Feb. 5, 2019, file photo trader Andrew Silverman works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Friday, Feb. 15. (AP Photo/Richard Drew, File)
Markets Right Now: Stocks surge, boosted by trade talks
Stocks surged on Wall Street after Chinese and U.S. officials agreed to continue trade talks in Washington next week.
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.
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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