Long Island City faces Amazon dilemma: How to reap rewards amid changing landscape
Long Island City, the New York neighborhood where Amazon plans to expand, has been changing from a working-class area to a gentrified hot spot for the past decade. HQ2 will accelerate that trend, sparking concerns from business owners and residents.
Inequality makes it harder than ever for cities to say no to AmazonWhen even mega-cities like New York are subsidizing Amazon, what hope does anyone else have?
BuzzFeed will tell you what Millennials want, for a feeScotts Miracle-Gro, the plant-care giant, had a problem: Millennials weren't gardening enough. So the company turned to one of the most renowned experts on millennial behavior, BuzzFeed.
Are you a minority borrower? You might want to think twice about using an online lender.Black and Latino consumers pay higher interest on home loans than whites or Asians with similar credit scores -- even when shopping online.
Shellshocked investors don't know where the next bomb will dropAnxiety is an occupational hazard, a fact of life, for professional traders. After all, even on good days, something is always going wrong, somewhere.
Inside Nike's store of the future, where a smartphone helps you shopThe new flagship in New York is a template for cities around the globe.
Bankers can only dream of deals with reluctant tech billionaireJack Dangermond spent his entire career ignoring the capital markets. The advantage of this approach was on full display last month, on a day when tech titans like Jeff Bezos and Mark Zuckerberg lost almost $33 billion, as the Nasdaq Composite Index dropped the most in more than seven years.
Amazon 'lotto' winners in New York and Virginia see housing jackpot"It's changed from a buyers' market to a sellers' market just like that," said Rick Rosa, a broker with Douglas Elliman Real Estate. "The slowdown that happened in Long Island City is now not going to happen."
Constable: Visiting one of his restaurants, founder Dick Portillo still one of the crewDick Portillo arrives without an entourage, but he's hardly anonymous as he heads to the counter to order his favorite beef and Italian sausage combo "with a little juice." Even after selling his Portillo's empire for a reported $1 billion, Portillo can't resist popping behind the counter and says of the restaurant, "This is my baby."
Competition to AmazonGo is coming from an unlikely source: IsraelAmazon.com set off a global race to automate grocery shopping. The latest entrant comes from a nation not known for state-of-the-art retail experiences: Israel.
Your smartphone photos are totally fake -- and you love itNight Sight on Google's Pixel, which shoots pictures in the dark, shows how phone cameras have become faketastic.
A Weighty Question for Employers: Is it Illegal to Discriminate Against Employees Because of Obesity?Since the passage of the Americans with Disabilities Act ("ADA"), one of the issues which continues to perplex employers is whether obesity is a disability under the Act. The answer to this question is important for many reasons.
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.
Suburban Business News
from the staffs of the Daily Herald and the Business Ledger
- Downers GroveConstable: Visiting one of his restaurants, founder Dick Portillo still one of the crew
- NapervilleParking data in, but Naperville awaiting museum decision in redevelopment process
- GrayslakeClassic Dog n Suds drive-in in Grayslake for sale
- MundeleinMundelein jacks up fee for video gambling machines
- LincolnshireSullivan's Steakhouse closes in Lincolnshire
- BusinessHurricane Michael leads Allstate to $202M in losses during October
- NewsElmhurst may tweak city planning update to address neighbor concerns
- RosemontHilton's boutique Rose Hotel opens in Rosemont
- BarringtonNew shoe store in downtown Barrington
- EducationStreamwood High precision manufacturing program, instructor awarded $50,000
- Glen EllynGlen Ellyn plans to borrow $10 million for parking garage, streetscape projects
- PalatinePalatine chamber seeks award nominees
- Oak BrookBallard Designs opens in Oak Brook
- NapervilleIce cream business owner faces multiple child pornography charges in DuPage County
- St. CharlesWindy City Motorcycle adds BMW and Royal Enfield
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.