Gurnee cuts spending, braces for sales tax shortfall
Despite having built a considerable emergency fund since the 2008 recession, Gurnee village leaders have made hard cuts to spending during the COVID19 pandemic lockdown, including delaying work, canceling planned salary increases for employees and freezing hiring.
Congress weighs choice: 'Go big' on virus aid or hit 'pause'Congress is at a crossroads in the coronavirus crisis, wrestling over whether to "go big," as House Speaker Nancy Pelosi wants for the next relief bill, or hit "pause," as Senate Majority Leader Mitch McConnell insists.
France to unveil rescue plan for struggling car industryFrench President Emmanuel Macron is set to unveil new measures Tuesday to rescue the country's car industry, which has been hammered by the virus lockdown and the resulting recession.
Feder: Community Trust funds hiring of two Sun-Times reportersTwo seasoned Chicago reporters will be joining the Sun-Times, thanks to a grant from The Chicago Community Trust.
Global shares up as recovery hopes overshadow virus worriesGlobal shares are up as hopes for economic recovery overshadow worries over the coronavirus pandemic
Latam Airlines files for Chapter 11 bankruptcy protectionSouth American carrier Latam Airlines says it is seeking Chapter 11 bankruptcy protection as it grapples with the sharp downturn in air travel sparked by the coronavirus pandemic
Branson's Virgin Orbit fails on first rocket launch attemptRichard Branson's Virgin Orbit has failed in its first attempt to launch a test satellite into space aboard a rocket carried aloft by a Boeing 747 and released over the ocean off Southern California
China demands US withdraw sanctions on tech suppliersChina has demanded that Washington withdraw export sanctions imposed on Chinese companies in the latest round of a worsening conflict over technology, security and human rights
Japan lifts coronavirus emergency in all remaining areasJapanese Prime Minister Shinzo Abe is lifting a coronavirus state of emergency in Tokyo and four other remaining areas, ending the restrictions nationwide as businesses begin to reopen
Worker shortage concerns loom in immigrant-heavy meatpackingThe meat and poultry industry has historically relied on immigrant labor to do some of the most dangerous jobs in America, from employing refugees to a notorious record of hiring immigrants in the U.S. illegally
Germany approves 9 billion euro aid package for LufthansaGerman airline Lufthansa says it's in line for government help to keep flying through the coronavirus crisis
Business Ledger | Panel: Keeping core values key in keeping culture strong during crisisBusiness leaders face major challenges during the COVID-19 pandemic, but those who hold true to their company's core values and remain confident and compassionate to their employees will be stronger coming out of the crisis, according to a panel speaking Thursday at the Daily Herald Business Ledger's "Maintaining Culture During a Crisis" webinar.
Returning to work: What liability do businesses have?As businesses are preparing to return to work, one question that is top of mind is what potential liability do I have if someone gets sick due to exposure from my place of business or the work that is being done?
Gerald Auto celebrates seniors with signs Celebrating graduates: St. Charles North seniors supported with sign projectMany pasttimes are being postponed or cancelled due to COVID-19. But graduating seniors at St. Charles North, one tradition is going strong this year - the congratulatory sign in the front yard.
Your PPP funds were granted -- now what?Unlike other traditional loans, having Paycheck Protection Program loans forgiven will not count toward taxable income. Your focus should now turn to maximizing loan forgiveness.
Suburban Business News
from the staffs of the Daily Herald and the Business Ledger
- GurneeGurnee cuts spending, braces for sales tax shortfall
- SchaumburgCook County backs tax incentives for 3 suburban businesses
- ElginOwners of COVID-19 sites that haven't opened asking the state for millions in rent
- SportsO'Donnell: Arlington Park's summer fate still up in the air
- Rolling MeadowsPlan to hand out restaurant gift cards part of Rolling Meadows relief efforts
- WheatonWheaton restaurants want to close downtown street for outdoor dining
- WheelingIncreased testing causes rise of confirmed COVID-19 cases at Wheeling assisted living facility
- BusinessWalgreens chief takes new job in Tennessee
- LincolnshireKinzie Builders completes two suburban projects
- SchaumburgTourism groups promote Illinois Road Trips
- Libertyville'Face of MainStreet' Libertyville set to retire after nearly three decades
- Hoffman EstatesDespite economic slowdown, developer of Hoffman Estates 'metroburb' remains upbeat
- AuroraSugar Grove de-annexes site of controversial warehouse plan near I-88
- PalatineTent rental business waiting for parties to start as restictions ease
- East DundeeEast Dundee rezones Main Street site for new apartment buildings
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