Business

MON, 4/22/2019

Monday, April 22, 2019

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A proposed countywide hotel tax backed by the DuPage County Convention & Visitors Bureau to boost tourism efforts is drawing opposition from several business organizations, as well as the village of Oak Brook, which is home to several hotels such as the Hilton Chicago/Oak Brook Hills Resort & Conference Center.

Idea for countywide hotel tax to boost DuPage tourism sparks controversy

DuPage tourism officials say the landscape has changed and that a new approach is needed to fill the county's nearly 16,000 hotel rooms. But one proposal is sparking controversy because it calls for the creation of a countywide hotel occupancy tax.
A rendering of the south side of the proposed Perry’s Steakhouse that would be built on the west side of the Hyatt Regency Schaumburg on Golf Road.

Perry's Steakhouse proposed west of Hyatt Regency Schaumburg

Unless Schaumburg trustees have any reservations Tuesday night, patrons can start making their own for a new Perry's Steakhouse & Grille that would open in the summer of 2020 west of the Hyatt Regency Schaumburg on Golf Road.
Jim McDermet, a former Starbucks executive and the chairman of the North Central College board of trustees, stands beside entrepreneur in residence Connor McGury, right, during the college’s “First Crack” event kicking off its new Coffee Lab.

New Coffee Lab to give North Central students hands-on industry experience

From picking coffee cherries off plants in Guatemala to packaging beans for local sales, North Central College students have been using hands-on practices for more than a decade to learn about aspects of the coffee industry. Program leaders now are hoping to round out the experience by launching a new facility with a professional-grade coffee roaster on the Naperville campus.
Alan Kirk, left, is the co-chairman of Rotary Connex, a free event designed to help local businesses get involved in charitable community activities. Kirk is pictured with his son Aaron in this 2013 photo while taking part in the “Reading Buddies” program by the United Way of Elgin, one of many programs in which Elgin Rotary clubs participate.

Elgin Rotary helping businesses attract millennials

Companies that want to attract millennials might consider upping their social responsibility game. Two Rotary clubs in Elgin have organized Rotary Connex to help make that happen.
The first folding phone from Samsung focuses on a high-end market.
Samsung's Galaxy Fold won't launch this week after all
Samsung announced Monday that it would delay the release of its new $2,000 flagship Galaxy Fold phone after reports of product defects affecting the screen, which folds like a sandwich, a major setback for what was the most highly anticipated new mobile device in years. The phone was due to arrive in stores Friday. But last week, product reviewers who received the phones about a week before there were to be sold to consumers reported problems such as broken hinges that caused the screen to bulge. Samsung said it would make modifications to its screen design and announce a new release date "in the coming weeks."
Dana Roppo
As Hispanic small business owners grow, they must also consider succession planning
Succession planning is an often-overlooked step in safeguarding the future of a business -- especially significant for family-owned companies and those that represent a primary source of income and family wealth.
Plan to knock down old Lake Zurich McDonald's, build new one approved
The Lake Zurich village board approved a plan to knock down the McDonald's on the southwest corner of Rand and Ela roads and replace it with a new one.
Ticked about politics? Change begins now
If you're one of the apparently many people unhappy about the way our political leaders are leading, what are you going to do to, hopefully, find some election happiness?
Chet Coppock
Feder: Correcting the record on Chet Coppock
Initial media reports on the death of legendary Chicago sportscaster Chet Coppock Wednesday contained incorrect information on the date and location of the traffic accident that claimed his life, Robert Feder writes.
FILE - This April 2017, file photo provided by NerdWallet shows Liz Weston, a columnist for personal finance website NerdWallet.com. (NerdWallet via AP, File)
Liz Weston: How debt 'solutions' could dig you in deeper
Paying off high-rate debt such as credit cards with lower-rate loans may seem like a no-brainer, but it's important to understand the pros and cons before borrowing money to repay other debt
FILE - In this Jan. 26, 2017, file photo, a woman walks near shops in downtown Westport, Conn. The boom market in small businesses is showing signs of cooling. The number of small business sales counted by online market BizBuySell.com fell 6.5% during the first quarter from the same period of 2018, following a 6% fourth quarter drop.(AP Photo/Michael Melia, File)
Boom market in small businesses shows signs of cooling
The boom market in small businesses is showing signs of cooling
Business Ledger | Does cybersecurity matter for a family office?
Data breaches are constantly in the news and most companies know they should be concerned about privacy and the security of their data. However, most family offices are not sure how to start addressing their concerns, or worse, don't view the family office as a target.
                                                                                                                                                                                                                       
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