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Disney parks chief Josh D’Amaro named to succeed Bob Iger as CEO

By MICHELLE CHAPMAN
Feb 03, 2026 8:27 am - Disney has named its parks chief Josh D’Amaro to succeed Bob Iger as the entertainment giant's top executive. D’Amaro is the Disney Experiences Chairman, spearheading ef...
Seeking shelter from Trump’s fury, US trade partners reach deals with each other

By PAUL WISEMAN, JOSH BOAK and ELAINE KURTENBACH
Feb 03, 2026 8:19 am - Bullied and buffeted by President Donald Trump’s tariffs for the past year, America’s longstanding allies are desperately seeking ways to shield themselves from the president’s impulsive wrath.
New, larger H-Mart Asian grocery store opens in renovated former Kohl’s site in Schaumburg

By Eric Peterson
Feb 02, 2026 5:15 pm - A new, larger H-Mart grocery store has opened in a renovated Kohl’s store in Schaumburg, replacing the village’s original decade-old location just blocks away.
Mount Prospect closes deal on St. Mark property boosting downtown parking

By Steve Zalusky
Feb 02, 2026 4:10 pm - Mount Prospect officials confirmed the village has closed on the St. Mark Lutheran Church property, a deal that should provide additional downtown parking spaces.
‘Land saved’: The Conservation Foundation steps in to help preserve property once eyed for warehouses

By Alicia Fabbre
Feb 02, 2026 3:05 pm - Nearly four years ago, Dundee Township residents banded together to fight against a proposed warehouse development at Binnie and Randall roads. Today, a sign from The Conservation Foundation at the same intersection proclaims victory: “Land Saved.”
Some companies tie AI to layoffs, but the reality is more complicated

By MATT O'BRIEN
Feb 02, 2026 2:30 pm - Many assumed Amazon’s 16,000 corporate layoffs announced last week reflected CEO Andy Jassy’s push to reduce the corporate workforce and “get efficiency gains from using AI extensively across the company.” But like other companies that have tied workforce changes to AI — including Expedia, Pinterest and Dow last week — it can be hard for economists to know if AI is the real reason behind the layoffs or if it's the message a company wants to tell Wall Street.
Labor Department delays January jobs report because of partial shutdown

By PAUL WISEMAN
Feb 02, 2026 1:10 pm - The Labor Department, citing the partial federal government shutdown, said Monday that it will not release the January jobs report on Friday as scheduled.
‘This was a rescue’: St. Charles plastics plant remains open after being bought by German firm

By Joey Weslo
Feb 02, 2026 11:41 am - After months of expecting the manufacturing plant to close down for good, the German-based company MATEtronix acquired Microplastics Inc., rehiring a majority of the same employees and keeping the equipment in St. Charles.
Plan for 5-story building on Fox River Grove’s Block B ‘unlikely’ without new TIF, consultant says

By Michelle Meyer
Feb 02, 2026 11:39 am - Fox River Grove is looking to create another downtown tax increment financing district — this time specifically to incentivize redevelopment of a vacant block that was demolished last year.
Underwood introduces bills to expand ways Illinois farmers can sell directly to consumers

By Kelsey Rettke
Feb 02, 2026 11:39 am - U.S. Rep. Lauren Underwood has introduced legislation that, if passed, could make it easier for local farmers to sell their products directly to consumers.

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