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PayPal applies to form its own bank to expand small-business lending

By Andrew Jeong
Dec 19, 2025 12:51 pm - PayPal is seeking a banking charter that would allow it to boost its lending business, offer savings accounts that can earn interest and make customers’ deposits eligible for federal insurance coverage, the payments company said Monday.
Business Insights: Supercharging Illinois Manufacturers

By Elisabeth Williams
Dec 19, 2025 11:18 am - The federal government is doubling down on support for the manufacturing sector in 2026 with targeted tax benefits and increasing access to capital through the Small Business Administration 504 loan program.
States faces a choice on whether to embrace Trump’s tax cuts on tips, overtime and more

By DAVID A. LIEB
Dec 19, 2025 11:15 am - To tax tips or not? That is a question that will confront lawmakers in states across the U.S. as they convene for work next year.
TikTok signs deal to form new US unit with investors, including Oracle, Silver Lake

By BARBARA ORTUTAY
Dec 18, 2025 8:20 pm - TikTok has signed agreements with three major investors — Oracle, Silver Lake and MGX — to form a new TikTok U.S. joint venture, ensuring the popular social video platform can continue operating in the United States.
‘Illinois cannot afford to lose this’: Local leaders hope to keep Bears in state

By Christopher Placek
Dec 18, 2025 7:45 pm - Arlington Heights Mayor Jim Tinaglia urged Springfield legislators to support the Bears’ request for a property tax break and public infrastructure funding, arguing that losing the team would be a “dark day” for Illinois.
HHS to revoke funding from hospitals offering youth gender transition care

By Paige Winfield Cunningham
Dec 18, 2025 7:43 pm - The Trump administration is moving to broadly curtail gender transition care for young people, proposing Thursday to eject medical providers from major federal health insurance programs if they provide services including hormone therapy or procedures such as mastectomies to children and teenagers.
Reimagining Chase Plaza: Developer outlines plans for Buffalo Grove shopping center

By Steve Zalusky
Dec 18, 2025 5:49 pm - Plans for Buffalo Grove’s Chase Plaza revealed this week call for a complete overhaul of the moribund shopping center that was left with a gaping hole after the exit of a Dominick’s grocery store more than a decade ago.
Last-minute shopping? Visit Lake County’s largest vendor fair

Daily Herald report
Dec 18, 2025 3:57 pm - Santa’s Winter Wonderland Market, Lake County’s largest holiday vendor fair, will be held from 12 to 4 p.m. Saturday, Dec. 20 at The Ten Hotel, 6161 W. Grand Ave., Gurnee.
BBB alert: Extreme winter weather an opportunity for scammers

Submitted by Better Business Bureau
Dec 18, 2025 2:26 pm - Extreme weather is the perfect storm for scams. The Better Business Bureau warns the public to be extra cautious heading into winter this Sunday.
A ‘recession’ is arriving for people who want jobs in technology

By Danielle Abril
Dec 18, 2025 2:18 pm - Newly released jobs market data paints a murky picture ahead for the tech industry, which continues to slash workers.

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