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May home sales inch higher with record-few on the market and biggest annual price drop since 2011

By ALEX VEIGA AP Business Writer
Jun 22, 2023 1:00 am - LOS ANGELES (AP) - Sales of previously occupied U.S. homes edged higher in May and the national median sale price posted its biggest annual drop in more than a decade, e...
United Airlines tweaking app to give customers rebooking options and vouchers during delays

Associated Press
Jun 22, 2023 1:00 am - CHICAGO (AP) - United Airlines says when flights are delayed or canceled it will use its app to send customers options for rebooking and, in some cases, vouchers for mea...
Aurora restaurant to be sold after 50 years

Jun 21, 2023 11:00 pm - AURORA - LaCabana Mexican Cafe, 835 S. River St. in Aurora, announced on its Facebook page Thursday that the business will be sold after 50 years. The restaurant closed ...
Pactiv Evergreen factories achieve certification

Jun 21, 2023 11:00 pm - LAKE FOREST - Pactiv Evergreen said four of its manufacturing facilities were recently awarded International Sustainability and Carbon Certification (ISCC) PLUS designat...
Velocis begins work on Batavia distribution center

Jun 21, 2023 11:00 pm - BATAVIA - Velocis, a Dallas-based private equity real estate fund manager, has formally broken ground on the Batavia Logistics Center, a 543,603-square-foot warehouse in...
Schaumburg abandoning plans for performing arts center, shifting $27.5 million already saved

By Eric Peterson
Jun 21, 2023 5:00 am - Schaumburg is officially moving on from its long-standing plans for a 2,400-seat performing arts center west of the Renaissance Hotel by reallocating the $27.5 million g...
Fausto's in Arlington Heights to add beer and wine, along with outdoor dining

By Christopher Placek
Jun 21, 2023 1:00 am - Fausto's Italian Kitchen is the latest downtown Arlington Heights restaurant adding alcohol to its menu offerings. The eatery has been nestled in the Evergreen shopping ...
South Elgin HomeGoods store opens Thursday

Daily Herald report
Jun 21, 2023 1:00 am - Home decorating retailer HomeGoods opens its new South Elgin location Thursday. The new store at 432 Randall Road is located in the space previously occupied by Staples...
St. Charles City Council approves economic incentives for Blue Goose Market successor

By David Petesch Shaw Local News Network
Jun 21, 2023 1:00 am - A "premium national grocer" is set to fill the vacant Blue Goose Market in downtown St. Charles, and city council members voted to give the grocery store developers up t...
Fed's Powell: More rate hikes are likely this year to fight still-high inflation

By CHRISTOPHER RUGABER AP Economics Writer
Jun 21, 2023 1:00 am - WASHINGTON (AP) - With inflation in the United States still excessive, most Federal Reserve officials expect to raise interest rates further this year, Chair Jerome Powe...

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