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Facebook parent Meta cuts 11,000 jobs, 13% of workforce

By BARBARA ORTUTAY AP Technology Writer
Nov 09, 2022 12:00 am - Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering revenue and broader tech industry woes, CEO Mark Zuckerberg s...
Morton Arboretum to go solar

Nov 08, 2022 10:00 pm - LISLE - The Morton Arboretum said Wednesday it has entered into a 30-year power purchase agreement with a subsidiary of NextEra Energy Resources LLC to install a two-meg...
Graycor hires Steve Cieslak as new CFO

Nov 08, 2022 10:00 pm - OAKBROOK TERRACE - Graycor said Steve Cieslak has joined its team as chief financial officer. The 19-year finance veteran will lead information technology, accounting an...
Atkore acquires conduit maker for $92 million

Nov 08, 2022 10:00 pm - HARVEY — Atkore Inc. said it has acquired the assets of Elite Polymer Solutions, a manufacturer of plastic conduit primarily serving telecommunications, utility and tran...
Surgalign announces corporate restructuring, layoffs

Nov 08, 2022 10:00 pm - DEERFIELD - Surgalign Holdings Inc. said its board of directors has approved a corporate restructuring plan that will include layoffs and is intended to help drive growt...
Hinsdale-based Nora Fleming promotes new president

Nov 08, 2022 10:00 pm - HINSDALE - Nora Fleming, the company known for its collectible minis that attach to interchangeable serveware bases, recently promoted Janice Dayon Christensen to presid...
New partner joins St. Charles law firm

Nov 08, 2022 10:00 pm - ST. CHARLES - Kimberly Brancato has joined Feagans Law Group as a new partner. Brancato, who has a national background in complex personal injury cases including birth i...
Union rights amendment support drops below 60%, but it could still pass

By Jake Griffin
Nov 08, 2022 6:00 pm - A ballot measure intended to codify Illinois workers' right to unionize appears headed toward victory. Unofficial results show enough voters supporting the proposal to a...
Chinese maker announces 300 orders for new jetliner

The Associated Press
Nov 08, 2022 6:00 am - BEIJING (AP) - A state-owned Chinese commercial jet manufacturer set up to try to compete with Boeing and Airbus says it has secured orders for 300 of its first long-ran...
Asian markets mixed ahead of US elections, inflation data

By ELAINE KURTENBACH
Nov 08, 2022 6:00 am - TOKYO (AP) - Asian stocks were mixed Tuesday ahead of the U.S. midterm elections with trading likely to stay bumpy in a week that brings new inflation data and other eve...

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