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Stellantis CEO Carlos Tavares resigns as carmaker continues to struggle with slumping sales

By WYATTE GRANTHAM-PHILIPS
Dec 02, 2024 7:54 am - Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the automaker, which owns car brands like Jeep and Ram, amid an ongoing struggle with slumping sales.
‘Progress happens,’ but Heller Lumber remains a century later as Arlington Heights’ oldest business

By Christopher Placek
Dec 01, 2024 6:00 am - From the days of selling coal for heating homes to innovations in the building industry like laminated veneer lumber, the Heller family has seen quite a bit over the course of a century in business. And with the distinction of being the oldest business in the same location in Arlington Heights, the fourth-generation company doesn’t plan to go anywhere anytime soon.
New job? You may be leaving behind thousands in 401(k) savings.

By Hannah Ziegler
Dec 01, 2024 5:01 am - For people starting a new job that pays better, it’s tempting to rejoice over the salary bump. But what many job switchers don’t see is the thousands in retirement savings they stand to lose each year thanks to a 401(k) pitfall, a new study has found.
Local Elgin nonprofit leverages AI at their annual Techsgiving luncheon

Submitted by Elgin Hispanic Network
Nov 29, 2024 5:53 pm - The Elgin Hispanic Network hosted their annual Thanksgiving luncheon for a record crowd at Villa Olivia in Bartlett on Wednesday, Nov. 20.
Mickey Finn’s Brewery welcomes new head chef

By Shaw Local News Network
Nov 29, 2024 11:57 am - Mickey Finn’s Brewery has a new head chef. AJ McCloud brings more than 20 years of culinary experience, from top-tier restaurants to event dining on the Hollywood scene, according to a news release.
Crystal Lake’s new yarn store aims to unite craft community

By Michelle Meyer
Nov 29, 2024 11:53 am - Crystal Lake resident Kendall Nolan always wanted to open her own yarn store since tagging along as a child at the shop where her mother worked in Chicago. Now, after retiring from a long career as a credit director of a multinational engineering firm in California and Nevada, she’s back in Illinois with the grand opening of her store, Colorways Yarn Shoppe.
Holiday online shopping scams expected to surge on Cyber Monday

Submitted by Better Business Bureau
Nov 29, 2024 11:48 am - Cyber Monday is prime time for high-risk online shopping scams, the Better Business Bureau warns.
The Biz Week That Was: Chocolate dreams, a new Porsche dealership in the works, a sushi farewell

Daily Herald report
Nov 29, 2024 11:42 am - The Biz Week That Was: Chocolate dreams, a new Porsche dealership in the works, a sushi farewell are among the highlights.
Libertyville High grad making good on a sweet dream

By Mick Zawislak
Nov 29, 2024 10:30 am - While many spend a lifetime figuring out what they want to be when they grow up, Shane Wimmer knew from an early age that he wanted to make a career out of creating sweet treats.
Trump’s tariffs in his first term did little to alter the economy, but this time could be different

By JOSH BOAK
Nov 28, 2024 10:50 am - Donald Trump loved to use tariffs on foreign goods during his first presidency. But their impact was barely noticeable in the overall economy, even if their aftershocks were clear in specific industries.

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