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The Biz Week That Was: Sears’ HQ nearly razed, Dick’s buys Foot Locker, and Walmart warns of higher pricesMay 17, 2025 1:35 pm - The demolition of Sears campus in Hoffman Estates is almost done The demolition of Sears’ former 2.4 million-square-foot headquarters in Hoffman Estates is entering ...
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Illinois’ motor fuel tax is working as intended: Fixing roads and keeping up with costsMay 17, 2025 1:28 pm - Every July 1 since 2019, Illinois’ motor fuel tax ticks upward with the rate of inflation. And every year, the same talking heads emerge attacking it as some evidence of broken government.
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People on the move: Fehr Graham; Pulse TechnologiesMay 17, 2025 1:26 pm - Fehr Graham hiring and promotions Fehr Graham, a leading Midwest engineering and environmental firm, recently hired Josh Elmore as an engineer. Based in the firm...
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US consumer sentiment slides to 3-year lows as trade war raises inflation anxiety
May 16, 2025 2:56 pm - U.S. consumer sentiment fell slightly in May for the fifth straight month, surprising economists, as Americans increasingly worry that President Donald Trump’s trade war will worsen inflation. The preliminary reading of the University of Michigan’s closely watched consumer sentiment index, released Friday, declined 2.7% on a monthly basis to 50.8, the second-lowest level in the nearly 75-year history of the survey. The only lower reading was in June 2022. Since January, sentiment has tumbled nearly 30%.
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Developer proposes 90 new townhouses, row houses near Naperville gatewayMay 16, 2025 2:06 pm - Real estate firm Lincoln Property Co. has proposed a 90-unit townhouse and row house development within walking distance of the popular Growing Place garden center.
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Batavia endorses $24M affordable housing development near Fox River
May 16, 2025 12:48 pm - Property with a view of the Fox River in Kane County often isn’t affordable, but Batavia is in the early stages of reviewing a proposal for a development that would give low-income renters one of the best views around.
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ADP moving 1,000 employees from Elk Grove Village to Zurich building in SchaumburgMay 16, 2025 12:42 pm - A deal has been announced for ADP payroll services to relocate from its Elk Grove Village offices to join Wheels, Inc. in leasing space Zurich North America has made available for tenants at its iconic Schaumburg headquarters.
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Bears shift stadium focus back to Arlington HeightsMay 16, 2025 12:20 pm - The Chicago Bears on Friday announced a shift in focus back to Arlington Heights for their stadium development plans, after previously considering a lakefront site in Chicago.
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Fogo de Chão opening in Orland Park MondayMay 16, 2025 12:01 pm - Fogo de Chão, the popular Brazilian steakhouse, will open its sixth Chicago-area restaurant in Orland Park on Monday.
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Conservatives block Trump’s big tax breaks and spending cuts bill in a stunning setback