Browsing: Business

Lake County Council President Ted Bilski, D-Hobart, said at this time he has not heard much of the bill nor had any talks with legislators as they look to move in forward. He is unsure where the council would stand. Bilski said he was in support of a convention center the last time the council considered it, but there was not a whole lot of other support. He would want to know what impact any project would have on the rest of the county.

“So, suddenly, these inflation numbers are something many, many people haven’t seen in their own lifetime, and for them they’re uncertain what it means for optimal consumption-savings decisions,” Weber said, noting that inflation is the highest its been since 1982. “And oftentimes, you see that high inflation, especially numbers like that, actually leads ordinary households to start a downward adjustment on their outlook — they expect bad economic times ahead, so they become pessimistic,” he said.

Chicago Public Media has sought “significant philanthropic support” for the partnership. Michael Sacks, chairman and CEO of Chicago-based asset management firm GCM Grosvenor and a Sun-Times investor, helped secure the agreement to transfer the newspaper’s assets and committed “significant future financial support,” according to Chicago Public Media.

At Laurel Hill Elementary School in Hanover Park, music teacher Lynne Schefke, who normally works at Huff Elementary School in Elgin, dismisses her students after substitute teaching in a dual language kindergarten classroom on Jan. 4, 2022. A surge of COVID-19 cases forced Elgin-based Unit School District 46 to close five of its 57 schools due to staffing shortages, including Huff Elementary. (Chicago Tribune)

Car dealership lots around Naperville, like this one at Toyota, have plenty of parking because of vehicle shortages caused by supply chain issues. The lack of vehicles means dealers can charge more for those they do have in stock. (Suzanne Baker / Naperville Sun)

Dermody plans to invest more than $500 million, including land acquisition, to redevelop the Allstate campus as a massive logistics and fulfillment operation, expediting delivery of products to consumers and businesses in the Chicago area, the company told the Tribune.

The project would displace some of the pond, hospital representatives said. A diagram showed how they would replace some of the volume in the pond that will be lost by building the expansion. The plan is to push some of the volume to the north end of the retention pond and expand the open water area along the sides.

In this April 25, 2021 file photograph, the blue oval logo of Ford Motor Company is shown in east Denver. Ford and security company ADT have formed a joint venture that will help businesses protect vehicles and expensive equipment they carry from theft. The first product from the venture called Canopy is a system that uses cameras, radar, global positioning and artificial intelligence to spot a potential thief and notify ADT, which will monitor the feeds and notify the customer or authorities if needed. (David Zalubowski/AP)

Frontier Airlines, which used to fly out of Midway Airport but left in early 2015 to consolidate operations at O’Hare International, now plans to fly out of both airports. It will resume flights out of Midway on April 28. (Chris Sweda / Chicago Tribune)

A Dreamliner 787-10 arriving from Los Angeles pulls up to a gate at Newark Liberty International Airport in Newark, N.J., Monday, Jan. 7, 2019. Federal safety officials are directing operators of some Boeing planes to adopt extra procedures when landing on wet or snowy runways near impending 5G service because, they say, interference from the wireless networks could mean that the planes need more room to land. The Federal Aviation Administration said Friday, Jan. 14, 2022, that interference could delay systems like thrust reversers on Boeing 787s from kicking in, leaving only the brakes to slow the plane. (Seth Wenig/AP)