Browsing: Business

“Our goal has always been to reach agreements that would provide our union-represented colleagues with good wages and competitive benefits, while also positioning our U.S. bakeries and sales distribution facilities for future growth and success,” Glen Walter, an executive vice president and president of North America at Mondelez, said in a statement.

Administrators expect to loan up to $500,000 to each craft grower, and $250,000 to each dispensary, agency spokesperson Lauren Huffman said. As of Sept. 15, 18 license winners have applied for the loans, with a Sept. 30 deadline approaching. Two private partners, Good Tree Capital and Credit Union 1, will also provide financing under the program.

Others are offering bigger-than-usual signing bonuses, like Amazon, which is looking to hire 7,700 employees in Illinois as part of 125,000 new transportation and fulfillment jobs nationwide, on top of 75,000 new jobs the company announced in May. The Illinois jobs have an average starting wage of $16 per hour and can come with bonuses of up to $3,000 in certain locations, including the company’s warehouse in Monee.

The grandchildren of legendary Chicago gangster Al Capone will sell 174 family heirlooms at an Oct. 8 auction titled “A Century of Notoriety: The Estate of Al Capone” in Sacramento, California. The family heirlooms include his favorite gun that he called “Sweetheart” (estimated value $150K), his diamond-monogrammed watch ($50K), engraved jewelry, furniture from the Palm Island home, family photos and more. Aug 26, 2021

In this Jan. 25, 2011, file photo, is the Boeing Co. logo on the property in El Segundo, Calif. Chicago-based aerospace giant Boeing will invest $200 million to manufacture the U.S. Navy’s latest unmanned aircraft at MidAmerica St. Louis Airport. (Reed Saxon/AP)

While the Woodfield store’s closure will leave Sears with no department stores in Illinois, Transformco said it has 11 Sears Hometown stores in the state. Those stores carry tools, appliances and lawn and garden equipment and are primarily operated by independent dealers or franchisees. There are more than 300 large and small format Sears and Kmart stores nationwide, Transformco said.

But the delta variant has changed where Americans spend their time and money. Online sales soared 5.5% last month, while sales at restaurants and bars, many of whom believed they were through the worst of the pandemic until the arrival of delta, were flat from the month before.

Applications for jobless aid rose from 312,000 the week before, the Labor Department said Thursday. Jobless claims, which generally track the pace of layoffs, have fallen steadily for two months as many employers, struggling to fill jobs, have held onto their employees. Two weeks ago, jobless claims reached their lowest level since March 2020.

Joliet Township High School District 204, which has two main campuses, is testing about 1,300 of its 6,800 students, with mandatory testing for student-athletes and kids participating in certain activities, such as band or choir, said Chris Olson, director of human resources. The district began testing summer school students months ago, and its fall students Sept. 7, which was its fourth week of school.

Communities United and the Chicago Flats Initiative youth organizer Anton Charles, left, and canvassers Jaslani Rosado and Jasmine Roach, right, distribute rent and home owner information through Chicago’s Belmont Cragin neighborhood on Sept. 14, 2021. (Chris Sweda / Chicago Tribune)