Browsing: Business
American, Microsoft’s M12, Honeywell, Rolls-Royce and others will take stakes in Vertical through private investment in public equity, or PIPE transactions. Another investor, Irish aircraft leasing company Avolon, said Thursday that it placed a $2 billion conditional order for up to 500 Vertical aircraft.
Katelyn Williams, 24, shops for a birthday card while wearing a mask at Penelope’s on June 10, 2021, in Chicago. On Friday Penelope’s, a Wicker Park boutique, plans to stop requiring vaccinated people wear masks in the store and recently stopped quarantining clothes customers tried on before putting them back out on the sales floor. But the store will keep offering curbside pickup and private shopping appointments. (Armando L. Sanchez / Chicago Tribune)
South LaSalle Street, photographed from the fourth floor of the Chicago Board of Trade building, is seen Feb. 22, 2018, in Chicago. Workers on some Tuesdays this summer and fall will be able to eat lunch on the street in front of the Board of Trade building at the southern end of the LaSalle Street canyon, the city announced June 10, 2021. (John J. Kim / Chicago Tribune)
Amazon has Fresh stores in just California, Virginia and Illinois, with one opening soon in Washington, according to Amazon. In Illinois, the first Fresh store opened in Naperville on Dec. 10, 2020, followed by stores in Oak Lawn, Bloomingdale and Schaumburg.
Read your June horoscope to reveal what’s in store for you, from the astrologers at Tarot.com. With the Solar Eclipse in Gemini on June 10, there’s definitely a sense of new ideas waiting to be born in our lives. Less fortunately, Mercury will be retrograde during this eclipse, forcing us to remain in an uncertain incubation period for a little while longer. On June 22, Mercury turns direct and we’ll start to get some of the clarity we need to flesh out our plans and move forward with them. — By Tarot.com Astrologers Reveal the things that are unique to your sign with a FREE Birth Chart from Tarot.com
Read your June horoscope to reveal what’s in store for you, from the astrologers at Tarot.com. With the Solar Eclipse in Gemini on June 10, there’s definitely a sense of new ideas waiting to be born in our lives. Less fortunately, Mercury will be retrograde during this eclipse, forcing us to remain in an uncertain incubation period for a little while longer. On June 22, Mercury turns direct and we’ll start to get some of the clarity we need to flesh out our plans and move forward with them. — By Tarot.com Astrologers Reveal the things that are unique to your sign with a FREE Birth Chart from Tarot.com
Shin Kim, manager of Chicago Cleaners in the Noble Square neighborhood, said that while more customers are starting to drop in with clothing for special events — suits, dresses, tuxedos — the overall volume of clothing he’s cleaning is way down thanks to a lack of day-to-day items like dress pants and dress shirts.
The increased consumer appetite is bumping up against a shortage of components, from lumber and steel to chemicals and semiconductors, that supply such key products as autos and computer equipment, all of which has forced up prices. And as consumers increasingly venture away from home, demand has spread from manufactured goods to services — airline fares, for example, along with restaurant meals and hotel prices — raising inflation in those areas, too.
Others named include Chris Henchy, the co-founder of the comedy video company known as “Funny or Die”; Larry Irving, a partner at ZMC; Brad Jenkins, the CEO of Enfranchisement Productions; and Laura Kennedy, the CEO of the Avalon Group, a powerful talent agency and producer whose shows include “Last Week Tonight with Jon Oliver.”
Jobless claims fell by 9,000 to 376,000 from 385,000 the week before, the Labor Department reported Thursday. The number of people signing up for benefits exceeded 900,000 in early January and has fallen more or less steadily ever since. Still, claims are high by historic standards. Before the pandemic brought economic activity to a near-standstill in March 2020, weekly applications were regularly coming in below 220,000.