business

Business
7:22 am
Fri November 28, 2014

Small Business Owners Hope Shoppers Rally For 'Small Business Saturday'

Small business owners are hoping shoppers aren’t too fatigued to participate in Small Business Saturday. The retail day was a promotion started by American Express in 2010, and it’s made modest growth since. Teresa Kirschbraun is the owner of City Lit Books in Chicago’s Logan Square neighborhood. She says sales definitely increased during Small Business Saturdays in the past. 

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Education
8:02 am
Wed November 12, 2014

Legislation Could Help Veteran, Minority Business In Illinois Colleges

Credit Illinois Board of Higher Education

New legislation could help give veterans a leg up in securing a contract with an Illinois university or college. 

The measure does not put restrictions on the vendors universities can choose. But it does require they report how much they spend on veteran owned businesses, as well as those run by minorities and women.

Dan Johnson, who represents the Federation of Women Contractors, says many institutions already have diversity goals for their procurement programs.

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Politics
6:23 am
Mon October 6, 2014

Gov. Quinn Brings High-Profile Supporters Into Minimum Wage Campaign

Martin Sheen, "The West Wing"
Credit IMDb.com

This week, Michelle Obama and Gloria Steinem are scheduled to campaign for Illinois Governor Pat Quinn. But over the weekend, actor Martin Sheen lent a hand.

According to the trade magazine "Variety," Sheen made as much as 300-thousand dollars an episode for his role as Democratic Pres. Jeb Bartlet in the show "West Wing." He says he was paid nothing fundraise for Quinn and call for an increase in minimum wage.

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DeKalb
6:41 am
Wed October 1, 2014

Large Businesses That Come To DeKalb Will Still Receive Tax Breaks

Credit Simon Cunningham, licensed under CC BY 2.0 / lendingmemo.com

Big companies will continue to receive a tax break for moving to DeKalb after the city agreed to extend a tax agreement through next year. It provides incentives for large businesses that come to or expand in DeKalb as long as they follow certain criteria on building size, jobs and wages.

The Daily Chronicle reports the tax abatement has been critical in attracting more than 1,200 new jobs and millions of dollars in revenue since 2006. Local officials expect state designations to be awarded by next year and go into effect in 2016.

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Business
9:56 am
Tue July 31, 2012

Simon says today is ‘The Onion Day’

Lt. Gov. Sheila Simon
iilinois.gov

Praising The Onion for uniting its business and editorial operations in Chicago, Lt. Gov. Sheila Simon has declared today “The Onion Day” to celebrate the digital media company’s consolidation of its headquarters in Illinois.

Formerly based in Madison, Wis., with its editorial staff headquartered in New York City, The Onion consolidated its media operations in Chicago this month, which will include a new studio for digital video production.

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-Illinois
10:47 am
Mon July 9, 2012

Grafton carp-plant project gets $1.9 million state boost

Developers of an Asian carp-processing plant in the Mississippi River town of Grafton are getting $1.9 million in help from the Illinois Department of Commerce and Economic Opportunity for the project.

That includes a $1.4 million low-interest loan to American Heartland Fish Products, with the remaining money for infrastructure improvements related to the plant.

Grafton, with about 700 residents, is located about 40 miles northeast of St. Louis.