Samantha Bomkamp – Page 5

Palatine condo owners sue over planned sale, deconversion to apartments

December 14, 2018 at 10:22 a.m.

A group of condominium owners in Palatine has filed a lawsuit against the association's three-member board, alleging that the board accepted a sale offer far below what the residences were...

Still haven’t filed your taxes? Here’s how to maximize your refund and keep your data safe

June 20, 2019 at 10:51 a.m.

Good news for tax procrastinators: You have a little more time than you think to file your federal income tax forms. Tax day this year is on Tuesday, April 17...

Lucas Strom farms 600 acres of corn and soybeans in Kane County. In Illinois, growers of soybeans, the state's largest agricultural export, would feel the pain of China's latest round of proposed tariffs most acutely.

‘L’ cars, whiskey, soybeans and more: Illinois products could be socked by Chinese tariffs as trade dispute escalates

December 14, 2018 at 10:16 a.m.

In an escalating trade dispute with President Donald Trump, China on Wednesday proposed an additional round of tariffs on $50 billion worth of U.S. exports, a move that could affect...

Master Technician Tri Trang fixes the automatic sliding door on a minivan at Grossinger Honda in West Rogers Park on August 21, 2017. Grossinger Auto Group, the oldest family-operated dealership chain in Illinois, is being acquired by AutoCanada.

Grossinger Auto Group sells 9 Illinois dealerships to Canadian company for $86 million

December 14, 2018 at 5:03 p.m.

Grossinger Auto Group, the oldest family-operated dealership chain in Illinois, is being acquired by one of Canada’s largest car dealers. AutoCanada said Thursday it has agreed to pay $86 million...

Federal Reserve Chairman Jerome Powell speaks at a news conference in Washington, D.C., on March 21, 2018, when the Fed announced an expected quarter-point increase in interest rates.

The economy is good, wages are rising, and the Fed is hiking interest rates. It’s going to get more expensive to borrow money.

December 14, 2018 at 4:58 p.m.

Americans are taking on more debt, and they’re soon going to be paying more for it. The Federal Reserve on Wednesday raised its benchmark interest rate, citing an improving economy,...

<p>Eric Lefkofsky, left, CEO of Tempus, shakes hands with Mayor Rahm Emanuel and Tim Killeen, president of the University of Illinois, before speaking about plans for the Discovery Partners Institute, a public-private innovation to be run by the University of Illinois system.

Tempus, Eric Lefkofsky’s cancer-fighting tech firm, gets $80M in new funding, achieves ‘unicorn’ status

December 14, 2018 at 4:52 p.m.

Tempus, a Chicago-based technology company that uses data to help personalize cancer care and improve its efficiency, said Tuesday it has received $80 million in funding from a group of...

For the first time, the University of Chicago's Booth School of Business has been named the nation's top business school by U.S. News & World Report, which released its annual rankings on March 20, 2018.

University of Chicago’s Booth school tops U.S. News list of best MBA programs for first time

December 14, 2018 at 4:40 p.m.

The University of Chicago's Booth School of Business has tied for first place in U.S. News & World Report’s annual ranking of the country’s best full-time master's degree programs in...

The president and manager of a car wash that was under contract to wash city vehicles have been charged with defrauding Chicago of more than $900,000 by allegedly using suppliers that didn't comply with minority business requirements.

Chicago car wash operators charged with defrauding city in minority business pass-through scheme

December 14, 2018 at 4:37 p.m.

The president and manager of a car wash that was under contract to wash city vehicles have been charged with defrauding Chicago of more than $900,000 by allegedly using suppliers...

When stores close abruptly, there are ways to recoup money you may have already spent. Here, a shopper heads into the flagship location of Sports Authority south of downtown Denver on June 17, 2016.

A business took your money. Then it shut down without warning. Now what?

December 14, 2018 at 4:14 p.m.

Consider this frustrating scenario: A business closes abruptly. You paid in advance for its services, but you haven’t been able to reach the company to ask for a refund. It’s...

Caterpillar is considering closing the Progress Rail plant in McCook, putting 600 full-time positions in jeopardy.

Caterpillar unit Progress Rail mulls plant closure that would mean loss of 600 jobs

December 14, 2018 at 3:50 p.m.

Progress Rail, a rail car maker owned by Caterpillar, said Wednesday it is considering the closure of its engine manufacturing center near La Grange, which could mean the loss of...

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