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The Business Resource for Suburban Chicago
Friday, July 25, 2014 11:24 PM
  • Gallagher's global plan to insure its future
    Itasca-based Arthur J. Gallagher & Co., which started in 1927 as a family-owned firm and has since grown into a publicly traded company, has faced some tough economic and legal times. Yet it still moved ahead to establish operations in 24 countries and offer services in more than 140 countries through a network of correspondent brokers and consultants.
  • Entrepreneur takes chance on Lake Zurich waterfront
    LAKE ZURICH -- Bobby Razes saw more than a tired former restaurant on Old Rand Road near Lake Zurich's waterfront when it was put up for sale. He saw opportunity. Razes is renovating the former Eng's Tea House and renaming it Bobbers Bar and Grill.
  • Gallagher could get $30 million for Rolling Meadows move
    ROLLING MEADOWS -- Insurance broker Arthur J. Gallagher & Co. will receive up to $30 million from a tax increment financing district that lasts 15 years rather than the standard 23, but other details of the company's planned move back to Rolling Meadows remain under negotiation.
    
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  • Cook County is getting more than $4.7 million from the state for construction projects, including new roofs for buildings at area colleges.
    In a news release, Gov. Pat Quinn's office says the projects - funded by the governor's $31 billion Illinois Jobs Now! program - include physical education and library buildings at Northeastern Illinois University. 
  • NORTH CHICAGO - AbbVie Inc. on Friday reported profit that increased by 2.8 percent in its second quarter, and topped analysts’ expectations. The North Chicago, Illinois-based company said earnings increased to $1.1 billion, or 68 cents per share, from $1.07 billion, or 66 cents per share, in the same quarter a year earlier. 
  • TINLEY PARK - Hundreds of people attended the first Chicago Southwest Hospitality Expo Thursday at the Tinley Park Convention Center. The Daily Herald Business Ledger hosted the expo in an effort to highlight the hospitality industry and inform guests about what the area has to offer. 
  • ARLINGTON HEIGHTS - Two former suburban residents have returned to the area to snap up distressed properties, including the Metrolofts in downtown Arlington Heights for $3.89 million. And they plan to buy more. 
  • ELGIN - After grilling Grand Victoria Casino representatives on their long-term plans, Elgin City Council members agreed to lower the casino's lease payments. Starting Jan. 1, the casino would pay the city $1 million or 3 percent of the casino's net income, whichever is less, for the city-owned land it sits on. 
  • BARRINGTON - The retail development at Hough and Main streets in downtown Barrington is moving ahead, despite a fresh outburst of criticism, village officials said this week. The project involves two new one-story retail buildings on land that was bought by the village almost a decade ago. A private developer is responsible for operating the site and recruiting businesses to locate there. 
  • Even when he was growing up in Lake Zurich, Ryan Coon knew he had an entrepreneurial spirit. That entrepreneurial path has led Coon from the suburbs to Chicago and now Silicon Valley, where he is working to grow his online business Rentalutions into what he hopes will become the standard for the rental property industry.
     
  • Cindy Henning aspired to create that small town feel when opening her business, Sugar Mom Treats in downtown Western Springs. 
  • How is your stress-life? It seems like the number one area I am addressing in coaching today is the reduction of high levels of stress. As peak performing salespeople try to accomplish more in their work day, their stress level seems to increase exponentially. 
Chase employees pack meals for hungry families in Elgin
Roughly 250 Chase Bank employees in Elgin packed 30,000 meals for local families in need.
Chase employees pack meals for hungry families in Elgin
Roughly 250 Chase Bank employees in Elgin packed 30,000 meals for local families in need.
Mariano's CEO speaks to Schaumburg Business Association
Bob Mariano, CEO of the Mariano's grocery store chain, speaks at the Schaumburg Business Association's "Good Morning Schaumburg" program.
New Motorola technology
Motorola Solutions unveils new technology for first responders

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