Business

0 Business Morgan Li, a south suburban furnishing and graphic business, was designated one of 50 quickly growing companies in the Chicago area. Eileen O'Gorman , Patch Staff Posted Reply CHICAGO HEIGHTS, IL — A Chicago Heights furniture and graphics business has been included in Crain's Chicago Business's Fast 50, a list of the 50 fastest growing companies in the Chicago area. This is Morgan Li's fourth year making the list, officials said. The custom furniture, light fixture and graphic maker had to submit financial documents for Crain's to review before deciding on the top 50 companies. This year, almost 150 companies applied for consideration in the list. "After the challenges that we and many others faced in 2020, it's an honor to rejoin the ranks of Chicagoland's fastest-growing organizations," said Jonathan Rosenband, President of Morgan Li, in a statemtent. "As one of the 50 finalists and one of the only manufacturers … [Read more...] about Chicago Heights Business Makes Crain’s ‘Fast 50’ List Of Companies

2 Business "It took 100 years for Black people to be part of this industry," Charles Alexander said of the Black Bread Company. CBS Chicago , News Partner Posted Replies By Audrina Bigos, CBS Chicago : CHICAGO (CBS) — Some businesses are about more than making money -- they're about giving back to the communities. That's the case with the first-ever Black-owned slice bread company that was started by a group of friends from right here in Chicago. Read more at CBS Chicago Thank Reply Share First Black Owned Bread Company Started By 3 Kenwood Academy Graduates Giving Back To South Side Community The rules of replying: Be respectful. Be transparent. Keep it local and relevant. Review the Patch Community Guidelines. Reply to this article Reply Replies ( Show previous 2 replies More from … [Read more...] about First Black Owned Bread Company Started By 3 Kenwood Academy Graduates Giving Back To South Side Community

NEW YORK (AP) — The company planning to buy Donald Trump’s new social media business disclosed Monday that it has received subpoenas from a grand jury in New York. Shares of Digital World Acquisition Corp. dropped 7% in morning trading Monday as the company reported that the subpoenas and related investigations by the Department of Justice and the Securities and Exchange Commission could delay its acquisition of the maker of Trump's Truth Social app. Trump’s social media venture launched in February as he seeks a new digital stage to rally his supporters and fight Big Tech limits on speech, a year after he was banned from Twitter, Facebook and YouTube. The Trump Media & Technology Group — which operates the app and was in the process of being acquired by “blank-check” firm Digital World — said in a statement that it will cooperate with "oversight that supports the SEC’s important mission of protecting retail investors.” Digital World said in a regulatory filing Monday … [Read more...] about Company buying Trump’s social media app faces subpoenas

New York/London (CNN Business) Russia has defaulted on its foreign debt for the first time since the Bolshevik revolution more than a century ago. Following reports that Moscow had failed to pay about $100 million in interest on two bonds during a 30-day grace period that expired Sunday, the White House said the default showed the power of Western sanctions imposed on Russia since it invaded Ukraine. "This morning's news around the finding of Russia's default, for the first time in more than a century, situates just how strong the reactions are that the US, along with allies and partners, have taken, as well as how dramatic the impact has been on Russia's economy," a senior administration official said on the sidelines of a G7 summit in Germany. Russia denied it was in default, saying the payments had been made, in dollars and euros, on May 27 and the money was stuck with Euroclear, a settlement house based in Belgium. The historic default … [Read more...] about West pushes Russia into its first foreign debt default since 1918

This is a carousel. Use Next and Previous buttons to navigate 3 Celebrity birthdays for the week of July 3-9: July 3: Actor Michael Cole (“The Mod Squad”) is 82. Singer Judith Durham of The Seekers is 79. Actor Kurtwood Smith (“That 70s Show”) is 79. Country singer Johnny Lee is 76. Writer Dave Barry is 75. Actor Betty Buckley is 75. Actor Jan Smithers (“WKRP In Cincinnati”) is 73. Actor Bruce Altman (“Blue Bloods”) is 67. Talk show host Montel Williams is 66. Country singer Aaron Tippin is 64. Synthesizer player Vince Clarke of Erasure is 62. Actor Tom Cruise is 60. Actor Thomas Gibson (“Criminal Minds,” ″Dharma and Greg”) is 60. Actor Hunter Tylo is 60. Actor Connie Nielsen (“Gladiator”) is 58. Actor Yeardley Smith (“The Simpsons”) is 58. TV chef Sandra Lee is 56. Singer Ishmael “Butterfly” Butler of Digable Planets is 53. Keyboardist-guitarist Kevin Hearn of Barenaked Ladies is 53. Actor Shawnee Smith (“Saw,” ″Becker”) is 53. Actor-singer Audra … [Read more...] about Celebrity birthdays for the week of July 3-9

ROME (AP) — Leonardo Del Vecchio, who founded eyewear empire Luxottica in a trailer and turned an everyday object into a global fashion item, becoming one of Italy's richest men in the process, died on Monday, Italian authorities said. He was 87. Luca Zaia, the governor of Veneto, the northeast region where Del Vecchio started his business in a trailer in an Alpine valley town, hailed Del Vecchio as one of the “entrepreneurs of greatest success in all the world.” Italian media said Del Vecchio died in a Milan hospital. No cause of death was cited. From a start in a Milan orphanage, Del Vecchio went on to become one of Italy’s richest industrialists. Globalizing fashion eyeglasses, Luxottica now makes must-have frames for dozens of stellar fashion names, including Armani, Burberry and Chanel,. On Forbes' list of richest persons, Del Vecchio and his family was ranked last year at No. 60, with $24.5 billion. Del Vecchio's father sold vegetables on the streets of Milan but … [Read more...] about Leonardo Del Vecchio, founded Luxottica eyewear empire, dies

Rita Chatterton (center) said Vince McMahon told her that if she “wanted a half-a-million-dollar-a-year contract,” she would have “to satisfy him.” Photo: Courtesy the International Professional Wrestling Hall of Fame On August 28, 2021, Rita Chatterton, a sandy-haired 64-year-old woman, stood at a podium in Albany to receive a “Trailblazer Award” from the International Professional Wrestling Hall of Fame. The Hall of Fame was the brainchild of a wrestling fan named Seth Turner, who wanted to honor Chatterton for being the World Wrestling Federation’s first female referee. “Seth calls me and says, ‘Rita, I need you to do the Hall of Fame with me,’” Chatterton recalls. At first she refused; she didn’t want to revisit her time with the WWF, now known as WWE. But Turner finally convinced her, and she was ultimately glad she did it. “I always said I don’t want to live and die and be forgotten,” she told him. Chatterton has been forgotten before. In 1992, she came forward publicly … [Read more...] about She Was WWE’s First Female Referee. She Says Vince McMahon Raped Her.

This is a carousel. Use Next and Previous buttons to navigate 15 NEW YORK (AP) — People with hearing loss have a new ally in their efforts to navigate the world: Captions that aren’t limited to their television screens and streaming services. The COVID pandemic disrupted daily life for people everywhere, but many of those with hearing loss took the resulting isolation especially hard. “When everyone wears a mask they are completely unintelligible to me,” said Pat Olken of Sharon, Massachusetts, whose hearing aids were insufficient. (A new cochlear implant has helped her a lot.) So when her grandson’s bar mitzvah was streamed on Zoom early in the pandemic, well before the service offered captions, Olken turned to Otter, an app created to transcribe business meetings. Reading along with the ceremony’s speakers made the app “a tremendous resource,” she said. People with … [Read more...] about Why captions are suddenly everywhere and how they got there

0 Politics & Government Manhattan School District 114 will ask voters June 28 whether they approve of the district issuing bonds up to $85 million for the project. TJ Kremer III , Patch Staff Posted Reply MANHATTAN, IL — Manhattan residents will be asked to vote on a proposed referendum for Manhattan School District 114 when they go to the polls for the June 28 primary election. The referendum in questions asks Manhattan residents: Shall the Board of Education of Manhattan School District Number 114, Will County, Illinois, improve the site of and build and equip a new school building and issue bonds of said School District to the amount of $85,000,000 for the purpose of paying the costs thereof? Manhattan SD114 currently has three schools: Anna McDonald School, Wilson Creek School and Manhattan Junior High. The proposed fourth school would house junior high students, as well as allow for projected future growth, … [Read more...] about Manhattan Referendum To Build 4th School: IL Primary 2022

0 Pets Plenty of adorable animals are up for adoption in the Chicago Heights area. Pet News , Patch Staff Posted Reply If you've been hoping to add a fluffy ball of love and affection to your family, you should check out these shelters in and around Chicago Heights for a pet up for adoption. About 6.5 million companion animals are surrendered or taken in each year by animal rescue organizations nationwide, according to the American Society for the Prevention of Cruelty to Animals. However, only around half of all shelter animals are adopted each year, according to ASPCA data. For those looking to adopt, a great place to start your search for a lovable new family member is at South Suburban Humane Society, where Crayon the cat is waiting patiently, or another local rescue facility. If you aren't sure if you have time to take care of a pet year round, many shelters also offer opportunities to foster pets until they are placed … [Read more...] about Chicago Heights Area Adoptable Pets: Dogs, Cats & More