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Life Time Fitness Plans and Proposal Announced for Hackney’s Lake Zurich Site

Life Time Fitness, headquartered in Chanhassen, Minnesota, has approached the village of Lake Zurich about building a high-end 24-hour resort-like fitness center at 880 North Old Rand Road, the former location of Hackney’s restaurant Lake Zurich. Life Time Fitness is proposing a three-story 24-hour health, athletic and recreation center with two outdoor pools with limited […]

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Posted in Biz, Healthy & Fit

Chain Nationwide Bridal Chain Alfred Angelo Abruptly Shuts Down

The bridal chain Alfred Angelo is closing down 62 locations across the country after taking some customer’s money and without giving notice to future brides. Alfred Angelo closed all of its 62 bridal stores at the end of operating hours Thursday night July 13, 2017 after failing to find a buyer to allow the company […]

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Posted in Biz

As Facebook Bans Users, Businesses or Features with Abuse of Monopoly Power, It Will Trigger Serious Anti-Trust Regulatory Control

When Facebook behaves badly, it is more likely to face an increasing amount of scrutiny from the Federal Trade Commision. When a business gets big, it can also trigger government antitrust scrutiny even without any evidence of bad conduct. This week Facebook got big. It reached 2 billion members in its worldwide community. Although not […]

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Posted in Biz

Amazon to Buy Whole Foods for $13.7 Billion; Bets on Physical Stores and Food Business

FBN’s Stuart Varney and Liz MacDonald on Amazon’s deal to buy Whole Foods. Online giant Amazon.com announced Friday, June 16, 2017 that is buying organic grocery chain Whole Foods (WFM) for $13.7 billion in cash. Click stock charts to go direct to stock on Yahoo! FINANCE … Amazon (AMZN, Tech30) said Whole Foods stores will […]

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Posted in Biz, Food

Shakou Arlington Heights Grand Opening Coming Next Weekend, Soft Opening Now

Shakou Arlington Heights, a “high-end, urban-style” Asian restaurant, plans to hold its grand open this upcoming weekend June 16-18, 2017 at 70 North Vail Avenue at the southeast corner of Vail Avenue and Davis Street/Wing Street in downtown Arlington Heights. There is a soft opening this week with the restaurant operating at its normal hours […]

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Posted in Dining +, New Business Watch

Former Apple CEO John Sculley Talks Apple and Competition on Eve of Apple’s Worldwide Developer Conference

As Apple’s Worldwide Developers Conference kicks off, former CEO John Sculley discussed the future trends in technology and what advice he has for current CEO Tim Cook. NOTE: Apple introduced HomePod, an Amazon Echo competitor, based on Siri for $349, and updated its iMac, MacBook, and iPads. Apple also previewed iOS 11 (official release Fall […]

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Posted in Biz

Dirty Jobs Host Mike Rowe: Learning a Skill in Demand Negates Minimum Wage Debate

‘Dirty Jobs’ host Mike Rowe gives his take on protests against McDonald’s wages, robots and automation, the need to learn a skill and how they impact the debate over wages. Is automation about to take over minimum wage jobs. Yes, but Mike Rowe says that learning a skill that is actually in demand, negates the […]

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Posted in Biz

ABC 7 I-Team: Buying Concert Tickets Often ‘Rigged Game’ Costing Fans 3 Times More

Buying concert tickets can cost fans double or triple the cost due to industry practices and third-party services that can jack up the costs, according to ABC 7 I-Team’s Jason Knowles and Ann Pistone. The I-Team found a consumer that paid $430 for a ticket that only cost $85. The consumer didn’t realize he purchased […]

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Posted in Biz

Realtors: Most Illinois Homes Worth Less Than Value 10 Years Ago; Lake County Median $216K from $261K

A large majority of Illinois’ homeowners are living in homes still not worth their pre-recession values, according to an article in the Illinois News Network — an independent project of the Illinois Policy Institute. A number of real estate agents blame high property taxes. Lake County realtor Lynn Fairfield (bestlakecountyhomes.com) says she hears about home […]

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Posted in Real Estate

RE/MAX Suburban, Arlington Heights, and Many of Its Brokers Honored for 2016 Sales Success

CHICAGO, May 9, 2017 – RE/MAX Suburban, 1808 N. Arlington Heights Road, Arlington Heights, Ill., and many of its broker affiliates recently received special recognition from the RE/MAX Northern Illinois region for their sales achievements in 2016. RE/MAX Suburban ended the year having completed 4,463 sales transactions representing closed sales of more than $1.23 billion, […]

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Posted in Biz, Real Estate

NASDAQ Breaks 6,000 Mark Tuesday April 25, 2017

The NASDAQ Composite topped the 6,000 mark in Tuesday morning April 25, 2017. The new record trading record occurred with strong earnings reports and relief on Wall Street that France seems likely to elect a moderate president that will stay in the European Union. The tech-heavy NASDAQ’s 0.5 percent rise in early trading is part […]

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Posted in Biz

Google Co-Founder Larry Page Shows off Crazy ‘Flying Car’ Kitty Hawk

Backed by Google co-founder Larry Page, the Kitty Hawk Flyer travels over fresh water, and you don’t need a pilot’s license to fly one. Kitty Hawk, a startup backed by the Google cofounder, unveiled its prototype for an “ultralight” aircraft that can take off vertically — as long as you’re flying over open water. In […]

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Posted in Biz

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