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News digest: Groupon makes waves, snow day policies, new domain suffixes

Groupon takes a chance on prime time. Chicago-based Groupon raised eyebrows with a series of Super Bowl commercials that proved controversial. The company ended up yanking the ads Monday afternoon, NBC news reported in its Local Beat feature. The “Save the Money” series ads were meant as spoofs on celebrity public service announcements, the company […]

Five strategies for growing your business in a slow economy

By Jenny Schade, Guest Columnist The recession is over, but many small businesses continue to struggle to get back on their feet.  High unemployment rates and restricted cash flow have delayed their rebound, leading many to ask, “When is the economic recovery going to hit here?” Don’t wait for the economic recovery to knock on […]

News digest: Economy picks up, health reform sticks, 1099 measure repealed

Health care reform stands, while Senate repeals 1099 provision. The Senate defended health care reform Wednesday, averting a repeal while voting to remove a provision in the Patient Protection and Affordable Care Act that would require small businesses to file a 1099 tax form for every purchase of more than $600, the New York Times […]

Chicago’s sweet tooth keeps cupcake retailers in business

By Hallie Busta — Consumers may have cut back on spending during the recession, but they weren’t necessarily skipping dessert. Out of that indulgence emerged a growing appetite for cupcakes in the Chicago area, experts said. Red velvet, key lime, chocolate mint, apple cobbler and tiramisu. The combinations seem as endless as the businesses serving […]

News digest: White House unleashes entrepreneurial spirit, but what about Chicago?

 White House backs startups but ignores Chicago. The White House launched “Startup America” Monday to  support more entrepreneurial ventures and homegrown innovation, according to a White House release.  As part of the initiative, President Barack Obama said he would propose to Congress a permanent capital gains tax exclusion for some small business investments, The Wall Street Journal […]