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Chinese delegates focus on small business

By Hallie Busta Chinese business executives and government officials are looking to set up shop in the Midwest, China’s Commerce Minister Chen Deming said in a speech Friday in Chicago. Calling the region a window of opportunity for Chinese investment, Chen announced a new focus on partnerships with U.S. small and medium enterprises at the U.S.-China […]

China’s growth brings opportunities, concerns

By Hallie Busta — Chinese and American business executives will do more than shake hands when the visiting state’s delegation wraps up this week’s official visit with a stop in Chicago. A number will be signing off on business deals intended to nurture an economic partnership between the two global powers, observers said. Earlier this […]

Small businesses brace for higher income tax rates

The 67 percent income tax hike that Illinois lawmakers approved last night to address the state’s financial crisis will cause small businesses pain but probably won’t spur them to leave the state or do business differently, observers said. By increasing the personal income tax rate to 5 percent from 3 percent and the corporate income tax […]

With closing of Crate and Barrel, plaza merchants concerned

 By Hallie Busta — Crate and Barrel will close its anchor location at the Plaza del Lago in Wilmette Jan. 30, the company said in an email announcement. The location opened more than 40 years ago as the company’s second store and its first in the Chicago area to sell furniture. Company representatives could not […]

Giant Greenbuild expo beckons smaller players

Small companies with environmental products or services were among 27 employers participating in a a “green” jobs fair that attracted 500 Chicago-area job seekers to McCormick Place Nov. 16. The jobs fair was hosted by the U.S. Green Building Council in conjunction with the BlueGreen Alliance and the city of Chicago. While  applicants lined up 12 deep to […]