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Business Stories from June 27, 2022

Asian shares track Wall St drop as inflation fears drag on

By ELAINE KURTENBACH
Jun 29, 2022 7:00 AM - Shares have retreated in Asia after another broad decline on Wall Street as markets remain gripped by uncertainty over inflation, rising interest rates and the potential for a recession
Grains higher, Livestock mixed

The Associated Press
Jun 28, 2022 2:39 PM - Wheat for Jul. gained 17.25 cents at $9.2125 a bushel; Jul. corn rose 15.25 cents at $7.5950 a bushel, Jul. oats was up 10.75 cents $6.19 a bushel; while Jul. soybeans advanced 33.25 cents at $16.6375 a bushel. Beef was mixed and pork was lower on the Chicago Mercantile Exchange. Jun. live cattle was up .05 cent at $1.3630 higher a pound; Aug. feeder cattle fell 2.30 cents at $1.7182 a pound; while Jul. lean hogs was off .25 cent at $1.0992 a pound.
Old Elk Grove office complex to make way for big trucking center

By Christopher Placek
Jun 28, 2022 1:28 PM - A 1980s-era business campus of eight single-story brick buildings are set to be demolished to make way for a much larger logistics and trucking center in Elk Grove Village.
Grains higher, Livestock mixed

The Associated Press
Jun 28, 2022 10:09 AM - CHICAGO (AP) - Grain futures were higher Monday in early trading on the Chicago Board of Trade. Wheat for Jul. was up 5.25 cents at $9.3050 a bushel; May corn gained 18 cents at $7.5750 a bushel; Jul. oats rose 14 cents at $6.26 a bushel; while Jul. advanced 27.25 cents at 16.5350 a bushel. Beef was mixed and pork was lower on the Chicago Mercantile Exchange.
MC Machinery Systems Promotes Mary Bopp to Marketing Supervisor

Jennifer Wezensky
Jun 28, 2022 9:35 AM - Mary Bopp has been promoted to marketing supervisor at MC Machinery Systems, a premier supplier and servicer of fabrication and milling equipment headquartered in Elk Grove Village, Ill.
4th of July Fireworks may affect Veteran neighbors

Submitted by Matthew Moeller
Jun 28, 2022 9:31 AM - Oscar Solis, Jr. is a retired U.S. Marine who doesn't like celebrating the Fourth of July.
Instagram and Facebook remove posts offering abortion pills

By AMANDA SEITZ
Jun 27, 2022 9:00 PM - Facebook and Instagram have begun promptly removing posts that offer abortion pills to women who may not be able to access them following a Supreme Court decision that stripped away constitutional protections for the procedure
City, state representatives call for complete removal of coal ash from Waukegan power plant

BY JENNY WHIDDEN
Jun 27, 2022 5:57 PM - Local and state representatives doubled down this week on calls for the complete removal of coal ash from the site of a Waukegan power plant that recently shut down its coal-fired units.
Frontier and Spirit stocks fall heading into key merger vote

By The Associated Press
Jun 27, 2022 5:51 PM - Shares of Frontier Airlines and Spirit Airlines have tumbled just days ahead of a crucial shareholder vote on their proposed merger
Company buying Trump's social media app faces subpoenas

The Associated Press
Jun 27, 2022 4:55 PM - The company planning to buy Donald Trump's new social media business disclosed Monday that it has received subpoenas from a federal grand jury in New York

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