Business Stories from May 16, 2022
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Rebuffed by Spirit, JetBlue goes hostile in takeover bid
May 16, 2022 3:57 PM - JetBlue is going hostile in its bid for Spirit Airlines
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Dog-friendly restaurant, 2 other businesses proposed for Arboretum of South BarringtonMay 16, 2022 3:36 PM - The Arboretum of South Barrington may soon have a dog-friendly restaurant, a new axe-throwing operation and a cigar lounge as tenants.
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JetBlue, Vulcan Materials fall; Carvana, ManTech rise
May 16, 2022 3:11 PM - Stocks that traded heavily or had substantial price changes Monday: JetBlue, Vulcan Materials fall; Carvana, ManTech rise
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A Bezos-Biden squabble: Can corporate taxes tame inflation?
May 16, 2022 3:05 PM - Jeff Bezos this weekend became the latest centibillionaire to launch a political fight on Twitter by denouncing a tweet by President Joe Biden about corporate taxes as 'disinformation' and 'misdirection.'
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Grains higher, Livestock mixed
May 16, 2022 3:04 PM - Wheat for Jul. advanced 70 cents at $12.4750 a bushel; Jul. corn gained 28.25 cents at $8.0950 a bushel, Jul. oats rose 21.75 cents at $6.3950 a bushel; while May soybeans was up 10 cents at $16.5650 a bushel. Beef was mixed and pork was higher on the Chicago Mercantile Exchange. Jun. live cattle was up 1.10 cents at $1.3317 a pound; May feeder cattle was off .47 cent at $1.5740 a pound; while May lean hogs rose 3.07 cents at $1.0382 a pound.
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US Foods expands it store networkMay 16, 2022 2:44 PM - Rosemont-based US Foods Holding Corp. Monday said it plans to open a new US Foods CHEF'STORE in Spartanburg, South Carolina.
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Weber reports decrease in salesMay 16, 2022 2:38 PM - Palatine-based Weber Inc., a maker of barbecue grills and other grilling products, Monday announced financial results for its fiscal second quarter, including net sales of $607 million and a net loss of $51 million.
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Closing prices for crude oil, gold and other commodities
May 16, 2022 2:13 PM - Closing prices for crude oil, gold and other commodities, and foreign exchange levels
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Passenger, cargo trains collide in Spain; 1 killed, 85 hurt
May 16, 2022 2:02 PM - A cargo train has smashed into a rush-hour passenger train in Catalonia, killing an engineer and injuring 85 people
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St. Charles hot sauce business owners win 'Small Business Person of the Year' award
May 16, 2022 1:25 PM - Chris and Mary Ginder's company Gindo's Spice of Life in St. Charles creates hot sauces. But for those who think it's all about the heat, they want people to know that it's so much more.
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