AGP Executive Report
Last update: an hour agoCard-Fee Fight: Merchants and financial-industry groups are challenging Illinois’ credit-card swipe-fee law in federal court, escalating a dispute over the costs businesses pay to process transactions. Hemp Businesses: Illinois’ new restrictions on hemp-derived THC products are taking effect, prompting companies to clear inventory and warning of closures and job losses. Chicago Jobs: Ferrara plans to close its Little Village plant and cut more than 150 jobs; Panduit is also cutting 162 workers as DeKalb warehouse work shifts to Indiana. Bears Stadium: Developers have pitched a $10 billion Bronzeville project, including a new stadium, as a way to keep the team in Chicago. Retail and Investment: A 12-year Planet Fitness lease brings Chicago Heights’ Olympia Plaza to about 95% occupancy. Illinois Industry: Metals recycler EverMetal, which owns Belvidere-based CAI Custom Alloys, acquired a U.K. specialty-metals recycler, expanding its transatlantic business.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.