Starbuck Loses Trademark Lawsuit

In a legal case of David and Goliath, a small NH coffee shop has prevailed over a trademark infringement lawsuit filed against them by corporate giant Starbucks. Jim and Annie Clark own and operate the Black Bear Micro Roastery, located in Tuftonboro, NH. One of the coffee blends offered to their customers is called “Charbucks.” […]

The Confusion Regarding Corporate Tax Payments in Illinois

At the end of January, Illinois Speaker of the House Michael Madigan submitted a proposal aimed at cutting the corporate income tax in half. This move has been viewed somewhat pessimistically because three years before, Madigan was responsible for substantially increasing the income tax rate for Illinois companies. However, over the past year, Madigan has […]

504 Loans Offer Alternative Sources of Financing for Illinois Businesses

New relief is coming to small business owners in Illinois who are looking for inexpensive, high-quality financing from lenders they can trust. This year the Regional Development Company (“RDC”), a highly respected regional community development organization, will be extending its reach into Illinois. What is the RDC? The RDC is a federally certified business development […]

“Small Businesses of the Year” honored by Naperville Chamber

Small businesses are becoming a larger and larger part of our economy, especially here in Illinois. Recently, the Naperville Area Chamber of Commerce hosted the 16th annual Small Businesses of the Year (SBY) Award Dinner. The dinner was held at the Wyndham Lisle-Chicago Hotel & Executive Meeting Center. The Master of Ceremonies position was held […]

Pawn Shops Fined For Violating City Ordinance

For at least the past six years, the city of Aurora has been trying to stop the pawning  of stolen goods. In 2007, the City Council passed an ordinance on scrap and pawn shop businesses to try and put a stop to these practices. According to the ordinance—which currently governs 92 businesses in the area—brokers […]

Future Merger Possible Between OfficeMax and Office Depot

The Chicago Tribune has reported that a possible merger between U.S. office supply chains Office Depot Inc., which is based in Boca Raton, Florida and OfficeMax Inc., which is based in Naperville. While neither company has confirmed or denied the potential merger report, a top shareholder of OfficeMax, Neuberger Berman, indicated that it could support […]

Why make an estate plan?

Estate plans are a way to provide protection to your family. Estate plans protect families after a member passes away. They can ensure that the family can continue to live in the same lifestyle as they have become accustomed to. Four key areas of planning an estate are: Protecting your spouse Protecting non-spouse beneficiaries Preserving […]

Hewlett-Packard Co. Blames Losses on Autonomy

The Wall Street Journal is reporting that for the second quarter in a row, California-based Hewlett-Packard (H-P) has reported a multibillion-dollar write-down, this time totaling $8.8 billion related to its acquisition of software company Autonomy just over a year ago. H-P posted a nearly $7 billion loss this quarter, and blamed its loss largely on […]

171,000 Increase in Jobs for October

Employers stepped up their game in October as far as hiring goes, adding 171,000 people to their payrolls, according to the Labor Department. Also, 84,000 more new jobs were created in August and September than was originally expected. These positive news regarding unemployment also mean a lot of employment contracts and possible business deals being […]

Job Prospects Down in Chicago

The Chicago Tribune reports that this Christmas may be a glum one for Chicago area workers. According to the Chicago Tribune, 1,700 jobs across several companies will be cut out within the next two months. With various employment sectors and heavy hitters such as Sears, American Airlines and Saks Fifth Avenue impacted, from the airline […]