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What's preventing Latino businesses from growing?

Published Wed, 26 Feb 2025 02:20:36 GMT

CHICAGO — Chicago’s small businesses have always been a big part of thriving neighborhoods. In the Little Village community, you can find a string of them generating millions of dollars each year.Now a group of investors is working to make sure many Latino-owned businesses have the ability to keep growing. Right now, Latinos own five million businesses across the country, but few are able to scale their companies and start-ups into multi-million dollar ventures.Angeles Investors was created to give many Hispanic start-ups the ability to acquire capital and grow their business.  David Olivencia is the CEO of Angeles Investors."If you look at our community -hard working, innovative, energetic," he said. "The grit that we put into the businesses, there’s an opportunity to make a definite return on investment.” Hispanic Heritage Month: Husband & wife bring taste of Bolivia to Aurora A recent Stanford University study found that “Latino owned businesses have lower approva...

Bensenville residents, village officials discuss planned development

Published Wed, 26 Feb 2025 02:20:36 GMT

BENSENVILLE, Ill. — At Tuesday night's Bensenville committee of the whole meeting, residents showed up to express their opposition of a new development.The new development is planned at County Line Road and Grand Avenue. Read more: Latest Chicago news headlines Chris McCullough said village leadership has referred to the proposed development as a gas station, but he said the village definition in the ordinance is a truck stop."The original proposal included a weight scale, diesel pumps, gas pumps, convenience store," McCullough said. The village president, Frank DeSimone, said a QuikTrip gas station, not a truck stop, will be going in. He had the real estate developer make those confirmations at the meeting. "There's no overnight parking, no showers, no liquor, no gaming," Andrew Smith, a real estate developer, said. He said they've been sympathetic to residents' concerns and have worked with the developers to guarantee that. "While the concessions are very good, it doesn't take a...

US-Iran prisoner swap unlikely to lower tensions

Published Wed, 26 Feb 2025 02:20:36 GMT

WASHINGTON (Nexstar) -- Five Americans landed safely in the United States early Tuesday, part of a prisoner swap with Iran that also unfroze nearly $6 billion in Iranian assets."I have no higher priority, the president has no higher priority than making sure that Americans who are unjustly detained anywhere can come home," US Secretary of State Antony Blinken said.But while the Biden Administration celebrated, Republicans like Sen. Mitch McConnell slammed the deal."Unfortunately, the deal that secured their released may very well be the latest example of president Biden rewarding and incentivizing Tehran's bad behavior," McConnell said.In fact, McConnell was critical of the administration's overall Iran strategy, which he said "emboldened the massive state sponsor of terror and would be nuclear arms aggressor."Blinken, though, said the administration is committed to getting Iran to return to the nuclear agreement -- which former President Trump ended."We continue to be determined to...

19-year-old man in critical condition after shooting in Wicker Park

Published Wed, 26 Feb 2025 02:20:36 GMT

CHICAGO — A 19-year-old man is in the hospital after he was shot while riding a scooter in Wicker Park, according to Chicago police. Officers say the shooting happened around 7 p.m. on Tuesday evening in the 1500 block of North Artesian Avenue.  Read more: Latest Chicago news headlines The man told police that he was in the area when he heard shots and felt pain. Officers say the man was taken to a local hospital in critical condition.Currently it is unclear what led to the shooting. Anyone with information on the shooting can leave a tip for police at CPDtip.com. Tips can be left anonymously.

Orioles win 4th straight, blast Astros, 9-5, behind homers from Austin Hays, Ryan O’Hearn and Heston Kjerstad

Published Wed, 26 Feb 2025 02:20:36 GMT

No player in the major leagues is more familiar with Camden Yards’ unnatural left field wall than Austin Hays.Playing in front of a different — but also strange — one Tuesday in Houston, Hays took advantage of Minute Maid Park’s shorter left field, blasting two home runs and leading the Orioles to a 9-5 victory.Baltimore’s bats combined for 10 hits and four homers for the club’s fourth straight win — a streak that has followed its four-game skid last week — to drop the Orioles’ magic number to win the American League East to eight.Hays’ first homer — a three-run shot in the third to give Baltimore a lead it wouldn’t relinquish — easily made it out to the short porch in left field. It wouldn’t have been a long ball at 14 MLB stadiums, including Camden Yards, which altered its dimensions last season by moving the left field wall back almost 30 feet and increasing its height by 5 feet.His second, though...

Kenta Maeda open to whatever postseason role Twins give him

Published Wed, 26 Feb 2025 02:20:36 GMT

CINCINNATI — Kenta Maeda said he didn’t feel perfect on Tuesday — his four-seam fastball, in particular, didn’t have the life he had wanted it to have. But the results were nearly perfect nonetheless.Maeda threw five innings on Tuesday, striking out eight batters and allowing just one hit — a double in the fourth inning — and a walk while picking up the win in the Twins’ 7-0 win over the Cincinnati Reds at Great American Ball Park.That came after an outing in Chicago in which Maeda gave up two runs across seven innings. The veteran starter has now won three straight games and has certainly been making a case to start a playoff game.The Twins, who are likely to clinch the American League Central DIvision title later this week, are expected to play in a best-of-three Wild Card Series in which Pablo López and Sonny Gray, in some order, would likely start the first two games.If the Twins opt to line up Joe Ryan for a potential Game 3, Maeda has plenty of experience coming out of t...

Still no 401(k) access for former South City Hospital employees

Published Wed, 26 Feb 2025 02:20:36 GMT

ST. LOUIS – Four weeks after we first met, Jonathan Howard still can’t access the money he contributed to his 401(k) account while working at South City Hospital.“Nobody can show us, ‘Ok, your money is here. Here’s the account number. Here’s a statement. This is what your account has,’” Howard said.Howard and hundreds of his colleagues abruptly lost their jobs at South City Hospital in early August. Since then, he says the hospital’s human resources department has provided employees with promises but no progress.“It’s been over six weeks since our last day and nothing’s changed. We’re still in the same financial situation with them,” he said.FOX 2 was included in an email Howard received on Sept. 13 from Rob Boyd, the Regional Chief Human Resources officer for South City Hospital and Gateway Medical Center in Granite City. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Daily News ...

St. Louis County Council approves Boeing tax break for expansion project

Published Wed, 26 Feb 2025 02:20:36 GMT

ST. LOUIS COUNTY, Mo. – Boeing is one step closer to a $2 billion expansion facility near St. Louis Lambert International Airport after the St. Louis County Council approved a multi-million dollar tax break.Groups speaking in favor of the Boeing expansion said it would bring 500 jobs to the region.Council members who spoke before Tuesday's vote said this has been a difficult decision to make.Councilwoman Kelli Dunaway voted against the tax break."It is these types of incentives that have turned this country, this county, and the world we live in into a game that is stacked against the working families that we're trying to protect by passing this bill," she said.County Executive Sam Page the vote "shows St. Louis County's commitment to growing our economy, expanding career opportunities, and building on our priorities to invest in north county." He plans to sign the new bill into law on Wednesday morning."Approving these incentives demonstrates to the federal government that Boeing h...

Reported incidents on MetroLink increase despite security investment

Published Wed, 26 Feb 2025 02:20:36 GMT

ST. LOUIS – A You Paid For It Investigation spotlights an increase in incidents on MetroLink despite the millions of additional dollars poured into security.According to the MetroLink Task Force Incident Report, incidents increased in the period from April to June of this year.Bi-State Development Commissioner Derrick Keith Cox is a critic of the organization’s slow pace of security improvement.“Well, I think we live in a pretty dangerous city, and I think that right now people think that that’s a place they can go and get away with their crime,” he said. “We’ve got to make it uncomfortable for the bad people to do any kind of crime on the platform or on the train, anything to do with MetroLink.”According to the report, there were 236 incidents in the first quarter of the year, but that increased to 249 incidents in the second quarter.58% of the incidents are conduct violations like breaking curfew, loitering, and disorderly conduct.31% of the incidents are violent crimes like assau...

Chesterfield ordinance slows charity’s fundraising

Published Wed, 26 Feb 2025 02:20:36 GMT

CHESTERFIELD, Mo. – Members of the Incarnate Word Knights of Columbus Council 9981 were hoping the city of Chesterfield would grant a waiver allowing the charitable organization to conduct a fundraising event that’s been a tradition.In October, members don yellow vests for three days and hand out Tootsie Rolls in exchange for donations from drivers stopped at intersections. The donations support organizations that help individuals with developmental disabilities.The fundraising effort ran into a hurdle last year after Chesterfield passed an ordinance aimed in part at addressing aggressive panhandling. Several other communities have passed similar ordinances over safety concerns. For the second year in a row, Council 9981 was denied a request to solicit at several Chesterfield intersections. A spokesperson for the city of Chesterfield said legal advice given to the city stated that if an expectation was made for one organization, then exceptions would be required for others.“They’re ...