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Illinois

Business & Lifestyle

Illinois hotels report record revenues for FY23

CHICAGO (Capitol News Illinois) – For hoteliers, business is booming in Illinois. On Monday, Gov. JB Pritzker, the state’s legislative leadership and representatives of the hospitality industry announced that hotels in Illinois saw record revenues in fiscal year 2023, which ended June 30. Across the state, hotels brought in $307.8 million, according to figures from the state’s Department of Revenue. That beats fiscal year 2019, the previous record year for hotel income and the last year before the pandemic upended […]

todayJuly 11, 2023 51

AI

Business News

AI is more helpful than a hindrance

Artificial intelligence, or AI, is the most divisive topic in this half of 2023. But far removed from the doom and gloom scenarios, AI is helping both businesses and their employees achieve larger goals. From helping inexperienced staff to human resources issues, the applications are far and wide. If, as an employer, you aren’t convinced, here are a few examples for your consideration. Reducing workplace risk There is risk in almost any sector. And the volume directly dictates how much […]

todayJuly 8, 2023 43

gas prices

Business & Lifestyle

Gas prices wobble, but not falling

WASHINGTON, D.C. — Gas prices at the pump barely budged over the past week, despite the expected demand surge due to the Independence Day holiday. AAA predicted that more than 43 million people would hit the road to celebrate the nation’s birthday. Despite the record number, the national average for a gallon of gas drifted two cents lower since last week to $3.52. “Gas prices may rise over the next few days based on slightly higher demand,” said Andrew Gross, AAA […]

todayJuly 6, 2023 61

stocks stock business

Business & Lifestyle

Stocks rise after strong first half of 2023

NEW YORK (UPI) -- The U.S. stock markets closed early Monday in observance of the Fourth of July holiday with the Dow, S&P 500, and NASDAQ all rising. Monday marked the start of the second half of 2023 and added to a strong first half for the markets. The Dow Jones Industrial Average rose 10.87 points, or 0.032%, to close at 34,418.47. The S&P 500 was up 5.21 points, or 0.12%, closing at 4,455.59, and the NASDAQ Composite jumped 28.85 points, […]

todayJuly 3, 2023 59

business fleet

Business News

Addressing challenges with effective fleet management

In the world of logistics, ensuring customer satisfaction is paramount, Delivering products on time and in optimal condition plays a pivotal role in building a strong brand reputation and fostering customer loyalty. However, there are instances when truck fleet management can affect customer satisfaction.  When customers express dissatisfaction with their deliveries, companies must address their concerns promptly and effectively. Apologizing for any inconvenience caused is the first step in resolving the issue. But, as the customers share their complaints, every […]

todayJuly 3, 2023 44

business skills

Business & Lifestyle

Get the job with these transferable skills

You can use transferable skills such as hands-on abilities when landing a new job. But in the modern jobs market, there are soft core skills that most employers find more desirable. If you cost an employer less money, then you begin an interview with a massive advantage. Teamwork and collaboration For modern jobs, you need to be excellent with communication. From the shop floor to the executive lounge, knowing how to speak to others at all levels is a huge […]

todayJune 18, 2023 291

consider construction

Business & Lifestyle

Concepts to consider when starting a construction project

There are many reasons to embark upon a construction project. For example, you may be looking to build your dream home. You may even want to develop land for professional purposes so that you are able to facilitate business expansion.  However, that’s not to say you don’t have your work cut out. Constructing anything from the ground up takes a lot of time, energy, and, perhaps most importantly, money. As such, you must understand what you’re in for ahead of […]

todayJune 14, 2023 431

hotel motel

Business & Lifestyle

Three hotel cost-saving ideas

Hotels, like any other business, need to make a profit to keep operating. Without it, money eventually runs out and they won’t be able to keep the doors open. While that usually means bringing in more guests, some cost-saving ideas for hotels can also be recommended. These will help to make your hotel more cost-effective, generating more revenue per booking than you might currently be making. In time, that means greater profits and smoother operations, so there’s no reason why […]

todayJune 14, 2023 551

mining construction

Business & Lifestyle

Using tech to make mining a safer industry

Mining deaths are, unfortunately, a common occurrence in this industry. In the past eighteen years, over 40% of these fatalities have been linked to collapsed roofs and pillars. In the past three years, there have also been four serious isolated incidents related to collapses alone. This has sparked an urgent study into cave-ins which could revolutionize the mining industry as we know it. However, this isn’t any kind of usual study. It involves innovative tech that could potentially predict structural […]

todayJune 14, 2023 231

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