Broadview Opts Out of Minimum Wage Ordinance | 25th Ave. Overpass to be Dedicated to Former Bellwood Mayor
Business / Economy / Events / Government / Infrastructure

Broadview Opts Out of Minimum Wage Ordinance | 25th Ave. Overpass to be Dedicated to Former Bellwood Mayor

A member of the Chicago-based advocacy group Black Workers Matter during a June 15 march in Forest Park protesting that village’s decision to opt-out of the Cook County minimum wage ordinance. | William Camargo/Wednesday Journal  Thursday, June 15, 2017 || By Michael Romain || OPINION || @maywoodnews || Updated: 7 p.m. Last week, the village of … Continue reading

Aldi to Spend $180M Remodeling Most Chicago Area Stores
Business / Economy

Aldi to Spend $180M Remodeling Most Chicago Area Stores

A remodeled Aldi store | Crain’s Chicago Business | Below: The redesigned Aldi in Virginia | Business Insider/Hayley Peterson Thursday, May 25, 2017 || By Michael Romain || @maywoodnews According to a May 16 Chicago Tribune report, “Aldi, one of the fastest growing grocery chains in the U.S., plans to spend about $180 million remodeling 130 of its … Continue reading

Quick Fix: Want Better Schools? You Might Have to Pay More for Your House, Make a Longer Commute
Economy / Education / Noted / Reading from Around the Web

Quick Fix: Want Better Schools? You Might Have to Pay More for Your House, Make a Longer Commute

Thursday, March 30, 2017 || By Local News Curator || @maywoodnews The New York Times’ “The Upshot” blog has developed an interesting interactive graphic that shows the correlation between the price of homes (per square foot), the quality of schools (based on grade-level proficiency) and the average commute time of residents within a given school district. … Continue reading

Crain’s: Failed Seaway Bank Gets Yet Another Owner — A Credit Union
Business / Economy / Reading from Around the Web

Crain’s: Failed Seaway Bank Gets Yet Another Owner — A Credit Union

Friday, March 10, 2017 || By Local News Curator || @maywoodnews Seaway Bank & Trust — once the state’s largest black-owned minority bank and the sixth largest in the country — has yet another owner after the bank shutdown and its assets were acquired by State Bank of Texas in January. A March 10 Crain’s report … Continue reading

Crain’s: Seaway Bank’s New Owners Will Preserve Its Name, Say Deposits are Safe | But Who to Blame for the Failure?
Business / Economy

Crain’s: Seaway Bank’s New Owners Will Preserve Its Name, Say Deposits are Safe | But Who to Blame for the Failure?

Seaway Bank & Trusts’ Maywood branch. Chicago’s largest black-owned bank failed earlier this year. | File Monday, February 13, 2017 || By Local News Curator || @maywoodnews A Feb. 4 Crain’s Chicago Business report caught up with Sushil Patel, the president of State Bank of Texas, which now owns the now-defunct Seaway Bank & Trust, … Continue reading

Crain’s: Over 230 Homes Sold in Maywood in 2016 as Values Rise | Bellwood, Melrose Park See Similar Gains
Economy / Housing / Township News

Crain’s: Over 230 Homes Sold in Maywood in 2016 as Values Rise | Bellwood, Melrose Park See Similar Gains

A visualization generated by Open Street Map and published by Crain’s shows median housing prices up by at least 10 percent in many area suburbs at the end of 2016 compared to the year before. | Crain’s Chicago Business  Tuesday, January 24, 2017 || By Local News Curator || @maywoodnews According to a Jan. 24 Crain’s Chicago … Continue reading