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Mundelein prepares $2.5M tax rebate deal with Jewel-Osco

2016-04-13 00:17:33| Grocery - Topix.net

Mundelein officials have finalized the terms of a tax-sharing deal with Jewel-Osco that's designed to encourage the supermarket chain to open a second store in town. The proposal calls for the village to rebate up to $2.5 million in tax revenue generated by a supermarket planned for 1150 W. Maple Ave. Jewel-Osco will be reimbursed half the village's share of sales taxes the store generates for up to 15 years.

Tags: tax deal rebate prepares

Diageo casts net for new chairman as Humer prepares exit

2016-04-11 12:56:00| Daily beverage news and comment - from just-drinks.com

Diageo is looking for a new chairman as Franz Humer prepares to step down after eight years in the role.

Tags: net exit chairman prepares

Market Extra: ThyssenKrupp powers higher as Tata prepares to scuttle U.K. business

2016-03-31 02:18:05| Steel - Topix.net

Shares of German steel producer ThyssenKrupp AG jumped more than 8% Wednesday in what's been a painful day for the British steel industry. More than 1,000 U.K. jobs look set to be cut as Tata Steel Ltd. said it's looking into selling its loss-making U.K. operations.

Tags: business uk market extra

Vietnam prepares for boom in next decade

2016-03-28 09:24:39| Logistics - Topix.net

Damco, one of the world's leading third-party logistics providers, offers customised freight forwarding and supply-chain solutions. The company has expanded its southern logistics centre in Binh Duong province, lifting its warehouse capacity to an impressive 73,000 square metres across five sites.

Tags: next vietnam decade boom