Possible Hertz bankruptcy could affect SW Florida
By Samone Blair Medill Reports Hertz, the rental-car company based in Estero, Florida, is in financial trouble amid the coronavirus pandemic. The SEC has given Hertz until Friday to restructure its debt. According to Village of Estero Mayor Bill Ribble, Southwest Florida would miss the business, if it were to go out of business. Not […]
Suburban Airbnb pivots to long-term renting after coronavirus hit
By Henry Ren Medill Reports Panic crept in as Airbnb host Samuel Szobody lost $48,000 worth of guest bookings in the two weeks that followed Illinois Gov. J.B. Pritzker announcing a statewide lockdown on March 20. “From April through June, all my calendars just went completely empty,” he said. Szobody manages nine Airbnb listings in […]
College football recruits commit to uncertainty
By Dave Peck Medill Reports When a high schooler commits to playing college football, they do so expecting a season. That’s not the case for this year’s class of recruits. For incoming freshman Jacob Horigan and transfer Max Jacobs, the decision to play football for Bowdoin College came amid the most unusual circumstances. Photo at […]
Chase hosts first-ever HBCU virtual commencement
By Bre’onna Richardson Medill Reports Graduates from the class of 2020 could not have an in-person ceremony this year due to the COVID-19 outbreak. With 78 participating historically black colleges and universities (HBCUs), JP Morgan Chase, along with partners, helped more than 27,000 students celebrate their graduation, virtually. The “Show Me Your Walk HBCU Edition” […]
Lakeview garden center remains optimistic about summer business despite stay-at-home order
By Kari McMahon Medill Reports When the U.S. economy experienced the Great Recession between 2007 and 2009, Susan Brandstetter and her husband, Russell, felt the impact. The owner of a 25,000-square-foot garden center walked away from a commercial lease on their property. They were left with a garden center but with no one to run […]