NEWS FROM : Business & Lifestyle  

In 1971, during his first year selling houses, Elmwood Park resident Gabe Caporale sold $1 million worth of real estate. He made a deal with his boss that if he sold $2 million the following year he’d get a diamond ring. Caporale got the diamond ring and since has sold hundreds of additional homes and properties. This month, Caporale, who has serve...

Ferrero North America, part of the global confectionery company the Ferrero Group, today broke ground on a new chocolate processing facility in Bloomington, Illinois. It will be the Ferrero Group's third facility that processes chocolate, and its first outside of Europe. State and local leaders joined Ferrero at a ceremony to celebrate the occasion...

Astronaut Samantha Cristoforetti will be featured in a virtual program supported by the International Women’s Air & Space Museum and Loganberry Books. Cristoforetti, who is part of the European Space Agency, has written “Diary of an Apprentice Astronaut.” The Zoom program is set for 1 p.m. Sunday, Oct. 17. Cristoforetti, selected in the 2009 ESA as...

After 20 years at its expansive space on Harlem Avenue near Belmont in Chicago, Arezzo Jewelers has found a perfect fit at its new location on North Avenue in Elmwood Park. “We needed an update, and we found out that it was easier in the long run to create a new space for ourselves,” says Michael Spilotro, who co-owns the jewelry store with his wif...

Italian manufacturer PA S.p.A. is opening its first-ever location in the United States this fall. But it won’t be in a big city on the East Coast or West Coast. It will be in the Minneapolis suburb of Bloomington, which will serve as its North American headquarters. The company produces high pressure accessories. The U.S. is the company’s biggest m...

Italian Design Day 2021 The Future of Creativity: Design Itineraries between Italy and the USA Thursday July 8 2021, 11.30 CT The Italian Cultural Institute of Chicago, the Consulate General of Italy in Chicago, the Department of Architecture at the University of Florence, and the College of Architecture at Illinois Institute of Technology present...

Capri Communities’ newest community in Milwaukee’s historic Italian-American neighborhood cost $28.9 million — but the price tag on the land was just $1. St. Rita Square, a 118-unit building offering independent living, assisted living and memory care, opened in July 2020 and occupancy is currently at 70% and climbing, Founder and Principal Jim Tar...

An Italian company expects to create more than 230 new jobs in Hamilton County by the end of 2025 with a new plant producing pre-sterilized syringes and vials for pharmaceutical companies, state officials said Wednesday. Stevanato Group, based in Piombino Dese, Italy, expects to invest up to $145 million to build and equip a manufacturing plant of...

The Salvino Wealth Management Team has hung out its own shingle, launching Performance Wealth in January. The independent registered investment advisor manages $2.2 billion in client assets and will operate out of offices in Hinsdale, Illinois; Naples, Florida; and San Diego. The team’s mission is to “create detailed financial plans and investment...

Talented teens and young adults tend to view themselves as invincible. Even when they suffer a major setback or two, they often emerge humbler but still immensely confident. But what happens to a star athlete and corporate wunderkind who gets sidelined not once, but four times by serious health issues? In the case of Chris Bordoni, the answer defie...

Italian fine jewelry brand Pomellato has relocated its Chicago boutique to a space inside 37 Oak St., a historic building in the city’s tony Gold Coast neighborhood. (Fun fact: The neighborhood is listed on the National Register of Historic Places.)  Nathalie Diamantis, CEO and president of Pomellato Group Americas, says the move—which coincides wi...

The chocolate giant behind Nutella and Fannie May on Thursday announced plans to build a chocolate factory in Bloomington, Illinois, its first in North America. New Jersey-based Ferrero North America, part of the Italian candy company Ferrero Group, said it will invest $75 million to expand its existing production facility in Bloomington, where it...