Business

Chamber taking Business Hall of Fame nominations

By Herald-Whig
Posted: Jun. 10, 2018 12:01 am

The Quincy Area Chamber of Commerce is taking nominations for the local Business Hall of Fame.

Nominations should focus on business leaders who made significant impacts on their companies and made a difference in their communities.

The Business Hall of Fame was started in 2006 to celebrate the history and accomplishments of the Quincy-area business community.

Nominations may be made by going to quincychamber.org.

Among the details needed for nominations are:

º The nominee's company.

º The highest position the nominee attained at that company.

º The number of years a nominee worked at the company.

º Accomplishments attained by the company under the direction of the nominee.

The Hall of Fame is on the second floor of the Oakley-Lindsay Center, 300 Civic Center Plaza.

Nominations are due June 29.

What's next?

Just when you thought there might be a break in some those almost-$3-a-gallon gas prices ... the pain at the pump resumed a few days ago.

The average price of a gallon of gas is about 70 cents a gallon higher than it was a year ago.

So what's next?

"Drivers may experience some short-term relief, but nonetheless, gas prices are still going to be significantly higher than they were last summer," said Daniel Armbruster, a AAA spokesman.

High demand and higher oil prices have combined to push average prices up steadily this year.

"Prices remain well above their year-ago level, costing the country $228 million more every day versus a year ago," said Patrick DeHaan, head of petroleum analysis for GasBuddy.com.

Sounds like it could be a long, hot -- and expensive -- summer.

What others are saying

º The Associated Press: "A group of top business economists believes the major tax cuts President Donald Trump pushed through Congress will give a significant boost to economic growth this year and next year. But they worry that by 2020, the country could be entering a new recession."

º CNN Money: "Apple is now worth about $945 billion. Shares are up more than 13 percent this year, far better than the overall market. For Apple (to become the first company to hit) $1 trillion market valuation, the stock would need to go up just another 6 percent to $202.30 a share."

º NBC News: "Only a third of U.S. teens have summer jobs today, with many students telling NBC News that their schedules are instead packed with volunteering, sports and continuing their studies."

The top five

The top spot on the Forbes.com list of the five highest-paid NBA players in 2018 looks familiar.

1. LeBron James is the NBA's highest-paid player for the fourth straight year at $85.3 million, including $52 million off the court from endorsements and royalties.

2. Stephen Curry ranks second with earnings of $76.7 million. The two-time MVP signed the NBA's first $200 million contract last summer.

3. Kevin Durant ranks third at $58 million.

4. James Harden rakes in $48.3 million.

5. Russell Westbrook earns $47.5 million.

Words of wisdom

Bronze medal: "Formal education will make you a living; self-education will make you a fortune." -- Jim Rohn, American entrepreneur.

Silver medal: "If you do build a great experience, customers tell each other about that. Word-of-mouth is very powerful." -- Jeff Bezos, founder of Amazon.

Gold medal: "Design is not just what it looks like and feels like. Design is how it works." -- Steve Jobs, co-founder of Apple.

Things to Do

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