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Business & Lifestyle

State Rep: Bitcoin and blockchain here to stay as Illinois leads the way

CHICAGO (Illinois News Network) -- With the soaring price of digital currency Bitcoin, and the Chicago Mercantile Exchange Group set to launch futures beginning Dec. 17, one state representative says the technology is here to stay. Bitcoin broke $19,000 per coin Thursday before dropping 20 percent and then settling at more than $16,000. That’s more than triple what it was just three months ago. Back in 2010, Bitcoin prices were around $30. CME Group said on its website the value […]

todayDecember 8, 2017 4

Decision 2018

Gov. Rauner won’t commit to debate with GOP challenger Ives

JACKSONVILLE (Illinois News Network) -- Gov. Bruce Rauner won’t say if he’ll commit to debating his primary opponent before the March 20 Republican primary. At a stop in Jacksonville Friday morning, Rauner was asked if he’d commit to debating state Rep. Jeanne Ives, who has filed to run against Rauner in the March 20 Republican primary. Asked three times in a row if he’d debate Ives, Rauner only laughed and said “what I’m committed to is winning the general election and […]

todayDecember 8, 2017 1

Commentary

BERG: It’s the 199th birthday of Illinois! Hey, wait … come back

(Illinois News Network) -- Illinois celebrated its 199th birthday Dec. 3. The eventual Land of Lincoln first became a state in 1818. Back then, nearly all of Illinois’ fertile prairie was left unsettled. But it seems like Springfield is doing its best to return to that remote state, according to new data from the Internal Revenue Service. The IRS data dump Nov. 30 was a crummy birthday gift. But it underscored the biggest policy problem with which state lawmakers must […]

todayDecember 7, 2017 9

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Business & Lifestyle

Downstate Republican senator: Illinois should legalize marijuana

SPRINGFIELD (Illinois News Network) -- Add a Republican senator from Central Illinois to the growing list of Illinois lawmakers who say the state should legalize recreational marijuana. State Sen. Jason Barickman (R-Bloomington) says he is ready to support legal, recreational marijuana if the law is written correctly. "I think fiscal conservatives need to be in this debate," Barickman said Tuesday. "It is inevitable that this is going to happen. Our opportunity is either to sit on the sidelines and watch […]

todayDecember 7, 2017 8

Illinois

Wildlife officials issue citations for illegal deer hunting

SPRINGFIELD (Illinois News Network) -- Conservation police in Illinois issued more than 50 citations for illegal deer hunting in November. Ed Cross, director of communications for the Illinois Department of Natural Resources, said officials see four common laws being broken by hunters throughout the state each year. “Some of the most common laws we see being broken are trespassing on someone’s property, hunting without a license, using someone else’s permit and baiting,” Cross said. “All these are laws we see […]

todayDecember 3, 2017 3

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Capital Area Region

New inspector general to victim: Hand over your cellphone and passwords

SPRINGFIELD (Illinois News Network) -- The newly appointed Inspector General in Springfield told the victim of alleged sexual harassment by a lawmaker to turn over unlimited access to her cell phone and social media account. Anti-abuse advocate Denise Rotheimer says Julie Porter, the woman lawmakers tabbed to be the Legislative Inspector General, asked for a little more of her private life than she wanted to give up. “What she was asking for was way too overreaching and unrelated to the […]

todayDecember 2, 2017 21

Business News

Illinois considers following other U.S. states in buying hacking insurance

SPRINGFIELD (Illinois News Network) -- With data breaches becoming more and more common, states are beginning to join corporations in getting insured for data breaches. Despite a 2016 breach of voter data, Illinois is still on the fence about getting coverage. A survey of 42 state chief information officers released last month showed a growing number of them are putting taxpayer dollars into insurance plans against data breaches. Thirty-eight percent said their state had taken up an insurance plan compared to 20 percent […]

todayNovember 28, 2017 17

Business & Lifestyle

Illinois’ stagnant sales tax revenue indicator of flat economic activity

SPRINGFIELD (Illinois News Network) -- The state of Illinois is collecting more from individual workers' and businesses’ income, but the indication from other revenue sources is the state’s economy is flat. A tax professional says state lawmakers haven’t advanced solutions to grow the state’s economy. Illinois Commission on Government Forecasting and Accountability (COGFA) Revenue Manager Jim Muschinske said individual income tax revenues are up from the year before, as are corporate tax receipts. From October of last year to this […]

todayNovember 28, 2017 6

Automotive News

Illinois could be one of the first states to have driverless vehicles on its roads

SPRINGFIELD (Illinois News Network) -- The head of the Illinois Department of Transportation says driverless cars are closer to the state’s roadways than you think. IDOT Director Randy Blankenhorn told a City Club of Chicago crowd earlier this month that the state is actively courting driverless vehicle testers to begin running on Illinois’ roadways. He says a task force with his department, the state police, the Secretary of State, and others are working to ensure Illinois is ready to be one […]

todayNovember 28, 2017 4

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