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Business & Lifestyle

Newspaper alleged to have joined Carlinville in FOIA battle

  CARLINVILLE (Heartland Newsfeed) -- The ongoing war between Edgar County Watchdogs, John Kraft and the City of Carlinville has dragged on for the past five years, and according to a recent report on the watchdog website, the flames are being fanned even further by getting local media involved. The recent report written by Kraft states that the Macoupin County Enquirer-Democrat is being utilized as the mouthpiece for Carlinville mayor Deanna Demuzio (D) and cites an article that describes him […]

todayJuly 31, 2017 11

Business & Lifestyle

Charter Communications declines a merger with Sprint

Ed Adamczyk, United Press International Writer STAMFORD, Conn./OVERLAND PARK, Kan. (UPI) -- Charter Communications Inc. ended speculation it would acquire Sprint Corp., announcing it would not seek a merger between media companies. Japanese telecommunications and Internet company SoftBank Group, whose U.S. subsidiaries include Sprint, proposed the deal. It called for a merger of Sprint and Charter, controlled by SoftBank. The new company would then attempt to purchase T-Mobile U.S. Inc., Bloomberg News reported Monday, citing sources close to negotiations. The deal would merge Sprint's wireless […]

todayJuly 31, 2017 5

Business & Lifestyle

Discovery to buy Scripps in deal valued at $14.6 billion

SILVER SPRING, Md./CINCINNATI, Ohio (Heartland Newsfeed) -- Discovery Communications Inc. said Monday they have reached an agreement to buy Scripps Networks Interactive Inc. in a cash-and-stock deal valued at $14.6 billion, including $2.7 billion of debt. Discovery will pay $90 a share, or 34% over Scripps' unaffected share price as of July 18. The deal is expected to close by early 2018. The combined company will produce about 8,000 hours of original programming annually and be home to about 300,00 hours […]

todayJuly 31, 2017 5

Business & Lifestyle

N.J. Gov. Chris Christie faces off with Chicago Cubs fan who heckled him

Ray Downs, United Press International Writer MILWAUKEE (UPI) -- Gov. Chris Christie of New Jersey got into a Chicago Cubs fan's face at Miller Park in Milwaukee Sunday. A video tweeted by WISN showed the governor holding a tub of nachos as he crouched down in front of a sunglasses-clad Cubs fan. The fan allegedly heckled Christie, telling him he "sucked," as the Republican governor was walking back to his seat. The insult then prompted a response from the New Jersey politician. "You're a big […]

todayJuly 31, 2017 4

Business & Lifestyle

New Mexico private prison to close because doesn’t have enough inmates to profit

Ray Downs, United Press International Writer ESTANCIA, N.M. (UPI) -- Private prison operators in New Mexico said they will close one of its prisons because it doesn't have enough inmates to make a profit. CoreCivic, the private prison company formerly known as Corrections Corporation of America, announced it will close its Estancia, N.M. facility over the next two months. More than 200 people will lose their jobs as a result of the closing. The prison was designed to hold between 900 […]

todayJuly 30, 2017 5

Business & Lifestyle

WSJ report: Charter says no thanks to Sprint mega-merger

STAMFORD, Conn./OVERLAND PARK, Kan. (Heartland Newsfeed) -- Charter Communications Inc. said it isn’t interested in buying Sprint Corp., rebuffing a gigantic merger offer and ending several weeks of deal talks between the media and communications companies. Sprint proposed a merger with Charter that would create a massive new entity controlled by SoftBank Group Corp., Sprint’s parent, the Wall Street Journal reported Friday. On Sunday, Charter said it isn’t interested in the deal and indicated it would stick with an existing wireless […]

todayJuly 30, 2017 28

Business & Lifestyle

Melbourne’s Tran Siu in attendance as Melbourne Chinatown Precinct Association fundraiser a huge success

PARKVILLE, Victoria, Australia (Heartland Newsfeed) -- A July 12 fundraising dinner co-sponsored by The Children’s Bioethics Centre Development Board (CBCDB) and the Melbourne Chinatown Precinct Association Inc. (CPA) was held at Shark Finn Restaurant in Melbourne, with several notable personalities such as Tran Siu, Peter Collina and Nyssa Large, who made news for having partied with Justin Bieber during his recent visit to Melbourne and the famous Harvard University Krokodiloes, a singing group that has been active since 1946 that has […]

todayJuly 30, 2017 52

Business & Lifestyle

Trump threatens to halt Obamacare insurance subsidies

Eric DuVall, United Press International Writer WASHINGTON (UPI) -- President Donald Trump on Saturday tweeted a threat to stop subsidies to health insurance companies after the Republican effort to repeal and replace the Affordable Care Act (aka Obamacare) collapsed this week. Trump's threat, which he has made before, is to halt billions in subsidies paid to insurance companies in order to keep health plans sold on government-run exchanges affordable for individuals required to buy them. The insurance industry has said stopping the payments […]

todayJuly 29, 2017 3

Business & Lifestyle

Sprint pursuing merger with cable giant Charter, according to reports

Eric DuVall, United Press International Writer OVERLAND PARK, Kan./STAMFORD, Conn. (UPI) -- The owner of wireless company Sprint has proposed a merger with cable giant Charter Communications, though Charter's leaders are reportedly only lukewarm to the idea. The potential merger would create a new publicly traded company controlled by SoftBank, which is also run by Sprint Chairman Masayoshi Son, a Japanese billionaire. Charter is not on board with the cash and stock merger proposal yet, but talks continue, The Wall Street Journal […]

todayJuly 29, 2017 6

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