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Business & Lifestyle

Chevron shares flat after revenue beats estimates, profits rise from a year ago

SAN RAMON, Calif. (Heartland Newsfeed) -- Chevron on Friday reported quarterly profits and revenues that beat Wall Street's expectations as the company cut costs and as oil and gas prices and refining margins improved. Shares of Chevron were up more than 1 percent after the announcement. The oil major earned $1.7 billion, or and adjusted 91 cents a share, excluding impairments and gains from asset sales. Analysts had expected Chevron to earn 87 cents a share on $32.09 billion in revenue. The […]

todayJuly 28, 2017 3

Business & Lifestyle

Some Pokémon Go Fest attendees are suing Niantic

CHICAGO (Heartland Newsfeed) -- Pokémon Go Fest was a huge misstep, to say the least. Developer Niantic held the Chicago-based festival in late July and quickly found itself unprepared for the realities of 20,000 people all playing Pokémon Go in one small area. As way of compensation, Niantic refunded everyone's tickets and gave away $ 100 in virtual currency for the mobile game, hoping that was enough. Attendees who flew in from out of town, however, have a larger bone […]

todayJuly 28, 2017 3

Business & Lifestyle

Starbucks to close all 379 Teavana locations

Ray Downs, United Press International Writer SEATTLE (UPI) -- Starbucks announced it will close all 379 of its Teavana locations after the tea shop showed poor sales and little hope of improving. "Following a strategic review of the Teavana store business, the company concluded that despite efforts to reverse the trend through creative merchandising and new store designs, the underperformance was likely to continue," Starbucks said in a press release disclosing its earnings. The closures are expected to affect more than 3,000 employees […]

todayJuly 28, 2017 3

Business & Lifestyle

House passes spending bill with $1.6 billion to begin border wall

Ray Downs, United Press International Writer WASHINGTON (UPI) -- The House approved a $788 billion national security bill Thursday that includes $1.6 billion towards a wall along the U.S.-Mexico border. The bill, which passed along mostly party lines, 235-192, mostly allocates money for programs other than beginning construction of the wall -- including energy, water, defense, the Army Corps of Engineers, and implementing a 5% raise in veteran's programs. GOP leaders praised the bill as a fulfillment of one of President Donald […]

todayJuly 27, 2017 4

Business & Lifestyle

Twitter loses users in U.S. as revenue declines

Allen Cone, United Press International Writer SAN FRANCISCO (UPI) -- Twitter, the social media powerhouse, had stagnant worldwide growth of users last quarter and lost users in the United States. Twitter, in an financial filing Thursday, said its monthly user base in the United State declined two million to 68 million from the previous quarter. Globally, the number of users stayed at 328 million. From the same period a year earlier, the company's revenue fell 5 percent to $574 million. Twitter's adjusted […]

todayJuly 27, 2017 15

Business & Lifestyle

U.S. warns Americans of possible ‘tainted’ alcohol in Mexico

Andrew V. Pestano, United Press International Writer WASHINGTON (UPI) -- The U.S. Department of State has warned people traveling to Mexico about possibly tainted or substandard alcohol, and to drink responsibly after the death of a Wisconsin woman. The department on Wednesday updated its alerts and warnings page on Mexico, where travelers can find different information on embassies, local laws and visa requirements. The Milwaukee Journal Sentinel earlier reported that 20-year-old Abbey Connor became sick while drinking alcohol during a Mexican vacation in January. She […]

todayJuly 27, 2017 18

Business & Lifestyle

1 dead, several injured after ride malfunction at Ohio State Fair

Ray Downs, United Press International Writer COLUMBUS, Ohio (UPI) -- At least one man was killed and seven were injured after a ride malfunctioned at the Ohio State Fair Wednesday, authorities said. The Columbus Fire Division said the riders were thrown from the Fire Ball ride on Wednesday night, reported the Columbus Dispatch. The dead man was killed immediately, officials said. Five of the injured were in critical condition and two were stable. One of the injured is a 13-year-old girl, reported WSYX-TV. Battalion […]

todayJuly 26, 2017 1

Business & Lifestyle

Aide for Rep. Wasserman Schultz arrested trying to leave country

Ray Downs, United Press International Writer WASHINGTON (UPI) -- An IT staffer for Rep. Debbie Wasserman Schultz, who has been under criminal investigation, was arrested when he tried to leave the country from Washington, D.C.'s Dulles International Airport this week. Imran Awan pleaded not guilty to one count of bank fraud after the arrest. Federal authorities said he allegedly tried to get a $165,000 home equity loan through the Congressional Federal Credit Union for a rental property, which violates the credit union's […]

todayJuly 26, 2017 13

Business & Lifestyle

Income tax hike will cost Christian County residents $8.2 million more this year

TAYLORVILLE (Heartland Newsfeed) -- Christian County residents will pay an additional $8,197,968 in state income taxes this year, according to an analysis by Local Government Information Services (LGIS). LGIS combined Illinois Department of Revenue data with a forecast by Senate Democrats to estimate how much additional income tax will be paid in each Illinois zip code. The following Christian County communities will pay the most: Taylorville ($3,486,351 total/$507 per person), Pana ($1,437,691/$465), Moweaqua ($757,825/$595) and Edinburg ($492,474/$577). Retroactive to July […]

todayJuly 25, 2017 12

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