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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 15

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 13

Business & Lifestyle

Wary Libertarians sense opportunities with Trump administration’s dysfunction

Chris Moody, CNN Writer LAS VEGAS (CNN) -- If there's one person relishing in Washington's Trump-era dysfunction, it's Libertarian Party Chairman Nicholas Sarwark, who sees the tumult as a prime recruitment opportunity. "I have to give thanks to Donald Trump and the Republican Party," said Sarwark, a former defense attorney who has led the Libertarian Party since 2014. "Their success in getting control of government and then showing that they can't do anything once they have that control has been […]

todayJuly 25, 2017 45

Business & Lifestyle

Samsung releases its first biosimilar drug in U.S.

Danielle Haynes, United Press International Writer SEOUL, South Korea (UPI) -- Electronics giant Samsung made its first foray into U.S. pharmaceuticals Monday when it joined efforts with Merck to release a lower-cost version of a rheumatoid arthritis drug. Samsung Bioepis, a subsidiary of the South Korean producer of televisions and smartphones, and Merck Biosimilars released Renflexis, a version of Johnson & Johnson's Remicade. The U.S. Food and Drug Administration gave approval in April to the drug, which the companies said would be sold for […]

todayJuly 24, 2017 21

Business & Lifestyle

Private equity firm KKR to buy WebMD for $2.8 billion

Andrew V. Pestano, United Press International Writer NEW YORK (UPI) -- Health information website WebMD on Monday said it's agreed to be acquired by the KKR private equity company in a deal valued at nearly $3 billion. WebMD said it established an agreement with KKR's Internet Brands portfolio in which a subsidiary will formally make an offer by Aug. 3 to acquire all issued and outstanding shares of WebMD's common stock for $66.50 per share -- or $2.8 billion. The companies […]

todayJuly 24, 2017 2

Business & Lifestyle

Florida man running for mayor tells black activists: ‘Go back to Africa’

Ray Downs, United Press International Writer SAINT PETERSBURG, Fla. (UPI) -- A candidate for mayor in St. Petersburg, Fla. erupted at black reparations activists, telling them to "go back to Africa" during a mayoral debate. Paul Congemi, who is running as an independent, directed his rant towards Jesse Nevel, a mayoral candidate who is chairman for the Uhuru Solidarity Movement, a group of white allies of the African People's Socialist Party that organizes "in the white community for reparations" to the black […]

todayJuly 20, 2017 4

Business & Lifestyle

Possible ‘FAKE NEWS’ service? Facebook plans subscription service for news articles

Allen Cone, United Press International Writer MENLO PARK, Calif. (UPI) -- Facebook plans to launch a subscription service for news stories, possibly testing the change as early as October. Campbell Brown, the head of the social media giant's news partnerships, said Facebook is working on the news product, which would have a paywall. "We are in early talks with several news publishers about how we might better support subscription business models on Facebook," Brown told TechCrunch in a statement. "As part of the […]

todayJuly 19, 2017 29

Business & Lifestyle

U.S. government contractor in Afghanistan pleads guilty to $250k kickback scheme

Ray Downs, United Press International Writer WASHINGTON (UPI) -- A former employee of a U.S. government contractor in Afghanistan pleaded guilty to accepting more than $250,000 in illegal kickbacks from a subcontractor, in exchange for assistance in obtaining government contracts, officials said. According to the Department of Justice, Nebraska McAlpine, 56, of Smyrna, Ga., admitted that he and an Afghan executive agreed to a deal that would give McAlpine cash in exchange for no-bid contracts. The name of the executive and the subcontracting […]

todayJuly 19, 2017 11

Business & Lifestyle

Chipotle shuts down Virginia restaurant after illness reports

Ed Adamczyk, United Press International Writer STERLING, Va. (UPI) -- Chipotle Mexican Grill has shut down one of its Virginia locations Tuesday after customers reported getting sick after eating there, the company said. Eight customers reported symptoms of stomach pain, dehydration, and nausea to a poisoning website. They indicate that at least 13 customers were sickened and two were hospitalized after eating at the Sterling, Va., location over the weekend. "We are working with health authorities to understand what the cause […]

todayJuly 18, 2017 5

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