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Business & Lifestyle

Wells Fargo to pay $142M in class-action settlement of fake accounts

Allen Cone United Press International SAN FRANCISCO (UPI) -- A federal judge has approved a plan for Wells Fargo & Co. to pay $142 million in a class action suit involving customers of fake accounts. U.S. District Vince Chhabria ruled on Saturday in San Francisco the settlement was "fair, reasonable and adequate." Last year, Wells Fargo admitted that 2 million potentially unauthorized checking and credit card accounts were opened between 2011 and 2015. In September, federal Consumer Financial Protection Bureau fined the banking giant $185 […]

todayJuly 10, 2017 35

Business & Lifestyle

Governor Rauner replaces chief aide with libertarian group Illinois Policy Institute’s CEO

SPRINGFIELD (Heartland Newsfeed) – Gov. Bruce Rauner is replacing his chief of staff with the head of the libertarian-leaning Illinois Policy Institute. Rauner announced Richard Goldberg is stepping down effective Monday. The new chief of staff will be Kristina Rasmussen, who served as president and chief operating officer of the Illinois Policy Institute. Rauner has previously donated to the group and hired other staff from the organization, which runs a legal center and a news service. Rauner cites Rasmussen's work […]

todayJuly 10, 2017 79

Business & Lifestyle

Watchdog group tells Marshall paper to stop printing lies

MARSHALL (Heartland Newsfeed) -- Terry Stepp was never asked to print 55,000 pages of data to comply with Freedom of Information Act (FOIA) requests, and Gary Strohm, publisher of the Marshall Advocate, should refrain from printing such false accusations, the Edgar County Watchdogs (ECW) contended recently. Stepp, the former Clark County Park District commissioner, allegedly told Strohm that the district had received FOIA requests that would have cost more than $ 40,000 to satisfy, amounting to 55,000 pages. “Both of […]

todayJuly 10, 2017 42

Business & Lifestyle

Effingham accused of ignoring court-ordered hiring practice

EFFINGHAM (Heartland Newsfeed) -- Despite being directed by a court to employ an assistant state’s attorney for legal issues regarding Altamont Ambulance, Effingham County never technically employed Chris Koester, who nevertheless received at least $62,000 in compensation, according to the Edgar County Watchdogs (ECW). “Does anyone see a problem when an Assistant State’s Attorney, who by law is an employee, can bill for conversations with his boss, the State’s Attorney?” ECW co-founder Kirk Allen wrote. “The whole purpose of setting […]

todayJuly 9, 2017 73

Business & Lifestyle

Nevada governor backs emergency regulations amid marijuana shortage

Daniel Uria United Press International CARSON CITY, Nev. (UPI) -- Nevada Gov. Brian Sandoval endorsed emergency regulations to combat a shortage of marijuana at legal recreational retailers in the state. The state law legalizing recreational marijuana starting this month dictated that wholesale alcohol distributors be granted exclusive rights to transport marijuana for the first 18 months of legal sales, but a lack of approved distributors has created a potential shortage, the Reno Gazette-Journal reported. "Based on reports of adult-use marijuana sales already […]

todayJuly 8, 2017 32

Business & Lifestyle

U.N. member countries approve global nuclear treaty

Danielle Haynes United Press International NEW YORK (UPI) -- The United Nations formally adopted a treaty banning nuclear weapons Friday in New York City after months of talks and some seven decades of hoping for a similar agreement. Representatives from more than 120 of the 192 member countries in the United Nations endorsed the Treaty on the Prohibiting Nuclear Weapons. All member states are able to sign the treaty during the General Assembly on September 20. Nearly all countries that bear nuclear […]

todayJuly 7, 2017 29

Business & Lifestyle

After powder scare, Illinois overrides governor for first budget in 3 years

Doug G. Ware United Press International SPRINGFIELD, Ill. (UPI) -- The Illinois legislature on Thursday voted to override the governor and usher in a tax hike and balance the budget -- something the state hasn't been able to do in more than three years. A bipartisan Illinois House voted 72-41 to supersede Gov. Bruce Rauner, who had vetoed the measures -- fearing they would only lead to more tax increases in the near future. Thursday's vote marked the first time since 2014 that […]

todayJuly 6, 2017 32

Business & Lifestyle

‘Shocked’ NYC judge orders ex-pharma exec Shkreli to ‘stop talking’

Doug G. Ware United Press International NEW YORK (UPI) -- The first gag order given to former pharmaceutical executive Martin Shkreli at his New York City fraud trial apparently wasn't enough. A federal judge at Shkreli's proceedings on Wednesday issued a revised gag order against the controversial figure -- in response to a fiery public rant he made last week and a number of postings on what could be his new Twitter account. Shkreli, former head of Turing Pharmaceuticals, is facing trial on federal securities […]

todayJuly 6, 2017 30

Business & Lifestyle

Raymond board discusses success of Independence Day celebration, hires part-time officer at meeting Monday

RAYMOND (Heartland Newsfeed) -- In the meeting of the Raymond Village Board on Monday, July 3, the board approved their 2017-18 fiscal budget and hired a part-time officer on a probationary basis among other items of discussion. Before going into committee discussions, a brief announcement from Police Chief Valerie Sheldon involved some discussions with an individual who has expressed interest in helping in the village’s department on a part-time basis. After discussions with this individual, learning about his educational and training […]

todayJuly 5, 2017 39

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