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Business & Lifestyle

Kankakee auditor warns that additional revenue is not ‘extra money’

Kankakee County's auditor has a warning: Just because there's going to be some extra income this year doesn't mean the county should spend it. Jacob Lee recently released the county’s fiscal year 2017 first quarter financial report, which shows the county on track to have greater revenue than expenditures, but the county is not financially sound, he said, according to a press report. “All things being equal, current projections indicate that there will be more revenue than expenditures this year,” […]

todayJune 13, 2017 5

Business & Lifestyle

Dennis Rodman to visit North Korea, first time in 3 years

Elizabeth Shim United Press International PYONGYANG, North Korea (UPI) -- Retired basketball Hall-of-Famer Dennis Rodman is to land in Pyongyang on Tuesday, according to a report from CNN. Two officials who spoke to the news network said Rodman, 56, is visiting the country ruled by dictator Kim Jong Un. Rodman described Kim as his "best friend" in January 2014, the last time he visited the country. Tensions have increased dramatically between the United States and North Korea since that time. North […]

todayJune 13, 2017 19

US Supreme Court backs quicker approval of drug copies
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Business & Lifestyle

U.S. Supreme Court backs quicker approval of drug copies

Allen Cone United Press International WASHINGTON, D.C. (UPI) -- The U.S. Supreme Court unanimously ruled Monday that biotech drug copies -- called biosimilars -- can become available to consumers quicker. Writing for the court, Associate Justice Clarence Thomas said that the decision was not based on policy arguments, but rather, the "plain language" of the biosimilar statue itself. The nine justices overturned a lower court's decision that had prevented Swiss pharmaceutical company Novartis AG from selling its injectable version of […]

todayJune 12, 2017 23

Business & Lifestyle

Pork-buying tourists get some free lessons at U of I

International buyers from countries throughout Asia, Central America and South America visited the University of Illinois Urbana-Champaign (UIUC) recently as part of this year’s Illinois Pork Tour, organized by the Illinois Department of Agriculture. According to a release from the department, the participants visited the College of Agricultural, Consumer and Environmental Sciences (ACES) and heard talks from a number of UIUC faculty and associates. They learned about the benefits of soy from the Illinois Soybean Association, and UIUC’s large animal […]

todayJune 12, 2017 31

Business & Lifestyle

S. Korea suggests 2030 World Cup bid to include N. Korea

Ed Adamczyk United Press International SEOUL, South Korea (UPI) -- South Korean President Moon Jae-in proposed a joint effort Monday with North Korea to bring the 2030 World Cup soccer tournament to northeast Asia. The suggestion was presented to FIFA President Gianni Infantino as he visited Seoul to attend the FIFA Under-20 final match. "If East Asian countries, including the two Koreas, host the World Cup, I think this will help ease tensions on the Korean Peninsula as well as the […]

todayJune 12, 2017 27

Business & Lifestyle

Microsoft unveils new gaming system as Xbox One X

Allen Cone United Press International LOS ANGELES, Calif. (UPI) -- Microsoft unveiled its new gaming system, the new Xbox One X, on Sunday at the annual E3 Expo in Los Angeles, saying it's "the most powerful console ever made". Microsoft will roll out the new gaming system -- promoted as Project Scorpio -- on Nov. 7. The company had given some information about the model but announced Sunday its actual name, its availability and its $499 price. The new Xbox can […]

todayJune 12, 2017 10

Business & Lifestyle

Man credited with inventing Hawaiian pizza dies

Danielle Haynes United Press International LONDON, Ontario, Canada (UPI) -- The man many credit with inventing the Hawaiian pizza -- Canadian bacon and pineapple -- died at a hospital in Canada, according to his obituary. He was 83. Sam Panapoulos died Thursday at University Hospital in London, Ontario. The Greek native emigrated to Canada in 1954 when he was 20 and opened a number of restaurants with his two brothers. Panapoulos said he invented the pizza in 1962 when he was […]

todayJune 11, 2017 23

Business & Lifestyle

Winning Powerball ticket worth $447.8M sold in California

Danielle Haynes United Press International SUN CITY, Calif. (UPI) -- At least one winning Powerball ticket worth an estimated $447.8 million was sold in California, the seventh largest jackpot in U.S. lottery history. Lottery officials said one winning ticket was sold in Riverside County, though it's not clear if more than one ticket matched all five numbers plus the Powerball. Saturday's winning numbers were 20, 26, 32, 38 and 58 with a Powerball of 3. "We will not know who California's […]

todayJune 11, 2017 24

Business & Lifestyle

Striking Twice? Lightning’s Joseph Poon Takes On Ethereum Exchange Project

While cryptocurrency innovation normally calls for 'banking the unbanked', Omise, a new startup, has an opposite goal: 'unbanking the banked'. With help from Joseph Poon, co-author of Bitcoin's Lightning Network white paper, the Thailand-based payment gateway network is building an Ethereum-based decentralized exchange to move toward that goal. The exchange, which Poon has written another white paper for, is directly built into the company's proof-of-stake blockchain names OmiseGo. Upon completion, users will be able to trade fiat currencies like the U.S., Canadian and […]

todayJune 10, 2017 14

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