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Business & Lifestyle

Illinois Democrats seeking more than $40 billion in Federal bailout funds for pensions, budget deficits

SPRINGFIELD (The Center Square) -- Illinois lawmakers – citing the state’s pension costs, budget shortfalls, and empty unemployment trust – are asking for more than $40 billion in no-strings-attached aid from the federal government. In a letter to the state's Congressional delegation, Senate President Don Harmon said Illinois state government is projecting significant budget shortfalls in the current, coming and preceding fiscal years. “Illinois could see an estimated revenue loss of $14.1 billion for 2020-2021 due to this pandemic,” they said […]

todayApril 17, 2020

Business News

Will the EPA mercury rule change spur attacks on other clean air protections?

SPRINGFIELD (Illinois News Connection/Public News Service) -- Even as the country battles a respiratory pandemic, the Environmental Protection Agency (EPA) has moved to weaken an air pollution standard. The EPA finalized changes Thursday to the 2012 Mercury and Air Toxics Standards (MATS). It is the first-ever national limits on emissions of mercury and other air pollutants from coal-fired power plants. Browner: 'EPA is only adjusting cost-benefit calculations' Carol Browner is the board chair at the League of Conservation Voters and former […]

todayApril 17, 2020

Business & Lifestyle

Your mortgage and the impact by the coronavirus epidemic

Because of the coronavirus, many people are facing financial challenges, including paying their mortgage. If you’re unable to make your mortgage payments, a foreclosure could cause you to lose your home. Federal and some private lenders are offering borrowers temporary help. This includes stopping or delaying foreclosure or modifying the mortgage. However, these measures don’t apply to everyone. If you need help, research the options available to you for getting through these tough times. Learn about available Federally-backed mortgage relief […]

todayApril 17, 2020

Business & Lifestyle

How online businesses are coping during the COVID-19 pandemic

There are many businesses being forced to close during the COVID-19 pandemic. Some businesses may never recover while some are thriving more than ever. Amazon has taken the biggest boost and is making millions upon millions through online shopping. As the high streets close down, the second best and only way to receive goods is through online retailers. Businesses should also be aware despite their struggle in terms of sales. However, it is vital that their online business remains a […]

todayApril 17, 2020

Business & Lifestyle

Interested buyers seeking to purchase the XFL

(Heartland Newsfeed) -- Hold on to those assumptions about the XFL being gone forever. A suspension of team operations began March 20 following Week 5. Additionally, an indefinite suspension of league operations began on April 10 following an announcement. This would lead to staff contract terminations as a result. The league and parent company Alpha Entertainment filed for Chapter 11 bankruptcy protection on Monday, which allows for the restructuring of both operations. The filing also opens up the opportunity to […]

todayApril 16, 2020

Business & Lifestyle

What to know about restaurant gift card offerings

If you’re looking for a way to increase your restaurant profits and keeping your customers happy, consider gift card offerings. They can make up for a great source of revenue even during difficult times. This is especially true when the entire restaurant community is experiencing a continuous decline in sales. How do gift cards help restaurants? Gift cards are the best way to encourage your customers to visit your restaurant regularly. Since they have a chance to redeem their cards […]

todayApril 16, 2020

Business & Lifestyle

Furloughs, pay cuts in WWE leads to talent releases

STAMFORD, Conn. (Heartland Newsfeed) -- Unforeseen economic struggles as a result of the COVID-19 coronavirus epidemic has forced WWE to make some drastic changes Wednesday. WWE announced changes to staffing and compensation packages for executives among other measures, according to a report from Wrestling Observer's Josh Nason. A press release reveals these actions, which include decreasing operational expenses, cutting talent, staffing and consulting costs and delaying the headquarters move from Titan Towers by six months. WWE was identifying headcount reductions, making […]

todayApril 16, 2020

Business & Lifestyle

The coronavirus retail survival guide

Retail businesses are facing an unprecedented situation in the face of the coronavirus outbreak. Physical stores are closing down temporarily all over the world. Consumer spending has slowed down considerably as people stock up on essential goods to weather out the pandemic. The time ahead will be full of tough challenges. To do our part to help retail businesses, this blog discusses steps they can take to survive despite the massive global economic slowdown. We base our guide on a […]

todayApril 16, 2020

Business & Lifestyle

Five side investments solopreneurs can make money on

As an entrepreneur, taking risks to earn money is part of the job. You do your due diligence, conduct the necessary research, and weigh up the risks and benefits of each movement. This applies not just to your business, but your personal finances as well. But where should you begin? Below, we’ve created a comprehensive list of where you can start your passive income portfolio. Wise stock market trades help earn money One of the many ways to diversify your […]

todayApril 14, 2020

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