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Business & Lifestyle

LLCU CEO Harris resigns, CFO Althoff named interim CEO

DECATUR (Heartland Newsfeed) -- Land of Lincoln Credit Union (LLCU) announced in a press release Thursday that Chief Executive Officer Doug Harris will be resigning from his position effective Friday. The credit union's board of directors will be seeking a successor in the upcoming months. "It has been a tremendous privilege to lead the employees of LLCU," Harris said in a statement. "I am proud to have worked with amazing colleagues and feel like we have made a significant impact […]

todayMarch 8, 2018 80

Business & Lifestyle

Coinbase hit with two class-action lawsuits, one claiming insider trading

SAN FRANCISCO (Heartland Newsfeed) -- The popular cryptocurrency exchange Coinbase will be facing two new class-action lawsuits in Federal court, one of which accuses the exchange of insider trading. The first suit, filed Thursday, claims that Coinbase employees unfairly profited from the December listing of Bitcoin Cash (BCH), citing that the August spinoff from Bitcoin (BTC) and December 19 trading launch resulted in the price skyrocketing to nearly $1,000. Additionally cited that while this news was a surprise to everyone, […]

todayMarch 6, 2018 56

Business & Lifestyle

Proposed FARM Act means less regulation for Illinois farmers

SPRINGFIELD/WASHINGTON (Illinois News Network) -- The proposed Fair Agricultural Reporting Method (FARM) Act gives farmers one less regulation to follow and one less burden to bear. Under the FARM Act, which was recently introduced in the U.S. Senate, farmers nationwide would be exempt from having to report emissions from the natural process of manure breaking down on their land and one expert said that’s a good thing. Tasha Bunting, the assistant director of Commodities and Livestock for the Illinois Farm Bureau, […]

todayMarch 5, 2018 65

Business & Lifestyle

Bourne proposes legislation to repeal the estate tax

LITCHFIELD (Heartland Newsfeed) -- Agriculture runs deep in our American heritage and has been a key component of our state’s history. Illinois, with over 72,000 farms that cover 27 million acres, is an agricultural powerhouse that should be recognized and fostered. One crippling challenge for many Illinois farming families is how to pass the farm on to the next generation after the death of the owner. Currently, Illinois’ estate tax law disproportionately impacts small family farms. The value of these farms, […]

todayMarch 4, 2018 81

Business & Lifestyle

Litchfield ponders 12-year extension of TIF District 1

LITCHFIELD (Heartland Newsfeed) -- With four years remaining on the current tax increment fund (TIF) in District 1, the City of Litchfield presented their case to fellow taxing bodies as to why this district needs extended for an additional 12 years during an informational hearing which took place at the Litchfield Community Center on Wednesday, Feb. 21. "TIF districts address private investment in areas where private investment is not occurring," according to Mike Weber from St. Louis-based PGAV Planners during […]

todayFebruary 27, 2018 115

Business & Lifestyle

McDonald’s is bringing back a sauce that led to riots

OAK BROOK, Ill. (Heartland Newsfeed) -- A product featured on popular animated television program Rick & Morty, which triggered multiple riots in 2017, is prepared to make a comeback in 2018. McDonald's announced in a recent statement that they are bringing back Szechuan sauce and will ship out 20 million packets to all U.S.-based restaurants. The condiment was initially served in 1998 to promote the movie Mulan. Rick & Morty, a science-fiction comedy cartoon which airs on Turner Broadcasting's Adult […]

todayFebruary 25, 2018 45

Business & Lifestyle

Paying attention to the newest case in the Supreme Court? Meet the Illinois man responsible for it

SPRINGFIELD/WASHINGTON (Heartland Newsfeed) -- Mark Janus received his first lessons about public service at an early age, while growing up in Springfield as a member of the Boy Scouts in the area. His dedication would eventually led to him becoming an Eagle Scout. Today, he passes along his knowledge and wisdom to young men and women from the state capital in Springfield while leading scouting trips to Florida. Janus' public service isn't limited and doesn't end with merit badges and […]

todayFebruary 25, 2018 53

Business & Lifestyle

Everything coming to Netflix in March — and what’s leaving

LOS GATOS, Calif. (Heartland Newsfeed) -- Netflix Inc. continues to throw its weight around and zero in on luring Hollywood’s top creative talent to make shows and films exclusively for the streaming platform. Last week, the streaming giant said it inked an exclusive deal with Ryan Murphy and his production company worth a reported $300 million. Netflix had signed a reported $100 million deal with Shonda Rhimes before that, and has since signed deals with Matt Reeves, Jenji Kohan and […]

todayFebruary 24, 2018 62

Business & Lifestyle

Truckers worried about new Federal logging mandate

SPRINGFIELD (Illinois News Network) -- Some truckers say they are wary over a new Federal mandate regarding driving and break hours. Don Schaefer, executive vice president of the Midwest Trucker’s Association, said the mandate in question is a Federal mandate put in place in December. Schaefer said the mandate requires a device similar to airplane black boxes that track drive and rest times. “It is a regulation that requires most of your over-the-road truckers and your long-distance (truckers) to have what, […]

todayFebruary 24, 2018 25

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