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Business News

1018 Results / Page 79 of 114

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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

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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

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

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

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

Business & Lifestyle

AT&T to test 5G mobile network in Atlanta, Dallas, Waco

DALLAS (UPI) -- Two Texas cities -- Dallas and Waco -- and Atlanta have been selected as the first places in the United States to see AT&T's mobile 5G network, considered the next generation of wireless network technology. A company announcement Tuesday said the three cities are among the first 12 that will have the capability by the end of the year. AT&T said the other nine cities will be named in coming months. "This is standards-based, mobile 5G we're talking about. AT&T […]

todayFebruary 21, 2018

Business & Lifestyle

YMCA planning new gym with commitment to stay in downtown Springfield

SPRINGFIELD (Heartland Newsfeed) -- There is much speculation regarding the construction of another new facility for the Springfield YMCA, as the Y and Memorial Medical Center (MMC) have been in ongoing discussions with intent to keep it in downtown Springfield. The question that is being asked is where it will be constructed. The negotiations are just part of preliminary discussions between the two outfits since early 2017 and it is uncertain whether any information released is currently true or is […]

todayFebruary 19, 2018

Business & Lifestyle

Guitar company Gibson reportedly facing bankruptcy

NASHVILLE, Tenn. (Heartland Newsfeed) -- According to a report, Gibson, the iconic guitar brand whose Les Paul and SG instruments have been played by generations of musicians including Slash, Bob Marley and Carlos Santana since its 1902 founding in Kalamazoo, Mich., could be on the brink of bankruptcy.   Bill Lawrence, Gibson's chief financial officer, recently left the firm six months prior to $375 million in senior-secured notes were due to mature, according to a report by the Nashville Post […]

todayFebruary 19, 2018

Business & Lifestyle

Shrinking Decatur to face budgetary hurdles in coming year

DECATUR (Illinois Policy Institute) -- After passing an unbalanced budget in 2017, Decatur will have to address its declining population and revenue as it looks ahead to crafting future budgets. Gov. Bruce Rauner’s budget proposal for fiscal year 2019 continues a reduction to a state financial shell game. While ultimately a benefit for Illinois taxpayers, it’s a move that will force shrinking cities to reform local finances. As part of the fiscal year 2018 budget state lawmakers passed in July 2017, […]

todayFebruary 19, 2018

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