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Business & Lifestyle

Trading oil no longer intrigues T. Boone Pickens

DALLAS (UPI) -- After a "roller coaster ride" that saw $100-per-barrel swings in crude oil prices, tycoon and former oil man T. Boone Pickens said he's bored with trading oil. The 89-year-old investor, who nine years ago launched The Pickens Plan, designed to drive the U.S. energy sector away from its dependence on foreign oil, said in a statement he was shutting down his oil- and gas-commodity focused BP Capital. Launched after he left Mesa Petroleum in the 1990s, Pickens said he's seen oil move […]

todayJanuary 13, 2018 107

Business & Lifestyle

Circuit City to relaunch as online store in February

LAS VEGAS/NEW YORK (UPI) -- Electronics retailer Circuit City announced it plans to relaunch its brand after going out of business. Circuit City CEO Ronny Shmoel announced the brand relaunch at the Consumer Electronics Show in Las Vegas on Monday, stating it will focus on the retail verticals of e-commerce, mobile, technology, omni-channel commerce. "Under new ownership, Circuit City will relaunch with a dynamic, social-focused e-commerce site, along with various concepts of innovative retail stores, and unprecedented e-commerce technology offerings," the company said. […]

todayJanuary 11, 2018 39

Business & Lifestyle

Dropbox confidentially files for IPO

SAN FRANCISCO (UPI) -- File-storage company Dropbox confidentially filed for a U.S. initial public offering Thursday, people familiar with the matter said. The company, valued at $10 billion, is expected to make the public offering led by Goldman Sachs Group Inc. and JPMorgan Chase & Co. in the first half of this year, Bloomberg reported. Non-public filings have occurred more often since July, when the U.S. Securities and Exchange Commission began allowing all companies to file early IPO documents confidentially. A total of 26 U.S. […]

todayJanuary 11, 2018 41

Business & Lifestyle

COUNTRY Financial to award area students $20,000 in scholarships

NOKOMIS (Heartland Newsfeed) -- The Central Illinois COUNTRY Financial® representatives are offering ten $2,000 scholarships to college-bound students in the area. Students who graduated, or will graduate from Sangamon, Menard, Macoupin, Montgomery, Cass, Morgan and Greene county high schools have the opportunity to apply for the COUNTRY Financial Community Scholarship. More information about the COUNTRY Financial Community Scholarship and other scholarships offered through the Community Foundation for the Land of Lincoln can be found now through December 31, 2017 at: http://www.cfll.org/Home.aspx Students may […]

todayJanuary 9, 2018 121

Business & Lifestyle

ESPN fires analysts Donovan McNabb, Eric Davis

BRISTOL, Ct. (UPI) -- Former NFL players Donovan McNabb and Eric Davis were fired by ESPN following an investigation of sexual misconduct allegations while the pair worked for the NFL Network. "They are no longer working for us," ESPN said in a statement released Saturday. McNabb and Davis were among those named in a lawsuit by former NFL Network employee Jami Cantor, who sued NFL Enterprises in Los Angeles Superior Court in October. The NFL Network announced on Dec. 12 that they were suspending Pro Football Hall […]

todayJanuary 7, 2018 31

Business & Lifestyle

HP recalls computer batteries due to fire and burn hazards

PALO ALTO, Calif. (UPI) -- Hewlett-Packard has recalled 50,000 lithium-ion batteries for notebook computers and mobile workstations, according to a news release. The batteries can overheat and pose fire and burn hazards, according to a statement released Thursday by the United States Consumer Product and Safety Commission. The computer company received eight reports of battery packs overheating, melting or charring, including three reports of property damage totaling $4,500. One incident included a first-degree burn to a person's hand. The batteries include the […]

todayJanuary 6, 2018 30

Business & Lifestyle

State’s Invest in Kids program attracts $36 million in first day

SPRINGFIELD (Heartland Newsfeed/Patch Springfield) -- A new program in Illinois called Invest in Kids, which allows low-income and middle-income students the opportunity to attend private and alternative schools that best meet their educational goals, attracted more than $36 million in contribution pledges in its first day of the program launch on Tuesday, Jan. 2, when they first began accepting applications, according to an announcement made today by Gov. Bruce Rauner. Taxpayers can contribute up to $1.3 million to eligible organizations and […]

todayJanuary 4, 2018 70

Business & Lifestyle

USDA Rural Development grant awarded to Village of Coalton

COALTON (Heartland Newsfeed) -- The village of Coalton has been awarded a grant through the U.S. Department of Agriculture's (USDA) Rural Development Community & Facility Grant program to purchase a new dump truck, according to a press release made available Wednesday by the Montgomery County Economic Development Corporation (MCEDC). The new truck purchased with the grant replaces a very old and worn out truck that the village has used for years and will allow the village to continue daily operations […]

todayJanuary 3, 2018 79

Business & Lifestyle

Lincoln Land EREC to hold College Now informational meeting

TAYLORVILLE (Heartland Newsfeed) -- Lincoln Land Community College's Eastern Region Educational Center (EREC) in Taylorville will host an information meeting Monday evening, Jan. 8, about the LLCC College Now program for area high school freshmen, sophomores and juniors as well as their parents or guardians. The meeting will take place from 6-7 p.m. in the south building of the EREC, located at 800 S. Spresser, in Room 1126. No registration is necessary. College Now enables students to earn both high […]

todayJanuary 3, 2018 48

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