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Business News

1000 Results / Page 84 of 112

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Business & Lifestyle

Decatur passes budget out of balance by $3 million

DECATUR (Heartland Newsfeed/Illinois Policy Institute) -- As its population and tax base erode, the city of Decatur passed a budget for fiscal year 2018 more than $3 million in the red. The Decatur City Council passed a budget more than $3 million out of balance Dec. 4, citing growing costs and declining revenues. The shortfall is a combination of deficit costs and a decline in multiple revenue streams – including revenue from sales taxes, cables taxes and hotel taxes, which […]

todayDecember 7, 2017 16

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Business & Lifestyle

Downstate Republican senator: Illinois should legalize marijuana

SPRINGFIELD (Illinois News Network) -- Add a Republican senator from Central Illinois to the growing list of Illinois lawmakers who say the state should legalize recreational marijuana. State Sen. Jason Barickman (R-Bloomington) says he is ready to support legal, recreational marijuana if the law is written correctly. "I think fiscal conservatives need to be in this debate," Barickman said Tuesday. "It is inevitable that this is going to happen. Our opportunity is either to sit on the sidelines and watch […]

todayDecember 7, 2017 8

Automotive News

Anheuser-Busch orders 40 new electric Tesla semis

ST. LOUIS (UPI) -- To reduce its carbon footprint, beer maker Anheuser-Busch said Thursday it's ordered 40 new, fully electric Tesla semis equipped with a semi-autonomous pilot system. The company said the 500-mile-range hauler, unveiled last month, will be used for shipments within 150 to 200 miles of its brewery locations. Tesla CEO Elon Musk said last month the rig drives like a sports car and "will blow your mind clear out of your skull and into an alternate dimension." James Sembrot, Anheuser-Busch senior director of […]

todayDecember 7, 2017 7

Business & Lifestyle

Former UFC star Ronda Rousey reportedly close to finalizing wrestling contract with WWE

VENICE, Calif./STAMFORD, Conn. (UPI) -- Former UFC star Ronda Rousey was once at the top of the sport, but now she is turning her efforts toward World Wresting Entertainment. Two sources close to Rousey told USA Today that she is "finalizing details" for a move to WWE. Her move has not yet been officially announced. Rousey hasn't fought since her 2016 loss to Amanda Nunes at UFC 207. She suffered her first loss from a knockout in 2015 from Holly Holm. The 30-year-old has not officially […]

todayDecember 7, 2017 6

Business & Lifestyle

Five financial security freedoms you can’t afford to surrender

(Heartland Newsfeed) -- Most Americans work 40 to 50 years. That’s a huge time investment when you stop and think about it. That’s a long time to toil and end up getting little, if any, financial security out of all that hard work. Everybody wants financial independence in their golden years, but without a sound retirement planning strategy, many lose the freedoms they could have enjoyed. “Some freedoms are often taken for granted in this country, such as those you earn […]

todayDecember 7, 2017 4

Business & Lifestyle

Film about mobster John Gotti, starring John Travolta, dropped by Lionsgate ten days before expected release

LOS ANGELES (UPI) -- Just 10 days before its scheduled release, Lionsgate has decided not to release Gotti, a film about infamous mobster John Gotti starring John Travolta. The distribution company sold the film back to its producers, who will now meet with new distributors to release it, Tracking Board reported Tuesday. Gotti was supposed to hit theaters on Dec. 15, but will now likely not be released until early 2018, Fox News reported. The film also stars Travolta's wife, Kelly Preston, who plays Gotti's wife, Victoria Gotti. Gotti, which […]

todayDecember 6, 2017 4

Business & Lifestyle

Netflix fires ‘The Ranch’ star Danny Masterson citing sexual abuse allegations

LOS GATOS, Calif. (UPI) -- Netflix says it has fired Danny Masterson, who co-stars in its comedy series The Ranch alongside Ashton Kutcher, Debra Winger and Sam Elliott. "As a result of ongoing discussions, Netflix and the producers have written Danny Masterson out of The Ranch. [Monday] was his last day on the show, and production will resume in early 2018 without him," the streaming service said in a statement. The Hollywood Reporter said the 41-year-old actor will appear in the second half of Season 2 of The Ranch since the […]

todayDecember 5, 2017 5

Business & Lifestyle

L-3 awarded Navy T-45 Goshawk support contract

WASHINGTON (UPI) --  L-3 Communications Vertex Aerospace has been awarded a modified contract for services and support for 200 U.S. Navy T-45 Goshawk aircraft. The deal, announced Monday by the Department of Defense, is worth more than $37.6 million and modifies the terms of a previous award that was classified as a firm-fixed-price, indefinite-delivery, requirements contract. "This modification provides for additional organizational, intermediate, and depot level maintenance, logistics, and engineering services to support and maintain approximately 200 Navy T-45 Goshawk aircraft, […]

todayDecember 5, 2017 6

Business News

King Township holds public hearing regarding proposed property tax hike

MORRISONVILLE (Heartland Newsfeed) -- A public hearing will be held Monday, December 11 at 7 p.m. at the King Township building in rural Morrisonville. The agenda of the meeting is consideration of a proposed property tax levy hike within the township. The proposed change will only involve corporate and special purpose taxes, which will be a 14.6% hike to $148,522.68 for 2017 compared to $129,600.94 in 2016. Any individuals desiring to appear at the public hearing and present testimony to […]

todayDecember 4, 2017 17

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