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Business News

Illinois considers following other U.S. states in buying hacking insurance

SPRINGFIELD (Illinois News Network) -- With data breaches becoming more and more common, states are beginning to join corporations in getting insured for data breaches. Despite a 2016 breach of voter data, Illinois is still on the fence about getting coverage. A survey of 42 state chief information officers released last month showed a growing number of them are putting taxpayer dollars into insurance plans against data breaches. Thirty-eight percent said their state had taken up an insurance plan compared to 20 percent […]

todayNovember 28, 2017 47

Business & Lifestyle

Read this before you buy someone Bitcoin as a gift

This story is part of a new MarketWatch series, “Gifts that pay off.” Between now and Dec. 25, we will look at gifts that could potentially earn the recipients money or improve their lives. (MarketWatch) -- Digital currency Bitcoin has gone from a strange fringe trend to a mainstream technological phenomenon in the past year, exploding in value to more than $10,000 per coin. While some people warn that the currency is a bubble doomed to pop, others say it’s […]

todayNovember 28, 2017 99

Automotive News

Season 2 of Amazon’s The Grand Tour to guest star David Hasselhoff, Keifer Sutherland

LONDON/SEATTLE (UPI) -- Amazon has announced the guest stars slated to appear in Season 2 of its car-themed docu-series The Grand Tour. Among those booked are Luke Evans, Kiefer Sutherland, Hugh Bonneville, Kevin Pietersen, Dominic Cooper, Dynamo, Rory Mcllroy, Michael Ball, Ricky Wilson and Alfie Boe. "I'm basically an actor, I'm not really a good driver, but I just look good doing it," David Hasselhoff -- who starred in the 1980s, talking-car, action-drama Knight Rider -- said in a statement. "I'm fiercely competitive and whilst I […]

todayNovember 28, 2017 46

Business & Lifestyle

Illinois’ stagnant sales tax revenue indicator of flat economic activity

SPRINGFIELD (Illinois News Network) -- The state of Illinois is collecting more from individual workers' and businesses’ income, but the indication from other revenue sources is the state’s economy is flat. A tax professional says state lawmakers haven’t advanced solutions to grow the state’s economy. Illinois Commission on Government Forecasting and Accountability (COGFA) Revenue Manager Jim Muschinske said individual income tax revenues are up from the year before, as are corporate tax receipts. From October of last year to this […]

todayNovember 28, 2017 20

Automotive News

Illinois could be one of the first states to have driverless vehicles on its roads

SPRINGFIELD (Illinois News Network) -- The head of the Illinois Department of Transportation says driverless cars are closer to the state’s roadways than you think. IDOT Director Randy Blankenhorn told a City Club of Chicago crowd earlier this month that the state is actively courting driverless vehicle testers to begin running on Illinois’ roadways. He says a task force with his department, the state police, the Secretary of State, and others are working to ensure Illinois is ready to be one […]

todayNovember 28, 2017 23

Business & Lifestyle

MST3K renewed by Netflix for 12th season

LOS ANGELES (UPI) -- Mystery Science Theater 3000 will return on Netflix for a 12th season. MST3K creator Joel Hodgson, and cast members Felicia Day and Jonah Ray made the renewal announcement in a YouTube video Thursday. Also co-starring Patton Oswalt, Rebecca Hanson, Hampton Yount and Baron Vaughn, the series features characters sitting in a theater making fun of old, low-budget movies. Season 11 of the re-vamped show debuted on Netflix last spring after Hodgson and Shout Factory, the company that holds the rights […]

todayNovember 25, 2017 72

Business & Lifestyle

More than 300 Chicago government employees receive layoff notices before Thanksgiving

CHICAGO (UPI) -- More than 300 government employees in Chicago learned they would lose their jobs just two days before Thanksgiving, due to budget cuts. Cook County commissioners voted unanimously for a $5.2 billion budget that required 321 public employees be cut, the Chicago Tribune reported. The lay-offs are expected to begin next month. County officials blamed the slimmed-down budget on the repeal of a penny per ounce soft drink tax that was repealed this year. "Laying off more than 300 of […]

todayNovember 23, 2017 28

Business & Lifestyle

BERG: Small businesses are the lifeblood of Illinois, but they’re treated like dirt

(Illinois News Network) -- Nov. 25 marks the arrival of Small Business Saturday across the nation. And Illinoisans have a lot to appreciate. For all the talk of big-box dominance, mom and pop shops are the Land of Lincoln’s economic workhorses. Businesses with fewer than 50 employees created the vast majority (75 percent) of net new jobs in Illinois last year, according to the Bureau of Economic Analysis. And during the economic recovery from 2011 to 2016, businesses with fewer than […]

todayNovember 23, 2017 37

Business & Lifestyle

McCALEB: Reasons to be thankful in tax-and-spend Illinois

(Illinois News Network) -- Many Illinoisans will be hard-pressed this week to find something to be thankful for with regard to a state government that is taxing and spending its way to insolvency. The General Assembly passed a $5 billion income tax increase well beyond the end of the scheduled legislative schedule that went into effect retroactive to July 1. And yet the spending plan that was approved alongside that tax hike still is nearly $2 billion out of balance. So […]

todayNovember 23, 2017 28

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