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Automotive News

BMW recalls 1.4 million vehicles over fire risk

WOODCLIFF LAKE, N.J. (UPI) -- German automaker BMW announced Friday it is recalling 1.4 million vehicles in North America over fire risks. The company issued two recalls with the National Highway Traffic Safety Administration. The first affects some 740,000 vehicles, including the 1-, 3- and 5-Series, Z4, X3 and X5 from model years 2007-11. These vehicles may develop a rusty crankcase ventilation valve, posing a fire risk. The second recall is for about 673,000 vehicles, which have faulty heating and air conditioning wiring. Electrical […]

todayNovember 4, 2017 4

Business & Lifestyle

GOP billionaire donor Mercer leaves firm, sells stake in Breitbart News

LOS ANGELES (UPI) -- Conservative billionaire donor Robert Mercer on Friday announced he will step down as co-CEO of a $97 billion investment fund and sell his stake in Breitbart News. In a letter to investors, Mercer said his daughters will obtain his share of the conservative news outlet, which recently re-hired former White House strategist Steven Bannon as its executive chairman. Mercer indicated in the letter that he and Bannon have experienced political differences. "I have great respect for Mr. Bannon, and […]

todayNovember 4, 2017 4

Business & Lifestyle

Reports: Broadcom making return to US, plans to buy Qualcomm in bid

WASHINGTON (UPI/Reuters) -- Broadcom Ltd. will bring $20 billion in revenue to the United States when it relocates its headquarters from Singapore, President Donald Trump said Thursday when he hosted the CEO of the semiconductor company at the White House. Trump hailed the announcement during remarks he made in the Oval Office on jobs and the Republican tax plan. "They employ over 7,500 American workers in many states across our country," the president said of Broadcom. "And we're looking forward to seeing that number […]

todayNovember 4, 2017 12

Business & Lifestyle

Tesla shares drop after posting wider-than-expected loss

PALO ALTO, Calif. (CNBC) -- Tesla shares fell Wednesday after the company posted a wider-than-expected loss as it spent heavily to ramp up production of its Model 3, its first mass market electric sedan. Complications with Tesla's manufacturing processes have slowed production of the Model 3, a car widely considered key to Tesla's future success. Hopes for the Model 3 have helped propel Tesla's stock so far this year. But in a letter to shareholders, Tesla warned it expects to […]

todayNovember 3, 2017 5

Business & Lifestyle

WWE releases Emma, Darren Young, Summer Rae from their contracts

STAMFORD, Conn. (UPI) -- World Wrestling Entertainment (WWE) announced it has come to terms on the releases of Emma, Darren Young and Summer Rae. "WWE wishes them the best in all of their future endeavors," the organization said on its website Sunday, without offering further details about their departures. ESPN.com said this is the first time since May 6, 2016, that the WWE has announced the releases of multiple athletes. On that day, Wade Barrett, Damien Sandow, Santino Marella, Alex Riley, Cameron, El Torito, Hornswoggle […]

todayOctober 31, 2017 20

Business & Lifestyle

Facebook release: We’re now requiring disclosures for political ads

MENLO PARK, Calif. (UPI) -- Facebook on Friday said it is going to start requiring buyers of political advertisements to verify their identities and disclose who paid for the ads. The move brings Facebook political ads in line with federal requirements on political ads in print and broadcast. Under current U.S. law, digital platforms like Facebook, Google and Twitter aren't required to disclose who buys political ads the way more traditional media are required to like television and radio. Facebook, along with other […]

todayOctober 28, 2017 3

Business & Lifestyle

White House, FEMA statements: we have no involvement in restoring electricity to Puerto Rico

WASHINGTON/SAN JUAN, P.R. (UPI) -- The White House and the Federal Emergency Management Agency each said Friday they had nothing to do with the hiring of a small Montana company to restore electricity in Puerto Rico. A White House spokesman said President Donald Trump's administration wasn't involved in the decision, which has generated controversy among lawmakers on Capitol Hill. "Our understanding is the decision to give a contract to Whitefish Energy was made exclusively by Puerto Rico Electric Power Authority," the spokesman said […]

todayOctober 27, 2017 16

Business News

Carlinville accused of shunning information requests, costing taxpayers in the process

CARLINVILLE (Heartland Newsfeed) -- According to a recent Illinois Leaks report from governmental watchdog group Edgar County Watchdogs (ECW), Carlinville mayor Deanna Demuzio has been doing everything to keep her constituents in the dark. ECW states in the report that Demuzio and city representatives have repeatedly denied granting requests based on the Freedom of Information Act (FOIA), resulting in subsequent complaints filed with Attorney General Lisa Madigan. These denials accrued as much as $1,000 or more for each instance before […]

todayOctober 24, 2017 6

Business & Lifestyle

New program at Blackburn College keeps college education affordable

CARLINVILLE (Heartland Newsfeed) -- A new program at Blackburn College will now meet financial needs of both in-state students, as well as those students from throughout the United States. The new program, called the Blackburn Promise, has generated much interest at the college, a nationally-recognized liberal arts school located 60 miles northeast of St. Louis. Blackburn is already well-known for its student work-study program, one of only eight schools in the nation and the only program that is student-managed. Blackburn's […]

todayOctober 16, 2017 8

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