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Business News

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Business & Lifestyle

Tropical Storm Katia becomes hurricane in Gulf of Mexico

TAMPICO, Mexico (UPI) -- Katia became the third hurricane active in the Atlantic on Wednesday, joining Irma and Jose, the National Hurricane Center said. Katia formed in the early morning in the southern Gulf of Mexico and by evening had strengthened into a Category 1 hurricane. The NHC said the storm is expected to stay off the coast of Mexico through Friday morning, making landfall sometime overnight. As of its 7 p.m. update, the NHC said Katia was 195 miles east of Tampico, […]

todaySeptember 6, 2017 7

Business & Lifestyle

Police officer Jeff Payne involved in Utah nurse arrest video fired from paramedic job

SALT LAKE CITY (UPI) -- A Utah police officer who arrested a Utah nurse for refusing to hand over a patient's blood sample has been fired from his job as a paramedic. Salt Lake City Police Det. Jeff Payne, who was also a part-time paramedic, was terminated by Gold Cross Ambulance after video was released last week in which he threatened to arrest University Hospital nurse Alex Wubbels. Video footage of the July 26 incident, taken from Payne's body camera, was given […]

todaySeptember 6, 2017 19

Business & Lifestyle

Watchdog report: Social Security Administration paid $38 million to dead veterans

WASHINGTON (UPI) -- The Social Security Administration paid out nearly $38 million to veterans that were already dead, according to an Inspector General report released last week. The Inspector General for the SSA found a systematic problem in which the SSA continues to send payments to veterans after they were listed as dead by the Veterans Administration. In other cases, the VA listed people as dead who were still alive. But the crux of the problem appears to be deaths that […]

todaySeptember 6, 2017 6

Business & Lifestyle

LEGO revenue down; 1,400 job cuts to follow

BILLUND, Denmark (UPI) -- LEGO said Tuesday it plans on 1,400 job cuts, as the toy-maker's half-year revenue is down 5 percent from last year. The news comes off a nearly decade-long period of growth for LEGO, where the company had become the world's most profitable toymaker and the second-largest by sales. The toy manufacturer has long been able to compete with competition from cellphone apps and video games. LEGO said it intends to reduce its workforce by 8 percent but […]

todaySeptember 5, 2017 3

Business & Lifestyle

Rep. Keith Wheeler saw school funding bill as rare chance to unite House

SPRINGFIELD (Heartland Newsfeed) -- The historic education funding reform enacted in Illinois last week is a compromise that will help students from all income levels, Rep. Keith Wheeler (R-Oswego) said as the House debated Senate Bill 1947 on August 28. “Ladies and gentlemen, this is a rare opportunity in my tenure here for us to actually look at what we can call a bipartisan success,” Wheeler said. “We haven’t done a lot of that lately. It’s time for us to […]

todaySeptember 4, 2017 3

Business & Lifestyle

Righter touted school funding formula as way to help poor families in lllinois

  SPRINGFIELD (Heartland Newsfeed) -- The new education funding reform model passed by the General Assembly last week will be a positive paradigm shift in how the state handles and funds its schools, Sen. Dale Righter (R-Mattoon) contended during Senate debate. “What we have before us today is a dramatic change in our priorities in terms of the flow of public dollars to public institutions that teach our children in elementary and secondary grades,” Righter said. “In terms of what […]

todaySeptember 4, 2017 14

Business & Lifestyle

Man dies at Burning Man after running into fire

BLACK ROCK CITY, Nev. (UPI) -- A man attending the Burning Man festival in Nevada died Sunday after he reportedly ran into a large fire, part of the annual festival's climax. Aaron Joel Mitchell, 42, ran past security and fire officials and into the blaze of a 40-foot wooden statue that is purposely set on fire each year as part of the festivities on Saturday night, reported the Reno Gazette Journal. The Pershing County Sheriff's Office said that pieces of the statue […]

todaySeptember 4, 2017 11

Business & Lifestyle

Horace Mann reports quarterly dividend

SPRINGFIELD (Heartland Newsfeed) -- Horace Mann Educators Corporation's (NYSE: HMN) Board of Directors announced a quarterly dividend of $0.275 per share payable on September 29, 2017 to shareholders of record as of September 15, 2017. Horace Mann is the largest financial services company focused on providing America's educators and school employees with insurance and retirement solutions. Founded by Educators for Educators® in 1945, the company is headquartered in Springfield. Statements included in this news release that are not historical in nature are […]

todaySeptember 4, 2017 3

Business & Lifestyle

CTI will expand fiber network to Nokomis

NOKOMIS (Heartland Newsfeed) -- CTI, also known as Computer Techniques, Inc., a fiber broadband Internet provider from Taylorville, has recently announced to Hillsboro. With much hard work by residents, community leaders and the Montgomery County Economic Development Corporation (MCEDC), Nokomis was able to secure the required level of interest and will be the second community included in the expansion for commercial and residential customers in Nokomis. CTI is currently in their final months of a deployment plan to install fiber […]

todaySeptember 3, 2017 25

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