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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 27

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 40

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 52

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 49

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 33

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 73

Business & Lifestyle

Illinois Department of Transportation hiring help for winter operations

SPRINGFIELD (Heartland Newsfeed) – In preparation for winter, the Illinois Department of Transportation is filling temporary jobs to help with snow-and-ice removal throughout Illinois this winter. These seasonal employees will be hired for both full-time and on-call work schedules. The deadline to apply is September 13. The department's annual “snowbird” program requires employees to promptly respond to weather situations, assisting in snow-and-ice control and working in emergency conditions at any time, including weekends, holidays and nights. Applicants must have a commercial driver’s […]

todaySeptember 3, 2017 52

Business & Lifestyle

Rep. Brad Halbrook calls for wiser approach to state K-12 funding

SHELBYVILLE (Heartland Newsfeed) -- State Representative Brad Halbrook (R-Shelbyville) recently called for K-12 funding to be more focused following a report on the alarming rapid growth of education in the past two decades. “We need money for schools but simply throwing money at our school districts isn’t the answer,” Halbrook said in a statement. “Most people understand that funding schools is a civic duty we all have. Even people who do not have kids enrolled in school understand that funding […]

todayAugust 30, 2017 31

Business & Lifestyle

Rep. Jeanne Ives points to Coles County assessment suit as proof system is broken

SPRINGFIELD (Heartland Newsfeed) -- State Representative Jeanne Ives (R-Wheaton) wants the Illinois Department of Revenue to investigate every Illinois county to determine whether property assessments have been performed according to law. “Illinois has the highest effective property tax rates in the nation," Ives said in a press release. "We just raised income taxes 32% when too many of our residents already cannot afford to live here. We need a system where residents can be assured that they will not be […]

todayAugust 30, 2017 42

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