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Financial News

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Amazon blockchain

Business & Lifestyle

Amazon hops on board the blockchain wagon

Blockchain technology is not a new thing, but when corporations announce their usage of the technology, the Internet goes wild. Retail giant Amazon made an announcement last month during their ReInvent conference that they were going to join the blockchain trend by starting two blockchain-oriented ledgers. The announcement was made by Amazon Web Services (AWS) CEO Andrew Jazzy regarding their newest endeavors under the blockchain -- Quantum Ledger Database (QLD) and Amazon Managed Blockchain (AMB). Jazzy admitted that their clients […]

todayDecember 17, 2018 51

Business & Lifestyle

GUEST EDITORIAL: Pensions keep Illinois in fiscal turmoil

Goodbye to Illinois’ $130 billion pension hole. Now it’s $133 billion. And getting deeper. Sometimes the clearest warning about Illinois’ fiscal crisis can be communicated using numbers, sometimes with a well-chosen phrase. Here we present both, as reminders during the period before a new Democratic governor takes office with a Democratic mega-majority, that the state’s messes will only worsen. Until lawmakers take decisive action. First, the awful numbers: For several years we’ve cited the figure of $130 billion to represent Illinois’ […]

todayDecember 16, 2018 22

holiday shopping Christmas shopping sales tax taxation

Business & Lifestyle

OP-ED: Holiday shopping and the sales tax Scrooge

The average American will spend around $800 on gifts this Christmas. But making those holiday buys in Illinois will leave many families wishing they could get more bang for their buck. Illinois passed its first state sales tax – 2 percent on all retail goods – all the way back in 1933. It not only replaced revenue that came from the old statewide property tax, but brought in a lot of new money as well. Fast forward to today: Illinois’ […]

todayDecember 16, 2018 74

Robin Thicke Pharrell Williams Blurred Lines infringement

Business & Lifestyle

Thicke, Williams ordered to pay $5 million for infringement

LOS ANGELES (UPI) -- A Federal judge in California ordered a final judgement of nearly $5 million to the family of Marvin Gaye for Robin Thicke and Pharrell Williams' copyright infringement in their song "Blurred Lines." District Judge John A. Kronstadt said the two artists must jointly pay Gaye's family damages of $2.9 million. Separately, Thicke must pay $1.7 million and More Water From Nazareth Publishing -- Williams' publishing company -- must pay $357,631. The final judgment, issued Monday, was […]

todayDecember 13, 2018 37

Fight for $15 debate

Business & Lifestyle

OP-ED: Two wrongs don’t make a right in ‘Fight for $15’ debate

The "Fight for $15" an hour is back in Illinois, although it's not likely to be much of a fight and this time there's a bit of a twist. Democratic Gov.-elect J.B. Pritzker is telling anyone who will listen that he wants to gradually raise the state's minimum wage to $15 an hour starting in the first six months of his term that begins in January. Republican Gov. Bruce Rauner vetoed the last legislative attempt to gradually raise the state's […]

todayDecember 13, 2018 56

Automotive News

Seven car insurance tips that will change your way of life

Any car owner would know the light stress that car insurance instigates. Sure, not getting one would be a very foolish idea, but it does come at a price. Car insurance is one reason that people pay a little extra every month and choosing one or even dealing with their employees in the event of an accident is a big headache. But for those curious enough, there are certain ways one can maximize their policies or even get a cheaper […]

todayDecember 11, 2018 19

Business & Lifestyle

Crypto hedge fund ponies up for bet that crypto will perform better in markets

CHAPEL HILL, N.C. (Heartland Newsfeed) -- A North Carolina hedge fund manager is putting forth a huge wager that the crypto market will outperform the S&P 500 by the end of the decade. Morgan Creek, based in Chapel Hill, recently put forth a $1 million wager as an invitation to skeptical investors who believe it will not outperform the Standard & Poors index to put their money where their mouth is, according to a CNBC report. The firm operates the Digital […]

todayDecember 9, 2018 52

cybersecurity small business

Business & Lifestyle

New materials on cybersecurity for small business

If you own a small business, you know it’s critical to protect your business from cyber threats. Today, the FTC launched new cybersecurity resources for small businesses – you’ll find them at FTC.gov/SmallBusiness. What better time to check out these new resources than now – it’s National Cybersecurity Awareness Month and this week’s theme is cybersecurity at work. This new national cybersecurity education campaign grew out of discussions we had last year with small business owners across the country about […]

todayDecember 2, 2018 16

Nexstar Tribune Media WGN America

Business & Lifestyle

Sources: Nexstar acquires Tribune Media in $4.1 billion deal

IRVING, Tex./CHICAGO (Heartland Newsfeed) -- Chicago-based Tribune Media Company has reached an agreement Sunday with Irving, Tex.-based Nexstar Media Group Inc. in an acquisition costing roughly $4.1 billion, according to sources knowledgeable of the matter. This deal and merger between the two companies will create the largest regional U.S. TV station operator. Tribune Media owns 45 television stations including flagship station WGN and cable network WGN America, 11 digital assets under the Tribune Entertainment banner and the WGN radio station […]

todayDecember 2, 2018 33

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