Financial News

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Business & Lifestyle

CVS Health: Deal to buy Aetna will close after Thanksgiving

WOONSOCKET, R.I. (UPI) -- CVS Health's $69 billion acquisition of Aetna will take longer than expected as the retail pharmacy needs approval from two more state departments of insurance. Earlier this month, CVS CEO Larry Merlo said the deal was on track to close before Thanksgiving. In a SEC filing Tuesday, the company said that now won't happen until after the holiday. "CVS Health has made significant progress and is in the final states of the approval process with the […]

todayNovember 21, 2018 12

Illinois farmers

Business & Lifestyle

Illinois farmers focus on economics of sustainability

SPRINGFIELD (Illinois News Network) -- Sustainable farming practices in Illinois designed to improve water quality also face a financial test. Through emerging projects like Nutrient Loss Reduction Strategy, farmers are working to reduce nitrogen and phosphorus levels in their soil to prevent runoff into what will become the potable water supply. “It’s really been an effort in place since 2015 for our large municipalities and wastewater treatment plants to work alongside agriculture to be able to reduce our nutrient loads […]

todayNovember 21, 2018 17

Small Business Saturday

Business & Lifestyle

SCOTT: A ‘yes’ vote for Small Business Saturday makes year-round impact

Election Day has passed but you still have time to make one more “Yes” vote. I’d like to ask for you to do that for Small Business Saturday, which is Nov. 24 this year. Why is a yes for Small Business Saturday so important? Approximately 30 million small businesses ignite our local economies and enrich our communities throughout the year. In so many ways, they act as the glue that holds communities together. Small businesses create two out of every […]

todayNovember 21, 2018 9

21st Money Profile pic

Business & Lifestyle

The 21st Money Weekly Newsletter 11/16

Crypto News & Analysis   Bitmain's co-founder Jihan Wu has been removed from the director's chair at Bitmain. It has been reported that Mr. Wu has been demoted to the position of supervisor and no longer has the authority to manage the day to day affairs of Bitmain. An unnamed source from Bitmain disclosed the functions and details of Mr Wu's new role within the company. The source describes Mr. Wu's demotion as follows,   “After changing to a supervisor, […]

todayNovember 17, 2018 5

Illinois

Business & Lifestyle

Small businesses in Illinois can’t find enough workers to fill open positions

Small businesses in Illinois and across the country can't find enough workers to fill open positions. That’s the word from a recent national survey from the National Federation of Independent Business in which nearly 90-percent of respondents reported few or no qualified applicants for job openings. The problem is worse in certain sectors, said Mark Grant, Illinois director for the NFIB. “When you get some of our business owners who need tradespeople, jobs that are more intensive, labor-type things, those […]

todayNovember 11, 2018 30

Business News

The 21st Money Weekly Newsletter 11/9

  Crypto News, Analysis, Forecasts, ICOs, and Events for the week ending 11/9   Crypto News & Analysis   November is here and many are asking when will federally regulated cryptocurrency exchanges appear within the US. One of the key reasons the Securities and Exchange Commission gave for their denial of Bitcoin based Electronically Traded Funds (ETFs) was the fact that the underlying security or asset was not listed on a federally regulated exchange. ICE, The Intercontinental Exchange that owns […]

todayNovember 11, 2018 51

MoneyGram money save saving savings business financial financially

Business & Lifestyle

FTC orders MoneyGram to pay $125M in settlement

DALLAS (UPI) -- MoneyGram International agreed Thursday to pay $125 million to settle claims it failed to prevent fraudulent money transfers. That settlement amount is part of the company's 2012 deferred prosecution agreement with the Department of Justice and an order from the Federal Trade Commission. In 2012, MoneyGram, the Justice Department said, failed to live up to a deferred prosecution agreement requiring the Dallas-based global money services business to to provide adequate anti-fraud and anti-money laundering programs. The 2012 […]

todayNovember 8, 2018 5

Ford

Automotive News

Ford to buy ride-share scooter startup Spin

DETROIT (UPI) -- Ford Motor Company announced Thursday it will buy scooter ride-share startup Spin, in an effort to build its mobility business beyond full-size vehicles. Ford said Spin will become part of its Smart Mobility division, the automaker's division that explores future transportation ventures. Financial terms of the deal were not specified. California-based Spin operates in 13 cities and college campuses and plans to expand to several new markets in the coming months. Ford said it wants to grow […]

todayNovember 8, 2018 29

poverty retirement

Financial News

Study finds increased risk of facing poverty in retirement

There are a lot of little things that people have to worry about as they age, like balding. About 28 million U.S. women are currently dealing with hair loss. But age is also accompanied by more serious concerns, like financial stability during retirement. A new study shows that half of middle-class Americans could now face poverty upon retirement. 73% of Americans expect to work past retirement age The risk of more Americans sliding into poverty during retirement has been increased. […]

todayNovember 6, 2018 31

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