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Financial News

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Business & Lifestyle

Finley indicted for fraud, receives August jury trial

SPRINGFIELD (Heartland Newsfeed) -- A former Central Illinois village trustee and treasurer will soon appear in a Federal court jury trial following a Federal indictment for fraud. Nancy Finley, 52, of Pana, was indicted in Federal court last month on three charges of wire fraud. She is expected to appear in Springfield for an August jury trial. Finley is accused of stealing more than $150,000 in cash payments from the village on several instances. She was arrested by officers from […]

todayJuly 23, 2018 73

Business & Lifestyle

Capital loan assistance for July 2017 flooding nears cutoff date

ATLANTA/CHICAGO (Heartland Newsfeed) -- Businesses affected by severe weather and flooding in July 2017 may still be eligible for capital loans, according to a news release delivered Tuesday. The U.S. Small Business Association (SBA) reminds small businesses, small agricultural and aquacultural businesses and private not-for-profit organizations that these loans are available to those who qualify. Unfortunately, they won't be available for much longer as SBA's cutoff date is quickly arriving. “Businesses that suffered economic losses as a result of the […]

todayJuly 10, 2018 52

Business & Lifestyle

Midwestern farmers may stand to lose billions in trade war

ANKENY, Iowa (Heartland Newsfeed) -- Midwestern farmers may expect to lose billions of dollars this year should the trade war continue to escalate between the United States and China. The country imposed $50 billion in tariffs on American exports of soybeans and additional agricultural products Friday in retaliation to tariffs imposed in the States on Chinese imports, which was described by President Donald Trump as combating "unfair practices related to the acquisition of American intellectual property and technology." The two […]

todayJuly 9, 2018 88

Business & Lifestyle

McMahon set to spend $500 million in XFL revival

STAMFORD, Conn. (Heartland Newsfeed) -- World Wrestling Entertainment (WWE) chairman Vince McMahon is stating that he plans to spend $500 million over the first three seasons of the revived XFL. McMahon announced the return of the XFL on January 25 that he was planning to revive the league with a target relaunch date in 2020. The first incarnation of the league started in 1999 with their only live broadcast season being in 2001 as a joint venture between WWE (then […]

todayJuly 4, 2018 75

Business & Lifestyle

COMMENTARY: Bank of Springfield Center and SMEAA — a massive drain on taxpayers

(Heartland Newsfeed) -- The Illinois Policy Institute published a story Tuesday regarding the Springfield Metropolitan Exposition and Auditorium Authority (SMEAA) and the damning debt that Springfield taxpayers are on the hook for against their own will. Please note that I may be linking to some of IPI's articles in this commentary. Springfield-area residents often see as many as ten different governmental taxing bodies on their property tax bills each year, most of which include SMEAA. While being furthest from being […]

todayJune 27, 2018 85

Business & Lifestyle

Bitcoin hits new market low as price trades below $6,000

(Heartland Newsfeed) -- Bitcoin prices sunk below $6,000 in market trading Friday, busting below an already established low for 2018. Based on an average of all major Bitcoin exchanges, the average price of Bitcoin sunk to $5,938.18 at 3:51 PM CDT, surpassing a prior market low of $5,947, which took place in early February. As of publication, prices have recovered to an average of nearly $6,138 since the new low was established, but it shows brief signs of relief as […]

todayJune 22, 2018 35

Business & Lifestyle

Commentary: Supreme Court decision a slap to the face of small businesses

(Heartland Newsfeed) -- A U.S. Supreme Court decision made today marks yet another slap to the face of the free market and another example of the government intervening on behalf of Big Business. The recent decision now forces e-commerce retailers to pay (and essentially, charge) sales taxes, just like the ancient brick-and-mortar retailers do. Misinformed politicians like Andy Manar (D-Bunker Hill) claims this is a victory for downstate communities who have "claimed" economic decimation due to online shopping. It is […]

todayJune 21, 2018 80

Business & Lifestyle

State reopens bids for Eagle Creek Resort redevelopment following rejected bid

SHELBYVILLE (Heartland Newsfeed) -- The State of Illinois will soon reopen bidding to redevelop the Eagle Creek Resort on Lake Shelbyville near Findlay. Ed Cross, a representative for the Illinois Department of Natural Resources revealed new details Monday regarding a lone bid received from Sullivan-based Sullivan Harbor, which was rejected. No details were immediately made available on why Sullivan Harbor's bid was rejected and will present an update as more information is made available. Cross noted that a timeline was […]

todayJune 12, 2018 78

Automotive News

Tips to avoid damaging your vehicle

It is often frustrating for drivers to make what seems to be endless repairs to their vehicles, which eats up both valuable time and money. While some people will resort to public transport or private individuals via Lyft or Uber, others can't go without the luxury and convenience of owning their own vehicle. Although not being very well known to anyone but gearheads, your vehicle operates on complicated mechanisms with interconnected parts which may stop functioning at any time for […]

todayJune 12, 2018 40

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