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Business & Lifestyle

Martin resigns as Witt alderman citing county treasurer appointment in recent council meeting

WITT (Heartland Newsfeed) -- Discussion which carried over from the March 20 special meeting regarding outside labor, water department updates and the employee handbook were among items of business during the Witt City Council’s regular session on Tuesday, March 27. Gary Yeske addressed the council during public comments regarding a house on First St. that suffered a leak underneath the house and requested a temporary shutoff of the sewer output in addition to replacing the water line. He stated that the […]

todayApril 6, 2018 32

Business & Lifestyle

COMMENTARY: Illinois legislature considering allowing tax bills to be paid with cryptocurrency

A recent topic of discussion in the Illinois House may become a point of discussion in next week's scheduled hearing of the House Revenue and Finance Committee, slated for 3:00 p.m. on Wednesday, April 11. What is this point of discussion, you ask? A proposed bill filed by Democratic state representative Michael Zalewski (also the chair of mentioned committee), House Bill 5335, may allow for the payment of tax bills with cryptocurrency, but there is much confusion from the vague […]

todayApril 5, 2018 11

Business & Lifestyle

Ives and Skillicorn blame Rauner for the shrinking net worth of Illinois

SPRINGFIELD (Heartland Newsfeed) -- While the blame game is well underway between Democrats and Republicans, both in the Illinois General Assembly and in the gubernatorial race, Republicans are taking the time to blame the state's continued losses in net worth on Gov. Bruce Rauner. Republican legislators shifting the blame on Rauner include his former primary opponent Rep. Jeanne Ives (R-Wheaton) and Rep. Allen Skillicorn (R-East Dundee). “Bruce Rauner needs to apologize to the base of his party,” Skillicorn told Heartland […]

todayApril 4, 2018 10

Business & Lifestyle

LLCU CEO Harris resigns, CFO Althoff named interim CEO

DECATUR (Heartland Newsfeed) -- Land of Lincoln Credit Union (LLCU) announced in a press release Thursday that Chief Executive Officer Doug Harris will be resigning from his position effective Friday. The credit union's board of directors will be seeking a successor in the upcoming months. "It has been a tremendous privilege to lead the employees of LLCU," Harris said in a statement. "I am proud to have worked with amazing colleagues and feel like we have made a significant impact […]

todayMarch 8, 2018 17

Business & Lifestyle

Coinbase hit with two class-action lawsuits, one claiming insider trading

SAN FRANCISCO (Heartland Newsfeed) -- The popular cryptocurrency exchange Coinbase will be facing two new class-action lawsuits in Federal court, one of which accuses the exchange of insider trading. The first suit, filed Thursday, claims that Coinbase employees unfairly profited from the December listing of Bitcoin Cash (BCH), citing that the August spinoff from Bitcoin (BTC) and December 19 trading launch resulted in the price skyrocketing to nearly $1,000. Additionally cited that while this news was a surprise to everyone, […]

todayMarch 6, 2018 13

Business & Lifestyle

Bourne proposes legislation to repeal the estate tax

LITCHFIELD (Heartland Newsfeed) -- Agriculture runs deep in our American heritage and has been a key component of our state’s history. Illinois, with over 72,000 farms that cover 27 million acres, is an agricultural powerhouse that should be recognized and fostered. One crippling challenge for many Illinois farming families is how to pass the farm on to the next generation after the death of the owner. Currently, Illinois’ estate tax law disproportionately impacts small family farms. The value of these farms, […]

todayMarch 4, 2018 15

Business & Lifestyle

Litchfield ponders 12-year extension of TIF District 1

LITCHFIELD (Heartland Newsfeed) -- With four years remaining on the current tax increment fund (TIF) in District 1, the City of Litchfield presented their case to fellow taxing bodies as to why this district needs extended for an additional 12 years during an informational hearing which took place at the Litchfield Community Center on Wednesday, Feb. 21. "TIF districts address private investment in areas where private investment is not occurring," according to Mike Weber from St. Louis-based PGAV Planners during […]

todayFebruary 27, 2018 40

Business & Lifestyle

Paying attention to the newest case in the Supreme Court? Meet the Illinois man responsible for it

SPRINGFIELD/WASHINGTON (Heartland Newsfeed) -- Mark Janus received his first lessons about public service at an early age, while growing up in Springfield as a member of the Boy Scouts in the area. His dedication would eventually led to him becoming an Eagle Scout. Today, he passes along his knowledge and wisdom to young men and women from the state capital in Springfield while leading scouting trips to Florida. Janus' public service isn't limited and doesn't end with merit badges and […]

todayFebruary 25, 2018 14

Business & Lifestyle

Everything coming to Netflix in March — and what’s leaving

LOS GATOS, Calif. (Heartland Newsfeed) -- Netflix Inc. continues to throw its weight around and zero in on luring Hollywood’s top creative talent to make shows and films exclusively for the streaming platform. Last week, the streaming giant said it inked an exclusive deal with Ryan Murphy and his production company worth a reported $300 million. Netflix had signed a reported $100 million deal with Shonda Rhimes before that, and has since signed deals with Matt Reeves, Jenji Kohan and […]

todayFebruary 24, 2018 19

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