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Financial News

629 Results / Page 43 of 70

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Business & Lifestyle

Despite illness absences, Panhandle Schools board holds January meeting

RAYMOND (Heartland Newsfeed) -- Due to illness and other prior responsibilities, three familiar faces on the Panhandle School District board of education -- district Superintendent Aaron Hopper, Lincolnwood High School principal Kendal Elvidge and board member Richard Bormida. However, Hopper took one for the team by making a brief appearance via speakerphone on one issue during the board's meeting on Monday, Jan. 22. The issue in which Hopper spoke on was regarding issues with the HVAC unit in the high […]

todayJanuary 25, 2018 5

Automotive News

Bourne issues resolution in opposition of vehicle mileage tax

LITCHFIELD (Heartland Newsfeed) -- State Representative Avery Bourne (R-Raymond) has signed on as chief co-sponsor of a resolution that voices opposition to a new tax on Illinois motorists being charged per mile traveled. Bourne is supporting House Resolution 766, which was filed this week in response to new proposed legislation that attempts to penalize drivers with work commutes with new taxes. Senate President John Cullerton (D-Chicago) proposed the new tax on mileage traveled on public, non-tolled Illinois highways via the utilization of […]

todayJanuary 25, 2018 23

Business & Lifestyle

Crash covers Illinois highway in cash from gambling machines

MAHOMET (UPI) -- A stretch of highway in Illinois was closed for about an hour while crews worked to clear a large amount of cash from the roadway. The Illinois State Police said the cash, which was being transported in a black Ford passenger vehicle on behalf of a company that operates video gambling machines, spilled out onto Interstate 74 in Champaign County, about two miles west of Mahomet, as a result of an 11:38 a.m. Tuesday crash. Trooper Tracy Lillard said the driver […]

todayJanuary 24, 2018 6

Business & Lifestyle

Lincoln Land Community College hosting cybersecurity workshops

SPRINGFIELD (Heartland Newsfeed) -- This spring, Lincoln Land Community College’s computer networking faculty will be hosting two workshops on cybersecurity. These events will take place on the LLCC Springfield campus, 5250 Shepherd Road, and are free and open to the public. The Security Awareness Day program will be held Feb. 10, 1-2 p.m. in Logan Hall Room 1133. LLCC instructors will be presenting ways to secure your computer from viruses and discussing current cyberattacks. Attendees will learn how to protect […]

todayJanuary 24, 2018 19

Business & Lifestyle

Filing season for Illinois state tax returns begins next week

SPRINGFIELD (Heartland Newsfeed) -- The Illinois Department of Revenue (IDoR) will start accepting state individual income tax returns for the 2017 tax year beginning next Monday, January 29, the same day the Internal Revenue Service (IRS) accepts Federal income tax returns. IDoR is reminding taxpayers to file returns electronically and request direct deposit, as it's still the fastest and most secure way to receive a refund, as they continue to focus on protecting taxpayers and the state government against fraud. […]

todayJanuary 22, 2018 4

Business & Lifestyle

Syverson says now is the time for Illinois to push forward on gaming expansion

SPRINGFIELD (INN) -- One state lawmaker says now is the time for Illinois to push forward on gaming expansion. State Senator Dave Syverson, R-Rockford, says a bill that would allow for up to six new casinos in the state already has passed the Senate and it’s simply waiting for the House to weigh in. “We just need the speaker to allow a vote in the House,” Syverson said. “The last two years he hasn’t allowed his members to vote on […]

todayJanuary 22, 2018 20

Business & Lifestyle

Skillicorn says Chicago needs spending reform, not bailout

SPRINGFIELD (Heartland Newsfeed) -- As pressure mounts on the city of Chicago to address its debt crisis, some have suggested the state should help the city cover its expenses. “Chicago has spent at least two decades digging itself into a massive financial hole,” Nicole Gelinas wrote in The City Journal. She went on to say that since 2000, the overall debt has climbed from $12.3 billion to $20.2 billion, calculating out to $7,500 per person. The crisis deepened during the […]

todayJanuary 22, 2018 31

Business & Lifestyle

HSBC to pay over $100M to settle currency rigging probe

LONDON/NEW YORK (UPI) -- Europe's biggest bank has agreed to pay about $100 million in penalties to resolve a U.S. Justice Department investigation. The deal stems from a probe into HSBC Holdings PLC rigging currency rates, an investigation that led to the conviction of one of its former bankers. The scheme, which involved bankers executing trades that drove up costs for two large corporate clients, netted the bank more than $46 million in profits in 2010 and 2011. John Cronan, acting assistant attorney […]

todayJanuary 19, 2018 14

Business & Lifestyle

BP to post $1.7B charge on Deepwater Horizon

LONDON (UPI) -- British energy company BP said it expects a charge of around $1.7 billion in its fourth quarter earnings as a result of the Deepwater Horizon settlement. BP said Tuesday that its court-supervised settlement program related to the class action settlement on the 2010 spill is winding down and it expects those charges to show up in fourth quarter results. The total cash impact, however, will be spread out over a multi-year period. "With the claims facility's work very […]

todayJanuary 19, 2018 3

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