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Financial News

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Business & Lifestyle

Witt opts to hire new city employee, solicits applications

WITT (Heartland Newsfeed) -- Following the resignation of Shawn Cady, the City of Witt deliberated in their November meeting on whether to hire a new city employee. The council, under the employment committee of mayor Greta Akers and aldermen Tim Taylor and Brandon White, met Tuesday in an hour-long public special session to review the job description for the job opening in question, which became available following Cady's departure last month. Following the discussion which took place during the meeting, […]

todayDecember 8, 2017 75

Business & Lifestyle

How Thailand has experienced the rise of the online streaming of sporting events

BANGKOK (Heartland Newsfeed/Guest Contribution) -- In Thailand, there are currently over 20 million households watch television today, roughly translating to 30 million individuals glued to their television screen. Recent studies have shown the highest concentration can be found among upcountry, urban households and that in the past three years, cable and satellite television has grown as much as 90%, but how will this trend change in the near future? In addition to cable and satellite television, Internet service is becoming […]

todayDecember 7, 2017 51

Business & Lifestyle

Decatur passes budget out of balance by $3 million

DECATUR (Heartland Newsfeed/Illinois Policy Institute) -- As its population and tax base erode, the city of Decatur passed a budget for fiscal year 2018 more than $3 million in the red. The Decatur City Council passed a budget more than $3 million out of balance Dec. 4, citing growing costs and declining revenues. The shortfall is a combination of deficit costs and a decline in multiple revenue streams – including revenue from sales taxes, cables taxes and hotel taxes, which […]

todayDecember 7, 2017 88

Business & Lifestyle

Downstate Republican senator: Illinois should legalize marijuana

SPRINGFIELD (Illinois News Network) -- Add a Republican senator from Central Illinois to the growing list of Illinois lawmakers who say the state should legalize recreational marijuana. State Sen. Jason Barickman (R-Bloomington) says he is ready to support legal, recreational marijuana if the law is written correctly. "I think fiscal conservatives need to be in this debate," Barickman said Tuesday. "It is inevitable that this is going to happen. Our opportunity is either to sit on the sidelines and watch […]

todayDecember 7, 2017 20

Automotive News

Anheuser-Busch orders 40 new electric Tesla semis

ST. LOUIS (UPI) -- To reduce its carbon footprint, beer maker Anheuser-Busch said Thursday it's ordered 40 new, fully electric Tesla semis equipped with a semi-autonomous pilot system. The company said the 500-mile-range hauler, unveiled last month, will be used for shipments within 150 to 200 miles of its brewery locations. Tesla CEO Elon Musk said last month the rig drives like a sports car and "will blow your mind clear out of your skull and into an alternate dimension." James Sembrot, Anheuser-Busch senior director of […]

todayDecember 7, 2017 40

Business & Lifestyle

Five financial security freedoms you can’t afford to surrender

(Heartland Newsfeed) -- Most Americans work 40 to 50 years. That’s a huge time investment when you stop and think about it. That’s a long time to toil and end up getting little, if any, financial security out of all that hard work. Everybody wants financial independence in their golden years, but without a sound retirement planning strategy, many lose the freedoms they could have enjoyed. “Some freedoms are often taken for granted in this country, such as those you earn […]

todayDecember 7, 2017 50

Business & Lifestyle

L-3 awarded Navy T-45 Goshawk support contract

WASHINGTON (UPI) --  L-3 Communications Vertex Aerospace has been awarded a modified contract for services and support for 200 U.S. Navy T-45 Goshawk aircraft. The deal, announced Monday by the Department of Defense, is worth more than $37.6 million and modifies the terms of a previous award that was classified as a firm-fixed-price, indefinite-delivery, requirements contract. "This modification provides for additional organizational, intermediate, and depot level maintenance, logistics, and engineering services to support and maintain approximately 200 Navy T-45 Goshawk aircraft, […]

todayDecember 5, 2017 42

Business News

King Township holds public hearing regarding proposed property tax hike

MORRISONVILLE (Heartland Newsfeed) -- A public hearing will be held Monday, December 11 at 7 p.m. at the King Township building in rural Morrisonville. The agenda of the meeting is consideration of a proposed property tax levy hike within the township. The proposed change will only involve corporate and special purpose taxes, which will be a 14.6% hike to $148,522.68 for 2017 compared to $129,600.94 in 2016. Any individuals desiring to appear at the public hearing and present testimony to […]

todayDecember 4, 2017 79

Business & Lifestyle

CVS Health, Aetna agree to $69 billion merger

WOONSOCKET, R.I. (UPI) -- CVS Health has announced it will buy insurer Aetna for about $69 billion, a deal which potentially could reshape America's healthcare industry. Both companies announced the acquisition Sunday, which had been the subject of negotiations for months. CVS will pay $207 per share for Aetna and its debt, and Aetna shareholders will receive $145 per share and about 0.84 of a CVS share for each Aetna share, the statement said. The combination of the two businesses would combine CVS, with […]

todayDecember 4, 2017 25

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