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    832 Terry Tempest Williams: The Glorians Rick Steves

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Financial News

632 Results / Page 48 of 71

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Business & Lifestyle

Sources: CVS Health to purchase Aetna for $69 billion

WOONSOCKET, R.I. (UPI) -- Retail drug store giant CVS Health Corp. on Sunday agreed to buy Aetna Inc. for $69 billion, unnamed sources with knowledge of the deal said. Under the terms of the deal, CVS agreed to purchase the healthcare company for about $207 per share -- $145 in cash and $62 in stock -- sources told The Wall Street Journal. The deal -- if approved by regulators -- could bring some primary care and basic procedure services to CVS' 9,700 […]

todayDecember 3, 2017 73

Business & Lifestyle

Read this before you buy someone Bitcoin as a gift

This story is part of a new MarketWatch series, “Gifts that pay off.” Between now and Dec. 25, we will look at gifts that could potentially earn the recipients money or improve their lives. (MarketWatch) -- Digital currency Bitcoin has gone from a strange fringe trend to a mainstream technological phenomenon in the past year, exploding in value to more than $10,000 per coin. While some people warn that the currency is a bubble doomed to pop, others say it’s […]

todayNovember 28, 2017 96

Business & Lifestyle

Illinois’ stagnant sales tax revenue indicator of flat economic activity

SPRINGFIELD (Illinois News Network) -- The state of Illinois is collecting more from individual workers' and businesses’ income, but the indication from other revenue sources is the state’s economy is flat. A tax professional says state lawmakers haven’t advanced solutions to grow the state’s economy. Illinois Commission on Government Forecasting and Accountability (COGFA) Revenue Manager Jim Muschinske said individual income tax revenues are up from the year before, as are corporate tax receipts. From October of last year to this […]

todayNovember 28, 2017 19

Business & Lifestyle

DABROWSKI: A near-perfect way to hike property taxes in Illinois

Local officials and union leaders have employed a near-perfect method to pressure residents into accepting higher taxes year after year: Sell the idea that communities around them are more generous than their own. To do that, they consistently point to neighboring communities’ higher salaries, benefits and programs to justify additional spending, then push their own residents into accepting higher taxes to pay for that spending. And if that’s not enough to make the sale, the threat of strikes and binding arbitration only builds additional […]

todayNovember 26, 2017 75

Business & Lifestyle

More than 300 Chicago government employees receive layoff notices before Thanksgiving

CHICAGO (UPI) -- More than 300 government employees in Chicago learned they would lose their jobs just two days before Thanksgiving, due to budget cuts. Cook County commissioners voted unanimously for a $5.2 billion budget that required 321 public employees be cut, the Chicago Tribune reported. The lay-offs are expected to begin next month. County officials blamed the slimmed-down budget on the repeal of a penny per ounce soft drink tax that was repealed this year. "Laying off more than 300 of […]

todayNovember 23, 2017 27

Business & Lifestyle

BERG: Small businesses are the lifeblood of Illinois, but they’re treated like dirt

(Illinois News Network) -- Nov. 25 marks the arrival of Small Business Saturday across the nation. And Illinoisans have a lot to appreciate. For all the talk of big-box dominance, mom and pop shops are the Land of Lincoln’s economic workhorses. Businesses with fewer than 50 employees created the vast majority (75 percent) of net new jobs in Illinois last year, according to the Bureau of Economic Analysis. And during the economic recovery from 2011 to 2016, businesses with fewer than […]

todayNovember 23, 2017 37

Business & Lifestyle

McCALEB: Reasons to be thankful in tax-and-spend Illinois

(Illinois News Network) -- Many Illinoisans will be hard-pressed this week to find something to be thankful for with regard to a state government that is taxing and spending its way to insolvency. The General Assembly passed a $5 billion income tax increase well beyond the end of the scheduled legislative schedule that went into effect retroactive to July 1. And yet the spending plan that was approved alongside that tax hike still is nearly $2 billion out of balance. So […]

todayNovember 23, 2017 27

Business & Lifestyle

MARTIRE: A historical lesson on tax cuts

To stimulate the U.S. economy to “levels you haven’t seen in many years”— President Trump is proposing to cut federal income taxes, for most folks in general, but predominately for really affluent families and mega-corporations. His proposal is so skewed to the wealthy that over the next 10 years, more than half of his multi-trillion dollar tax cut will go to the wealthiest one percent. Big business does well too, gaining an estimated $4.1 trillion tax cut during the next […]

todayNovember 22, 2017 15

Business & Lifestyle

Effingham Kmart to see its last holiday shopping season

EFFINGHAM (Heartland Newsfeed) -- The Effingham Kmart on North Keller Drive is one of 45 Kmart outlets that will close in January as parent company Sears Holdings continues its wave of store closures, a Business Insider report said. The Effingham Kmart is the only Illinois outlet affected by the recent announcement, which also heralded the closure of 18 Sears stores throughout the country. The stores will all remain open throughout December for the holiday shopping period and close in January. […]

todayNovember 16, 2017 45

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