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Spot Market Hog Pandemic Program payments

Business News

USDA issues payments for hog pandemic program

SPRINGFIELD -- The U.S. Department of Agriculture (USDA) is increasing the amount of funding available for the Spot Market Hog Pandemic Program (SMHPP). They expect to issue approximately $62.8 million in pandemic assistance payments to hog producers starting this week. SMHPP assists eligible producers who sold hogs through a spot market sale between April 16 and September 1 of 2020. USDA’s Farm Service Agency (FSA) was accepting SMHPP applications earlier this year, with the deadline being April 29, 2022. “In […]

todayJuly 27, 2022 99

Carvana

Business News

Carvana banned from Illinois for second time

SPRINGFIELD -- Online car dealer Carvana has been barred from conducting business in Illinois for a second time. The ban is over continued issues with consumers not receiving vehicle registrations and titles. The office of Secretary of State Jesse White said the company's dealer license was suspended Monday due to car buyers not receiving the titles for their vehicle. A vehicle's title is essential to prove ownership of a vehicle. Otherwise, the car cannot be driven or sold in the […]

todayJuly 21, 2022 96

business money investments summer spending

Business News

Top six investments to make right now

Making investments is a key part of securing your financial future. But with so many different investment options available, it can be hard to know which ones are the best for you. So let's discuss the top six investments you should be making right now. These investments offer great potential returns and are relatively low-risk as well. So if you're looking to secure your future finances, make sure to read on for more information. Yourself Investing in solid business education […]

todayJuly 18, 2022 42

gas prices

Automotive News

AAA: Despite higher demand, gas prices keep falling

WASHINGTON -- Pump prices declined again, falling another 12 cents since last week to $4.67. The dip in the national average for a gallon of gas occurred despite a slight rise in demand. This is likely due to robust Independence Day holiday automobile travel. AAA forecasted that 42 million people would hit the roads for the holiday weekend, a new record. “Usually, more people buying gas would lead to higher pump prices,” said AAA spokesperson Andrew Gross. “But the price for oil, the […]

todayJuly 11, 2022 84

Elon Musk Twitter

Business & Lifestyle

Elon Musk to exit $44 billion Twitter purchase deal

AUSTIN/SAN FRANCISCO (UPI) -- Billionaire entrepreneur Elon Musk indicated Friday he is seeking to call off his proposed $44 billion deal to buy the Twitter social media platform. In a letter sent to Twitter's chief legal officer and disclosed in a Securities and Exchange Commission filing, Musk's attorneys contend Twitter "has not complied with its contractual obligations" to provide accurate assessments of how many fake user accounts are on its system. Musk: Twitter never provided accurate info on daily active […]

todayJuly 9, 2022 71

GameStop

Business & Lifestyle

GameStop fires CFO, announces layoffs

GRAPEVINE, Tex. (UPI) -- Video game retailer GameStop fired its chief financial officer and announced a series of layoffs on Thursday. The company publicly announced that it had terminated the employment of CFO Michael Recupero, with Chief Accounting Officer Diana Saadeh-Jajeh stepping into the role. Saadeh-Jajeh, who served as interim CFO last year, will earn a starting annual salary of $200,000. In addition, she will be eligible for a "transformation bonus" in an aggregate amount of $1,965,000. This is according to […]

todayJuly 9, 2022 73

Business & Lifestyle

Lessons Elon Musk can teach us about investing

It is easy to think of Elon Musk as an outlier, someone who's away from the common business world. While we all have our own opinions of what Elon Musk is as an entity, Robert Downey Jr based Tony Stark on him. The fact is that Musk is not just someone who wants to go into space. He is also someone who has been incredibly savvy with his ventures and investments over his career. We all can learn lessons from […]

todayJune 28, 2022 51

gas gasoline business financial

Business & Lifestyle

Gas prices continue modest decline

WASHINGTON (UPI) -- The average price of gasoline remained below $5 per gallon on Monday according to figures released by AAA, continuing a modest decline from last week's record highs. The national average stood at $4.967 per gallon -- a decline of 3.5 cents from Tuesday when prices hit an all-time peak of nearly $5.02, AAA reported. The average price of diesel was $5.80, up 2.5 cents from last week but 2 cents lower than its peak on Friday. Average […]

todayJune 20, 2022 80

Bitcoin cryptocurrency

Business & Lifestyle

Bitcoin falls to lowest level since 2020

NEW YORK (UPI) -- Bitcoin fell once again Thursday as cryptocurrencies suffer from recession concerns. As of 6:45 p.m., Bitcoin was down 9.1%, valued at around $20,500, some of its lowest levels since 2020 and 60% down from its all-time high in November. The cryptocurrency has fallen 20% in the past week amid a broad sell-off in risk assets that have seen the Nasdaq Composite decline 6.1% in the same period. The decline also comes as Terra USD and its […]

todayJune 16, 2022 88

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