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Financial News

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Business & Lifestyle

Tesla shares drop after posting wider-than-expected loss

PALO ALTO, Calif. (CNBC) -- Tesla shares fell Wednesday after the company posted a wider-than-expected loss as it spent heavily to ramp up production of its Model 3, its first mass market electric sedan. Complications with Tesla's manufacturing processes have slowed production of the Model 3, a car widely considered key to Tesla's future success. Hopes for the Model 3 have helped propel Tesla's stock so far this year. But in a letter to shareholders, Tesla warned it expects to […]

todayNovember 3, 2017 5

Business & Lifestyle

WWE releases Emma, Darren Young, Summer Rae from their contracts

STAMFORD, Conn. (UPI) -- World Wrestling Entertainment (WWE) announced it has come to terms on the releases of Emma, Darren Young and Summer Rae. "WWE wishes them the best in all of their future endeavors," the organization said on its website Sunday, without offering further details about their departures. ESPN.com said this is the first time since May 6, 2016, that the WWE has announced the releases of multiple athletes. On that day, Wade Barrett, Damien Sandow, Santino Marella, Alex Riley, Cameron, El Torito, Hornswoggle […]

todayOctober 31, 2017 20

Business & Lifestyle

Facebook release: We’re now requiring disclosures for political ads

MENLO PARK, Calif. (UPI) -- Facebook on Friday said it is going to start requiring buyers of political advertisements to verify their identities and disclose who paid for the ads. The move brings Facebook political ads in line with federal requirements on political ads in print and broadcast. Under current U.S. law, digital platforms like Facebook, Google and Twitter aren't required to disclose who buys political ads the way more traditional media are required to like television and radio. Facebook, along with other […]

todayOctober 28, 2017 3

Business & Lifestyle

White House, FEMA statements: we have no involvement in restoring electricity to Puerto Rico

WASHINGTON/SAN JUAN, P.R. (UPI) -- The White House and the Federal Emergency Management Agency each said Friday they had nothing to do with the hiring of a small Montana company to restore electricity in Puerto Rico. A White House spokesman said President Donald Trump's administration wasn't involved in the decision, which has generated controversy among lawmakers on Capitol Hill. "Our understanding is the decision to give a contract to Whitefish Energy was made exclusively by Puerto Rico Electric Power Authority," the spokesman said […]

todayOctober 27, 2017 16

Business News

Carlinville accused of shunning information requests, costing taxpayers in the process

CARLINVILLE (Heartland Newsfeed) -- According to a recent Illinois Leaks report from governmental watchdog group Edgar County Watchdogs (ECW), Carlinville mayor Deanna Demuzio has been doing everything to keep her constituents in the dark. ECW states in the report that Demuzio and city representatives have repeatedly denied granting requests based on the Freedom of Information Act (FOIA), resulting in subsequent complaints filed with Attorney General Lisa Madigan. These denials accrued as much as $1,000 or more for each instance before […]

todayOctober 24, 2017 6

Financial News

Coffeen, Fillmore, Litchfield, Hillsboro fire departments responded to 61 combined fire calls in 2016

HILLSBORO (Heartland Newsfeed) -- Four fire departments in Montgomery County have responded to a combined total of 61 fire calls in 2016, according to data from the National Fire Incident Reporting System obtained by Heartland Newsfeed. The Coffeen Fire Protection District responded to six calls, comprising of three structure fires and two other fires. Included in the total is one false call. A damage estimate of $30,000 were incurred, roughly $6,000 per fire. The Fillmore Fire Protection District responded to […]

todayOctober 24, 2017 2

Business & Lifestyle

New program at Blackburn College keeps college education affordable

CARLINVILLE (Heartland Newsfeed) -- A new program at Blackburn College will now meet financial needs of both in-state students, as well as those students from throughout the United States. The new program, called the Blackburn Promise, has generated much interest at the college, a nationally-recognized liberal arts school located 60 miles northeast of St. Louis. Blackburn is already well-known for its student work-study program, one of only eight schools in the nation and the only program that is student-managed. Blackburn's […]

todayOctober 16, 2017 8

Business & Lifestyle

BNP to cut links with shale and tar sands groups

PARIS (UPI/Financial Times) -- Paris-based global banker BNP Paribas announced Wednesday it would no longer do business with companies whose primary activity involves oil and gas extracted from shale deposits, tar sands or Arctic campaigns in one of the most aggressive steps so far by an international bank to reduce exposure to fossil fuels. The lender and largest banking firm in France offered a long list of projects it would no longer finance, ranging from an end to the support for projects involved […]

todayOctober 11, 2017 7

Business & Lifestyle

GRANT: After Equifax breach, blockchain can give control back to consumers

Former Equifax CEO Rick Smith, in testimony to Congress last week, dodged repeated questions from Sen. Elizabeth Warren about whether consumers do, or should, own the personal data that makes up their identities. The senator’s line of questioning and Smith’s squishy answers point to a major problem in our systems of financial and personal trust, a problem that many people have begun to take note of in the last few weeks. The recent breach of Equifax, in which over 143 […]

todayOctober 10, 2017 14

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