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Renault signs deal to make 300,000 cars per year in Iran

PARIS/TEHRAN (UPI) -- French automaker Renault announced a joint venture with Iranian authorities on Monday, despite U.S. efforts to isolate Iran economically. The $779 million deal between Renault, Iran's state-run Industrial Development and Renovation Organization and privately-held Parto Negin Naseh, calls for up to 300,000 cars per year to be built at a factory in Saveh beginning in about 18 months. Monday's agreement calls for 30 percent of Renaults manufactured in Iran to be exported. The first phase of the deal calls for 150,000 vehicles. […]

todayAugust 7, 2017 81

Business & Lifestyle

Eight ways to completely ruin a guest post

Guest posting is an easy digital PR strategy that scales from bloggers and freelance writers to enterprise organizations. The basic premise: you write a blog post or an article that will be published on another blog or website — a great way to attract a new audience, increase your reach, promote your expertise, and build contextually relevant backlinks. Although this sounds relatively straightforward at first, there are some key things that you need to keep in mind, or you risk […]

todayAugust 7, 2017 97

Business & Lifestyle

Huntington Ingalls awarded $36.4 million contract for work on USS Dwight D. Eisenhower

WASHINGTON (UPI) -- Huntington Ingalls has received a $36.4 million contract for maintenance and modernization work on the USS Dwight D. Eisenhower aircraft carrier, the Department of Defense announced on Friday. The contract is part of the fiscal 2017 incremental availability program at Norfolk Naval Shipyard. Work will be conducted at Portsmouth, Va., and Newport News, Va., with a projected completion date of March 2018. The contract was non-competitive due to Huntington Ingalls Newport News Shipbuilding Division being the only available contractor for […]

todayAugust 7, 2017 52

Business & Lifestyle

Manufacturer of ride that killed teen at Ohio State Fair says corrosion the cause

COLUMBUS, Ohio (UPI) -- The manufacturer of a ride that malfunctioned at the Ohio State Fair and killed a teenager and injured several other people last month said the mishap was due to corrosion. KMG International, a Dutch-based company that rents out rides to fairs around the world, said in a statement released Sunday that an internal investigation found that "excessive corrosion on the interior of the gondola support beam dangerously reduced the beam's wall thickness over the years. This finally led to […]

todayAugust 7, 2017 65

Business & Lifestyle

Income tax hike will cost Moultrie County residents $3.8 million more this year

  SULLIVAN (Heartland Newsfeed) -- Moultrie County residents will pay an additional $3,812,807 in state income taxes this year, according to an analysis by Local Government Information Services (LGIS). LGIS combined Illinois Department of Revenue data with a forecast by Senate Democrats to estimate how much additional income tax will be paid in each Illinois zip code. The following Moultrie County communities will pay the most: Sullivan ($2,494,088 total/$684 per person), Bethany ($405,754/$476), Dalton City ($317,455/$740) and Gays ($163,851/$514). Retroactive […]

todayAugust 5, 2017 52

Business & Lifestyle

Nissan workers in Mississippi reject bid to unionize

CANTON, Miss. (UPI) -- Nissan factory workers in Mississippi this week overwhelmingly struck down a bid to join the United Auto Workers union, capping a years-long campaign that drew national attention. Roughly 3,500 workers in the Canton, Miss., automobile plant rejected the measure by a 63-37 percent margin, USA Today Network reported. The campaign had been contentious. Some claimed Nissan intimidated its workers to vote against unionization and others said managers at the plant have given preferential treatment to white employees. Sen. Bernie […]

todayAugust 5, 2017 35

Business & Lifestyle

Martin Shkreli found guilty of security fraud

NEW YORK CITY (UPI) -- A jury on Friday found Martin Shkreli, the pharmaceutical executive who came under scrutiny for hiking the cost of a drug by 5,000%, guilty on three counts related to securities fraud. The fraud charges are unrelated to the drug price hike, and have to do with a Ponzi scheme he ran between 2009 and 2014 in which he bilked investors out of a total of $11 million. He was found guilty on three out of the eight charges he […]

todayAugust 5, 2017 34

Business & Lifestyle

Jonas Petty to take on Rep. C.D. Davidsmeyer in Illinois House primary

PITTSFIELD (Heartland Newsfeed) -- Things are beginning to heat up in the Republican primary against C.D. Davidsmeyer in the 100th District of the Illinois House of Representatives, as Pittsfield businessman Jonas Petty has thrown his name into the ring in next spring's primary. Petty, 38, is running to win and looks forward to bringing his conservative values to Springfield. "My values align with my actions," he stated. Petty and wife Jane Ann own and operate William Watson Hotel in Pittsfield […]

todayAugust 5, 2017 52

Business & Lifestyle

Maine becomes fourth state to raise tobacco smoking age to 21

AUGUSTA, Maine (UPI) -- Maine will become the fourth state to raise the tobacco smoking age to 21, after lawmakers voted to override the governor's veto that would have kept the age at 18. Gov. Paul R. LePage derided the bill as "social engineering" and argued that if 18-year-old people are old enough to join the military, they should be allowed to smoke. "I'm not going to strap a gun to their shoulder and go fight a war if they can't […]

todayAugust 3, 2017 43

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