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Business & Lifestyle

Former Anheuser Busch CEO arrested for trying to fly helicopter while intoxicated

Ray Downs United Press International SWANSEA, Ill. (UPI) -- August Busch IV, the former CEO of beer giant Anheuser Busch, was arrested for attempting to fly a helicopter while intoxicated, according to police. The Busch family scion passed a breathalyzer test, but failed field sobriety tests, leading to his arrest. Police applied for urine and blood test warrants after placing Busch under arrest. The arrest occurred after Busch landed a helicopter in a strip mall parking lot in Swansea, Ill., located about […]

todayJuly 12, 2017 16

Business & Lifestyle

Illinois ranks next-to-last in state fiscal health, report finds

ARLINGTON, Va. (Heartland Newsfeed via Morning Consult) -- Illinois trailed most states financially long before this year’s dramatic budget impasse, according to an annual report published Tuesday by the Mercatus Center at George Mason University. Illinois, which last week narrowly passed its first budget in three years, ranked 49th in the libertarian-leaning think tank’s 2017 state-by-state fiscal solvency report. New Jersey ranked 50th. The rankings are based on data from the 2015-16 fiscal year, before Illinois’ almost $15 billion in unpaid bills prompted the […]

todayJuly 11, 2017 5

Business & Lifestyle

Do Schools Really Need More Money?

A common chorus of if/then statements dominates most contemporary discussions of education reform: If schools had more money, then they would do better at educating kids. If teachers were paid more money, then they would do better at educating kids. If there were more taxpayer support for traditional public schools, then we would have better education outcomes. But is more money really the answer? Or is the problem with the structure of forced schooling itself? An article last week in […]

todayJuly 11, 2017 12

Business & Lifestyle

Severe storms hit Nokomis area Monday night

NOKOMIS (Heartland Newsfeed/Free Press-Progress/Morrisonville Times) -- At approximately 11 PM Monday night, a severe storm impacted the Nokomis area, hitting residents with high winds. The National Weather Service reported that the storm that impacted the area contained severe straight line winds. Initial calls to the Montgomery County 911 indicated that many tree limbs and power lines were down. A report of a partial collapse of a residence due to a tree impacting the area in the 900 block of E. […]

todayJuly 11, 2017 2

Business & Lifestyle

Wells Fargo to pay $142M in class-action settlement of fake accounts

Allen Cone United Press International SAN FRANCISCO (UPI) -- A federal judge has approved a plan for Wells Fargo & Co. to pay $142 million in a class action suit involving customers of fake accounts. U.S. District Vince Chhabria ruled on Saturday in San Francisco the settlement was "fair, reasonable and adequate." Last year, Wells Fargo admitted that 2 million potentially unauthorized checking and credit card accounts were opened between 2011 and 2015. In September, federal Consumer Financial Protection Bureau fined the banking giant $185 […]

todayJuly 10, 2017 3

Business & Lifestyle

Effingham accused of ignoring court-ordered hiring practice

EFFINGHAM (Heartland Newsfeed) -- Despite being directed by a court to employ an assistant state’s attorney for legal issues regarding Altamont Ambulance, Effingham County never technically employed Chris Koester, who nevertheless received at least $62,000 in compensation, according to the Edgar County Watchdogs (ECW). “Does anyone see a problem when an Assistant State’s Attorney, who by law is an employee, can bill for conversations with his boss, the State’s Attorney?” ECW co-founder Kirk Allen wrote. “The whole purpose of setting […]

todayJuly 9, 2017 17

Business & Lifestyle

Nevada governor backs emergency regulations amid marijuana shortage

Daniel Uria United Press International CARSON CITY, Nev. (UPI) -- Nevada Gov. Brian Sandoval endorsed emergency regulations to combat a shortage of marijuana at legal recreational retailers in the state. The state law legalizing recreational marijuana starting this month dictated that wholesale alcohol distributors be granted exclusive rights to transport marijuana for the first 18 months of legal sales, but a lack of approved distributors has created a potential shortage, the Reno Gazette-Journal reported. "Based on reports of adult-use marijuana sales already […]

todayJuly 8, 2017 4

Business & Lifestyle

After powder scare, Illinois overrides governor for first budget in 3 years

Doug G. Ware United Press International SPRINGFIELD, Ill. (UPI) -- The Illinois legislature on Thursday voted to override the governor and usher in a tax hike and balance the budget -- something the state hasn't been able to do in more than three years. A bipartisan Illinois House voted 72-41 to supersede Gov. Bruce Rauner, who had vetoed the measures -- fearing they would only lead to more tax increases in the near future. Thursday's vote marked the first time since 2014 that […]

todayJuly 6, 2017 1

Business & Lifestyle

‘Shocked’ NYC judge orders ex-pharma exec Shkreli to ‘stop talking’

Doug G. Ware United Press International NEW YORK (UPI) -- The first gag order given to former pharmaceutical executive Martin Shkreli at his New York City fraud trial apparently wasn't enough. A federal judge at Shkreli's proceedings on Wednesday issued a revised gag order against the controversial figure -- in response to a fiery public rant he made last week and a number of postings on what could be his new Twitter account. Shkreli, former head of Turing Pharmaceuticals, is facing trial on federal securities […]

todayJuly 6, 2017 3

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