Business & Lifestyle

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Business & Lifestyle

BP to post $1.7B charge on Deepwater Horizon

LONDON (UPI) -- British energy company BP said it expects a charge of around $1.7 billion in its fourth quarter earnings as a result of the Deepwater Horizon settlement. BP said Tuesday that its court-supervised settlement program related to the class action settlement on the 2010 spill is winding down and it expects those charges to show up in fourth quarter results. The total cash impact, however, will be spread out over a multi-year period. "With the claims facility's work very […]

todayJanuary 19, 2018 3

Automotive News

Chinese automaker plans to enter U.S. market in 2019

DETROIT (UPI) -- Chinese automaker Guangzhou Automobile Group plans to enter the U.S. market in 2019, the company said at the Detroit Auto Show Monday. "We intend to gain a foothold in the U.S.," GAC Motors president Yu Jun said at a news conference. "If we can make it in the U.S., we can make it anywhere and enhance further possibilities of future growth." It's not yet clear how GAC plans to enter the U.S. market. But according to reports, the […]

todayJanuary 19, 2018 3

Columnists

The Healthy Geezer: I’m not able to sleep as well as I used to when I was younger

I have found that I don't sleep as well as I used to when I was younger. How common is this? Many people believe that poor sleep is a normal part of aging, but it is not.  Sleep patterns change as we age, but disturbed sleep and waking up tired every day are not part of normal aging. Seniors need about the same amount of sleep as younger adults—seven to nine hours a night. Unfortunately, many older adults don’t get […]

todayJanuary 17, 2018 14

Business News

Starz working on a series set in the John Wick universe

LOS ANGELES (UPI) -- Starz is developing The Continental, a Chris Collins-penned drama connected to Keanu Reeves' John Wick film franchise. The possible series would focus on a hotel that serves as a refuge for assassins in a "hyper-real version of Los Angeles." Collins would serve as showrunner if the pilot gets picked up and Reeves is on board as a producer, but the cable network did not say if he is expected to act in the project. No casting has been announced yet. Chad Stahelski […]

todayJanuary 15, 2018 18

Business & Lifestyle

Trading oil no longer intrigues T. Boone Pickens

DALLAS (UPI) -- After a "roller coaster ride" that saw $100-per-barrel swings in crude oil prices, tycoon and former oil man T. Boone Pickens said he's bored with trading oil. The 89-year-old investor, who nine years ago launched The Pickens Plan, designed to drive the U.S. energy sector away from its dependence on foreign oil, said in a statement he was shutting down his oil- and gas-commodity focused BP Capital. Launched after he left Mesa Petroleum in the 1990s, Pickens said he's seen oil move […]

todayJanuary 13, 2018 27

Business & Lifestyle

Circuit City to relaunch as online store in February

LAS VEGAS/NEW YORK (UPI) -- Electronics retailer Circuit City announced it plans to relaunch its brand after going out of business. Circuit City CEO Ronny Shmoel announced the brand relaunch at the Consumer Electronics Show in Las Vegas on Monday, stating it will focus on the retail verticals of e-commerce, mobile, technology, omni-channel commerce. "Under new ownership, Circuit City will relaunch with a dynamic, social-focused e-commerce site, along with various concepts of innovative retail stores, and unprecedented e-commerce technology offerings," the company said. […]

todayJanuary 11, 2018 10

Business & Lifestyle

Dropbox confidentially files for IPO

SAN FRANCISCO (UPI) -- File-storage company Dropbox confidentially filed for a U.S. initial public offering Thursday, people familiar with the matter said. The company, valued at $10 billion, is expected to make the public offering led by Goldman Sachs Group Inc. and JPMorgan Chase & Co. in the first half of this year, Bloomberg reported. Non-public filings have occurred more often since July, when the U.S. Securities and Exchange Commission began allowing all companies to file early IPO documents confidentially. A total of 26 U.S. […]

todayJanuary 11, 2018 8

Automotive News

Single-vehicle accident in rural Christian County results in death of Effingham man

RURAL PANA (Heartland Newsfeed) -- An automotive accident resulting in one fatality in rural Pana is currently under joint investigation by two county governmental agencies in Christian County. In a statement from Christian County Sheriff's Department, Christian County 911 received a call regarding a single-vehicle traffic crash involving a semi-tractor trailer Wednesday, Jan. 10 at 1:13 PM along County Highway 12/Bear Creek Rd. approximately one-half mile east of 1700 East Road. Responding to the accident were Pana Fire Department, Pana […]

todayJanuary 11, 2018 9

Business & Lifestyle

COUNTRY Financial to award area students $20,000 in scholarships

NOKOMIS (Heartland Newsfeed) -- The Central Illinois COUNTRY Financial® representatives are offering ten $2,000 scholarships to college-bound students in the area. Students who graduated, or will graduate from Sangamon, Menard, Macoupin, Montgomery, Cass, Morgan and Greene county high schools have the opportunity to apply for the COUNTRY Financial Community Scholarship. More information about the COUNTRY Financial Community Scholarship and other scholarships offered through the Community Foundation for the Land of Lincoln can be found now through December 31, 2017 at: http://www.cfll.org/Home.aspx Students may […]

todayJanuary 9, 2018 28

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