Business & Lifestyle

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Business & Lifestyle

State Rep: Bitcoin and blockchain here to stay as Illinois leads the way

CHICAGO (Illinois News Network) -- With the soaring price of digital currency Bitcoin, and the Chicago Mercantile Exchange Group set to launch futures beginning Dec. 17, one state representative says the technology is here to stay. Bitcoin broke $19,000 per coin Thursday before dropping 20 percent and then settling at more than $16,000. That’s more than triple what it was just three months ago. Back in 2010, Bitcoin prices were around $30. CME Group said on its website the value […]

todayDecember 8, 2017 4

Business & Lifestyle

More than $10.5 million in contracts awarded by Air Force for laser-guided bombs

WASHINGTON (UPI) -- The Boeing Co. has been awarded a contract by the U.S. Air Force for GBU-39 SDB, or laser small diameter bombs. The deal, announced Thursday by the Department of Defense, is valued at more than $10.5 million under the terms of a firm-fixed-price contract, meaning additional costs that may be accumulated by Boeing will not be reimbursed by the Pentagon. The small diameter bomb is preferred by the U.S. Air Force and other military services over the bulky […]

todayDecember 8, 2017 4

Business & Lifestyle

Witt opts to hire new city employee, solicits applications

WITT (Heartland Newsfeed) -- Following the resignation of Shawn Cady, the City of Witt deliberated in their November meeting on whether to hire a new city employee. The council, under the employment committee of mayor Greta Akers and aldermen Tim Taylor and Brandon White, met Tuesday in an hour-long public special session to review the job description for the job opening in question, which became available following Cady's departure last month. Following the discussion which took place during the meeting, […]

todayDecember 8, 2017 21

Business & Lifestyle

How Thailand has experienced the rise of the online streaming of sporting events

BANGKOK (Heartland Newsfeed/Guest Contribution) -- In Thailand, there are currently over 20 million households watch television today, roughly translating to 30 million individuals glued to their television screen. Recent studies have shown the highest concentration can be found among upcountry, urban households and that in the past three years, cable and satellite television has grown as much as 90%, but how will this trend change in the near future? In addition to cable and satellite television, Internet service is becoming […]

todayDecember 7, 2017 21

Business & Lifestyle

Decatur passes budget out of balance by $3 million

DECATUR (Heartland Newsfeed/Illinois Policy Institute) -- As its population and tax base erode, the city of Decatur passed a budget for fiscal year 2018 more than $3 million in the red. The Decatur City Council passed a budget more than $3 million out of balance Dec. 4, citing growing costs and declining revenues. The shortfall is a combination of deficit costs and a decline in multiple revenue streams – including revenue from sales taxes, cables taxes and hotel taxes, which […]

todayDecember 7, 2017 31

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Business & Lifestyle

Downstate Republican senator: Illinois should legalize marijuana

SPRINGFIELD (Illinois News Network) -- Add a Republican senator from Central Illinois to the growing list of Illinois lawmakers who say the state should legalize recreational marijuana. State Sen. Jason Barickman (R-Bloomington) says he is ready to support legal, recreational marijuana if the law is written correctly. "I think fiscal conservatives need to be in this debate," Barickman said Tuesday. "It is inevitable that this is going to happen. Our opportunity is either to sit on the sidelines and watch […]

todayDecember 7, 2017 8

Automotive News

Anheuser-Busch orders 40 new electric Tesla semis

ST. LOUIS (UPI) -- To reduce its carbon footprint, beer maker Anheuser-Busch said Thursday it's ordered 40 new, fully electric Tesla semis equipped with a semi-autonomous pilot system. The company said the 500-mile-range hauler, unveiled last month, will be used for shipments within 150 to 200 miles of its brewery locations. Tesla CEO Elon Musk said last month the rig drives like a sports car and "will blow your mind clear out of your skull and into an alternate dimension." James Sembrot, Anheuser-Busch senior director of […]

todayDecember 7, 2017 7

Business & Lifestyle

Former UFC star Ronda Rousey reportedly close to finalizing wrestling contract with WWE

VENICE, Calif./STAMFORD, Conn. (UPI) -- Former UFC star Ronda Rousey was once at the top of the sport, but now she is turning her efforts toward World Wresting Entertainment. Two sources close to Rousey told USA Today that she is "finalizing details" for a move to WWE. Her move has not yet been officially announced. Rousey hasn't fought since her 2016 loss to Amanda Nunes at UFC 207. She suffered her first loss from a knockout in 2015 from Holly Holm. The 30-year-old has not officially […]

todayDecember 7, 2017 6

Business & Lifestyle

Five financial security freedoms you can’t afford to surrender

(Heartland Newsfeed) -- Most Americans work 40 to 50 years. That’s a huge time investment when you stop and think about it. That’s a long time to toil and end up getting little, if any, financial security out of all that hard work. Everybody wants financial independence in their golden years, but without a sound retirement planning strategy, many lose the freedoms they could have enjoyed. “Some freedoms are often taken for granted in this country, such as those you earn […]

todayDecember 7, 2017 4

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