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Business & Lifestyle

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Business & Lifestyle

UPDATE: Current fundraising totals from Illinois Democratic and GOP gubernatorial candidates

SPRINGFIELD (Heartland Newsfeed) -- On Friday, Eric Kirchberg reported campaign funds, as reported by the Illinois Campaign for Political Reform regarding regional races, including the gubernatorial race. However, more information has come to light regarding campaign funds for six Democratic candidates and three Republican candidates running in the March 20 primary. Governor Bruce Rauner (R-Winnetka), the incumbent seeking a second term, currently has $72 million in campaign funds, which includes a $50 million contribution he made to his re-election fund […]

todayNovember 5, 2017 67

Business & Lifestyle

MLB: Contract option picked up for Brantley, McCutchen, Altuve, Gonzalez, Tanaka; declined for Ichiro

CLEVELAND/PITTSBURGH/HOUSTON/NEW YORK/MIAMI (UPI) -- The following contract options in Major League Baseball (MLB) were exercised and/or declined as of Saturday, November 4: Injuries shortened Michael Brantley's past two seasons, but the Cleveland Indians exercised his $11.5 million option for 2018 on Friday. The 30-year-old Brantley hit .299 with nine homers and 52 RBIs in 90 games this season. His strong first half netted him an All-Star spot but he went on the disabled list twice and had right ankle surgery on Oct. 18. […]

todayNovember 4, 2017 40

Automotive News

BMW recalls 1.4 million vehicles over fire risk

WOODCLIFF LAKE, N.J. (UPI) -- German automaker BMW announced Friday it is recalling 1.4 million vehicles in North America over fire risks. The company issued two recalls with the National Highway Traffic Safety Administration. The first affects some 740,000 vehicles, including the 1-, 3- and 5-Series, Z4, X3 and X5 from model years 2007-11. These vehicles may develop a rusty crankcase ventilation valve, posing a fire risk. The second recall is for about 673,000 vehicles, which have faulty heating and air conditioning wiring. Electrical […]

todayNovember 4, 2017 27

Business & Lifestyle

GOP billionaire donor Mercer leaves firm, sells stake in Breitbart News

LOS ANGELES (UPI) -- Conservative billionaire donor Robert Mercer on Friday announced he will step down as co-CEO of a $97 billion investment fund and sell his stake in Breitbart News. In a letter to investors, Mercer said his daughters will obtain his share of the conservative news outlet, which recently re-hired former White House strategist Steven Bannon as its executive chairman. Mercer indicated in the letter that he and Bannon have experienced political differences. "I have great respect for Mr. Bannon, and […]

todayNovember 4, 2017 29

Business & Lifestyle

Reports: Broadcom making return to US, plans to buy Qualcomm in bid

WASHINGTON (UPI/Reuters) -- Broadcom Ltd. will bring $20 billion in revenue to the United States when it relocates its headquarters from Singapore, President Donald Trump said Thursday when he hosted the CEO of the semiconductor company at the White House. Trump hailed the announcement during remarks he made in the Oval Office on jobs and the Republican tax plan. "They employ over 7,500 American workers in many states across our country," the president said of Broadcom. "And we're looking forward to seeing that number […]

todayNovember 4, 2017 31

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 22

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 65

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 35

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 57

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