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Business & Lifestyle

Chevron shares flat after revenue beats estimates, profits rise from a year ago

SAN RAMON, Calif. (Heartland Newsfeed) -- Chevron on Friday reported quarterly profits and revenues that beat Wall Street's expectations as the company cut costs and as oil and gas prices and refining margins improved. Shares of Chevron were up more than 1 percent after the announcement. The oil major earned $1.7 billion, or and adjusted 91 cents a share, excluding impairments and gains from asset sales. Analysts had expected Chevron to earn 87 cents a share on $32.09 billion in revenue. The […]

todayJuly 28, 2017 3

Business & Lifestyle

House passes spending bill with $1.6 billion to begin border wall

Ray Downs, United Press International Writer WASHINGTON (UPI) -- The House approved a $788 billion national security bill Thursday that includes $1.6 billion towards a wall along the U.S.-Mexico border. The bill, which passed along mostly party lines, 235-192, mostly allocates money for programs other than beginning construction of the wall -- including energy, water, defense, the Army Corps of Engineers, and implementing a 5% raise in veteran's programs. GOP leaders praised the bill as a fulfillment of one of President Donald […]

todayJuly 27, 2017 4

Business & Lifestyle

Twitter loses users in U.S. as revenue declines

Allen Cone, United Press International Writer SAN FRANCISCO (UPI) -- Twitter, the social media powerhouse, had stagnant worldwide growth of users last quarter and lost users in the United States. Twitter, in an financial filing Thursday, said its monthly user base in the United State declined two million to 68 million from the previous quarter. Globally, the number of users stayed at 328 million. From the same period a year earlier, the company's revenue fell 5 percent to $574 million. Twitter's adjusted […]

todayJuly 27, 2017 15

Business & Lifestyle

Aide for Rep. Wasserman Schultz arrested trying to leave country

Ray Downs, United Press International Writer WASHINGTON (UPI) -- An IT staffer for Rep. Debbie Wasserman Schultz, who has been under criminal investigation, was arrested when he tried to leave the country from Washington, D.C.'s Dulles International Airport this week. Imran Awan pleaded not guilty to one count of bank fraud after the arrest. Federal authorities said he allegedly tried to get a $165,000 home equity loan through the Congressional Federal Credit Union for a rental property, which violates the credit union's […]

todayJuly 26, 2017 15

Business & Lifestyle

Lochte cleared of charges stemming from Rio gas station incident

Eric DuVall United Press International RIO DE JANEIRO, Brazil (UPI) -- A Brazilian appellate court cleared U.S. Olympic swimmer Ryan Lochte of criminal charges after police alleged Lochte exaggerated claims of an armed robbery at a Rio gas station during the 2016 Games. The incident began when Lochte, 32, and three U.S. swimming teammates, Gunnar Bentz, Jack Conger and Jimmy Feigen, were returning from a party celebrating the end of the swimming competition at the Rio Games. Lochte told NBC News in an interview […]

todayJuly 15, 2017 21

Business & Lifestyle

UPDATE: Matt Hughes stable after train collision

RAYMOND/SPRINGFIELD (Heartland Newsfeed) -- Officials with the Illinois State Police are still investigating a major collision between a truck and train on Beelers Trail in Raymond. A family statement made Sunday morning, June 18, noted some positive news: Our family is overwhelmed by the outpouring of love and support. Please understand that there are many false reports out there by people who say they are close to the family. We will post another update here when we have more news. Matt […]

todayJune 24, 2017 19

Business & Lifestyle

UFC Hall of Famer & Former Welterweight Champion Matt Hughes Airlifted To HSHS St. John’s Hospital After Morning Accident With Train

RAYMOND/SPRINGFIELD (Heartland Newsfeed) -- A UFC Hall of Famer and former UFC Welterweight Champion was airlifted to HSHS St. John's Hospital in Springfield following an accident that involved his vehicle's collision with a train Friday morning near Raymond. According to a press release from the Illinois State Police, 43-year-old Matt Hughes of Hillsboro drove his pickup truck eastbound on Beelers Trail across a railroad grade "directly in front of a train" and was struck on the passenger side of the […]

todayJune 16, 2017 44

Business & Lifestyle

U.S. lawsuit: Malaysian PM used stolen funds for Leonardo DiCaprio gifts

Elizabeth Shim United Press International WASHINGTON/KUALA LAMPUR (UPI) -- A Picasso painting, a luxury apartment in Manhattan and the movie rights to Dumb and Dumber To are at the center of a U.S. Department of Justice lawsuit that alleges Malaysian Prime Minister Najib Razak stole public funds to benefit himself and family members. Najib, identified as Official 1 in the Justice Department investigations, may have stolen as much as $4.5 billion from 1MDB, a Malaysian sovereign wealth fund that should have […]

todayJune 16, 2017 33

Business & Lifestyle

Hughes calls for ouster of CTU President Karen Lewis

Chicago Teachers Union members need to turn long-time President Karen Lewis out of office, a radio show co-host said during a recent broadcast. "Look, someone has to stop her," Illinois Opportunity Project co-founder Pat Hughes said during a recent edition of "Illinois Rising." "That's why I'm hoping that these people who are in her union over time, and others, will say 'We're going to be left holding the bag, your scam is up, let's go' and get her out of […]

todayJune 13, 2017 24

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