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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 30

Business & Lifestyle

Illinoisans are still waiting for their independence

More than 240 years ago, a group of individuals decided to stand up against a far-off king who taxed them without recourse. Americans honor their efforts each year on Independence Day. But the Illinois General Assembly has a funny way of celebrating. On July 2, the Illinois House passed a budget that includes the largest permanent income tax hike in state history and no structural spending reforms. The Senate concurred July 4, sending the budget plan to the governor’s desk. […]

todayJuly 4, 2017 59

Business & Lifestyle

Illinois remains on brink of becoming first state rated junk, but does pass a budget

SPRINGFIELD (Heartland Newsfeed/MarketWatch.com) -- Illinois, which currently has the lowest-rated bond rating of any U.S. state, took another step Tuesday to ward off a deepening budget crisis and an imminent risk of becoming the first state ever branded with a junk bond rating. The state entered an unprecedented third straight fiscal year without a budget on Saturday and the process has been crippled by the partisan impasse between Republican governor Bruce Rauner and Democrats who control the legislature. However, the Illinois […]

todayJuly 4, 2017 37

Business & Lifestyle

South Korean president: ‘retreat’ not an option on North Korea

Elizabeth Shim United Press International WASHINGTON (UPI) -- South Korean President Moon Jae-in said a "retreat" from the threat of North Korea's growing nuclear weapons program is no longer an option, echoing earlier statements from U.S. President Donald Trump "patience is over" as a strategy when dealing with Pyongyang. "Even as we face the most imminent and dangerous menace in the world, we should no longer continue to retreat but move forward and take a new leap toward the future," Moon said Friday at the Center […]

todayJuly 1, 2017 31

Business & Lifestyle

Berkshire Hathaway buys Bank of America stock, sees $11.7 billion profit

Ed Adamczyk United Press International OMAHA, Neb. (UPI) -- Berkshire Hathaway Inc. will be Bank of America's largest stockholder and will receive a profit after announcing Friday it plans to purchase 700 million shares. Berkshire will use its $5 billion in Bank of America preferred stock to purchase the common stock at $7.14 per share, well below its closing price of $24.32 per share. The preferred stock was bought in 2011; it came with a 6 percent annual dividend and a warrant allowing […]

todayJune 30, 2017 26

Decision 2017

Libertarian gubernatorial candidate in Virginia qualifies for November ballot

RICHMOND, Va. (Heartland Newsfeed) -- Voters in Virginia will have a third choice on the ballot in the gubernatorial general election on November 7. Cliff Hyra, a 34-year-old patent attorney hailing from Hanover County, has qualified to be on the ballot as the Libertarian Party candidate, as confirmed Thursday by the Virginia Department of Elections as Hyra and supporters submitted petitions bearing more than 10,000 signatures to earn a spot on the ballot. He joins Democratic Lt. Gov. Ralph Northam […]

todayJune 30, 2017 34

Business & Lifestyle

Philly DA Williams pleads to bribery, resigns as prison looms

Doug G. Ware United Press International PHILADELPHIA (UPI) -- Philadelphia District Attorney R. Seth Williams resigned from office Thursday after pleading guilty to a bribery charge in a federal corruption case that now has him facing prison time. Williams brought a sudden end to the case at Philadelphia's James A. Byrne Federal Courthouse as part of a plea agreement with prosecutors -- which mandated he plead to one count of bribery and resign from office immediately. After the plea, Williams appealed […]

todayJune 29, 2017 47

Business & Lifestyle

Important reminders to motorists regarding train safety

NOKOMIS (Heartland Newsfeed) -- With accidents happening so close to each other this past week in Raymond and east of Ohlman, with a third involving a 10-year-old boy on a bicycle in Decatur -- the unfortunate Rule of Threes regarding bad news -- it has become crucial to review tip from Operation Lifesaver regarding train safety. The following is information and tip provided by the program: Trains and cars don't mix. Never race a train to the crossing -- even […]

todayJune 24, 2017 47

Automotive News

Don’t discount safe driving this summer

WASHINGTON (NewsUSA) -- Summertime brings longer days and ideal driving conditions to much of the United States. However, summer weather can also lull drivers into a false sense of security, according to data from a survey conducted by Michelin. Approximately two-thirds of the drivers surveyed (67%) reported feeling safer while driving during the summer; their top reasons were better weather (81%) and better road conditions (83%). However, more car accidents occur during the summer months than at any other time of […]

todayJune 24, 2017 66

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