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Traders work on the floor of the NYSE before the opening bell at the New York Stock Exchange on Wall Street in New York City on August 19. Stocks fell for a third straight week Friday. NEW YORK (UPI) -- U.S. markets posted their third straight weekly loss, falling Friday despite a solid August jobs report. The Dow Jones Industrial Average finished 337.98 points or 1.1% lower at 31,318.44. The S&P 500 also fell 1.1%, and the NASDAQ Composite declined […]
Elon Musk and SpaceX are set to make a joint announcement with T-Mobile Thursday night teased as "plans to increase connectivity." HAWTHORNE, Calif./BELLEVUE, Wash. (UPI) -- SpaceX and T-Mobile made an announcement Thursday evening that they claim will increase connectivity across the United States. Both companies, along with SpaceX CEO Elon Musk, announced the event on their Twitter accounts. The event began at 8:00 p.m. ET via SpaceX's website. "Elon and T-Mobile's Mike Sievert will announce plans to increase connectivity," […]
WHEATON, Ill. (The Center Square) – Another social media company has settled out of court after allegations it violated Illinois’ strict biometric laws. The parent company that owns Snapchat agreed to pay $35 million but denied any wrongdoing. At the heart of the issue is Snapchat’s photo filter feature. Each time a user takes a selfie or uses a filter, that person’s facial features are scanned. Ed Yohnka, director of communications with the ACLU of Illinois, has previously said the state’s […]
SPRINGFIELD (The Center Square) – Subcontractors for an Illinois-based electric vehicle maker have settled with the state over back overtime wages. Illinois Attorney General Kwame Raoul announced a consent decree with construction subcontractors building a new production line for Rivian Automotive Inc. in Normal. The settlement requires two subcontractors to pay over $300,000 in back wages and penalties to resolve allegations that they failed to pay Mexican laborers overtime wages. The consent decree Raoul filed requires China-based Guangzhou MINO Equipment Co. […]
Traders work on the floor of the NYSE before the opening bell at the New York Stock Exchange on Wall Street in New York City on Friday. The Dow Jones Industrial Average began the day down over 200 points. NEW YORK (UPI) -- U.S. markets fell on Tuesday as the Dow Jones Industrial Average and S&P 500 dropped for the third consecutive day. The blue-chip Dow fell 154.02 points, or 0.47%, while the broad S&P declined 0.22% and the NASDAQ […]
Scooter's Coffee (also known as Scooter's Coffee Drive-Thru) is opening six new locations, thanks to a Centralia-area franchisee. Those locations are coming to Salem, Centralia, Mt. Vernon, Vandalia, Harrisburg, and Olney. Rachel Wallace, a current Subway franchisee that owns many store locations and owner of the Rosati's franchise and the Best Western in Centralia, is opening these new locations. They are in a partnership with long-time employee Marcie Wallace (no relation). Wallace says Scooter's has a great culture that has […]
SPRINGFIELD -- The U.S. Department of Agriculture (USDA) is increasing the amount of funding available for the Spot Market Hog Pandemic Program (SMHPP). They expect to issue approximately $62.8 million in pandemic assistance payments to hog producers starting this week. SMHPP assists eligible producers who sold hogs through a spot market sale between April 16 and September 1 of 2020. USDA’s Farm Service Agency (FSA) was accepting SMHPP applications earlier this year, with the deadline being April 29, 2022. “In […]
SPRINGFIELD -- Online car dealer Carvana has been barred from conducting business in Illinois for a second time. The ban is over continued issues with consumers not receiving vehicle registrations and titles. The office of Secretary of State Jesse White said the company's dealer license was suspended Monday due to car buyers not receiving the titles for their vehicle. A vehicle's title is essential to prove ownership of a vehicle. Otherwise, the car cannot be driven or sold in the […]
AUSTIN/SAN FRANCISCO (UPI) -- Billionaire entrepreneur Elon Musk indicated Friday he is seeking to call off his proposed $44 billion deal to buy the Twitter social media platform. In a letter sent to Twitter's chief legal officer and disclosed in a Securities and Exchange Commission filing, Musk's attorneys contend Twitter "has not complied with its contractual obligations" to provide accurate assessments of how many fake user accounts are on its system. Musk: Twitter never provided accurate info on daily active […]
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