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207 Results / Page 9 of 23

Business & Lifestyle

Olney-based TrustBank acquires TNB Bank

TUSCOLA -- TNB Bank in Tuscola recently got a new name and new ownership. TrustBank is a bank group based in Olney that, prior to the acquisition, had four branches in Illinois and three in Arizona. The sale of TNB Bank was finalized Friday, and the facility re-opened Monday under the TrustBank banner. "The company is very excited to extend its reach into Douglas County," stated Gina Kocher, director of marketing and business development for TrustBank. "It fits our culture. […]

March 16, 2022 421

Financial News

Missouri legislation would shield cryptocurrency from some taxes

JEFFERSON CITY (The Center Square) – Missourians using digital or virtual currencies would be protected from some taxation under a bill introduced in the legislature. House Bill 2672, sponsored by Rep. Phil Christofanelli (R-St. Peters) exempts cryptocurrencies from property tax and securities regulation. The bill defines digital assets in Missouri’s Uniform Commercial Code. It would exempt the sale or use of cryptocurrency from money transmitter licensing requirements. “My goal is to ensure Missouri is open to innovation and opportunity as […]

February 24, 2022 121

Business & Lifestyle

Indian government clarifies legal status of cryptocurrency

NEW DELHI, India -- The issue of cryptocurrency remains a gray area in the eastern Asian nation of India. The nation neither considers it legal nor makes it illegal. A member of the Parliament of India, the nation's finance secretary, and the finance minister recently made clarifications relating to the status of cryptocurrency in India. What is the legal status of cryptocurrency in India? Indian finance minister Nirmala Sitharaman made an announcement nearly two weeks ago to tax income from […]

February 13, 2022 117

Business & Lifestyle

Apple’s first iPhone turns 15 years old

CUPERTINO, Calif. (UPI) -- Sunday marks 15 years since the late Steve Jobs unveiled Apple's first iPhone, spurring a revolution in cellphone technology. On Jan. 9, 2007, Jobs introduced the cutting edge smartphone as "an iPod, a phone and internet communicator" during a keynote presentation in Las Vegas. "iPhone is a revolutionary and magical product that is literally five years ahead of any other mobile phone," he said. The original phone launched at a base price of $499 for 4 GB […]

January 9, 2022 59

Business & Lifestyle

Scooter’s to build new store in Greenville

GREENVILLE -- Last month, Boundless Enterprises, doing business as Scooter's Coffee, purchased property in the city of Greenville. Boundless has been approved for a building permit for a Scooter's Coffee location. It will be built on the northeast corner of Illinois Route 127 and U.S. Route 40. Interim city manager Sue Ann Nelson reports that site work will begin in the very near future. Scooter’s Coffee was created in 1998 as a drive-through business, selling a variety of foods and […]

January 6, 2022 57

Automotive News

Tesla recalls nearly half a million cars

AUSTIN, Tex. (UPI) -- Tesla issued recalls for nearly half a million Model S and Model 3 cars due to trunk and camera defects. This applies to all Model 3 cars released between 2017-2020 and some Model S vehicles. According to Tesla, the Model 3 cars may have problems with the opening and closing of the trunk, which can affect the cable harness that attaches to the rearview camera, causing the camera to unexpectedly fail, Barron's reported. The Model S […]

December 30, 2021 73

Business & Lifestyle

Oracle to buy medical e-records company Cerner

AUSTIN, Tex./KANSAS CITY, Mo. (UPI) -- Software developer Oracle announced on Monday that it has agreed to buy electronic medical records company Cerner for close to $30 billion -- the largest acquisition in the company's history. Oracle said it will pay $28.3 million for Cerner, which provides electronic record-keeping for hospitals and doctors' offices nationwide. The all-cash deal, expected to close next year, values Missouri-based Cerner at $95 per share. "Healthcare is the largest and most important vertical market in the […]

December 20, 2021 94

Business & Lifestyle

Federal Reserve to announce end of bond-buying program

WASHINGTON (UPI) -- The Federal Reserve opened a two-day meeting on Tuesday at which Chairman Jerome Powell is expected to announce the tapering of the Fed's bond-buying program, which was enacted as an emergency response to COVID-19. Powell and the Fed have resisted ending the program so far, but there's now pressure to start winding down $120 billion in monthly purchases due to changing economic conditions. Amid rising inflation, Powell has indicated that the Federal Reserve Board will begin to […]

November 3, 2021 37

Business & Lifestyle

Expecting pent-up demand, Sam’s Club to start holiday sales early this year

BENTONVILLE. Ark. (UPI) -- Sam's Club, the discount retailer owned by Walmart, signaled on Friday that it's expecting Americans to return to major holiday celebrations this year after a muted Thanksgiving and Christmas season in 2020 due to COVID-19. Sam's Club announced its plans for the 2021 holiday season, which include larger turkeys, taller Christmas trees, and greater inventories of toys. The membership-only company said it will also offer twice as many discounts as it did last year. "Sam's Club will […]

October 8, 2021 31

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business news

Olney-based TrustBank acquires TNB Bank

Missouri legislation would shield cryptocurrency from some taxes

Indian government clarifies legal status of cryptocurrency

Apple’s first iPhone turns 15 years old

Scooter’s to build new store in Greenville

Tesla recalls nearly half a million cars

Oracle to buy medical e-records company Cerner

Federal Reserve to announce end of bond-buying program

Expecting pent-up demand, Sam’s Club to start holiday sales early this year

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Some images copyright United Press International, Capitol News Illinois, Missourinet, Missouri Independent, Public News Service. Other images courtesy of Adobe Stock, Pexels, Pixabay, and Unsplash.

Some rights reserved 2016-2026 Heartland Newsfeed and 2023-2026 Heartland Media Group of Central Illinois & Eastern Missouri.

Content published by Heartland Newsfeed staff is covered by the BipCot NoGov license. This allows use and re-use by anyone except governments and government agents. License on record.

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