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COVID-19

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Illinois JB Pritzker

Capital Area Region

Illinois COVID-19 disaster proclamation ends in May

State emergency orders will end in tandem with national public health emergency

SPRINGFIELD (Capitol News Illinois) – Exactly 38 months after the World Health Organization declared COVID-19 a global pandemic, Illinois will no longer be under a disaster proclamation as of May 11, Gov. JB Pritzker announced Tuesday. That’s the same day President Joe Biden will end the national public health emergency, which just passed the three-year mark last week. The White House announced the May 11 end date on Monday. Pritzker had declared a public health emergency two days before the […]

todayFebruary 2, 2023 51

Illinois Pritzker

Capitol News Illinois

Illinois to reduce federal unemployment debt by $450 million

Low unemployment has allowed for payment from trust fund balance

Gov. JB Pritzker announces a plan Tuesday for the state to pay down $450 million of its outstanding $1.8 billion Unemployment Insurance Trust Fund debt to the federal government. SPRINGFIELD (Capitol News Illinois) – Gov. JB Pritzker announced a plan Tuesday to reduce a $1.8 billion Unemployment Insurance Trust Fund deficit by $450 million through an infusion of unemployment-related revenues. The trust fund is the pool of money paid into by employers to provide a social safety net for unemployed […]

todaySeptember 28, 2022 2

Spot Market Hog Pandemic Program payments

Business News

USDA issues payments for hog pandemic program

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 […]

todayJuly 27, 2022 3

Republicans Republican

Capitol News Illinois

Six Republicans vie to unseat Pritzker

Crime, taxes, abortion, Trump all play heavily in campaign’s final stretch

SPRINGFIELD (Capitol News Illinois) – Republican voters in Illinois will choose from six candidates to challenge incumbent Democratic Gov. JB Pritzker in the upcoming June 28 primary. Field of Republican candidates seeking the nomination The field includes a conservative farmer and state lawmaker who is the recent polling frontrunner, the mayor of Illinois’ second largest city, a former state senator, and three political newcomers. Darren Bailey Darren Bailey, 56, is a conservative state senator from Xenia, a small town in […]

todayJune 24, 2022 1

Netflix

Business & Lifestyle

Netflix shares plunge after report of subscriber drop

NEW YORK/LOS ANGELES (UPI) -- Netflix, once the king of streaming, saw its shares tumble 37% Wednesday after its earnings report revealed that its lost subscribers for the first time in more than a decade. The media company said it lost a net 200,000 subscribers in the first three months of the year even though it added 500,000 worldwide. It lost 700,000 subscribers in Russia after pulling out of the country because of its invasion of Ukraine followed by sanctions. Netflix […]

todayApril 20, 2022 2

Dow Jones stock market

Business & Lifestyle

Dow bounces back 499 points

Netflix posts first subscriber loss in a decade

The Dow Jones Industrial Average gained 499.51 points as investors turned their focus to earnings reports, which saw Netflix report its first loss of subscribers in a decade. NEW YORK (UPI) -- U.S. markets rebounded Tuesday as investors weighed a flurry of earnings reports, including disappointing numbers from Netflix. The Dow Jones Industrial Average gained 499.51 points, or 1.45%, while the S&P 500 rose 1.61% and the Nasdaq Composite ended the day up 2.15%. Netflix reports a drop in net […]

todayApril 19, 2022 4

Uncategorized

Bouncing back after COVID-19

How businesses are faring

The business world has had to face a lot in the past few months. From the global pandemic of COVID-19 to the stock market crash, businesses have had to readjust and bounce back in ways they never thought possible. So how are they doing? Trends to observe There is no one answer to this question, as businesses face different challenges and make other decisions. However, some general trends can be observed: How to ensure success If you are a business […]

todayApril 5, 2022 4

Illinois Mendoza

Capitol News Illinois

Mendoza urges automatic payments into ‘rainy day fund’

State’s financial cushion was exhausted during budget impasse

SPRINGFIELD (Capitol News Illinois) – Illinois Comptroller Susana Mendoza is pushing legislation that would require the state to make automatic deposits into its so-called “rainy day fund” whenever certain financial conditions are met. Officially known as the Budget Stabilization Fund, it was created in 2001 as a reserve so the state could pay its bills in a timely manner, especially during regular months of the year when revenues are lower than other months. The goal was to maintain a reserve […]

todayMarch 13, 2022 2

Ukraine U.S. Embassy

World

U.S. Embassy warns Americans to seek shelter in Ukraine

KYIV, Ukraine (UPI) -- The U.S. Embassy in Ukraine warned Americans in the country to seek shelter during the "highly volatile" invasion of the country." The security situation throughout Ukraine remains highly volatile, and conditions may deteriorate without warning. U.S. citizens should remain vigilant and know the location of your closest shelter or protected space," the embassy tweeted. Embassy officials said in a statement that it has issued a Level 4: Do Not Travel advisory to U.S. citizens "due to […]

todayFebruary 25, 2022 10

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