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Business & Lifestyle

Manufacturer of ride that killed teen at Ohio State Fair says corrosion the cause

COLUMBUS, Ohio (UPI) -- The manufacturer of a ride that malfunctioned at the Ohio State Fair and killed a teenager and injured several other people last month said the mishap was due to corrosion. KMG International, a Dutch-based company that rents out rides to fairs around the world, said in a statement released Sunday that an internal investigation found that "excessive corrosion on the interior of the gondola support beam dangerously reduced the beam's wall thickness over the years. This finally led to […]

todayAugust 7, 2017 18

Business & Lifestyle

Income tax hike will cost Moultrie County residents $3.8 million more this year

  SULLIVAN (Heartland Newsfeed) -- Moultrie County residents will pay an additional $3,812,807 in state income taxes this year, according to an analysis by Local Government Information Services (LGIS). LGIS combined Illinois Department of Revenue data with a forecast by Senate Democrats to estimate how much additional income tax will be paid in each Illinois zip code. The following Moultrie County communities will pay the most: Sullivan ($2,494,088 total/$684 per person), Bethany ($405,754/$476), Dalton City ($317,455/$740) and Gays ($163,851/$514). Retroactive […]

todayAugust 5, 2017 5

Business & Lifestyle

Nissan workers in Mississippi reject bid to unionize

CANTON, Miss. (UPI) -- Nissan factory workers in Mississippi this week overwhelmingly struck down a bid to join the United Auto Workers union, capping a years-long campaign that drew national attention. Roughly 3,500 workers in the Canton, Miss., automobile plant rejected the measure by a 63-37 percent margin, USA Today Network reported. The campaign had been contentious. Some claimed Nissan intimidated its workers to vote against unionization and others said managers at the plant have given preferential treatment to white employees. Sen. Bernie […]

todayAugust 5, 2017 3

Business & Lifestyle

Martin Shkreli found guilty of security fraud

NEW YORK CITY (UPI) -- A jury on Friday found Martin Shkreli, the pharmaceutical executive who came under scrutiny for hiking the cost of a drug by 5,000%, guilty on three counts related to securities fraud. The fraud charges are unrelated to the drug price hike, and have to do with a Ponzi scheme he ran between 2009 and 2014 in which he bilked investors out of a total of $11 million. He was found guilty on three out of the eight charges he […]

todayAugust 5, 2017 4

Business & Lifestyle

Jonas Petty to take on Rep. C.D. Davidsmeyer in Illinois House primary

PITTSFIELD (Heartland Newsfeed) -- Things are beginning to heat up in the Republican primary against C.D. Davidsmeyer in the 100th District of the Illinois House of Representatives, as Pittsfield businessman Jonas Petty has thrown his name into the ring in next spring's primary. Petty, 38, is running to win and looks forward to bringing his conservative values to Springfield. "My values align with my actions," he stated. Petty and wife Jane Ann own and operate William Watson Hotel in Pittsfield […]

todayAugust 5, 2017 9

Business & Lifestyle

Maine becomes fourth state to raise tobacco smoking age to 21

AUGUSTA, Maine (UPI) -- Maine will become the fourth state to raise the tobacco smoking age to 21, after lawmakers voted to override the governor's veto that would have kept the age at 18. Gov. Paul R. LePage derided the bill as "social engineering" and argued that if 18-year-old people are old enough to join the military, they should be allowed to smoke. "I'm not going to strap a gun to their shoulder and go fight a war if they can't […]

todayAugust 3, 2017 3

Ballot Access News

Montgomery County Treasurer Ron Jenkins will not seek a tenth term in 2018

HILLSBORO (Heartland Newsfeed) -- The person who has held county office longer than anyone in Montgomery County's 196-year history announced that he will not seek a tenth term in office. Ron Jenkins, who has served as Montgomery County Treasurer since 1982, will have held the office for nine full terms–36 years–when he retires. "My desire is to retire at the end of this current term, which is Nov. 30, 2018," Jenkins said. "I took office on Dec. 1, 1982, and […]

todayAugust 2, 2017 3

Brexit Watch

Report: Brexit will cause 40,000 investment bankers to leave Britain

LONDON (UPI) -- Britain could lose up to 40,000 investment bankers as a result of Brexit, a new report says. The report from managing consultant group Oliver Wyman says that as Britain prepares to leave the European block by 2019, British bankers working in the European financial system system could move out of London to other European finance hubs. The report states that the European Union "faces a number of broader policy questions about the future structure of the Euro financial system and […]

todayAugust 1, 2017 18

Business & Lifestyle

Rep. Chad Hays accused of violating economic interest filing rules

CATLIN (Heartland Newsfeed) -- Rep. Chad Hays (R-Catlin) should be prosecuted for filing falsified or incomplete information on his statement of economic interest form, according to the Edgar County Watchdogs (ECW). The economic interest forms are meant to facilitate transparency by making public any business and economic interests a public official has. Kirk Allen from the ECW alleges that Hays, upon taking a position earlier this year with the Danville Sanitary District, failed to disclose that he was a state representative […]

todayAugust 1, 2017 4

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