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Core & Main

Business News

Core & Main to acquire Lee Supply

Core & Main plans to expand waterworks presence in the Eastern U.S.

ST. LOUIS (BusinessWire) -- Core & Main Inc. (NYSE: CNM), a leader in advancing reliable infrastructure with local service, nationwide, has entered into a definitive agreement to acquire substantially all of the assets of Lee Supply Company Inc. (Lee Supply), a leading specialty distributor and fabricator of high-density polyethylene (HDPE) pipe and other related services, including HDPE fusion equipment rentals and custom fabrication capabilities. Since 1954, Lee Supply has been a preferred supplier and specialty fabricator of engineered HDPE pipe, fittings, […]

todayNovember 14, 2023 28

LLCU Nokomis Savings Bank

Business News

LLCU completes purchase of Nokomis Savings Bank

DECATUR/NOKOMIS -- Land of Lincoln Credit Union (LLCU) announced in a press release Monday that it has completed its purchase and assumption of Nokomis Savings Bank. LLCU now assumes the assets and liabilities of Nokomis Savings Bank, effective as of this past Friday at midnight. With the completion of the purchase, LLCU expands its footprint to 15 branches in a 28-county service area across Central Illinois. “We have already received a very warm welcome by the Nokomis community,” stated Robert […]

todayNovember 13, 2023 49

abroad job opportunities

Business News

Countries with the most job opportunities

Moving to a different country can be the best thing you can do for your job and career goals. While the U.S. government doesn’t track how Americans work outside, recent estimates put the number at around 9 million. If you’re considering moving outside your country to work, it’s important to find a location that offers the highest opportunities with an increasing demand for labor. Think of countries with openings in various sectors and a high demand for foreign labor. The […]

todayNovember 12, 2023 52

Paxton Media Southern Illinoisan

Southern Illinois Region

Paxton Media acquires The Southern Illinoisan newspaper

LOUISVILLE, Ky./CARBONDALE -- Paxton Media Group (PMG), a family-owned media company currently managed by fifth generation family members, has agreed to purchase The Southern Illinoisan newspaper on Monday. Lee Enterprises had owned The Southern Illinoisan since 1979. Dirks, Van Essen & April, a media merger and acquisition firm based in Santa Fe, New Mexico, is representing Lee Enterprises in the transaction. Terms were not disclosed. PMG Group Publisher Bill Evans will add The Southern to his stable of media properties […]

todayOctober 30, 2023 36

Advantage Solutions

Business News

Advantage Solutions to move HQ to St. Louis

ST. LOUIS -- A Fortune Top 1000 company will soon call Missouri home. Advantage Solutions, a marketing company based in Irvine, California plans to relocate to St. Louis County in the first quarter of 2024. According to St. Louis Business Journal, Company CEO Dave Peacock expects there to be up to 40 people working at the new location in Clayton. Peacock told KMOX Radio in St. Louis that the area has a lot of good things going on. “For us […]

todayOctober 12, 2023 33

Goldman Sachs

Business News

Goldman Sachs to pay $6 million fine

Fine assessed for incomplete, inaccurate blue sheets

WASHINGTON (UPI) -- The Securities and Exchange Commission announced Friday that it has fined financial giant Goldman Sachs $6 million for failing to submit accurate information in its blue sheets. Blue sheets are documents detailing the specifics of transactions that are sent to the SEC. "The Securities and Exchange Commission today announced settled charges against Goldman Sachs & Co. LLC for failing to provide complete and accurate securities trading information, known as blue sheet data, to the SEC. Goldman agreed to pay a […]

todaySeptember 27, 2023 27

Murdoch

Business News

Murdoch to step down as chair of Fox, News Corp.

NEW YORK (UPI) -- Rupert Murdoch will step down as board chair of Fox and News Corp. and be succeeded by his eldest son, Lachlan Murdoch, the companies announced Thursday. Rupert Murdoch, 92, will step down from the roles effective mid-November at which point Lachlan Murdoch will become the sole chair of both companies. "On behalf of the Fox and News Corp boards of directors, leadership teams, and all the shareholders who have benefited from his hard work, I congratulate my father on his […]

todaySeptember 21, 2023 65

Amazon

Business News

Amazon to hire 250,000 workers for holidays

SEATTLE (UPI) -- Amazon announced on Tuesday that it will hire 250,000 people for the upcoming holidays. This year's hiring announcement is 100K more than the company said it would hire during last year's winter holidays. The company said it is hiring full-time, part-time, and seasonal workers for its fulfillment centers and transportation roles throughout the United States. Amazon added 800,000+ jobs since 2018, to add 250,000 more Amazon said it has added more than 800,000 such jobs in the past five years, adding […]

todaySeptember 19, 2023 53

Illinois electric vehicles

Business News

Battery manufacturing plant coming to Illinois

Lithium-ion plant in Manteno part of state’s ongoing effort to court electric vehicle manufacturing

MANTENO (Capitol News Illinois) -- A new battery manufacturing plant is set to open in northern Illinois next year after the state offered more than $330 million in tax incentives to make it happen. Gotion, a Chinese battery manufacturing and development company, announced on Friday that it will build a lithium-ion battery manufacturing facility in Manteno, about 50 miles south of Chicago. The roughly $2 billion project is set to create 2,600 jobs and begin production in 2024. The plant […]

todaySeptember 8, 2023 70

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