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Business & Lifestyle

Comcast drops Jennifer Lopez’s Fuse channel

NEW YORK (UPI) -- Comcast has decided to drop the Fuse network, owned in part by Jennifer Lopez, from its lineup of cable channels. "We regularly evaluate our channel lineups and sometimes make changes to ensure we're offering customers a wide variety of the content that they want to see at the best value," Comcast said in a statement. "In this case, much of the content carried by Fuse is similar to content that is also available on other networks. […]

todayJanuary 2, 2019 14

Dow Jones

Business & Lifestyle

Dow survives early losses to close up 260 points

NEW YORK (UPI) -- The Dow Jones ended with a second consecutive day of gains after a roller coaster session that saw it drop more than 600 points Thursday. At its lowest point of the day, the Dow Jones was down 611 points, before rallying back to close up 260.37, or 1.14 percent, to 23,138.82 at the end of trading. The S&P 500 fell as much as 2.8 percent, while the Nasdaq dropped 3.3 percent, but each closed the day […]

todayDecember 27, 2018 9

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Business & Lifestyle

Dow Jones soars more than 1,000 points in largest single-day increase

NEW YORK (UPI) -- The Dow Jones Industrial Average soared more than 1,000 points Wednesday for its largest-ever single-day point increase, as stocks rebounded from a historically poor Christmas Eve. The Dow Jones was up 1,086.25 points, or 4.98 percent, at the end of trading, while the S&P 500 rose 4.96 percent and the Nasdaq Composite increased 0.40 percent. Retailers helped lead the charge Wednesday, as shares of Wayfair, Kohl's and Dollar General all rose at more than 7 percent, […]

todayDecember 26, 2018 5

holiday shopping Christmas shopping sales tax taxation

Business & Lifestyle

OP-ED: Holiday shopping and the sales tax Scrooge

The average American will spend around $800 on gifts this Christmas. But making those holiday buys in Illinois will leave many families wishing they could get more bang for their buck. Illinois passed its first state sales tax – 2 percent on all retail goods – all the way back in 1933. It not only replaced revenue that came from the old statewide property tax, but brought in a lot of new money as well. Fast forward to today: Illinois’ […]

todayDecember 16, 2018 14

Nexstar Tribune Media WGN America

Business & Lifestyle

Sources: Nexstar acquires Tribune Media in $4.1 billion deal

IRVING, Tex./CHICAGO (Heartland Newsfeed) -- Chicago-based Tribune Media Company has reached an agreement Sunday with Irving, Tex.-based Nexstar Media Group Inc. in an acquisition costing roughly $4.1 billion, according to sources knowledgeable of the matter. This deal and merger between the two companies will create the largest regional U.S. TV station operator. Tribune Media owns 45 television stations including flagship station WGN and cable network WGN America, 11 digital assets under the Tribune Entertainment banner and the WGN radio station […]

todayDecember 2, 2018 6

hotel and resort fees

Business & Lifestyle

These hotel fees are making your stay more expensive

Last week I wrote about some of the new and different ways airlines are collecting fees, rendering many base fare comparisons moot. Well, as it turns out, a similar phenomenon has also been affecting a different part of the travel sector for years. I speak, of course, of the hotel industry. Just as looking on third-party travels sites for flights can sometimes cause you to overlook the true cost, there are a few semi-hidden hotel fees that also increase the […]

todayNovember 28, 2018 7

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Business & Lifestyle

CVS Health: Deal to buy Aetna will close after Thanksgiving

WOONSOCKET, R.I. (UPI) -- CVS Health's $69 billion acquisition of Aetna will take longer than expected as the retail pharmacy needs approval from two more state departments of insurance. Earlier this month, CVS CEO Larry Merlo said the deal was on track to close before Thanksgiving. In a SEC filing Tuesday, the company said that now won't happen until after the holiday. "CVS Health has made significant progress and is in the final states of the approval process with the […]

todayNovember 21, 2018 11

Illinois

Business & Lifestyle

Small businesses in Illinois can’t find enough workers to fill open positions

Small businesses in Illinois and across the country can't find enough workers to fill open positions. That’s the word from a recent national survey from the National Federation of Independent Business in which nearly 90-percent of respondents reported few or no qualified applicants for job openings. The problem is worse in certain sectors, said Mark Grant, Illinois director for the NFIB. “When you get some of our business owners who need tradespeople, jobs that are more intensive, labor-type things, those […]

todayNovember 11, 2018 26

Ford

Automotive News

Ford to buy ride-share scooter startup Spin

DETROIT (UPI) -- Ford Motor Company announced Thursday it will buy scooter ride-share startup Spin, in an effort to build its mobility business beyond full-size vehicles. Ford said Spin will become part of its Smart Mobility division, the automaker's division that explores future transportation ventures. Financial terms of the deal were not specified. California-based Spin operates in 13 cities and college campuses and plans to expand to several new markets in the coming months. Ford said it wants to grow […]

todayNovember 8, 2018 24

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