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County Market Hy-Vee
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Business News

Jacksonville County Market bought by Hy-Vee

No details available on sale

JACKSONVILLE -- Iowa-based grocery chain Hy-Vee is coming to Jacksonville as the County Market store on West Morton Ave. was sold Thursday. It was confirmed via multiple sources, including WLDS, of the store's sale. The sale was later revealed to current County Market employees. "This time the rumor is true," Tina Potthoff, senior vice president of communications for Hy-Vee. "We are very excited to come to Jacksonville and be a part of the community." Potthoff declined to provide specific details […]

todaySeptember 8, 2023 104

crop moisture extreme heat humidity
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Illinois

Heat wave could slow drought improvement

BLOOMINGTON (FarmWeekNow) -- Soil moisture levels and crop conditions improved significantly the past six weeks. But that pattern could shift as hot and dry conditions are projected to envelope much of the Corn Belt, including Illinois, for at least the next week. High temperatures could fire up well into the 90s with heat index readings into the triple-digits, based on the forecast as of press time. If realized, the hot and dry weather will slow drought improvement, according to Trent […]

todayAugust 18, 2023 561

LLCU
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Business News

LLCU completes purchase of Colchester State Bank

DECATUR -- Another bank in Central Illinois is now part of the Land of Lincoln Credit Union (LLCU) family. LLCU announced Friday its completion of the purchase and assumption transaction with Colchester State Bank in McDonough County. Through this transaction, LLCU has acquired all assets and liabilities of Colchester State Bank. The completion of this acquisition now results in LLCU's footprint expanding to a total of 14 branches. The initial deal was brokered and signed in December 2022. "We look […]

todayJuly 23, 2023 51

Federal Reserve Jerome Powell
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Business News

Federal Reserve starts new instant payment system

WASHINGTON (UPI) -- The Federal Reserve said Thursday that its new system for instant payments to financial institutions has gone live. The Fed said that banks and credit unions can start signing up for the system, called the FedNow Service, which will allow for instant money transfers for customers at any time of the day. "The Federal Reserve built the FedNow Service to help make everyday payments over the coming years faster and more convenient," Federal Reserve Chair Jerome Powell said in a statement. "Over time, […]

todayJuly 20, 2023 451

business
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Business News

New business security threats coming in 2024

2024 may not be close yet, but experts are already identifying new security threats that your business could face. Why is this important? That's because the average cost of security or data breaches reached a record high of $4.3 million in 2022 alone, according to a data breach report by IBM. Without the right prevention strategies, businesses can lose even more money to such threats or attacks next year. Even worse, these threats will become more sophisticated with time, and […]

todayJuly 18, 2023 42

Illinois
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Business & Lifestyle

Illinois hotels report record revenues for FY23

CHICAGO (Capitol News Illinois) – For hoteliers, business is booming in Illinois. On Monday, Gov. JB Pritzker, the state’s legislative leadership and representatives of the hospitality industry announced that hotels in Illinois saw record revenues in fiscal year 2023, which ended June 30. Across the state, hotels brought in $307.8 million, according to figures from the state’s Department of Revenue. That beats fiscal year 2019, the previous record year for hotel income and the last year before the pandemic upended […]

todayJuly 11, 2023 51

AI
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Business News

AI is more helpful than a hindrance

Artificial intelligence, or AI, is the most divisive topic in this half of 2023. But far removed from the doom and gloom scenarios, AI is helping both businesses and their employees achieve larger goals. From helping inexperienced staff to human resources issues, the applications are far and wide. If, as an employer, you aren’t convinced, here are a few examples for your consideration. Reducing workplace risk There is risk in almost any sector. And the volume directly dictates how much […]

todayJuly 8, 2023 42

stocks stock business
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Business & Lifestyle

Stocks rise after strong first half of 2023

NEW YORK (UPI) -- The U.S. stock markets closed early Monday in observance of the Fourth of July holiday with the Dow, S&P 500, and NASDAQ all rising. Monday marked the start of the second half of 2023 and added to a strong first half for the markets. The Dow Jones Industrial Average rose 10.87 points, or 0.032%, to close at 34,418.47. The S&P 500 was up 5.21 points, or 0.12%, closing at 4,455.59, and the NASDAQ Composite jumped 28.85 points, […]

todayJuly 3, 2023 57

business fleet
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Business News

Addressing challenges with effective fleet management

In the world of logistics, ensuring customer satisfaction is paramount, Delivering products on time and in optimal condition plays a pivotal role in building a strong brand reputation and fostering customer loyalty. However, there are instances when truck fleet management can affect customer satisfaction.  When customers express dissatisfaction with their deliveries, companies must address their concerns promptly and effectively. Apologizing for any inconvenience caused is the first step in resolving the issue. But, as the customers share their complaints, every […]

todayJuly 3, 2023 41

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