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Business & Lifestyle

Comcast wins Sky auction with $40 billion bid, stock tanks early

PHILADELPHIA/LONDON (Heartland Newsfeed) -- Comcast shares fell 6 percent, despite falling as low as 8 percent, Monday following the announcement that they had won the bidding war for British media giant Sky, redrawing the global media landscape. Comcast was in a bidding battle with 21st Century Fox and Disney, ending with a $40.13 billion final bid, amounting to $22.66 per share compared to the Fox/Disney bid at $20.55 per share when the three companies were inquired of their best offer […]

todaySeptember 24, 2018 4

us1c76
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Business & Lifestyle

White Oaks Mall: what’s next as anchor stores close

SPRINGFIELD (Heartland Newsfeed) -- The capital city's mall is about to become a bit emptier with the upcoming closure of two of their anchor stores. Bon-Ton Stores, which owns and operates 260 department stores including the Bergner's retail chain, announced in April that that all stores will be closing permanently. Also closing is the Sears location, according to parent company Sears Holdings and their press release in May, citing a history of not turning a profit. The company sold the […]

todayAugust 28, 2018 5

venezuela
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Business & Lifestyle

Venezuela testing Petro-based minimum wage hike

CARACAS, Venezuela (Heartland Newsfeed) -- Venezuelan dictator Nicolás Maduro announced that Venezuelans will be paid a minimum of 0.5 Petro (PTR) following the implementation of his monetary reforms this week. Considered to be a 60-time wage increase over the current minimum monthly salary of $1, the government-backed cryptocurrency will be able to be exchanged at the rate of $60 U.S. dollars (USD) with the new "sovereign bolivar" being tied into the digital coin. It is unclear on the reasoning for the […]

todayAugust 19, 2018 8

AUTO THEFT AUTO THEFT AUTO THEFT AUTO THEFT
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Business & Lifestyle

U.S. criminals finding creative ways to steal construction equipment

The construction equipment sector is expected to increase 12% from 2016 to 2026. There are dozens of industries that rely on quality pieces of equipment to ensure productivity and efficiency. Unfortunately, there are plenty of criminals out there that are hoping to take advantage of construction firms, farm owners, and other organizations and steal these valuable pieces of machinery. Approximately 87% of farms across the United States are owned and operated by either individuals or families. These farmers' livelihoods are […]

todayAugust 17, 2018 12

GAS GAS GAS GAS GAS GAS GAS GAS GASSSSSSS
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Business & Lifestyle

Surging gas prices impacting global circulation

Gas prices, once again, are on the rise and it's causing problems for international superpowers and individual drivers alike. According to data company Inrix, the typical American commuter not only wastes 42 hours in traffic each year, but an astounding $1,400 in gas expenses. The U.S. daily national average for regular gasoline is now $2.81 per gallon, up from about $2.38 per gallon a year ago, according to Oil Price Information Service. Across the country, 16% of gas stations are […]

todayAugust 17, 2018 17

Business & Lifestyle

8 things savvy homeowners look for BEFORE buying a home

Touring a home is incredibly exciting. You're probably looking for a nice kitchen, hardwood floors, and an updated master suite. There are other things that you should be looking for too during your house tour, and here are just a few of them. Entertaining space The desire for great entertaining space has grown significantly in the last few years. Millions of homeowners around the country are changing their homes to make them better for entertaining. In fact, a recent Houzz […]

todayJuly 30, 2018 4

Business & Lifestyle

Midwestern farmers may stand to lose billions in trade war

ANKENY, Iowa (Heartland Newsfeed) -- Midwestern farmers may expect to lose billions of dollars this year should the trade war continue to escalate between the United States and China. The country imposed $50 billion in tariffs on American exports of soybeans and additional agricultural products Friday in retaliation to tariffs imposed in the States on Chinese imports, which was described by President Donald Trump as combating "unfair practices related to the acquisition of American intellectual property and technology." The two […]

todayJuly 9, 2018 19

Business & Lifestyle

McMahon set to spend $500 million in XFL revival

STAMFORD, Conn. (Heartland Newsfeed) -- World Wrestling Entertainment (WWE) chairman Vince McMahon is stating that he plans to spend $500 million over the first three seasons of the revived XFL. McMahon announced the return of the XFL on January 25 that he was planning to revive the league with a target relaunch date in 2020. The first incarnation of the league started in 1999 with their only live broadcast season being in 2001 as a joint venture between WWE (then […]

todayJuly 4, 2018 18

Business & Lifestyle

COMMENTARY: Bank of Springfield Center and SMEAA — a massive drain on taxpayers

(Heartland Newsfeed) -- The Illinois Policy Institute published a story Tuesday regarding the Springfield Metropolitan Exposition and Auditorium Authority (SMEAA) and the damning debt that Springfield taxpayers are on the hook for against their own will. Please note that I may be linking to some of IPI's articles in this commentary. Springfield-area residents often see as many as ten different governmental taxing bodies on their property tax bills each year, most of which include SMEAA. While being furthest from being […]

todayJune 27, 2018 19

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