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Business & Lifestyle

Illinois Policy Institute: Moody’s warns delay of state funding for Illinois schools a ‘credit negative’

SPRINGFIELD/CHICAGO (Illinois Policy Institute) -- State lawmakers keep giving ratings agencies reasons to downgrade Illinois government: pension crises, years of bad budgets and a two-year budget impasse are just a few examples. All have caused the credit ratings of various Illinois governments – from cities to universities to the state itself – to collapse. Many are now junk-rated and the state is just one notch away from junk itself. Now the ratings agencies have yet another reason to downgrade some […]

todayAugust 21, 2017 2

Business & Lifestyle

U.S. warns Americans of possible ‘tainted’ alcohol in Mexico

Andrew V. Pestano, United Press International Writer WASHINGTON (UPI) -- The U.S. Department of State has warned people traveling to Mexico about possibly tainted or substandard alcohol, and to drink responsibly after the death of a Wisconsin woman. The department on Wednesday updated its alerts and warnings page on Mexico, where travelers can find different information on embassies, local laws and visa requirements. The Milwaukee Journal Sentinel earlier reported that 20-year-old Abbey Connor became sick while drinking alcohol during a Mexican vacation in January. She […]

todayJuly 27, 2017 17

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Business & Lifestyle

Kankakee auditor warns that additional revenue is not ‘extra money’

Kankakee County's auditor has a warning: Just because there's going to be some extra income this year doesn't mean the county should spend it. Jacob Lee recently released the county’s fiscal year 2017 first quarter financial report, which shows the county on track to have greater revenue than expenditures, but the county is not financially sound, he said, according to a press report. “All things being equal, current projections indicate that there will be more revenue than expenditures this year,” […]

todayJune 13, 2017 5

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