Quincy IL News
Thursday, July 29, 2010   |   Updated 5 hours ago
 

Business News Archive

Toyota to recall 400,000 cars

The Avalon model has a steering problem

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Ameren announces hardship assistance

Not-for-profits and small, independent businesses of 50 or fewer employees are eligible for hardship assistance with utility bills through a program announced Thursday by Ameren Illinois

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Titan International announces financial results from second quarter

Sales for second quarter 2010 were $229.7 million, an increase of 11 percent compared to the second quarter of 2009

Corn Products International posts higher 2Q profit

The company expects a full-year profit of $2.55 to $2.75 per share, compared with its earlier estimate of $2.25 to $2.60 a share

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Heyward heading out as BP boss

Bob Dudley would be the first American to run the company

Midwestern winemakers look for respect

"The quality of (regional) wine is a lot better than almost 10 years ago," said Steve Tindle, wine and spirits director of a Chicago restaurant

United-Continental Airlines leadership to be set soon

The two companies are working on a new leadership team for the combined company, which will be based in Chicago

Local unemployment spikes in June

Rate remains higher than 2009 and spikes back up from May, Adams County still about 3,000 jobs short from where it was five years ago

Director of Alumni Services named at Hannibal-LaGrange

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Gardner Denver posts 2Q results

Revenues up 3 percent from 2009

Study says state's small businesses may be eligible for health care tax credit

About 79% of the state’s businesses that employ fewer than 25 workers, or 159,900 companies, are eligible for a tax credit of up to 35% of their employees’ premiums

Unemployment rate rises in Illinois, falls in 39 other states

The unemployment rate fell in most states in June, mainly because more people gave up searching for work and were no longer counted

United sees reaping $1 billion a year by expanding baggage fees

Fees only are charged to economy-class passengers on domestic flights

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Music studio to open in Downtown Quincy

Center Stage Music will offer lessons beginning in September

Farmers Markets can now accept Illinois LINK cards

Quinn signs law to help farmers with electronic equipment needed to use state assistance

Titan Tire announces purchase of Denman Tire Machiner

The sale price, which didn't include land or buildings, was $3 million

U.S. Senate approves $6.27 million for Illinois agri-business

Funding is intended to pay for research on crop yields, livestock productivity and veterinary medicine

State giving $2 million to Pike Co. company to process Asian Carp

Under the agreement, Big River will use its fishery in Pearl to process, package and ship carp to Zhuochen for resale

Lottery sells $100 million more in tickets over last year

Almost half of the increase came from the new Powerball game in Illinois, which made $43 million in its first year

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Mercantile Bancorp announces workforce reduction

25 employees affected, nearly 9 percent of company's workforce

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Titan Wheel has new president

David Salen takes over Quincy operations, Ron Schildt moves to Titan International corporate

Quinn, Brady focus on economy

As Illinoisans try to manage their own finances -- worried about getting jobs, keeping the ones they have, or paying bills despite not getting raises -- the state's economy is shaping up as a key issue in the race for governor

Toyota lashed out at prof during big recall

SIU's David Gilbert sought to show that electronics might be to blame for the problem in Toyotas - the world's largest automaker tried to cast doubt on his findings

Motorola, others sued by patent holder over e-mail

Patent company NTP Inc. is suing Apple, Google, Microsoft, HTC, Motorola and LG, claiming infringement of the same patents that were at issue in its suit against Research In Motion

Quinn signs sales tax holiday into law

Holiday will run from August 6 to August 15, computers not eligible

Illinois state workers to get 14 percent payraises

More than 40,000 unionized state workers got a pay raise last Thursday

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Rate hike expected from Postal Service

Under law, the USPS is limited to increases no more than the rate of inflation. The agency is allowed to seek a larger increase in unusual circumstances

Southern Illinois getting $7.4 million for rural broadband

A southern Illinois telephone company is to receive $7.4 million in grant and loan money to help expand access to high-speed Internet in the region

Weak jobs report points to stagnating economy

In the latest and sharpest sign yet that the economic recovery may be losing momentum, private employers added a meager 83,000 jobs in June and reduced the average work hours and earnings of all employees

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Gardner Denver acquires German company

Company adds to European operations

Hare votes for new Wall Street reforms

Republican opponent says Congressman is voting to end bailouts after he voted for them

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Gulf oil spill may boost ethanol

The ethanol lobby is increasingly making the scene unfolding in the Gulf of Mexico a backdrop for the nation's energy debate

New jobless claims rise in sign of weak job market

Initial claims for unemployment benefits rose for the second time in three weeks last week, signaling that layoffs are rising

Home prices up in April for first time since September

The overall price gains highlight the impact of the federal tax credits for homebuyers at the start of the traditionally strong spring selling season

IRS issues tanning tax guidelines

Ten percent tax takes effect Thursday

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Blessing pledges support to Riverfront Athletic Association

Hospital corporation says it is committing 'resources and expertise' to new athletic training endeavor

Consumers buying into organic farms

It's a small trend in Illinois that reflects the growing interest in organic food consumption

Walgreen's rating raised by Moody's after end of CVS spat

The companies patched up their differences and announced a new deal earlier this month

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State's minimum wage too high, Brady says

GOP governor candidate says Illinois rate should be set at federal level

Government lowers growth estimate for 1st quarter

The Commerce Department says that gross domestic product rose by 2.7 percent, less than the 3 percent estimate released last month

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DOT to start $15 million expansion in July

Warehouse expansion could add 20 jobs

Census: With jobs scarce, Rust Belt cities decline

New census estimates for 2009 highlight the continuing effects of the recession on the nation’s cities

Cigarette packaging sees 'light' changes

FDA officials have said the changes are necessary because people mistakenly believe that "light" cigarettes are healthier than others

Wal-Mart reveals plan to build dozens of Chicago stores

The company said the new plan, "the Chicago Community Investment Partnership" will lead to 10,000 Wal-Mart jobs in Chicago and 2,000 unionized construction jobs

Corn Products to buy starch business

Dutch paintmaker Akzo Nobel NV said Monday it has agreed to sell its starches arm to Westchester-based Corn Products International for around $1.3 billion

Caterpillar says North American growth boosted business in May

It was the first time since August 2006 the company has reported year-over-year growth in North America machine sales

State sales tax holiday wouldn't apply to everything

What you could buy free of the 5 percent share of sales tax would be limited

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Blessing-Rieman College of Nursing expanding enrollment

Program takes action following cuts at John Wood Community College

Illinois adds 16,700 jobs in May

Although much of the growth is attributed to Census 2010 employment, significant job growth continued in several major industry sectors

Illinois joins in Google Street View privacy investigation

Madigan announced her office will look into whether Google violated privacy laws when they collected personal information from Illinois resident while they were gathering data for its popular Street View service

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