Business

Business
1:38 pm
Fri March 21, 2014

Caterpillar reportedly under investigation by Senate panel

Bloomberg is reporting a U.S. Senate investigative panel is examining Caterpillar.  The investigative panel is reportedly examining whether the company avoided U.S. taxes by moving profits outside the country. 

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Politics
9:21 pm
Tue March 11, 2014

Healthy lead for Rauner in governor’s race

The Illinois primary is a week away--and businessman Bruce Rauner has a healthy lead in the Republican race for governor.  The billionaire venture capitalist has made job creation a capstone of his campaign, and says he understands how hard it is for families to get ahead in Illinois.

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Business
4:45 pm
Tue March 4, 2014

Peoria Women’s Leader Luncheon to continue this year

A recently-suspended tradition in Peoria returns this Spring with help from the Community Foundation of Central Illinois and the Women's Fund. The groups are hosting the 35th annual Women To Women Leader Luncheon. The YWCA started the event in 1978. But the tradition didn't go on last year when the cash-strapped YWCA ceased operating. Christine Shay chairs the Women's Fund Board. She says former YWCA officials asked if the Women's Fund could continue the luncheon: 

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Business
5:59 pm
Fri February 28, 2014

State Farm praises 2013 financial results

State Farm Insurance is reporting gains in net income, net worth, and underwriting premiums last year. Bloomington Normal's largest employer benefited from a friendly stock market as the company's net worth increased more than $10 billion to a record total of nearly $76 billion.

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Business
2:06 pm
Tue February 18, 2014

LaHood joins Proterra board of directors

Former U.S. Transportation Secretary Ray LaHood is joining the Board of Directors for Proterra.  The company makes electric bus fleets.  

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Business
3:01 pm
Fri January 31, 2014

Hick’ry Stick closing Elmwood location

Elmwood is planning to close that location February 15th.  The Peoria County Board approved loaning Hick’ry Stick $88,000 two years ago to help expand.  That was after some board members expressed concern that there wasn’t enough financial information presented before lending the money.  Mark Rothert is Assistant Peoria County Administrator for Economic Development. He says the County has made changes to how it loans money since that time:

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Business
1:49 pm
Thu January 30, 2014

Madigan wants to cut corporate income tax

The Illinois House Speaker is calling for a cut in the state’s corporate income tax rate.

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Business
3:48 pm
Thu December 19, 2013

Washington launches shop local campaign amid recovery

Washington is focused on financial as well as physical recovery from last month's tornado.  The city's Chamber of Commerce launched a new campaign called 'Visit, Shop, Eat Washington'.  Mayor Gary Manier says the goal is to get residents from other communities to shop in the town:

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Business
6:33 pm
Tue December 10, 2013

IL Gov. candidate weighs-in on ADM headquarters

A newly merged Office Depot chose to locate its headquarters in Florida, instead of Illinois.  A Republican candidate for governor says Illinois needs to hurry if it doesn't want a similar fate with ADM.

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Business
6:01 am
Mon November 18, 2013

A look at Galesburg’s Sustainable Business Center

The newest tenant at Galesburg’s Sustainable Business Center is a coffee shop called Jerry’s Mojo.  However, the owner is only at the Center when he parks the shop at the end of the day.  IPR’s Scott Stuntz explains:

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