: Stateline Business Journal

608-365-8811

Rauner supports asking voters about minimum wage

ROANOKE, Ill. (AP) — Republican gubernatorial candidate Bruce Rauner (ROW'-nur) says he supports letting voters weigh in on whether Illinois' minimum wage should be increased.

More Quarterly Stateline Business Journal

Stateline Business Journal

AP Business Headlines

Friday 10/17/2014
AbbVie sours on $55B Shire deal after tax changes
Posted: October 17, 2014

AbbVie's board is telling shareholders to vote against its own $55 billion takeover bid for the Irish drugmaker Shire after the U.S. made reincorporating overseas a less lucrative tax maneuver.

Comments (0)
Boire named acting president, CEO of Sears Canada
Posted: October 17, 2014

HOFFMAN ESTATES, Ill. (AP) — A Sears executive was named acting president and CEO of Sears Canada on Wednesday.

Comments (0)
State Collection Service to add 300 jobs in three years By Shaun Zinck
Posted: October 17, 2014

The Wisconsin Economic Development Corporation announced on Monday that $750,000 in tax credits will be awarded to Madison-based State Collection Service as the company plans to create 300 full-time jobs over the next three years, most of which will be added in Beloit.

Comments (0)
Shire: AbbVie should proceed with $55B acquisition
Posted: October 17, 2014

The drugmaker Shire wants AbbVie to stick with its roughly $55 billion acquisition bid, and it is reminding its U.S. counterpart of the hefty breakup fee it will receive if things don't work out.

Comments (0)
Monday 10/13/2014
NorthPointe makes request for emergency department
Posted: October 13, 2014

ROSCOE — Beloit Health System has submitted a request to establish an emergency center at its NorthPointe Health and Wellness Campus in Roscoe.

Comments (0)
Meijer store in South Beloit closer to reality
Posted: October 13, 2014

The Meijer grocery store and retail company is expected to close on property along Willowbrook Road in South Beloit in about 30 days, but an opening of the store is not expected until 2016.

Comments (0)
Food prices edge up in Wisconsin
Posted: October 13, 2014

MADISON — Smaller herds, tight supplies and high international demand for meat and dairy have sent retail food prices rising at Wisconsin supermarkets, according to the latest Wisconsin Farm Bureau Marketbasket Survey.

Comments (0)
Consignment shop opens in Beloit
Posted: October 13, 2014

Two women who’ve been working with people for decades have opened a new boutique consignment store in downtown Beloit.

Comments (0)
New Blackhawk Bancorp president named
Posted: October 13, 2014

David K. Adkins has been named president of Blackhawk Bancorp, the parent company of Blackhawk Bank, based in Beloit.

Comments (0)
Monday 10/06/2014
Sears to raise cash through Canadian ops sale
Posted: October 06, 2014

HOFFMAN ESTATES, Ill. (AP) — Sorely in need of cash, Sears is selling most of its stake in its Canadian unit to raise as much as $380 million.

Comments (0)
Tuesday 09/30/2014
Walgreen reports 4Q loss
Posted: September 30, 2014

DEERFIELD, Ill. (AP) — Walgreen Co. (WAG) on Tuesday reported a loss of $239 million in its fiscal fourth quarter.

Comments (0)
Monday 09/22/2014
Pabst Brewing to be sold to Russian company
Posted: September 22, 2014

(AP) — The maker of Pabst Blue Ribbon beer is being sold to Russian company Oasis Beverages for an undisclosed sum.

Comments (0)
Beanie Babies creator's sentence debated in court
Posted: September 22, 2014

CHICAGO (AP) — Federal prosecutors seeking to put the billionaire creator of Beanie Babies in prison for hiding millions in Swiss bank accounts told appellate court judges Wednesday that the toymaker's sentence of probation threatens to erode the judicial system's ability to deter other tax evaders.

Comments (0)
Tuesday 09/09/2014
McDonald's Aug. sales metric hurt by China scandal
Posted: September 09, 2014

OAK BROOK, Ill. (AP) — McDonald's said Tuesday that a key global sales figure fell 3.7 percent in August, driven lower as the world's biggest hamburger chain's unit that includes the Asia-Pacific region dropped 14.5 percent due to a food-safety scandal in China.

Comments (0)
Monday 09/08/2014
3 Pick N' Save stores closing in Milwaukee area
Posted: September 08, 2014

MILWAUKEE (AP) — Roundy's Supermarkets is closing three Pick N' Save grocery stores in the Milwaukee area.

Comments (0)
Wednesday 09/03/2014
Infinity, AbbVie team up to develop cancer drug 

Posted: September 03, 2014

(AP) — Shares of Infinity Pharmaceuticals Inc. soared Wednesday after it said it could receive more than $800 million from a collaboration with fellow drug developer AbbVie on a potential cancer treatment.

Comments (0)
Tuesday 09/02/2014
ADM selling chocolate business to Cargill
Posted: September 02, 2014

CHICAGO (AP) — Archer Daniels Midland Co. is selling its global chocolate business to Cargill for $440 million.

Comments (0)
Monday 08/25/2014
ADM opens new Chicago headquarters
Posted: August 25, 2014

CHICAGO (AP) — Archer Daniels Midland Company says it new downtown Chicago headquarters is open.

Comments (0)
Thursday 08/21/2014
Illinois' share of bank settlement totals $300M
Posted: August 21, 2014

CHICAGO (AP) — Illinois Attorney General Lisa Madigan says the state will receive $300 million in its share of a national settlement with Bank of America.

Comments (0)
Unemployment down in Wisconsin cities, counties
Posted: August 21, 2014

MADISON, Wis. (AP) — Unemployment fell in most Wisconsin cities and counties in July.

Comments (1)
2 companies settle with Wisconsin in scam lawsuit
Posted: August 21, 2014

MADISON, Wis. (AP) — Two out-of-state companies have agreed to pay $50,000 to consumers and Wisconsin after the state sued them for scamming people out of hundreds of thousands of dollars and airline tickets.

Comments (0)
Wednesday 08/20/2014
Fortune Brands to sell window business for $130M
Posted: August 20, 2014

(AP) — Fortune Brands Home & Security Inc. said Wednesday that it has agreed to sell its Simonton Windows business to building products maker Ply Gem Holdings Inc. for about $130 million.

Comments (0)
Tuesday 08/19/2014
KPS Capital to sell Waupaca Foundry for $1.3B
Posted: August 19, 2014

(AP) — Private equity firm KPS Capital Partners plans to sell automotive industry supplier Waupaca Foundry Inc. to Japan's Hitachi Metals Ltd. for $1.3 billion in cash.

Comments (0)
Thursday 08/14/2014
Illinois unemployment rate falls again in July
Posted: August 14, 2014

CHICAGO (AP) — The state Department of Employment Security says Illinois unemployment fell in July to 6.8 percent. It was the fifth straight monthly decrease in the state's jobless rate.

Comments (1)
Illinois company is latest to test market for carp 

Posted: August 14, 2014

GRAFTON, Ill. (AP) — When they arrive at the processing plant, the fish that have been cursed as a menace to American lakes and rivers are raked onto a conveyer belt, some of them still flopping.

Comments (0)
Briggs & Stratton buying maker of light towers
Posted: August 14, 2014

MILWAUKEE (AP) — Engine maker Briggs & Stratton Corp. is acquiring a Nebraska company that makes towable light towers, industrial heaters and solar-powered arrow boards.

Comments (0)
Tuesday 08/12/2014
ComEd, Openland grants fund green-spaces projects
Posted: August 12, 2014

CHICAGO (AP) — Commonwealth Edison and the environmental advocacy group Openlands have awarded grants for 22 projects aimed at conserving and improving public green spaces.

Comments (0)
Monday 08/11/2014
Craft beers find a home in Mattoon 

Posted: August 11, 2014

MATTOON, Ill. (AP) — When it comes to producing beer, Glen Forneris doesn't need a massive brewery, giant kettles or frogs croaking in a round.

Comments (0)
Sunday 08/10/2014
EXCHANGE: Finances key to post-recession couples
Posted: August 10, 2014

SYCAMORE, Ill. (AP) — When Brittani Click first met her fiancé, Matt Holliday, she wouldn't have called herself a responsible saver.

Comments (0)
Friday 08/08/2014
Wisconsin sees slow growth in consumer spending
Posted: August 08, 2014

MILWAUKEE (AP) — Wisconsin's sluggish recovery from the Great Recession was reflected Thursday in new figures that show growth in consumer spending has lagged behind neighboring states and the nation as a whole.

Comments (0)
GOP's Oberweis says Durbin bullied Walgreen 

Posted: August 08, 2014

CHICAGO (AP) — As U.S. Sen. Dick Durbin declared victory Wednesday for Walgreen Co.'s decision to keep its headquarters in Illinois, Republican businessman Jim Oberweis accused him of "bullying," saying the Senate's second-ranking Democrat deserved scorn — not praise — for his efforts.

Comments (1)
Wednesday 08/06/2014
Construction begins on $4M Wisconsin distillery
Posted: August 06, 2014

MADISON, Wis. (AP) — A new $4 million craft distillery will bring a line of spirits made with local ingredients to Dane County.

Comments (0)
Walgreen turns down inversion to cut tax bill 

Posted: August 06, 2014

Walgreen plans to keep its roots firmly planted in the United States, saying it will no longer pursue an overseas reorganization that would have trimmed its U.S. taxes but drew political scorn.

Comments (0)
Tuesday 08/05/2014
Wisconsin farmers up barley crops for craft beer
Posted: August 05, 2014

MONROE, Wis. (AP) — Wisconsin farmers have increased barley production in an effort to produce a higher volume for the state's craft beer industry.

Comments (0)
Motorola Solutions 2Q profit more than triples
Posted: August 05, 2014

SCHAUMBURG, Ill. (AP) — Motorola Solutions Inc. (MSI) on Tuesday reported net income that more than tripled in its second quarter but fell short of analysts' expectations.

Comments (0)
Monday 08/04/2014
Walgreen CFO leaves, replaced with Kraft exec
Posted: August 04, 2014

Walgreen's top financial officer is leaving the largest U.S. drugstore chain as it nears a key decision about its future that could involve a politically touchy overseas reorganization.

Comments (0)
Friday 08/01/2014
Consumer advocates watching Exelon-Integrys deal
Posted: August 01, 2014

CHICAGO (AP) — Energy watchdog groups are worried that Exelon's plan to buy one of its business competitors will be bad for northern Illinois electricity customers.

Comments (0)
Journal Communications, Scripps Co. announce deal
Posted: August 01, 2014

MILWAUKEE (AP) — Journal Communications Inc. of Milwaukee and E.W. Scripps Co. of Cincinnati have an agreement to merge broadcasting operations while spinning off newspaper holdings into a separate public entity, the companies announced late Wednesday.

Comments (0)
Japanese firm expands Illinois rail car plant
Posted: August 01, 2014

ROCHELLE, Ill. (AP) — A Japanese rail car manufacturer is expanding its plant in north-central Illinois, adding 90 jobs.

Comments (0)
6 MOO Milk farms sign on with Organic Valley
Posted: August 01, 2014

PORTLAND, Maine (AP) — A Wisconsin-based milk distributor is expanding its Maine supply network and picking up half of the former MOO Milk organic dairy farms as suppliers.

Comments (0)
Wednesday 07/30/2014
Country Club sold to Hendricks Commercial Properties
Posted: July 30, 2014

The financially troubled Country Club of Beloit has been acquired by Hendricks Commercial Properties, and major upgrades are in its future.

Comments (0)
Illinois coal exports down slightly in 2013
Posted: July 30, 2014

CHICAGO (AP) — Illinois coal exports have risen sharply in recent years, even as its high sulfur content limits its demand in the U.S.

Comments (0)
EXCHANGE: Hard to find teens to detassel corn
Posted: July 30, 2014

URSA, Ill. (AP) — Larry Lewis has seen changes in how hybrid seeds are developed since he planted his first 5-acre seed corn in 1960.

Comments (0)
Thursday 07/24/2014
Unemployment rate up in June for Beloit
Posted: July 24, 2014

Beloit’s unemployment rate bumped up to 9.5 percent in June, rising from 8.8 percent in May, according to the Wisconsin Department of Workforce Development.

Comments (0)
Construction starts on Aldi grocery store in Rockton
Posted: July 24, 2014

ROCKTON — A 17,000-square-foot Aldi’s grocery store is expected to be open for business in Rockton by November.

Comments (0)
Aircraft parts company moves to Oshkosh
Posted: July 24, 2014

OSHKOSH, Wis. (AP) — A customer aircraft parts company is making a move from Minneapolis to Oshkosh.

Comments (0)
United Airlines posts 2Q profit, reversing 1Q loss
Posted: July 24, 2014

CHICAGO (AP) — United Airlines is making money after a slow start to the year.

Comments (0)
Wednesday 07/23/2014
Organic meat processor to close after dispute
Posted: July 23, 2014

VILLAGE OF BLACK EARTH, Wis. (AP) — A popular organic meat processor has decided to close after a dispute with village of Black Earth officials.

Comments (0)
Boeing 2Q profit climbs 52 percent 

Posted: July 23, 2014

Boeing Co. (BA) on Wednesday reported profit that increased by 52 percent in its second quarter, and topped analysts' expectations.

Comments (0)
Tuesday 07/22/2014
McDonald's profit slips; US sales decline
Posted: July 22, 2014

OAK BROOK, Ill. (AP) — McDonald's Corp. said its profit slipped in the second quarter as sales in the U.S. continued to flag.

Comments (0)

Pet Central

pets

Having a pet is a lot of responsibility, and we’ll help by giving you lots of tips and tricks! More >>

Fitness

Fitness

Our fitness articles will help teach you how to work out with gym- and home-based exercises. More >>

Crosswords

Crosswords

Enjoy the crosswords challenge in our free daily puzzles, from the harder Sunday crossword to the quicker daily. More >>

Sudoku

Sudoku

Every Sudoku has a unique solution that can be reached logically. Enter numbers into the blank spaces so that each row, column and 3x3 box contains the numbers 1 to 9. More >>