: Stateline Business Journal

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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

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.

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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.

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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.

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Unemployment down in Wisconsin cities, counties
Posted: August 21, 2014

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

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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Harley-Davidson 2Q profit rises 30 percent
Posted: July 22, 2014

MILWAUKEE (AP) — Harley-Davidson Inc. (HOG) on Tuesday reported net income that climbed by 30 percent in its second quarter, and topped analysts' expectations.

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Monday 07/21/2014
Poor teens' health may benefit from top schools
Posted: July 21, 2014

CHICAGO (AP) — Disadvantaged teens may get more than an academic boost by attending top-notch high schools — their health may also benefit, a study suggests.

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Examining the economy of matrimony
Posted: July 21, 2014

CRYSTAL LAKE, Ill. (AP) — Ahead of their October wedding, Matt and Crystle Mariani cut back on date nights and going out with their friends.

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Friday 07/18/2014
AbbVie, Shire agree on $55B combination
Posted: July 18, 2014

CHICAGO — (AP) The drugmaker AbbVie has reached a deal worth roughly $55 billion to combine with British counterpart Shire and become the latest U.S. company to seek an overseas haven from tax rates back home.

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Federal grant to help laid-off Oshkosh workers
Posted: July 18, 2014

OSHKOSH, Wis. (AP) — The U.S. Department of Labor is providing nearly half a million dollars in assistance for the workers who were laid off by the defense arm of Oshkosh Corp. in recent months.

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Residents speak up about Kohler's golf course plan
Posted: July 18, 2014

TOWN OF WILSON, Wis. (AP) — Some local residents are expressing their opposition to the Kohler Co.'s plans to build a golf course just north of the Kohler-Andrae (AHN'-dray) State Park along the Lake Michigan shoreline.

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Thursday 07/17/2014
Effingham welcomes new food products company
Posted: July 17, 2014

EFFINGHAM, Ill. (AP) — Effingham is welcoming a new company to town.

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United will take $169M in charges with 2Q results
Posted: July 17, 2014

CHICAGO (AP) — The parent company of United Airlines says it will take charges of $169 million against second-quarter earnings to cover costs of grounding planes and other moves.

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Microsoft to buy Illinois wind power for 20 years
Posted: July 17, 2014

CHICAGO (AP) — Microsoft Corp. says it has agreed to buy electricity from a new wind farm in Illinois for the next 20 years in an effort to reduce its carbon footprint.

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Wednesday 07/16/2014
RGA Labs undeterred in effort to buy nuclear plant
Posted: July 16, 2014

KEWAUNEE, Wis. (AP) — A Chicago area company wants to buy the nuclear power plant that closed last year along the shores of Lake Michigan in eastern Wisconsin.

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Tuesday 07/15/2014
Air Force says 300 jobs to be cut at Scott
Posted: July 15, 2014

MASCOUTAH, Ill. (AP) — Nearly 300 jobs will be cut at Scott Air Force Base in southern Illinois.

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Cold winter still costing electric customers
Posted: July 15, 2014

MARSHFIELD, Wis. (AP) — Some Wisconsin homeowners have been receiving higher electric bills that reflect the continued cost of an unusually cold winter.

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Monday 07/14/2014
New Cook County Health CEO searching for savings
Posted: July 14, 2014

CHICAGO (AP) — A published report says the new CEO of Cook County's health system has a big job ahead: finding $67 million in savings to help erase a projected year-end budget deficit.

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Friday 07/11/2014
Some Illinois lawmakers voluntarily giving up pay
Posted: July 11, 2014

CHICAGO (AP) — Some Illinois lawmakers are taking matters into their own hands after the Legislature moved for the first time in years not to take furlough days to save taxpayer dollars.

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Coal company accuses Ill. rival of double-cross 

Posted: July 11, 2014

ST. LOUIS (AP) — One of the biggest U.S. coal-mining companies is accusing an Illinois rival of a double-cross.

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Two companies plan SE Wisconsin expansion
Posted: July 11, 2014

KENOSHA, Wis. (AP) — Plans by two companies to expand operations in southeastern Wisconsin could bring more than 800 jobs to the area.

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