Illinois State Business & Economics

What is Data Curation?

dataversity.net

What is Data Curation?


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Entrepreneurs present at Freeport Fish Tank finals

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Entrepreneurs present at Freeport Fish Tank finals


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Buyers Beware: Flood Damaged Cars From Houston Hitting The Market

chicago.cbslocal.com

Buyers Beware: Flood Damaged Cars From Houston Hitting The Market


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Alpine Bank sells all branches to Midland States Bank

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Alpine Bank sells all branches to Midland States Bank


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Illinois college offers free tuition for low income students

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Illinois college offers free tuition for low income students


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Rockford Fire at a standstill with Hanley investigation, business owner relocates

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Rockford Fire at a standstill with Hanley investigation, business owner relocates


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Rockford City Market sees rise in people using SNAP tokens

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Rockford City Market sees rise in people using SNAP tokens


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Home / Illinois / Business
Deere's shares surge after earnings beat estimates
(Reuters) - Deere & Co’s () shares surged on Wednesday after the equipment maker beat quarterly earnings estimates and predicted further improvements in the coming year, amid strong sales in South America and higher demand in the United States and Canada. The Moline, Illinois-based company forecast net sales for fiscal 2018 to jump 19 percent, translating into sales of $35.39 billion, and earnings to rise to about $2   Read More ...
Categories: Business | 
Tags: Corporate |  Enterprises |  Earnings |  Sales | 
Places: North America |  United States |  Illinois |  Rock Island | 
Holiday Shopping Tips From The Better Business Bureau
Nearly 70 percent of all holiday shopping is done between Thanksgiving and Cyber Monday, and this year shoppers plan to spend more, averaging $967 in gifts. Better Business Bureau of Chicago CEO Steve Bernas has a few reminders before you swipe that credit card.   Read More ...
Categories: Business | 
Tags: Markets |  Consumers |  Shopping | 
Places: Americas |  North America |  United States |  Midwest |  East |  Illinois |  Chicago | 
How fraud allegations against Outcome Health could impact the Chicago startup community
Chicago medical ad startup Outcome Health has been hit with a string of potentially company-crushing headlines this past month: First, it was the subject of a claiming that Outcome Health provided clients with inflated ad performance data. Then prominent investors, including Goldman Sachs Group and Alphabet’s Capital G investment unit, sued Outcome Health and its cofounders, Rishi Shah and Shradha Agarwal, accusing them of committing fraud consistent with the allegations documented in the Journal‘s report   Read More ...
Categories: Business | 
Tags: Enterprises |  Start-ups | 
Places: Americas |  North America |  United States |  Midwest |  East |  Illinois |  North Illinois |  Chicago |  Cook |  Chicago Metro | 
NIU employees on strike, fight for new contract
Union workers at Northern Illinois University take to the picket lines today fighting for a new contract. "We're here today asking NIU to bargain fair contracts in good faith" said AFSCME Representative, Sara Dorner. Fair contracts that members of local 1890, which represents administrative workers, say they have been waiting for since February 2016. Meanwhile members of local 963, a collection of service industry workers at the college, say they have been in negotiations with the university since August 2017   Read More ...
Categories: Business | 
Tags: Corporate |  Enterprises |  Contracts | 
Places: Americas |  North America |  United States |  Midwest |  East |  Illinois |  North Illinois | 
Mystery Shopping: For Some, A Good ‘Side Hustle’
(CBS) — Consumers plan to spend nearly $1,000 each this holiday shopping season. CBS 2’s Dorothy Tucker shows you taking advantage of some side hustles could help put some quick cash in your pocket to help pay those bills. “I have made as much as $7,000 or $8,000 in a year,” says mystery shopper Zipporah Jones. That’s income she makes on her side hustle   Read More ...
Categories: Business | 
Tags: Markets |  Consumers |  Shopping | 
Places: Americas |  North America |  United States |  Midwest |  East |  Illinois | 
What is Data Curation?
Data Curation, as defined by The University of Illinois’ Graduate School of Library and Information Science: “is the active and ongoing management of data through its life cycle of interest and usefulness.” Sayeed Choudhury, Associate Dean for Research Data Management at Johns Hopkins University (JHU) and leader of the Data Conservancy, further breaks down Data Curation iterative activities to: Preserving: Collecting and taking care of research data   Read More ...
Categories: Business |  Education | 
Places: Americas |  North America |  United States |  Midwest |  East |  Illinois | 
GOP unveils tax plan, local leaders worried about lack of historic tax credits
"It'll be the biggest cuts ever in the history of this country," President Donald Trump says. Trump says he wants to put more dollars in your pocket under the federal tax reform plan. But, Rockford area leaders say it's missing one thing for the city -- federal historic tax credits. "The potential loss here would be pretty amazing -- amazingly bad," Gary Anderson, with Gary Anderson Architects says   Read More ...
Categories: Business | 
Tags: Taxes |  Money |  Credit |  Taxation |  Tax credits | 
Places: Americas |  North America |  United States |  Midwest |  East |  Illinois | 
Illinois overhauls health insurance marketplace website
CHICAGO (AP) — The state of Illinois has added more information to its state health insurance marketplace website ahead of the start of open enrollment Wednesday. The new information allows consumers to compare health insurance plans for sale both on and off the public Affordable Care Act exchange. The website, available at getcovered.illinois.gov, previously hasn't included information about all plans or the ability to enroll in them and talk to licensed brokers   Read More ...
Categories: Business | 
Tags: Markets |  Insurance |  Health insurance | 
Places: Americas |  North America |  United States |  Illinois | 
Snack-maker Mondelez 3Q profit jumps 81 percent
Mondelez International Inc. served up an 81 percent jump in third-quarter profit as sales of its snack food improved in emerging markets. The Deerfield, Illinois-based company reported profit of $992 million, or 65 cents per share. That's up from $548 million, or 35 cents per share. When one-time gains and costs are excluded, Mondelez earned 57 cents per share. The results topped Wall Street expectations for the maker of Oreo cookies, Cadbury chocolate and Trident gum   Read More ...
Categories: Business | 
Tags: Corporate |  Enterprises |  Profits | 
Places: Americas |  North America |  United States |  Illinois |  Lake | 
Entrepreneurs present at Freeport Fish Tank finals
They have an idea, a business plan and last night, the Freeport Fish Tank finalists presented it all to judges. The finale was at the Wagner House. The Fish Tank is for entrepreneurs who have an idea or a business concept, but they need more resources to grow. The winner was the creator of Fresh 2 Go. An all-in-one oral hygiene pack that has floss, gum and mints   Read More ...
Categories: Business | 
Tags: Enterprises |  Entrepreneurs | 
New credit union coming to Machesney Park
A new credit union is under construction in the Stateline. Heritage Credit Union is building a new one on N Perryville Road in Machesney Park.The company's leadership broke ground with elected officials Wednesday at the site it's going in on. "This will be our eleventh branch location, and we're really excited to serve the community of Machesney Park," said Anita Raush, the CEO of Heritage Credit Union   Read More ...
Categories: Business | 
Alpine Bank hosts press conference to address buyout by Midland States Bank
By Michael Poirier Alpine Bank addressed the impending buyout from Midland States Bank today by laying out the changes employees and customers can expect. Bank leaders say the only changes that customers can expect is the printing on their checks and logos on the bank. Midland says the tellers and locations to remain the same. Midland States Bank is expected to complete the final closure of sale in March   Read More ...
Categories: Business | 
Places: Americas |  North America |  United States |  Midwest |  East |  Illinois | 
Buyers Beware: Flood Damaged Cars From Houston Hitting The Market
Eight weeks after Hurricane Harvey hit Houston, it's estimated at least a million vehicles sustained flood damage. Now dealers from around the world are ready to buy and resell the cars. Omar Villafranca reports.   Read More ...
Categories: Business | 
Tags: Markets | 
Places: Americas |  North America |  United States |  Midwest |  East |  Illinois | 
Alpine Bank sells all branches to Midland States Bank
Midland States Bank and Alpine Bank announce they have entered an agreement for Midland to buy all Alpine Bank locations, according to NASDAQ. Serving communities for nearly 110 years, Alpine has 16 locations in northern Illinois according to its website. According to NASDAQ, when completed the transaction will make Midland the fourth largest community bank based in Illinois, with total assets of approximately $6 billion   Read More ...
Categories: Business | 
Places: Americas |  North America |  United States |  Midwest |  East |  Illinois |  North Illinois | 
Rockford Aldermen iron out financial agreement on Indoor City Market
By the end of 2018, Rockford should have an Indoor City Market. But before construction to renovate the building on Madison Street can begin, aldermen had to agree to the financials of the agreement. On Monday night, aldermen gave the green light to a few amendments to the agreement. Most notably, the Rock River Development Partnership, which runs City Market, will contribute 10% of the proceeds from it's outdoor market to a reserve fund   Read More ...
Categories: Business | 
Tags: Markets |  Finance | 
Places: Americas |  North America |  United States |  Midwest |  East |  Illinois | 
Local small businesses may be at risk for hackers
In the city of Rockford, small business are on every corner. Each one, a potential target for hackers. "When you consider that 97 percent of all U.S businesses are small businesses the economic impact of hacking can be astronomical" said Director of Rockford Better Business Bureau, Dennis Horton. The Better Business Bureau is working to bring awareness to the impact one unknown click can take on a small business   Read More ...
Categories: Business | 
Places: Americas |  North America |  United States |  Midwest |  East |  Illinois | 
Las Vegas gunman was wealthy real-estate investor
By KEN RITTER and GENE JOHNSON Associated Press MESQUITE, Nev. (AP) - Stephen Paddock lived in a tidy Nevada retirement community where the amenities include golf, tennis and bocce. He was a multimillionaire real-estate investor, recently shipped his 90-year-old mother a walker and liked to travel to Las Vegas to play high-stakes video poker. Nothing in his background suggests why he would have been on the 32nd floor of the Mandalay Bay Hotel and Casino with at least 17 guns on Sunday night, raining an unparalleled slaughter upon an outdoor country music festival below   Read More ...
Categories: Business | 
Tags: Money |  Wealth |  Finance |  Investments |  Investors | 
Places: Americas |  North America |  United States |  Midwest |  East |  Illinois |  Nevada |  Vegas |  Clark | 
Illinois college offers free tuition for low income students
CARLINVILLE, Ill. – A liberal arts college in southern Illinois is offering free tuition to area families earning less than $60,000 a year. WUIS Radio reports that Blackburn College in Carlinville is making the offer to lower income students from Macoupin County. Students will have to meet the regular admission requirements and apply for financial aid. President John Comerford says the program will allow students to go to school locally, which could boost local employment and communities   Read More ...
Categories: Business |  Education | 
Tags: Money |  Students |  Higher Education |  Colleges |  Income |  Low income |  Tertiary Education | 
Places: Americas |  North America |  United States |  Midwest |  Illinois |  West |  Missouri |  Macoupin | 
Chicago is becoming a top choice for insurance tech startups
Over the past year, Chicagoland has seen an uptick in the number of venture-backed insurance tech startups. Some of them provide comprehensive insurance, while others simplify only one part of the process. But regardless of their niche, insure-tech companies are having a moment in Chicago, and it makes sense. Illinois has a history of being home to some of the nation’s biggest and most powerful insurance companies, like Allstate in Northbrook and State Farm in Bloomington, both of which have sold home, car, and life insurance for more than 80 years   Read More ...
Categories: Business | 
Tags: Enterprises |  Insurance |  Start-ups |  Tech startups | 
Places: Americas |  North America |  United States |  Midwest |  East |  Illinois |  Chicago |  Cook | 
Rockford Fire at a standstill with Hanley investigation, business owner relocates
Zach Enderle says the the high ceiling and wood floors drew him in. "It was really everything I was looking for in a space," Zach Enderle, with design build by architects says. Enderle says he moved his business in to the space back in January. But, that space was right next to the old Hanley building which was destroyed in a massive fire back in June   Read More ...
Categories: Business | 
Tags: Enterprises |  Entrepreneurs | 
Places: Americas |  North America |  United States |  Midwest |  East |  Illinois | 
Aldermen hit the brakes on funding decision for Indoor City Market
On Monday night Rockford aldermen laid over a decision on amending the development agreement with the Rock River Development Partnership on the Indoor City Market. The RRDP estimates the project will cost $8.2 million. The city has committed $200,000 per year over 20 years, or roughly $3 million dollars. The RRDP says its securing New Market and Historic Tax Credits as a major funding source   Read More ...
Categories: Business | 
Tags: Markets | 
Places: Americas |  North America |  United States |  Midwest |  East |  Illinois | 
Rockford City Market sees rise in people using SNAP tokens
The Supplemental Nutrition Assistance Program, or SNAP, aims to help low income families put health food on their plates. It's a program City Market has offered since 2015. People can use these benefits on non-prepared food. Things like fresh produce, meats, cheeses, and breads. But last year, it got a brand new grant that helps people get more bang for their buck   Read More ...
Categories: Business | 
Tags: Markets | 
Places: Americas |  North America |  United States |  Midwest |  East |  Illinois | 
Chamber of Commerce holds business expo in Rockford
Small business owners got together on Thursday at the Rockford Chamber of Commerce's business expo. The expo allows small business owners to come together and present ideas for collaboration and bettering their businesses. The expo was held at UW Sports Health Factory. "Any number of businesses, healthcare, tech, staffing agencies, retail, food, anything you can think of really. Great businesses from Rockford are here today," said former Chamber President Einar Forsman   Read More ...
Categories: Business | 
Places: Americas |  North America |  United States |  Midwest |  East |  Illinois | 
City to deposit $20 million in Chicago's last black-owned bank
The last black-owned bank in Chicago is set to receive a $20 million deposit of city funds. City Treasurer Kurt Summers on Monday announced the deposit into Illinois Service Federal Savings and Loan Association. Founded in Chicago in 1934 to help give the black community better access to credit, ISF Bank is one of just more than 20 black-owned banks in the country, according to the Federal Deposit Insurance Corp   Read More ...
Categories: Business | 
Places: Americas |  North America |  United States |  Illinois |  North Illinois |  Chicago |  Cook |  Chicago Metro | 
Billionaire investor's son sworn in as Illinois sheriff
One of the richest men in the world has a son who's a sheriff in Illinois. Howard Buffett, the son of billionaire investor Warren Buffett has been sworn in as interim Macon County Sheriff in Decatur. The previous sheriff retired early, so Howard Buffett stepped in and will begin his full-time duties immediately. The 62-year-old is still the director of his father's company Berkshire Hathaway   Read More ...
Categories: Business | 
Tags: Money |  Wealth |  Finance |  Investments |  Investors |  Billionaires | 
Places: Americas |  North America |  United States |  Midwest |  East |  Illinois | 
Warren Buffett's son becomes interim sheriff in Illinois
DECATUR, Ill. (AP) — A son of billionaire investor Warren Buffett was sworn in Friday as interim sheriff of Macon County in central Illinois. Dozens of friends and family were in attendance when Howard Buffett was sworn in by Macon County Circuit Judge A.G. Webber. He will begin full-time duties immediately and continue until a new sheriff is elected next fall   Read More ...
Categories: Business |  Family & Parenting | 
Tags: Money |  Wealth |  Family |  Sons |  Billionaires |  Warren Edward Buffett | 
Places: Americas |  North America |  United States |  Illinois |  Central |  Macon | 
Warren Buffett's son Howard becomes Illinois county sheriff
(Reuters) - Howard Buffett, the oldest son of billionaire investor Warren Buffett, was named sheriff of Macon County in central Illinois on Friday. Buffett, 62, has served since September 2014 as undersheriff in the county of roughly 107,000 people. He will hold the county’s top law enforcement job until a new sheriff is elected later this year. Buffett replaces Thomas Schneider, the sheriff since 2008, who is retiring immediately   Read More ...
Categories: Business | 
Tags: Money |  Wealth |  Billionaires |  Warren Edward Buffett | 
Places: Americas |  North America |  United States |  Illinois |  Central |  Macon | 
Warren Buffett’s son Howard becomes Illinois county sheriff
Howard Buffett, the oldest son of billionaire investor Warren Buffett, was named sheriff of Macon County in central Illinois on Friday. Buffett, 62, has served since September 2014 as undersheriff in the county of roughly 107,000 people. He will hold the county’s top law enforcement job until a new sheriff is elected later this year. Buffett replaces Thomas Schneider, the sheriff since 2008, who is retiring immediately   Read More ...
Categories: Business | 
Tags: Money |  Wealth |  Billionaires |  Warren Edward Buffett | 
Places: Americas |  North America |  United States |  Illinois |  Central |  Macon | 
Warren Buffett's son to become interim sheriff in Illinois
One of billionaire investor Warren Buffett's two sons is poised to become the interim sheriff of Macon County in central Illinois.   Read More ...
Categories: Business | 
Tags: Money |  Wealth |  Billionaires |  Warren Edward Buffett | 
Places: Americas |  North America |  United States |  Illinois |  Central |  Macon | 
Warren Buffett's son to become interim sheriff in Illinois
DECATUR, Ill. (AP) — One of billionaire investor Warren Buffett's two sons is poised to become the interim sheriff of Macon County in central Illinois. Macon County Sheriff Thomas Schneider said Friday that he is retiring early ahead of an election next fall for his replacement. He has chosen Howard Buffett, whose charitable foundation has contributed more than $55 million in the region over the past two decades, to serve in the meantime   Read More ...
Categories: Business | 
Tags: Money |  Wealth |  Billionaires |  Warren Edward Buffett | 
Places: Americas |  North America |  United States |  Illinois |  Central |  Macon | 
Warren Buffett's son Howard to become Illinois county sheriff
DECATUR, Ill. (AP) — One of billionaire investor Warren Buffett’s two sons is becoming the interim sheriff of Macon County in central Illinois. Macon County Sheriff Thomas Schneider said Friday that he is retiring early ahead of an election next fall for his replacement. He has chosen Howard Buffett, whose charitable foundation has contributed more than $55 million in the region over the past two decades, to serve in the meantime   Read More ...
Categories: Business | 
Tags: Money |  Wealth |  Billionaires |  Warren Edward Buffett | 
Places: Americas |  North America |  United States |  Midwest |  Illinois |  West |  Nebraska |  Central |  Macon | 
Warren Buffett's son to become interim sheriff in Illinois
DECATUR, Ill. (AP) — One of billionaire investor Warren Buffett's two sons is poised to become the interim sheriff of Macon County in central Illinois. Macon County Sheriff Thomas Schneider said Friday that he is retiring early ahead of an election next fall for his replacement. He has chosen Howard Buffett, whose charitable foundation has contributed more than $55 million in the region over the past two decades, to serve in the meantime   Read More ...
Categories: Business | 
Tags: Money |  Wealth |  Billionaires |  Warren Edward Buffett | 
Places: Americas |  North America |  United States |  Illinois |  Central |  Macon | 
Warren Buffett's son to become Illinois county sheriff
DECATUR, Ill. (AP) — Billionaire investor Warren Buffett's son is to become the interim sheriff of Macon County in central Illinois. Macon County Sheriff Thomas Schneider said in a Friday statement that he is retiring early ahead of an election next fall for his replacement. Howard Buffett has been a Macon County undersheriff since September 2014 and has completed more than 3,300 hours of patrol and training   Read More ...
Categories: Business | 
Tags: Money |  Wealth |  Billionaires |  Warren Edward Buffett | 
Places: Americas |  North America |  United States |  Illinois |  Central |  Macon | 
Illinois school plan includes private scholarship tax credit
SPRINGFIELD, Ill. (AP) — The top Republicans in the Illinois Legislature said they expect the House to vote Monday on a school-funding overhaul they say will increase money for every district and provide $75 million in tax credits for people who donate to private school scholarships. Republican and Democratic leaders have had days of closed-door meetings aimed at negotiating a bipartisan deal that would send state funds to more than 800 public school districts for the first time this school year   Read More ...
Categories: Business | 
Tags: Taxes |  Money |  Credit |  Taxation |  Tax credits | 
Places: Americas |  North America |  United States |  Illinois | 
Bond sale to pay overdue bills may aid Illinois' credit rating: S&P
CHICAGO (Reuters) - The sale of up to $6 billion of bonds by Illinois to shrink its enormous unpaid bill backlog, an action the governor has yet to take, could protect the state from a credit rating downgrade to junk, S&P Global Ratings said on Tuesday. The credit rating agency said the issuance of 12-year general obligation bonds would be cheaper than late payment penalties of as high as 12 percent that the nation's fifth-largest state owes on much of its $14   Read More ...
Categories: Business | 
Tags: Markets |  Money |  Bond market |  Credit |  Credit Ratings | 
Places: Americas |  North America |  United States |  Illinois | 
Extension of tax credits signals more redevelopment for downtown Rockford
From the Prairie Street Brewhouse to the Burnham Lofts. Rockford's historic buildings have been brought back to life through renovations. "I think everyone is starting to recognize, wow, we've done something down here," says architect Gary Anderson. "Things have changed dramatically." Anderson says this revitalization has been made possible through the River Edge Historic Preservation Tax Credit. Something the city will have for the next four years after Governor Bruce Rauner signed an extension on Friday   Read More ...
Categories: Business | 
Tags: Taxes |  Money |  Credit |  Taxation |  Tax credits | 
Places: Americas |  North America |  United States |  Midwest |  East |  Illinois | 
FCA cancels Illinois plant event with CEO, union exec
Buy Photo. Fiat Chrysler Automobiles canceled on Friday an Aug. 24 media event at its Belvidere, Illinois, plant at which CEO Sergio Marchionne was to have appeared with government and United Auto Workers officials, including Norwood Jewell, vice president of the UAW’s Fiat Chrysler unit. The event was intended to mark the beginning of production of the Jeep Cherokee, relocated from its previous home in Toledo, Ohio, following a $350 million retooling of the Belvidere plant northwest of Chicago   Read More ...
Categories: Business |  Motoring | 
Places: Americas |  North America |  United States |  Midwest |  East |  Illinois |  Michigan | 
Blackstone's Byron Wien: Market's 'underlying fundamentals' will outweigh a stalled Trump agenda
Blackstone's Byron Wien, who's been working on Wall Street for more than a half-century, thinks the recent stock market weakness on diminishing prospects for President Donald Trump's business-friendly agenda is nothing for investors to panic about. "What you have to look at is the underlying fundamentals," he added. "I think we could be headed for 3 percent growth by year-end. Earnings are coming in much better than expected   Read More ...
Categories: Politics & Government |  Business | 
Tags: Politicians |  Markets |  Donald John Trump | 
Places: Americas |  North America |  United States |  Midwest |  East |  Illinois |  North |  West |  Ogle |  Byron | 
Rauner expected to approve Illinois' revived corporate tax incentives
A bill heading for Gov. Bruce Rauner's desk would reinstate Illinois' premier corporate tax incentive program and, some argue, could help the state edge out other Midwestern contenders for projects heavy on job creation. Rauner plans to sign the bill, spokeswoman Laurel Patrick said. Illinois has been without its sometimes-controversial EDGE program — short for Economic Development for a Growing Economy — since May, when the previous version expired   Read More ...
Categories: Business | 
Tags: Taxes |  Corporate |  Enterprises |  Corporate tax |  Taxation | 
Places: Americas |  North America |  United States |  Illinois | 
The Latest: Intel CEO resigns from Trump business council
WASHINGTON (AP) - The Latest on President Donald Trump and the weekend's violence and death in Charlottesville, Virginia (all times EDT): The CEO of computer chip maker Intel is resigning from President Donald Trump's American Manufacturing Council, bemoaning "the serious harm our divided political climate is causing to critical issues." Brian Krzanich's resignation comes after Saturday's violent confrontation between white supremacists and counter-protesters in Charlottesville, Virginia   Read More ...
Categories: Politics & Government |  Business | 
Places: North America |  United States |  Midwest |  East |  Illinois |