Don Dodson

Don Dodson

#sundaySneak: Urbana lounge to open second-floor karaoke club

Biz tips? Email Don Dodson at dodson@news-gazette.com

Flash index dips for second straight month

URBANA — The University of Illinois flash index has fallen for a second straight month after hitting a fiscal-year high of 107.1 in April.

The index, which measures the Illinois economy, dropped to 106.4 in June, down from 106.5 in May, according to the UI's Institute of Government and Public Affairs.

It's Your Business: Capoeira center making the move to Urbana

URBANA — There's soon going to be more movement in downtown Urbana — quick movement involving plenty of kicks and spins.

The Capoeira Angola Center of Mestre Joao Grande — an academy that teaches the Brazilian martial art of capoeira (pronounced CAP-oo-AIR-uh) — plans to relocate to 122 W. Main St. — a second-floor space above Mirabelle Fine Pastries — in August.

2 credit unions downgraded in latest ratings

Two area credit unions were downgraded in the latest evaluation by BauerFinancial, based on regulatory data from the quarter ending March 31, 2015.

Champaign Municipal Employees Credit Union, Champaign, and New Horizon Credit Union, Danville, were rated 4-star ("excellent"), down from 5-star ("superior") in the preceding quarter.

Booming business for fireworks firm

Wynn Cramer, an event producer with Melrose Pyrotechnics in Kingsbury, Ind., recently talked about the fireworks display business and what goes into putting together shows, such as the Fourth of July Freedom Celebration show on Saturday.

New owner may open doors for Arthur firm

ARTHUR — It's what could be called an open-and-shut deal.

CHI Overhead Doors, an Arthur-based garage door maker that recently produced its 4 millionth door, got a new owner last week.

2 up, 1 down in bank ratings

Two banks were upgraded and one was downgraded in the latest ratings from BauerFinancial based on data for the financial quarter that ended March 31, 2015.

Today's Special: Spicy Tang set to serve in early July

CHAMPAIGN — The wait for Spicy Tang appears almost over.

Simon Chang, chef for the new restaurant in Campustown, said he hopes to start serving in seven to 10 days — sometime in early July — provided everything goes on track.

#sundaySneak: Price of fireworks in C-U

Biz tips? Email Don Dodson at dodson@news-gazette.com

Campus Marriott will have first guests next week

CHAMPAIGN — The Marriott TownePlace Suites hotel in Campustown expects to welcome its first guests next week, according to the company that developed the building.

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