Economy

Danville City Council panel to weigh extension on loan payback

DANVILLE — Kohl's is open and selling, and the walls of the T.J. Maxx store are going up, but the city still hasn't received the federal grant money it needs to cover the $600,000 it took out of its general fund in 2011 to complete the $2 million incentive package for the retail development on North Vermilion Street.


Business calendar April 7, 2013

Tuesday, April 9


Building permits April 7, 2013

Listed are recent permits for all commercial and industrial work, all new single-family and multifamily residences and all residential remodeling over $50,000.

Permits are listed by applicant, location, description and cost.

CHAMPAIGN

Weger & Associates, addition to Mattis Avenue Free Methodist Church at 1913 S. Mattis Ave., $1,237,721.


It's Your Business: Food truck, brewery teaming up Saturday

Two diverse businesses are joining forces for a special event on Saturday.

The Cracked Truck, a food truck that serves breakfast sandwiches, burritos, veggie wraps and specialty tater tots, will park across the street from Triptych Brewing at 1703 Woodfield Drive, Savoy, from noon to 3 p.m.


Quarterly, yearly losses reported for Easton-Bell

RANTOUL — Easton-Bell Sports reported dismal fourth-quarter and full-year results last week, a little over a month after both its chief executive officer and chief operations officer resigned.

Net sales for the quarter were $183.5 million, down 11.4 percent from a year earlier. Consequently, net sales for the year amounted to $827.2 million, down 1 percent from the previous year.


More development planned near Rantoul Walmart

RANTOUL — Further development of the South Murray Road area near Walmart Supercenter in west Rantoul is expected to begin this spring.

Rural Rantoul farmer/businessman Joe Warner said work will begin on the 45-acre Stonebridge commercial property west of Murray Road plus a project east of that area.


Flash index drops in March

URBANA — The University of Illinois flash index registered a slight drop in March, indicating a slowing of economic growth in Illinois.

The index slid from 104.8 in February to 104.7 in March, according to the UI's Institute of Government and Public Affairs.


S&P 500 moves above its record high, keeps going

CHRISTINA REXRODE,AP Business Writer


Consumer confidence falls in March

MARCY GORDON,AP Business Writer


Danville won't enforce rules on temporary signs

DANVILLE — The city of Danville has decided it will not make businesses take down their temporary signs for now, and in the meantime, aldermen will discuss a possible rewrite of the city's temporary sign ordinance.


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