All Economy Content

All Economy Content

THQ delays release of three games

CHAMPAIGN — Volition Inc.'s parent company this week pushed back the release of three video games and said it will consider "strategic and financing alternatives" for raising more capital.

Liautaud keeps corporate office in Champaign, will take licensing firm to Florida

CHAMPAIGN — Jimmy John Liautaud, founder and CEO of the Jimmy John's Gourmet Sandwiches LLC, said he someday wants to return his home and his business to Illinois. But for now he's headed to Florida.

Heartland acquires assets, deposits of Princeton bank

BLOOMINGTON — Heartland Bank and Trust Co. significantly expanded its footprint last week by assuming the deposits and assets of Princeton-based Citizens First National Bank.

Flash index at highest point since February 2008

URBANA — The University of Illinois flash economic index took a big jump in October, reaching its highest point since February 2008.

The index — considered a barometer of the Illinois economy — increased to 104, up from 103.2 in September.

Former Obama official: Grim economy for next few months, then brighter outlook

URBANA — Prospects for the U.S. economy look grim for the next six to nine months, a former chairman of President Barack Obama's Council of Economic Advisers said.

But Austan Goolsbee said longer-term prospects for the U.S. economy look brighter, especially when compared with other countries around the world.

It's Your Business: Little Gym moving to Urbana

The Little Gym, which has been at Savoy Plaza for nearly five years, plans to move to The Pines shopping center in southeast Urbana early next year.

Franchise owner Giles Austin said the projected opening date is Jan. 7.

Building permits 10/14/2012

Listed are permits issued recently 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 and description of work and the estimated cost.

CHAMPAIGN

Ironwood Builders, new single-family home at 5102 Emma's Way, $254,000.

Danville officials think it's about time they took advantage of the river

DANVILLE — Walking through the heart of Danville's downtown business district, it's difficult to know the Vermilion River cuts through just 300 yards away.

UI Research Park construction plans take shape

CHAMPAIGN — Upscale apartments could be going up this spring in a new development at the southern entrance to the University of Illinois Research Park, but a retail component faces a tougher financial hurdle, developers say.

Building permits 10/07/2012

Listed are permits issued recently 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 and description of work and the estimated cost.

CHAMPAIGN