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Downtown Danville Inc. moving to new home

DANVILLE – This week starts a few changes for Downtown Danville Inc.

Officials will conclude a survey they've circulated for the past 12 days and, on Thursday, open at a new location, 147 N. Vermilion St.


Entrepreneurs using their business skills to improve world

– Supplying poor people in India with cheap sources of light.

– Giving depressed students a new outlook on life through wilderness expeditions.


It's your business: Seven Saints bar to open downtown

Several years of renovation work on two old downtown Champaign stores is nearly finished, and the result – a new bar called Seven Saints – is now expected to open around the first week of April at 32 Chester St.

The latest venture by downtown bar and restaurant operators Carlos and Marco Nieto, Seven Saints has been built in the two neighboring spaces that once housed Johnston's Sports Shop and Dan's Hat Shop.


Regulators lift restrictions on Central Illinois Bank

CHAMPAIGN – Central Illinois Bank, which has been saddled with regulatory restrictions for 2 1/2 years, is finally free of those.

On Feb. 21, the Federal Deposit Insurance Corp. and the Illinois Department of Financial and Professional Regulation lifted the "cease-and-desist order" issued to the Champaign-based bank May 19, 2004, after the bank's parent company ran into problems.


Couple opening new steakhouse in Urbana

URBANA – Longtime area restaurant owners Johnny and Cheryl Lee plan to open a steakhouse at the former Ned Kelly's site in Urbana later this month.

To be called The Timbers, the restaurant will serve steaks, chops, ribs and seafood, Johnny Lee said.


Governor's tax proposal scares business

CHAMPAIGN – A Champaign businessman says he may abandon his plans to expand locally if the state adopts a gross receipts tax.

William Boulanger, the founder of Obiter Research, said the tax would easily overshadow incentives he's been given for a $4 million facility now under construction in Champaign's Apollo industrial subdivision.


Owner to close units to make fixes

URBANA – Two of the three apartment buildings at 1507 E. Washington St., U, which the city was threatening to condemn for multiple code violations, will be temporarily closed within the next few days, the landlord says.

Gabriel Omo Osagie, owner of Gabe's Place Apartments, said he decided to close down two of the three buildings at the troubled complex following a wave of vandalism that left commons areas with broken windows and doors, disconnected fire alarms and little to no lighting.


RiverGlass to take part in Defense tech project

CHAMPAIGN – RiverGlass Inc. has agreed to take part in a Defense Department project to help improve the nation's response capability to terrorism attacks, natural disasters and pandemic outbreaks, the company announced in a news release.

The company, which has offices in West Chicago and in the University of Illinois Research Park in Champaign, is teaming with Science Applications International Corp. of San Diego to support a Defense Department contract for that project.


Author says iPod shuffled more than just music

Steven Levy, the chief technology correspondent for Newsweek magazine and a longtime Apple watcher, received an iPod by courier from the company the day the digital music player was announced in 2001.

But it took the author of the new book "The Perfect Thing: How the iPod Shuffles Culture, Commerce and Coolness" a while to discover what he thinks is the device's defining feature. He'd never had 1,000 songs in his pocket before. How do you decide what to listen to, manage your music, find a song?


It's your business: Old Bank Inn getting new lease on life

Jeff Curry trained horses for a quarter of a century before he went looking for a new career that would mean less wear and tear on his body.

Some might argue that his choice – opening his own restaurant – won't exactly be easy work.