Business

Business

IYB sneak peek: Second Jet's up and running

Got a biz tip? Email Don Dodson at dodson@news-gazette.com

Don Wiese and Pat Snack are firing up their second Jet’s Pizza store in Champaign.

U.S. economic growth slows to 2.6 percent in fourth quarter

MARTIN CRUTSINGER, AP Economics Writer

Take it to the bank

5 takeaways from First Busey's fourth-quarter report, courtesy business writer Don Dodson:

Food co-op's manager leaving

URBANA — The general manager of Common Ground Food Co-Op plans to leave in May to take a new job with the Food Co-Op Initiative, Common Ground's board of directors announced.

Jacqueline Hannah has accepted a position as a co-op development specialist with the initiative, a national organization that advises startup cooperatives.

New, expanded hotels planned for Danville

DANVILLE — Developers are planning to build a new hotel on Lynch Drive in Danville and expand an existing hotel in that area.

Record iPhone sales drive blowout quarter for Apple

BRANDON BAILEY, AP Technology Writer

Quite a year for state FFA chief

CHAMPAIGN — Cody Morris spoke at 66 Illinois schools last fall in his capacity as state FFA president.

But nothing on his speaking tour prepared him for the response he got from one high school freshman.

IBM denies 'ridiculous' report of mass layoffs

BRANDON BAILEY, AP Technology Writer

Riding out a down year

RANTOUL — Illinois ridership on Amtrak in fiscal year 2014 was down 4 percent from the previous year, the passenger rail service reported.

Amtrak had about 4.97 million boardings and alightings in Illinois from Oct. 1, 2013 to Sept. 30, 2014, compared with about 5.18 million the preceding year.

Building permits, Jan. 25, 2015

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, description, site and cost.

CHAMPAIGN

Signature Homebuilders, new single-family home at 1109 English Oak Drive, $235,000.