Business

Business

Wholesale prices rise 0.1% in November

WASHINGTON (AP) — U.S. wholesale prices barely rose last month as a sharp decline in the cost of gas offset pricier freight trucking services and mobile phone plans.

Postponement of Parliament vote puts Brexit deal in peril

LONDON (AP) — Facing almost certain defeat, British Prime Minister Theresa May on Monday postponed a vote in Parliament on her Brexit deal, saying she would go back to European Union leaders to seek changes to the divorce agreement.

GM fights government to retain tax credit for electric cars

WASHINGTON (AP) — General Motors is fighting to retain a valuable tax credit for electric vehicles as the nation's largest automaker contends with the political fallout triggered by its plans to shutter several U.S. factories and shed thousands of workers.

Job openings in October rise to 2nd-highest on record

WASHINGTON (AP) — The number of open jobs rose in October to the second-highest on record, evidence that U.S. employers remain determined to hire despite ongoing trade disputes and rocky financial markets.

Tuscola Outlet Mall still delivering revenue in tough times

TUSCOLA — Shortly after the Tuscola Outlet Mall opened in 1994, 54 stores were doing business there.

At last count, there are 30 stores remaining, with several storefronts empty during the busiest shopping season of the year.

A year after a Long Island-based real estate company bought the mall, Tuscola City Administrator Drew Hoel said not a lot has changed.

Building permits, Dec. 9, 2018

Listed are permits for all new single-family and multifamily residences as well as commercial and industrial work and residential remodeling costing over $25,000.

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

Champaign

Pratt Home Improvement, sunroom addition at single-family residence at 1920 Robert Drive, $80,000.

Business listings, Dec. 9, 2018

These applications for assumed business names were filed with the Champaign County Clerk's office:

Picture Perfect Cleaning Services, 415 N. Sheldon St., Apt. C, Rantoul, Quatico Jones, same address.

RalJe & Co., 302 S. First St., Apt. 301, C, Tierra Dorsey, same address.

Second Cup Studios, 1704 W. Park Ave., C, Kayla Myers, same address.

Wired in: Yuqian Xu

Each week, Paul Wood profiles a high-tech difference-maker. This week, meet YUQIAN XU, a professor of business administration at the University of Illinois. She is an expert who studies operations management, has researched smartphone spending and found that it is starting to displace traditional methods of payment.

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