Business

Business

Groups exploring innovation museum

CHAMPAIGN — Several groups are exploring the possibility of creating a local museum that would feature innovations developed in Champaign County.

Jayne DeLuce, president and CEO of Visit Champaign County, mentioned the concept at the visitors bureau's annual Toast of Tourism on Wednesday at Parkland College.

Daimler's self-driving big rig makes big entrance in Nevada

KIMBERLY PIERCEALL, Associated Press

LAS VEGAS (AP) — Its name is "Inspiration" and Daimler Trucks says it's the first ever self-driving semi-truck licensed to drive on public roads — in this case Nevada's highways — not only for testing, but business, too.

Comcast bringing gigabit fiber-optic Internet to C-U

CHAMPAIGN — Comcast plans to offer a much faster residential broadband service in Champaign-Urbana and add 160 new "hot spots" in Campustown and downtown Champaign for Wi-Fi users, company spokesman Jack Segal said Wednesday.

Dozens of employers plan to attend job fair

CHAMPAIGN — Fifty-one employers plan to have representatives on hand for the 2015 Spring Job Fair coordinated by the Central Illinois Human Resources Group and The News-Gazette.

The job fair will be from 2 to 6 p.m. Thursday at the Hilton Garden Inn, 1501 S. Neil St., C.

ADM profit rises on agriculture, oilseeds gains

DECATUR, Ill. (AP) — Archer Daniels Midland Co. (ADM) said Tuesday its net income climbed in the first quarter on better results from its agricultural services and oilseeds businesses and the flavors business it bought in 2014.

Court filing leads to tabling of grain elevator request

MONTICELLO — Consideration of a special use permit that would allow Topflight Grain Cooperative to construct a pair of new grain bins at its Milmine facility has been put on hold after a neighboring landowner asked for an injunction in Piatt County Circuit Court. 

In a court document, Richard and Debra Chestnut express

Six to be honored at Toast to Tourism

CHAMPAIGN — Six area residents will receive 2015 Tourism Impact Awards from Visit Champaign County on Wednesday as part of the visitors bureau’s “Toast to Tourism.”

Recipients include:

McDonald's to simplify structure, focus on customers

CANDICE CHOI, AP Food Industry Writer

1 in 4 renters using half of pay for housing costs

WASHINGTON (AP) — More than one in four U.S. renters have to use at least half their family income to pay for housing and utilities.

That's the finding of an analysis of Census data by Enterprise Community Partners, a nonprofit that helps finance affordable housing. The number of such households has jumped 26 percent to 11.25 million since 2007.

China factory index shows fastest deterioration in a year

HONG KONG (AP) — Chinese manufacturing suffered its sharpest contraction in a year in April, raising pressure on Beijing to roll out new stimulus to keep growth in the world’s No. 2 economy from slipping below the official target, a report said Monday.