Business

Business

McDonald's U.S. sales climb; customer traffic still a focus

OAK BROOK (AP) — McDonald's says new Big Mac sizes helped boost a key sales figure in the U.S., but that it's still working on trying to attract more customers to its stores.

Home prices rose at fastest pace in nearly 3 years

WASHINGTON (AP) — U.S. home prices rose steadily upward in February as more homebuyers chased fewer available properties, a trend that many analysts say may not be sustainable.

New-home sales climb to 8-month high in March

WASHINGTON (AP) — U.S. sales of new homes shot up in March to the fastest pace in 8 months, as more Americans are upgrading their houses in a positive sign for the broader economy.

Cost cuts at Coca-Cola go deeper, including jobs

ATLANTA (AP) — Coca-Cola's sales declined in the first quarter as it restructured its business, and the world's biggest beverage maker said it will cut 1,200 jobs starting later this year as it deepens its cost-cutting.

Wells Fargo faces shareholders, protesters at annual meeting

PONTE VEDRA BEACH, Fla. (AP) — Wells Fargo's top management and board of directors apologized to investors and faced a series of protesters Tuesday at the first big shareholder meeting since a scandal over sales practices led to an executive shake-up, fines and a dented reputation.

Consumer confidence dips in April but remains strong

WASHINGTON (AP) — U.S. consumer confidence slipped in April but remains at high levels.

The Conference Board, a business research group, said Tuesday that its consumer confidence index registered 120.3 this month, down from 124.9 in March, which was the highest reading in 16 years.

Ground broken on extended-stay Marriott in east Danville

DANVILLE — Construction begins this week in Danville on a new 80-unit TownePlace Suites by Marriott, an extended-stay hotel that will serve a niche market, according to the property owners and local officials.

Courage Connection 'in crisis mode'

CHAMPAIGN — Courage Connection, a Champaign agency that helps victims of domestic violence and the homeless, says it's on the brink of closing over a budget crisis.

And this definitely isn't a budget crisis the agency caused itself, Courage Connection Executive Director Isak Griffiths said.

"To be clear, the reason we're in this situation is because of the state," she said.

Just Askin': Outdoor seating at Champaign restaurants

How many outdoor seats do restaurants have in Champaign?

Champaign bars and restaurants have over 1,300 outdoor seats, according to the city's planning and development department.

That's based only on their outdoor cafe permits, which are only for seating in public spaces, so they may have more outdoor seating on their own property.

Today's Special: Korean restaurant owners expanding in Savoy

SAVOY — The owner of one business at Savoy Plaza is opening a traditional Korean barbecue restaurant on the other side of the shopping complex later this week.

Chulke Chang and his wife, Sang, have owned Star Karaoke at 1503 Lyndhurst Alley, next to Dairy Queen, for about 10 years.