Business

Business

Home sales dropped 0.4% in April

WASHINGTON (AP) — U.S. home sales slipped 0.4% in April, as would-be homebuyers face affordability challenges and a limited supply of starter houses.

The National Association of Realtors said Tuesday that existing homes sold at a seasonally adjusted annual rate of 5.19 million last month, down from 5.21 million in March.

U.S. delay of Huawei ban gives tech sector time to adjust

BEIJING (AP) — The United States is delaying restrictions on U.S. technology sales to Chinese tech powerhouse Huawei in what it calls an effort to ease the blow on owners of its cell phones and smaller U.S. telecoms providers that rely on its networking equipment.

Ford parting ways with 7,000 white-collar workers as part of restructuring

DETROIT — Ford revealed details of its long-awaited restructuring plan Monday as it prepared for a future of electric and autonomous vehicles by parting ways with 7,000 white-collar workers worldwide, about 10 percent of its global salaried workforce.

AG: Closure of Suburban Express doesn't mean end of consent decree

CHAMPAIGN — Suburban Express may have shut down, but the Illinois Attorney General says it still is required to live up to a court-ordered agreement reached last month.

The local bus company abruptly stopped operating earlier this month, and owner Dennis Toeppen said it would wind down "hopefully no later than July 31."

Impossible Foods debuts meatless sausage at Little Caesars

DETROIT (AP) — Plant-based burger maker Impossible Foods is debuting its second product — meatless sausage crumbles — on Little Caesars pizza.

Little Caesars will start testing the Impossible Supreme Pizza on Monday at 58 restaurants in Fort Myers, Florida; Yakima, Washington; and Albuquerque, New Mexico. The $12 pizza also comes with mushrooms, caramelized onions and green peppers.

Honda jet division expanding N.C. production space

GREENSBORO, N.C. (AP) — Honda's jet division is expanding its headquarters in North Carolina.

Greensboro-based Honda Aircraft Co. announced Monday it is expanding its global headquarters with an extra 82,000 square feet for expanded wing assembly and more parts storage for the private jets rolling off the production line.

T-Mobile-Sprint deal gets key endorsement from FCC chair

WASHINGTON (AP) — A key federal regulator says he plans to approve wireless carrier T-Mobile's $26.5 billion takeover of rival Sprint, a crucial step for the deal's approval.

Ford cutting 7,000 white-collar jobs

DETROIT (AP) — Ford revealed details of its long-awaited restructuring plan Monday as it prepared for a future of electric and autonomous vehicles by parting ways with 7,000 white-collar workers worldwide, about 10 percent of its global salaried workforce.

Business listings, May 19, 2019

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

C-U Black & African Art, P.O. Box 133, U, Susan Ogwal and Cindy Ogwal, same address.

i Lash Out, 2003 Moreland Blvd., Unit 108, C, Crystal Elmore, same address.

J and M Rentals, 1205 W. Church St., C, James Schneider and Judith Schneider, DeKalb.

Building permits, May 19, 2019

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

Tanley LLC, new zero-lot-line residence at 3405 Boulder Ridge Drive, $217,500.

-