Business

Business

Yellow Checker Cab cuts hours, citing lack of workers

CHAMPAIGN — A local taxi company has cut its hours of operation, citing a shortage of employees.

Yellow Checker Cab will no longer run taxis on weekends or between the hours of midnight and 5 a.m., owner Redith Ewing said Wednesday.

Amazon to give Prime members extra discounts at Whole Foods

NEW YORK (AP) — It's Prime time at Whole Foods: Amazon said it will give its Prime members extra discounts at the grocery chain.

Walmart unveils Lord & Taylor site as it tries to go upscale

NEW YORK (AP) — Walmart, long known for its "everyday low prices" mantra and as a place for basics, wants shoppers to think of it as a source for style and upscale fashion as it tries to reach more affluent customers.

Home construction slides 3.7 percent in April

WASHINGTON (AP) — U.S. builders broke ground on fewer apartment buildings last month, pushing overall home construction down 3.7 percent from March.

Champaign council officially puts hotel project in former Illini's hands

CHAMPAIGN — After being in limbo for a few months, downtown's upcoming millennial-focused boutique hotel is officially back on track with a new developer.

Homebuilders' confidence rises in May

U.S. homebuilders are feeling more confident about their sales prospects, reflecting strong demand for newly built homes with existing homes in short supply.

The National Association of Home Builders/Wells Fargo builder sentiment index released Tuesday rose two points to 70 this month. That's up from a revised reading of 68 in April and snaps a four-month slide in builder confidence.

85 people representing 40 groups give input on Lincoln Square's future

URBANA — Representatives from around 40 local organizations gathered at Lincoln Square Mall on Tuesday to discuss how the area can be revitalized.

The Lincoln Square area is 16 acres bordered by Race, Vine, Illinois and Elm Streets. It includes the mall and Landmark Hotel, which are privately owned, along with city-owned public parking lots.

Rauner on hand for ribbon-cutting of EpiWorks' expansion

CHAMPAIGN — Gov. Bruce Rauner stopped in Champaign for a ribbon-cutting Tuesday morning at one of the fastest-growing companies in town.

"Go Illini, go Illini, yay Illini," Rauner said to kick off his speech at II-VI EpiWorks, which recently quadrupled the size of its headquarters at 1606 Rion Drive in northwest Champaign.

Builder optimisms rebounds in May after 4-month slide

U.S. homebuilders are feeling more confident about their sales prospects, reflecting strong demand for newly built homes with existing homes in short supply.

The National Association of Home Builders/Wells Fargo builder sentiment index released Tuesday rose two points to 70 this month. That's up from a revised reading of 68 in April and snaps a four-month slide in builder confidence.

U.S. retail sales up solid 0.3% in April

WASHINGTON (AP) — U.S. retail sales rose at a solid pace in April, a sign that consumers may be rebounding from weak spending earlier this year and driving stronger economic growth.