Business

Business

Property tax bills are in the mail

URBANA —Beware of what could be in your mailbox Saturday: the dreaded property tax bill.

Actually it's not too bad this year, according to County Treasurer Dan Welch, whose office doesn't set the tax rates but sends out the tax bills and collects the money.

Walgreens buying Carle RxExpress pharmacies

URBANA — Walgreens has agreed to take over the assets of Carle RxExpress and plans to continue to operate six of the 10 Carle RxExpress pharmacies, the company announced Thursday.

Henning firm's expansion to add 150 jobs

HENNING — A Henning food industry manufacturer will be hiring 150 additional employees as part of an exclusive agreement with ConAgra Foods to produce the company's cooking sprays.

Banks doing better than a year ago

Banks' first-quarter earnings are sharply higher than they were a year ago, according to early reports from area banks whose stock is publicly traded.

All area banks that have reported first-quarter earnings so far were profitable during the quarter that ended March 31. All reported improved performance from a year ago.

First Busey earnings up for sixth quarter in a row

CHAMPAIGN -- First Busey Corp. continued to recover in the first quarter of 2011, posting its sixth consecutive quarter of improved earnings.

Net income totaled $9.1 million for the quarter that ended March 31. After dividends on preferred stock were deducted, net income available for common stockholders was $7.3 million.

Founder leaves Volition

CHAMPAIGN -- The founder and president of Volition Inc. is leaving the company.

Mike Kulas told employees last week he is stepping down after 18 years with the Champaign-based video game design firm and its predecessor, Parallax Software. His last day will be Monday.

Danville business continues to make it bloom

DANVILLE - Evidently dark clouds and a tornado watch make the best atmosphere for planting petunias in a 67-foot-long flower box while standing on a lift about a dozen feet above the ground – with an audience.

Champaign council backs business partnership

CHAMPAIGN -- The city council on Tuesday night moved forward with an agreement it hopes will enhance business development and connectivity between three of the city's core business centers.

Real-estate developer Clint Atkins dead at 65

Businessman and philanthropist Clint Atkins, owner of The Atkins Group, partner in Fox/Atkins Development and VersaBuoy International and developer of subdivisions and shopping centers in Champaign-Urbana, died Sunday morning. He was 65.

Family members said Mr. Atkins died after a heart attack in his sleep at about 4 a.m. in Lexington, Ky.

It's Your Business: Illini Inn changes hands

The Illini Inn on campus has new owners.