CHAMPAIGN – Central Illinois Bank's parent company, CIB Marine Bancshares, on Friday reported a net loss of $10.35 million for the quarter that ended June 30.
That compares with a net loss of $14.03 million for the same quarter in 2008.
CHAMPAIGN – Area TV stations say they aren't planning to add more digital "subchannels" soon, even though they have the flexibility to do so.
When TV stations began broadcasting digitally, they gained the ability to divide their signal across several video subchannels or "feeds."
URBANA – Road construction projects are numerous this summer, as any area motorist can tell you.
But those projects aren't providing nearly as many jobs for the construction trades as the skyscraper apartment projects completed in Champaign last year.
After running bars and restaurants in Champaign-Urbana for two decades, George Dries was ready for a change.
He still wanted to be in the food business, but he didn't want to manage a restaurant seven days a week anymore.
CHAMPAIGN – Restoration Urban Ministries, the faith-based social services agency in Champaign that faced shutoff of utilities due to overdue bills, is close to its goal of raising enough money to pay the bills.
"We're not quite there, but we're getting close," said Judy Stoll, financial officer for the organization at 1213 Parkland Court.
CHAMPAIGN – A local union of stagehands and riggers has filed a grievance with the University of Illinois over renovation work being done in the Assembly Hall.
The university this spring awarded a nearly $1.2 million contract to Hoist Sales & Service of Florida to remove an old hoist system and install a new one in the Assembly Hall. The work began in July. Hoist systems hold stage equipment in the air, such as theater curtains and lights.
CHAMPAIGN – Forcing developers to construct big parking lots no longer is viewed by city planning officials as a good idea.
DANVILLE – City and economic development officials hope that construction of a 297,000-square-foot distribution facility next to the Fiberteq manufacturing plant will be the first of three new projects in the Southgate Business Park, southeast of Danville.
CHAMPAIGN – City sales tax receipts in Champaign and Urbana continue to track lower than a year ago, worrying local officials.
Sales taxes figures released Thursday – for funds that will be distributed to cities this month – show Champaign had monthly receipts of $2.2 million, 5.6 percent below a year ago.
"OK, you asked for it. ... This one is awesome," said MeLinda Lee of Broadlands of her Snicker Surprise. "This a nice quick dessert to take to a cookout and kids love it, too."