Business

Business

CIB Marine Bancshares extends voting on reorganization

CHAMPAIGN – Central Illinois Bank's parent company has extended the time allowed for voting on its proposed reorganization plan.

CIB Marine Bancshares extended the voting period to Sept. 9 so holders of its trust preferred securities can give further consideration to the plan.

Easton-Bell Sports' quarterly income down 75% over 2008

RANTOUL – Easton-Bell Sports on Tuesday reported net income of $3.9 million for the quarter that ended July 4, down from $15.5 million for the comparable quarter a year ago.

Net sales for the quarter were $187.3 million, down from $220.8 million for the same quarter in 2008.

Champaign rejects Comcast's franchise-renewal proposal

CHAMPAIGN – City council members voted unanimously Tuesday to reject Comcast's formal proposal to renew their cable franchise in town.

Provena steers some patients Christie's way

URBANA – Provena Medical Group has begun referring many of its patients to Christie Clinic, but it still plans to continue offering eight medical specialties in the Champaign-Urbana area.

Consent-decree plaintiffs' lawyers seek $1.26 million

CHAMPAIGN – The plaintiffs' attorneys in the Champaign school district's consent-decree case are asking for $1.26 million in attorney fees and costs related to their work on the case.

The amount of fees owed by the district to the plaintiffs' attorneys, who represented the district's black students, is the only unresolved matter remaining in the consent-decree case. The decree ended this summer in all but three areas – special education, alternative education and additional seats to be put in north Champaign – in which the plaintiffs were seeking an extension.

Medical waste to be accepted year-round in area

URBANA – Medical waste doesn't belong in your garbage can, but people in the area haven't had any other options for year-round disposal.

Now they will.

Group: Many cell phone users paying too much

CHAMPAIGN – Nearly three out of four Illinois residents pay more than they should for cell phone service, according to a report from the Citizens Utility Board.

Citizens Utility Board says cell phone bills too high

CHAMPAIGN — Nearly three out of four Illinois residents are paying more than they should for cell phone service, the Citizens Utility Board estimated today.

Two businesses taking over ex-Patterson Cos. facility

CHAMPAIGN – For four years, the former Patterson Cos. facility on Staley Road has been seeking a buyer.

Now it's found one. Two Urbana businesses – Commercial Floor Covering and Advanced Wayne Cain & Sons Roofing & Sheet Metal – plan to move into the 87,000-square-foot building later this year.

It's Your Business: Sheep play role in composting venture

Becky Weber of Urbana has collaborated with Charles Bedinger, who raises grass-fed sheep outside Catlin, to form a new composting venture, Ewe Poo Compost.

They're selling the compost in 20-pound bags at the Second Saturday sales in downturn Urbana and the Wednesday farmers' market in Danville. The bags sell for $4 apiece, or three bags for $10, Weber said.