Business

Business

Waldenbooks in Danville mall scheduled to close

DANVILLE – The Waldenbooks at the Village Mall is one of 200 mall-based Waldenbooks stores that the Borders chain plans to close, according to an announcement Thursday.

The Borders Group intends to close the stores in January, although the list of stores is not final and is subject to change, pending finalization of agreements in coming weeks, according to the company's news release posted on its Web site Thursday.

Economic group seeks support for Olympian Drive project

CHAMPAIGN – The Champaign County Economic Development Corp. plans to try to marshal more support for the eastward extension of Olympian Drive to U.S. 45.

Open house to address southeast Urbana outages

URBANA – AmerenIP officials will have an open house next week to address outage concerns for residents of southeast Urbana.

Ameren spokesman Leigh Morris said the event will be from 4 to 6 p.m. Nov. 10 at the Stone Creek Church, 2502 S. Race St., U. Utility officials will be available to talk to residents one-on-one about reliability issues or other questions, he said.

Burger King on Prospect reopens after fire

CHAMPAIGN — The Burger King at 2110 N. Prospect Ave., C, has reopened following a fire there earlier this week.

Urbana critics wary of proposed Carle merger

URBANA – Urbana Mayor Laurel Prussing said she can't fully support a proposed merger of Carle Foundation Hospital and Carle Clinic until she's certain it won't heap an unfair burden on local taxpayers. And it's not enough for Carle to promise Urbana and other local governments that it will make payments in lieu of taxes on clinic properties that could one day become tax-exempt.

Groundbreaking set for Parkland's diesel center

CHAMPAIGN – Parkland College is about to break ground on a diesel center that's part of a program where 100 percent of students get a job.

The groundbreaking ceremony for Parkland College's new Diesel Technology Addition will take place from 10 to 11 a.m. Friday at the campus's Tony Noel Agriculture Technology Applications Center.

Food co-op manager offers tips for inexpensive meals

URBANA – If you're looking to eat healthy on a reduced budget, try mainly beans and grains and buy in bulk, advises Jacqueline Hannah, general manager of the Common Ground Food Co-op.

A former cook, Hannah dispensed that advice during her monthly Eating Healthy on a Budget class in the Lincoln Square Village hallway behind the co-op.

First Busey chairman comments on stock price drop

CHAMPAIGN – The price of First Busey stock fell below $4 a share after the Champaign-based bank holding company announced a $284 million quarterly loss last week.

But First Busey Chairman Van Dukeman said he believes the price drop was related more to investors being less confident about the economy.

New Paxton facility hopes to foster imaginativeness

PAXTON – Paige Price wants the Paxton area to boost its creativity level.

That is why the Arizona State University alumnus is opening The Art Vault, 106 N. Market St., as a venue for area residents to paint, craft, sculpt, write, get a message or even have a psychic reading.

UI flash index's big increase is its first in two years

URBANA – The University of Illinois flash index rose substantially for the first time in two years, but a UI economist said it's too early to tell whether the recession is ending.

The index rose from 90 in September to 90.7 in October, said economist J. Fred Giertz, who compiles the index for the UI's Institute of Government and Public Affairs.