Economy

Economy

First Busey income up for quarter

CHAMPAIGN — First Busey Corp. this week reported third-quarter net income of $9.1 million, up from $7.9 million a year earlier.

For shareholders in the Champaign-based parent company of Busey Bank, that resulted in earnings of 10 cents per share, up from 8 cents per share in the third quarter of 2013.

Tuscola optimistic about $1.2 billion plant

TUSCOLA — It could be just a matter of time before a large fertilizer operation decides to settle just outside Tuscola.

'It's cool to be a hacker'

URBANA — Women, if you're dismayed with the number of females studying and working in technology and are thinking of leaving the field, don't do it, says Max Levchin, entrepreneur, investor and University of Illinois computer science graduate.

After rough winter, small firms make plans to profit

NEW YORK — What do you do in the midst of mountains of snow? If you're like some small business owners, you try to profit from it.

After last year's rough winter and with forecasts of another snowy season, small business owners want to ensure they can operate through whatever's ahead and, in some cases, capitalize from it.

Stocks wrap up dramatic week higher

NEW YORK (AP) — The stock market capped a turbulent week with a big gain Friday, a sign of renewed investor confidence after days of gloomy economic news.

Apartments push up homebuilding in September

WASHINGTON (AP) — Construction firms broke ground on more apartment complexes in September, pushing up the pace of U.S. homebuilding.

Filling station: Gas prices drop for now

A week ago, a gallon of regular unleaded in Champaign would run you $3.40 on average. Thursday, it was selling for as little as $3.04 locally. A few things we heard about the welcome trend:

The price plunge will continue.

Pork processing plant expands in Rantoul

RANTOUL — Rantoul Foods' pork processing plant will build a 48,000-square-foot expansion.

U.S. jobless aid applications fall to 14-year low

CHRISTOPHER S. RUGABER, AP Economics Writer

On the money, Oct. 16, 2014

On the money: A local look at the cost of doing business

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