Economy

Economy

Economists see no gain from NAFTA renegotiation

WASHINGTON (AP) — Most business economists expect the Trump administration's efforts to renegotiate the North American Free Trade Agreement will make no difference to the U.S. economy or cause harm.

Target to up hourly base pay to $15 by end of 2020

NEW YORK (AP) — Target Corp. is raising its minimum hourly wage for its workers to $11 starting next month and then to $15 by the end of 2020 in a move it says will help it better recruit and retain top-quality staff and provide a better shopping experience for its customers.

Getting Personal: Matt Difanis

Each week, we offer a Q&A with a local personality. Today, staff writer Melissa Merli chats with MATT DIFANIS, 41, of Mahomet, a real-estate broker, owner of RE/MAX Realty Associates in Champaign and president-elect of the Illinois Realtors trade organization.

What interests you the most right now?

Building permits, Sept. 24, 2017

Listed are permits for all new single-family and multifamily residences as well as commercial and industrial work and residential remodeling costing more than $25,000. Permits are listed by applicant, description, site and cost.

CHAMPAIGN

Steven and Desiree Jones, new single-family residence at 1403 Wyndemere Point Drive, $1,396,300.

Business listings, Sept. 24, 2017

These applications for assumed business names were filed with the Champaign County clerk's office:

Call Number, 1717 W. Kirby Ave., #311, C, Jamillah Gabriel, 2526 Leeper Drive, #2, C.

Cherub Candle Co., 609 N. Craig Drive, Mahomet, Rebecca Seymour, same address.

Family Resale, 2790 Route 45 South, Rantoul, Harley Zook, 178 Fountain Valley, Rantoul.

Thieves likely got your personal data

CHAMPAIGN — It takes less than a minute to find out online if you're potentially affected by the massive Equifax data breach. But some experts contend consumers are safer assuming they're one of the 143 million unlucky ones.

In other words: Go ahead and check, but even if you get good news, consider taking steps to protect yourself.

Champaign-born developer headed to prison for fraud in Quad Cities

CHAMPAIGN — Developer Todd Raufeisen spent six years defrauding 22 investors out of $1.7 million in the Quad Cities area.

Now he'll spend six years in federal prison.

The Champaign native and University of Illinois graduate pleaded guilty in May to wire fraud and money laundering from 2010 to 2016 and was sentenced earlier this month.

London regulator not renewing Uber's license over safety concerns

LONDON (AP) — Uber will lose its license to operate in London because it may be endangering public safety and security, the local regulator said Friday, in a severe blow to a company already facing big questions over its corporate culture.

Sports-memoribilia appraiser can help you find out if fortune is in the cards

CHAMPAIGN — A few years ago, after he decided to turn his hobby of appraising vintage sports memorabilia into his full-time job, Michael Osacky took a look at a 1915 Cracker Jack complete baseball card set for someone.

The man figured the collection he inherited from family members was worth a couple thousand dollars.

Community Foundation launching incubator for local nonprofits

CHAMPAIGN — The Community Foundation of East Central Illinois is launching an incubator for local nonprofits in an effort to foster social innovation.

The Community Solutions Incubator will help emerging nonprofits get access to networking opportunities, seminars, a cooperative workspace and mentorship from community leaders.