Economy

Economy

Kraft Heinz in talks with Unilever after first bid rejected

NEW YORK — Kraft Heinz is attempting to buy Unilever in a $143 billion deal that would join the U.S. maker of cheeses and lunch meats with the European producer of mayo, teas and seasonings in a global powerhouse.

Profits at The Andersons up for quarter, full year

MAUMEE, Ohio — The Andersons Inc. announced fourth-quarter and year-end results, showing an increase in profits both for the quarter and the year.

In the fourth quarter, the Andersons reported net income of $10.1 million, or $0.36 per diluted share, up $5.1 million from the year-ago quarter, when it reported net income of $5 million, or $0.18 per diluted share.

After failed union vote, Boeing hails Trump visit to S.C. plant

COLUMBIA, S.C. — Boeing workers' overwhelming anti-union vote at the aviation giant's 787 Dreamliner plant in South Carolina is a big victory for Southern politicians and business leaders who have lured manufacturing jobs to the region on the promise of keeping unions out.

It's also a win for the company that will host President Donald Trump at its North Charleston facilities Friday.

Budget relief still possible, state official claims

SPRINGFIELD — Gov. Bruce Rauner's budget director said Thursday that public universities, community colleges, social services and other agencies left without funding for half of the current fiscal year might still see relief.

Monticello Bootcamp teaches entrepreneurial essentials

MONTICELLO — About two years ago, Samantha Koon loved the idea of opening a wine bar.

She still does, but the Monticello businesswoman has since launched a gourmet meal delivery service (Gourmet to Go), and soon will open a boarding house (Zybell House) and home decor and gift shop (Monticello Mercantile).

Local municipalities bullish on housing markets

Local leaders from six area communities delivered their annual state of the local housing market reports Thursday to the Champaign County Association of Realtors. Here's their top selling points:

Trudeau hails EU-Canada trade deal

STRASBOURG, France (AP) — Canadian Prime Minister Justin Trudeau on Thursday hailed a new trade pact with the European Union, telling the EU parliament that the deal they approved this week will create jobs and boost the middle class on both sides of the Atlantic.

Homebuilding falls as developers start fewer apartments

WASHINGTON (AP) — U.S. builders broke ground on fewer homes last month, led by a drop in apartment construction.

Athena Young Professional Award winner 'loves to brag' about county

CHAMPAIGN — Athena Young Professional Award recipient Carly McCrory "loves to brag" about Champaign County, and as a cancer survivor is heavily involved in volunteering.

McCrory, 28, will be presented the award today at the Champaign Country Club.

Baked chips, diet sodas 'guilt-free'? Pepsi thinks so

NEW YORK (AP) — What do Baked Lay's potato chips, Simply Tostitos chips and Diet Mountain Dew have in common? They're all "guilt-free," according to how PepsiCo categorizes them.