Chicago-based firm to expand operations in Indianapolis

INDIANAPOLIS (AP) — A Chicago-based company has announced plans to invest $2.9 million in an expansion of its operations in downtown Indianapolis. Geofeedia, Inc., a location-based social media monitoring platform, says it will create up to 336 new jobs by 2020. The company says it wants to develop a 9,200 square-foot facility into its largest […]

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Alton Steel lays off more than 60 workers

ALTON, Ill. (AP) — Alton Steel Inc. says it has laid off 62 workers because of less demand in steel markets. The (Alton) Telegraph reports (http://bit.ly/1zdgjc4 ) that’s about a quarter of the company’s workforce. The layoffs went into effect on Sunday. The company said in a release that the reduced scheduling will continue until […]

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Illinois farmland prices fall, especially in the east

CHAMPAIGN, Ill. (AP) — A land-managers’ organization says farmland prices fell across much of Illinois in 2014 but more sharply in the eastern part of the state than other areas. An annual survey conducted by the Illinois Society of Professional Farm Managers and Rural Appraisers found prices across most of the state ranged from stable […]

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Walgreens aims to close about 200 US stores

Walgreens plans to close about 200 U.S. stores as the nation’s largest drugstore chain expands on a $1 billion cost-reduction plan it announced last August. The Deerfield, Illinois, company said Thursday that it also will reorganize its corporate operations and streamline its information technology and other functions. It expects the moves to add $500 million […]

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Walgreens beats 2Q profit forecasts

DEERFIELD, Ill. (AP) — Walgreens Boots Alliance Inc. (WBA) on Thursday reported fiscal second-quarter net income of $2.04 billion. The Deerfield, Illinois-based company said it had net income of $1.93 per share. Earnings, adjusted for one-time gains and costs, were $1.18 per share. The results surpassed Wall Street expectations. The average estimate of 14 analysts […]

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700 Wisconsin employees to lose jobs when GeminiCares closes

SLINGER, Wis. (AP) — A company that provides home and respite care to elderly and disabled people around Wisconsin plans to end operations next month and lay off its 700 employees. GeminiCares, based in Slinger, has employees in 11 communities in Wisconsin. Its notice to the state Department of Workforce Development says its current clients […]

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Billions for March Madness, but pennies for Olympic gold 
EDDIE PELLS, AP National Writer

INDIANAPOLIS (AP) — Nobody will be thinking about Olympic gold medals when Duke and Wisconsin meet Monday night for the national title. Maybe they should. The money March Madness and the football playoffs generate, along with the increasing amount it takes to sustain big-time hoops and football programs, dictate the tricky math that guides the […]

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Illinois governor wants to rip ‘economic guts’ from Indiana

INDIANAPOLIS (AP) — Illinois Gov. Bruce Rauner (ROW’-nur) says he wants “rip the economic guts out of Indiana.” He told the Chicago Tribune Editorial Board Monday (http://trib.in/1JkCgfe ): “Believe me, I am going to rip — try to rip the economic guts out of Indiana.” He went on to say, “We’re coming after Indiana big […]

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OHSA cites Lombard business for failing to protect workers

DES PLAINES, Ill. (AP) — U.S Department of Labor officials have found that a crew working on a Des Plaines condominium could have fallen from the seven-story building because their employer failed to provide protection. The federal labor department announced the Occupational Safety and Health Administration’s finding on Monday. Officials say an OHSA inspection came […]

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Smithfield Foods Plans $12 Million Investment in Cudahy, Wisconsin Facility

SMITHFIELD, Va., April 2, 2015 (GLOBE NEWSWIRE) — Smithfield Foods, Inc. broke ground on a new $12 million bacon slicing plant at its Cudahy, Wisconsin facility today, Thursday, April 2, 2015. The plant is expected to be fully operational by December 2015. The new 17,000-square-foot plant will include four slicing lines that will increase Smithfield […]

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