• News

    Bill seeks lower tax rate for CNG, propane gas

    by  • May 12, 2014 • News

    Truckers cannot buy compressed natural gas or liquid propane at retail gas stations in Illinois, but companies that want to get into that business might get started if their products were not at a tax disadvantage to diesel. It takes more gallons of CNG or propane to go the same distance as diesel, and...

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    Tax issue not settled in General Assembly

    by  • May 12, 2014 • News

    There are three weeks left in the spring legislative session, yet the governor doesn’t know if or when lawmakers will act on his request to extend the income tax increase. If lawmakers do nothing, the income tax rate will fall from 5 percent to 3.75 at the end of the year. Gov. Pat Quinn...

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    Chrysler recalls minivans for faulty window switches

    by  • May 12, 2014 • News

    Chrysler group is recalling 780,000 minivans to replace window switches that can short-circuit and overheat if exposed to moisture. The company said Friday that it knows of 36 incidents related to the faulty switches, but is unaware of any related injuries or accidents. Chrysler says the switches, located on the driver-side door, can short...

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    Hillshire brands buying Pinnacle Foods

    by  • May 12, 2014 • Breaking News, News

    Hillshire Brands announced Monday it is buying Pinnacle Foods, whose brands include Duncan Hines, Bird’s Eye, Hungry Man and Aunt Jemima, in a cash-and-stock deal valued at approximately $4.23 billion. The deal would expand Hillshire brands’ portfolio which includes Jimmy Dean sausage, Ball Park franks and Sara Lee frozen bakery goods. Shares of both...

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    Fairfield teacher charged with videotapping girls

    by  • May 11, 2014 • News

    Formal charges are expected to be filed Monday against a Fairfield Community High School math teacher and track coach for allegedly videotaping students in a girls’ locker room at the school. Timothy C. Going was arrested Friday after the allegations surfaced that he had been videotaping students in a girls’ locker room. The charge...

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