Newly approved tuition increases at the University of Illinois mean that four years of college on the flagship campus will top $100,000 for many students. Trustees voted Thursday to raise tuition by 1.7 percent.
Victims of the Nov. 17 tornados in Illinois have until Jan. 27 to apply for individual assistance through the Federal Emergency Management Agency, and and homeowner and renter loans through the Small Business Administration.
A Champaign native and University of Illinois Economics professor is planning a bid for city mayor in 2015.
A massive $1.1 trillion spending bill has gained Senate approval, allowing Congress to send a wide-ranging bill to President Obama for his signature.
State Farm Insurance is getting out of Canada. The Bloomington-based insurance giant is selling its Canadian unit to Desjardins Group, Canada's largest credit union.
The purchase price is not being made public at this point. State Farm, Desjardins and its French partner Credit Mutuel, will invest $1.5 billion in the combined business. State Farm's investment in Desjardins stock will be $450 million Canadian.
State Farm is now the fourth largest auto insurer in Canada and seventh largest property and casualty operation, though it's business is largely concentrated in three provinces, Ontario, Alberta, and New Brunswick.
The new business to be run by Desjardins under the State Farm brand for some years would become the second largest Canadian property and casualty insurer with a larger geographical reach.
Desjardins approached State Farm. Rust also said the agreement opens the door to future cooperative ventures in Canada.
Desjardins tells its Canadian workers in a letter that the regulatory and political response to the great recession, and the Bloomington company's U.S.-centric approach limits State Farm's ability to respond and adapt to changing Canadian markets.
Rust calls the decision to sell "difficult" but says it will create opportunities for the new operation to become a market leader in Canada. The deal is expected to close in January of 2015.
At that point State Farm's 1,700 Canadian workers and 500 Agents would work for Desjardins.
Desjardins is also acquiring State Farm's Canadian mutual fund, loan, and living benefit operations. It says State Farm agents in Canada will retain their existing agency agreement terms for a few years.
Illinois ranks last in the nation when it comes to how much money the state kicks in for public education. This has to do with the complicated formula that determines school funding. There is a move to change how that's done.
JPMorgan Chase says it will replace about 2 million of its customers credit cards because they were compromised in recent security breaches at major retailers.
Eastern Illinois University hopes to open a new autism center and the school is trying to raise startup money in an unusual way for a university: a crowd-sourcing campaign.
The House is expected to vote Wednesday on a $1.1 trillion spending bill that would fund the federal government into October and bring to an end, for now at least, the bitter partisan battles that have led to one government shutdown and threatened to push the U.S. into defaulting on its bills.