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Fast-track passed; Cat calls it significant for business

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For the first time since 2007, a U.S. president will have access to fast track trade authority after the U.S. Senate on Wednesday passed it and sent it to President Obama for his signature. He is expected to sign it.

The legislation, officially known as...

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Cat increases dividend: CEO optimistic about future

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600px Caterpillar logoCaterpillar Inc.’s board of directors voted Wednesday to increase the quarterly cash dividend by 10 percent, bringing the rate to 77 cents per share of common stock, the company announced. The vote came while the board was in Wamego, Kansas for Caterpillar’s...

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Peoria ranked as nation's 10th best place to start a business

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aac2015Peoria has been ranked one of the best places in the country to open a business, perhaps debunking the belief by many that the city is a tough place to do business.

NerdWallet,...

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New Bushwhacker open; Junction City eyes expansion

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FullSizeRender7When Rich Pestien had to make a decision what to do with his Bushwhacker store, an opportunity opened he wasn’t expecting. And with the outdoor equipment and bicycle store just in its third week at Junction City Shopping Center, he can tell he made the right decision.

“This...

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Cat announces alliance to increase access to power

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600px Caterpillar logoCaterpillar Inc. announced Thursday it has developed a strategic alliance that will create microgrids to give access to solar power in remote locations and applications.

Caterpillar and First Solar Inc. will develop an integrated photovoltaic solar solution to get...

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Gender disparities evident in jobs survey

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glass ceilingMonster today announced the findings of a recent survey that reveals gender...

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Consumer confidence dips in April

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Put. The Phone. Away.

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Interview1It should go without saying, but checking your smartphone isn't a smart move during a job interview. In fact, it's...

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Cat profit up despite drop in sales and revenues

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600px Caterpillar logoGetting leaner and more efficient in its manufacturing processes enabled Caterpillar Inc. to improve its first quarter earnings by 26 percent this year despite a 4 percent decrease in sales and revenues from the first quarter of 2014, the company announced Thursday.

As...

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More Boomers ready to work in retirement

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work or retirementSeventy-two percent of America's retired Baby Boomers are not currently working for pay in retirement....

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Older Americans having harder time finding jobs

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aarplogoDespite recent improvements in job creation statistics and the nation's unemployment rate, half of the people ages 45...

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Texting is biggest cause of road rage

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traffic5Once again, people who text while driving are the biggest problem for other drivers, according to the 2015 Road Rage Report...

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Research: More women than men live in poverty

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More women than men live in poverty throughout the country and far fewer own a business, according to new research released last week.

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Jim Wetherington resigns from Civic Center post

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jwJim Wetherington has resigned his position as general manager of the Peoria Civic Center, effective immediately.

Wetherington was general manager of the facility for four years and has been with the SMG-managed Civic Center for more than 25 years, starting as custodial supervisor and working his...

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Research suggests equal pay is decades away

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Cat reducing manufacturing footprints at two locations; no job loss to result

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600px Caterpillar logoCaterpillar Inc. said Monday it will transform and reduce the size of two of its facilities in an effort to improve efficiency.

In a news release issued late afternoon, the company said...

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Cat creates new analytics division

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600px Caterpillar logoCaterpillar Inc. announced Friday it will create a new...

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Economic growth forecast for remainder of 2015

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manufacturing21Economic growth is expected to continue in the United States throughout the remainder of 2015, say...

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Cat maintains cash dividend; nominates director

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Small business optimism at its highest since 2009

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openforbusinessSmall business optimism is at its highest mark since the Great Recession, according to the 2015 Capital...

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RLI set to expand Peoria campus

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RLI logoSince the day it was founded 50 years ago, with an office in downtown, RLI Corp. has called Peoria home.

That won’t change in the future as the specialty insurance company, which completed renovations of its corporate headquarters now on the city’s...

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