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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
May 07, 2013
Page
5
Patriot’s fate shifts to a bankruptcy judge as talks continue with the union to avert or limit cuts. Union spokesman Phil Smith cautions a strike is not decided, while Peabody defends Patriot’s history and assets amid industry shifts and lower coal demand.
Ameren Illinois and its Missouri branch maintain five and six response trailers respectively loaded with 200 items to restore service on 100 poles and 400 service jobs. Leaders urge staying clear of downed wires and damp electrical items during weather emergencies and to report gas leaks immediately.
O'Reilly plans a Murphysboro location and qualifies for 10 years of property tax abatements for improvements. After a decade abatements drop to 50 percent for another ten years as the chain expands across 42 states with about 4,000 stores. In 2013 the company aimed for 190 openings and posted $1.59 billion in sales with a $154 million quarterly profit.
About 141,000 students statewide receive MAP grants based on filing dates. The agency, after consulting with school financial aid leaders, will focus on the 9,800 students who received funds after an extended acceptance date. Most schools will absorb the cuts, so those students should not be affected. Caleb Hale of The Southern Illinoisan contributed information.
Elastec American Marine, a 23 year old Southern Illinois firm, showcases a complete oil spill response system with a motorized barge, 150 foot boom legs, BoomVane devices, Kvichah OSRV, MARCO Filterbelt, Towable Bladder, OceanEye aerial surveillance, and global partners to improve containment and recovery. The display includes an aerial view from a tethered aerostat and real time video to command, aiming to set a new standard in spill response.
The finance committee learned repairs to public defender and other offices may cause temporary staff dislocations. Roof and basement work totaling over 200000 dollars are planned for the Craine Building and courthouse annex on 10th Street, requiring vacated offices. Architects will meet with building and grounds in June to discuss vacancies. no timetable yet. The county aims to finalize the 2012 fiscal year audit by month end, with a possible special board meeting after May 21 if needed.
Monday stock prices feature ConocoPhillips and a long list of NYSE listed names led by Corning AT&T Exxon Mobil and Boeing with mixed gains and losses. Notable movers include Berkshire Hathaway Coca Cola Apple and Pfizer among others with varied daily changes across sectors.
Grain futures on the Chicago Board of Trade declined with July wheat down 18.25 cents to 7.0275 per bushel and July corn down 24.75 cents to 6.365. Oats, soybeans and cattle and hog futures also moved lower on the same session, with live cattle, feeder cattle and lean hogs all easing.
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