U.S. takes majority stake in GMAC, giving lender $3.8 billion more in aid

 

The government now owns majority ownership stakes in those three firms, General Motors and insurance giant American International Group. It also holds large stakes in Citigroup and Chrysler.

The additional aid for GMAC underscores both its struggles and its importance to the administration's efforts to revive the auto industry. GMAC, which already has taken $12.5 billion in direct federal aid along with other forms of government support,

U.S. takes majority stake in GMAC, giving lender $3.8 billion more in aid - washingtonpost.com

Ill. hunting, fishing fees to increase

resident fishing license will climb to $14.50 from $12.50. Deer permits, which have sold for $15 each in recent years, will now sell for $25. Small game permits will go to $12, up from $7.

Daily Herald | Ill. hunting, fishing fees to increase

Used-car market taking big hit from Clunkers

A 2006 minivan, if you can find one, will probably cost you $600 or $700 more than a year ago."

Two years ago, our sales would be maybe 70 percent new, 30 percent used," Grady said. "Now it's more like 50-50."

used cars are gradually starting to become more available, and their prices have begun to stabilize or even fall, dealers agree

Used-car market taking big hit from Clunkers :: The Courier News :: Local News

NY Times Editorial - The Case for Reform

The fact that 46 million people in this country have no health insurance should be intolerable. Every other major industrial country guarantees health coverage to its citizens, yet the United States, the richest of them all, does not.

Click on the following for the complete opinion:  Editorial - The Case for Reform - NYTimes.com

Boone County looks to fill vacant board positions

commissioner of the housing authority for a five-year term that would expire January 2015; member of the sanitary district board of trustees for a term that would expire May 1, 2012; and member of the Boone County Regional Planning Commission for a term that would expire Dec. 31, 2011.

Boone County looks to fill vacant board positions - Rockford, IL - Rockford Register Star

Brown's Chicken files for Chapter 11

Elmhurst-based Brown's Chicken & Pasta Tuesday filed for Chapter 11 bankruptcy, which allows it to financially reorganize while temporarily shielded from its creditors' claims. Brown's 39 area outlets, all but three of which are owned by franchisees, remain open for business.

Click on the following for more details:  Brown's Chicken files for Chapter 11 - chicagotribune.com

Crusader Community Health receives $5.3 million in Recovery and Reinvestment Act funds

Crusader Community Health received $5,342,337 in grant funding through the American Recovery and Reinvestment Act to construct a new site in Loves Park and continue renovation of unused space at the existing Crusader Community Health on Broadway-Uram Building.

serves multiple counties in northern Illinois including Boone, Winnebago and Stephenson, and provides care to more than 40,000 individual patients annually in our region.

Click on the following for more of the story:  Crusader Community Health receives $5.3 million in Recovery and Reinvestment Act funds | The Rock River Times