Business

The Normal Town Council will take up the $29 million Trail East project proposal Monday.

State Farm Insurance is settling a class action conspiracy suit for $250 million. At stake if the matter Hale vs. State Farm had proceeded to trial was $10 billion.

Green Top Grocery has hired a new general manager as the co-op continues its turnaround effort.

“Incredibly amazing,” “brilliant” and “very gifted” are just a few ways an Illinois Wesleyan University professor described her three students who recently won a $5,000 grant to start up their business.

Frontier Airlines is coming back to Central Illinois Regional Airport in Bloomington.

Sears is closing another 72 stores after reporting a first-quarter loss and plunging sales. The store at Eastland Mall in Bloomington is not on the latest closure list.

Amid the many moves by State Farm Insurance comes a hiring fair.

Thirteen eye doctors and a spectacle boutique are coming together to create a new $10 million eye center.

The total compensation for State Farm’s top executive is lower than his predecessor’s and several of his peers in the insurance industry.

A new manufacturer is coming to town.

As more retail chains shut down, cities across Illinois figure out what to do with millions of square feet of empty space.

The latest State Farm Insurance unit to undergo realignment is State Farm Bank. The company says it is making about an 18 percent cut to the number of workers at State Farm Bank.

But, there will be an increase of about 100 bank employees in Bloomington-Normal as the company says it looks for ways to build a leaner, stronger company.

State Farm Insurance is adding armed guards to its major hubs including Bloomington, Atlanta, Dallas, and Phoenix.

State Farm Insurance is announcing an auto rate decrease for Illinois. The Bloomington-based company says the average decline for Illinois rate payers will be 2.9 percent.

The Bloomington-Normal housing market continued its sluggish start to 2018, with total sales off nearly 20 percent through February.

Bloomington-Normal unemployment has dropped to 3.6 percent for February. That was down more than a point from the same month last year, according to the Department of Employment Security.

Bloomington-Normal’s jobless rate has fallen again, making it the lowest among all metro areas in Illinois.

State Farm announced Tuesday it will cut around 890 jobs in Bloomington as part of an IT restructuring project that will add similar positions in Atlanta, Dallas, and Phoenix.

State Farm on Thursday reported its second-straight year of operating losses for its property-casualty insurance businesses, as the company pledged to get leaner and make significant internal changes.

An Illinois State University professor who once sued the institution over gender pay equity has now given ISU its largest faculty cash gift ever.

The head of the Bloomington-Normal Economic Development Council said Rivian Automotive has earned its property tax abatement for the year.