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State officials confirmed Monday that Rivian has not any received any of the tax breaks, part of the EDGE tax credit program, despite hiring significantly more people and investing more money in Normal than initially expected.
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Rivian officials said Tuesday there are early signs of success from their plan to more proactively generate demand for their electric vehicles – a critical step as the company looks to turn a modest gross profit by the end of this year.
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State Farm has stopped selling new homeowners insurance policies in California, effective Saturday, over concerns about destructive wildfires and the rising cost of construction.
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In two weeks, State Farm’s auto insurance customers in Illinois will see their rates go up again – for the fourth time in less than a year. Together they’ve raised the average cost about $200.
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The Bloomington City Council on Monday will consider a developer’s $18.5 million plan to build luxury apartments and townhomes on a long-vacant property just east of downtown. The developer is asking for $4.5 million in incentives to do it.
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Homeless shelter managers in Bloomington believe they have found a long-term solution to a shortage of emergency beds during the winter, but they are still about 50 beds short this winter.
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Sunnyside Urban Farm serves several nonprofits, and will employ 10 teenagers from within a two-mile radius in west Bloomington.
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Rivian’s founder and CEO RJ Scaringe said Tuesday that the constant tinkering they’re doing now to lower the cost of manufacturing will serve the company well as the electric-vehicle business gets a lot more crowded in the coming years.
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Maria Alvarez from Maria's Cakes is now one of Bloomington-Normal’s most successful professional cake makers. She became popular, in part, by making cakes for Bloomington-Normal’s Hispanic families for quinceañeras.
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Bloomington-based Heritage Operations Group is selling off about half its fleet of nursing homes, and cutting administrative staff.
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Jenna Smith is a nutrition and wellness educator with University of Illinois Extension based in Bloomington. She guides would-be food entrepreneurs and actually helped shape some recent changes to Illinois’ Home-to-Market law.
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Electric automaker Rivian has a big order to fill for Amazon — to the tune of 125,000 delivery vans. So when the assembly of one component began to create a chokepoint in the entire production process, the electric vehicle manufacturer with a plant in Normal outsourced the job to a Peoria not-for-profit.