WASHINGTON – U.S. Senate Majority Whip Dick Durbin (D-IL), Chair of the Senate Judiciary Committee, met with Tim Decker, Chair, President, & CEO of The Home Depot, to discuss the impact of credit card swipe fees. Earlier this year, Durbin and U.S. Senator Roger Marshall, M.D. (R-KS) introduced their Credit Card Competition Act , bipartisan legislation that would enhance competition and choice in the credit card network market, which is currently dominated by the Visa-Mastercard duopoly. The legislation is estimated to save merchants and consumers $15 billion each year and this week, Durbin urged the Senate to bring the bill to the floor for a vote. “Visa and Mastercard set the fees on behalf of thousands of banks and tell merchants to take it or leave it. Merchants have no real choice but to accept the outrageous fees,” said Durbin. “In 2022 alone, U.S. merchants and consumers paid $93.2 billion in credit card interchange fees to line the pockets of the
From Kevin McCarthy at a closed-door meeting of the Republican caucus, daring hard-right loonies to oust him: You guys think I’m scared of a motion to vacate. Go f---ing ahead and do it. I’m not scared. You tell 'em, Kevin.
GLENVIEW— Governor JB Pritzker and the Illinois Department of Commerce and Economic Opportunity (DCEO) announced today that UPSIDE Foods – a leading cultivated meat, poultry and seafood company will locate its first commercial-scale production facility in Glenview. As the first cultivated meat company to receive FDA approval, UPSIDE’s new Glenview facility marks a major milestone for cultivated meat production – supporting Illinois’ ecosystem and adding to the state’s dominance in the food processing industry. Bolstered by one of the first EDGE for Start Ups agreements, the company will invest at least $141 million and create a minimum of 75 new jobs. “On behalf of the State of Illinois, we are excited to welcome UPSIDE Foods to the Land of Lincoln and are committed to supporting their growth in the cultivated meat industry,” said Governor JB Pritzker. “Here in Illinois, we are a hub for tech and innovation, thanks to our talented
Missouri State Highway Patrol was called onto the scene for a fatal hit-and-run at Northbound Missouri Route B., south of Simpson Hill Drive, on September 18 around 6:35 p.m.
WASHINGTON – U.S. Senate Majority Whip Dick Durbin (D-IL), Chair of the Senate Judiciary Committee, and U.S. Senator Tammy Duckworth (D-IL) today released the following statement after the Senate Judiciary Committee voted to advance the nomination of April Perry to serve as U.S. Attorney for the Northern District of Illinois: “We are pleased that the Senate Judiciary Committee has advanced the nomination of April Perry to serve as the next U.S. Attorney for the Northern District of Illinois. She was highly regarded by our screening committee and brings strong qualifications and a wealth of experience from her time in the U.S. Attorney’s Office and in the private sector to the position. “While we would hope for quick consideration of Ms. Perry’s nomination by the full Senate, one Republican Senator continues to hold up Department of Justice nominees, including critical federal law enforcement officers—who prosecute violent crime, terrorism, and
St. Louis Lambert International Airport has officially purchased five electric shuttle buses, and airport officials could roll them out later this year.
Logistics Park Kansas City, a major distribution hub in Edgerton, Kan., is adding another one million square foot distribution facility. Contegra Construction Co. is building Inland Port 9 for Northpoint Development at the 3,000-acre, master-planned development which was launched 10 years ago. The project will be completed in February 2024 and is the second distribution […]
As we’ve discussed widely, the entire premise of various link tax bills has never made sense. They’re pushed by the media and politicians insisting that Google and Facebook are unfairly “profiting” off of their news. Except that’s never made any sense at all to anyone who looked at the situation carefully. First of all, links […]
The Wall Street Journal says oil prices are "soaring": Hmmm. Here is the spot price of West Texas Intermediate since the beginning of the year: It's up about 10%, from $77 to $87. The Journal got its much larger number by (a) using the NYMEX future price, and (b) cherry picking the start of the ...continue reading "Oil prices are up, but not yet “soaring”"
The Missouri Gaming Association (MGA) estimates that there are approximately 14,000 illegal gambling machines scattered throughout the state. MGA is advocating for the seizure of these machines statewide, they said that these slot machines are continuing to steal money from Missourians.
Motörhead's 1983 album, Another Perfect Day, is being reissued in honor of its 40th anniversary. The expanded set will arrive November 3 and includes remastered audio of the original album, various…
A Maryville University St. Louis freshman got a bit of a surprise when he entered his dorm and saw a cutout of his mother standing next to his bunk bed.
High-risk patients from states that heavily restrict abortion are coming to hospitals in states such as Illinois that protect abortion rights. The journey can mean more medical risks and higher bills.
stLouIST