Rivian sees profitability in 2024 despite losses in the billions

By 25 News NORMAL – Electric vehicle-maker Rivian Automotive expects it won’t be losing billions of dollars much longer. Company executives released fourth quarter and full-year results on Tuesday, also predicting Rivian will become profitable in 2024 while ramping up production at its plant in Normal. Rivian said it lost almost $6.8 billion in 2022,…MORE

IHSA girls basketball state finals this weekend at ISU

By Neil Doyle NORMAL – Some of the best girls high school basketball teams around the state will compete this weekend in Bloomington-Normal for the IHSA State Championship titles. The season started with 674 high school girls’ basketball teams across the state and now only 16 teams remain. Teams from class 1A, 2A, 3A and…MORE

Illinois House Speaker returns from trip to White House

By Dave Dahl SPRINGFIELD – Illinois House Speaker Chris Welch (D-Hillside) says it’s important for the legislature to maintain a relationship with the White House, so he was only too happy to participate Monday in a roundtable with members of the Biden administration and other Black statehouse speakers. The speakers in Illinois, New York, Maine,…MORE

State Farm announces ‘record’ underwriting loss in 2022 results

By 25 News BLOOMINGTON – State Farm is reporting “record” underwriting losses for its auto insurance companies – $13.4 billion. Despite that, the Bloomington-based insurer says its mutual automobile insurance company remains financially strong – ending 2022 with $131.2 billion compared with $143.2 billion at the end of 2021 and $126.1 billion at the end…MORE

McLean County ranks high for corn and soybean production nationwide

By IIS Radio SPRINGFIELD – County estimates are out for 2022 Illinois corn and soybeans. The state really made a strong showing when it came to soybean production says crop statistician Mark Schleusener. “McLean County ranked first in the U.S. with 21.2 million bushels,” said Schleusener. “Other high soybean producing counties in Illinois include Iroquois,…MORE

Blogs

Labor Day – Expanding voting rights for all

By Mike Matejka Because of COVID, there is no Labor Day Parade this year.  It’s always a great event for our everyday workers to march proudly down the street and enjoys the festive crowd. If there had been a parade, this year’s Labor Day theme was to be “150 years of struggle: your right to vote.” …

Is federal mobilization the answer?

By Mike Matejka As President Donald Trump threatens to send federal marshals into Chicago, over the objections of Illinois Governor J.B. Pritzker, recall another Illinois Governor who protested the incursion of armed federal personnel into the city.   Those federal troops, rather than calming, escalated the situation, leading to deaths and violence. Illinois poet Vachel Lindsay…

In these troubled times, to my fellow white Americans

By Mike Matejka Our nation is at a unique watershed in human relations. African-Americans have been killed too many times in the past before George Floyd, but the response to this man’s death is international and all-encompassing. I was a grade-schooler during the Civil Rights 1960s. I watched Birmingham demonstrators hosed and the Selma – Montgomery…

Workers’ Memorial Day – Remember those whose job took their life

Looking around our community, when we say employer, most will respond to State Farm, Country, or Illinois State University.   We too often forget those who are building our roads, serving our food, or our public employees. COVID-19 has made us more aware of the risk.  Going to work every day for some people means…