Ex-UAW President Dennis Williams sentenced to 21 months

DETROIT — Dennis Williams, the 11th president of the UAW, who stressed financial discipline and railed against corruption while simultaneously bilking union members out of more than $132,000, was sentenced Tuesday to 21 months in federal prison. The UAW’s president from 2014 to 2018, Williams is the highest-ranking UAW member to be sentenced in a …

Illinois rate cap law spurs lending debate

The state’s Predatory Loan Prevention Act places a 36 percent cap on all consumer loans of less than $40,000 and includes guaranteed asset protection products sold on vehicle purchases as part of the interest rate calculation — a major detail that makes the law significant for franchised dealers in the state. Read more here:: Latest …