| Aug 21, 2013
| 3:53 PM
Partisan gridlock prevented the Regional Transportation Authority board Wednesday from carrying out its routine annual responsibility to set estimates of funding levels for the CTA, Metra and Pace to plan their budgets for next year.
The move to...
| Jul 23, 2013
| 1:00 PM
Downers Grove' downtown tax increment financing district has more than tripled in value over 15 years, but the village spent more than the district amassed in revenues in 2012, according to an annual report filed with the state.
The district garnered...
| Jul 18, 2013
| 1:31 PM
In a first, the International Monetary Fund has said it will consider filing a brief to the U.S. Supreme Court supporting Argentina’s position in a long-running debt fight with hedge funds.
The IMF has never before made such a filing before the...
| Aug 12, 2013
| 8:39 AM
Japan's economic growth slowed in the second quarter, spurring debate over whether the country should raise its sales tax in order to more quickly pay down its public debt.
The country's gross domestic product grew at an annualized 2.6%, coming in at a...
| Aug 6, 2013
| 10:09 AM
UBS will pay $50 million to settle charges by the U.S. Securities and Exchange Commission that the Swiss bank misled investors, the regulatory agency announced Tuesday.
UBS Securities was accused of violating securities laws while structuring and...
| Jul 27, 2013
| 7:43 PM
While both Northern Beef Packers and the state's certified beef program have had sluggish starts, a partnership between the two is still a possibility, a state ag official said.
Jamie Crew, communications officer for the state Department of...
| Aug 1, 2013
| 3:25 PM
A broad-based group of opponents to the proposed Village Entrance project declared war this week.
The opening salvo is the website http://www.letlagunavote.com which came on line Wednesday, created by the opponents who have been quietly meeting to...
| Jul 5, 2013
| 2:34 AM
CALEXICO — The Gran Plaza Outlet Mall is being described as a “game-changer” for the city of Calexico, and the $94 million project took a step forward Tuesday night.
City Manager Oscar Rodriquez stated that he believes the mall will...
| Feb 6, 2013
It's not unusual to lose your balance while standing on a peak.
And so it goes with the stock market. Investors suffered some fear of heights Monday and sent the Dow Jones industrial average tumbling. It was the worst day of this year, with a triple-...
| Mar 23, 2013
| 7:51 PM
Contrary to rumor, Nero did not fiddle while Rome burned. He couldn’t have; fiddles did not exist in first century Rome.
Far more likely, however, is that Nero lit the fire that burned nearly one-third of the city in 64 AD because he wanted to...
| Feb 27, 2013
| 3:27 PM
The city will be forced to dip into its general fund for $1 million to help the city-owned Hilton Baltimore make debt payments this year, city officials said Wednesday.
Harry E. Black, Baltimore's director of finance, said the hotel needs the money to...