Illinois

1467 Results / Page 115 of 163

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Sears bankruptcy

Business & Lifestyle

Sears chairman’s hedge fund wins company’s bankruptcy court auction

CHICAGO (UPI) -- Sears Holdings said Thursday that ESL Investments, the hedge fund owned by its chairman and largest investor, won the company's bankruptcy auction. Eddie Lampert's investment firm will pay $5.2 billion for substantially all of Sears' remaining assets, including 425 stores, its Home Services business, and the Kenmore and DieHard brands, if approved by the court. "We are pleased to have reached a deal that would provide a path for Sears to emerge from the Chapter 11 process," […]

todayJanuary 18, 2019 11

Chicago Laquan McDonald

Chicagoland Region

Three Chicago officers acquitted of coverup in Laquan McDonald shooting

CHICAGO (UPI) -- A judge found three Chicago police officers not guilty Thursday on charges that they covered up for officer Jason Van Dyke after he shot and killed 17-year-old Laquan McDonald in 2014. Cook County Judge Domenica Stephenson ruled that Detective David March, and officers Joseph Walsh and Thomas Gaffney were not guilty of official misconduct, obstruction of justice and conspiracy to obstruct justice in their probe into Van Dyke's killing of McDonald. "This court finds that the state has […]

todayJanuary 18, 2019 12

Illinois food stamps SNAP

Business & Lifestyle

Illinois to issue February food stamp benefits this week

SPRINGFIELD (Illinois News Network) -- Those on food stamps in Illinois should get next month's benefits by the end of the week, but leaders in Springfield are warning people to make them last. The Federal government is releasing February's food stamp benefits, officially known as the Supplemental Nutrition and Assistance Program (SNAP), early. The partial Federal government shutdown will leave the United States Department of Agriculture without the authority to spend money next month. In Illinois, Department Of Human Services […]

todayJanuary 15, 2019 9

Illinois rail

Business & Lifestyle

$2 billion Illinois rail project falls behind high-speed targets

SPRINGFIELD (Illinois News Network) -- Amtrak riders are still waiting for higher train speeds along the Chicago-to-St. Louis route. Officials promised travel at up to 110 mph along the line as part of a nearly $2-billion dollar project largely funded by Federal economic stimulus dollars awarded under then-President Barack Obama. Recent projections had trains reaching 90 mph on a portion of the trip in 2018, but the timetable now has been pushed into this year. Installing and testing new federally-mandated […]

todayJanuary 14, 2019 25

Michael Madigan legislative

Business & Lifestyle

COMMENTARY: New legislative cycle, same old chaos

As a new General Assembly legislative session convenes this week, the same political chaos continues. The newly-established Democratic super-majority continued to elect the same corrupt leadership in Michael Madigan and John Cullerton, just as Republicans did the same with Jim Durkin and Bill Brady. This only confirms that the duopoly embraces corruption. In other words, the same political clusterfuck still exists: Illinois still spends nearly $143.79 billion for every $108.53 billion taken in. The state has an operational debt of […]

todayJanuary 10, 2019 7

Michael Madigan legislative

Capital Area Region

Lawmakers again elect Madigan as House Speaker

SPRINGFIELD (Illinois News Network) -- For the 18th time in the past 36 years, members of the Illinois House selected state Rep. Michael Madigan to serve as speaker, giving the Chicago Democrat broad authority over everything from committee assignments to which bills get called for a vote. Madigan is longest-serving state legislative leader in the United States. He's had the gavel in the House for all but two years since 1983. Madigan also has been chairman of the state Democratic Party […]

todayJanuary 9, 2019 7

Illinois Congress Congressional

Decision 2020

Illinois congressional delegation to shrink after 2020 Census

SPRINGFIELD (Illinois News Network) -- Continued population loss means Illinois will have to say goodbye to one at least one of its 18 congressional representatives after the 2020 Census. Election Data Services recently released its annual projections of which states will gain and lose U.S. Representatives at the next turn of the decade. The projections show Illinois’ 18th Representative will almost certainly be removed and given to another state, said Kimball Brace. Other states projected to lose seats include Alabama, California, Michigan, Minnesota, New York, Ohio, […]

todayJanuary 9, 2019 6

Illinois food bank

Business & Lifestyle

Illinois food banks rush to distribute 315,000 gallons of milk

SPRINGFIELD/DAVENPORT, Ia. (Illinois News Network) -- There will be no shortage of milk for hungry families in Illinois – in fact, there may be too much. Food banks across Illinois are facing a unique challenge. They have just a few months to hand out over 315,000 gallons of milk. The United States Department of Agriculture is donating the milk because it wasn't sold due to the tariff tit-for-tat. Mike Miller with the River Bend Food Bank in the Quad Cities said […]

todayJanuary 8, 2019 4

hemp

Business & Lifestyle

State proposes regulations on hemp crops

SPRINGFIELD (Illinois News Network) -- Illinois farmers are one step closer to growing hemp. The Illinois Department of Agriculture released the proposed regulations for growing industrial hemp on December 28. Although Governor Bruce Rauner signed the Industrial Hemp Act in August, planting was delayed pending regulations. Industrial hemp is used for CBD oil, food, clothing fiber and food, according to Liz Rupel, the policy organizer at Illinois Stewardship Alliance. “We are pretty pleased with what the Department of Agriculture produced,” […]

todayJanuary 6, 2019 14

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