Chicago

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Why Sam Zell Is Still High on Tribune

Ducati-riding magnate tells the New Yorker his deal's golden

(Newser) - Billionaire real estate magnate Sam Zell, legendary for turning around distressed properties, is likely to have his riskiest play—the struggling media giant Tribune—in his hands by year’s end. The financials have only gotten worse since he made the deal, but the "extravagantly confident" Zell isn't showing...

Gaming Giant to Close Chicago Office

EA shutters 'Fight Night'-producing studio as part of restructuring plan

(Newser) - The video game maker Electronic Arts is closing its Chicago office, laying off or relocating nearly 150 employees, the San Jose Mercury News reports. A spokesman for EA says the Chicago studio, which had tripled in size since 2004, wasn't profitable, and likely wouldn’t have been for at least...

Palatial Design, Modest Price
Palatial Design, Modest Price

Palatial Design, Modest Price

Can a Kiwi architect create the future of urban design in the Chicago suburbs?

(Newser) - Students of urban design should take a lesson from a new condominium development in Chicago's northern suburbs, the Chicago Tribune's architectural critic Blair Kamin says. Its three 20-story buildings in Skokie not only "create an instant skyline for a suburb that doesn't have one," they use Lego-like layers...

Christmas Carol Arms Race Hits Chicago Radio

Stations compete to kick off holiday programming earlier and earlier

(Newser) - Apparently not content to subject listeners to "The Little Drummer Boy" in the traditional Thanksgiving-to-Christmas window, two Chicago radio stations switched to the all-fa-la-la-la-la, all-the-time holiday format today. The move is both the latest volley in a hot rivalry and a repeat of a strategy that paid off in...

Thou Shalt Not Covet Thy Neighbor's Water

Sunbelt lusts for Great Lakes' water, but eight states vow to keep it

(Newser) - You'd think the warm weather and easy living would make the West and South leave Frostbelters alone. But no, they want what that frost is made from: water. As drought and development strain limited local water resources, the Sunbelt wants to tap some of the billions of gallons of Great...

Meteorite Hunter Gets His Due
Meteorite Hunter Gets His Due

Meteorite Hunter Gets His Due

He finds fame, maybe fortune, by digging through dust

(Newser) - He’s not exactly Indiana Jones, but Steve Arnold does have fame, wild adventures, and an 18-foot-wide metal detector. Arnold, a meteorite hunter, has combed the deserts of Chile, the tundras of Siberia, and the streets of Chicago looking for the extraterrestrial lumps of metal, the LA Times reports. His...

Marathoner Who Died Was Hauled to Wrong ER

Collapsed runner's ambulance got lost

(Newser) - Earlier this month at the sweltering Chicago Marathon, the ambulance transporting the runner who died got lost, had to get directions from another ambulance, and eventually ended up in the wrong emergency room. The man was in full cardiac arrest when the ambulance arrived on the scene and was, according...

Top Chicago Homebuilder Goes Bankrupt

Neumann becomes second largest builder to fall in subprime collapse

(Newser) - Neumann homes, a top Chicago homebuilder, will file for Chapter 11 bankruptcy protection, the Chicago Tribune reports, making it the second-largest builder felled by the dive in the housing market. The company has laid off all but 20 of its 110 workers. “I’m not overly optimistic about the...

Griese Rallies Bears to Last-Minute Win in Philly

Late drive wins game against Eagles 19-16

(Newser) - The Chicago Bears ran the two-minute drill to perfection and surged from behind yesterday at Lincoln Financial Field to beat the Philadelphia Eagles 19-16. The turnaround came when quarterback Brian Griese took the offense 97 yards in 103 seconds, cinching the game with a touchdown throw to Muhsin Muhammad with...

Fido-Friendly Vacation Spots
Fido-Friendly Vacation Spots

Fido-Friendly Vacation Spots

If vacation isn't vacation without Rover, consider one of these ten pet-friendly towns or your next trip

(Newser) - Man's best friend has become a member of the family, so why shouldn't he get a break, too?  Make it fun and easy to travel with your pet by visiting one of these hound-hangout towns MSNBC recommends:
  1. San Diego, CA
  2. Long Beach, CA
  3. Carmel, CA

Button Down Meets Blue Collar in Iowa

Obama courts votes before Hillary arrives for caucus battle

(Newser) - Advantage, Obama: He's already winning blue collar hearts in Iowa before Hillary shows up for her caucus drive. He can also talk agriculture and education with ease because Iowa's troubles resemble Illinois'. And vets he meets there resemble his grandad, a WWII soldier from Kansas. Yet the big city lawmaker...

Webb Spins Diamondbacks Win Over Cubs

Early pull of Zambrano from tie game backfires as pen gives it up

(Newser) - Lou Piniella wanted to make sure Carlos Zambrano could start a possible game four. What he didn't want was to see Carlos Marmol turn a 1-1 tie into a 2-1 deficit only four pitches into his relief outing. But that's what happened when rookie third baseman Mark Reynolds homered in...

Windy City Finance Biz Lures New Yorkers

Hedge fund says prices, lifestyle win converts

(Newser) - If a Chicago-based hedge fund goes public, can it relocate East Coast talent to the Windy City? Citadel Investment Group, which is signaling interest in an IPO, says many New Yorkers fall in love with the city. Yet some still give it the cold shoulder:  "A lot of...

Panhandler Reunited With Missing Dog

Concerned public helps give distraught owner new leash on life

(Newser) - A now famous Chicago panhandler said he was "speechless" yesterday during his ecstatic reunion with his 12-year-old mutt, Reba.  A sympathetic public mobilized into action last week after learning that Tom Finley had lost Reba and was too upset to eat or sleep, the Chicago Tribune reports. A...

Church Near Breaking Point over Gay Priests

World Anglicans frown on homosexuals among top US Episcopalians

(Newser) - US Episcopal bishops are about to sit down to talk with leaders of the greater Anglican communion on the simmering issue of homosexuality within the church, but the fact that a lesbian is under serious consideration as a candidate for bishop of Chicago may be a signal that the Americans...

Panhandler Begs For Lost Pooch, his 'Best Friend'

Anti-cruelty society and locals rally behind itinerant owner

(Newser) - A Chicago panhandler has gone from begging for loose change to asking after a lost pal, the Chicago Tribune reports. Sixty-nine year-old Tom Finley says he last saw his canine "best friend" outside a McDonald's, and believes someone took her in the hope of giving the dog better care....

Chicago Throws Hat Into Ring(s)
Chicago Throws Hat Into Ring(s)

Chicago Throws Hat Into Ring(s)

Windy City officially joins race for 2016 Olympic Games

(Newser) - Chicago and six other cities kicked off the competition for the 2016 Olympics yesterday by filing official applications to play host to the Games. The other candidates are 1964 Summer Olympics host Tokyo; Rio de Janeiro; Prague; Madrid; Doha, Qatar; and Baku, Azerbaijan. Chicago is likely to be among the...

Jury Convicts 5 in 'Family' Affair
Jury Convicts 5 in 'Family' Affair

Jury Convicts 5 in 'Family' Affair

Chicago's top kingpin nailed in 'Family Secrets' case

(Newser) - Chicago’s top mob boss was one of five men convicted today in a trial federal authorities dubbed “Operation Family Secrets” after one defendant's relatives offered unprecedented cooperation. Testimony from the son and brother of alleged hit man Frank Calabrese was key in convicting him, along with three Outfit...

Why Citywide Wi-Fi Doesn't Fly
Why Citywide Wi-Fi Doesn't Fly

Why Citywide Wi-Fi Doesn't Fly

Figures show low use of municipal wireless

(Newser) - As plans for free municipal Wi-Fi ran aground last week in San Francisco, Chicago, and St. Louis, Wired investigates why the egalitarian dream of all-pervasive wireless has failed to take hold. All to blame: the high cost of infrastructure, difficult public-private partnerships, and, above all, low consumer interest.

SEC: Don't Blame Credit Markets for Firm's Demise

Bankrupt cash management operation comes under federal scrutiny

(Newser) - The feds don’t know what happened to the millions of dollars that disappeared from the books of a Chicago-area cash management firm, but they don’t believe upheaval in the credit markets is to blame. Days after Sentinel Management blocked investors from withdrawing their investments, the company filed for...

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