Daily Archive : Friday September 23, 2011
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News
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Satellite likely in ocean, but may have hit U.S.
It's as big as a bus and weighs 6 tons, but officials probably will never be able to pinpoint exactly where a massive NASA satellite plummeted to Earth.
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Cougar Den rocks, as 1,000 turn out for Dance Friday
Conant High School's Cougar Den was pumped this morning, as nearly 1,000 students turned out to show their school spirit. Chosen by Internet vote as the prep destination of the week for the NBC 5 morning show, students, teachers and parents turned out to celebrate. “There’s no other school with this much school spirit,” marveled Homecoming Queen Christina Rosales.
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A look at how apple cider is made in Maple Park
A behind-the-scenes look at Kuipers Family Farm in Maple Park during its peak season: the apple harvest. See exactly how all that delicious apple cider is made for the fall weekend crowds.
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Man charged in arson case gets public defender
A former Waukegan mayoral candidate charged with arson locally and in Canada had the Lake County public defender’s office appointed to represent him Friday. Gregory Flesher, 48, is accused of burning down a former Salvation Army store in Waukegan and of starting a fire in an Ontario apartment building that killed a 48-year-old woman.
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Rolling Meadows mulls 4-day garbage collection
Rolling Meadows city council and city staff are debating the merits of moving to a 4-day refuse program or continuing to pick up resident's trash 5 days a week. The public works department said it will actually cost more money in overtime to cut a day, but the city council wants to investigate further before abandoning the idea.
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District 214 ‘Alive at 25’ unit sobers up driver’s ed classes
Students in District 214 driver's ed classes are getting more than the basics -- they're also getting the same defensive driving curriculum that adults get after an accident or a ticket. “I’d love to see other schools do the same thing,” said James Solomon of the National Saftey Council. "(District 214) is getting ahead of the problem and dealing with it.”
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Naperville dentist accused of reckless homicide dies
A Naperville dentist charged with reckless homicide after an I-88 crash that killed two people died Friday, his attorney said. William A. Howe, 43, had been hospitalized at Loyola Medical Center in Maywood after the Aug. 6 crash near Lisle that killed Sher Ali Shalwani, 75, and Farzana Ali, 38, both of Elmhurst.
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Defense tries to stop confession in Vernon Hills murder
Police interrogated a “deranged” Daniel Baker when they questioned him about the murder of a Vernon Hills woman in her own home, defense attorneys claim in a motion filed in Lake County Court. Baker's attorneys, Edward Genson of Chicago and Michael Nerheim of Waukegan, are seeking to prevent a confession detectives say Baker gave them in Cut Bank, Mont., from being used in trial.
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Castro gets his 200th hit
Cubs shortstop Starlin Castro reached the 200-hit mark for the season when he singled in the first inning of the Cubs' game Friday night against the St. Louis Cardinals at Busch Stadium. He is the first Cubs player to reach the milestone as a shortstop and only the fifth major-league player since 1940 to collect at least 200 hits at 21 or younger.
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550 volunteers build Round Lake playground in one day
Have you ever wondered how many people it takes to build a 5,000-square-foot playground in one day? In Round Lake, the answer is 550.
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Killing spree trials expected to slow to a crawl
Lyle Reed hopes Nicholas Sheley’s next trial moves quickly. Reed is the son of Russell Reed of Sterling. Sheley is charged with killing 93-year-old Russell Reed in June 2008 as part of a string of eight killings in Illinois and Missouri. Sheley was convicted Monday in the first of those cases. But proceedings in Whiteside County for the deaths of Reed and four other people are scheduled to start...
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Coach suing Carpentersville woman
A Carpentersville woman is being accused of trademark infringement and counterfeiting, over purses and other accessories she sells through an online boutique. Coach's lawsuit says Stacy's Pink Martini boutiques are selling fake Coach items, thus defrauding consumers and damaging the value of Coach's trademarks.
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Coach sues Kane County Flea Market over fake goods
Coach has sued the Kane County Flea Market, alleging trademark infringement. The leather-goods company says the flea market "has been and continues to be a hotbed for the marketing and sale of so-called 'knock-off' or counterfeit merchandise..."
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Pet fair Sept. 25 in Hoffman Estates
State Rep. Fred Crespo invites residents of the 44th District to a pet fair, 1-4 p.m. Sunday, Sept. 25, High Point Park, Hoffman Estates. Events include a best-dressed pet contest, Frisbee catching contest, low-cost microchipping, information on rabies prevention and an opportunity to register new pets. (630) 372-3340.
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Des Plaines Library free drug, alcohol abuse lecture
Keys to Recovery, an alcoholism and drug treatment center at Holy Family Medical Center in Des Plaines, will present a free lecture on recognizing the signs and symptoms of drug and alcohol abuse, 7-9 p.m. Monday, Sept. 26 at the Des Plaines Public Library, 1501 Ellinwood St.
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Arlington Hts. District 25 budget shows deficit
Arlington Heights Elementary District 25 will pull $3 million from its reserves to balance the budget this yea, but the difference between revenues and spending is all capital projects, district officials say.
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Dist. 128 officials heading to Springfield about pools
With the swimming pools at Libertyville and Vernon Hills high schools facing closure Oct. 1 because of safety concerns, District 128 Superintendent Prentiss Lea and others will go to Springfield on Monday to personally discuss the matter with state health officials.
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D76 seeks volunteers:
The Diamond Lake District 76 Board of Education is seeking community volunteers to serve on the recently created finance and community relations committees.
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Route 22 crossing to close:
The Metra commuter rail tracks on Route 22 (Half Day Road) west of Route 43 (Waukegan Road) will be closed from Oct. 5 through Oct. 12.
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Eco-friendly lawn program:
Lake County residents can get free property consultations through the Conservation@Home program, a grant-funded initiative administered by the Liberty Prairie Conservancy, which supports eco-friendly lawn and garden practices.
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Story hour at Mariano’s:
Mariano’s Fresh Market is bringing its “Tales for Tots” story hour for 3- to 6-year olds to its Vernon Hills store on Monday, Sept. 26.
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Dist. 200 to put old Hubble Middle School items up for public sale next month
Wheaton Warrenville Unit District 200 will hold a public sale of items at the old Hubble Middle School next month. Meanwhile, the developer who bought the property continues to work with the city as they try to clear the way to bring a grocery store downtown.
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Former Elgin councilman named Kane judge
Former Elgin City Councilman John Walters will be returning to city hall next month. The 58-year-old was unanimously appointed by the Illinois Supreme Court to be the 16th Judicial Circuit's newest judge and he will start Oct. 31 handling bond call and traffic court at the Elgin branch, which also is where the city council meets.
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Elgin police reports
Peter Charles Blenner, 22, of Kelsey Court in South Elgin, was arrested just after midnight Sept. 23 and charged with possession of drug paraphernalia, police said. Police found a smoking pipe after stopping the vehicle Blenner was driving because the rear license plate light did not illuminate the plate, a report said.
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U of I fundraising campaign tops $2.25 billion
The University of Illinois Foundation says its 8-year-old Brilliant Futures fundraising campaign has topped its $2.25 billion goal several months early.The foundation is the university’s fundraising arm. It said in a news release Friday that the campaign has raised $2.267 billion in donations from graduates, corporations and others. The campaign ends Dec. 31.
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Feds: Poor communication contributed to firefighter deaths
A federal agency has found that poor communications and too few radios contributed to the deaths of two Chicago firefighters killed last year when an abandoned building collapsed.
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School staff member arrested on child porn charges
Federal officials say they’ve arrested a part-time Lyons Township High School staff member on child pornography charges. Nathan Arger, 32, of La Grange Park was arrested Thursday after federal agents found images of child pornography on a computer at his home, authorities said.
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Davis distances himself from Jackson Jr. on remap
Democratic Congressman Danny Davis backed away on Friday from statements made by his colleague Rep. Jesse Jackson Jr. that he wouldn’t help defend the state’s new congressional map being challenged in court by Republicans. Davis said he had yet to decide whether he would kick in $10,000, as Illinois’ Democratic members of Congress were asked to do, to help pay to fight the legal challenge of a...
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Colorado officials ask hunters to help find Chicago hiker
Colorado wildlife officials have asked hunters and hikers to help them discover the fate of a Chicago man who has been missing since last fall, hoping someone will find clues that will give the family closure. Officials said James Nelson, 31, was dropped off at the Fall Creek trailhead on Oct. 3 at the start of a 25-mile hike into some of Colorado’s most challenging terrain. His fiancée planned...
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Felony Lane Gang still targeting Naperville
A string of “smash and grab” vehicle burglaries in Naperville Park District parking lots has been linked to a Florida-based crime group that has targeted the city since 2010, authorities said. Naperville police Friday said more than 60 vehicle burglaries that have been committed since last August appear to be the work of the Felony Lane Gang.
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Palestinians cheer U.N. bid
Late Friday, the Israeli military said it had gone on high alert for what it called an imminent Hamas attack along its border with Egypt.
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Wheaton man’s condition serious after driving into Warrenville pond
A 31-year-old Wheaton man was in serious condition Friday after driving his car off I-88 and into a water retention pond in Warrenville, authorities said. The man was slumped over the wheel and unresponsive when Warrenville police arrived at the scene about 11 a.m., shortly after the car ran off the tollway and into the pond, said Illinois State Police Trooper Michelle Kistulinec.
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3 years for motorcycle theft in Kaneville
Denis Walsh, 24, of Maple Park, is sentenced to three years in prison for a string of vehicle burglaries in 2010 in Kaneville.
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Coroner’s bid to dismiss misconduct charges fails, trial likely
A Kane County judge rules that the state's coroner statute is not unconstituationally vague, which preserves the misconduct charges against Coroner Chuck West. He faces up to five years in prison if convicted of taking the television of a dead Carpentersville man in 2007.
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Falling satellite defies expectations
“It just doesn’t want to come down,” said Jonathan McDowell of the Harvard-Smithsonian Center for Astrophysics.
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Feinstein sues bank to find missing campaign cash
According to her complaint, Feinstein’s Senate campaign account received statements saying she had $2.5 million in the bank at the end of July. In reality, there was only $356,250 in the accounts.
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Boy, 10, escapes clash with mountain lion
A 10-year-old Idaho boy who came face-to-face with a mountain lion in rural Boise County escaped with minor scratches.
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Police reports
A 53-foot trailer was stolen from Leggett and Platt, 524 Kingsland Drive, it was reported at 9:15 a.m. Thursday.
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Hawk Hustle 5K to raise money for athletics
Celebrate Hoffman Estates High School's 2011 homecoming by participating in the school's inaugural Hawk Homecoming Hustle 5K walk/run on Sunday, Sept. 25. Money raised will support the athletics.
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Farm Heritage Festival celebrates Lake’s agricultural past
Lake County’s rural roots will be celebrated at the 19th Annual Farm Heritage Festival from 9 a.m. to 4 p.m. Saturday and Sunday, Sept. 24 and 25, at Lakewood Forest Preserve near Wauconda.
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Arlington Hts. chef treats students with school-grown veggies
Parents of Windsor Elementary students face a challenge: Now that their kids have elevated their palates, can they fix veggies like a chef does? An Arlington Heights chef took the bounty from the students’ own garden and whipped up a tasting menul.
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Images: Behind the scenes at Kuipers Family Farm
A behind-the-scenes look at Kuipers Family Farm in Maple Park during their peak season - the apple harvest. See exactly how they make all that delicious apple cider for the fall weekend crowds.
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Northwest suburban police blotter
During the most recent Rolling Meadows special traffic enforcement campaign, officers made two suspended or revoked driving arrests, six noninsured motorist citations, 19 seat belt citations, 11 speeding citations and 34 other traffic-related violations.
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Sentencing postponed for convicted Rosemont man
Sentencing for a Rosemont man convicted of assaulting a girl over a period of about seven years has been postponed until Oct. 14.
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Naperville police looking for man who exposed himself to girls
Napervile police are looking for a man who exposed himself to a bunch of girls near 95th Street and Long Acre Drive.
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Ex-city worker accused of stealing from Wood River
The alleged theft of nearly $143,000 by a southwestern Illinois city’s former assistant finance director eluded yearly audits by outside accounting firms and surfaced only after she made an unrelated bookkeeping gaffe, officials said.
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Libertyville road work question may go to voters
Libertyville Mayor Terry Weppler says he wants to ask voters whether they want the village to issue bonds for road work that has been deferred to keep the budget balanced. "Everybody agrees our streets aren't in great shape but we don't have the money to do that right now," Weppler said Thursday.
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Replicas of Columbus sailing ships dock in Peoria
PEORIA — Replicas of the Nina and the Pinta, two of explorer Christopher Columbus’ sailing ships, have docked in Peoria and are open for public viewing.The Journal-Star in Peoria reports (http://bit.ly/oTxGXl ) the ships are on a yearlong journey that takes them from the Gulf Coast to the East Coast to the Great Lakes.
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Bedbugs trouble Urbana public housing complex
URBANA — Residents of an Urbana public housing complex say authorities aren’t doing enough to address an infestation of bedbugs.The News-Gazette in Champaign reports (http://bit.ly/mUPTUg ) residents told housing officials they want a one-time extermination. They say treatment of the problem has been haphazard.
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Ill. powerbroker trial on track to start soon
The trial of a one-time fundraiser for ousted Gov. Rod Blagojevich remains on track to start soon despite a possible scheduling conflict with Blagojevich’s own sentencing.
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Barrington man makes gift to University of Illinois
A Barrington man’s gift to the University of Illinois was among 16 for more than $18 million that were announced Friday in a news release regarding the school foundation’s 76th annual meeting.
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Bassi to step down from county board in 2012
Veteran Lake County Board member Anne Flanigan Bassi won’t seek re-election in 2012, she announced in an email to her peers. Bassi, a Highland Park Democrat, has served on the board since 2002. She said it’s time to “let someone else have a turn” representing the 23rd District.
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Business owner to run for Lake County Board District 3 seat
Tom Weber, a small-business owner from Lake Villa, is the third candidate to announce he will seek the Republican nomination for Lake County Board District 3 in the March primary election. Weber, who said he has been part of the community since spending his early years living at the Weber Duck Farm in Lake Villa, said he will be forward thinking, and work to eliminate senseless regulations and...
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BP plans full return to gulf drilling this year as output sags
BP Plc is preparing its rigs and workers to resume full drilling operations in the Gulf of Mexico, seeking to end a 17-month production slump following the worst U.S. oil spill.
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Prokhorov said to be removed from Kremlin commission
Mikhail Prokhorov, the Russian billionaire who owns the New Jersey Nets, was dismissed from a Kremlin commission on modernizing the economy, two people familiar with the decision said.
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Ponzi scheme defendant weinstein resists bid to revoke bail
U.S. prosecutors asked a federal judge to revoke the $10 million bail for Eliyahu Weinstein, a New Jersey man charged with leading a $200 million Ponzi scheme that targeted fellow Orthodox Jews.
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Netanyahu Says Abbas Must ‘Give Up Fantasy’ of Right to Return c.2011 Bloomberg News
Sept. 23 (Bloomberg) -- Israeli Prime Minister Benjamin Netanyahu says the Palestinians need to give “give up the fantasy” of “flooding” Israel’s borders with the return of Palestinian refugees.He spoke in New York at the United Nations General Assembly.To contact the editor responsible for this story: Flavia Krause-Jackson at fjacksonbloomberg.net
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Visa, MasterCard Risk ‘Mom and Pop’ Ire With Debit-Fee Increase c.2011 Bloomberg News
Sept. 23 (Bloomberg) -- Visa Inc. and MasterCard Inc., the world’s biggest payments networks, may face a merchant backlash by raising debit-card swipe fees on the smallest purchases to the maximum allowed under U.S. caps that take effect next week.
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Arraignment postponed in Woodridge murder
Prosecutors will delay the arraignment for a Woodridge man accused of beating his father to death with a weed trimmer pending results of a psychological evaluation. Yashesh Desai, 21, was indicted by a DuPage County grand jury earlier this month on five counts of first-degree murder.
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Illinois unemployment by metro area
Metropolitan Area August 2011 August 2010
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Des Plaines defers buying automated water meters
The Des Plaines city council this week deferred a decision on purchasing $160,000 in new water meters and automated meter reading equipment because some aldermen had concerns about the cost, switching from the current analog system and the choice of vendor.
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Palatine Fire Department holds annual open house Oct. 1
The Palatine Fire Department will host its annual open house Oct. 1. That Saturday will mark the 65th anniversary of the day volunteer firefighters Wesley R. Comfort Jr. and Leonard Nebel were killed in the line of duty when their fire engine was struck by a train.
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Go back in time at Schaumburg’s Autumn Harvest Festival
Nostalgia buffs will be transported back to the ‘80s and ‘90s — that is, the 1880s and 1790s — at this year’s Autumn Harvest Festival on Sunday, Oct. 2 at Spring Valley’s Volkening Heritage Farm in Schaumburg.
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Special recreation association names executive director
Rolling Meadows High School journalism teacher Stan Zoller, of Buffalo Grove, was named one of four Distinguished Advisers in the Dow Jones News Fund’s National Journalism Teacher of the Year competition.
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Elder abuse more common than we realize
“Man beats elderly mother.” The headline catches us a bit by surprise. Or maybe it doesn’t — violence has become such a part of our culture that even such family violence no longer is very surprising. Elder abuse is more common than most of us realize, our Ken Potts says.
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Wanted: minority parents for U-46 leadership program
Elgin Area School District U-46 is looking for parents to participate in its African-American Parent Leadership Institute or this year’s Hispanic Parent Leadership Institute
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Catch-and-release policy is law of the land in Huntley
If you find yourself fishing in any of the four retention ponds the village of Huntley owns, you had better unhook and toss back whatever you catch. It is now against the law to keep whatever you reel in from any of those ponds — two are in the Southwind subdivision, the other two in the Wing Pointe subdivision.
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Palestinians submit UN statehood bid
UNITED NATIONS — Defying U.S. and Israeli opposition, Palestinians asked the United Nations on Friday to accept them as a member state, sidestepping nearly two decades of troubled negotiations in the hope this dramatic move on the world stage would re-energize their quest for an independent homeland.
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Ex-judge gets 17 1/2 years in Pa. kickbacks case
SCRANTON, Pa. — A former county president judge who took part in a massive kickback scheme involving for-profit juvenile detention centers was sentenced Friday to 17 1/2 years in prison.Standing in a federal courtroom in Scranton, former Luzerne County Judge Michael Conahan, 59, apologized to the incarcerated youths, the legal community and the public.
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Lawyers seek details on Ohio executioner’s cancer
COLUMBUS, Ohio — The Ohio executioner known only as Team Member 17 has cancer, and a federal judge is allowing lawyers for a condemned inmate to seek details about his condition despite state concerns their request is merely meant to annoy and embarrass him.
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NTSB due to release early report on Reno air crash
RENO, Nev. — Federal investigators are expected to release a preliminary summary of their probe of a racing plane crash that killed 11 people in Reno and injured at least 80.A National Transportation Safety Board official says there won’t be any conclusions in the report due out Friday.
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Martin Luther King Jr. estate sues TV anchor to get documents
JACKSON, Miss. — The estate of the Rev. Martin Luther King Jr. has filed a federal lawsuit against a television news anchor in Mississippi claiming that he has documents taken from the slain civil rights leader by a former employee, the anchor’s mother.
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Missouri lawmakers repeal teacher-Facebook law
JEFFERSON CITY, Mo. — Missouri lawmakers have approved a revision to a contentious law that limits online discussion between teachers and students. The House voted Friday to send Gov. Jay Nixon a bill repealing a Missouri law that barred teachers from using websites that allow “exclusive access” with students, such as private messages on Facebook.
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11-month-old Wisconsin twins die after being left in bathtub
EAST TROY, Wis. — The police chief of a Wisconsin village says twin babies died after their mother left them unattended in a bathtub.
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Investigator picked in theft of Carbondale police chief’s gun
CARBONDALE — A prosecutor says the investigation into the theft of the Carbondale police chief’s gun will be led by the sheriff in Jackson County.Jackson County State’s Attorney Mike Wepsiec says media accounts about Chief Jody O’Guinn’s stolen gun have made it difficult if not impossible for Carbondale police to probe the matter without being second-guessed.
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Plan OK’d to distribute Indiana stage collapse donations
INDIANAPOLIS — The families of the seven people killed in the Indiana State Fair stage collapse will receive $35,000 each from a relief fund that collected donations for the victims.The Indiana State Fair Commission approved a distribution formula on Friday that would allocate smaller amounts to the more than 40 people injured in the Aug. 13 collapse.
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Grayslake D46 looks at cost-savings consultant
Grayslake Elementary District 46’s board president says he’s been looking into whether there are potential benefits in hiring a company specializing in reducing administrative expenses. Ray Millington said he recently met with representatives from Chicago-based National Cost Reduction Corp. National Cost Reduction works with businesses and nonprofit organizations.
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Demolition set for closed bridge over I-80/94
State officials expect demolition work to start in a couple of weeks on a bridge over Interstate 80/94 in northwestern Indiana that was closed last year because of safety concerns.
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Ex-city worker accused of stealing from downstate Wood River
WOOD RIVER, Ill. — The former assistant finance director of the southwestern Illinois city of Wood River is accused of embezzling nearly $143,000 from city accounts.Madison County prosecutors have charged 41-year-old Leslie Dona with theft of over $100,000, money laundering and official misconduct.
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Downstate man convicted in beating death of toddler
LINCOLN, Ill. — A Logan County jury has found a 40-year-old Lincoln man guilty of first-degree murder in the beating death of his girlfriend’s 2-year-old son.The (Bloomington) Pantagraph reports that the jury deliberated about 10 hours before convicting Ty Cline on Thursday.
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Sentencing awaits Army veteran in bogus-bomb case
EAST ST. LOUIS, Ill. — An explosives-trained Army veteran who last year strapped a fake bomb to his body and held police at bay for seven hours is scheduled to be sentenced.Fifty-two-year-old Roman Conaway of Fairview Heights pleaded guilty in April to federal charges of making false threats to detonate an explosive device and of influencing a federal official by threat.
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Some 2,000 at concert for missing Indiana student
BLOOMINGTON, Ind. — An estimated 2,000 people gathered in a steady rain for an awareness concert dedicated to an Indiana University student missing since June.The concert Thursday night at Dunn Meadow on the Bloomington campus included pleas from Hoosiers basketball coach Tom Crean and others for information about what happened to 20-year-old Lauren Spierer.
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Indiana secretary of state wants fraud charges dismissed
NOBLESVILLE, Ind. — Indiana Secretary of State Charlie White wants a judge to dismiss the vote fraud charges he faces, arguing the special prosecutors on the case committed errors.
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Indiana legislative leaders back ballot law reversal
INDIANAPOLIS — The top leaders in Indiana’s Legislature support reversing a new law stripping the names of unopposed candidates from local election ballots.The law that took effect in July has drawn complaints from candidates and election officials around the state who argue all elected offices should appear on voting ballots regardless of the number of candidates.
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Indiana man dies before trial on boy’s teeth pulling
MADISON, Ind. — A southern Indiana man charged with using pliers to pull two teeth from the mouth of a 2-year-old boy has died while awaiting trial.
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DOD confirms death of Wisconsin soldier
DARLINGTON, Wis. — The U.S. Department of Defense says a soldier from Wisconsin was one of two men killed when insurgents attacked their unit in Kandahar province, Afghanistan Wednesday.
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Wheaton to participate in Nickelodeon’s Worldwide Day of Play
Wheaton Park District is teaming up with a household name — at least in many households with preschoolers — in its effort to defeat childhood obesity. As part of Nickelodeon’s eighth annual Worldwide Day of Play, the park district will offer special activities Sept. 24 designed to encourage children and their families to get off the couch and move around.
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Lake Zurich Girl Scout earns Gold Award
Lake Zurich resident Bianca Stodden was among 27 Girl Scouts in northern Illinois who earned the Girl Scout Gold Award in 2011.
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Glen Ellyn’s Tavern Day brings history to today
Members of the Glen Ellyn Historical Society have been organizing annual Tavern Day celebrations over the past two decades - complete with activities such as log sawing and rope making - as a way to bring the past to the present. This year’s event is scheduled from 1 to 4:30 p.m. on Sunday. “Tavern Day is a chance for people to get a little glimpse of what life was like 150 years...
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Sounding off on “don’t ask, don’t tell”
The Sept. 23 Suburban Political Recount.
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Strauss-Kahn to face Fench accuser in attempted rape probe
Dominique Strauss-Kahn will be questioned by police alongside the French writer who has accused him of attempted rape, the Paris prosecutors’ office said today.
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Zambia opposition’s ‘King Cobra’ wins presidential election
Michael Sata, the Zambian opposition leader nicknamed “King Cobra,” won election as president after a campaign in which he promised to spread the wealth of Africa’s top copper producer.
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Saleh calls for Yemen truce as rallies, violence mark his return
President Ali Abdullah Saleh called for a truce as he returned to Yemen today after more than three months abroad, amid fighting between government troops and opposition forces demanding his ouster.
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Zambian president Rupiah Banda concedes defeat in election
Zambian President Rupiah Banda conceded election defeat to opposition leader Michael Sata, saying “the people have spoken.”“We must all face the reality that sometimes it is time to change,” the 74-year-old Banda said in a nationally broadcast address from Lusaka, the capital. “It’s time for me to step aside, my time is done.”
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Chicago Public Schools say 200 jobs eliminated
The Chicago Public Schools has announced the elimination of 200 positions in the chief education office, which will result in a savings of $16 million.
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Chicago seeking payment of suburban water bills
The city of Chicago is seeking $15 million from four suburbs it supplies with water.The Chicago Sun-Times (http://bit.ly/pZcj7O ) reports Water Management Commissioner Tom Powers met Thursday with Dolton officials to iron out a payment plan. Similar talks are under way with the other suburban scofflaws — Harvey, Robbins and Maywood.
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Ill. superintendents won’t appeal ruling on salary
SPRINGFIELD — The state’s regional school superintendents said Thursday they won’t appeal a court ruling upholding Gov. Pat Quinn’s decision to cut off their salaries, choosing instead to fight for the money in the General Assembly.
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6 officers, dispatcher accused in misconduct sweep
EAST ST. LOUIS, — Six police officers and a dispatcher in southwestern Illinois face corruption charges ranging from wrongly collecting unemployment benefits to stealing bullet-resistant vests, tipping off a fugitive that his arrest was imminent and receiving sexual favors during a traffic stop.
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Ill. woman admits stealing from pediatrics office
EAST ST. LOUIS) — A southwestern Illinois woman faces up to 20 years in prison now that she’s admitted embezzling nearly $1 million from a pediatrics office she had managed.Seventy-year-old Flora Buckingham of Granite City pleaded guilty to mail fraud Wednesday in U.S. District Court in East St. Louis.
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Ind. Caterpillar plant recalls laid-off workers
LAFAYETTE, Ind. — Caterpillar Inc. has recalled many of the 400 workers it laid off from a central Indiana engine plant and is starting to hire more people.
Sports
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Willowbrook falls to Proviso East
Willowbrook fell to Proviso East 48-6 on its homecoming.
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Friday’s girls volleyball scoreboard
High school varsity results from Friday's girls volleyball matches, as reported to the Daily Herald.
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Friday’s girls tennis scoreboard
High school varsity results from Friday's girls tennis meets, as reported to the Daily Herald.
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Friday’s girls golf scoreboard
High school varsity results from Friday's girls golf meets, as reported to the Daily Herald.
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Friday’s boys soccer scoreboard
High school varsity results of Friday's boys soccer matches, as reported to the Daily Herald.
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Friday’s boys golf scoreboard
High school varsity results from Friday's boys golf meets, as reported to the Daily Herald.
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Proviso East rolls Willowbrook
Proviso East started fast and finished fast. The Pirates scored at the beginning and end of each half on their way to a 48-6 triumph over host Willowbrook on Friday night.
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Wheaton Academy overcomes Chicago Christian
Drew Decker and Matt Lindsay connected for 2 touchdown passes as Wheaton Academy earned its first victory of the season, 41-14 against Chicago Christian in Wheaton.
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Batavia bests St. Charles E.
After a ragged, but competitive first half, Batavia flexed its superior muscle to the delight of the capacity Homecoming crowd and pulled away for a 43-7 Upstate Eight River Division victory over St. Charles East.
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Marmion holds off Immaculate C.
When the smoke cleared and the final gun sounded at Fichtel Field, Marmion had outlasted Immaculate Conception 28-20.
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St. Francis roars back against Guerin
St. Francis rushed for 339 yards in the first half of a 58-19 Homecoming victory against Guerin on Friday night.
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Lisle celebrates first win of season
Lisle scored 26 unanswered points to celebrate Homecoming with its first victory of the season, 26-8 against Dwight.
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Kaneland hammers Rochelle
Rochelle decided to defer after winning the coin toss Friday night. It took the Knights all of a minute and 40 seconds to drive 68 yards in 5 plays for their first touchdown, the start of a 35-14 victory in a showdown of unbeaten, state-ranked teams that quickly became another one-sided night for the Knights.
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Geneva rolls St. Charles N.
When the lights were on, Geneva rolled to the tune of 54-7 over St. Charles North, setting the stage for a conference showdown between two unbeaten teams next Friday when Batavia visits Geneva.
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Wheaton North defeats Glenbard East
Quarterback John Peltz ran for 4 touchdowns and threw for 1 in Wheaton North's 56-12 homecoming victory against Glenbard East.
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No stopping Rolling Meadows
Rolling Meadows rolled to its fourth win 41-0 over Wheeling.
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It’s all Waubonsie Valley against Metea Valley
AThose expecting another close football game between Waubonsie Valley and Metea Valley were deeply disappointed. Waubonsie scored 48 points off turnovers and a blocked punt, beating host Metea 51-0 in Friday’s Upstate Eight Conference Valley Division outing in Aurora.
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Notre Dame’s intensity sinks Viator
Many St. Viator football fans showed up wearing Santa Claus hats because school officials tabbed the theme as “Christmas” for Friday’s game against Notre Dame. Unfortunately for the Lions, the Dons played the role of the Scrooge at the Forest View Educational Center. Notre Dame used several big runs and passes to reach the end zone nine times and it added a safety in a 57-21 East Suburban Catholic Conference triumph.
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Glenbard North escapes West Aurora
Glenbard North remained undefeated with a 31-21 victory Friday against a tough West Aurora team.
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Elk Grove hangs on at Blaney Stadium
Elk Grove sophomore quarterback Adam O’Malley might have had a few butterflies prior to facing Buffalo Grove on Friday night at newly dedicated Grant Blaney Stadium. If he did, he sure didn’t show any nerves once the game started. O’Malley, called up to varsity and pressed into service due to injuries to starter Dejan Basara and backup Dylan Edwards, led the Grenadiers to a hard-fought 17-10 Mid-Suburban East football victory.
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Prospect picks off a victory at Hersey
A couple of guys named Sam and a very picky defense spelled victory for Prospect on Friday in its Mid-Suburban League East football opener at Hersey’s Roland Goins Stadium. Quarterback Sam Frasco (26 carries for 128 yards and 2 touchdowns) and running back Sam Mazukelli (18 carries, 117 yards, 1 score) accounted for all of Prospect’s offensive touchdowns in a 35-20 win over the host Huskies.
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Fenton cruises past St. Francis de Sales
Sean Havlovic and Alan Geneva combined for 4 touchdowns in Fenton's 56-6 victory against St. Francis de Sales on Friday in Bensenville.
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Elk Grove keeps believing
It would have been easy for Elk Grove to use some of its top football players wearing slings as a crutch. Oh, a pair of those was being used on the sideline Friday night, too. And the Grenadiers appeared to be in a world of hurt on the field midway through the first half at Buffalo Grove. The Bison scored the first 10 points and seemed intent on making sure they added to the festive atmosphere of the field dedication ceremony for legendary coach Grant Blaney and the reunion of his undefeated 1986 state championship team. Everything seemed stacked against the Grenadiers, who had three-phase standout Dejan Basara on the sideline with a broken collarbone and five new defensive starters on the field. But they hung in and then dug back into the Mid-Suburban East opener.
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Fremd’s ‘D’ ends Conant’s perfect start
Fremd safety Keith Browning swatted away a late fourth-down scoring attempt by Conant as the visiting Vikings earned a 24-20 victory in Hoffman Estates on Friday.
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Neuqua Valley holds off South Elgin
Neuqua Valley ground out a 35-21 victory against South Elgin on Friday night in Naperville.
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Rookie Saad scoring big points among Blackhawks brass
Viktor Stalberg scored 2 goals and rookie Brandon Saad was impressive again in the Blackhawks' 3-2 preseason win over the Washington Capitals on Friday at the United Center.
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Montini bounces back against Aurora Christian
Montini scored touchdowns on its first seven possessions, rolling up a 48-7 halftime lead en route to a 55-14 rout of previously unbeaten Aurora Christian on Friday in Lombard.
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Addison Trail blasts Morton
A stingy defense and a late arriving offense propelled host Addison Trail to 35-0 West Suburban Gold football victory over Morton.
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Johnson, Warren jubilant after win
In a span of only 55 seconds, Warren's Erik Johnson pressured Zion quarterback Alex Pasiewicz into an incomplete pass and recovered a fumbled that he and teammate Matt Miller forced; Johnson carried it in for a touchdown. Johnson then followed up with an interception that turned into another Warren touchdown and a 28-0 lead four plays later. Johnson’s efforts combined with a season-best effort from junior quarterback Adam Reuss, lifted Warren to its first win of the year, 48-6.
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Stevenson shuts out Libertyville
Stevenson cornerback Matt Morrissey made some key plays in Stevenson’s 13-0 North Suburban Conference Lake Division victory over Libertyville. “Our entire defense played well,” Stevenson coach Bill McNamara said. “We have a really good mixture of size and speed on defense and we just didn’t give up any big plays tonight.”
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Grayslake North’s air show grounds Hampshire
Grayslake North’s “Out of This World” homecoming theme proved prophetic Friday night. With the world waiting for a 6-ton NASA satellite to crash from the sky, A.J. Fish put on his own air show. The shining Knight threw for school records of 417 yards and 5 touchdowns on 23-of-31 passing, and also rushed for 85 yards and 2 scores, leading Grayslake North to a 49-22 win over Fox Valley Conference-newcomer Hampshire.
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CL South rolls over McHenry
It’s definitely not a secret that Crystal Lake South’s football trademark is its defense. Heck, it’s the name of the game for the Gators, who have given up 19 points in 4 games.
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Smith strikes quickly as Antioch tops Wauconda
Stephen Smith made himself feel at home awfully quickly on a homecoming Friday night in Antioch. The Sequoits senior defensive back picked off one the best quarterbacks in the area, Brandon Rowe of Wauconda, and recovered a fumble. All in the first quarter. The rest of the defense and special teams led Antioch past visiting Wauconda 28-12 in a North Suburban Prairie contest as the Sequoits remained unbeaten.
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Huntley gains first win
Ethan Connor didn’t expect to be Huntley’s workhorse Friday night. But when Jordan Hyatt went down with a knee injury on the game’s second play, the Red Raider tailback took on a bigger workload. He made the most of the opportunity, running for 139 yards and 4 touchdowns as the Red Raiders downed Dundee-Crown, 33-14, in Fox Valley Valley action in Carpentersville.
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Till finds Lynn, and LZ goes on to win
Lake Zurich senior linebacker Jack Lynn, a future Gopher, was a go-to guy on Friday night — on offense. The 6-foot-3, 215-pound Lynn, bound for more success at Minnesota, caught a pair of first-half touchdown passes from classmate Zach Till in the Bears’ 41-7 defeat of host Mundelein.
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Richmond denies Burlington Central by 1 yard
The Burlington Central Rockets experienced pure elation and utter disappointment within a 2-play span in a stunning 9-7 loss to Richmond-Burton on Rocket Hill Friday.
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WW South responds, knocks off Naperville Central
The last must-win situation faced by Wheaton Warrenville South’s football team came in last season’s Class 7A state title game. While Friday’s DuPage Valley Conference matchup against visiting Naperville Central didn’t have near the same importance, it had a familiar sense of urgency.
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Kuksa comes through as Palatine hangs on
Following Palatine’s thrilling 22-19 Mid-Suburban West win over Schaumburg at Gary Scholz Field on Friday, Palatine coach Tyler Donnelly spoke about a certain player producing under pressure. Donnelly tossed the game ball to junior Cam Kuksa, who rushed nine times for 106 yards and scored the second Palatine touchdown, which at the time gave the Pirates (4-1, 1-0) a 15-12 lead with 11:17 left in the fourth quarter. His 31-yard run keyed the 63-yard drive. Kuksa finished with 136 yards in 10 tries.
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Bartlett bounces back with big win
After watching quarterback AJ Bilyeu get picked off five times in last week’s 35-13 loss against Batavia, the Bartlett defense was eager to return the favor to an opposing team.
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Gehr-Stacho combination helps Naperville North roll
Behind 230 passing yards from Tyler Gehr and 175 receiving yards from Matt Stacho, Naperville North jumped out to an early lead and never looked back during a 45-7 Homecoming victory over West Chicago on Friday night.
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Ozzie tired of discussing his future with White Sox
White Sox manager Ozzie Guillen said he's still prepared to either return to the White Sox next year or exit at the end of this season. As for a contract extension, Guillen said it never hurts to ask.
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Saad takes advantage of third opportunity
Even though he remains a long shot to make the team, Blackhawks rookie left wing Brandon Saad got a chance to play in a third straight exhibition game Friday.
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Cubs continue to play the spoiler
Starlin Castro reached and surpassed the 200-hits mark Friday night as the Cubs beat the St. Louis Cardinals 5-1 at Busch Stadium. The Cubs also played the role of spoiler, as their victory and the Brewers' victory lifted Milwaukee to the NL Central title, elminating the Cardinals in the division.
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Wayzata hangs on against Carmel
The Wayzata (Minn.) Trojans and Carmel Catholic Corsairs battled back and forth through Friday night’s nonconference contest in Dubuque, Iowa, with Wayzata coming out on top 33-27.
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Jacobs knocks off Cary-Grove to move to 5-0
In a little over a year, Bill Mitz has certainly turned Jacobs into a winning football program. The next step for the Golden Eagles is to reach the upper echelon of the Fox Valley Conference. Jacobs took a giant step in achieving that goal with an impressive 28-20 win over Cary-Grove in Fox Valley Conference Valley Division action in Algonquin Friday night.
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Two-point try sails as Lakes prevails
After closing within 7-6 on a 10-yard touchdown pass, host Vernon Hills went for the 2-point conversion. They had the right play called, but when quarterback Steve Nelson rolled right, his pass sailed over the head of 6-foot-3 receiver Jarrett Wood. Lakes recovered the ensuing onside kick to clinch the narrow 7-6 victory in North Suburban Prairie action. The Eagles improved to 4-1 on the season, with a first-place showdown against Antioch looming next week.
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Streamwood moves to 5-0
Streamwood defensive back Deji Giwa had not recorded an interception all season. Never forced a fumble either. The junior managed to check both off his list during a span in which Streamwood scored 21 points in 44 seconds.
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Glenbard South wins Metro Suburban opener
Glenbard South scored 21 points in the fourth quarter to win the first Metro Suburban Conference game in school history, 35-21 against Elmwood Park.
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Harper travels to Iowa Western
The Harper College football team looks to bounce back today from last week’s 20-0 loss to Iowa Central — but it won’t be easy. The Hawks travel to No. 5 Iowa Western for 1 p.m. kickoff. Iowa Western (4-0) is coming off of a 52-7 victory over College of DuPage last week.
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St. Edward inches closer to playoffs
Calling a game in the fifth week a must-win might be a bit of an exaggeration, but that was the way the St. Edward football team felt Friday night. And the Green Wave did just that, beating Walther Lutheran 49-21 to move to 4-1 on the season.
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Images: Elk Grove vs. Buffalo Grove football
The 3-1 Elk Grove Grenadiers took on the 1-3 Buffalo Grove Bison in Buffalo Grove on Friday night.
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Healthier Bartlett too much for Lisle
Bartlett's boys soccer team is finally finding its form after dealing with several injuries from the onset of the season as it nears full strength. Senior Ramiro Arroyo struck twice, and dynamic play from Fabio Aiello and Anthony DiNuzzo proved too much for Lisle as Bartlett (6-4-1) defeated the reigning Class 1A state champs 3-0 in first-round play at the Glenbrook North Invite.
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Sox GM Williams can see payroll shrinking in 2012
As the White Sox play out the season, general manager Kenny Williams is not worried about keeping his job. Instead, Williams is looking forward to getting the Sox' ship righted for 2012.
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Palatine rises past Schurz
Palatine’s boys soccer team had encountered some choppy waters of late. The rough ride was only compounded by the Pirates’ sudden lack of scoring. alatine had produced just a few scant goals in its previous four matches, resulting in 3 losses during that span to all but end its hopes for a Mid-Suburban West title this fall. But perhaps there are calmer water ahead. Friday afternoon, the Pirates (9-5-0) erupted for 3 second-half goals to defeat Schurz (4-2-4) of the Chicago Public League 3-0 in the opening round of the Glebrook North Invite at Techny Park in Northbrook.
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Cubs beat Cards 5-1, give NL Central to Brewers
Alfonso Soriano dealt the St. Louis’ wild-card hopes another serious blow with his first home run of the month, a tiebreaking three-run shot in the eighth inning that sent the Chicago Cubs over the Cardinals 5-1 Friday night.
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Images: Waubonsie Valley vs. Metea Valley football
Metea Valley High School hosts Waubonsie Valley High School in Friday night football.
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Images: Hampshire vs. Grayslake North football
The Grayslake North Knights host the Hampshire Whip-Purs for their Friday night homecoming football game September 23.
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Images: Walther Lutheran at St. Edward football
Walther Lutheran vs St. Edward High School football in Elgin Friday night.
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Images: Geneva at St. Charles North football
Geneva vs St. Charles North High School football in St. Charles Friday night.
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Chen, Royals too tough for Sox again
Bruce Chen allowed two hits in eight innings and the Kansas Royals backed him with four home runs Friday night in an 11-1 romp over the White Sox.
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Bears confident in Steltz, Merriweather
With starters Chris Harris and Major Wright still battling back from injuries, the Bears might be forced to start their third different safety tandem on Sunday, and Craig Steltz could get his first start in nearly two years.
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College football: Illinois scouting report
No. 24 Illinois shoots for its first 4-0 start since 1951 as the Illini host Western Michigan (2-1) at 2:30 p.m. Saturday. FYI: The Illini finished the 1951 season 9-0-1 and finished No. 4 in the AP poll.
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Big Ten volleyball holds court
women's watch on power of big ten in volleyball...catchings winning MVP award
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College football: Notre Dame scouting report
Notre Dame aims to maintain its momentum with Saturday's trip to Pittsburgh. If you're wondering where senior WR Michael Floyd might finish among college football's all-time greats, then get inside.
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Notre Dame WR Jones has come an awfully long way
SOUTH BEND, Ind. — Through three games, TJ Jones has proved himself as a legitimate No. 2 receiver for Notre Dame, opposite Michael Floyd. He’s not just the player who coach Brian Kelly blasted for a mistake in the season opener.Jones, who has 2 touchdowns and 126 yards receiving, has worked his way up the depth chart with the Fighting Irish, but his biggest challenge came off the field while he was getting ready for his sophomore season.In June, Jones’ father Andre, who played football at Notre Dame, died at age 42 as a result of a brain aneurysm. Jones no longer needed to just step up on the field, he needed solidify his family life.“His mom needed his help, and he needed to be really a rock for the family, so he moved on,” Kelly said this week as the Irish prepared to take on Pitt today.With five siblings, four younger than him, Jones was forced to fill the hole left in his family after his father’s death.“I’ve become the man of the house, so my problems don’t really matter to me anymore,” Jones said. “It’s more helping my family out.”On campus for summer workouts, Jones flew home to Atlanta after hearing his father was sick. One week later, Jones returned to South Bend at the urging of his mother.“It was very hard to leave, because I definitely wanted to stay there and help my mom and family through the time,” he said, “but after about a week of being there my mom told me she wanted me to get back and finish summer school classes strong and get ready for the season because I needed to set an example for my younger siblings.”That example started with a pregame ceremony honoring his father before the South Florida game. Andre Jones played outside linebacker at Notre Dame from 1987-1990 under coach Lou Holtz. He was a starter on the 1988 national championship team.“It was real hard. Seeing my mom out there for the first time in six weeks and she was crying so that made me more emotional,” Jones said of the ceremony. “It definitely just hit home that he wasn’t going to be standing there in the tunnel when I came out this year.”Jones said he struggled moving on, but his play on the field hasn’t reflected it. In fact, Kelly said Jones has become more accountable on the field.“He’s not a freshman anymore. Last year there would be times where he would just act like a freshman,” Kelly said. “He’s a lot more mature in the way he handles himself. I think the biggest thing is he plays really fast now. He’s a pretty tough matchup guy.”Jones no longer lets the little mistakes get to him.In the South Florida game, a pass from Rees hit Jones in the helmet. Jones wasn’t looking for the ball. Kelly was caught by television cameras yelling at the young receiver, but Jones said he understood that he needed to learn from the play and move on.“With everything that’s happened, it’s put a lot of things in perspective for me,” Jones said. “A lot of the little things I used to let get to me, I realized this year don’t matter. I’ve seen the bigger picture and that’s what I focus on now and push myself working towards.”Jones calls home several times a week to talk to his mother, brothers and sisters. He’s there to help his brother playing high school football and his mother raising a family of five at home.“I just think to myself every day that I’ve got six other people at home that are counting on me,” Jones said. “So every day I’ve got to push myself that much harder to make sure that I make it not for myself, but also for my family. I know they’re counting on me.”
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Prep sports primer: BG honors coach
A look at the top prep sports stories of the weekend from an emotional ceremony at Buffalo Grove's stadium to how multi-talented kickers are helping their football teams thrive to a look at Marmion's special soccer season.
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Lockout's effect: NBA postpones camps, cancels preseason games
The NBA postponed training camps indefinitely and canceled 43 preseason games Friday because it has not reached a new labor deal with players. All games from Oct. 9-15 are off, the league said. Camps were expected to open Oct. 3.
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McMillen returning to coach Rush in 2012
Bob McMillen will return as head coach for the Chicago Rush arena football team in 2012, team officials announced Friday. McMillen, a Naperville resident, was runner-up the AFL’s Coach of the Year award last season as he guided the team into the playoffs.
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College football preview: Cal-Poly at Northern Illinois
After averaging 45.5 points in its first two games against Army and Kansas, Northern Illinois’ vaunted offense was shut down cold in last week’s 49-7 loss to Wisconsin at Soldier Field. Saturday's opponent, Cal-Poly, offers the chance to build some momentum at home, where NIU has won 10 straight games.
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Your Turn: Do the Bears have a chance on Sunday?
Our Bears expert, Bob LeGere, and columnist Barry Rozner already have weighed in on what they believe needs to happen for the Bears to beat the rival Green Bay Packers on Sunday. Now it's time for Your Turn, a daily online question that asks our readers to share their opinions with us. Here it is: Do you think the Bears have any chance to upset the Packers on Sunday? Explain.
Business
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Nike Surges After Raising its Revenue Forecast for 2012 (2) c.2011 Bloomberg News (Updates with closing share price in second paragraph.)
Sept. 23 (Bloomberg) -- Nike Inc., the world’s largest sporting-goods maker, rose the most in a month after profit topped analysts’ estimates and it raised a sales forecast as North American demand strengthened.Nike jumped $4.46, or 5.3 percent, to $88.64 at 4:03 p.m. in New York Stock Exchange composite trading, the biggest gain since Aug. 23. The shares have climbed 3.8 percent this year.Net income in the quarter ended Aug. 31 rose 15 percent to $645 million, or $1.36 a share, from $559 million, or $1.14, a year earlier, the Beaverton, Oregon-based company said yesterday in a statement. Earnings topped the $1.21 a share projected by analysts, the average of 18 estimates. Nike’s profit has surpassed analysts’ projections in 20 of the past 21 quarters.Chief Executive Officer Mark Parker has been trying to overcome rising costs for raw materials and transporting goods by cutting operating expenses. Nike’s gross margin, the percentage of sales left after the cost of goods sold, narrowed by 2.7 percentage points, less than the company’s projection for a 3 percentage point decline.“This is a fantastic quarter,” Camilo Lyon, an analyst for Canaccord Genuity Corp. in New York, said yesterday. “Nike understands how to reach the consumer with relevant product, and this is further evidence of that.”Lyon has a “hold” rating on Nike shares.Orders RiseRevenue this fiscal year will increase in the low- to mid- teen percentage range, Chief Financial Officer Don Blair said yesterday on a conference call with analysts. The company forecast high-single to low-double digits in June.Gross margin for the quarter fell less than forecast as Nike’s direct-to-consumer unit performed better than expected with same-store sales increasing 17 percent, Blair said on the call. Gross margins may narrow as much as 2 percentage points in the second quarter before improving in the second half of the fiscal year, he said.Orders for the Nike brand scheduled for delivery from September to January increased 13 percent, excluding currency fluctuations, according to the statement. That topped the average of six analysts’ estimates compiled by Bloomberg for a gain of 9.8 percent.First-quarter revenue rose 18 percent to $6.08 billion. Analysts projected $5.75 billion, the average of 16 estimates. Sales in North America advanced 16 percent to $2.2 billion. Revenue from Nike brand apparel also gained 16 percent to $1.59 billion, or 30 percent of the brand’s total sales.“They are the 800-pound gorilla in athletic footwear, and if they can become that in apparel, that’s a significant market opportunity for them,” Matt Arnold, an analyst at Edward Jones & Co. in Des Peres, Missouri, said yesterday in a phone interview. Arnold recommends buying Nike shares.--Editors: Kevin Orland, James CallanTo contact the reporter on this story: Matt Townsend in New York at mtownsend9bloomberg.netTo contact the editor responsible for this story: Robin Ajello at rajellobloomberg.net
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California compromises on Internet taxes
Gov. Jerry Brown signed legislation Friday that postpones new sales taxes rules that would have affected online purchases in California.
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Chicago tower year’s largest municipal default
A housing development for retirees in Chicago with about $229 million of long-term debt became the largest municipal bond default this year when it missed a Sept. 1 payment after occupancy failed to meet expectations.
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Solyndra leaders won’t testify
Top executives from a bankrupt California solar energy company declined to testify before a congressional hearing investigating their half-billion dollar government loan.
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Report: Boeing site picked for upper hand with unions
Boeing Co. decided to locate a 787 Dreamliner plant outside the Seattle area to gain the upper hand with employee unions, concluding that goal trumped the new site's higher risks and expenses, corporate documents show.
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GM's onstar unit alters privacy policy
General Motors Co.'s OnStar vehicle navigation service revised its customer-data policy in a way that appears to “violate basic principles of privacy and fairness,” two U.S. senators wrote in a letter to the company.
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G20 helps ease tensions in markets
A pledge to stabilize markets from the world's leading economies has done little to reassure investors Friday, a day after fears over the global economy had sent stocks skidding.
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News Corp. hacking victims to file S.S. suit against directors
News Corp. directors will be sued in the U.S. by victims of phone hacking by reporters at the News of the World tabloid, a lawyer said.
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Crude Oil Falls to Six-Week Low on Fears of Global Recession c.2011 Bloomberg News
Sept. 23 (Bloomberg) -- Oil sank to the lowest level in more than six weeks as a pledge by Group of 20 nations to tackle rising risks failed to ease concern the global economy is on the brink of another recession.Futures fell as much as 3.7 percent in New York, tumbling with other commodities and equities to extend yesterday’s 6.3 percent drop. Prices pared losses as equities and the euro trimmed declines amid speculation global central banks will take coordinated measures to prevent a financial crisis.“The last couple of days have been pretty wild and it looks like a lot of fears about the economy continue to weigh on the market,” said Gene McGillian, an analyst and broker at Tradition Energy in Stamford, Connecticut. “The only thing that’s stemmed it is the dollar has turned and suddenly gone negative.”Crude for November settlement fell 54 cents, or 0.7 percent, to $79.97 a barrel at 11:59 a.m. on the New York Mercantile Exchange. Earlier, it touched $77.55, the lowest price since Aug. 9. Futures are down 9.1 percent this week, headed for the biggest drop since the five days ended Aug. 5. Prices have fallen 12 percent this year.Brent for November delivery fell 45 cents, or 0.4 percent, to $105.04 a barrel on the London-based ICE Futures Europe exchange.The Standard & Poor’s 500 Index rose 0.5 percent to 1,134.68 after earlier declining as much as 0.7 percent. The Dow Jones Industrial Average gained 6.88 points to 10,740.71.European StocksThe benchmark Stoxx Europe 600 Index increased 0.6 percent to 216.19, recovering from a drop of as much as 2.6 percent.G-20 finance chiefs pledged to address risks to the global economy and pushed Europe to contain its sovereign debt crisis. Policy makers are “committed to a strong and coordinated international response to address the renewed challenges facing the global economy,” group finance ministers and central bank governors said in a statement late yesterday in Washington.“We had some cheap talk from the G-20,” said Jason Schenker, the president of Prestige Economics, an energy advisory company in Austin, Texas. “There were soothing words but no concrete action.”Implied volatility for at-the-money Nymex crude oil options expiring in November, a measure of expected price swings in futures and a gauge of options prices, surged to the highest level in six weeks for the contract nearest to expiration. Volatility increased to 49.2 percent at noon in New York from 48.5 percent yesterday, according to Bloomberg data.Central Bank“A lot of this stuff is self-correcting,” said Adam Sieminski, chief energy economist at Deutsche Bank AG in Washington. “Commodities have now come down quite a bit. Energy and metal prices are lower and that will put more money in consumers’ pockets. Eventually you will see this reflected in the economic data.”The European Central Bank may act to address risks to growth as soon as next month should economic data disappoint, Governing Council member Luc Coene said.Potential measures include the reintroduction of longer- term bank loans with maturities of 12 months or even longer, Coene, who heads Belgium’s central bank, said in an interview in Washington late yesterday.Asked if an interest-rate cut is warranted, Coene said while that wouldn’t help to bring down longer-term borrowing costs, “the ECB has never ruled out things beforehand.”Oil prices may fall next week, according to a Bloomberg News survey of analysts. Twenty-two of 40 respondents, or 55 percent, forecast oil will decline through Sept. 30, while nine, or 23 percent, predicted prices will increase. Nine estimated there will be little change. Last week, 45 percent of the surveyed analysts projected a drop.Fuel Demand
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Bofa leads lenders higher on asset sales, possible ecb action
Confidence in shipping fell to the lowest since at least May 2008, Moore Stephens said, citing its its own research into the industry.To contact the editor responsible for this story: Alaric Nightingale at anightingal1bloomberg.net
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Sealed air $790 million acquisition loan said to rise in trading
Sealed Air Corp.’s $790 million term loan B backing its purchase of Diversey Holdings Inc. rose in initial trading, according to information provider Markit Ltd.The seven-year debt, sold to investors at 98 cents on the dollar, began trading at 99.88 cents and rose to 100.38 cents, Markit said. Citigroup Inc., Bank of America Corp., BNP Paribas SA and Royal Bank of Scotland Group Plc arranged the loan with an interest rate of 3.75 percentage points more than the London interbank offered rate and a 1 percent floor on the lending benchmark, according to a person with knowledge of the deal who declined to be identified because the terms are private.To contact the reporter on this story: Michael Amato in New York at mamato3bloomberg.netTo contact the editor responsible for this story: Chapin Wright at cwright4bloomberg.net
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Air france said likely to name Juniac to succeed ceo Gourgeon
Air France-KLM Group will likely pick a high-ranking government official as Chief Executive Officer Pierre-Henri Gourgeon’s successor-in-waiting, defying its pilots’ backing for an internal candidate, two people with knowledge of the matter said.Gourgeon plans to name Alexandre de Juniac as a deputy CEO later this month before appointing him to take over as Air France brand chief in January, said one of the people, who declined to be identified discussing personnel appointments. Juniac, who served as former finance minister Christine Lagarde’s chief of staff, emerged as the preferred candidate at a Sept. 21 board meeting, the people said.Gourgeon, 65, had his contract renewed by shareholders in July and has said he plans to serve the full four-year term before handing over to a successor to be designated this year and appointed first as head of the Air France unit. Pilots’ representatives at the airline, in which the government owns a 15.7 percent stake, support the candidacy of Lionel Guerin, head of the company’s Transavia charter division, the people said.Air France spokeswoman Brigitte Barrand declined to comment on the succession plans. A spokeswoman for the airline’s main SNPL pilot union also declined to comment.Juniac, 48, has served as an advisor to Finance Minister Francois Baroin since Lagarde stepped down in June to head the International Monetary Fund. The company has said it plans to name managing directors for Air France and KLM next year as it pursues closer integration of the two carriers’ management.Juniac, cited as Gourgeon’s likely successor in French media reports since June, was backed by the board this week, Les Echos reported yesterday.
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United Technologies battles credit raters: corporate finance
United Technologies Corp. is betting it will raise $12 billion in debt to finance the largest takeover in the 77-year history of the maker of Pratt & Whitney jet engines without endangering its “sacrosanct” credit grade.Chief Financial Officer Greg Hayes told analysts on a conference call yesterday the Hartford, Connecticut-based company plans to borrow the money to pay for its $16.5 billion acquisition of Goodrich Corp., with most of the debt maturing within five years. United Technologies, rated the sixth highest level of investment grade, said Sept. 21 it may pay for about 25 percent of the purchase by selling stock.United Technologies is wagering it will be able to balance the interests of shareholders and fixed-income investors as it suspends stock repurchases and cuts back on further acquisitions to focus on repaying debt. While Moody’s Investors Service affirmed its A2 grade on the company, Standard & Poor’s assigned a “negative” outlook to its equivalent A rank and Fitch Ratings warned of a possible downgrade.“It’s a hallmark of United Technologies that they’ll never do anything which is damaging to either the shareholders or the bondholders,” Hitin Anand, an analyst at CreditSights Inc. in New York, said yesterday in a telephone interview. “Ratings agencies really give you a lot of credit if you use equity as a component of the financing and don’t put all the burden on the bondholders.”Ebitda ClimbsThe company’s ratio of debt to earnings before interest, taxes, depreciation and amortization may climb to about three times as a result of the acquisition, Moody’s analysts Russell Solomon and Michael Mulvaney wrote yesterday in a note to clients. That compares with 1.24 as of June 30, according to data compiled by Bloomberg. Halting share buybacks, limiting acquisitions and repaying debt should allow it cut leverage to two times within two years and avoid a downgrade, they wrote.“Keeping the credit rating, especially in times like these, I mean it is sacrosanct,” Hayes said during the conference call. “We knew that we had to do a little bit in terms of equity to hold the rating and we would have to suspend share buyback, but again, the deal makes sense even with the issuance of 25 percent equity.”United Technologies “worked very closely with the rating agencies” to ensure the structure of its acquisition will preserve its rankings, Hayes said.“The debt/equity split they outlined was an important starting point,” Russell Solomon, senior vice president of the corporate finance group at Moody’s in New York, said in a phone interview. “If the transaction was financed entirely with debt, it would almost certainly have resulted in a downgrade, potentially more than a notch.”John Moran, a United Technologies spokesman, declined to comment beyond Hayes’s statements on the conference call.Stock Price DropsUnited Technologies climbed 92 cents, or 1.4 percent, to $69.23 at 11:50 a.m. in New York Stock Exchange Composite trading, outpacing the S&P 500, which has increased 0.1 percent. The company has lost 13 percent this year through yesterday.Its $1.25 billion of 4.5 percent notes due in April 2020 fell 0.4 cents to 112.2 cents on the dollar at 10:31 a.m. in New York, according to Trace, the bond price reporting system of the Financial Industry Regulatory Authority. Relative yields on the company’s debt expanded 9 basis points, or 0.09 percentage point yesterday, to 138 compared with an average 13 basis-point expansion to 251 for investment-grade corporate bonds, Bank of America Merrill Lynch index data show.“There was disappointment and a feeling that perhaps they didn’t need to issue equity,” said Ben-Ari Elias, an analyst at Sterne Agree & Leach Inc. in New York, who has a “buy” rating on the stock. “They’ve said recently that their stock is very cheap and that they’d like to buy back as much as possible, and here they are trying to issue more at a supposedly very cheap price.”
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Adventist Hinsdale Hospital names new CEO
Adventist Hinsdale Hospital has appointed Michael J. Goebel as chief executive officer.
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Baytree National names Isham director
Baytree National Bank & Trust Company board of directors unanimously elected Robert T. Isham, Jr., to its board, according to board Director William Bunn III.
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Siemens, Green Seal collaborate on green building guide
“The Green Building Operations and Maintenance Manual: A Guide for Public Housing Authorities,” developed by Siemens Industry in collaboration with Green Seal Inc., is now available to the public online and free.
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McDonald’s raises quarterly cash dividend 15 percent
McDonald’s board of directors declared a quarterly cash dividend of 70 cents per share, a 15 percent increase over the company’s previous quarterly dividend rate.
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Ford wins reversal of $43M Illinois crash award
Ford Motor Co. won reversal of an Illinois jury's $43 million damage award holding the company liable in a 2003 crash that killed a 73-year-old man and severely burned his wife.
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Humming noise may be coming from Detroit-area Zug Island
Canadian authorities say a mysterious humming noise plaguing residents of Windsor, Ontario, may be coming from a heavily industrialized Detroit-area island.
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UBS CEO Gruebel faces board amid huge trading loss
UBS Chief Executive Oswald Gruebel, under pressure after a rogue trader lost $2.3 billion of the Swiss banking giant's money, kept silent Friday after facing the institution's board of directors in Singapore.
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Oil below $81 amid growing global economy fears
Oil prices hovered below $81 a barrel Friday in Asia, gaining back a little of the previous day's big loss amid the prospect of weaker demand for crude as the global economy slows.
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HP fires second CEO in 2 years; Whitman in charge
Hewlett-Packard has performed another extreme act of corporate remodeling, firing its CEO Leo Apotheker after just 11 months and replacing him with billionaire businesswoman and political aspirant Meg Whitman. Yet it's done little to convince investors that the company has its house in order.
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Fannie Mae cited for failing to stop robo-signing
Fannie Mae missed chances to catch law firms illegally signing foreclosure documents and its government overseer did not take the right steps to ensure Fannie was doing its job, federal regulators say.
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Moody's downgrades 8 Greek banks
Moody's ratings agency downgraded eight Greek banks by two notches Friday due to their exposure to Greek government bonds and the deteriorating economic situation in the country, whose government has struggled to meet the terms of an international bailout.
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Local businesspeople honored for entrepreneurial excellence
Despite the dark clouds that continue to cast shadows over the suburban business scene, 28 area entrepreneurs had reason to celebrate Thursday evening. The business leaders were honored for their ability to persevere and grow during the 12th annual Entrepreneurial Excellence Awards, presented by The Daily Herald Business Ledger and its sponsoring partners.
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Clearwire talking with AT&T, Verizon
Clearwire is considering new partners as it looks to raise capital.
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Zell says distressed real estate deals overpriced
Billionaire Sam Zell said he doesn’t see the “volume opportunity” to invest in distressed real estate.
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United Technologies to buy Goodrich
United Technologies Corp. agreed to buy Goodrich Corp. for $16.5 billion.
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Yum inks deal to sell Long John Silver’s, A&W
The operator of the Taco Bell, KFC and Pizza Hut fast-food chains said Thursday that it has found buyers for its Long John Silver’s and A&W Restaurant chains.
Life & Entertainment
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Music notes: Tossers come to Palatine
The Tossers emerged roughly 15 years ago from Irish neighborhoods on the South Side, and they've built a loyal following with their mix of traditional Celtic music and full-throttle punk energy. They play in Palatine this weekend.
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Weekend picks: The Tossers take on Durty Nellie's
The Tossers emerged roughly 15 years ago from Irish neighborhoods on the South Side, and they've built a loyal following with their mix of traditional Celtic music (mandolin, fiddle, tin whistle) and full-throttle punk energy (guitar, bass, drums). Their music has been eclipsed in notoriety only by their ferocious live shows. See for yourself tonight when the band makes a stop at Durty Nellie's in Palatine.
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Black Eyed Peas to play Jackson tribute
The Black Eyed Peas will perform at next month’s Michael Jackson tribute concert in Wales. They’ll join Christina Aguilera, Smokey Robinson and Cee Lo Green at the “Michael Forever” show.
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‘All My Children' ends its run with a cliffhanger
Tissues were on hand, but there were few tears among two dozen soap opera fans gathered to watch “All My Children” sign off from ABC on Friday after more than 40 years. That's because the screen faded to black with a gunshot and a cliffhanger — an indication that the story may not be dead, even if the television series is. ABC has licensed the story to a production company that is hoping to keep “All My Children” going online.
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ABC soars back to the '60s with ‘Pan Am'
Fasten your seat belt for a flight back to the 1960s. By definition, a series titled “Pan Am” would have to be set in an earlier era, since the title airline shut down in 1991 after 64 years of operation. However, it's now back in business for ABC: With an emphasis on escapism, a drama about the personnel and passengers of Pan American World Airways premieres Sunday, Sept. 25.
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Fall theater promises premieres, award-winning drama
The battle for the hearts and minds of suburban musical lovers heats up this fall when Aurora newcomer Paramount Theatre's "My Fair Lady" goes head-to-head with Marriott Theatre's "For the Boys" and Drury Lane Theatre's "The Sound of Music." Fox Valley Repertory Theatre, meanwhile, scares up some chills with the suspenseful “The Woman in Black.” And we can't forget the Goodman Theatre's "Red" or Broadway in Chicago's "Memphis."
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‘X Factor' debut overshadowed by ‘Modern Family'
The debut of Simon Cowell's highly touted “The X Factor” played second fiddle to “Modern Family.” On a competitive night of fall debuts, Fox's singing contest kicked off Wednesday with a total audience of 12.5 million viewers, according to Nielsen Co. ratings. The real glory went to ABC's Emmy-winning “Modern Family,” which earned a leading 14.5 million viewers.
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Local theater: ‘Shining City’ opens at the Mac
Buffalo Theatre Ensemble’s Bryan Burke directs the Irish drama “Shining City,” a compelling tale about a therapist who tries to help a recently widowed man haunted by the memories of his late wife. The show opens Friday, Sept. 23, at the McAninch Arts Center at College of DuPage in Glen Ellyn.
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Lautner's action debut not exactly for the dogs
There's no way to judge “Abduction” other than as the first “Taylor Lautner project,” a showcase for a very popular, young actor. And as an action star, Lautner handles himself reasonably well as he runs from the CIA and a conspiracy that reaches back to his birth.
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How you want to live is as important as where
When it comes to homebuilding, one size does not fit all. Today builders strive to satisfy the needs of a variety of buyers — single parents, newlyweds, first-time buyers, empty nesters, retirees and multigenerational families — the most diverse clientele the industry has seen. Builders embrace the challenge and take different approaches to draw buyers to their communities.
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What’s new: Sept. 23-30
What's happening on the Chicago area theater scene.
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Super Handyman: Tips for keeping your bathroom safe
They say that most accidents happen in the home, and judging from our experience, it might be true. But let’s try to keep mishaps to a minimum. The bathroom, for example, can be a very dangerous place to hang out, so put some of these tips into practice around your home, and avoid becoming another statistic.
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The nation’s housing: 20 percent down? Don’t bet on it
WASHINGTON -- Remember the proposed requirement from six federal agencies that homebuyers make minimum 20 percent down payments if they want the lowest interest rates?
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About Real Estate: How older homeowners can benefit from a reverse mortgage
A reverse mortgage can help homeowners pay their bills and enjoy life more in their retirement years. The loans don’t have to be repaid until the owner moves out or dies.
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Home inspector: Downstairs room won’t get warm
Q. We have a problem heating the family room on the lower floor of our split-level home. It just won’t get as warm as the rest of the house. The room is side by side with the walk-in subarea, and we’re wondering if we should close the subarea vents during the cold winter months. Do you think this would help to conserve heat?
Discuss
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Our View on school drug tests: Proceed, but protect
Student drug testing at Lake Zurich High School could be one tool in the fight against drug abuse, but District 95 officials first must gain community support, a Daily Herald editorial says.
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Seeking a voice of calm amid fear
Would an economic crisis favor a revolutionary candidate or a reassuring candidate? In Rick Perry and Mitt Romney, we have undiluted representatives of each type.
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A plan that fights back
Why did Republicans begin squawking about class warfare even before Obama had a chance to announce his proposals? Because by calling on the rich to pay “their fair share” of taxes, the president has hit upon a clear and simple way to illustrate how unequal and unfair our society has become.
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An easy first step to be part of the process
Sept. 6 marked the first day candidates could circulate petitions. For DuPage County residents, this means that candidates will be knocking on your door to ask for signatures between now and Dec. 5, the last day to file petitions with the DuPage County Election Commission.
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Trust at stake in Rt. 45 vote
A Lindenhurst letter to the editor: Politicians wonder why the public doesn’t trust them. The debate over the construction of a new route for Rt. 45 is a great example of why.
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Food pantry event a rousing success
Letter to the Editor: The Algonquin-Lake in the Hills Interfaith Food Pantry thanks the community for their support of “Be a Neighbor-Feed a Neighbor” Day Sept. 10. The donations at grocery and drug stores were extremely generous; donating food and bringing us closer to our building campaign goal.
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Obama shouldn’t mess in union negotiations
Letter to the Editor: President Obama’s speech before the joint session of Congress kept mentioning jobs, yet he never specially brought any ideas to the surface except public sector unions including teachers, firefighters and policemen and returning the right to collective bargaining. The federal government has no right to engage in contract negotiations, including salaries and benefits at any state, county or municipality’s level, especially using federal taxpayer money pay for the return of this class of worker to full employment.
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We’re nuts to extend FICA tax cut
Letter to the Editor: Why did President Obama and Republicans agree last December to reduce the FICA tax by 2 percent when the FICA tax funds Social Security and Medicare — and both programs are going broke?
Sep 2011
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