Daily Archive : Tuesday September 5, 2017

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    In this Sept. 2, 2017 photo, Bobby Jucker, owner of Three Brothers Bakery, cleans up storm damage at his bakery in Houston. In 2008, Hurricane Ike tore the roof off his business. Now he estimates he's facing $1 million in damage and lost revenue from Hurricane Harvey, the fifth time a storm has put his bakery out commission. (AP Photo/Brian Melley)

    Houston's businesses inching back to work as waters recede

    Houston businesses are counting their losses, making repairs and planning a comeback

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    Grain lower, Livestock higher

    CHICAGO (AP) - Grain futures were lower Wednesday in early trading on the Chicago Board of Trade. Wheat for Sept delivery was lower 5.40 cents at $4.25 a bushel; Sept corn was down .60 cent at $3.4340 a bushel; December oats gained 2.20 cents at $2.334 a bushel while Sept soybeans was down .20 cent to $9.6020 a bushel. Beef higher and pork higher on the Chicago Mercantile Exchange. October live cattle gained .63 cent at $1.0505 a pound; Sepember feeder cattle gained 1.15 cents at $1.4320 a pound; October lean hogs was .20 cent higher at $.6395 a pound.

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    California, Other States To Extend Obamacare Sign-Up Beyond Federal Limit

    California and several other states will exempt themselves this year from a new Trump administration rule that cuts in half the amount of time consumers have to buy individual health insurance under the Affordable Care Act. In California, lawmakers are contemplating legislation that would circumvent the rule in future years, too. The Trump administration’s rule gives people shopping for 2018 coverage on the federal exchange 45 days to sign up, from Nov. 1 through Dec. 15. But in California and some of the other states that run their own exchanges - Colorado, Minnesota, Washington and Massachusetts, as well as the District of Columbia - consumers purchasing insurance for themselves this year will have extra time to make decisions. In Colorado, for example, the sign-up period is from Nov. 1 to Jan. 12. In Minnesota, it will start Nov. 1 and run through Jan. 14. In Washington state, it is Nov. 1 through Jan. 15. Consumers shopping for coverage in California’s exchange, Covered California, will still have the full three months they’ve had in recent years, starting on Nov. 1 and ending Jan. 31. Californians shopping for individual market plans outside the exchange will have those same three months to make up their minds. “We want to make sure our consumers have the time they need to find the best plan that fits their needs,” said James Scullary, a spokesman for Covered California. The rule that truncated the enrollment period for the federal exchange, published in April by the Centers for Medicare & Medicaid Services (CMS), gives state-based exchanges the ability to extend the amount of time allowed by tacking a “special” enrollment period onto the 45 days set by the federal government. Because that flexibility is limited to 2018 coverage, California legislators are taking an extra step to keep the three-month enrollment period for 2019 and beyond. Assemblyman Jim Wood (D-Healdsburg) introduced legislation last week that would ensure a three-month enrollment window for consumers seeking coverage in 2019 and subsequent years. “When the Trump administration issued its new ※ rules cutting the ACA’s open enrollment period in half, we knew we had to act,” Wood said. “Californians have enjoyed a three-month enrollment period for years, and this change could catch people off guard and not allow them to sign up in time. That would be a travesty.” Health policy experts say the federal rule is a political attempt to undermine the viability of the Obamacare insurance exchanges. “It’s no big secret that the Trump administration isn’t a big fan of the Affordable Care Act or the individual market that it created,” said Dylan Roby, associate professor of Health Services Administration at the University of Maryland. “There’s just this general intent of the administration to reduce enrollment, reduce ※ subsidies and make it a little bit harder for people to enroll.” The shortened enrollment window was part of a so-called market stabilization rule rolled out by the Trump administration that also offers insurance companies concessions, including the flexibility to sell some health plans that cover less of the enrollees’ cost of care than currently required by the ACA. California’s insurance commissioner, Dave Jones, expressed concern about the impact of a shortened enrollment period in a letter to the federal government in March, before the rule was finalized. Jones’ letter cited research that shows younger people tend to sign up for health insurance toward the end of open enrollment, and that putting up barriers to their enrollment could reduce the number of healthy people in the insurance pool.

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    New Nissan LEAF electric vehicle is displayed after the world premiere in Chiba, near Tokyo, Wednesday, Sept. 6, 2017. Nissan's new Leaf electric car goes farther on a charge and comes with autonomous drive technology and single-pedal driving. But whether it can catch on with anyone but the most zealously green-minded remains to be seen. (AP Photo/Eugene Hoshiko)

    Nissan shows Leaf electric car revamped with more range

    Nissan's new Leaf electric car goes farther on a charge and comes with a new type of drive technology and the possibility of single-pedal driving

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    This stretch of about 57 acres of undeveloped land located southwest of Route 120 and North Wilson Road was annexed Tuesday night by Round Lake.

    Hoping to spur development, Round Lake annexes 57 acres

    The village of Round Lake grew by about 57 acres Tuesday night after the village board voted to annex land on the southwest tip of the village. But because the land is vacant, the only people likely to be immediately affected by the vote are cartographers.

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    FILE - This Dec. 6, 2016, file photo shows the United Technologies Electronic Controls factory in Huntington, Ind. United Technologies is acquiring Rockwell Collins for $22.75 billion in order to expand its aerospace capabilities. United Tech, which makes Otis elevators and Pratt & Whitney engines, said Monday, Sept. 4, 2017, it's paying $140 per share in cash and stock for Rockwell Collins, a 9.4 premium over Tuesday's closing price, when reports of a deal surfaced. (AP Photo/Michael Conroy, File)

    Boeing, Airbus raise alarms over United Tech, Rockwell deal

    Airplane makers Boeing and Airbus raised concerns Tuesday about the proposed tie-up between aerospace parts makers United Technologies and Rockwell Collins, saying that they are worried the deal could raise costs or slow the production of planes.

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    Baird & Warner acquires two Century 21 Sketchbook brokerages

    Baird & Warner said it has acquired two Century 21 Sketchbook locations in Lake Zurich and Cary.

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    A newsstand display copies of the Daily News, Tuesday Sept. 5, 2017, in New York. The tabloid newspaper has been acquired by Tronc, the publisher of the Los Angeles Times and The Chicago Tribune, in a deal announced Monday night, Sept. 4. . (AP Photo/Bebeto Matthews)

    The Daily News, a storied New York tabloid, is sold to Tronc

    The owner of two of the nation's largest newspapers has purchased the Daily News, a New York tabloid that is famous for generations of hard-punching reporting and irreverent headlines but that has struggled recently to find its place in the digital age

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    Amazon launches African-American video-on-demand service

    Amazon is launching Brown Sugar, a subscription video-on-demand service that features what it calls the biggest collection of the baddest African-American movies of all time.

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    The Barrington Area Chamber of Commerce and the village of Barrington gathered for a ribbon cutting to celebrate the grand opening of Remember Charlotte’s Pizza at 205 Park Ave. in Barrington. Remember Charlotte’s is a family-friendly, old-school pizzeria inspired by and named in homage to a well-known Barrington institution from the 1970s and ’80s, Charlotte’s Pizza.

    Business Ledger After Hours: Sept. 11, 2017
    Images from the After Hours section of the Sept. 11 Daily Herald Business Ledger.

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    Baldwin joins Hilco Valuation Services Europe

    Hilco Valuation Services, LLC, announced the appointment of Nat Baldwin as director of intellectual property services Europe.

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    Chicago Shoe Market set for Schaumburg
    The Chicago Shoe Market, a professional trade show open to shoe vendors and retailers, will be held today and Thursday at the Renaissance Schaumburg Convention Center,

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    Atkore International acquires Flexicon Limited
    Atkore International Group has acquired Flexicon Limited, a leading global manufacturer of metallic and non-metallic flexible cable protection systems.

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    uBreakiFix opens in Plainfield

    uBreakiFix recently opened a new store at 13511 S. Route 59 in Plainfield.

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    Tronc, owner of the Chicago Tribune, has acquired the New York Daily News.

    Feder: Chicago Tribune parent tronc buys New York Daily News

    Tronc, owner of the Chicago Tribune and the Los Angeles Times, has acquired the New York Daily News.

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    Wheeling village trustees will consider removing a measure requiring all business owners undergo fingerprinting and background checks to receive a license to operate in town.

    Wheeling poised to end background checks for business owners

    Wheeling officials are expected to scrap an unusual ordinance that requires all new business owners be fingerprinted for criminal-background checks.

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    My son the salesman ... an American tragedy
    First let me start out by stating that sales is an honorable profession, one of which I have been a member and have enjoyed my entire working life. Unfortunately, not everyone sees it that way.

Life & Entertainment

Discuss

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    Speaking at the Justice Department in Washington Tuesday, U.S. Attorney General Jeff Sessions announces the administration will “wind down” a program protecting young immigrants brought into the country illegally as children.

    Editorial: Congress has duty and ability to protect ‘Dreamers’
    A Daily Herald editorial says that Congress, no longer able to hide behind President Obama’s DACA order, must act to protect the interests of children and young adults raised in the United States without permanent legal status.

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    Gov. Bruce Rauner

    Rauner: Historic school-funding reform is right balance for Illinois
    By Gov. Bruce RaunerGuest columnistThe bipartisan education reform bill I signed into law last week marks a historic moment for our state and our schoolchildren. Illinois now has a more equitable funding structure that provides all children with the opportunity for quality education, regardless of their family’s income. This historic accomplishment represents, for me, the reason why I ran for governor in the first place. Diana and I have spent decades improving education in Illinois. We believe education is the most important social responsibility we have as a community, and we have dedicated ourselves to supporting teacher training, principal development, and early childhood education.After years of work and charitable investment, I realized that the reforms needed to improve Illinois education could not be achieved from the outside. I ran for governor to develop policies and structures that provide better education for our schoolchildren across Illinois.Our administration came into office with an ambitious agenda for education, and I’m proud of what we’ve accomplished. State funding of public schools has increased by over $1 billion under our administration. We have increased funding for early childhood education to its highest levels ever. Through the Every Student Succeeds Act, Illinois now has one of the most rigorous student accountability plans in the country. Under the leadership of Secretary of Education Beth Purvis, we established the Illinois School Funding Reform Commission: a bipartisan committee brought together to advise the General Assembly on ways to reform the broken school funding system. Democrats and Republicans alike have recognized that our school funding formula was broken for decades, but our administration took on this challenge. The new evidence-based school funding formula acknowledges that it takes more money to educate children who live in under-resourced communities and guarantees that new state dollars are distributed equitably. At the same time, it holds all 852 school districts harmless from cuts in state support and presents avenues for property tax relief for homeowners. After years of being 49th among states for state support of education, Illinois is now poised to fulfill our obligations to our children regardless of race, income or geography. While the process has taken partisan turns over the past few months, in the end we arrived at a true compromise that not only overhauled the funding formula for Illinois schools, but enacted other historic reforms. School administrators and school boards will have flexibility and relief from unfounded mandates. Charter school parents will no longer have to fight for equitable funding for their children. And parents of limited means who believe that a private or religious school is the best fit for their child will have access to scholarships through a tax credit program. All Illinoisans should be proud that we seized the opportunity to create this lasting change for our state’s schoolchildren. I applaud our team and lawmakers for finding the balance that is right for Illinois, and I am honored to have been able to sign this bill into law.Finally, this compromise is proof of what we can accomplish as a state when we work together. The bill signing last week brought together people and lawmakers from all walks of life, and I hope we can continue down this path of finding thoughtful bipartisan solutions for our state.Bruce Rauner is Republican governor of Illinois.

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    Arizona’s ‘Flake primary’ will reveal much about Trump’s political influence

    PHOENIX — We know that Donald Trump is a virtuoso at the politics of resentment. But does he lead a movement? That is the question to be tested in next year’s Republican Senate primary in Arizona. Pro-Trump forces are wiping the drool off their ties while contemplating a humiliating primary defeat for Trump critic Jeff Flake — the Republican incumbent whom Trump reportedly calls “the flake.” (I suspect that Flake has heard that taunt before, but not since third-grade recess.) Professional Trump sycophants Sean Hannity and Laura Ingraham have endorsed a Republican challenger to Flake named Kelli Ward. Trump moneyman Robert Mercer has already donated $300,000 to Ward’s campaign. And Trump himself implicitly endorsed Ward on Twitter last month, while labeling Flake as “toxic.” Recent polling seems to justify a belief in Flake’s vulnerability. Among likely Republican voters, Ward wins a head-to-head with Flake by double digits. All this would be deeply disturbing for establishment Republicans — if it were not mostly rubbish. Polling a year away from a primary has as much predictive power as a tarot pack. The most important factors determining the outcome are entirely contingent. A year hence, Trump could be a vengeful political colossus or headed toward impeachment; America could be at war or at peace; the economy could be in depression or riding a boom. So far, Flake has reason to be pleased with outside interventions in the race. Trump forces in Arizona have not yet settled on Ward — highly inexperienced and gaffe-prone — as their candidate. (“She is not a buffoon,” one close observer of Arizona politics told me, “but she says buffoonish things.”) Outside endorsements of Ward have come as state Treasurer Jeff DeWit and former party chair Robert Graham are discussing which of them might enter the race as a Ward alternative. And Trump himself has since backed off his apparent endorsement of Ward. When Trump visited Phoenix a few weeks ago, he had a backstage meeting with DeWit and Graham. Ward was not invited.Graham would probably be a stronger candidate than DeWit, who has even less political experience than Ward. Graham gained Trump’s confidence by defending him during the “Access Hollywood” scandal. (True-blue, bona fide Trump loyalists are apparently defined by their willingness to ignore boasting about sexual assault.) But for a Trump challenge to Flake to run smoothly, Graham or DeWit would need to persuade the independent-minded Ward to leave the race. (Recently pardoned octogenarian Joe Arpaio — who lost his last election decisively — likes to talk about running but is not a serious possibility.) Even if Arizona Trumpites settle on a single candidate, it is not clear what support from “Trump forces” really means. Does a Trump endorsement bring buckets of money? Does it bring organizational help? Trump organizers were thin on the ground even during his own campaign. And the power of presidential tweets to help people other than Trump is untested. Can Trump actually follow through on his political threats without the normal architecture of a political movement?

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    Some moral standards written in pencil
    A Schaumburg letter to the editor: In the aftermath of Hurricane Sandy, 20-plus Texas Republican senators and congressmen voted against federal aid to help New Jersey recover under the guise of excess spending.

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    Destroying statues is destroying history
    A Mount Prospect letter to the editor: It sickens me to read all the stories about the Southern statues being torn down.

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    Today’s Opinion Page editorial cartoon
    Today’s Daily Herald Opinion page editorial cartoon

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