Articles filed under News

Show Articles : next 20

SBA head Mills to leave Obama administration Feb 11, 2013 12:00 AM
Karen Mills is leaving her post as head of the Small Business Administration, opening yet another Cabinet-rank job for President Barack Obama to fill at the start of his second term. Obama says Mills played a leading role supporting start-up businesses and entrepreneurs.
Stock market drifts lower to start the week Feb 11, 2013 12:00 AM
U.S. stocks drifted lower in Monday trading, pulling the Standard & Poor's 500 index back from its five-year high. The S&P 500 slipped one point to 1,517 shortly after noon. Eight of the 10 industry groups within the S&P 500 dropped. Financial and technology stocks, the exceptions, were barely higher.
Oil dips slightly as Asia observes Lunar New Year Feb 11, 2013 12:00 AM
The price of oil dipped slightly toward $95 a barrel on Monday as investors cut back on speculative positions and most Asian markets were closed for a holiday. By early afternoon in Europe, the benchmark oil contract for March delivery was down 30 cents to $95.42 a barrel in electronic trading on the New York Mercantile Exchange. The contract fell 11 cents on Friday.
Greece: Cuts keep budget on target, spur protests Feb 11, 2013 12:00 AM
Greece's farmers launched a campaign of daily anti-austerity highway blockades Monday, as the conservative-led government insisted deep spending cuts were helping the crisis-hit country beat budget targets. Mostly in central and northern Greece, the hour-long roadblocks started at 2:00 p.m. (1200GMT), forcing motorists to take lengthy detours or wait the protests out.
Novo Nordisk shares tumble on drug review setback Feb 11, 2013 12:00 AM
Shares of Novo Nordisk are sinking in premarket trading after the Danish drugmaker said U.S. regulators want more data before they can finish their review of two long-acting insulin drugs to treat diabetes. The company said Sunday the Food and Drug Administration requested information from a study that looks at cardiovascular health before it can finish reviewing Tresiba and Ryzodeg, which both use the insulin degludec.
Dell looks to calm shareholder concern over buyout Feb 11, 2013 12:00 AM
Dell is trying to reassure shareholders about its proposed $24.4 billion acquisition by a group led by its founder, saying it considered a number of strategic options before agreeing to the deal. Dell Inc. laid out the advantages of the transaction in a regulatory filing Monday, three days after a major shareholder ridiculed the buyout as a rotten deal that undervalues the business.
Romania: Slaughterhouses did not commit fraudFeb 11, 2013 12:00 AM
Two Romanian plants believed to be the source of horse meat mislabeled as beef in supermarkets across Europe declared it properly and any fraud was committed somewhere else down the line, officials said Monday. Romania is scrambling to contain the damage from the fast-growing horse meat scandal — where the cheaper meat was substituted for beef in everything from burgers to frozen lasagna.
Dubai’s A380 concourse in full operation Feb 11, 2013 12:00 AM
Dubai's airport authorities say a purpose-build concourse for Airbus' A380 aircraft is fully open after weeks of phased-in operations. The aircraft is a double-decker that seats 525 people and is so large some airports have to be adjusted to accommodate it.
Markets steady with much of Asia shut for holidaysFeb 11, 2013 12:00 AM
Stock markets in Hong Kong, mainland China and Seoul were among those closed Monday for the Lunar New Year holiday. Japanese markets were also shut for a public holiday. European stocks were mostly higher in early trading. Britain's FTSE 100 rose nearly 0.1 percent to 6,269.23. Germany's DAX shed 0.2 percent to 7,638.18. France's CAC-40 added 0.2 percent to 3,655.13.
Social media keeps people together during blizzard Feb 11, 2013 12:00 AM
The East Coast woke up under a blanket of snow this weekend and collectively documented the experience on the myriad social and mobile inventions of the past decade. Facebook, Twitter and other technologies make it increasingly difficult to stay isolated —even if you're stuck home alone. "The funny thing is that I actually checked my Instagram feed before I even looked out my own window," says Eric Witz, who lives in Medford, Mass.
'Ashes to Go' idea expands internationally Feb 11, 2013 12:00 AM
Episcopal church leaders across the suburbs, the nation, and even the world on Wednesday will help commuters at train stations mark the beginning of Lent with a visible symbol of human mortality — ashes, via a movement called Ashes to Go. "Churches in the Chicago area have made a real effort to invite other people to do this," said the Rev. Emily Mellott of Calvary Episcopal Church in Lombard.
Bartlett teacher Lana Brozik calls herself a lifelong learner Feb 11, 2013 12:00 AM
Lana Brozik is a master teacher, a model educator and a lifelong learner. She teaches students English and language arts at Eastview Middle School in Bartlett but reaches beyond her eighth-graders to improve the quality of education districtwide. A ripple effect from Brozik's mentorship means she will continue to affect student learning long after she retires at the end of this year.
Kaneland write-in candidate couldn’t serve if elected Feb 11, 2013 12:00 AM
A write-in candidate for the Kaneland school board would not be eligible to serve if elected because of residency restrictions, according to the state.
Harper’s partnership with high schools netting positive results Feb 11, 2013 12:00 AM
In fall 2010, Harper College and its feeder high school districts formed an unprecedented partnership to shrink student success gaps and better prepare students for career and college readiness. More than halfway through the four-year pilot program, leaders believe they're onto something. "We think we have a model worth emulating," Harper President Ken Ender said of the Northwest Educational Council for Student Success.
DUI charges filed in N. Aurora crash Sunday that seriously injured 1 Feb 11, 2013 12:00 AM
A 35-year-old man is charged with DUI and aggravated reckless driving after crashing into a utlility pole Sunday in North Aurora, critically injuring his passenger, a 39-year-old West Chicago man. Victor M. Alvarez is due in court on Feb. 21 and has had at least one previous DUI conviction, records show.
Army veteran receiving Medal of Honor for Afghan fight Feb 11, 2013 12:00 AM
A veteran who helped "defend the indefensible" at a vulnerable Army outpost in Afghanistan received the nation's highest award for military valor Monday at a tearful White House ceremony that also honored the eight men who did not survive a Taliban attack. President Barack Obama lauded former Staff Sgt. Clinton Romesha's bravery in fighting back an intense daylong barrage by enemy fighters.
Early voting in primary election continues through Feb. 23 Feb 11, 2013 12:00 AM
Early voting for the Feb. 26 primary election began Monday and continues through Saturday, Feb. 23. In the Northwest suburbs, a Republican primary will take place in Palatine Township for the offices of supervisor, trustee, clerk and highway commissioner. In Elgin, a nonpartisan primary will whittle down a field of nine people running for a single 2-year council seat.
Feds: Des Plaines woman arranged sham marriages for noncitizens Feb 11, 2013 12:00 AM
A Des Plaines woman who runs an Arlington Heights-based immigration consulting business faces federal charges alleging she helped arrange at least four sham marriages to help clients evade immigration laws, authorities announced today. Teresita Zarrabian, 60, is charged with conspiracy to commit marriage fraud, marriage fraud, visa fraud and obstruction of justice in an indictment unsealed following her arrest Thursday.
Pope’s mission to revive faith clouded by scandal Feb 11, 2013 12:00 AM
While taking the Vatican and world by surprise, Benedict XVI had laid the groundwork for the decision years ago, saying popes have the obligation to resign if they can't carry on. And to many, his decision was perfectly in keeping with a man who had dedicated his life to the church, showing his love for the institution and an acknowledgment that it needed new blood to confront the future.
Third graders at Oak Grove School follow business plan to feed kids in Haiti Feb 11, 2013 12:00 AM
A third grade class at Oak Grove School in Green Oaks formed a company to raise funds for hungry children in Haiti. Their effort raised abouit $700 and earned a visit of thanks Monday from the CEO of Feed My Starving Children. "Kids provide a significant amount of the volunteering and support," CEO Mark Crea said. "It's kids feeding kids."