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Bankruptcies soar as companies grapple with inflation, tariffs

By Aaron Gregg and Jaclyn Peiser
Dec 27, 2025 4:37 pm - Corporate bankruptcies surged in 2025, rivaling levels not seen since the immediate aftermath of the Great Recession, as import-dependent businesses absorbed the highest tariffs in decades.
Hundreds mourn in Syria’s Homs after deadly mosque bombing

By OMAR SANADIKI
Dec 27, 2025 3:58 pm - Hundreds of mourners gathered Saturday in the rain and cold outside of a mosque in the Syrian city of Homs for the funeral of eight people killed in a bombing, as an imam warned that the attack could spark more sectarian violence.
Thailand, Cambodia sign new ceasefire deal after weeks of deadly clashes

By Victoria Bisset
Dec 27, 2025 3:54 pm - Thailand and Cambodia agreed to an immediate ceasefire on Saturday, after weeks of deadly border clashes that unraveled a peace deal championed by President Donald Trump in late October.
Millions of Afghans face hunger as aid cuts deepen a humanitarian crisis

By ABDUL KAHAR AFGHAN
Dec 27, 2025 3:52 pm - For 10 hours a day, Rahimullah sells socks from his cart in eastern Kabul, earning about $4.50 to $6 per day. It's a pittance, but it’s all he has to feed his family of five.Rahimullah, who like many Afghans goes by only one name, is one of millions of Afghans who rely on humanitarian aid, both from the Afghan authorities and from international charity organizations, for survival.
WGN-TV political analyst Paul Lisnek to open Civic Awareness series at Schaumburg Library

By Eric Peterson
Dec 27, 2025 3:01 pm - WGN-TV political analyst Paul Lisnek will kick off the second annual Civic Awareness Series at the Schaumburg Township District Library on Tuesday, Jan. 27.
Winter storm snarls US holiday travel across Northeast, Great Lakes

By LEAH WILLINGHAM and JULIE WALKER
Dec 27, 2025 2:52 pm - More than a thousand flights were canceled or delayed across the Northeast and Great Lakes regions due to snow as thousands took to U.S. roads and airports during the busy travel period between Christmas and New Year’s.
Russia strikes Ukraine’s capital and kills at least 1 person a day before Zelenskyy-Trump meeting

By SAMYA KULLAB and VASILISA STEPANENKO
Dec 27, 2025 2:43 pm - Russia attacked Ukraine's capital with ballistic missiles and drones on Saturday, killing at least one person and wounding 27, a day before talks between the leaders of Ukraine and the United States, authorities said.
Jarosch Bakery moving to new storefront in new year

By Katlyn Smith
Dec 27, 2025 12:09 pm - One of the few old-school bakeries around will make a long-planned move in the new year. And for Jarosch Bakery fans, finding the new spot should be as easy as pie.
We are entering 2026 with the worst economy in years

By Frank Manzo IV
Dec 27, 2025 11:59 am - If you are feeling down about the direction of the economy as the year comes to a close, you are not alone. There is also plenty of evidence to back up the sentiment.
Stadium shuffle: Bears’ relocation saga in 2025 went from lakefront to Arlington Heights to Northwest Indiana

By Christopher Placek
Dec 27, 2025 11:15 am - The Bears’ search for a new stadium backed by subsidies and a tax break remained unresolved in 2025, with the NFL club exploring options in downtown Chicago, Arlington Heights and now Northwest Indiana.

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