- Judge says 2014 Chicago pension overhaul unconstitutional Updated: Jul-24-15 2:24 pm
CHICAGO - A Cook County judge on Friday threw out a 2014 law aimed at reducing multibillion-dollar shortfalls in two Chicago pension funds, a decision city officials have said could leave the retirement accounts insolvent in a little more than a decade or lead to massive tax increases.
- Mayor Emanuel names ex-Madigan aide as chief of staff Updated: Jul-23-15 3:55 pm
CHICAGO - Chicago Mayor Rahm Emanuel has named a business executive and former top aide to Illinois House Speaker Mike Madigan to be his next chief of staff.
- Mayor Rahm Emanuel names top aide to run Chicago's schools Updated: Jul-16-15 7:53 pm
CHICAGO - Chicago Mayor Rahm Emanuel on Thursday selected his chief of staff to lead the city's struggling public schools as the district deals with budget cuts and a multibillion-dollar pension crisis.
- Headquarters of Kraft business heading to downtown Chicago Updated: Jul-16-15 1:47 pm
NEW YORK - Two weeks after shareholders signed off on a tie-up between Kraft and Heinz, the company has announced a move that will bring its Kraft headquarters from the northwest suburbs of Chicago into the city itself.
- Company under probe pushed for ex-Chicago schools CEO hiring Updated: Jul-12-15 4:38 pm
CHICAGO - A published report shows the head of a suburban education company central to an ongoing federal investigation pushed for the hiring of Chicago Public Schools former CEO and lobbied on her behalf.
- Rauner pension plan would end union negotiations, freeze pay Updated: Jul-12-15 12:35 pm
CHICAGO - Gov. Bruce Rauner says Illinois could save billions of dollars each year through an ambitious new plan to address hugely underfunded pension systems, a proposal he describes as "fair and reasonable" for both government workers and taxpayers.
- Obama administration takes aim at segregation in housing Updated: Jul-08-15 4:39 pm
CHICAGO - The nation's head of urban housing policy announced new regulations Wednesday aimed at fulfilling promises of the 1968 Fair Housing Act by promoting racially integrated neighborhoods.
- Report: Firm fees from Chicago schools borrowing tops $18M Updated: Jul-04-15 3:43 pm
CHICAGO - Dozens of legal and financial firms have been paid roughly $18 million in fees from borrowing and debt-refinancing deals with Chicago Public Schools since 2011 when Mayor Rahm Emanuel first won office, according to a newspaper report published Saturday.