I'm running for Congress in the Fifth District of Illinois.   As a Chicago lawyer for thirty years, I have fought for working people in the Fifth District and throughout the city. I have represented unions as well as people with no unions to protect them. In plant closings I have helped them recover health and pension benefits. I obtained health care for the uninsured. I've been pressing the State of Illinois to crack down on payday lenders. In my life as a lawyer I have lived out a commitment to

(Crain’s) – Mark Cuban wrote on a blog Tuesday that the credit crisis and faltering economy forced him to drop out of the bidding for the Chicago Cubs, but he’s still interested if team owner Tribune Co. doesn’t settle on a buyer soon. Mr. Cuban, who was among five finalists to buy ...

Now it's $2.00 everything...and they've made the drinks weaker and smaller (blame the economy I guess). So if you come here, order straight up booze, Guinness, Magners and Black and Tans to get the…

WASHINGTON (AP) — The National Association of Realtors says pending home sales fell to the lowest level on record in November, as the plummeting stock market and faltering economy caused buyers to put their purchases on hold.

UTStarcom, Inc. v. Starent Networks, Corp., No. 07 C 2582 Slip Op. (N.D. Ill. Dec. 5, 2008) (Lindberg, Sen. J.).Judge Lindberg granted in part plaintiff's motion to dismiss certain of defendant Starent's counterclaims.  Starent's allegations that specific patentee withheld specific references from the Patent Office were sufficient to meet the Rule 9(b) heightened pleading standards for inequitable conduct.  But the Court dismissed Starent's tortious interference counterclaim to the extent that it

Chrysler's December U.S. sales plunged by more than half, and it sold 30 percent fewer vehicles in 2008, dwarfing the steep declines at the other major automakers, as consumers remained uncertain about the economy and their jobs. Chrysler said Monday its December sales dropped 53 percent because of the recession and fewer fleet sales, while Toyota Motor Corp. reported a 37 percent slide, and Honda Motor Co. said its sales tumbled 35 percent. Ford Motor Co.'s U.S. sales fell 32 percent in Decembe

DETROIT -- After a year in which U.S. auto sales tumbled 18 percent and GM had its worst year in nearly a half-century amid slack demand fueled by a terrible economic outlook and growing job worries, automakers are reluctant to predict when a recovery might occur.

Based on an Appellate Court decision no less:A federal appeals court has given the green light to red-light cameras that have pumped out more than a million Chicago tickets and generated $100 million in sorely-needed revenue since 2003.The ruling by the 7th Circuit U.S. Court of Appeals preserves one of the city's few revenue sources not subject to the economic downturn -- and clears the way for a major expansion that will install cameras at more than 330 accident-prone Chicago intersections by 2

Experts: Assess, plan, network 5 tips for the hunt: 1. Make finding a job your new job. 2. Tell everybody you're job hunting. 3. Search online but also press the flesh. 4. Consider jobs outside your field. 5. During phone interviews, stand up to project more energy. You're out of work. You're hardly alone. Through the first 11 months of 2008, the nation's economy lost 1.9 million jobs. It's no time to dwell on the negativ

DETROIT (AP) — Huge rebates and zero-percent loans couldn't overcome economic uncertainty as U.S. auto sales plunged 36 percent in December, capping a dismal year that saw sales free-fall by 2.9 million vehicles from 2007.

United Airlines' December traffic dropped 11.5 percent, as business and consumer air travel weakened in response to a softening economy and rising fares.

It's easy to get confused about the causes of the global economic mess we're in. It's a subject that's not going away any time soon, and one worth understanding. From time to time, at the BackTalk Blog, we recommend Web...

(AP) — A UBS analyst lowered his fiscal 2009 estimates for Motorola Inc. to reflect a slowdown due to the weakening economy. Maynard J. Um, who has a "Neutral" rating on Motorola, cut his 12-month target price slightly to $4.75 from $4.95. He said in a note to investors he lowered his ...

As Roland Burris heads to Washington, we call east to hear what awaits him there. Then, our roundtable of experts discusses what to expect from the economy in the new year. And writer Liz Sandoval contemplates how she'll change with 2009.

In these recessionary times, galleries are closing down, auction houses are getting millions less than normal in sales for even big-name masterpieces, and starving artists are starving even more. Recently we asked a few dozen artists and gallerists how they were surviving Great Depression II: The Internet Edition. Here's what they told us:Kirby Kerr, Rotofugi Designer Toy Store & Gallery: It's really too early to tell. October was definitely a little slower than normal, but we're running strong

* More Illinois residents used food stamps in 2008 Nearly 1.4 million people in Illinois used food stamps in November. That compares to nearly 1.3 million in November of the previous year. Illinois Department of Human Services spokesman Tom Green blames both higher food prices and the struggling economy for the increase. Most low-income households can qualify for [...]

WASHINGTON (AP) — Barack Obama is heading to Capitol Hill to push for quick action on a broad economic stimulus package that congressional leaders are saying won't be ready until mid-February at the earliest — almost a month later than the president-elect wanted.

Caution has returned to Wall Street as investors collected some profits after last week's huge rally even as they find encouragement from President-elect Barack Obama's calls for an economic stimulus package.

WASHINGTON---- President-elect Barack Obama, commencing face to face consultations with congressional leaders Monday, is embracing an unexpectedly large tax cut of up to $300 billion. Obama said the country faces an "extraordinary economic challenge."

We held off doing our annual holiday card review until now. And we're glad we did because the best didn't reach our desk until a day or two before Christmas. Given the current economic crisis, it's not surprising that the lot of cards we received was somewhat diminished in both quantity and creativity.

Nedra Pickler, Associated PressWASHINGTON — New Mexico Gov. Bill Richardson on Sunday announced that he was withdrawing his nomination to be President-elect Barack Obama's commerce secretary amid a grand jury investigation into how some of his political donors won a lucrative state contract.Richardson's withdrawal was the first disruption of Obama's Cabinet process and the second "pay-to-play" investigation that has touched Obama's transition to the presidency. The president-elect has remained a

Elaine S. Povich, Peoria Journal StarWASHINGTON, D.C. — Standing on the rooftop outside his office window with the U.S. Capitol in the background, U.S. Rep.-elect Aaron Schock, R-Peoria, could be forgiven for feeling a little giddy about becoming the youngest member of Congress at age 27. But then reality hits.The economy. The war. The mess in the Illinois Statehouse.It's enough to make a young man very sober, very fast.But dampening Schock's enthusiasm for his new job is hard."Absolutely not,"

Chicago Restaurant Week returns for a second run in February, and with a vengeance, as the coldest economic conditions in decades are exacerbating the usual winter doldrums for the city's dining establishments.

I'm torn. On the one hand, I love the philosophy of the store (yay for no-sweatshops, keeping jobs in America especially in this economy, etc.). I also love the products themselves. They fit well,…

President-elect Barack Obama met with Congressional leaders today about his economic recovery plan.

A recent NY Times article highlighted the impact of the financial crisis on Ireland, a country which had previously been riding high on a property boom (and also low tax rates and generally sound economic policies). There is a photo of a property tycoon and his lovely wife (recently married), 20 years his junior, above. [...]

Right, then!  So as you have probably seen by now, I've designed a couple of images this weekend that I've decided to stick on t-shirts and sell to the public at large.  Now, I'm not expecting you, the loyal Goat Reader, to throw down money on these things - especially in the tough economy we live in - but I'm hoping some of you will mostly because it's a cool way to promote the site.However I'm at a crossroads in the designs.  It originally started out with these bunch:My propaganda war poster,

Over-rated and over-priced. Expected more premium ingredients for $165 twelve course tasting menu. Economy seems to have taken its toll on this place too. Hokkaido scallops? Got Nantucket…

President-elect Barack Obama urged congressional leaders Saturday to move quickly on an economic recovery plan, even as some Republicans are saying they want more time to review the details. Obama said Congress should pass an American Recovery and Reinvestment Plan designed to create 3 million jobs.

Steve Forbes, focus brainpower for job growth, cut corporate taxes. Ireland Gets It: If the incoming Obama Administration is serious about squeezing more money from businesses, it should follow the example of Ireland and slash corporate tax rates. The U.S. has one of the highest profits levies in the developed world: 35% at the federal level, with another average of 5% from state and local taxes. Only Japan has worse. In contrast, Ireland's rate is a mere 12.5%. Imagine the howls from congressio

President-elect Barack Obama urged congressional leaders Saturday to move quickly on an economic recovery plan, even as some Republicans are saying they want more time to review the details.

Welcome to new Obama world, skids already greased by outgoing president Bush sadly, where all the deadbeat liberal states are asking for bailouts, states that house most of our country's lazy unemployed, unintentionally layed off /unemployed union employees, and especially tens of millions of illegals now drawn into the country since these states also house sanctuary cities welcoming illegals with open arms, (Illinois included and in our case Chicago is the illegal magnet).They're all now asking

Cheapassism Dominates Here In these turbulent economic times, purchasing power may feel limited in most establishments throughout Chicagoland. Certainly at the Ashland you will find them to be quite…

You think we had it rough New Years Eve?Preliminary: At least 445 cars were torched over the night of New Year's Eve in France, a 20 percent rise on last year, but there were relatively few clashes with police, the Interior Ministry and police said on Thursday.Car burnings are regular occurrences in France but the registering the New Year's Eve total has become something of a tradition since they achieved symbolic status in the violent rioting that shook many of the country's poor suburbs in 2005