Bus-Only Lanes Hurt Everybody

CTA super-express buses that will operate on 21-mile stretches of Ashland and Western avenues will have the benefit of using full-time bus-only lanes, under a still-evolving concept the transit agency and the city will present this week at three open houses, starting...

Chicago’s Pension Time-Bomb

While Emanuel can coast for two more years, the city in 2015 is required by law to set aside an additional $700 million a year for two of its four pension funds, all of which are woefully underfunded: That year’s budget will include a total of $1.2 billion for...

SUV as Deadly Weapon

Two people were struck by a hit-and-run driver after a fight outside a River North neighborhood bar early Sunday morning, police said. via Chicago Tribune. Although it’s not reported here, the news from police on the scene is that this was a street fight where...

Illinois – Worst Financial Shape Ever

Bloomberg L.P., the big New York financial data firm, is holding its fall municipal-financing conference on Wednesday, and guess what the title is for the special panel on the Land of Lincoln?  Try Land of Entropy.  Yes, sports fans, the panel titled “Illinois...

Jimmy John’s Leaving Illinois, Florida Bound

Jimmy John Liautaud is moving part of the sandwich chain that bears his name to Florida next year, making good on a threat issued in 2011 after Illinois hiked its corporate tax rate. The founder of Jimmy John’s Gourmet Sandwiches said during a Sept. 18 panel...