Charlie Hebdo ‘survivors’ issue’ quickly sells out in Chicago

By Yanqing Chen, Ellen Kobe, Meghan Tribe and Andersen Xia Dozens of people lined up at two Chicago-area newsstands hoping to get one of the copies of the “survivors’ issue” of French satirical publication Charlie Hebdo (WARNING: Cover image may be offensive to some) before dawn Friday morning. Within minutes, both City Newsstand in Portage […]

McDonald’s Corp. earnings fall

A McDonald's location in Evanston, IL/Alysha Khan/Medill

By Alysha Khan Global fast food giant McDonald’s Corp. ended a year of struggling sales with a 21 percent drop in fourth quarter earnings, missing Wall Street’s expectations, and warned that it may take several months for its new strategies to translate to higher profits. The stock drooped.

Despite protest, ICC allows Chicago area gas companies to hike rates

By Bethel Habte Despite a visible and vocal opposition at a public hearing Wednesday, the Illinois Commerce Commission granted two major area gas companies rate increases after Jan. 28, by a vote of 3 to 1. After reviewing Peoples Gas’s request to increase natural gas delivery system rates by $129 million, the commission approved a […]

City aldermen call for hearing on affordable housing ordinance

By Stephanie Choporis Chicago aldermen and representatives for the Chicago Housing Initiative are pushing for a February hearing to discuss an affordable housing ordinance before next month’s election. At least four aldermen and more than 35 Chicago Housing Initiative representatives gathered for a press conference Wednesday morning at City Hall and criticized Mayor Rahm Emanuel […]