All posts by mattyurus

VIDEO: WGN’s Paul Lisnek talks economics, Obamacare and the mayoral runoff

By Andrew Fowler and Matt Yurus

Medill’s Andrew Fowler and Matt Yurus bring you an in-depth conversation with WGN Political Analyst Paul Lisnek.  The TV and raido show host and author shares his perspective on Gov. Bruce Rauner’s plan to close the budget gap and diminish union power, a Supreme Court case that could end the Affordable Care Act and the one thing Chicagoans should ask themselves before voting in the runoff election on April 7.

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Possible fraud an issue in Caesars’ bankruptcy filing in Chicago

UPDATED: This story has been updated to include new developments in the case.

By Matt Yurus

Why did dozens of creditors strive to head off Caesars Entertainment Corp.’s filing bankruptcy in Chicago for its largest subsidiary, Caesars Entertainment Operating Company Inc.?

Essentially, they believed that Caesars Entertainment Corp. “robbed CEOC of its assets in order to screw the creditors,” explained Anthony Casey, a professor of law at the University of Chicago.

And there might be other advantages in Chicago for Caesars Entertainment and its subsidiary CEOC. Continue reading

Garcia and Emanuel ‘likely even’ heading into April 7 runoff

By Matt Yurus

Ogden & Fry’s latest poll on Chicago’s mayoral race reported that Mayor Rahm Emanuel and Jesus “Chuy” Garcia are “likely even.”

Dr. Dick Simpson, a political scientist at the University of Illinois at Chicago and Garcia supporter, said that he is now a legitimate candidate, but the “critical element” to winning could boil down to whether Garcia can raise enough money to deliver his message to Chicago voters before the April 7 runoff.

Medill Reports’ Joe Musso contributed to this report.

Dick Simpson says Garcia is now a legitimate candidate to become Chicago’s first Latino mayor. (Matt Yurus / Medill)

President to dedicate Pullman Park as Chicago’s first national monument

By Matt Yurus

President Barack Obama heads home Thursday to designate America’s next national monument: Chicago’s historic Pullman Park, a site that was home to unprecedented advances in industrialization and impacted African-American and labor history.

In 1879, George Pullman, the man who gave America the luxurious Pullman railcar, built his factory and America’s first “company town” on the Far South Side of Chicago. Continue reading

Emanuel: Chicago needs a ‘21st century’ infrastructure

By Matt Yurus

Campaigning before the City Club of Chicago’s guests and members, Mayor Rahm Emanuel said that Chicago needs a “21st century foundation” to maintain a “21st century economy.”

Emanuel’s speech, which was his fifth and final speech concerning his agenda for a second term, called for continued investment in Chicago’s infrastructure. More than $7 billion have already been invested in infrastructure under Emanuel’s administration. Continue reading

Garcia to voters: My ‘priorities very different’ from Emanuel’s

By Matt Yurus

Speaking before Karen Lewis and other city leaders at City Club of Chicago Tuesday, mayoral candidate Jesus “Chuy” Garcia reminded voters that his “priorities are very different from those of Mayor Rahm Emanuel.”

Garcia argued that his plans for education, policing and financial reforms would bring steady improvements to Chicago. His tone was cautiously optimistic, acknowledging that these reforms would take time.

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