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News submitted by Crain's

Cook County on group's list of 'judicial hellholes'

The American Tort Reform Assn. on Tuesday identified Cook County as one of six jurisdictions most unfair for those who are sued.
It was the sixth year the group put out the report; Cook County also was on it in 2005 and 2006. The report, which identified six so-called “judicial…

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Durbin proposal would let judges change mortgages

Bankruptcy judges would be allowed to come to the aid of homeowners facing mortgage foreclosure under a proposal pushed by Illinois Sen. Dick Durbin.

The Senate’s second-highest ranking Democrat planned to put his bill in the spotlight Wednesday at a Senate Judiciary Committee hearing that will include testimony from Nettie McGee, a 73-year-old Chicago woman threatened by foreclosure.

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Department of Homeland Security sues state

The Department of Homeland Security sued the state of Illinois on Monday to block a recently enacted state law that prevents Illinois employers from participating in a new federal citizenship verification program.

Illinois was one of five states with high illegal immigrant populations chosen to launch the federal government’s new “E-Verify” program, a free Web site that allows employers to check whether a job applicant’s Social Security number is valid

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Shareholder wants Sun-Times Media on block immediately

A group of shareholders led by investment manager K Capital Management LLC has urged newspaper publisher Sun-Times Media Group Inc. to immediately put itself up for sale, according to a regulatory filing Thursday.

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Metra board blasts Springfield inaction

(Crain’s)—Showing near-palpable disgust, Metra board members Friday blasted Springfield’s inability to pass a funding plan for the region’s cash-strapped public transit agencies.
Barbed comments represent a sharp departure from local public transit officials’ oft-repeated mantra that they…

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New measure broadens direct wine purchases in

(AP)—Illinois lawmakers have approved a measure that would change how wineries throughout the state can peddle their wares.

If signed into law, the measure passed on Tuesday would broaden the number of wineries from which Illinois consumers can buy directly and improve the variety of

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Chicago has one of top polluted beaches in U.

(AP)—Illinois is among the top five states with the highest frequency of contaminated beaches and Chicago has one of the most polluted beaches in the nation, according to a new report from the Natural Resources Defense Council.
Jackson Park’s 63rd Street Beach in Chicago was cited in the

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O'Hare worst in on-time departures in 1st hal

(Crain’s)—O’Hare International Airport ranked worst in the country for on-time departures among major airports through the first half of 2007, according to the Bureau of Transportation Statistics.
Fewer than 65% of O’Hare departures took off on time through June. Midway International Airport

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New Chicago Fed president announced

(AP)—The Federal Reserve Bank of Chicago announced Monday that Charles Evans will become its next president on Sept. 1.
Evans, 49, is currently senior vice-president and director of research at the regional Fed bank. He joined the Chicago Fed in 1991 and has headed the research department…

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CNA profit hurt by subprime problems, shares

(Reuters)—Commercial insurer CNA Financial Corp. reported lower quarterly earnings on Monday as investment losses increased, partly due to writedowns on bonds linked to subprime mortgages, sending its shares down as much as 12 percent.
CNA, 89 percent-owned by New York conglomerate Loews

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