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>> CHICAGO Latest News

57 MINS AGO - Reuters

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Closing of Chicago trading pits: a requiem for family ties

CHICAGO (Reuters) - Thomas Cashman was not long out of law school when his dad, Tom, brought him to the Chicago Board of Trade soybean pit in 1994. The two spent the next 10 years trading side by side, until Thomas moved upstairs to begin trading on computer screens.

Tags: Closing of Chicago trading pits: a requiem for family ties,  Chicago Latest News

7 HOURS AGO - San Francisco Chronicle

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Man sought in Tulsa motel shooting arrested in Chicago

Tulsa police homicide Sgt. Dave Walker said in a news release that the suspect's girlfriend was arrested Wednesday and faces a charge of accessory after the fact. According to police reports, Gilmer was shot after a dispute during a party moved outside.

Tags: Man sought in Tulsa motel shooting arrested in Chicago,  Chicago Latest News

10 HOURS AGO - Newsmax

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Chicago Schools Cut 1,400 Jobs as State Weighs Pension Fix

Chicago Public Schools will eliminate 1,400 positions as the district cuts $200 million in spending amid a pension-driven crisis. Mayor Rahm Emanuel on Wednesday called the cuts "intolerable" and "unacceptable" for the nation's third- largest school system.

Tags: Chicago Schools Cut 1,400 Jobs as State Weighs Pension Fix,  Chicago Latest News

15 HOURS AGO - New York Times

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A Call to Revise How Chicago Funds Teacher Pensions

Amid deep cuts in school budgets and jobs, Mayor Rahm Emanuel said teacher pensions need to be funded differently.

Tags: A Call to Revise How Chicago Funds Teacher Pensions,  Chicago Latest News

16 HOURS AGO - CBS News

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Chicago mayor: Schools to open on time despite massive cuts

The nation's third largest school district to eliminate 1,400 jobs, scale back maintenance and cut transportation

Tags: Chicago mayor: Schools to open on time despite massive cuts,  Chicago Latest News