chicago

DynaClean Food Processing Conveyors on Display for First Time at Process Expo in Chicago

Dynamic Conveyor will display the DynaClean™ line to the food processing industry at Process Expo in Chicago for the first time




chicago

Crete United Expands Service Area and Adds Plumbing Capabilities to the Chicago-area with Hartwig Mechanical

Hartwig Mechanical service extends to Northern Illinois, the North Side of Chicago and Southern Wisconsin.




chicago

Chicago Transit Board Approves CTA’s 2025 Budget

The Chicago Transit Board today approved the Chicago Transit Authority’s $2.16 billion operating budget for 2025, a strategic plan designed to maintain current fares, enhance bus and rail services beyond pre-pandemic levels and support continued investments in infrastructure and technology. The budget aims to further elevate the transit experience by prioritizing investments that address what’s most important to our riders, including system security, accessibility, reliability and safety.




chicago

Ken Griffin takes a 44% loss selling 2 Chicago penthouses he never lived in as he moves to Florida

The billionaire hedge funder sold two luxury condos for $19 million after paying about $37 million. He's going all in on Florida real estate instead.




chicago

Chicago Blackhawks' Andreas Athanasiou Clears Waivers, Sent To Rockford

Athanasiou has one year remaining on his contract with the Blackhawks




chicago

Carolina Hurricanes Assign Riley Stillman To Chicago Wolves

26-year-old recorded six points in 47 game with the Rochester Americans last season




chicago

Dallas - Business Forecast Luncheon 2005 (The University of Chicago)


Today the University of Chicago held its Business Forecast 2005 at the Mansion on Turtle Creek in Dallas. Excellent talks. Prognosticators were:

Robert Z. Aliber Professor of International Economics and Finance Emeritus, Chicago GSB. Director, Center for Studies in International Finance. Formerly Senior Economic Advisor, Agency for Economic Development, U.S. Department of State.

and

Harvey Rosenblum Senior Vice President and Director of Research of the Federal Reserve Bank of Dallas. Economic Policy Advisor to the president of the Federal Reserve Bank of Dallas. Associate Economist for the Federal Open Market Committee.

My key notes from Harvey Rosenblum's talk (my key takeaways: be thankful, be wary):

  • Shocks that happened since the late 90s - surprised they haven't sent us into a deep depression
  • Y2K overspending and then drop in spending
  • Loss of wealth due to stock market crash
  • 2001 World Trade Center
  • 2001 Corporate scandals (Enron, MCI, etc.) drove up cost of capital
  • Sarbanes-Oxley caused unintended consequences where all public companies now have to bear significant costs of implementing S-O compliance, etc. where only 2% of public companies may have problems
  • Iraq war
  • It is surprising we (United States) are not in a depression
  • Credits attributed to good monetary policy and fiscal policy
  • Additionally deregulation has provided the US markets with flexibility to weather these shocks
  • Growth 3-4%, inflation low, unemployment dropping
  • President Bush, while Time's Man of the Year, didn't get enough credit for just in time fiscal policy
  • Long bond rate "conundrum" exists, but the economy appears to be in a zone of price stability
  • Interest yield curves are flat, but history shows that if these tip then 1 year after that there will be a recession
  • Need to watch yield curve. Some concern if Fed follows historical raise rate policies there will be problems.

My key notes from Robert Aliber's talk (my key takeaways: international policy is biggest issue, trade deficit bigger concern than budget deficit, international shocks translate into the United States importing issues as the trade deficit):

  • $600 billion hole is trade deficit
  • 25 year slide of US dollar against Yen & Swiss (which basically means Europe)
  • Thus, we have sharp slide of dollar yet the trade deficit is increasing?? (rarely happens)
  • Perspective on why this is happening. When financial crisis occurs in other countries, it shows up as an import to our trade deficit (i.e., our deficit grows)
  • China's investment boom slowing because of evergreen finance (essentially loans being made, accruing interest, but funny money since no one is paying interest)
  • Going to be a problem in the future.
  • Turning back to international trade as a whole (not specific to China), the asset price bubble may burst if US puts in import controls.
  • Housing market may have some issues. Did we see the Las Vegas numbers?

One question I had in my mind after this talk was that I understood venture capitalists in the States to be eager to do deals in China. That said, given what I heard today, I would be wary of the propsect of things going south for investments in China in a timeframe that would be shorter than the investment horizon of a VC.

Steve Shu
Managing Director
S4 Management Group
Email: sshu@s4management.com
Web: http://www.s4management.com




chicago

VINITALY.USA READY TO MAKE ITS DEBUT: FIRST EDITION OCTOBER 20 & 21 IN CHICAGO WITH 230 COMPANIES AND 1650 LABELS FOR TASTING

The Italian flag will be raised at the Navy Pier in Chicago 20-21 October for the debut of Vinitaly USA. This is the first Italian wine trade fair format in the United States organized by Veronafiere and Fiere Italiane with the support of ITA, the Italian Trade Agency.




chicago

Chicago Bears sign restricted free agent tight end Josh Hill to an offer sheet

The Bears have signed restricted free agent tight end Josh Hill. The New Orleans Saints have five days to match the offer.




chicago

Chicago Motor Speedway

The Chicago Motor Speedway at Sportsman's Park located in Cicero, Illinois, just outside of Chicago, was built in 1999 by a group including Chip Ganassi, owner of Chip Ganassi Racing. In 2002 the 1.029-mile (1.656 km) oval shaped track suspended operations due to financial conditions in the motorsports industry. The track was also the site of horse races, when the track was called "Sportsman's Park". The track was one of two racetracks that hosted both auto and horse races (the other is Dover International Speedway).

http://en.wikipedia.org/wiki/Chicago_Motor_Speedway





chicago

Chicago Steak Company - Get 12 Free Burgers, Free Se...

Get 12 Free Burgers, Free Seasoning and Free Shipping on Orders of $99+.




chicago

Kenya: Chepngetich Smashes World Marathon Record in Chicago With 2:09:56

[This Day] Kenya's Ruth Chepngetich took almost two minutes off the world record at the Bank of America Chicago Marathon, winning the World Athletics Platinum Label road race in 2:09:56 on Sunday (13).




chicago

Kenya: Running for Kiptum - Kenyans Looking to Dominate Chicago Marathon in Honour of Fallen Champion

[Capital FM] Nairobi -- Kenyan athletes lining up for Sunday evening's Chicago Marathon are looking to earn success in dedication to the late World Record Holder Kevin Kiptum, who died early this year in a road accident in Iten.




chicago

Rhone Family Vacation - Chicago to Belize 2012



Thanks to the Rhone family who visited Belize in December 2012 and took all these fantastic photos.



31/12/12

We had such a great time, which sounds like such a cliché. All of us have needed a vacation for a long time. Getting out of Chicago was just the thing we needed. 

Thank goodness for Lucas & Aidan…I don’t know what my girls would have done without them. 

Great food, great people, great adventures…until we meet again!

Hollis, Sarah, Ross & Lauren Rhones, Chicago
 





chicago

How will Donald Trump’s plans for education affect Chicago Public Schools? - Chicago Tribune

  1. How will Donald Trump’s plans for education affect Chicago Public Schools?  Chicago Tribune
  2. Trump pledged to close the Education Department. What would that mean?  The Washington Post
  3. Could Donald Trump eliminate the Department of Education?  WCNC.com
  4. So You Want To Abolish The Department Of Education? Here’s What You Need To Know.  Forbes




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NASCAR and Local News Drive Chicago, IL Viewing




chicago

The Farmer in the Dell (in Chicago) - Part 2

Since it is well known that he is a priest from the "Old Country," Fr. Joseph may want to be careful about offending the Farmer in the Dell or Mr. MacDonald. (This is Part 2, from Christ the Savior Church, Chicago.)




chicago

Met. Kallistos Coming to Chicago!

Dr. Brad Nassif is our guest to talk about an opportunity to hear Met. Kallistos Ware at North Park University in Chicago February 22-23.




chicago

Free-falling Chicago Bears fire offensive coordinator Shane Waldron

The Chicago Bears fired offensive coordinator Shane Waldron on Tuesday, hoping to shake up a unit that ranks among the worst in the NFL.





chicago

Trowel Talk: Chicago's Famed Palmer House

I recently had the opportunity to revisit Chicago, the home of one of my personal heroes, Byron Dalton. To most in the industry today, the name Dalton has little or no significance. But to some of us older die-hard plastering fanatics, Dalton could be considered the American patriarch of the plastering trade.




chicago

Mars Opens Snacking Research and Development Hub in Chicago

As Mars looks to double its Snacking business in the next decade, the new facility will give Mars' 300 R&D Associates in Chicago runway to create and refine new products for the company's multi-billion-dollar snacking portfolio before they are scaled at large around the globe.




chicago

Mars Breaks Ground on Global Research and Development Hub in Chicago

Mars Wrigley broke ground on a new, best-in-class, global research and development hub adjacent to the company's existing Global Innovation Center on Goose Island. Leaders from Mars as well as key Chicago stakeholders, including Michael Fassnacht, CEO, World Business Chicago, and Alderman Walter Burnett Jr., gathered together to commemorate the milestone for the company.




chicago

CHICAGO - Yemeni Dinner Do - Wed Dec 18

I was out in SoCal this past weekend and had a really enjoyable meal at a Yemeni restaurant. I enjoyed so much that I've done a bit of research for Yemeni restaurants in Chicago and found a few that look worth trying out. We'll do our usual...




chicago

R. Kelly ordered jailed on $1M bond at Chicago hearing

A judge on Saturday gave R. Kelly a chance to go free while the R&B star awaits trial on charges that he sexually abused four people, including three minors, in a case that seemed likely to produce another #MeToo reckoning for a celebrity.




chicago

R. Kelly charged with 11 new sex-related crimes in Chicago

Prosecutors in Chicago have charged R&B singer R. Kelly with 11 new sex-related counts, including some that carry a maximum sentence of 30 years in prison.




chicago

R. Kelly arrested again in Chicago on federal sex charges

Singer R. Kelly, already facing sexual abuse charges brought by Illinois prosecutors, was arrested in Chicago Thursday on a federal grand jury indictment listing 13 counts including sex crimes and obstruction of justice.




chicago

Music Studies Colloquium: Jennifer Iverson (University of Chicago), March 7, 2025

Jennifer Iverson (University of Chicago) Title and description TBA A reception will follow.




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Catina Latham, PhD, named UChicago Medicine's new Senior Vice President for Community Health Transformation and Chief Equity Officer

Catina Latham, PhD, will succeed Brenda Battle as UChicago Medicine's Senior Vice President for Community Health Transformation and Chief Equity Officer




chicago

Six-Year-Old From Tennessee Meets His Hero: A Thoracic Surgeon From Chicago Who Helps Cancer Patients

At six years old, Luke Bucciarelli (pronounced BOO-cha-relli) already knows he wants to be a surgeon when he grows up. But not just any surgeon - a thoracic surgeon; someone who operates on organs in the chest, including the lungs, esophagus, trachea and heart.




chicago

Publican Quality Bread defines artisan baking in Chicago

Some people place such a high emphasis on quality that they hang their shingle on it, like Publican Quality Bread has in Chicago. Just bite into any of the signature artisan breads the bakery distributes to restaurants throughout the city and you'll have all the personal experience you need to define quality bread for yourself.




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IFT 2013 hopes to wow Chicago

The show will again offer the industry’s largest collection of food ingredients, equipment, packaging and service, with more than 1,000 exhibitors gathered under one roof.




chicago

Chicago Specialty Bakers brings Old World baked goods to life

Chicago Specialty Bakers brings traditional, Old World baked goods to life for today’s discerning consumers.




chicago

Chicago’s cheesecake at its finest

The one and only Eli’s Cheesecake, considered a Chicago food icon, could be the largest specialty cheesecake bakery in the country




chicago

Chicago Faucet Co. names new Milwaukee Training Center after former president and CEO

Andreas Nowak dedicated 19 years of service to both Geberit and the Chicago Faucet Co., leaving a lasting impact through his visionary leadership.




chicago

Chicago countertop manufacturer faces $1M in penalties for silica dust violations

The company is accused of failing to protect workers from dangerous silica dust, leading to serious health issues.




chicago

Magid Glove & Safety named a winner of The Chicagoland Top Workplaces Award

With close to 100,000 licensed businesses in the City of Chicago alone, Magid was one of only 196 businesses to make this list.




chicago

West Chicago Family Owned Crystal & Gift Store Reopens Bigger & With A New Look

Wellness Center is almost doubling their retail store footprint to make room for more beautifully curated merchandise and the expansion of wellness center services and community events.




chicago

Chicago gynecologist Teresa Tam named a Castle Connolly Top Doctor

Maria Teresa Tam, MD, has been recognized as a 2023 Castle Connolly Top Doctor — the first time she has received the prestigious Top Doctor honor.




chicago

Keynote announcement: CMS panel to present at upcoming Risk Adjustment Forum in Chicago

RISE is excited to announce that three representatives from the Centers for Medicare & Medicaid Services' Consumer Information and Insurance Oversight Financial Management Group will kick off the second day of the Risk Adjustment Forum, May 11.




chicago

MFI-Miami Launches Chicagoland Foreclosure Defense

Internationally recognized mortgage fraud investigation firm MFI-Miami has teamed up with the Weiss Ortiz law firm to create the ultimate Chicagoland foreclosure defense team to fight Chicagoland foreclosures. Call 888.737.6344 to learn more!




chicago

US SUSTAINABLE INVESTMENT COMMUNITY TO GATHER AT US SIF CHICAGO FORUM IN JUNE

US SIF, the voice of sustainable investment in the US, will hold its Forum 2024 in Chicago on June 24-26.




chicago

Bodaq Finishes to Exhibit at Chicago Build Expo 2024

Bodaq Finishes, a leading provider of innovative interior film solutions, is excited to announce its participation in the upcoming Chicago Build Expo 2024.




chicago

Chicago Dumpster Rental Experts at Trash Daddy Dumpster Rental – Chicago Announce Achieving 1000 5 Star Reviews

Chicago dumpster and roll-off rental by Trash Daddy Dumpster Rental – Chicago has recently accomplished getting over 1000 5-star reviews for their many locations across multiple platforms including Google, Nextdoor, Yelp, Apple Maps and others.




chicago

Bee Line Support Announces New Healthcare Cleaning Services in Chicago, Indiana, and Milwaukee Areas

New comprehensive cleaning services will provide exceptional patient care and safety to hospitals and healthcare facilities.




chicago

Skin, Bones, Hearts & Private Parts Hosts Chicago, Illinois CME Conference in Primary and Specialty Care Settings

Continuing Medical Education for Nurse Practitioners, Physician Assistants & Physicians




chicago

Skin, Bones, Hearts & Private Parts Hosts Chicago, Illinois CME Conference in Primary and Specialty Care Settings

Continuing Medical Education for Nurse Practitioners, Physician Assistants & Physicians




chicago

College HUNKS Hauling Junk and Moving® Continues Chicago Expansion, Opens in Arlington Heights




chicago

Plumbing Pipe Advocate Urges a Plumbing Company That Does Repipes in Chicago or Any Major US Metro Area to Get Serious About Residential Repipes-They Should Not be a Homeowner Internet Nightmare

If a plumbing company in a major US metro would like to expand their repipe business, they are welcome to call the Plumbing Pipe Advocate at 866-714-6466. The conversation will include website first impressions-as well as generating more customers.