Bruce Rauner is a private-equity executive running for governor of Illinois who wears an $18 watch and a Carhartt vest as he discusses how he’ll shake up government. That’s what viewers see in television ads promoting the political novice in tomorrow’s Republican primary.
Classified Ventures LLC, the media company backed by five newspaper publishers including Gannett Co. and McClatchy Co., is working with Moelis & Co. to seek a sale of its Cars.com website, said a person with knowledge of the matter.
Tribune Co.’s proposed spinoff of its newspapers will probably happen by midyear, allowing time to vet candidates to run a business that includes the Los Angeles Times and Chicago Tribune, people with knowledge of the matter said.
Chicago Tribune, the flagship newspaper of bankrupt Tribune Co., said it would close its Rome bureau and reduce the number of employees in Jerusalem as part of a previously announced plan to lower expenses.
Chicago is now the city of big debt, where each of its 2.7 million residents -- from infants in diapers to senior citizens on fixed incomes -- is on the hook for about $20,000 in long-term pension promises and bond obligations. Like the relentless snow clogging the city’s streets, it just keeps piling up.
Northwestern University football players seeking to form the first union of college athletes have so far presented a weak case that they are employees of the school, the National Labor Relations Board officer presiding over the hearings said.