Feb
06

Chicago sees surge in foreclosure auctions

More than 35,000 homes and small multifamily buildings in the Chicago area completed the foreclosure process last year, the...
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Feb
05

Fast-moving snow band hitting area, may slow evening commute

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Dell to go private in landmark $24.4 billion deal

SAN FRANCISCO/NEW YORK (Reuters) - Michael Dell will take Dell Inc private for $24.4 billion in the biggest leveraged buyout since the financial crisis, a deal that allows the billionaire chief executive to attempt a revival of his struggling computer company without Wall Street scrutiny. The deal, which requires shareholder approval, would end a 24-year run on public markets for a company...
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Her knee shredded, Lindsey Vonn done for season

SCHLADMING, Austria (AP) — All it took was a moment. Lindsey Vonn landed hard and tumbled face first with a piercing shriek.Just like that, the star American skier was on the ground with two torn ligaments in her right knee and a broken bone in her lower leg.The cascading fall down the slope during the super-G at the world championships Tuesday knocked out the four-time World Cup champion for the...
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Disney working on standalone 'Star Wars' films

LOS ANGELES (AP) — Disney is mining The Force for even more new films.Walt Disney Co. CEO Bob Iger says screenwriters Larry Kasdan and Simon Kinberg are working on standalone "Star Wars" movies that aren't part of the planned new trilogy.Iger told CNBC on Tuesday that the standalone movies will be based on "great 'Star Wars' characters that are not part of the overall saga." The films would be released...
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Deficit hits 5-year low, but cuts drag economy

WASHINGTON -- The federal deficit will drop to less than $1 trillion for the first time in five years, but massive spending...
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Feb
04

Alabama hostage standoff ends with gunman dead, boy safe

MIDLAND CITY, Ala. -- A man who killed a school bus driver and then held a 5-year-old boy hostage in an underground bunker in...
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Dell closer to buyout as price talks narrow: source

NEW YORK (Reuters) - Dell Inc moved closer to a nearly $24 billion buyout deal, with price negotiations narrowing to $13.50 to $13.75 a share in what would be the biggest leveraged buyout since the financial crisis. Talks between Dell, the world's No. 3 computer maker, and a consortium led by its founder and chief executive, Michael Dell, to take the company private were in the final...
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Cause of Super Bowl power outage remains unclear

NEW ORLEANS (AP) — Who turned out the lights?The day after the 34-minute blackout at the Super Bowl, the exact cause — and who's to blame — were unclear, though a couple of potential culprits had been ruled out.It wasn't Beyonce's electrifying halftime performance, according to Doug Thornton, manager of the state-owned Superdome, since the singer had her own generator. And it apparently wasn't a case...
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Bullying study: It does get better for gay teens

CHICAGO (AP) — It really does get better for gay and bisexual teens when it comes to being bullied, although young gay men have it worse than their lesbian peers, according to the first long-term scientific evidence on how the problem changes over time.The seven-year study involved more than 4,000 teens in England who were questioned yearly through 2010, until they were 19 and 20 years old. At the...
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