Word: chicago
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Dates: during 2000-2009
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...uniformed workers are stacking pineapples into neat rows across from bundles of fresh mustard greens, tamarind pods and nopalitos - sliced cactus ears common in Mexican dishes. In much of the country, Farmers Best Market would not be an extraordinary sight. But here on 47th Street, a gritty stretch of Chicago's South Side flush with Golden Arches and purveyors of Colt 45 Malt Liquor, the store is an oasis. It's also raising an intriguing proposition: Can an inner-city supermarket profitably specialize in fresh produce and meats - and, ultimately, be a model solution to urban America's health crisis...
...Miami On Third Try, Conviction in Terrorist Plot After three years and two mistrials, a federal jury convicted five Miami-based men of conspiring to blow up the Sears Tower, Chicago's landmark skyscraper, in 2006. Ringleader Narseal Batiste, who was captured on tape swearing allegiance to al-Qaeda and threatening to "kill all the devils," faces up to 70 years in prison. He was the only suspect convicted on all charges--one was fully acquitted and one exonerated in a previous trial--in a protracted case that some experts said lacked convincing evidence. Defense lawyers vowed to appeal...
...that are influenced by the notion that our economy needs to be "competitive" when stacked up against other countries'. "If you talk about competitiveness you tend to fall into a football way of thinking," says Deirdre McCloskey, a professor of economics and English at the University of Illinois at Chicago who has studied the use of rhetoric in economics. The goal of competition is winning. If we want to win, then maybe we need to start helping industries that haven't done a very good job of competing on their own. Automobiles, anyone...
...want to know whether the banking crisis is in the third inning or the ninth, consider Corus Bankshares. The Chicago regional bank has made just over $4 billion in commercial real estate loans. The recently completed government bank stress tests assumed that as many as 12% of all such loans could go bad in the next two years. So Corus is looking at a potential loss of $480 million. How much capital does Corus have to absorb those losses? Nothing. Nada. In fact, Corus is already is the hole for $9 million. Call the failure hotline...
...Michelle's day starts at dawn, when she walks the dog and then hits the treadmill; she's had the same personal trainer for about 10 years, who has relocated to Washington from Chicago. There are no regularly scheduled meetings with her staff and never any meetings before the girls go to school. She tells aides which days she wants to be "on"; she can concentrate all her public events into a couple of days a week, leaving her free to sit in a lawn chair at the soccer field watching the girls play. Then there are the parent-teacher...