DaJuan Martin, 36, was charged in Chicago’s federal court Monday with 12 counts of wire fraud stemming from the alleged fraud scheme. A second man, 46-year-old Ned Brooks, was also charged with four counts of wire fraud after he allegedly purchased several of these fraudulent vouchers.
Business
Southwest Employee at Midway Charged With Creating, Selling Nearly $2M Worth of Fake Travel Vouchers
Building a stadium on the former Arlington Heights racetrack “is no longer our singular focus,” said Scott Hagel, the Bears senior vice president of marketing and communications.
The nation’s employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and evidence of enduring strength in an economy that the Federal Reserve is desperately trying to cool.
A judge’s ruling could force Chicago officials to issue the final permit sought by the parent company of General Iron to operate a metal shredding and recycling operation on Chicago’s Southeast Side.
The alert comes several weeks after the failure of Silicon Valley Bank, Signature Bank and First Republic Bank, which all experienced bank runs after fearful customers with uninsured deposits pulled their money en masse.
“This was one of the silver linings to come out of the pandemic,” Ald. Matt Martin (47th Ward) said.
Restaurants, bars and cafes would be allowed to serve customers outdoors permanently under a plan backed by Mayor Brandon Johnson. The plan would make the rules designed to help restaurants stay afloat amid the COVID-19 pandemic an enduring part of Chicago’s food scene.
The 24 million packages UPS ships on an average day amounts to about a quarter of all U.S. parcel volume, according to the global shipping and logistics firm Pitney Bowes, or as UPS puts it, the equivalent of about 6% of nation’s gross domestic product.
Mayor Brandon Johnson has instructed the city’s budget office to find ways to fund youth unemployment and enrichment programs — and according to a new study by UIC’s Great Cities Institute, those jobs are critically needed.
Sam Zell, a Chicago real estate magnate who earned a multibillion-dollar fortune and a reputation as “the grave dancer” for his ability to revive moribund properties has died due to complications from a recent illness. He was 81.
Since the pandemic struck three years ago, the average new vehicle has rocketed 24% to nearly $48,000 as of April, according to Edmunds.com. Typical loan rates on new-car purchases have ballooned to 7%, a consequence of the Federal Reserve’s aggressive streak of interest rate hikes to fight inflation.
A study by the Kapor Center and the NAACP finds that between 2014 and 2021, there was only a 1% increase in Black representation within technical roles at large tech companies.
Several forces are pushing chains out of some city centers: a glut of stores, people working from home, online shopping, exorbitant rents, crime and public safety concerns, and difficulty hiring workers. To reinvent downtown retail, drastic changes may be required.
Federal regulators approved the merger of Canadian Pacific and Kansas City Southern in March, which would create a new route linking Mexico, the U.S. and Canada. The company plans to run an additional seven to eight trains each day along tracks shared by Metra’s Milwaukee District West line.
Prices increased 0.4% from March to April, the government said Wednesday, up from a 0.1% rise from February to March. Compared with a year earlier, prices climbed 4.9%, down slightly from March’s year-over-year increase.
The compensation would be in addition to ticket refunds when the airline is at fault for a flight being canceled or significantly delayed. It would give consumers in the United States protections similar to those in the European Union.