Business
The city is buying and rehabbing foreclosed properties. Diane Eastabrook of the Chicago bureau of Nightly Business Report examines whether people will actually buy those properties in neighborhoods where foreclosure has become an epidemic.
On tonight's edition: the jury deliberates as the Blagojevich brothers wait. In politics, gubernatorial candidates Pat Quinn and Bill Brady spar over possible increases in real estate and income taxes. We take a closer look at a Chicago Sun-Times series on the toll of violence in Chicago, including the rising body count and the fact that communities are remaining silent. And in sports, baseball's trade deadline, the Blackhawks' money problems, and the red-hot White Sox.
Guests:
We have new revelations from the Chicago News Cooperative about the deal that privatized parking spaces in Chicago.
Can production of the Ford Explorer in Chicago and the creation of 1,200 jobs bring Chicago's unemployment rate under 10 percent? Kris Kridel joins us to talk about Ford's announcement and other business headlines.
On tonight's edition: Rod Blagojevich's defense team rests without putting one witness on the stand, including the former Governor himself; another Chicago police officer is killed -- the third in two months -- as he was washing a new car outside his Park Manor home; despite a promise of more police and no new taxes, Mayor Daley's popularity falls to a new low in a Chicago Tribune poll; the city digs deep into its financial reserves, leaving just $180 million from the controversial billion dollar parking meter lease deal; and Chicago-area construction resumes as the labor strike is settled.
In a controversial move a year and half ago, the City of Chicago leased its parking meters for more than $1 billion. The windfall was supposed to be a long-term asset, but it's now being reported that the money is almost gone. Eddie Arruza and his panel take a look at what this means for the city's finances.
Illinois-based company Motorola struck a major deal to sell a sizable portion of its business. Kris Kridel joins us to talk about the deal Motorola hopes will improve its profit share, and other business headlines.
With more than 1 million iPads already sold, what does this mean for the magazine industry? We talk with a panel of experts to discuss the new digital magazine era, and whether we all will be reading periodicals on a tablet sooner than we think.
Zinio
He may look right at home in the jungle, but Tarzan is really from Oak Park, and the man who played him in the movies went to Lane Tech. Geoffrey Baer looks at what's born and made in Chicago.
Watch part one of "Made in Chicago"
On tonight's edition of Chicago Tonight: The Week In Review: The prosecution wraps up its case against Rod Blagojevich early -- the secretly recorded tapes are titillating, but are they strong enough to convict? Campaign advertising is heating up with tough ads, including one portraying Bill Brady as anti-woman and another asking if you'd trust Alexi Giannoulias with your money. Hugh Hefner is trying to take Chicago's iconic Playboy private as other suitors are in hot pursuit.
President Obama is ready to sign into law the most sweeping financial regulatory reform measure since the Great Depression. The Chicago News Cooperative's Jim Kirk joins us to go through the overhaul.
Eddie Arruza tells us about one of the few remaining manufacturing plants in the city, which has been striving to be green for almost 50 years.
PortionPac
The Hard Times Guide to Retirement Security
The author of The Hard Times Guide to Retirement Security shares some practical strategies for money, work and living.
The Oscars are handed out in Hollywood, but the statuettes are made in Chicago. That's just one of dozens of well-known things invented or manufactured here. Geoffrey Baer goes in search of some American icons that are made in Chicago.
Hugh Hefner wants to cover up Playboy and take it private, but he is facing some opposition from Penthouse. WBBM Newsradio 780's Kris Kridel joins us to talk about the ensuing bidding war, along with the week's other business headlines.
Joel Weisman and his panel look at the week's top headlines: LeBron James disappoints Bulls fans by choosing Miami; Governor Quinn doles out raises to 35 staffers while cutting $1.4 billion in education and social services spending; undercover tapes catch Rod Blagojevich ripping Illinois voters; the CTA will get $35 million to speed downtown travel and service between the Loop and the South Side; and in other sports, it looks like the red hot White Sox will lose their pitching star Jake Peavy for the season due to a detached chest muscle.
Guests: