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2018年12月31日 星期一

U.S. markets 2018 decline worst in a decade

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Chicago Tribune
Dec 31, 2018
 BREAKING NEWS 

Ending a tumultuous year, the U.S. stock market finishes with its worst annual decline since 2008

Monday, December 31, 2018, 4:11 PM CT
U.S. markets trimmed 2018 losses in a Monday rally, but it was not enough to prevent the worst yearly decline for stocks since 2008. All three major indexes finished in the red.

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Happy 2019 and other news from The Spin.

A quick take on what's happening in local politics, delivered weekday afternoons.

Chicago Tribune

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December 31, 2018

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THE SPIN

Happy New Year. The first few weeks of 2019 will be busy ones, so approach tonight's parties accordingly.
The new Congress gets sworn in Thursday. The 101st class of state lawmakers takes the oath in Springfield on Jan. 9. And Democratic Gov-elect J.B. Pritzker takes over Jan. 14.
But first, the state has more than 250 new state laws taking effect in a few hours.
Welcome to The Spin.

1

Resolve to not break the law

From the Tribune's Mike Riopell: "Some take on serious issues such as the safety of children, sexual harassment or synthetic marijuana that led to multiple deaths in 2018. Another abolishes a task force on farmers markets that hasn't met in two years."

"In all, more than 250 new state laws take effect Jan. 1. The final batch of new laws imposed under outgoing Republican Gov. Bruce Rauner run the gamut from technical corrections in laws that will have little effect on people's daily lives to requiring parents of young children to keep them in rear-facing car seats longer." Learn more about them here.

2

Looking back at 2018

One of those new laws requires children to ride in rear-facing car seats until they're 2 years old, weigh 40 pounds or are 40 inches tall, making recommendations from child-safety advocates into Illinois law. Full story.

3

Ja'Mal Green drops bid for Chicago mayor

From Gregory Pratt: "Black Lives Matter activist Ja'Mal Green announced Monday he's dropping out of the Chicago mayoral race, which will bring the official count of candidates to 17. Green had filed a motion to withdraw and also to pursue a write-in candidacy last week, a Chicago Board of Elections spokesman said. But at a news conference Monday, Green said he's dropping out and hasn't yet decided who he will endorse." Read the full story here.

4

Chicago violence down again

From the Tribune's Rosemary Sobol and Hannah Leone: "For the second year in a row, the number of homicides and shootings in Chicago dropped by double-digit percentages in 2018, though some neighborhoods on the West and South sides continue to bear the brunt of gun violence as they have for decades."

"Homicides dropped by 15 percent, shootings by 18 percent, according to data kept by the Tribune. That continues a trend from 2016, when violence reached levels not seen since the 1990s." Here's the full story.

"Are we where we want to be? Of course not," Chicago police Superintendent Eddie Johnson told the Tribune. He attributed the progress over the last year to improved technology, more federal involvement in investigations of gun crimes and continued efforts to rebuild community trust.

Meanwhile, Chicago homicide "clearance rates have fallen to embarrassing lows, some 20 points below national averages and far beneath other big cities such as New York and Los Angeles." Read the full story from the Tribune's Annie Sweeney and Jeremy Gorner here.

5

Bears bets?

The Bears' upcoming playoff appearance against the Philadelphia Eagles will give leaders in each city a chance to partake in the most tired of sports and political traditions: Wagering on the outcome by betting local favorites.

Maybe this won't get going until either team makes it deeper in the playoffs. But let's get in front of this: We don't want to win a cheesesteak in a bet. Our beef sandwiches here are plenty good, thanks.

In the meantime, here are 10 takeaways from Sunday's Bears win from the Tribune's Brad Biggs.

6

Odds and ends

* Democratic U.S. Sen. Elizabeth Warren moves closer to running for president in 2020.

* Chicago is getting a big new fireworks display for New Year's Eve. Here's where to watch it.

* Here's what will mess with your commute in 2019.

 

Your commute in 2019 | O'Hare's 'people mover' to shut down until fall | Sears chairman pieces together bid

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Chicago Tribune

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December 31, 2018

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Working Lunch

Here's what will mess with your commute in 2019

Monday, Dec 31

The CTA, Metra and Pace voted to hold off on fare hikes. But the region can look forward to road construction and political wrangling over a possible infrastructure bill.

O'Hare 'people mover' will shut down completely until the fall

O'Hare International Airport's Automated Transportation Service, better known as the people mover, will completely shut down starting next week for modernization and extension.

Sears chairman pieces together bid to acquire the bankrupt retailer

Sears chairman Edward Lampert moved Friday to throw a lifeline to the bankrupt retailer even as the company announced plans to close 80 more stores, including two in Illinois.

Carson's planned return to Orland Park welcomed by officials

Plans for Carson's to return to Orland Park in a vacant furniture store are being welcomed by village officials.

Tribune Publishing continues investigation of malware attack as some processes still affected

Tribune Publishing delivered Sunday print editions of its newspapers in markets across the U.S., despite lingering issues from a malware attack

Business newsletter news: Working Lunch will not be working Tuesday

The Working Lunch newsletter, usually delivered weekdays around noon, will not be published Tuesday, New Year's Day. It will return Wednesday.