CTA to spend $2B for rail-car upgrade

Commuters wait to board a CTA Red Line train at the Belmont Street station in Chicago last December. ...

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Dell to go private in landmark $24.4 billion deal

SAN FRANCISCO/NEW YORK (Reuters) - Michael Dell struck a deal to take Dell Inc private for $24.4 billion in the biggest leveraged buyout since the financial crisis, partnering with the Silver Lake private equity firm and Microsoft Corp to try to turn around the struggling computer company without Wall Street scrutiny. The deal, which requires approval from a majority of shareholders excluding...

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Critics seek to delay NYC sugary drinks size limit

NEW YORK (AP) — Opponents are pressing to delay enforcement of the city's novel plan to crack down on supersized, sugary drinks, saying businesses shouldn't have to spend millions of dollars to comply until a court rules on whether the measure is legal.With the rule set to take effect March 12, beverage industry, restaurant and other business groups have asked a judge to put it on hold at least until...

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Boy band The Wanted sign on for E! reality series

NEW YORK (AP) — The Wanted is trying to keep it real: The boy band has signed on to do a reality series on E!The British fivesome announced Wednesday that their show will debut in June. A press release said the behind-the-scene series will be "unvarnished" and "nonglossy."The Wanted broke onto the U.S. music scene with the Top 5 hit "Glad You Came." They dropped their self-titled U.S. debut EP last...

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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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Chicago commute one of nation's most unpredictable: study

Traffic congestion in Chicago is amongst the worst in the nation. (WGN - Chicago) You can predict with a high degree of confidence...

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Dell to go private in $24.4 billion deal

(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 officer to revive the fortunes of his computer company without Wall Street scrutiny. The deal - announced on Tuesday and financed with cash and equity from Michael Dell, cash from private equity firm Silver...

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Vonn hospitalized after crash in super-G at worlds

SCHLADMING, Austria (AP) — Lindsey Vonn crashed and apparently hurt her right knee during a super-G at the world championships Tuesday and was taken to a hospital by helicopter.Austria's ski federation president says doctors told him that Vonn tore her cruciate and lateral ligaments. Peter Schroecksnadel adds that this is "the only injury she has, nothing besides this."The U.S. team gave no immediate...

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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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Queen Latifah production co. strikes Netflix deal

NEW YORK (AP) — Queen Latifah's production company, Flavor Unit Entertainment, has signed a deal with Netflix.The entertainer announced Tuesday that the multiyear deal gives the streaming service first look at titles from her production company. It starts this spring.Latifah launched Flavor Unit in New Jersey with Shakim Compere. It's now based in Miami. The company has produced films such as "Bringing...

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