The U.S. dollar was mostly higher in European trading late Friday after rebounding from yet another new low against the euro. Gold rose.
The euro traded at $1.4803, down from $1.4843 late Thursday. Earlier in the day the euro hit an all-time high of $1.4966. Later, in midday trading in New York, the euro fetched $1.4824.
Other dollar rates in Europe, compared with late Thursday, included 107.89 Japanese yen, down from 108.61; 1.1030 Swiss …
Richard Scheidt, the Chicago firefighter who cradled a lifeless boy in an iconic photograph from the 1958 fire that swept through Our Lady of the Angels School, has died.
"Here was a true hero," said Bill Kugelman, former president of the Chicago firefighters union, who worked on a downtown squad with Mr. Scheidt. "Here was a true servant to the city of Chicago, a guy with heart and a guy who really did his job and lived for the Fire Department."
Surrounded by family and friends, Mr. Scheidt died Monday at his home in Oak Lawn, a day after he was released from a monthlong stay at Advocate Christ Medical Center, relatives …
Back in the "good old days" of Great Depression #1, following Stock Market Crash '29 - years and years - well, at least a galloping few - before my time, the arts took a real financial broadsiding.
Money for spending on painting, sculpture, plays, Broadway musicals wasn't available as it had been during The Roaring Twenties, when my sainted mother was just a kid, and I not a twinkling (or a twihk) in anybody's eye.
"Brother Can You Spare a Dime?" became a second national anthem, and many a poor soul eked out an existence selling carefully polished apples on street corners. The only 'art' that thrived were movies. (Two hours of once-a-month escapism with cartoon. Twelve …
Israeli Prime Minister Ehud Olmert denied fresh accusations that he illegally accepted hundreds of thousands of dollars from a U.S. citizen, but said Thursday night that he will step down if he is indicted.
The latest investigation into corruption allegations involving Olmert has distracted Israel for nearly a week and has the potential to derail delicate peace talks with the Palestinians.
Olmert made his statement in a nationally televised speech from his official residence after a court lifted a gag order in the case. According to police suspicions, Olmert took hundreds of thousands of dollars in illicit contributions from Jewish businessman Morris …
NEW YORK (AP) — Soybean prices are falling as investors anticipate that weather conditions may improve in Argentina, which has had hot, dry weather. Wheat prices also fell.
The March soybean contract lost 12.5 cents or 1 percent, settling at $11.965 Friday.
Recent forecasts have called for rain in the coming days in Argentina, a major producer of soybeans and …
Construction of the world's tallest building at Madison andWells is likely to start next year as the plans passed a zoninghurdle Thursday and are expected to win City Council approval soon.
The Council's Zoning Committee unanimously endorsed the proposed125-story, $500 million Miglin-Beitler Tower, to be completed by1993.
Jack Guthman, attorney for developers J. Paul Beitler and LeeMiglin, said the tower will lock up Chicago's status as home of theworld's tallest building for decades to come.
"This affirms that Chicago is the home of the skyscrapers. Itsends a message loud and clear to the whole world," Guthman said ofthe proposal to build 15 stories higher than Sears Tower, the currentrecord holder.
Guthman said he expects an ordinance authorizing construction tobe introduced in the Council Wednesday and passed early in January.He said construction could start in spring.
A routine package delivery turned into a milestone for a UPS driver in East Texas. Brent Boyd, 51, on Thursday surpassed one million miles on his UPS delivery van, the same vehicle he's driven for 22 years with the company.
The odometer on Boyd's 1987 GMC truck rolled over to all zeros as he began his delivery route near Palestine. He said he's never had an accident with his company vehicle.
Boyd told The Associated Press that his truck's gone through at least three engines and been repainted several times.
But he's resisted offers for a new van. Boyd says the truck is "like home" and feels like "sitting in the recliner in your house."
Palestine is 105 miles southwest of Dallas.
