Blacks who historically lacked access to banks capitalized on the opportunities provided by ShoreBank. But did it work? What is the economic health of Chicago’s black community, and how much has black wealth grown over the past couple of decades?
Hundreds of thousands of protesters took to the streets across Egypt today in the largest demonstration yet. Estimates fluctuate between one and two million people. Though the exact number is uncertain, the demand for President Hosni Mubarak to leave office is clear.
A new report ranks Illinois fifth in the nation for having the largest combined pension and debt burdens per capita. The Moody's Investors Service report attempts to hone in on how pension liabilities will affect credit ratings.
Downers Grove-based Sara Lee Corporation has officially announced it will split into two companies.The company had been in flux since CEO Brenda Barnes stepped down last summer for health reasons.
Sara Lee reportedly will split up its business instead of selling the whole company. The Wall Street Journal and the New York Times say Sara Lee is heading for a breakup after deciding that buyout bids came in too low.
