Latest news with #ChicagoTransit
CBS News
6 days ago
- General
- CBS News
Man charged with firing upward from CTA subway toward men on street in Chicago Loop
A man appeared in court Wednesday after police said he shot at two men in a restricted area of the Chicago Transit Authority subway system in the Loop. Chicago police said at 9:11 a.m. Monday, Rayvon Savary, 24, went into a restricted area of the Red Line subway. Police said he pulled out a gun and fired upward toward two men who were walking on the sidewalk in the 100 block of North State Street. Savary was arrested within an hour. He was charged with aggravated discharge of a firearm and unlawful use of a weapon, and cited for trespassing, obstructing access, and bringing weapons onto CTA property.
Yahoo
11-05-2025
- Health
- Yahoo
Blue Line trains halted at Logan Square due to ‘medical emergency': CTA
CHICAGO – Blue Line train service has been suspended between Montrose and Western Milwaukee due to a 'medical emergency' on the tracks at Logan Square, according to the Chicago Transit Authority. The CTA said trains are only running between O'Hare to Montrose and and Forest Park to Western Milwaukee at this time. Shuttle buses are available from Montrose to Western Milwaukee to provide connecting service. Read more: Latest Chicago news and headlines The public is asked to consider other service alternatives as well. Nearby bus routes include: #56 Milwaukee #76 Diversey #77 Belmont #82 Kimball/Homan CTA officials are working to restore service, but it is unclear when service will be fully restored. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
01-04-2025
- Business
- Yahoo
Asia Credit Market Heats Up as Issuers Rush to Beat Tariffs
(Bloomberg) -- The countdown to US President Donald Trump's next round of tariffs has fueled a frenzy of activity in Asia Pacific's credit market, with more than a dozen issuers marketing or announcing dollar bonds on Monday. They Built a Secret Apartment in a Mall. Now the Mall Is Dying. Chicago Transit Faces 'Doomsday Scenario,' Regional Agency Says LA Faces $1 Billion Budget Hole, Warns of Thousands of Layoffs New York Subway Ditches MetroCard After 32 Years for Tap-And-Go Libraries Warn They Could Be 'Cut off at the Knees' by DOGE Korea National Oil Corp. is among the borrowers planning to price a bond on Monday, while Malaysian oil giant Petroliam Nasional Bhd has hired banks for what could be its first dollar issuance in almost four years. South Korean steelmaker Posco Holdings Inc., Philippine restaurant operator Jollibee Foods Corp. and Hong Kong metro operator MTR Corp. Ltd. are among the other issuers working on deals. They are turning to the bond market before a hotly-anticipated US tariff announcement on April 2, which Trump has referred to as 'Liberation Day.' Although the threat of rising tariffs has made investors nervous, it hasn't been entirely bad news for bond issuers: Treasury yields have fallen as investors weigh up the economic impact, reducing issuers' overall funding costs, while investment grade bond spreads in Asia remain tight. 'With Treasuries having rallied and credit spreads still near all-time tights, the Asian dollar primary market has sprung to life, with multiple issuers keen to lock in funding ahead of 'Liberation Day,'' said Mark Reade, head of credit strategy at Mizuho Securities Asia. Issuers in Asia Pacific have already sold almost $92 billion of dollar bonds so far this quarter, the highest quarterly volume since the first three months of 2022, according to data compiled by Bloomberg. Read: Trump Plans His Tariff 'Liberation Day' With More Targeted Push Trump is planning a series of so-called reciprocal tariffs, hitting countries that impose their own levies on US goods. There are signs the tariffs will be less sprawling than previously feared, but the uncertainty over Trump's moves has left investors across markets on edge. Borrowers also have an incentive to sell dollar debt before public holidays next week and the beginning of a results blackout period for some issuers, said Avinash Thakur, head of Asia Pacific capital markets financing at Barclays. --With assistance from Harry Suhartono and Wei Zhou. (Updates with bond relative value details and banker comment.) A New 'China Shock' Is Destroying Jobs Around the World How TD Became America's Most Convenient Bank for Money Launderers Tesla's Gamble on MAGA Customers Won't Work One Man's Crypto Windfall Is Funding a $1 Billion Space Station Dream The Real Reason Trump Is Pushing 'Buy American' ©2025 Bloomberg L.P. Sign in to access your portfolio
Yahoo
26-03-2025
- Business
- Yahoo
European Gas Slips as Ample LNG Flows Help Ease Storage Worries
(Bloomberg) -- European natural gas continued its slide as ample supply of LNG and warmer weather ease pressure on the region's fuel inventories after a rocky start to the year. They Built a Secret Apartment in a Mall. Now the Mall Is Dying. Why Did the Government Declare War on My Adorable Tiny Truck? Trump Slashed International Aid. Geneva Is Feeling the Impact. Chicago Transit Faces 'Doomsday Scenario,' Regional Agency Says How SUVs Are Making Traffic Worse Benchmark futures headed for a second day of declines, losing more than 2% early Wednesday. Imports of liquefied natural gas into northwest Europe are set to jump more than 25% in March compared to a year earlier, even though some cargoes recently diverted elsewhere amid price swings. Lower LNG demand from China is also providing near-term relief for European buyers competing for the same supply. The country's purchases are forecast to fall this year for the first time since 2022, according to BloombergNEF. Improving supply prospects are good news for Europe's gas market, which is coming to the end of a testing winter that has seen stronger-than-usual withdrawals from fuel reserves. First steps to contain fighting between Russia and Ukraine have boosted optimism that some flows from the continent's former top supplier could eventually return, though that's unlikely to occur in time for Europe's stockpiling efforts in the coming months. With just a few days left until the official end to the European heating season, some countries have already been adding gas into underground storage sites thanks to rising temperatures. On Tuesday, the US said Russia and Ukraine agreed to a ceasefire in the Black Sea, even as the Kremlin said its involvement would depend on a series of preconditions including sanctions relief. Market participants are closely monitoring the negotiations, with some of the world's top energy traders saying they would likely return to Russia if sanctions end. Dutch front-month futures, Europe's gas benchmark, traded 2.1% lower at €40.69 a megawatt-hour by 8:27 a.m. in Amsterdam. Business Schools Are Back Google Is Searching for an Answer to ChatGPT The Richest Americans Kept the Economy Booming. What Happens When They Stop Spending? A New 'China Shock' Is Destroying Jobs Around the World How TD Became America's Most Convenient Bank for Money Launderers ©2025 Bloomberg L.P.
Yahoo
26-03-2025
- Politics
- Yahoo
South Korea Court Sides With Opposition Leader in Election Case
(Bloomberg) -- A South Korean court has ruled that the country's main opposition leader Lee Jae-myung did not violate election laws, overturning a lower court's decision and bolstering his standing as a potential presidential front-runner. They Built a Secret Apartment in a Mall. Now the Mall Is Dying. Why Did the Government Declare War on My Adorable Tiny Truck? Trump Slashed International Aid. Geneva Is Feeling the Impact. Chicago Transit Faces 'Doomsday Scenario,' Regional Agency Says How SUVs Are Making Traffic Worse The Seoul High Court said in its ruling Wednesday that Democratic Party leader Lee is not guilty of making false claims in 2021 while campaigning for the presidency, South Korea's Yonhap News reported. A lower court in November found Lee guilty of the charges and handed down a year-long jail term, suspended for two years. It was not immediately clear if prosecutors would appeal the ruling. If the case proceeds to the Supreme Court, it will likely take months to resolve. About one dozen small-cap stocks perceived by retail investors as having links to Lee surged by their daily limit of 30%, including E-Starco Co.. The trading ended before the court's verdict was announced. The case adds another twist to South Korea's already turbulent political landscape. The country has been in crisis since President Yoon Suk Yeol shocked the world by declaring martial law in December. Lawmakers later impeached Yoon, and he is now awaiting a ruling from the Constitutional Court on whether he will be permanently removed from office or reinstated. If the court removes him, a presidential election must be held within 60 days, giving Lee a potential path to run. Lee is considered the presidential front-runner in the event Yoon's impeachment is upheld, and the latest court ruling could improve his image and strengthen his position ahead of a potential election. Meanwhile, the Constitutional Court this week overturned the impeachment of Prime Minister Han Duck-soo, reinstating him as acting leader. Lee, who narrowly lost to Yoon in the 2022 presidential election, has remained a dominant figure in South Korean politics. His party's landslide victory in last year's parliamentary elections bolstered his standing as a leading contender to succeed Yoon. --With assistance from Youkyung Lee. Business Schools Are Back Google Is Searching for an Answer to ChatGPT The Richest Americans Kept the Economy Booming. What Happens When They Stop Spending? A New 'China Shock' Is Destroying Jobs Around the World How TD Became America's Most Convenient Bank for Money Launderers ©2025 Bloomberg L.P.
