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Today in Chicago History: Federal officials take control of the Chicago Housing Authority
Today in Chicago History: Federal officials take control of the Chicago Housing Authority

Yahoo

time3 days ago

  • Politics
  • Yahoo

Today in Chicago History: Federal officials take control of the Chicago Housing Authority

Here's a look back at what happened in the Chicago area on May 30, according to the Tribune's archives. Is an important event missing from this date? Email us. Weather records (from the National Weather Service, Chicago) High temperature: 93 degrees (1953) Low temperature: 35 degrees (1873) Precipitation: 1.49 inches (2004) Snowfall: None 1923: Nannette Anderson became Chicago's 'first lady speeder sentenced to jail.' She received a $50 fine and a one-day jail sentence. She stayed locked up for an extra five hours because her husband showed up late with the payment. 1924: A week after 14-year-old Bobby Franks was murdered and his body was discovered adjacent to Wolf Lake, investigators were still trying to piece together who might be responsible for the crime. Then, a slip of the tongue pointed all eyes on Nathan Leopold. He admitted to owning a similar pair of the rare, expensive glasses as those discovered near Franks' body — and losing them at the same spot while supposedly birdwatching a few days earlier. Further questioning connected him as owner of the typewriter on which a ransom letter was typed. When Leopold could not produce either item, he became a suspect. His friend Richard Loeb was also questioned by police. Vintage Chicago Tribune: Leopold and Loeb Both men claimed they took a Leopold family car for a joyride that night, but their alibi fell apart when the family's chauffeur said the vehicle was in the garage the day of Franks' murder. The 'perfect murder' Leopold and Loeb thought they had constructed actually left investigators with no other suspects but them. With the retrieval of Leopold's typewriter from a harbor in Jackson Park, the chain of evidence that connected the two young men to the crime was complete. Both confessed to killing Franks. 1937: Striking workers clashed with police on Memorial Day at the Republic Steel plant on the South Side — the only one in the Chicago area that had stayed open during a bitter nationwide showdown between a number of steel companies and the Steel Workers Organizing Committee, which was trying to unionize the plants. Flashback: Chicago's place at the forefront of labor history Ten demonstrators were killed and 60 were injured, as were 60 police officers. Shortly after Memorial Day, the strike folded as workers streamed back to their jobs in Chicago and elsewhere. Ultimately, however, the union won its contract. 1995: In the largest takeover of its kind, federal housing officials took control of the Chicago Housing Authority four days after its chairman, Vince Lane, and the CHA board resigned under a cloud of mismanagement. Housing and Urban Development Secretary Andrew Cuomo removed CHA from its list of troubled public housing authorities on Aug. 1, 1998, and returned control of the agency to the city of Chicago on May 1, 1999. 2020: A Chicago protest, in response to George Floyd's killing by police in Minneapolis, became violent and looting took place around the city for the next three days. 5 years after killing of George Floyd, protest in Chicago decries Trump directive to empower police Subscribe to the free Vintage Chicago Tribune newsletter, join our Chicagoland history Facebook group, stay current with Today in Chicago History and follow us on Instagram for more from Chicago's past. Have an idea for Vintage Chicago Tribune? Share it with Kori Rumore and Marianne Mather at krumore@ and mmather@

Today in Chicago History: Federal officials take control of the Chicago Housing Authority
Today in Chicago History: Federal officials take control of the Chicago Housing Authority

Chicago Tribune

time3 days ago

  • Chicago Tribune

Today in Chicago History: Federal officials take control of the Chicago Housing Authority

Here's a look back at what happened in the Chicago area on May 30, according to the Tribune's archives. Is an important event missing from this date? Email us. Weather records (from the National Weather Service, Chicago) 1923: Nannette Anderson became Chicago's 'first lady speeder sentenced to jail.' She received a $50 fine and a one-day jail sentence. She stayed locked up for an extra five hours because her husband showed up late with the payment. 1924: A week after 14-year-old Bobby Franks was murdered and his body was discovered adjacent to Wolf Lake, investigators were still trying to piece together who might be responsible for the crime. Then, a slip of the tongue pointed all eyes on Nathan Leopold. He admitted to owning a similar pair of the rare, expensive glasses as those discovered near Franks' body — and losing them at the same spot while supposedly birdwatching a few days earlier. Further questioning connected him as owner of the typewriter on which a ransom letter was typed. When Leopold could not produce either item, he became a suspect. His friend Richard Loeb was also questioned by police. Vintage Chicago Tribune: Leopold and LoebBoth men claimed they took a Leopold family car for a joyride that night, but their alibi fell apart when the family's chauffeur said the vehicle was in the garage the day of Franks' murder. The 'perfect murder' Leopold and Loeb thought they had constructed actually left investigators with no other suspects but them. With the retrieval of Leopold's typewriter from a harbor in Jackson Park, the chain of evidence that connected the two young men to the crime was complete. Both confessed to killing Franks. 1937: Striking workers clashed with police on Memorial Day at the Republic Steel plant on the South Side — the only one in the Chicago area that had stayed open during a bitter nationwide showdown between a number of steel companies and the Steel Workers Organizing Committee, which was trying to unionize the plants. Flashback: Chicago's place at the forefront of labor historyTen demonstrators were killed and 60 were injured, as were 60 police officers. Shortly after Memorial Day, the strike folded as workers streamed back to their jobs in Chicago and elsewhere. Ultimately, however, the union won its contract. 1995: In the largest takeover of its kind, federal housing officials took control of the Chicago Housing Authority four days after its chairman, Vince Lane, and the CHA board resigned under a cloud of mismanagement. Housing and Urban Development Secretary Andrew Cuomo removed CHA from its list of troubled public housing authorities on Aug. 1, 1998, and returned control of the agency to the city of Chicago on May 1, 1999. 2020: A Chicago protest, in response to George Floyd's killing by police in Minneapolis, became violent and looting took place around the city for the next three days. 5 years after killing of George Floyd, protest in Chicago decries Trump directive to empower policeSubscribe to the free Vintage Chicago Tribune newsletter, join our Chicagoland history Facebook group, stay current with Today in Chicago History and follow us on Instagram for more from Chicago's past.

US halts student visa interviews amid plans to vet online profiles
US halts student visa interviews amid plans to vet online profiles

Hindustan Times

time5 days ago

  • Business
  • Hindustan Times

US halts student visa interviews amid plans to vet online profiles

Secretary of State Marco Rubio ordered US embassies worldwide to stop scheduling interviews for student visas as the Trump administration weighs stricter vetting of applicants' social-media profiles. The directive, laid out in a cable sent to diplomats worldwide on Tuesday, marks the latest effort by the administration to restrict foreign students' entry to American schools over claims that they might threaten US national security or promote antisemitism. The move raises the stakes of an ongoing battle between the White House and universities — one that initially centered on elite schools such as Harvard University and Columbia University over antisemitism — but that's morphed into a larger attack over the role of US higher education. David Leopold, a Cleveland-based immigration attorney, said the Trump administration's move could be 'cataclysmic, maybe even catastrophic' for both international students and the US universities that rely on them. 'The economic impacts and cultural impacts are massive,' Leopold said. Halting or even slowing visa applications would have ramifications for hundreds of thousands of students globally, and scores of educational institutions across the US, which have increasingly bolstered their ranks by attracting overseas talent. International students accounted for 5.9% of the total US higher education population of almost 19 million. In the 2023-2024 school year, more than 1.1 million foreign students came to the US, with India sending the most, followed by China. Most international enrollees who come to the US study science, technology, engineering or mathematics. About 25% studied math and computer science, while nearly one in five opted for engineering. Foreign students also typically pay full tuition, offsetting costs that allow universities to provide more financial aid to US citizens. US schools with the most overseas students are New York University with more than 21,000 international students, Northeastern University and Columbia, according to the Open Doors Report, which is sponsored by the State Department. Vetting foreign students for visas is already a rigorous process, requiring applicants to prove strong academic credentials, financial means, ties to their own country and the intent to return home after graduation, according to Leopold. 'Effective immediately, in preparation for an expansion of required social media screening and vetting, consular sections should not add any additional student or exchange visitor (F, M and J) visa appointment capacity until further guidance is issued,' Rubio wrote. He said that guidance is expected in the coming days. The State Department cable says interviews that have already been scheduled can go ahead. It was reported earlier by Politico. The Department of Homeland Security referred a request for comment to the State Department. State Department spokeswoman Tammy Bruce declined to comment on Rubio's order directly, saying nothing had been released publicly. 'Every sovereign country has a right to know who's trying to come in, why they want to come in, who they are, what they've been doing, and at least hopefully within that framework, determine what they will be doing while they're here,' Bruce said. 'So that's nothing new. And we will continue to use every tool we can to assess who it is that's coming here, whether they are students or otherwise.' Rubio had foreshadowed further restrictions in March after plainclothes police arrested Tufts University doctoral student Rümeysa Öztürk outside her home. Öztürk, who helped write an op-ed supporting Palestinians, was later freed on bail as she fights possible deportation. 'If you apply for a visa to enter the United States and be a student, and you tell us that the reason you are coming to the United States is not just because you want to write op-eds, but because you want to participate in movements that are involved in doing things like vandalizing universities, harassing students, taking over buildings, creating a ruckus—we're not going to give you a visa,' Rubio said at the time. Last week on Fox Business, Kevin O'Leary, a Trump ally who has appeared on Shark Tank, recommended a vetting process for foreign students, while praising them for intellect and patriotism. 'These students are extraordinary individuals and they don't hate America,' he said. 'Why don't we vet them first, check their backgrounds, clear them, and tell them, 'You graduate Harvard, you're an engineer or whatever, you stay here and you start a business here and you'll get funded here and you'll create jobs here because that's why you came here in the first place.'' Tuesday's move on student visa interviews comes days after DHS sought to block Harvard from enrolling international students — an effort that was swiftly halted on a temporary basis by a federal judge. The administration is also moving to cancel all remaining federal contracts with Harvard, which total about $100 million. A top lawyer at the Justice Department suggested on Tuesday that the Trump administration has more action coming, naming the University of California system as one that could expect 'massive lawsuits.' 'We're working on a full front of activity in the courtroom,' said Leo Terrell, a civil-rights attorney who leads the agency's antisemitism task force, in a Fox News interview. 'Trump is going nowhere. We are going to have to match them in court.' --With assistance from Janet Lorin, Alicia A. Caldwell and Eric Martin. (Updates throughout with details of order and additional background.) More stories like this are available on ©2025 Bloomberg L.P.

Trump Escalates Higher Ed Fight With Review of Student Visas
Trump Escalates Higher Ed Fight With Review of Student Visas

Mint

time5 days ago

  • Business
  • Mint

Trump Escalates Higher Ed Fight With Review of Student Visas

Secretary of State Marco Rubio ordered US embassies worldwide to stop scheduling interviews for student visas as the Trump administration weighs stricter vetting of applicants' social-media profiles. The directive, laid out in a cable sent to diplomats worldwide on Tuesday, marks the latest effort by the administration to restrict foreign students' entry to American schools over claims that they might threaten US national security or promote antisemitism. The move raises the stakes of an ongoing battle between the White House and universities — one that initially centered on elite schools such as Harvard University and Columbia University over antisemitism — but that's morphed into a larger attack over the role of US higher education. David Leopold, a Cleveland-based immigration attorney, said the Trump administration's move could be 'cataclysmic, maybe even catastrophic' for both international students and the US universities that rely on them. 'The economic impacts and cultural impacts are massive,' Leopold said. Halting or even slowing visa applications would have ramifications for hundreds of thousands of students globally, and scores of educational institutions across the US, which have increasingly bolstered their ranks by attracting overseas talent. International students accounted for 5.9% of the total US higher education population of almost 19 million. In the 2023-2024 school year, more than 1.1 million foreign students came to the US, with India sending the most, followed by China. Most international enrollees who come to the US study science, technology, engineering or mathematics. About 25% studied math and computer science, while nearly one in five opted for engineering. Foreign students also typically pay full tuition, offsetting costs that allow universities to provide more financial aid to US citizens. US schools with the most overseas students are New York University with more than 21,000 international students, Northeastern University and Columbia, according to the Open Doors Report, which is sponsored by the State Department. Vetting foreign students for visas is already a rigorous process, requiring applicants to prove strong academic credentials, financial means, ties to their own country and the intent to return home after graduation, according to Leopold. 'Effective immediately, in preparation for an expansion of required social media screening and vetting, consular sections should not add any additional student or exchange visitor visa appointment capacity until further guidance is issued,' Rubio wrote. He said that guidance is expected in the coming days. The State Department cable says interviews that have already been scheduled can go ahead. It was reported earlier by Politico. The Department of Homeland Security referred a request for comment to the State Department. State Department spokeswoman Tammy Bruce declined to comment on Rubio's order directly, saying nothing had been released publicly. 'Every sovereign country has a right to know who's trying to come in, why they want to come in, who they are, what they've been doing, and at least hopefully within that framework, determine what they will be doing while they're here,' Bruce said. 'So that's nothing new. And we will continue to use every tool we can to assess who it is that's coming here, whether they are students or otherwise.' Rubio had foreshadowed further restrictions in March after plainclothes police arrested Tufts University doctoral student Rümeysa Öztürk outside her home. Öztürk, who helped write an op-ed supporting Palestinians, was later freed on bail as she fights possible deportation. 'If you apply for a visa to enter the United States and be a student, and you tell us that the reason you are coming to the United States is not just because you want to write op-eds, but because you want to participate in movements that are involved in doing things like vandalizing universities, harassing students, taking over buildings, creating a ruckus—we're not going to give you a visa,' Rubio said at the time. Last week on Fox Business, Kevin O'Leary, a Trump ally who has appeared on Shark Tank, recommended a vetting process for foreign students, while praising them for intellect and patriotism. 'These students are extraordinary individuals and they don't hate America,' he said. 'Why don't we vet them first, check their backgrounds, clear them, and tell them, 'You graduate Harvard, you're an engineer or whatever, you stay here and you start a business here and you'll get funded here and you'll create jobs here because that's why you came here in the first place.'' Tuesday's move on student visa interviews comes days after DHS sought to block Harvard from enrolling international students — an effort that was swiftly halted on a temporary basis by a federal judge. The administration is also moving to cancel all remaining federal contracts with Harvard, which total about $100 million. A top lawyer at the Justice Department suggested on Tuesday that the Trump administration has more action coming, naming the University of California system as one that could expect 'massive lawsuits.' 'We're working on a full front of activity in the courtroom,' said Leo Terrell, a civil-rights attorney who leads the agency's antisemitism task force, in a Fox News interview. 'Trump is going nowhere. We are going to have to match them in court.' With assistance from Janet Lorin, Alicia A. Caldwell and Eric Martin. This article was generated from an automated news agency feed without modifications to text.

Dell Technologies Stock Gets Price Target Boost from Top Analyst
Dell Technologies Stock Gets Price Target Boost from Top Analyst

Yahoo

time14-05-2025

  • Business
  • Yahoo

Dell Technologies Stock Gets Price Target Boost from Top Analyst

Dell Technologies (DELL) is back in the spotlight as a leading Wall Street firm raises its price target on the stock, citing continued strength in the company's AI-driven growth and enterprise demand. Notably, five-star-rated analyst Simon Leopold from Raymond James lifted his price target on Dell stock from $139 to $144, while keeping his Buy rating. The bullish call comes amid growing investor interest in tech stocks benefiting from digital transformation and AI infrastructure spending. Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter Leopold updated his outlook on Dell, pointing to challenges with new AI chips and changes in the PC market. Still, Dell's stock is gaining, up over 10% in the past week, partly due to increased PC buying ahead of possible tariffs. While near-term AI sales may face pressure, Leopold remains upbeat, expecting Dell to grow faster than usual as AI adoption expands across businesses. Leopold believes that as AI shifts from training to real-world use, more businesses will adopt it, benefiting Dell in the long run. His updated price target shows continued confidence in Dell's ability to grow beyond 2025 despite current market challenges. Over the last few quarters, Dell has been capitalizing on the surging demand for AI by expanding its Infrastructure Solutions Group (ISG). This division provides essential IT offerings, including servers, data storage systems, and cloud infrastructure services. Main Street Data shows Dell generated $11.4 billion in revenue from its Infrastructure Solutions Group (ISG) in the fiscal fourth quarter ending January 31, 2025. This marked a 22% jump from the previous year, making up over 45% of the company's total revenue. Meanwhile, ISG EBIT has steadily increased over the past few quarters, reaching $2.05 billion in Q4 FY25. Below is the screenshot for reference. This impressive growth underscores Dell's successful pivot toward infrastructure services. While this could mean greater stability, it might also imply slower momentum ahead for its consumer hardware business. Looking ahead, investors are eager to see if Dell can maintain its momentum in the upcoming quarterly earnings report, scheduled for May 29. According to TipRanks, DELL stock has received a Strong Buy consensus rating, with 11 Buys and three Holds assigned in the last three months. The average Dell share price target is $128.53, suggesting a potential upside of 25% from the current & DisclosureReport an Issue Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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