The [Friday] Papers
"Metra CEO Alex Clifford, whose performance has been under review by the Metra board for months, resigned Friday," the Sun-Times reports.
"Clifford will get at least $442,237 in a buyout."
Just to put that in perspective, that's about the same amount Walmart paid to settle nationwide harassment claims.
Or about $50,000 shy of what Anthony Rizzo will make from the Cubs this year.
Or in the range of draconian budget cuts at Chicago's elementary schools.
Obama's War On Truth And Transparency
"Democratic state Sen. Thomas Cullerton of Villa Park introduced a bill Tuesday creating an economic incentive package, including tax credits, specifically for the combined business.
"At stake are about 2,000 OfficeMax employees in Illinois, which Cullerton doesn't want moving elsewhere, such as Boca Raton, Fla., where Office Depot is headquartered.
"Cullerton said the deal would be worth roughly $30 million in tax credits over 10 years if the company retains a non-retail workforce of 2,000 and makes a $150 million capital investment in the state."
Beachwood Photo Booth
"Comcast, Whirlpool and Sears are among the companies that have benefited from the court's rulings in recent months.
"American Express was the latest to benefit in a ruling on Thursday that marked the last Supreme Court class action ruling before the court's nine-month term ends next week."
Truth In Advertising
Everyday Low Wagers
"The figure breaks down to about $194 a year in overpayment for every smartphone user and $30 a year in overpayment by traditional wireless users."
Remember: It's the phones that are smart, not the users.
The Week In Chicago Rock
The Beachwood Tip Line: To the max.
Posted on June 21, 2013
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