Area home sales up 19% in December









More than 7,000 consumers in the Chicago-area bought themselves a home last month, the best finish for the year since December 2006, just before the local housing market's bubble burst.

December sales of existing homes in the nine-county area rose 19.2 percent from a year ago, to 7,372 single-family homes and condominiums sold, the Illinois Association of Realtors reported Tuesday. The median price of $151,500 recorded for the month rose 4.5 percent, from $145,000 in December 2011.

In terms of volume, it was the best monthly performance for the market since December 2006, when 7,530 homes were sold. Twelve months later, in December 2007, the number of homes sold locally had plunged to 5,033.

While it showed improvement, last month's $151,500 median price was far below the December 2007 market high of $247,800.

Pricing recovery was even more evident within the city of Chicago, which recorded a 14.6 percent year-over-year increase in sales, to 1,806 properties sold at a median price of $185,000, up 19.4 percent from December 2011's $155,000.

The pricing improvement is largely a result of the continued shrinking inventory of quality homes on the market, which for months has meant homes are going under contract faster than they have in the past. Sellers of choice properties, whether they are in the traditional market or foreclosures, are fielding multiple offers from potential buyers.

"The 18.9 percent decrease in market time from the same time in 2011 shows a continued clearing of inventory, of both single-family homes and condominiums, which should prompt action among buyers and sellers and continue to promote home price stabilization," said Zeke Morris, president of the Chicago Association of Realtors.

Sales of Chicago condos swelled to 1,037 units sold, up 17.7 percent from a year ago, and the median sales price of $235,000 for a unit was up 28.8 percent from last year.

The median price is the point at which half the homes are sold for more and half for less.

"I believe we're going to have the most promising spring market we've had in years," said Zeke Morris, president of the Chicago Association of Realtors. "We can give (sellers) a slightly more confident expectation."

The pricing improvement is largely a result of the slim pickings of properties listed for sale, which for months has meant homes are going under contract faster than they have in the past.

Compared to a year ago, inventory has plunged. For instance, in Chicago, there were 14,183 homes for sale in December 2011. Last month, there were 8,036 listed properties, or 43.3 percent less. As a result, the average number of days it took to sell a Chicago home fell almost 19 percent year-over-year, to 77 days last month.

Sellers of choice properties, whether they are in the traditional market or foreclosures, are fielding multiple offers from potential buyers, both owner-occupants and investors.

"We have a lot of pending deals out there," said Mabel Guzman, an @properties real estate agent. "Sellers are holding onto their price, knowing they're the only thing in the market. People are going to get frustrated if there isn't enough product to buy."

For the year, 90,365 homes were sold in the Chicago area, a 26.7 percent increase from 2011, while the median price slipped 1.5 percent, to $160,000. In the city, the annualized median price rose 5.7 percent, to $185,000, for the 22,333 homes sold, a gain of 22.4 percent in sales volume.

According to the Federal Home Loan Mortgage Corp., the average commitment rate for a 30-year, fixed-rate mortgage in the Chicago area was 3.32 percent in December, compared with 3.33 percent in November and 3.94 percent in December 2011.

mepodmolik@tribune.com | Twitter @mepodmolik

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Obama lays out 2nd-term agenda

In his inaugural address, President Barack Obama says enduring security and lasting peace do not require perpetual war. But he said the U.S. will defend itself through 'strengths of arms and rule of law.' (Jan. 21)









WASHINGTON - President Barack Obama and first lady Michelle Obama walked for several minutes along the inauguration parade route this afternoon to the cheers of thousands of people lining the sidewalks in the capital.

The first couple were flanked by security personnel as they walked the route toward the review stand where they will view the inaugural parade. They got back in their limousine after several minutes. The Obamas made the same gesture four years ago.


Earlier, Obama kicked off his second term with an impassioned call for a more inclusive America that rejects partisan rancor and embraces immigration reform, gay rights and the fight against climate change.

Obama's ceremonial swearing-in at the U.S. Capitol was filled with traditional pomp and pageantry, but it was a scaled-back inauguration compared to the historic start of his presidency in 2009 when he swept into office on a mantle of hope and change as America's first black president

Despite expectations tempered by lingering economic weakness and a divided Washington, Obama delivered a preview of the second-term priorities he intends to pursue, declaring Americans “are made for this moment” and must “seize it together.”

His hair visibly gray after four years in office, Obama called for an end to the political partisanship that marked much of his first term in the White House in bitter fights over the economy with Republicans.

“We cannot mistake absolutism for principle, or substitute spectacle for politics, or treat name-calling as reasoned debate,” Obama said from atop the Capitol steps overlooking the National Mall.

Looking out on a sea of flags, Obama addressed a crowd estimated to be up to 700,000 people - less than half the record 1.8 million who assembled four years ago.

Speaking in more specific terms than expected in a nearly 20-minute inaugural address, he promised “hard choices” to reduce the federal deficit and called for a revamping of the tax code and a remaking of government.



SPEECH TOUCHES ON GAY RIGHTS, CLIMATE CHANGE

"Progress does not compel us to settle centuries-long debates about the role of government for all time -- but it does require us to act in our time," Obama said, shortly after taking the oath from Chief Justice John G. Roberts Jr. 

For the first time ever, an inaugural address mentioned the rights of gay Americans, as Obama declared that America’s "journey is not complete until our gay brothers and sisters are treated like anyone else under the law -- for if we are truly created equal, then surely the love we commit to one another must be equal as well."

The president also insisted on the need to "respond to the threat of climate change," a subject he largely avoided after a stinging loss in Congress early in his first term.

"Some may still deny the overwhelming judgment of science, but none can avoid the devastating impact of raging fires, and crippling drought, and more powerful storms," he said. 

"The path towards sustainable energy sources will be long and sometimes difficult. But America cannot resist this transition; we must lead it.

"That is how we will preserve our planet, commanded to our care by God."

Obama wove those specific policy pledges, along with brief reminders of his proposals for gun control and immigration reform, into a text that, overall, amounted to a strong reaffirmation of the core of liberal, Democratic politics and its belief in the positive role that government can play in the nation’s life.

In a nod to those who do not share that outlook, he noted that Americans "have never relinquished our skepticism of central authority, nor have we succumbed to the fiction that all society’s ills can be cured through government alone."

But, he said, "preserving our individual freedoms ultimately requires collective action."








Obama's swearing-in fell on the same day as the national holiday honoring slain civil rights leader Martin Luther King Jr. -- and the president embraced the symbolism.

He took the oath with his hand on two Bibles: One from President Abraham Lincoln, who ended slavery, and the other from King. Myrlie Evers-Williams, widow of slain civil rights figure Medgar Evers, was given the honor of delivering the invocation at the ceremony.


DURBIN: PRIVATE PARTIES AND (MAYBE) BUDDY GUY

From dawn until dusk, Sen. Dick Durbin is scheduled to be among the constant companions of President Barack Obama, whom he joined starting with an early-morning church service near the White House.

After the swearing-in, Durbin, the No. 2 official at the Senate, said he found Obama's inaugural speech "beautiful."

"I thought he president really captured what the election was about, what the people were saying, we needed to come together -- 'We the People' and to really address the issues that are challenging our nation," said Durbin, a fellow Democrat.

After the inauguration speech, Obama and first lady Michelle Obama sat down as guests of honor at a traditional luncheon at the Capitol. Durbin was there, along with about other 200 high-level officials, including Supreme Court justices, Cabinet officials and congressional leaders.

At 9 o'clock tonight local time, Durbin said, he'll return to the White House to join the Obamas and a select group of friends, family and supporters at an exclusive celebration.

He indicated the timetable was fluid, since a similar party following the balls in 2009 didn't get going until about 11:30 p.m.

Will he make Chicago Mayor Rahm Emanuel's late-night blues party with guitarist Buddy Guy? That runs from 11 p.m. until 3 a.m. "Hope to stay awake long enough," the senator said.

Durbin, 69, a 30-year veteran of Congress, is up for re-election in 2014. He was an early supporter of Obama leading up to his 2008 run, when Democrats had to choose between candidates Obama and Hillary Rodham Clinton.

CHICAGOANS IN D.C. FEEL 'VESTED IN HIS SUCCESS'

Spencer Gould and his wife, Ardenia, of Chicago, arrived at the Capitol early enough to get seats on the front row of their section, directly center of where the president took the oath of office.

For about a minute, Gould said, he considered staying at home in Chicago’s Roseland neighborhood, but quickly realized that he could be no place else but here. Four years ago, he said, he wanted to be part of the historical moment. This time, he came to show his support.

CROWD MAKES LONG DRIVES, BRAVES THE COLD

Hundreds of thousands congregated on the National Mall on Monday, many bundled in gloves and scarves against the cold. Some stopped in front of street vendors to buy buttons with President Obama’s face on them, inaugural coffee mugs or wool hats with Obama spelled in glass beads.

Some had driven all night Sunday to make it to the ceremony by this morning.

FIRST FAMILY'S FASHION CLOSELY WATCHED BY SOME

The American fashion industry held its breath on Inauguration Day for a series of Big Reveals.

Word came within minutes that the navy check coat and dress Michelle Obama wore to the morning prayer service at St. John's church was by American designer Thom Browne, to which she added a belt for the ceremonial swearing-in. Her shoes and accessories were J.Crew. Her necklace was by Cathy Waterman.Former Obama pastor in town

FORMER PASTOR WRIGHT OFFERS ADVICE

The Rev. Jeremiah Wright, the president's former Chicago pastor whose sermons touched off a firestorm in the 2008 political campaign, urged today that Barack Obama heed the words of the late Rev. Martin Luther King Jr. and transform the country into the world's "No. 1 purveyor of peace."

Wright, in the capital today but skipping the inauguration, recalled a speech by King during the Vietnam war, when the civil rights leader denounced the U.S. as "the greatest purveyor of violence in the world."

Tribune reporters Dahleen Glanton, Katherine Skiba, Reuters and the Los Angeles Times contributed.





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Rumored Xbox 720 specs: 8-core processor, 8GB of RAM, 800MHz GPU







Console gamers frustrated that their Xbox isn’t holding up well compared to high-end gaming PCs can relax a bit, because it looks like the next-generation Xbox is going to be a monster. It seems that website VGleaks has gotten ahold of leaked specifications for the Xbox 720, which it says will include an 8-core 1.6GHz processor, 8GB of RAM, an 800MHz graphics processor, a 50GB 6x Blu-ray Disc drive, and Gigabit Ethernet connectivity. The leaked specifications are in line with previous rumors that also gave the next-generation Xbox an 8-core processor and 8GB of RAM, so there’s nothing overly surprising about VGleaks‘ report. The Xbox 720 will likely be announced at the E3 gaming convention this June and will be released in the fall.


[More from BGR: BlackBerry 10 OS walkthrough, BlackBerry Z10 pricing]






This article was originally published on BGR.com


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Joseph Gordon-Levitt mines the humor in porn for “Don Jon”






PARK CITY, Utah (Reuters) – After a remarkable run with leading roles in films such as “The Dark Knight Rises” and “Inception,” actor Joseph Gordon-Levitt stepped behind the camera to direct “Don Jon’s Addiction,” a raunchy comedy that premiered at the Sundance Film Festival.


“Don Jon’s Addiction,” which Gordon-Levitt also wrote and stars in, leads a slate of films about sex on this year’s Sundance roster.






The film follows the story of Jon, a handsome young man who is unable to maintain a relationship, due to his addiction to pornography.


When Jon meets Barbara (Scarlett Johansson), a beautiful but high-maintenance woman obsessed with Hollywood romantic comedies, and Esther (Julianne Moore), an emotionally fragile widow, he embarks on a journey of self-discovery.


Gordon-Levitt, 31, a former child star who has risen through the ranks of television and independent film to become one of Hollywood’s most bankable actors, said he thought it would be “hilarious” to pair a porn addict with a woman addicted to romance films.


“I wanted to tell a love story, and in my observations, what gets in the way of love most the time is how people objectify each other,” the actor told Reuters on Saturday.


While the story uses pornography as a device, Gordon-Levitt emphasized it was not meant as a commentary on porn addiction.


“I wasn’t really focused on porn or porn addiction. It was really, to me, more of a metaphor,” he said. “It is astonishing how prevalent it is in our culture today.”


Moore said the story reflected what is happening in modern society and culture.


“Both (characters) create expectations that people can’t authentically meet in a relationship,” Moore said. “We have so much of that in our lives right now in the world, with all the media influences, so people are growing up with this expectation that this is how you have a relationship.”


“Don Jon” and other festival films such as “The Look of Love,” “Lovelace,” “kink” and “Interior. Leather Bar,” explore the ways sex affects individuals and their ability to form relationships.


Actor Tony Danza, who worked with Gordon-Levitt in the 1994 film “Angels in the Outfield” and plays his father in “Don Jon,” said the film would spark conversation.


“It’s just an uncomfortable subject, which lights everyone’s fire,” Danza said. “It exposes human nature, albeit with a sometimes uncomfortable subject. But he exposes a real slice of human nature, and it’s really prevalent right now.”


MODERN DAY DON JUAN


Gordon-Levitt, who founded the HitRECord project that brings together an online community of creative artists, said he found inspiration for “Don Jon’s” humor on social media platforms.


“If you go on Twitter, Tumblr, Facebook, and you look at the humor on there, you might call it smutty, you might call it raunchy, but there’s also a sort of honesty to it,” he said.


Gordon-Levitt said he set out to shake up assumptions about porn addiction by playing his character “Jon” against type. Instead of playing a socially awkward guy who turns to porn because he cannot connect with women, “Jon” is a buff lothario. While he has plenty of female companions, Jon’s porn addiction warps his views and expectations of women and sabotages his relationships.


Jon is portrayed as an Italian-American, but Gordon-Levitt said the “archetype is beyond ethnicity.”


“I thought, ‘who is the current-day Don Juan,’ and the first thing I thought of was that guy with too much gel in his hair and a gym body … I loved it instantly and thought it would be so funny to play that part.”


Gordon-Levitt said he hoped audiences come away from the film “wanting to engage with each other.”


“I would hope people … examine each other as unique individuals as opposed to items on a checklist, and I hope they have a great time and laugh,” he said. “And I hope they go home and have transcendent sex.”


(Editing by Stacey Joyce)


Movies News Headlines – Yahoo! News





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Really?: The Claim: In Children, Flu Vaccine Can Prevent Ear Infection

Really?

Anahad O’Connor tackles health myths.

THE FACTS

For many children, flu season means an increased risk of ear infections as well.

Although many people do not realize it, the middle ear has a direct link to the upper respiratory tract: the auditory, or Eustachian, tube. Infections in the nose or sinus cavities thus can spread to the ear.

Ear infections are a common scourge of childhood. Most children under the age of 8 will have at least one, and over a quarter will experience them chronically.

Although ear infections can strike at any time, they do show some seasonal variation. In a large study published in December, researchers looked at more than 270,000 cases of acute ear infections. They found that ear infections increased along with the flu and illnesses caused by two other respiratory viruses (though not the common cold).

So does that mean that vaccinating against the flu might prevent ear infections in children? Some researchers think so.

In a report published in 2011, scientists pooled data from eight randomized studies of 24,000 children between the ages of 6 months and 7 years. They found that those who received the FluMist vaccine, a nasal spray made with live but weakened flu virus, had a significantly lower risk of acute ear infections compared with children who received a placebo. Among children who ultimately got the flu, those who had been vaccinated had a 40 percent reduction in ear infections compared with children who were given a placebo.

A study published last year also found that the flu vaccine reduced the incidence of acute ear infections in children. FluMist appears to be more effective than the shot, but scientists say more research is needed.

THE BOTTOM LINE

The flu vaccine appears to reduce the likelihood of ear infections in children.

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Investigators probe 787 battery maker









U.S. and Japanese aviation safety officials investigating problems with Boeing Co.'s 787 Dreamliner visited the headquarters of the plane's battery maker on Monday, seeking clues into why one of the technologically advanced aircraft made an emergency landing last week.

A spokesman for GS Yuasa Corp., which makes batteries for the 787, said the company was fully cooperating with the investigation, and its engineers were working with the officials from the U.S. Federal Aviation Administration (FAA) and Japan's Civil Aviation Bureau (CAB) at the company's compound in Kyoto, where it makes airplane batteries.






CAB official Tatsuyuki Shimazu told reporters the investigating team had been briefed by GS Yuasa and had toured the plant, looking at battery design, production and quality. The Japanese investigation at the plant will continue on Tuesday on a more detailed level, including tracking battery batch numbers and production dates, he said.

Authorities around the world last week grounded the new lightweight Dreamliner, and Boeing halted deliveries after a problem with a lithium-ion battery prompted an All Nippon Airways 787 into the emergency landing at Takamatsu airport during a domestic flight. Earlier this month, a similar battery caught fire in a Japan Airlines' 787 parked at Boston Logan International Airport.

EXPANDED PROBE

U.S. safety investigators on Sunday ruled out excess voltage as the cause of the Boston battery fire on Jan. 7, and said they were expanding their probe to look at the battery's charger and the jet's auxiliary power unit. The battery is one part of the 787's complex electrical system, built by French company Thales SA.

“Results have shown the battery was abnormal in both the Boston and Takamatsu (incidents). They were the most damaged,” Shigeru Takano, a senior safety official at the CAB, told reporters ahead of the on-site visit to GS Yuasa. “We will look into if the work that took place, from design to manufacturing, was appropriate.”

Shares in GS Yuasa, valued at close to $1.5 billion, rose 1 percent on Monday, having dropped nearly 10 percent since the Boston fire. The benchmark Nikkei fell 1.5 percent.

The company, which employs nearly 12,300 staff, expects revenue of 288 billion yen ($3.2 billion) in the year to end-March - with only around 1 percent of that coming from its aircraft battery business. The company's batteries are used primarily in motorbikes, industrial equipment and power supply devices.

GS Yuasa, in which automaker Toyota Motor Corp has a 2.7 percent stake, reported an operating profit of around $160 million in the year to last March.

MORE FLIGHTS CANCELLED

The grounding of the Dreamliner, an advanced carbon-composite plane with a list price of $207 million, has forced ANA to cancel 151 domestic and 26 international flights scheduled for Jan. 23-28, affecting more than 21,000 passengers, the airline said on Monday.

The cancellations add to the 72 flights scheduled for Jan. 19-22 that ANA called off last week. ANA, which flies the most Dreamliners of any airline, said it will announce on Thursday its plans on flight cancellations for dates from Jan. 29.

ANA said it had not yet decided whether to seek compensation from Boeing for losses as a result of the 787's grounding. “At this point we're concentrating on getting the Dreamliner back in service, rather than considering requesting compensation,” said spokesman Ryosei Nomura.

Rival JAL said it cancelled four flights on its Tokyo-San Diego route for Jan. 27-28, adding to the 8 flights originally scheduled for Jan. 19-25 on the same route it called off last week. It said it had yet to decide changes for flights slated for Jan. 26.

“We've been able to rearrange routes originally scheduled to use the Dreamliner with alternative aircraft,” said JAL spokeswoman Sze Hunn Yap, adding there was no talk about compensation at this stage.

Japan is the biggest market to date for the Dreamliner, with JAL and ANA flying 24 of the 50 passenger jets that Boeing has delivered.
 
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Man shot at 22nd-floor party in Loop hotel

A man was shot in the historic Palmer House Hotel downtown.









A 25-year-old man was shot in the leg early this morning during a party on the 22nd floor of a Loop hotel, police said.


The shooting, one of several overnight shooting incidents across the city that left at least six other people injured, happened about 2:15 a.m. at the Palmer House, 17 East Monroe St., Chicago Police Department News Affairs Officer Hector Alfaro said.


The man was taken to Northwestern Memorial Hospital in good condition.





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Police said no suspects were in custody and that the man was not cooperating fully with detectives.


Everyone involved knew each other, according to police. Police were not sure what led to the shooting because the individuals involved were not cooperating with police, according to police


Ken Price, director of public relations for the hotel said they are working with police.


"The Palmer House takes very seriously the safety and security of its guests and it is, above all else, our number one priority," Price said in a statement.


In other overnight shootings:


• A 28-year-old man walking on the street was hit in the hand by a shot fired by a male passenger in a silver, older-model Lexus driven by a female, police said. The incident happened about 4:55 a.m. in the 300 block of East 75th Street in the Park Manor neighborhood on the South Side. The victim, who was transported to St. Bernard in good condition, ran from the scene as the attackers fled.


• A 28-year-old male sustained a gunshot wound to the hand about 4:55 a.m. at 11 E. 75th Street in the Chatham neighborhood on the South Side, said News Affairs Officer Laura Kubiak. He is in good condition at St. Bernard Hospital.


• A 22-year-old man riding inside a vehicle was shot in the arm about 4:18 a.m. at North Avenue and Kedvale Avenue in the Hermosa neighborhood on the Northwest Side, Kubiak said. He was driven to Our Lady of the Resurrection Medical Center, where his condition had stabilized.


• A 19-year-old man was shot in the left hand and in the left side of his jaw while exiting a vehicle about 4:15 a.m. in the 3900 block of West 65th Place in the West Lawn neighborhood on the Southwest Side, according to Kubiak. He was taken to Holy Cross Hospital and was transferred to Advocate Christ Medical Center, where his condition had stabilized.


• About 10 p.m., a 20-year-old man was shot in the shin while walking down the sidewalk in the 5500 block of South Shields Avenue in the Englewood neighborhood on the South Side, Alfaro said. He was taken to Saint Bernard Hospital and Health Care Center, where his condition was stabilized.


• About 9:20 p.m., a 35-year-old man was shot in the leg near the intersection of West 85th Street and South Loomis Boulevard in the Gresham neighborhood on the South Side, Alfaro said. The man was taken to Advocate Christ Medical Center in Oak Lawn, where he was listed in good condition.


No arrests have been made in any of the shootings and police continue to investigate.


chicagobreaking@tribune.com


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Notre Dame football star says he was not in on hoax – ESPN






(Reuters) – Notre Dame football star Manti Te’o has denied ever being in on an elaborate hoax, telling ESPN he had believed his relationship with a woman who turned out to be an online fabrication was real.


The tragic story of his girlfriend and her injuries from a car accident and death from leukemia was one of the most widely recounted U.S. sports stories last year as Notre Dame made a drive toward the national championship game.






“I wasn’t faking it,” Te’o told ESPN in an off-camera interview on Friday, excerpts of which were posted on ESPN.com. “I wasn’t part of this.”


When asked whether he had made up the tale to support his chances of winning the Heisman Trophy, the highest individual honor for a college football player, Te’o replied: “Well, when they hear the facts they’ll know. They’ll know that there is no way that I could be part of this.”


The interview was Te’o's first since the sports blog Deadspin.com on Wednesday exposed the heart-wrenching tale of his girlfriend, Lennay Kekua, and her death as a hoax and that a friend of Te’o's named Ronaiah Tuiasosopo was behind it.


Te’o told ESPN that Tuiasosopo called him on Wednesday and admitted he was behind the hoax and it was then Te’o was sure the woman had never existed.


“I don’t wish an ill thing to somebody,” Te’o said of Tuiasosopo, according to ESPN. “I just hope he learns. I think embarrassment is big enough.”


Outside Tuiasosopo’s home in Palmdale, California, on Thursday, a member of his family who did not identify himself told reporters they had no comment.


Te’o acknowledged in a statement on Wednesday that he had never met the woman in person, though he considered her his girlfriend and said he had been duped.


In the ESPN interview, Te’o said he tried to video chat with her several times, but she could never be seen on the other end. He also said he intentionally told people stories about her in a way that would make people believe they had met in person.


“I even knew that it was crazy that I was with somebody that I didn’t meet,” Te’o said.


NATIONAL PROMINENCE


ESPN said the interview was held at a training facility in Florida where Te’o has been preparing for the National Football League draft. The star linebacker was expected to be a high draft pick before the hoax was revealed.


Te’o sprang to national prominence last fall when he led Notre Dame to a victory over Michigan State within days of learning his grandmother and girlfriend had both died. The grandmother’s death was real.


The story grew to become a big feature in coverage of the team, which went undefeated in the regular season and reached the national championship game. Alabama defeated Notre Dame in the title game on January 7.


Notre Dame, one of the most powerful institutions in U.S. collegiate athletics, held a news conference within hours of the Deadspin.com article to say that Te’o had been duped.


Notre Dame Athletic Director Jack Swarbrick said on Friday the Indiana university was comfortable, based on a private investigation it launched and on four years experience with Te’o, that he was the victim and encouraged Te’o to speak publicly.


(Reporting by David Bailey in Minneapolis; Editing by Eric Beech)


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Singer Randy Travis reaches plea deal in assault case: TV






DALLAS (Reuters) – Country music singer Randy Travis has reached a plea agreement in a misdemeanor assault case arising from an altercation last summer in a Texas church parking lot, KTVT-TV reported on Saturday.


The Grammy winner will serve 90 days of deferred adjudication under a plea he entered on Friday in a municipal court in Plano, a Dallas suburb, the CBS-affiliated station in Dallas/Forth Worth reported.






Deferred adjudication lets a defendant plead “guilty” or “no contest” in exchange for meeting requirements such as probation during the period. The defendant may avoid a formal conviction or have his case dismissed once the requirements are met.


Police said Travis assaulted a man in the parking lot of Prestonwood Baptist Church in Plano on August 23 while attempting to intervene in a disagreement between a woman, who is now his fiancée, and her estranged husband.


Travis pleaded not guilty to the charge last month. He filed a lawsuit in a Collin County court against the man he was charged with assaulting, saying the incident was an attempt to injure and embarrass Travis, the TV station reported.


Attempts to contact Travis’ attorney on Saturday were unsuccessful.


The 53-year-old singer still faces charges of driving while intoxicated in an August 7 incident near his hometown of Tioga, about 60 miles north of Dallas.


Authorities are still investigating alleged threats he made to troopers who took him to jail, and no charges have been filed.


(Reporting by Marice Richter; Writing Ian Simpson in Washington; Editing by Peter Cooney)


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Steel company forges ahead with new South Side plant









One evening during a Cubs game in 1988, A. Finkl & Sons Co. received a frantic phone call: The ballpark's lights were flickering. Could the steelmaker please turn off its furnaces to ward off a potential outage?


The anecdote illustrates one reason why Finkl is phasing out production at its century-old facility just west of the city's Lincoln Park neighborhood as it completes its move this year to 1355 E. 93rd St. on the South Side.


The new factory, equipped with the latest technology, improved production lines, better access to transportation and its own electric substation, will enable Finkl to boost its production fivefold to a half-million tons of steel a year.





"It's a huge step forward for Finkl," said John Guliana, the company's vice president of engineering and planning, explaining that workers will operate machines by pressing buttons on computer monitors. In contrast, the North Side plant, laid out over 22 acres separated by city streets, depended on manual labor, people working "with shovels and things like that," he said. Space was so tight that recycled metals and finished product sat out in the open.


So far, Finkl has spent more than $180 million on equipping buildings on the 53-acre South Side site that will house the melt, forge and machining shops, and offices as well as recycled metals and finished product. The new site is making steel and executives say it will handle 100 percent of production by the end of the year.


Finkl produces specialty steels made from recycled metals that are melted and forged into blocks. The blocks are sold to make molds, dies and large parts primarily used in the oil and gas industry.


At the old plant, those blocks sat out for up to two weeks before Finkl could load them onto rail cars, said Bruce Liimatainen, Finkl's chairman and chief executive. In that same amount of time, Finkl can now deliver steel to as far away as California, because the new plant's rail lines connect to the Norfolk Southern Railway yard just a few miles away.


"Literally, we can call them and within an hour they would be here," Liimatainen said. "It's the difference between competing overseas or not."


With its new capacity, Finkl is aiming to increase market share outside the U.S. and tap into the stainless steel market, sell bigger blocks of its specialty steels and offer roughly finished products.


Finkl's investments stand in contrast to what some other players are doing. Big steelmakers are battling declining prices and growing inventories of steel as China's economy cools and Europe continues to struggle with its own economic crisis. In December, ArcelorMittal, the world's biggest steelmaker by volume, took a $4.3 billion write-down of its European businesses. Europe's economic crisis, it said, led to lower demand for its steel, which is used to build bridges, car parts and pipes.


At the end of 2012, Finkl's sales were essentially flat from the year before, Liimatainen said.


Meanwhile, future development of the company's property on the North Side could lead to debate over the future of manufacturing there. Some residents want the site cleared for housing because it has river views. To do so, however, aldermen would have to end the area's designation as a "planned manufacturing district," which protected it from encroaching residential development a quarter-century ago.


"The site is a very important site to my ward and presents us with a historic opportunity, and we are looking at it very closely," said Ald. Michele Smith, 43rd. "Certainly, we would like jobs to come from there." Finkl's factory is in Smith's ward but will become part of the 2nd Ward in 2015.


Ald. Scott Waguespack, 32nd, said one idea is to try to attract green manufacturers, which might blend more easily with the neighborhood.


Some also have questioned Finkl's move from an upscale, predominantly white neighborhood to a predominantly black neighborhood dotted with boarded-up houses. Finkl has ringed the site with pine trees.


"What can we do now? Nothing," said Peggy Montes, president of the Bronzeville Children's Museum, located two blocks east of the new factory. She said the time to question Finkl's move has long passed. Going forward, Montes said, the conversation should be focused on how the company can help the community. "We don't have a YMCA; we are missing a lot of community-type services."


A 2008 Tribune investigation found that among Chicago factories, Finkl ranked worst for dangerous air pollution. At the time, its emissions of chromium, lead, manganese, nickel and zinc accounted for nearly a third of the city's total health risk from industrial pollution, according to the newspaper's analysis of U.S. Environmental Protection Agency data.


Liimatainen said equipment purchased for its new plant is the most energy-efficient on the market and therefore produces the lowest emissions. The investment, he said, makes the company more cost-competitive.


"The best way (to be environmentally conscious), is to use the lowest amount of energy," Liimatainen said.


For example, Finkl purchased a 70-ton electric arc furnace to make molten steel. The furnace's technology has reduced the time to make a batch of steel to about 40 minutes from roughly 4.5 hours.





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