Chicago Mayor Rahm Emanuel has picked a longtime Credit Suisse executive to serve as the city's deputy mayor.
Emanuel's office announced Wednesday that Steven Koch is taking over the position being vacated by Mark Angelson, effective Sept. 4.
Emanuel says Koch's experience in business and government will help create more economic opportunities. And Koch also says he plans to focus on bringing jobs to Chicago.
Koch has spent 27 years at Credit Suisse, where he's held senior leadership roles in the Mergers and Acquisitions and the Investment Banking departments. He also serves as board chairman of both the Sinai Health System of Chicago and the Greater Chicago Food Depository.
The mayor's office says Koch will make $1 a year in his new role, as his predecessor did.
Britain is bracing for clashes with right-wing extremists and possible copycat terror attacks after the slaying of a young soldier, adding some 1,200 police to potential trouble spots.
Both of the suspects accused of butchering a British soldier during broad daylight on a London street had long been on the radar of Britain's domestic spy agency, though investigators say it would have been nearly...
Friday, May 24 2013 9:32 AM EDT2013-05-24 13:32:16 GMT
Some aldermen have questions as a City Council committee gets ready to hold a hearing on Mayor Emanuel's proposed changes to the Chicago parking meter deal.
Some aldermen have questions as a City Council committee gets ready to hold a hearing on Mayor Emanuel's proposed changes to the Chicago parking meter deal.
Former Chicago Bears lineman and FOX contributor Dan Jiggetts is an advocate for preventing the sale of high capacity ammunition magazines in Illinois. He's also working on Rocky's Law with Governor Quinn.
Former Chicago Bears lineman and FOX contributor Dan Jiggetts is an advocate for preventing the sale of high capacity ammunition magazines in Illinois. He's also working on Rocky's Law with Governor Quinn.
Amid lingering concerns about his national security policies, President Barack Obama is outlining measures to clarify the deadly use of drones against terror suspects.
President Barack Obama sought Thursday to advance the U.S. beyond the unrelenting war effort of the past dozen years, defining a narrower terror threat from smaller networks and homegrown extremists rather than the grandiose...
Thursday, May 23 2013 4:36 PM EDT2013-05-23 20:36:47 GMT
The Obama administration has picked a private attorney and former federal prosecutor to head the U.S. attorney's office in Chicago, U.S. Sen. Dick Durbin announced Thursday.
The Obama administration has picked a private attorney and former federal prosecutor to head the U.S. attorney's office in Chicago, U.S. Sen. Dick Durbin announced Thursday.
Thursday, May 23 2013 2:18 PM EDT2013-05-23 18:18:06 GMT
Illinois legislation allowing public possession of concealed guns has passed the House Judiciary Committee. It was a compromise backed by Speaker Michael Madigan.
Illinois legislation allowing public possession of concealed guns has passed the House Judiciary Committee. It was a compromise backed by Speaker Michael Madigan.
205 N. Michigan Avenue Ground Floor Chicago, IL 60601 Station Operator: (312) 565-5532 Newsroom: (312)565-5533
