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Northern Star

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The Student News Site of Northern Illinois University

Northern Star

The Student News Site of Northern Illinois University

Northern Star

2 top execs stepping down at publisher Tribune amid turmoil

By TALI ARBEL | February 18, 2020

Two top executives at newspaper publisher Tribune are stepping down as the company deals with its largest shareholder, a hedge fund known for cutting newsroom jobs, andgrapples with a decline in revenue as the print-ad business shrinks.The Chicago-based...

US sanctions Russian oil trading firm for role in Venezuela

By BEN FOX | February 18, 2020

WASHINGTON (AP) — The Trump administration announced sanctions Tuesday on a Russian state-controlled brokerage that has helped the Venezuelan government skirt an American oil embargo and enabled President Nicolas Maduro to keep his grip on power in...

Payback: Trump ousts officials who testified on impeachment

By DEB RIECHMANN, COLLEEN LONG, and NANCY BENAC | February 8, 2020

WASHINGTON (AP) — Exacting swift punishment against those who crossed him, an emboldened President Donald Trump ousted two government officials who had delivered damaging testimony against him during his impeachment hearings. The president took retribution...

Trump airs impeachment gripes while pushing economic agenda

By DARLENE SUPERVILLE | February 7, 2020

CHARLOTTE, N.C. (AP) — President Donald Trump came to North Carolina on Friday to showcase a new economic revitalization program, but he quickly took a verbal detour to reprise complaints about his impeachment by the House, saying Democrats should have...

Credit Suisse says CEO Thiam resigns amid spying scandal

February 7, 2020

GENEVA (AP) — Credit Suisse CEO Tidjane Thiam is resigning after nearly five years on the job, acknowledging that a spying scandal caused “anxiety and hurt” and tarnished the reputation of the top-drawer Swiss bank.The bank said in a statement Friday...

Chicago’s former top cop consulting local cannabis company

February 1, 2020

CHICAGO (AP) — A former head of the Chicago Police Department is advising a local cannabis company on security after more than $200,000 was stolen from it during a burglary last month.Danny Marks, the co-owner of MOCA Modern Cannabis, told the Chicago...

US hits Iran with new sanctions, keeps some waivers in place

By DEB RIECHMANN | January 30, 2020

WASHINGTON (AP) — The Trump administration said Thursday that it will continue — at least for now — its policy of not sanctioning foreign companies that work with Iran's civilian nuclear program. But to signal that its pressure campaign against...

Low-cost fashion brand H&M sees full-year sales up by 11%

January 30, 2020

COPENHAGEN, Denmark (AP) — Swedish low-cost fashion brand Hennes & Mauritz AB says its net sales have increased by 11% to 232.7 billion kronor ($24.2 billion) last year “in an ever-changing fashion industry.”The Stockholm-based group says its...

Misinformation pledge gains a supporter in presidential race

By AMANDA SEITZ | January 29, 2020

CHICAGO (AP) — Massachusetts Sen. Elizabeth Warren joined former Vice President Joe Biden on Wednesday in a presidential campaign pledge to avoid the use of fake news, manipulated images or online misinformation.The declaration signals that viral misinformation...

McDonald’s wraps up tumultuous year on a strong note

By DEE-ANN DURBIN | January 29, 2020

McDonald's wrapped up a tumultuous year on a high note after the company's CEO was ousted in November.The burger giant said Wednesday it surpassed $100 billion in annual sales for the first time, and notched its highest same-store sales in more than a...