CHICAGO – Metra to add rail cars that can accommodate bicycles. The bike rail cars began operating on the Rock Island and BNSF lines on Saturday, according to Metra. The cars can accommodate 16 bicycles instead of the 5 that Metra had been operating.
The bike cars will be available on weekday and weekend trains and are identifiable by a bright blue and grey color scheme on the exterior and a large white bicycle decal next to the exterior doors. The initiative also emphasizes Metra’s dedication to environmentally friendly “green” transportation choices.
During a gunfight Saturday at a parking garage on a busy Near North Side block, rapper Lil Reese and two others were wounded. According to Chicago police, the men were “. . . all shooting at each other. . ” around 9:50 a.m. inside a parking garage in the first block of West Grand Avenue.
Police sources said 2 men, ages 27 and 28, were taken to Northwestern Memorial Hospital with gunshot wounds. The younger man was hit several times and was critically injured, while the older man was grazed in the eye and was listed in good condition. One of the injured men, according to a police source, was rapper Lil Reese, whose legal name is Tavares Taylor.
According to police, a third man, 20, was transported to Stroger Hospital in good condition with two gunshot wounds to his knee.
Taylor has been shot twice since November 2019, when he was shot in the neck in the south suburban community of Country Club Hills.
Witnesses who did not want to be identified mentioned a “weird” sequence of events in the garage of a luxury high-rise condominium in a busy town.
Taylor’s PR staff declined comment if the gunfight was a publicity stunt and as of Saturday afternoon, no one has been charged in the gunfight.
BELVIDERE, IL — As automakers continue to be troubled by a global shortage of semiconductors, 1,600 jobs are being cut at a Jeep Cherokee factory in Belvidere Illinois.
Stellantis, formerly known as Fiat Chrysler, announced on Friday that one of the two work shifts at its Belvidere Assembly Plant would be eliminated as of July 26. The Belvidere plant has been closed since late March, with Stellantis constantly delaying its reopening, which is now scheduled to take place later this month at the earliest.
The recent chip shortage, which was triggered by semiconductor makers moving their factories to more lucrative consumer-electronics processors has forced the closure of a number of other auto plants, including those operated by General Motors and Ford Motor Company in recent months.
WASHINGTON — Wholesale prices rose 0.6 percent in April, shocking economists and providing more proof that inflation pressures are beginning to mount as the world emerges from a pandemic-induced recession.
The increase in the producer price index, which tracks inflationary pressures before they hit customers, was more than twice the 0.3 percent increase expected by economists. The rise came after a significant 1% increase in March, according to the Labor Department.
Wholesale prices have increased by 6.2 percent in the last year, the highest increase since the data was first collected in 2010.
Food prices increased by 2.1 percent in April, the largest monthly rise since a similar increase in October last year. The cost of airline services and food retailing services increased by 0.6 percent. The rise in the total cost was responsible for two-thirds of the increase in wholesale prices.
Core inflation, which excludes volatile food and energy prices, increased by 0.7 percent in April, indicating widespread price pressures as demand rises with the economy’s reopening. Core wholesale inflation has increased by 4.1 percent in the last year.
Officials from the Federal Reserve, including Chairman Jerome Powell, argue that recent price rises are only temporary as the economy reopens and are not a warning of out-of-control inflation.
However, rising prices have jolted Wall Street, which has now dropped three days in a row and seen the largest one-day decline in the S&P 500 since February.