- published: 17 Jun 2014
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The Chicago Tribune is a major daily newspaper based in Chicago, Illinois, United States, and the flagship publication of the Tribune Company. Formerly self-styled as the "World's Greatest Newspaper" (for which WGN radio and television are named), it remains the most read daily newspaper of the Chicago metropolitan area and the Great Lakes region and is currently the eighth largest newspaper in the United States by circulation (and the second largest under Tribune's ownership behind Los Angeles Times). Traditionally published as a broadsheet, on January 13, 2009, the Tribune announced it would continue publishing as a broadsheet for home delivery, but would publish in tabloid format for newsstand, news box and commuter station sales. However, in 2011 the Tribune discontinued its tabloid edition.
On April 2, 2007, the Tribune Company announced a buy-out plan led by Chicago real estate magnate Sam Zell worth $8.2 billion, associated with a stock buyback at $34 per share, and an Employee Stock Ownership Plan. The deal closed on December 20, 2007, with Zell as the company's new chairman. As part of the deal, the company sold the Chicago Cubs and its properties, including Wrigley Field and a stake in Comcast SportsNet Chicago, to the family of J. Joseph Ricketts. Less than a year after the deal closed, the Tribune Company filed for Chapter 11 bankruptcy protection on December 8, 2008.
Chicago (i/ʃɪˈkɑːɡoʊ/ or /ʃɪˈkɔːɡoʊ/) is the largest city in the US state of Illinois and the third most populous city in the United States after New York City and Los Angeles. The city has around 2.7 million residents. Its metropolitan area, sometimes called "Chicagoland", is the third largest in the United States, with an estimated 9.8 million people. Chicago is the county seat of Cook County, though a small portion also extends into DuPage County.
Chicago was incorporated as a city in 1837, near a portage between the Great Lakes and the Mississippi River watershed. Today, Chicago is listed as an alpha+ global city by the Globalization and World Cities Research Network, and ranks seventh in the world on the 2012 Global Cities Index. The city retains its status as an international hub for finance, industry, telecommunications and infrastructure, with O'Hare International Airport being the second busiest airport in the world in terms of traffic movements. In 2008[update], the city hosted 45.6 million domestic and overseas visitors. Among metropolitan areas, Chicago has the 4th largest Gross Domestic Product (GDP) in the world, ranking just behind Tokyo, New York City, and Los Angeles. Chicago is one of the most important Worldwide Centers of Commerce and trade.
Rahm Israel Emanuel (pronounced /ˈrɑːm/; born November 29, 1959) is an American politician and the 55th and current Mayor of Chicago. He was formerly White House Chief of Staff to President Barack Obama. He served as senior advisor to President Bill Clinton from 1993 to 1998 and as a Democratic member of the United States House of Representatives, representing Illinois's 5th congressional district, from 2003 until his resignation in 2009 to take his position in the Obama Administration.
Emanuel was chair of the Democratic Congressional Campaign Committee during the 2006 mid-term elections and remained a top strategist for House Democrats during the 2008 cycle. After Democrats regained control of the House in 2006, Emanuel was elected chairman of the Democratic Caucus. This made him the fourth-ranking House Democrat, behind Speaker Nancy Pelosi, Majority Leader Steny Hoyer and Majority Whip Jim Clyburn.
Two days after Obama's election victory, Emanuel was announced as Obama's designee for White House Chief of Staff. He resigned from the House on January 2, 2009, and began his duties as Chief of Staff on January 20, 2009, the day of Obama's inauguration.