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Chicago News:

Rauner Threatens To Cut Part Of School-Funding Bill
With little more than a month until many school districts open their doors, Springfield still hasn't finalized a school funding plan.

Cardinal Cupich Speaks To City Club Of Chicago
Nothing was off the table as Cardinal Blase Cupich spoke Monday to a packed house of City Club of Chicago members at Maggiano's in Chicago's River North neighborhood.

Two Men Fatally Shot In Woodlawn
Officers responded to a shooting about 2:50 p.m. in the 6300 block of South St. Lawrence.

New Policy Will Set Affordable Bond For Non-Violent Crimes
Cook County Chief Judge Timothy Evans is telling judges they must set an affordable bond for people accused of non-violent crimes.

MacArthur Foundation Gives $10M In Grants To Combat City Gun Violence
Among the ten organizations receiving money is Chicago Neighborhood Initiatives.

Stateville Inmate Dies At Chicago Hospital
A Stateville Correctional Center inmate died Sunday afternoon at a Chicago hospital.

Fox Lake Residents Face Repairs, Cleanup As Flooding Recedes
Flooding on Fox Lake and the Fox River began to recede over the weekend, but the water could take several days to go down to normal levels.

Durbin: Health Care Vote Delay Will Display Bill's Faults
Sen. Dick Durbin said the delay in the vote is good, as the public can then take a closer look at the proposed “Obamacare" replacement.

Report: Singer R. Kelly Luring Women Into 'Cult'
R&B superstar R. Kelly has lured at least a half-dozen young women into an abusive, "cult-like" existence, according to a deeply disturbing account from Buzz Feed.

New Netflix Movie May Change The Way People Think About Eating Meat
The new Netflix movie, Okja could influence the way we think about eating meat.

Canceled $30K Wedding Becomes Dinner For Indiana Homeless
An Indiana woman didn't want her canceled $30,000 wedding to go to waste, so she threw a dinner party for the homeless.

Police Release New Sketch Of Suspect In Delphi Teen Murders
Authorities investigating the murder of two Indiana teenagers on Monday issued a new sketch of the man they believe is the prime suspect.

The latest in accounting management news, stories and tips

Daily Edition Top Stories:

FASB proposed changes on debt classification and inventory disclosures.

Financial Accounting Standards Board proposed accounting standards updates.