Good afternoon, Chicago.
An accounting investigation is underway at Archer-Daniels-Midland and the top financial executive at the agribusiness giant has been placed on administrative leave.
The company postponed the release of its annual and quarterly financial reports that were scheduled for Tuesday and shares of the Chicago company tumbled 21% at the opening bell Monday.
Chief Financial Officer Vikram Luthar was placed on leave, effective immediately.
ADM was the subject of a nonfiction book titled “The Informant” in 2000, and an ensuing film starring Matt Damon, about a 1990s price-fixing scheme for the animal feed additive lysine. Three ADM executives were convicted and the company paid about $100 million in fines.
Here’s what else is happening today. And remember, for the latest breaking news in Chicago, visit chicagotribune.com/breaking and sign up to get our alerts on all your devices.
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Chicago weather: Wintry mix of freezing rain, snow to bring icy conditions
A wintry mix of freezing rain, sleet and snow is expected to descend over the Chicago area Monday through Tuesday morning, bringing icy conditions and slippery roads. Read more here.
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How our 2023-24 seasonal snowfall compares with previous years
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After a slow year for the residential real estate market in 2023, with persistent high mortgage rates and low inventory keeping buyers and sellers sidelined, industry experts are optimistic for the 2024 local and national markets. Read more here.
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Ask the Builder: How to spend the least money to stay warm
Chicago Bears working on a deal to hire Shane Waldron as their new offensive coordinator
Shane Waldron has been the Seattle Seahawks offensive coordinator for the last three seasons and helped quarterback Geno Smith to a comeback season in 2022. Before that, Waldron spent four seasons with the Los Angeles Rams as the passing game coordinator, quarterbacks coach and tight ends coach. Read more here.
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Invictus Theatre Company will move into former Windy City Playhouse
The former Windy City Playhouse at 3014 W. Irving Park Road is coming back to life, courtesy of the Invictus Theatre Company, which will produce its 2024 season in the theater space at the western end of Chicago’s North Center neighborhood. Read more here.
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Digable Planets is coming to Thalia Hall, forever devoted to the hip-hop cause
Possible Trump testimony in sex abuse defamation trial postponed due to juror illness
With former President Donald Trump soon to take the witness stand, a juror’s illness forced a last-minute delay Monday of a defamation trial over his comments about E. Jean Carroll, the writer who claims he sexually assaulted her in the 1990s. Read more here.
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Families of hostages held in Gaza storm Israel’s parliament meeting demanding deal for release
Millions in India celebrate new Hindu temple built on the ruins of razed mosque, in victory for Modi
How to stay healthy during cold, flu and COVID-19 season
January can be the worst month for these illnesses. With vaccination rates low, what can you do to protect yourself from respiratory viruses, including influenza, COVID-19 and RSV? Read more here.
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Harvard Health: New guidelines aim to screen millions more for lung cancer
