Inside these posts: Los Angeles

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Diann Burns selling Lincoln Park mansion

ELITE STREET | By Bob Goldsborough | Eyeing a move to southern California for both professional and personal reasons, former TV anchor Diann Burns and her talent agent husband, Marc Watts, have placed their 13-room, 5,752-square-foot Lincoln Park mansion on the market for $4.825 million.

Burns, 54, was an anchor at top-rated WLS-Ch. 7 for close to two decades before jumping to WBBM-Ch. 2 in 2003. She left “CBS-2″ in 2008 when her contract was not renewed.

Since last spring, she has been hosting the Chicago Urban League’s “Next TV” program,¬† which airs Sunday mornings on Fox-owned WFLD-Ch. 32. Get the full story »

Will Eisner be Tribune Co.’s next chairman?

Former Disney CEO Michael Eisner on July 7, 2010. (AP Photo/Nati Harnik)

By Dawn C. Chmielewski, Michael Oneal and Sallie Hofmeister

Former Walt Disney Co. Chief Executive Michael Eisner is in discussions that could lead to his return to the media spotlight — as chairman of the now-bankrupt Tribune Co.

The Chicago-based media company’s largest creditors are having preliminary conversations with prospective candidates who could operate Tribune Co. once it emerges from bankruptcy, according to several people with knowledge of the situation.

Eisner, who has been dabbling in the digital world as an investor since stepping down from Disney in 2005, is among the candidates under consideration to replace Chicago real estate magnate Sam Zell as chairman of the reorganized company. Get the full story »

Chicago leads largest cities in sales tax

It’s another dubious honor for Chicago.

Just as Illinois touts its first sales-tax holiday, a new report highlights Chicago as having among the highest retail sales tax rates of the nation’s largest cities. At 9.75 percent once county, mass transit and city taxes are added to the statewide 6.25 percent sales tax, Chicago’s tax rate¬† is equal to that of Los Angeles. Get the full story »