Stericycle sustains revenue growth; but stock falls

by Jin Wu

Stericycle Inc. (NASDAQ: SRCL), the Illinois-based world’s largest provider of regulated medical waste management, reported higher profits in both the fourth quarter and the year 2014 due to its successful acquisition strategy.

For the quarter ended December 31, Stericycle earned $82.5 million, or 96 cents per diluted share, compared with $78.2 million, or 90 cents per diluted share, in the year-earlier quarter. However, the diluted EPS missed the $1.12 consensus estimate of seven analysts, and the stock dropped 2.48 percent. Continue reading

VIDEO: Whole Foods Market opens its doors in Streeterville

By Melissa Schenkman

Taking a walk in the Streeterville this Wednesday morning,  you saw an unusual sight.  Hundreds of people stood outside the new Whole Foods hoping to be the first to shop there. After a year-long wait , the grocery chain is bringing Streeterville’s on-the-go residents healthy choices and already impacting the neighborhood.

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DeVry’s stock tanks as enrollment declines

By Lucy Ren

The stock of DeVry Education Group Inc., one of the largest educational organizations in the world with subsidiaries including Carrington College and DeVry University, plummeted 18.1 percent, as the company’s adjusted earnings per share of 75 cents fell short of the consensus estimate of 78 cents. Continue reading

VIDEO: Snow shoveling tips to protect the heart

By Michaela Meaney

Ten people died this week in Cook County after shoveling snow. Professionals in both the health and landscaping industry weigh in on how to keep your heart safe while out shoveling.

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VIDEO: Challenges persist for women entrepreneurs

By Meg Rauch

Illinois Governor Bruce Rauner recently signed an executive order to improve business opportunities for women and minorities. And President Obama is urging Congress to pass legislation for women to receive equal pay in the workplace. These actions aim to help women entrepreneurs to overcome many of the challenges they face today. A Chicago law clinic has also stepped in to help.  Continue reading

CME’s earnings climb as it becomes more digital, global

By Yasufumi Saito

CME Group Inc., the world’s largest futures-exchange operator, reported late Thursday a 59 percent growth in fourth-quarter earnings as trading volume grew internationally. The shares climbed more than 3 percent Friday.
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Chicago’s ‘problem landlords list’ questioned by experts

By Stephanie Choporis

Housing experts and a private building owner are questioning the effectiveness of Chicago’s ‘problem’ landlords list and the properties selected for the record.

Some think the list is limited in scope and not targeting landlords with the most serious building code violations.

The inaugural list, published on the department of buildings website on Jan. 27, contains 45 residential properties and their landlords. Owners on the list have gone through at least two administrative hearings in the past two years for the listed property and were found responsible for three or more serious building code violations, such as inadequate heat, lack of hot water, defective or missing smoke and carbon monoxide detectors and insect infestation.
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Roll up your sleeve: Adults may need a measles vaccine too

By Priyam Vora

While the focus surrounding the current measles outbreak is on children, adults may need a measles vaccination too.

Measles made national headlines after a recent outbreak among visitors to Disneyland in California. Out of the 99 cases reported in California (not all were related to Disneyland), more than 60 percent occurred in people over the age of 20, according to California health officials. The first measles case confirmed in Illinois on Jan. 27 was also contracted by an adult, according to the Illinois Department of Public Health.

While measles is perceived to be a children’s disease, health experts emphasize that adults can catch the highly contagious disease and  need protection.

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CME to close most futures pits

By Yasufumi Saito

One of the icons of capitalism is fading out as the world is more digitized.

CME Group Inc., the world’s largest futures-exchange operator, announced Wednesday it will close most of its open-outcry futures trading pits this summer, due to the shift from floor trading to electronic transactions. Continue reading

VIDEO: Chicago goes green in historic Uptown building

By Mariel Turner

With nearly 500 solar panels, energy-efficient lightbulbs and other green commodities, the ICA Greenrise Building is trying to be 100 percent green by 2016. Beginning in 2011, the Institute of Cultural Affairs began remodeling the building, originally built in 1921. ICA officials say maintaining an environmentally friendly facility is simple and financially smart.

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