Local fashion designer, new mom expands business to Shanghai
By Mallory Hughes Native Chicago designer Christina Fan is hoping to change the way women wear furs. In 2008, Fan designed and launched C/FAN, a women’s wear collection, out of her apartment in Wicker Park. Responding to demand, the line quickly evolved into a contemporary fur accessories brand, featuring hats, scarves, vests and sweatshirts made […]
Chicago Fed president: freeze rates until 2016
By Lucy Ren Charles Evans, president of the Federal Reserve Bank of Chicago, said the Fed should “hold off on raising short–term rates until 2016” in order to achieve the 2 percent inflation objective.
Tribune Publishing reports sharp drops in profits and sales in Q4
By Yasufumi Saito In its first report as a separate entity, Tribune Publishing Co. announced Wednesday drops in both fourth-quarter and full year profits and sales, mostly due to an advertising decline and its spinoff costs, and predicted further sales decline this year. The shares plummeted about 10 percent at one point, before rebounding to […]
Chicago education tech company targets rural Illinois schools
By Taylor Mullaney When Ryan Hoch started teaching Algebra II in St. Louis five years ago, he found that his students were vastly unprepared for the futures they wanted. “When they got to my class their junior year, 90 percent of my students told me that they wanted to go to college,” Hoch said. “They […]
Diners react to possible Chipotle price hike
By Alysha Khan During the last quarterly earnings call, Chipotle Mexican Grill Inc. executives warned that if the price of beef continued to rise, the chain may have to raise its prices. We took to the streets of Chicago to talk to Chipotle customers about the potential hike.
Solis’ run-off challenger files for a recount in the 25th Ward
By Andersen Xia Aldermanic challenger Byron Sigcho filed a petition for a vote recount in the 25th Ward, wishing to push incumbent Alderman Danny Solis under 50 percent of vote and into a runoff. “We see that it’s like one or two votes that each precinct only has to take to swift the election and to […]
Oil prices freeze the Illinois fracking boom
By Holly LaFon Illinois may have missed the fracking boom, as oil prices simmer near $50 a barrel. But a heated drama to reclaim the gold rush is playing out downstate with a cast of environmental activists, big oil, farmers, politicians and Saudi Arabians. Only one company, Strata-X signed up to apply for a permit […]
New Chicago Steel coach learns on the job
By Ryan Lund Dan Boeser had a lot to think about during the nearly nine-hour bus ride between Bensenville, Ill. and Lincoln, Neb. A former assistant coach with the United States Hockey League’s Chicago Steel, Boeser was named the team’s head coach and general manager on Feb. 11, after former coach Scott McConnell and the […]
