Wildcat gamers ask for a little respect — and club status
By Yushun Wang Getting video games recognized as a Northwestern “club sport” might be harder than reaching the Challenger tier in League of Legends. Last week James Yoon, the president of Northwestern University’s eSports group, met with the athletics department to see about upgrading from a “registered student organization” to this next level.
Early morning ashes to go (VIDEO)
By Brooke Rayford In the early morning hours, Pastor Dwayne Grant and members of Xperience Church stood outside the 63rd Red Line stop, in below-20-degree weather, offering Ash Wednesday blessings for those “on the go.” [vimeo 154924876 w=474] This is the third year Pastor Grant has celebrated the Christian holy day outside a South/West side […]
Time Warner’s stock tumbles after Q4 release; company tries to play catch-up
By Ashesha Mehrotra Time Warner Inc. stock plummeted 5 percent after the company reported underwhelming fourth-quarter earnings Wednesday, as content and subscription revenue for both HBO and Turner television network dashed Wall Street’s hopes. The stock closed at $60.03, down $3.18.
Analysts share positive outlook for Boeing as share price struggles
By Siri Bulusu Despite disappointing 2016 outlook estimates and cuts to defense spending, the majority of analysts remain optimistic about the future of Boeing Co. due to the company’s substantial order backlog and new aircraft demand from emerging markets. Following a jarring fourth-quarter earnings release in late January, the Chicago-based aerospace giant’s shares fell a […]
Sealed Air Corp., maker of Bubble Wrap, shows earnings pop
By Steven Porter Sealed Air Corp. shares surged Wednesday after the Bubble Wrap manufacturer turned in far-better-than-expected fourth-quarter earnings. The company, which also manufactures Cryovac food packaging products as well as Diversey cleaning supplies, reported net income of $123.5 million or 62 cents per diluted share, up from $66.3 million or 31 cents per diluted […]
New Roosevelt additions expect to be in mix next season
By Abbas Haleem It’s about next year for two new Roosevelt players. There are only three games left this season for Roosevelt basketball team, and it is unlikely Thomas Cutts and Jake Asquini will play in either of them. However, teammates say the transfer players have displayed the skill needed to compete in the Chicagoland Collegiate […]
Chicago investment returns rose $8.1 million in 2015
By Harvard Zhang The City of Chicago’s bond portfolio earnings grew by $8.1 million, or 16.4 percent, in 2015, the city treasurer announced Wednesday, saying that he had adopted a “responsible approach” to investing taxpayers’ dollars to maximize returns and lower the tax burden. “We have to be prudent in investment and protect the capital meant to operate […]
DTE Energy profits down, but top forecasts
By Kaitlin Schuler DTE Energy Holding Co., hurt by weakness in its non-utility operations, reported fourth quarter earnings which, while down from last year, nonetheless slightly topped analyst forecasts. In the latest quarter, Detroit-based DTE Energy posted net income of $80 million or 45 cents per diluted share, down from $299 million or $1.68 per […]
Mortgage applications climb as lower rates pique interest
By Poroma Pant Responding to a drop in interest rates, consumers stepped up their mortgage applications last week, a trade group reported Wednesday. Mortgage applications increased 9.3 percent from one week earlier, on a seasonally adjusted basis, according to the Mortgage Bankers Association’s latest Weekly Mortgage Applications Survey. The 30-year fixed-rate mortgage on confirming loans […]
Why Chicago teachers rejected a contract offer as schools brace for budget cuts (video)
By Jasmine Cen The Chicago Teachers Union (CTU) held a mass rally in downtown Chicago last Thursday after the union rejected a contract offer from Chicago Public Schools (CPS). On Tuesday, CPS announced cuts of up to $120 million from the current school year budget. [vimeo 154885267 w=474]
