US producer prices dip as energy and food continue to slide
By Kaitlin Schuler United States wholesale prices fell slightly in February, pulled down by lower energy and food costs, in a performance that suggests inflationary pressures remain under control. The producer price index dipped a seasonally adjusted 0.2 percent in February, according to the U.S. Bureau of Labor Statistics’ Tuesday report, matching economist expectations. The […]
The do-it-all-guy: Illinois Tech’s young coach shoots, dunks and mentors
By Grant Miller Todd Kelly wore a red T-shirt and shorts with matching sneakers as he stepped onto the Keating Sports Center basketball court. He bent his knees, widened his arms and shuffled his feet to prevent the opposing point guard from dribbling around him. When his man passed to the corner, Kelly jumped and […]
Manufacturing educators see career opportunities despite overall sector contraction
By H. Will Racke Originally published on March 15, 2016. Updated on April 13, 2016. Even though Illinois today supports fewer manufacturing jobs than it did before the Great Recession, Chicago-area vocational trainers see a persistent, unmet need for skilled machinists and industrial maintenance technicians. Their starting salaries are in the $50,000 range, and with experience […]
BallotReady launches, impact to be determined
By Misha Euceph Illinois’ primary election day today is the big test, not just for candidates, but for BallotReady, a University of Chicago-backed non-profit, that won $30,000 in a challenge in May 2015. The site’s ambitious mission is to inform voters about every single candidate on their local ballots. The site launched earlier this year […]
DSW Inc.’s fourth quarter not as bad as feared, sales show growth
By Alison Martin Despite a steep decline in profit, DSW Inc.’s fourth quarter results beat investor expectations and helped send the company’s share price higher. In the quarter ended Jan. 30, 2016, The footwear and accessories retailer reported its net income as $11.8 million or 14 cents per diluted share, down dramatically from last year’s […]
Jazz Record Mart collection is now in distinguished company
By Josef Siebert The entire contents of Chicago’s iconic Jazz Record Mart now sits in a warehouse in Reno, Nevada. Over 50 years of history were piled onto 25 pallets and shipped to Wolfgang’s Vault, an online music memorabilia seller, after JRM closed for business Feb. 15 The items will be sorted, priced and listed […]
Bowling and ‘League of Legends’ pay high school senior’s college ticket
By Tolly Taylor Steve Balachowski threw another strike, turned around and continued his explanation of “League of Legends.” His coach looked confused. He had never heard of it. The senior finished his description and then finished bowling a 217. “I went home and looked it up to see what it’s all about,” said Mike Paskvan, […]
Black Diamond reports year-end loss, plans to shake up operations
By Sarah Very Despite a one-time charge that stifled its bottom line, Black Diamond Inc. turned in results Monday that bested Wall Street estimates, and unveiled plans for a major corporate restructuring. The Salt Lake City, UT-based maker and marketer of equipment and apparel for climbing, mountaineering, backpacking and skiing reported a loss of $20.7 […]
Imperial Lamian: traditional Chinese food in a “modern, hip space”
By Ya Zhou Chicagoans can dine on authentic and modern Chinese cuisine at Imperial Lamian‘s first U.S. location in the heart of Chicago’s bustling River North neighborhood. The restaurant takes its name from lamian, a traditional Chinese food with a history dating back to the 16th Century. The process of making lamian involves taking a […]
Vote informed: BallotReady stresses local races
By Harvard Zhang Are you voting for someone because you think he or she has a cool name? Or it’s the first person on the ballot? Do you ever guess for offices further down the sheet or simply leave blanks? In this big election year, a pair of online services want to empower you with […]
