United fourth-quarter earnings beat expectations

United Airlines is the No.3 U.S. airline by passenger traffic. (Courtesy of United Airlines)

By Shen Lu United Continental Holdings Inc. on Tuesday reported a better-than-expected 1.6 percent decline in its fourth-quarter passenger unit revenue, a key metric to determine the efficiency of an airline, as its net income slipped 52 percent.

U.S. consumer prices rise the most since mid-2014

Supermarket in North America

By Jiefei Liu The U.S. consumer price index rose for a fifth consecutive month in December, driven by rising shelter and gasoline prices. The CPI, which measures the price of everything from cereal to medical care, climbed 0.3 percent from the previous month, and 2.1 percent from a year ago, according to the U.S. Bureau […]

Industrial Production Rose 0.8 Percent In December On Strong Utilities Gain

(Images Via PG&E )

By Mengjie(Jessie) Jiang Industrial production in the United States swung to a better-than-expected increase in December, boosted by output at utilities and manufacturers, suggesting a positive advance look at economic growth. Industrial production–a measure of output at factories, mines and utilities–rose a seasonally-adjusted 0.8 percent in December from a downward-revised 0.7 percent decline in November, […]

Northern Trust misses estimate, stock plummets

person passing by Northern Trust

By Yifang(Evonne) Liu Northern Trust Corp. stock dropped 4.7 percent after the company reported fourth-quarter net income of $1.11 per diluted share, compared with 99 cents in the prior year, missing analysts’ estimate of $1.13 compiled by Bloomberg. Net income was $266.5 million, up 11 percent compared with $239.3 million in the prior-year quarter and […]

Consumers brace for higher gas prices in 2017

H. Levitt Gas Price Story Photo

By Hannah Levitt Irving Park resident Barbara Cameron uses her car as her primary way of getting around Chicago. The freelance producer fueled her vehicle at a Shell station on the corner of LaSalle St. and North Ave. this week, where regular unleaded gas was $2.989 per gallon. “It affects everything, we just don’t have […]

The World Series champs now reside on Clark and Addison, but what’s next?

Pitcher Jose Rosario signs autographs

By Astasia Williams When the clock struck noon Friday, the madness and celebration began. Lines are cluttered with ecstatic fans dressed in their favorite Cubs players’ jerseys and other team merchandise. People are waiting and talking with other fans, taking photos, and reading books to pass the time until check-in begins at the Sheraton Grand […]

Collegiate e-sports athletes seek more audience through live streaming

By Yifan Wu Wearing a varsity sweatshirt and blue jeans, Samer Bassam looks like an average college freshman. Like most 18-year-olds new to campus, he plays video games after his classes. Unlike other students, Bassam broadcasts his gameplay as the most visible face of Robert Morris University’s e-sports program. Bassam turned down admission to Northwestern […]

Body of Life: Yoga as Treatment for Eating Disorders

By Kathleen McAuliffe During her 15-year struggle with an eating disorder, Heather Jacoby’s body has been an object of self-hatred. But when she began yoga therapy as a part of treatment, her body became a means of self-acceptance. “The first time I walked into the yoga studio, I found peace for the first time,” Jacoby […]

CSX disappointed market with flat fourth-quarter earnings

CSX train

By Yemeng Yang Fourth-quarter profit of CSX Corp., the Jacksonville, Fla.-based railroad operator, slightly beat Wall Street’s expectation, but shares plunged more than 3 percent because of excessive expectations and the company’s weak guidance for this year. CSX reported late Tuesday net income of $458 million, or 49 cents per share, in the quarter ended […]

Captain Clutch: Evans bringing confidence to Ramblers

Loyola Academy 2

By Andres Waters Just seconds after the crowd erupted, Loyola Academy’s gym instantly fell silent as senior captain Ramar Evans stepped to the free-throw line to shoot a 1-and-1. Down by two with four seconds left in the fourth quarter, it was all up to him. Evans had struggled to find his rhythm all night, […]