Marquette Park 4’s exoneration marks milestone for Illinois

By Kara Voght Theresa Johnson knew there was no way her son, Charles, committed the robbery and murder he’d been convicted of. Convincing others of his innocence, however, was another matter. “Everybody would just close the door practically in my face,” Johnson said of her repeated attempts to obtain legal help for Charles, who, along […]

Gasoline drives consumer prices to biggest increase in 4 years

By Wenjing Yang The U.S. consumer price index recorded its biggest increase in nearly four years in January, led by higher costs for gasoline and signaling that inflation may be gaining momentum. The CPI, which measures the price changes of certain consumer goods and services purchased by households, climbed a seasonally adjusted 0.6 percent last […]

Groupon soars on higher adjusted earnings, expense cuts

By Christine Huang Groupon Inc.’s stock skyrocketed 22.8 percent to $4.64 per share after the company reported increased revenues, better-than-expected adjusted income and strategic changes including reduced expenses and a scaled-back global footprint. Groupon, a Chicago-based daily local deals platform for goods, services and experiences, has over 52 million active customers worldwide, as of the […]

The path least taken

Cruz3

By Karl Bullock As a scrawny 15-year-old freshman in 2013, Rafael Cruz Jr. sauntered up to Von Steuben basketball coach Marvin Williams with confidence. “I told him I was going to play varsity, and he just laughed at me,” Cruz said as he stretched his arms out on his living room couch with a slight […]

Record high U.S. oil inventories have little effect on markets

Gas Station Chicago

By Hannah Levitt U.S. crude oil inventories increased by 9.5 million barrels, bringing total inventories to a record high of 518.1 million barrels for the week ended February 10 according to the U.S. Energy Information Administration. This was the sixth consecutive week of increases. It came in contrast to the expected increase of 3.5 million […]

Zebra expects stronger performance in 2017

Zebra Chicago Office

By Yingcong (June) Fu Zebra Technology Corp. is seen as having returned to profitability in the 2016 fourth quarter after four consecutive quarterly losses, and further increasing income in 2017. The provider of printers and barcode scanners is estimated by analysts to make annual revenue of $3.58 billion in 2017, slightly higher than the estimate […]

Video: Iranian baker’s job opportunities rise in Chicago

By Jenna West As a woman in Iran, Ghazal Tahmasebi’s job opportunities were limited. After moving to America, her dreams of being a professional baker are finally coming true. In this short documentary, we spent two mornings with Ghazal learning about making croissants and how timing is everything. Baker Ghazal Tahmasebi dusts powdered sugar on […]

South Africa’s Soccer Team of Transition

By: Jacob Rogers John Real Soccer Academy is not your average soccer team. The group is made up of players from all over Africa who have come to South Africa with the hopes of becoming professional footballers. But there are some obstacles in their path. Photo at top: Behind the goalpost at morning practice. Taken […]

Analysts recommend holding NiSource stock in 2017

Natural Gas Oven

By Hannah Levitt The majority of analysts surveyed by Bloomberg recommend holding NiSource Inc. stock in 2017, expecting a revenue increase to $4.6 billion from $4.52 billion expected in 2016 and a stock price increase to a 12-month target of $23.95 per share from Tuesday’s closing price of $22.25. Analysts expect steady growth due to […]