In Evanston, a group creates quilts as a form of resistance — and therapy

By Vangmayi Parakala Medill Reports Over two days in February, about 20 people gathered to sew names of women, girls, and babies who died due to gun violence between 2016-2017. Led by Melissa Blount, an Evanston-based clinical psychologist, the attendees sewed the victim’s name and age, accompanied by a motif on each of the sewing […]

Ulta Beauty posts strong growth, price surges

Ulta Beauty

By Charlene Zhang Medill Reports Ulta Beauty Inc. (NASDAQ: ULTA) stock soared 7.6 percent on Friday after the company announced strong fourth quarter results Thursday following market close. Helped by a tax benefit, net income increased 48.5 percent to $208.2 million, or $3.40 per diluted share, compared with $140.2 million, or $2.24 per diluted share, […]

Harvest Christian Bookstore deflects internet with customer service

By Richard Foster-Shelton Medill Reports “In these times of online stores and books that can be delivered immediately to your favorite device, one independent bookstore on the South Side of Chicago has weathered the storm by turning to a very specific demographic: Christians. Harvest Christian Bookstore, at 10600 S. Western Ave., specializes in Christian products. […]

M1 Finance users double after firm ends trading fees

By Jinman Li Medill Reports Can a securities brokerage make money without charging transaction fees? M1 Finance LLC, a Chicago start-up, removed fees for its customers’ trades in December 2017, and has witnessed its number of users more than double to 25,000 since then. The company’s assets under management now total $100 million. Brokerage firms […]