Stop The Violence
By Richard Foster-Shelton Medill Reports In recent years, Chicago has made international headlines for the sky-high murder rates in the city. Unfortunately, this problem has cast a shadow on the people that are doing their part to reverse the trend. During this episode of Medill Newsmakers, Richard Foster-Shelton highlights the people in Chicago that are […]
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. […]
Navistar posts loss but beats estimate, remains optimistic
By Richard Foster-Shelton Medill Reports Navistar International Corp. (NYSE:NAV) based in Lisle, Ill., reported an exacerbated net loss but beat analysts’ expectations, for its first quarter ended Jan. 31. The company reported a net loss of $73 million, or 74 cents per diluted share, compared with a loss of $62 million, or 76 cents per […]
Factory orders decrease for first time in six months
By Richard Foster-Shelton Medill Reports The U.S. Census Bureau announced new orders for manufactured goods in January were $491.7 billion, a decrease of $6.9 billion or 1.4 percent from December’s $498.6 billion. The month-to-month decrease comes after five consecutive monthly increases from July to December. Unfilled orders dropped to $1.14 trillion from $1.44 trillion, a […]
Kohl’s beats estimates but stock falls
By Richard Foster-Shelton Medill Reports Kohl’s Corp. (NYSE:KSS), based in Menomonee Falls, Wis., reported increases in revenues and net income, exceeding analysts’ expectations, for the fourth quarter ended Feb. 3. But the stock fell. Helped by strong holiday sales, tighter inventory control and a tax benefit, the company reported net income of $468 million, or […]
NBA Commissioner Adam Silver reinforces NBA’s stance on sports betting
By Richard Foster-Shelton Medill Reports LOS ANGELES – NBA Commissioner Adam Silver emphasized his belief that the NBA should receive a 1% “integrity fee” if the Supreme Court gives all 50 states the option to legalize sports gambling as expected later this year. “From the NBA’s standpoint, we will spend this year roughly $7.5 billion […]
Stars turn out for All-Star Weekend bowling fundraiser for LadyLike Foundation
By Richard Foster-Shelton Medill Reports LOS ANGELES — Publicly, All-Star Weekend is notable for being a time when celebrities descend on the host city to enjoy a work-free weekend. Privately, one woman worked tirelessly behind-the-scenes to make sure the gathering of big names was not in vain. On Thursday, Leah Cher Pump, president and CEO […]
Madison Square Garden beats estimate
By Richard Foster-Shelton Medill Reports Madison Square Garden Co. (NYSE:MSG), based in New York City, reported healthy increases in revenues and net income, exceeding analysts’ expectations, for the second quarter ended Dec. 31. Helped by a tax benefit, the company reported net income of $189.6 million, or $7.96 per diluted share, up from $57.7 million, […]
