Midwest manufacturing must move away from Rust Belt reputation, experts warn
By Meredith Wilson While manufacturing in the Midwest isn’t going to disappear, a recovery of the industry won’t happen without innovation, according to business leaders and experts speaking at the Society of American Business Editors and Writers conference Friday. Rust Belt manufacturing, which has been declining sharply since the 1980s, is beginning to show signs of […]
Panelists: British high-speed trader could not have caused ‘Flash Crash’
By Brian MacIver and Lucy Ren Bloomberg columnist Matt Levine raised eyebrows Friday at the annual conference for the Society of American Business Editors and Writers, saying that everyday Americans don’t need to understand the internal workings of the financial markets. Speaking during a panel discussion, Levine responded to a question from NPR’s Marilyn Geewax who […]
Rahm sells Chicago minus the warts to visiting business journalists
By Ryan Sachetta Mayor Rahm Emanuel presented a glowing picture of the city of Chicago, emphasizing his push for expanding access to education and job gains in a keynote address to the Society of American Business Editors and Writers Friday evening. Left on the cutting room floor was any mention of the city’s pension crisis, […]
VIDEO: Travel companies look to China for future growth
By Brian MacIver, video by Andrew Fowler U.S. travel executives, speaking on a panel at the Society of American Business Editors and Writers annual convention, pointed to China as the future driver of growth in the industry but said luxury high-end travel is being supplanted by more moderate tastes. Mark Hoplamazian, president and CEO of Hyatt […]
American malls aren’t dying, but they are tracking your data
By Taylor Hall, video by Siyuan Du Retail industry experts say e-commerce won’t be the death of America’s malls, but the digital evolution will be key in ensuring success for the future. Initial fears over the threat of e-commerce to the shopping mall industry have waned, but with Amazon’s stock up 14 percent after the […]
Gov. Bruce Rauner’s refusal to answer questions riles reporters
By Meredith Wilson, video by Andrew Fowler If it was part of Gov. Bruce Rauner’s agenda to court the press during his speech at the Society of American Business Editors and Writers conference in Chicago, it didn’t quite work out. Rauner, a businessman who made his fortune in private equity, gave the keynote speech on Saturday, […]
