Boeing shares tumble on disappointing forecast
By Siri Bulusu Boeing Co. shares took a nosedive Wednesday after the aerospace giant unsettled investors by disclosing that full-year 2016 earnings will fall well short of Wall Street expectations. In New York Stock Exchange trading Wednesday, the Chicago company’s shares tumbled a punishing 8.7 percent, closing down $11.43 at $116.58. Boeing’s fourth quarter profit […]
Amazon offers full refund for hoverboards
By Siri Bulusu In response to mounting evidence of hoverboards spontaneously exploding and injuring customers, Amazon.com Inc. offered Wednesday to pay full refunds for all hoverboards purchased through its site. Amazon’s announcement comes on the heels of a statement issued by Elliot Kaye, chairman of the Consumer Product Safety Commission, who urged anyone with a hoverboard to […]
Roscoe Village businesses anxious to see the last of Western Viaduct
By Siri Bulusu Area businesses are enthusiastic about a city plan to transform the crumbling Western Ave. viaduct into a pedestrian-friendly boulevard, but wish the city would let them in on the details. The four-phase project, estimated to last between 18 and 24 months, will replace the Western Ave. viaduct with a five-point intersection between […]
