Venmo’s social mobile payments win the day with Millennials
By Taylor Hall On a recent weekend, South Loop resident Christina Rojas and a handful of her closest friends flew from Chicago to Las Vegas for a weekend trip. “Between all the cabs and food and drinks, I think I Venmo’d every ten minutes,” the 25-year-old University of Illinois at Chicago medical student said. “I […]
Hastert pleads not guilty; lawyers given deadline to waive judge on impartiality
By Taylor Hall Former U.S. House Speaker Dennis Hastert pleaded not guilty Tuesday to federal charges that he evaded bank regulations and lied to the FBI after withdrawing money to pay someone to compensate for and to conceal his alleged past misconduct. His first appearance since the indictment was brought against him on May 28, […]
PETRO PERIL: Three months after train derailment in Galena, volatile crude still fuels concerns
By Taylor Hall RELATED STORIES VIDEO: Concerns over safety of fuel-carrying trains in wake of Galena derailment Bakken crude’s cross-country odyssey. Oil by rail: a changing landscape GALENA, Ill.– It was a slow day at the Chestnut Mountain Ski Resort when bartender Hannah Davidson glanced out the dining room’s wraparound window and watched the afternoon […]
April durable goods report shows business investment on the rise
By Taylor Hall Despite a drop in volatile aircraft orders that sent durable goods down slightly in April, economists said a strong rise in business investment was a positive sign for the economy. The U.S. Department of Commerce report Tuesday showed new orders for manufactured durable goods, including items like dishwashers, computers and machinery, fell […]
Handling of NFL Draft sparks student outrage, protest
By Taylor Hall Video by Beth Werge Medill’s Draft coverage Two dozen Medill reporters are covering the 2015 NFL Draft in Chicago. Check back for breaking stories all weekend. As the world watched the first round of the 2015 NFL Draft on Thursday live from inside Roosevelt University’s historic Auditorium Theatre, students outside protested the […]
Twitter’s leaked earnings disappoint investors
By Taylor Hall Twitter shares plummeted more than 6 percent after investors grew concerned over declining engagement and ad and user growth following the release of the company’s first quarter earnings late Tuesday. The company’s net loss widened 22 percent to $162.4 million, or 25 cents per diluted share, from $132.4 million or 23 cents […]
2015 NFL Draft: What you need to know
Medill’s Draft coverage Two dozen Medill reporters are covering the 2015 NFL Draft in Chicago. Check back for breaking stories all weekend. By Taylor Hall The 2015 NFL Draft is scheduled to be held at Roosevelt University’s Auditorium Theatre with an adjacent fan festival, Draft Town presented by Oikos Triple Zero, expanding to Grant Park […]
Drop it like it’s hot? Chipotle shares sink on disappointing sales
By Taylor Hall Chipotle shares sank more than 7 percent Wednesday, despite reporting earnings that topped expectations. The company reported its smallest sales growth among year-old restaurants in the first quarter since 2013. So-called comparable restaurant sales among stores open at least 13 calendar months rose just 10.4 percent, falling below consensus expectations of 11.5 […]
