Why Wall Street is losing patience with energy giant Exxon

Exxon-Primary

By Urvashi Verma Exxon Mobil Corp.’s new CEO Darren Woods announced that the company will spend more on refining operations and acquired projects such as those in the Permian Basin. But the moves aren’t enough to change analysts’ pessimistic forecasts for the company, as higher oil prices hurt the bottom line. Exxon will increase its […]

Korn/Ferry swings to profit

Willis Tower Chicago

By Karen Lentz Los Angeles-based executive search firm Korn/Ferry International reported $23.9 million, or 42 cents per diluted share, in third-quarter earnings Monday, rebounding from a loss of $16 million, or 30 cents per diluted share, in the same quarter last year. Korn/Ferry reported adjusted earnings per share of 53 cents, based on an exclusion […]

Chicago’s shopping cart race celebrates 12th year

By Yifang(Evonne) Liu Hundreds of people gathered on March 4 for the annual CHIditarod. The Chicago Urban Shopping Cart Race, known as the CHIditarod, is a charitable event held in the Wicker Park and Ukrainian Village neighborhoods.

For some local athletes, road to D1 goes right through junior college

Loyola guard Tyson Smith, middle, waits for a free throw in a game against Bradley on Jan. 25.

By Elan Kane Loyola guard Tyson Smith had been playing basketball for years, but nothing prepared him for that practice. It was his first at the College of Southern Idaho, one of the top junior college teams in the country, and it was, according to Smith, one of the hardest practices of his life. But […]

Collins and Walker, an everlasting friendship

Collins and Walker, an everlasting friendship

By Rosie Langello One of the top in-state prospects, Marquise Walker, a sophomore at St. Joseph High School is already receiving Division I offers. He has looked up to several role models in his life but one of those role models has stuck with him ever since he started dribbling a basketball. Former NBA player […]

Why Wall Street May Be Losing Patience for Energy Giant Exxon

Exxon-Primary

By Urvashi Verma Exxon Mobil Corp.’s new CEO Darren Woods announced that the company will spend more on refining operations and acquired projects such as those in the Permian Basin. But the moves aren’t enough to change analysts’ pessimistic forecasts for the company, as higher oil prices hurt the bottom line. Exxon will increase its […]

In a combative world, Aikido teaches defense, not aggression

By Puja Bhattacharjee Aikido is a non-violent and non-aggressive Japanese martial art form developed by Morehei Ueshiba in the early twentieth century. It is a comprehensive system of throwing, joint-locking, striking and pinning techniques, complemented with training in traditional Japanese weapons such as the sword, staff and knife. At places like the Japanese Culture Center in Chicago, Aikido is […]

Six South Side teens spark activism using social media

By Haley Velasco Angered by police violence against the black community, six young black women decided to found a group in 2016 to make their voices heard and to take action. The four original members, who are high school students, Natalie Braye from Francis W. Parker School, Sophia Byrd from Whitney M. Young Magnet High […]

Customers go to Pete’s Barber Shop for the haircut, but stay for the atmosphere

Johnny Lopez (left) and Pete Huels work at Pete’s Barber Shop. (Shen Lu/MEDILL)

By Shen Lu Goofy, silly, friendly. This is how Chicago barber Pete Huels, 40, describes his shop. Pete’s Barber Shop, located in Avondale, offers traditional, low-maintainance men’s haircuts and shaves but with a hipster twist. It has been a staple neighborhood hangout for men since 2011, when Huels opened the place.

Automation lifts manufacturing, and job skills

Instructor Jack Krikorian (left) supervises students operating a CNC milling machine at the training facility of the Technology & Manufacturing Association in Schaumburg. Chicago non-profit organization Bethel New Life provides manufacturing skills and supportive career training for community residents at no cost.

By Mengjie (Jessie) Jiang The latest purchase of Atlas Tool & Die Works Inc. is a high-tech machine called a “vertical machining center” that processes parts with complex profiled surfaces in single setups. The company’s Lyons factory was built on manual work nearly 100 years ago, and Atlas has participated firsthand in manufacturing’s continuing evolution […]