Urban Outfitters shares jump on year-end results
By Xuanyan Ouyang Shares of Urban Outfitters Inc. soared 16 percent Tuesday — even though the company’s earnings declined – as investors reacted to the specialty apparel retailer’s late-Monday release of fourth quarter results. For the quarter ended January 31, the Philadelphia-based company’s net income dipped 9.2 percent to $72.9 million, or 61 cents a […]
Danny Vitale shows NFL scouts tight end potential at Northwestern pro day
By Tolly Taylor Danny Vitale shot out of his break, spinning his head around to track the football. He tapped his toes just before the sideline and lunged his arms out, reaching for another fingertip grab. Too far. That one got away from him. He shook his head as he got back in line with […]
Injured junior hockey player gets rare medical procedure
By Lena Blietz The parents of Matt Olson, a junior hockey player from Minnesota, gave an update on their son’s condition after he suffered a fall that left him paralyzed in February. And his doctor said Olson has undergone a first-in-America treatment. Olson is a defenseman and co-captain for the Chicago Cougars, a Tier 3 […]
On International Women’s Day, workers rally for better treatment
By Kierra Gray Women workers rallied Tuesday outside the so-called “Rock N Roll” McDonald’s in River North to fight for a 15-dollar minimum wage and an end to workplace discrimination. In honor of International Women’s Day, workers from fast food restaurants presented a petition to the manager at the McDonald’s. The protesters said gender, race and age […]
Back to school: renowned composer Philip Glass returns to the University of Chicago for three-day residency
By Frances Van de Vel In 1956, Philip Glass graduated from the University of Chicago at the age of 19 with a degree in mathematics and philosophy. His eventual career path, however, strayed far from those tracks in pursuit of musical composition. Sixty years and multiple operas, soundtracks and concertos later, the alumnus finally returned […]
Scan, cook and serve: Smart oven turns up the heat on home meals
By Claire Donnelly Your microwave is about to get very jealous. Chicago startup company Tovala has designed a new smart oven that cooks meals to perfection by simply reading a barcode. The company launched a 30-day Kickstarter campaign with a $100,000 goal Tuesday to help fund production costs and raised $90,957 by 6:42 p.m. The […]
Chicago tech startup takes dog-walking digital
By H. Will Racke Sometimes, inspiration for extraordinary ideas strikes at ordinary moments. In the case of Lina Pakrosnyte, founder and CEO of Urban Leash, that moment occurred in the summer of 2013 when her mother was visiting and lamented that she had to run home to let the dog out. As the Uber arrived, […]
Navistar shares slump on first-quarter loss
By Siri Bulusu Navistar International Corp. shares tumbled after the company, citing “softer industry conditions” and lower export sales, reported a substantial first-quarter loss. The commercial and military truck manufacturer disclosed a net loss of $33 million, or 40 cents per diluted share, a narrower deficit than the year-ago quarter’s $42 million, or 52 cents […]
Child killer charged: ‘He’s gone forever. He was just a 9-year-old boy.’
By Thomas Vogel The man charged Monday for the grisly killing of 9-year-old Tyshawn Lee in November made incriminating statements while in police custody, boasting about the murder and describing plans to write a rap song about it, city and county officials revealed Tuesday. During a press conference at Chicago police headquarters, however, authorities declined to […]
Battle for the board: United shareholders plan proxy fight
By Poroma Pant Holders of a 7.1 percent stake in United Continental Holdings Inc. – unhappy with the company’s share price – plan to launch a proxy fight to claim six seats on the airline’s board. On Tuesday, United disclosed hedge funds PAR Capital Management Inc. and Altimeter Capital Management L.P. had advised the carrier […]