Unemployment Insurance claims show unexpected rise
By Siri Bulusu The number of Americans filing for unemployment benefits unexpectedly increased last week, although underlying trends continue to suggest a strengthening labor marker. For the week ending March 3, the U.S. Department of Labor said Thursday, initial unemployment insurance claims rose by 6,000 to 278,000, surpassing consensus expectations of Bloomberg analysts who anticipated […]
New brew from ancient Peru featured at Field Bistro (VIDEO)
By Siying Li You can always read about an ancient culture in books or see the objects it produced at a museum. And now you can even taste it. Inspired by the brewing customs of the Wari people in ancient Peru, the Field Museum will launch a new beer in March, made with traditional Peruvian […]
Experts Discuss How to Reduce Illinois Prison Population
By Torene Harvin More than 40 people gathered at the Jenner and Block law firm Wednesday to discuss Gov. Bruce Rauner’s plan to decrease the Illinois state prison population. The Illinois Policy and American Civil Liberties Union (ACLU) announced strategies to decrease the prison population by 2025. “There are only a couple of ways to […]
The high price of prescription drugs: A hard pill to swallow
By Valerie Lapointe A new hepatitis C drug that costs $750 per pill came on the market in 2015. Martin Shkreli acquired the rights to an AIDS medication and raised the price 5,556 percent in 2015. “Does this represent a cultural shift in the orientation of pharmaceutical company executives and of the public’s tolerance to […]
A Riveting Enterprise: Rivet Radio Inc.
By Poroma Pant “There’s an audio renaissance coming,” said John MacLeod, chief executive officer of Rivet Radio Inc., a Chicago-based digital news radio broadcaster that aims to replicate Pandora’s success with online music streaming but for news.
Chicago Symphony Orchestra’s “A Midsummer Night’s Dream” captures children’s chuckles
By Frances Van de Vel The older a joke gets, the more it loses its power and capacity to make people laugh. On Feb. 13, however, the Chicago Symphony Orchestra and guest artists from Chicago Shakespeare Theater proved the opposite with a playful performance of Felix Mendelssohn’s incidental music to Shakespeare’s “A Midsummer Night’s Dream.” […]
Growth Slowdown Hits Kroger Shares
By Xuanyan Ouyang Kroger Co. turned in year-end earnings that modestly topped analyst forecasts, but the grocery chain’s shares took a tumble after officials warned that sales growth will slow in the coming year. In the 2015 fourth quarter ended January 30, the Cincinnati-based grocer’s net earnings rose 7.9 percent to $559 million, or 57 […]
Joy Global shares digging out from their deep hole
By Harvard Zhang Joy Global Inc.’s shares surged after the opening bell Thursday after the company – plagued by abysmal conditions in the mining industry, tumbling metal prices and sluggish global demand – turned in a deeper-than-anticipated fiscal first quarter loss. In the quarter ended Jan. 29, the Milwaukee, Wis.-based maker of mining equipment swung […]
Coloring books for adults are best sellers – There’s one about Donald Trump, too
By Lucia Maffei For Imelda Fiedler, it all started with a casual meeting on the bus. On her way back from Baltimore, she sat next to a woman who had just started a new hobby: coloring. The woman couldn’t resist telling Imelda how funny coloring was, and how much she enjoyed her new passion. The talk must […]
Clinton supporters in Chicago look beyond her Super Tuesday wins
By Yingxu Jane Hao D emocratic presidential candidate Hillary Clinton and her Republican rival Donald Trump dominated the Super Tuesday states this week, each winning seven. Both of them won in Alabama, Arkansas, Georgia, Massachusetts, Tennessee and Virginia. Clinton also won Texas, and Trump Vermont. As Clinton supporters gathered in downtown Chicago to watch the […]