Caterpillar shares rise on upside earnings
By H. Will Racke Caterpillar Inc. managed to surpass Wall Street’s fourth-quarter expectations even as fierce global headwinds battered earnings. In the latest quarter, the heavy-equipment titan showed a net loss of $87 million, or 15 cents per diluted share, in sharp contrast with earnings of $757 million, or $1.23 per share, in the final […]
U.S. jobless claims down, trend expected to continue
By Kaitlin Schuler The number of initial jobless claims made by Americans declined last week, indicating continued stability in the country’s labor market as unemployment remains at 5 percent. According to a report Thursday by the Department of Labor, initial claims decreased by 16,000 to a seasonally adjusted 278,000 in the week ended Jan. 23. […]
Thumbnail-sized chip delivers powerful laser, Northwestern researchers report
By Chencheng Zhao Smaller can be better. A new laser developed by Northwestern University researchers can pack a lot of punch into a single thumbnail-sized chip. Unlike a laser used for a laser pointer, the compact laser developed at Northwestern emits in the mid-infrared spectral region. One of the primary appeals of mid-infrared lasers is […]
A 30 for 30 at 30 years: The ’85 Bears stand the test of time
By Tolly Taylor As they had so many times before, players from the 1985 Chicago Bears readied to party. But this time, they celebrated sitting in padded chairs in a movie theater, not standing with drinks at a bar. And the focus was an anniversary, not a victory. Roughly 15 former players from the Super […]
Exelon Corp. analysts project stability of stock despite recent fall
By Kaitlin Schuler Last year was agood one overall for Exelon Corp. Increased net income and falling stock prices encouraged investors to buy or hold Exelon stock. So it’s no surprise that, going forward, analysts recommend buying or holding shares in the large utility services holding company, pointing to the likely continuation of Exelon’s strong […]
Women warriors have special health needs, researchers report
Women veterans are more at risk for lower life satisfaction, lung cancer, cognitive decline and hip fractures than non-veteran women, the Women’s Health Initiative reported in a new study. The initiative published the study in the current issue of The Gerontologist just two months after the Obama administration announced all military roles will be open […]
IIT snaps losing streak without leading scorer
By Grant Miller After losing eight straight games and missing their leading scorer, the odds were against Illinois Institute of Technology. But IIT relied on faith in their team Tuesday night to pull out a win. Despite missing a 20-point scorer in Samuel Rarick, IIT beat Moody Bible Institute 79-59 with a balanced effort of four […]
Chicago festival celebrates hip-hop arts’ positive impact
By Marisa Endicott Some might claim that “hip-hop is dead,” but the 7th Annual Winter Block Party for Chicago’s Hip Hop Arts this Saturday suggested otherwise. “If you go to the spaces, if you go to the open mics, it is alive and well,” said Damon Williams, a performer and activist emceeing for the event. […]
Recruiting minorities is not the solution to police reform, say community groups
By Meggie Morris Community-based organizations demanding police reform say recruiting more minorities to better reflect Chicago’s demographics is not enough to improve police-community relations. The recruitment campaign, which is to end this week, will be ineffective unless the city first addresses the policing system as a whole, the groups say. “It certainly is a prerequisite […]
Deary steals the show for Northwestern
By Michelle R. Martinelli Ashley Deary focuses her eyes on her opponent’s belly button — the best indicator of her next move. She patiently waits to see if the player she’s guarding will pass the ball or drive toward the basket. Then, she sees it: a hesitation. Her opponent shifts her belly button, and she’s […]