By Yasufumi Saito
CME Group Inc., the world’s largest futures-exchange operator, reported late Thursday a 59 percent growth in fourth-quarter earnings as trading volume grew internationally. The shares climbed more than 3 percent Friday.
By Stephanie Choporis
Housing experts and a private building owner are questioning the effectiveness of Chicago’s ‘problem’ landlords list and the properties selected for the record.
Some think the list is limited in scope and not targeting landlords with the most serious building code violations.
The inaugural list, published on the department of buildings website on Jan. 27, contains 45 residential properties and their landlords. Owners on the list have gone through at least two administrative hearings in the past two years for the listed property and were found responsible for three or more serious building code violations, such as inadequate heat, lack of hot water, defective or missing smoke and carbon monoxide detectors and insect infestation.
By Priyam Vora
While the focus surrounding the current measles outbreak is on children, adults may need a measles vaccination too.
Measles made national headlines after a recent outbreak among visitors to Disneyland in California. Out of the 99 cases reported in California (not all were related to Disneyland), more than 60 percent occurred in people over the age of 20, according to California health officials. The first measles case confirmed in Illinois on Jan. 27 was also contracted by an adult, according to the Illinois Department of Public Health.
While measles is perceived to be a children’s disease, health experts emphasize that adults can catch the highly contagious disease and need protection.
By Yasufumi Saito
One of the icons of capitalism is fading out as the world is more digitized.
CME Group Inc., the world’s largest futures-exchange operator, announced Wednesday it will close most of its open-outcry futures trading pits this summer, due to the shift from floor trading to electronic transactions. Continue reading
By Mariel Turner
With nearly 500 solar panels, energy-efficient lightbulbs and other green commodities, the ICA Greenrise Building is trying to be 100 percent green by 2016. Beginning in 2011, the Institute of Cultural Affairs began remodeling the building, originally built in 1921. ICA officials say maintaining an environmentally friendly facility is simple and financially smart.
By Shanley Chien
Bike and art lovers rejoice! The 18th Annual Chicago Bike Winter Art Show opens Friday with a public reception at Genesis Art Supply.
Members of the Rat Patrol Bike Club, a pro-bike and anti-consumerism organization, uses recycled parts and scrap metal to hand-weld unique bikes. The club showcases some of their offbeat creations that are guaranteed to entertain, such as their “tall bikes,” choppers, and the “can crusher,” an inventive mechanical apparatus composed of interconnected bike pieces that crushes cans as you pedal. Continue reading
By Jamie Friedlander
Nearly 45 percent of ER visits from nursing home residents on Medicare or Medicaid could have been avoided, according to the Centers for Medicare and Medicaid Services.
These ER visits ended up “accounting for 314,000 potentially avoidable hospitalizations and $2.6 billion in Medicare expenditures in 2005,” CMS reported as part of an on-going effort to reduce ER visits with more preventative care.
Northwestern Memorial Hospital in Chicago is one of three hospitals across the country working to lower the number of nursing home residents that end up admitted to the hospital after an ER visit. The initiative is part of GEDI WISE, a Health Care Innovation Award funded by CMS, according to Dr. Jill Huded, a geriatric fellow at Northwestern Memorial Hospital. Continue reading
By Jasmine Sanborn
“Treecycling” is giving a second life to tens of millions of ash trees attacked by one small but powerful beetle.
Instead of chipping fallen ash trees into mulch or chopping them into firewood, groups such as the Illinois Wood Utilization team are promoting a practical approach – “even when you can’t save your tree, you can save its wood.” Continue reading
By Laura Furr
From the White House to Chicago’s suburbs, from Lollapalooza to Snapchat, unmanned aerial systems, commonly known as drones, have been making headlines.
And as drone technology becomes cheaper with user-friendly photo and video capabilities, interest in personal drone use has taken off. Continue reading
By Sara Romano
Chicago Wolves defenseman Brent Sopel has fond memories of his childhood hockey days growing up in Calgary.
“I grew up with a rink in my backyard that my dad would flood for me every winter,” Sopel recalled. “Growing up in Canada, that’s all we wanted to do. We didn’t want to go to school, we wanted to play on the outdoor rink.”
Capturing that childhood nostalgia is a constant refrain, and a source of the popularity behind outdoor hockey games for both players and fans. Continue reading