Poor outlook for Kraft Foods after first quarter revenue decline
By Sara Shouhayib Kraft Foods Group Inc.’s net income fell 16 percent and revenue declined slightly in the first quarter as the company dealt with restructuring and other costs associated with its planned merger with The H.J. Heinz Company. Kraft said revenues were basically flat as increased shipments of Capri Sun and the launch of […]
Music helps Southside school with education
By Amina Ismail There are many reasons why educators encourage high school students to join band classes. Arts and music build essential skills such as creativity and innovation. But there is another important reason that many people may not have known. Studies have indicated that high school students who participate in bands score better grades […]
2015 NFL Draft: What you need to know
Medill’s Draft coverage Two dozen Medill reporters are covering the 2015 NFL Draft in Chicago. Check back for breaking stories all weekend. By Taylor Hall The 2015 NFL Draft is scheduled to be held at Roosevelt University’s Auditorium Theatre with an adjacent fan festival, Draft Town presented by Oikos Triple Zero, expanding to Grant Park […]
Young musicians compose their dreams amid changing classical music scene
By Siyuan Du After practicing with his cello for almost six hours alone in the small rehearsal room, Michael van der Sloot picked up the bow to play music he composed himself. No matter what happens, he disciplines himself to spend at least four hours every day with his cello. “I mean it really is […]
Co-champions rally to win at Cantigny
By Scott Guthrie Under the black Titleist tent just behind the 18th green of the Woodside Course at Cantigny Golf in Wheaton, Frank Lindwall slowly removed his weathered hat, let out a sigh and then buried his head in his arms. The high school sophomore from Cedar Rapids seemed to be trying to delay the […]
VIDEO: The 3-D-printed arms race
By Evan Garcia In May of 2013, the online organization Defense Distributed publicly released the blueprints for a plastic 3-D printed handgun they designed and built. Within two days, the U.S. Department of Defense ordered the group to remove this information, but it was too late. By then, over 100,000 people had downloaded the plans for the […]
Midwest manufacturing must move away from Rust Belt reputation, experts warn
By Meredith Wilson While manufacturing in the Midwest isn’t going to disappear, a recovery of the industry won’t happen without innovation, according to business leaders and experts speaking at the Society of American Business Editors and Writers conference Friday. Rust Belt manufacturing, which has been declining sharply since the 1980s, is beginning to show signs of […]
Panelists: British high-speed trader could not have caused ‘Flash Crash’
By Brian MacIver and Lucy Ren Bloomberg columnist Matt Levine raised eyebrows Friday at the annual conference for the Society of American Business Editors and Writers, saying that everyday Americans don’t need to understand the internal workings of the financial markets. Speaking during a panel discussion, Levine responded to a question from NPR’s Marilyn Geewax who […]
Rahm sells Chicago minus the warts to visiting business journalists
By Ryan Sachetta Mayor Rahm Emanuel presented a glowing picture of the city of Chicago, emphasizing his push for expanding access to education and job gains in a keynote address to the Society of American Business Editors and Writers Friday evening. Left on the cutting room floor was any mention of the city’s pension crisis, […]
VIDEO: Travel companies look to China for future growth
By Brian MacIver, video by Andrew Fowler U.S. travel executives, speaking on a panel at the Society of American Business Editors and Writers annual convention, pointed to China as the future driver of growth in the industry but said luxury high-end travel is being supplanted by more moderate tastes. Mark Hoplamazian, president and CEO of Hyatt […]