Bohemian House enjoys early success despite competitive food scene
By Sarah Very and Sony Kassam Dan Powell and Markus Chwajol met late one night in a neurosurgical operating room. Little did they know they would become best friends and business partners – founding their own Bohemian restaurant and taking its annual revenue to $2.6 million in under two years. Embellished with brightly colored tiles and European-inspired […]
Chicago graduates catch startup fever
By Sony Kassam and Sarah Very When most people think of entrepreneurship, images of Silicon Valley tech startups, battling it out to be the next unicorn, come to mind. What they might not consider are the growing startups in the Windy City — a food, healthcare and manufacturing hub with some of the top business […]
The holidays come late for Macy’s Inc.
By Sarah Very Despite unfavorable weather conditions and stiff competition from online retailers during the holiday season, Macy’s Inc. turned in better-than-expected year-end earnings Tuesday. The Cincinnati, OH-based retailer, which also operates the upscale Bloomingdale’s, said net income sank in the fourth quarter ended Jan. 30 to $544 million, or $1.73 per diluted share, from […]
Core consumer prices on the rise in January
By Sarah Very While easing energy costs kept consumer prices in check last month, inflation rates for goods other than food and energy moved higher in January – raising questions as to how the Federal Reserve will respond. The Bureau of Labor statistics said Friday that the Consumer Price Index remained unchanged in January on […]
Analysts predict strong earnings for Zimmer Biomet post-acquisition
By Sarah Very The hub of orthopedic innovation exists in Lilliputian, quaint Warsaw, Ind. — where news of corporate mergers and artificial joints fills radio broadcasts and coffee shop smalltalk. On June 24, 2015, Zimmer Inc. acquired crosstown rival Biomet Inc. for $13.35 billion — positioning Zimmer Biomet Holdings Inc. as the second largest company […]
