Blase Cupich, Chicago’s new Catholic Archbishop, has received a warm welcome from the Windy City. Cupich, 65, previously served as a bishop in Spokane, Washington before replacing Cardinal Francis George, who has retired and is battling cancer.
Along State Street between Lake and Van Buren, 18 planters are filled with LED installations that resemble the plumbing tubes from the Super Mario Brothers video game series. The displays light up and are choreographed to music.
The installation called Lightscape was unveiled in November 2011 by Mayor Rahm Emanuel as a special project of the Chicago Loop Alliance, a consortium of local businesses.
Currently, the display is aglow with holiday lights and plays holiday tunes for all to hear.
The sharing economy is all the rage today with companies such as Airbnb, Lyft and Uber disrupting traditional industries from hotels to taxis. San Francisco-based Uber is arguably the most prominent peer-to-peer business in the world.
The popular ride-sharing app allows customers to request a cab from a smartphone and track its approach on a map. The five-year-old company is reportedly already valued at a breathtaking $40 billion. It was valued at $17 billion just six months ago. In a recent blog post Uber CEO Travis Kalanick said the company is now operating in more than 250 cities in 50 countries, a huge increase from last year when the company was in just 60 cities in 21 countries. Measured by number of rides, it’s six times bigger today than it was 12 months ago.
But Uber has hit more than a few bumps in the road. It has encountered strong opposition from the taxi industry in cities around the world, including Chicago. But that was to be expected. What was more surprising was the onslaught of public relations nightmares that have plagued the company in recent weeks.
Earlier this year, the travel site TripAdvisor named the Art Institute of Chicago the top museum in both the United States and the world. Roughly 1.4 million people visit the museum annually. But the cost of admission to the Art Institute is keeping many out, leaving them only to admire only the lion statues that protect the museum’s collection, not the art inside.
“The cost is annoying, and it keeps me from going to museums when I’m home,” said Elin Meliska, a museum program coordinator from Chicago who now works in Washington, D.C. “To take a family of four to a museum can cost over $100, especially if you’re seeing a special exhibit.”
Scripted by Katherine Dempsey, animated by Next Media Animation
By Katherine Dempsey
The way you walk or run can help health care professionals learn more about how to improve different kinds of mobility treatment and gauge how well treatment works. Doctors, therapists and researchers use three-dimensional gait analysis to see how to best help people with arthritis, cerebral palsy and other conditions in addition to gathering data that can help prevent and treat injury. Continue reading “Gait analysis makes strides in mobility treatments”
by Tobias Burns
With the price of West Texas Intermediate crude oil falling to its lowest price in more than five years, and the Organization of Petroleum Exporting Countries aggressively maintaining its current production levels, American consumers have oil companies over a barrel. Continue reading “Crude awakening: Oil prices reflect deeper economic woes”
By Joe Musso
For the better part of the last century the Chicago Cubs have delivered an on-field product most fans would be ashamed of. The lovable losers’ ticket sales have also suffered over the past five years, but widespread change is on the horizon. Continue reading “Starting to make cents: North Side plan coming to fruition”
In the past few years, consumers disillusioned with tight-fisted banks have jumped on the peer-to-peer lending bandwagon.
When the Great Recession hit, banks suffered big losses as borrowers defaulted on loans they had taken out during the economy’s long upturn. In response, lenders have drastically tightened their lending requirements. As a result, many borrowers with anything less than stellar credit now can’t qualify for traditional bank loans. Continue reading “Peer-to-peer lending sees exponential growth”
by Lei Xuan
Five years ago, when Stanford MBA graduate Brian Spaly decided to build his second online fashion startup, he chose Chicago.
“I love the city and felt that running a startup business focused on apparel here would draw much interest,” said the CEO of Trunk Club, a personalized online men’s clothing store that had raised $12.4 million in venture capital before being scooped up by Nordstrom Inc. for $350 million earlier this year.
Spaly’s is one of the success stories in Chicago’s venture capital-backed startup community, which has grown exponentially in the past five years, but still trails many other U.S. cities. Continue reading “In the VC world, Chicago is the seventh city”
Scripted by Zachary Vasile. Animated by Next Media Animation
By Zachary Vasile
Could a much-maligned club drug provide quick relief for tens of thousands of people suffering with treatment-resistant depression? Increasingly, a chorus of voices in the medical and scientific communities are answering “yes.”
The newest salve in the ongoing struggle against the world’s costliest and most widespread mental illness may be ketamine, a drug primarily used as a veterinary anesthetic but approved for limited human use and popular as an illegal street drug. Its novel properties put ketamine outside of the normal classes of accepted antidepressants that raise serotonin levels in many cases. Continue reading “Club drug gets new life fighting depression”
Community members and University of Chicago students gathered at the Experimental Station in Hyde Park to urge transparency from the University of Chicago police department, which is private and not subject to the same disclosure requirements as the Chicago Police Department. Many of those who attended the event believe the UCPD is racially profiling during stops on and off campus.
By Rachel White
President Barack Obama’s executive action to remove the threat of deportation from about 5 million undocumented immigrants was greeted with celebration by immigrant communities across the country and in Chicago. But now immigration advocates are worried about something else: fraud.
Immigrant advocates are concerned that undocumented immigrants eager to take advantage of Obama’s new policy will fall prey to scam artists who are looking for easy targets. In Hispanic neighborhoods such individuals offer their services as “notarios,” people who are authorized to perform some legal functions, including drawing up contracts or certifying contracts, deeds or other documents.