Amid a shortage of watchmakers in the U.S., Rolex has opened a new school for watchmakers in Dallas. But industry ...

The new Cornell Watch Company’s first model is called the 1870 CE, which stands for “classic enamel.” The company has sold 16 of the watch, at a cost of almost $12,000 apiece.

So it may seem like a brave choice for two Chicago entrepreneurs to launch a company making old-fashioned mechanical watches—when many of their peers wear the new-fangled electronic alternatives ...