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Enclave chosen over IWG, Industrious for new suburban space

Enclave Coworking, a venture backed coworking startup that is currently raising a financing round, will open two new spaces in Wheaton and La Grange, IL later this year. Both location expansions come amid industry leaders Industrious and IWG, which operates Regus, also making expansion efforts.


Illinois Tech team competes in XPRIZE Rainforest finals

A team led by Illinois Institute of Technology (Illinois Tech) Professor Matthew Spenko has returned from the Amazon after competing in the finals of the XPRIZE Rainforest competition. The team, named Welcome to the Jungle, included members from Purdue University, Natural State, The Morton Arboretum, the Xishuangbanna Tropical Botanical Garden-Chinese Academy of Sciences, and local Indigenous communities.


Architecture student wins second place in national preservation competition

Thomas Lozanovski, a fifth-year architecture student, was inspired by a flyer in S. R. Crown Hall to participate in the Charles E. Peterson Prize competition, hosted by the National Park Service’s Heritage Documentation Programs. The competition recognizes the best set of measured drawings prepared by students according to Heritage Documentation Programs standards.


Professor discusses transition from fossil fuels to sustainable energy

The transition from fossil fuels to sustainable energy is a significant challenge, according to Mohammad Asadi, an Associate Professor of Chemical Engineering. Asadi aims to replace fossil fuels with energy-efficient and economically feasible energy conversion and storage systems. He targets applications in aviation, trains, ships, and heavy-duty trucks.


Community production center wins fifth MCHAP.emerge award

The Mies Crown Hall Americas Prize (MCHAP) has announced the Community Production Center Las Tejedoras, designed by Natura Futura architect José Fernando Gómez and architect Juan Carlos Bamba, as the winner of the fifth MCHAP.emerge award. The center, located in Chongón, Ecuador, serves local women artisans by providing a space to learn, create, and showcase their handmade textiles.


Research program immerses students in big-city life

Students from universities across the nation converged at Illinois Institute of Technology to engage in an intense 10-week research project and to see the benefits of studying in a large metropolitan city such as Chicago through the College of Computing’s Student Undergraduate Research Experience (SURE).


Jeremy V. Fine named CFO at Illinois Institute of Technology

Illinois Institute of Technology appoints a chief financial officer with more than 25 years of experience in leadership at the CTA, the City of Chicago and other institutions


Ph.D. student researches enhanced lift technology for electric airplanes

Nickolas Payne, a Ph.D. student in Mechanical and Aerospace Engineering (MAE), is conducting research aimed at enhancing the performance of electric airplanes. His work focuses on improving the lift capability of airfoils used in electric aircraft.


Hamid Arastoopour receives lifetime achievement award from AIChE

Hamid Arastoopour, interim dean of Armour College of Engineering, Henry R. Linden Professor of Engineering, and director of the Wanger Institute for Sustainable Energy Research (WISER) at Illinois Institute of Technology, has been awarded the 2024 Particle Technology Lifetime Achievement Award by the American Institute of Chemical Engineers (AIChE).


Study finds fatal levels of indoor heat for some Chicagoans without AC

A recent study by the Illinois Institute of Technology and Elevate, a nonprofit organization focused on equitable climate solutions, reveals that Chicago families without central air conditioning face dangerous indoor temperatures during increasingly hotter summers. The research, conducted during a severe heatwave in 2023, showed that homes without central air conditioning experienced high temperatures even after outdoor conditions cooled overnight. Despite many participants feeling uncomfortably warm, only half recognized their homes as reaching unsafe temperatures.


Illinois Tech architecture programs earn national sustainability designation from U.S. Department Of Energy

The College of Architecture at Illinois Institute of Technology has been awarded the prestigious Zero Energy Design Designation (ZEDD) from the United States Department of Energy (DOE) for its Bachelor of Architecture and Master of Architecture programs. This recognition highlights the college’s commitment to sustainability, carbon neutrality, and zero-energy design practices in a world of escalating extreme weather and climate change.


Architecture programs earn national designation for sustainable practices

With the continuous changes happening to the world’s built environment as a result of escalating extreme weather and climate change, adopting sustainable and zero-energy building and design practices is no longer an option. For the past year, the College of Architecture has worked to implement a new curriculum for its Bachelor of Architecture and Master of Architecture programs that puts sustainability, carbon neutrality, and zero-energy design at the forefront of their pedagogy. This has earned the two programs a Zero Energy Design Designation (ZEDD) from the United States...


Barbershop Tour founder: Trump has 'a personal invitation' to Barbershop Tour to 'get that haircut he mentioned'

Jeffrey Coleman, founder and president of Barbershop Tour, invited former President Donald Trump to join him on his Barbershop Tour after the president said he was interested in getting a haircut at a black barbershop on a recent Fox News segment.


Sue Ling Gin Foundation Trust's $10 million donation fuels Chinese American Service League's vision for community care expansion

The Chinese American Service League (CASL) marked its 45th anniversary with a gala in Chicago, sponsored by the Sue Ling Gin Foundation Trust. The foundation generously donated $10 million to the organization. The event attracted over 400 Chicago residents, all showing their support for CASL's community mission.


Chicago opens fifth Community Reentry Support Center for returning residents

The city of Chicago has announced the inauguration of its fifth Community Reentry Support Center (CRSC). The new center, designed to assist residents returning to Chicago's West Side, is a significant addition to the city's infrastructure.


CME Group sets new milestone with over 60 million SOFR contracts

CME Group recently revealed that its Secured Overnight Financing Rate (SOFR) complex has achieved a significant milestone by setting a new record of 60,435,467 contracts. This total comprises 48.3 million options contracts and 12.1 million futures contracts, all of which operate under CME rules.


Mayor Johnson's executive order streamlining housing and commercial development approvals

The city of Chicago has officially announced that Mayor Brandon Johnson has signed an Executive Order aimed at simplifying city approvals. This significant announcement was made during the groundbreaking ceremony for Grace Manor Apartments, a $40 million project committed to ensuring 100 percent affordability in Chicago’s North Lawndale neighborhood.


CME Group extends CEO tenure through 2025

CME Group has announced the extension of Chairman and Chief Executive Officer Terry Duffy's tenure through an updated contract agreement approved by the Board. Duffy, a veteran of the futures industry for over 40 years, has held his current position since 2016.


CME Group introduces FX Spot+ to unify OTC and futures liquidity

CME Group has announced the introduction of CME FX Spot+, a comprehensive spot foreign exchange (FX) marketplace. The new platform leverages FX Link, a liquid and tradable spread between over-the-counter (OTC) spot FX and CME Group's FX futures, to bridge liquidity across the two trading environments.


Northern Trust chosen as custodian for Nebraska Investment Council pensions

Northern Trust, a leading provider of wealth management services, has announced that the Nebraska Investment Council (NIC) has chosen it to provide asset management and servicing solutions for its pension fund. These solutions include custody, portfolio analytics, and securities lending. The NIC is responsible for providing investment services for the state of Nebraska and oversees the management of assets in state pensions and trust funds.