News from 2023
'We are passionate about entrepreneurship as a tool to add value to the lives of indigenous Kenyans': Chebet Mutai, founder of Wazawazi
By Southland Marquee reports | Jun 15, 2023
The Southland Marquee speaks with Chebet Mutai, founder of the Kenyan brand Wazawazi, which designs, produces and distributes lifestyle products such as Afrocentric home goods, leather accessories and pet adornments from ethically and sustainably sourced materials, 100% handmade in Kenya.
Chicago Uber driver: 'My full time job doesn’t pay all the bills'
By Southland Marquee report | Jul 12, 2023
Driving for Uber on the side helps Michael Healy of Chicago have some extra money for paying bills.
BMO CIO Lewerentz: 'BMO’s commitment to disability inclusion is a prime example of how we carry out our Purpose, to Boldly Grow the Good in business and life'
By Southland Marquee report | Jul 19, 2023
Last week, BMO U.S. announced to have achieved a perfect score of 100 on the Disability Equality Index (DEI) and has been recognized as one of the Best Places to Work for Disability Inclusion, as announced.
Coleman: 'World class songstress with an incredible flare for the culinary arts' hosting Inaugural Business Networking Outdoor Pop Up and Concert
By Southland Marquee report | Jul 19, 2023
Presented by Meesha Gardner of O'Meesha's Catering and O’Meesha’s Enterprises LLC, there will be an Inaugural Business Networking Outdoor Pop Up and Concert hosted in Dolton Park District at the end of the month. In anticipation for the upcoming event, Chicago business leader Jeff Coleman speaks highly of all that the day will have to offer as well as all that Meesha has done in her career and in her community.
Yules: 'We are excited to work with both of these organizations on the next phase of their growth journey'
By Southland Marquee report | Jul 22, 2023
Software-investment firm Thoma Bravo announced July 17 that it has finalized a strategic growth investment in Bluesight, the Medication Intelligence™ Company. The investment is set to strengthen Bluesight's drug diversion prevention capabilities, achieved through its acquisition of Medacist.
Rohde: 'It has been a pleasure working with MDP, Flint and the entire Syntellis team to create a truly best-in-class EPM leader'
By Southland Marquee report | Aug 22, 2023
On Aug. 8, Madison Dearborn Partners (MDP) and Thoma Bravo revealed they successfully finalized the transaction selling Syntellis Performance Solutions, a supplier of enterprise performance management (EPM) software, data and intelligence solutions to Roper Technologies, Inc. (“Roper”) for an all-cash payment amounting to an enterprise value of $1.4 billion. Subsequently, Syntellis will be integrated with Roper’s Strata Decision Technology business, according to a press release.
Cook County Assessor announces appeals workshops this month, barbershop clients encouraged to attend
By Southland Marquee reports | Aug 24, 2023
The Cook County Assessor's office has released initial property assessments in Thorton Township and is inviting Southland property taxpayers to attend in-person appeal workshops at the end of August. Barbershop owners and clients are encouraged by the Barbershop News Network to attend one of these workshops to learn more about property assessments and appeals.
CME Group, CF Benchmarks to introduce APAC Reference Rates for bitcoin, ether in September
By Southland Marquee report | Aug 30, 2023
A leading provider of cryptocurrency, CF Benchmarks, and CME Group, a leading derivatives marketplace, recently announced plans to launch two new Asia Pacific-specific reference rates for bitcoin and ether on Sept. 11.
Catalyst Consulting Group's Goal to Assist The Living
By Southland Marquee | Sep 27, 2023
As migration continues to be a defining global phenomenon, Catalyst Consulting Group has taken on the mission of providing temporary housing for asylum seekers. Their visionary initiative, known as the Migrant Village, aims to address the urgent need for stable and safe accommodation in the Greater Chicagoland area.
Arlington Capital Partners to Purchase Exostar from Thoma Bravo
By Southland Marquee | Oct 2, 2023
Thoma Bravo announced that Arlington Capital Partners has confirmed its acquisition of Exostar from Thoma Bravo. Exostar is a business collaboration provider in regulated sectors such as aerospace defense and healthcare according to a press release. The transaction is expected to close by the end of 2023, subject to regulatory approvals and customary closing conditions. Exostar, with its Exostar Platform, offers a secure environment for sharing sensitive information and facilitating secure, compliant, and efficient business transactions across complex networks of customers,...
CME Group will introduce Micro Henry Hub Futures and Options on November 6
By Southland Marquee | Oct 4, 2023
CME Group, the world's leading derivatives marketplace, has announced plans to introduce Micro Henry Hub futures and options on November 6, pending all necessary regulatory reviews. These new contracts, which will be listed by and adhere to the rules of NYMEX, will provide global energy traders with additional flexibility in managing their natural gas exposure.
The 2022 Bank of America Chicago Marathon sets a new record, contributing $386 million to Chicago's economy
By Southland Marquee | Oct 9, 2023
Bank of America has published a document detailing the economic impact of the 2022 Bank of America Chicago Marathon. According to the report, the marathon injected a record-breaking $386 million into the city's economy.
World records broken at 45th BoA Chicago Marathon
By Southland Marquee | Oct 11, 2023
Bank of America announced that Kelvin Kiptum (KEN) made history by becoming the first man to complete a sub-2:01 marathon in an officially sanctioned competition, setting a world record time of 2:00:35 at the 45th Bank of America Chicago Marathon. In addition to Kiptum's achievement, Sifan Hassan (NED) established a new women’s course record at 2:13:44, Marcel Hug (SUI) surpassed his own previous record in the men’s wheelchair race with a time of 1:22:37, and Catherine Debrunner (SUI) secured a new women’s wheelchair course record of 1:38:44 according to a press release.
CME Group achieves over 6,000 contracts in T-Bill futures trading the first week
By Southland Marquee | Oct 11, 2023
CME Group, a global markets company, has reported that its newly launched Treasury Bill (T-Bill) futures trading activity exceeded 6,000 contracts in its first week. The futures align with the growing risk transfer activity in the U.S. Treasury market. CME Group announced that these contracts will soon be eligible for portfolio margining against other cleared interest rate swaps and futures.
Chicago Community Loan Fund released its Second Quarter 2023 report
By Southland Marquee report | Oct 16, 2023
The Chicago Community Loan Fund published its Second Quarter 2023 report, highlighting various aspects of their initiatives and achievements. The report features insights into the Rimland grand opening, CCLF stakeholders meeting and the Chicago Neighborhoods Rebuild program, among other updates and events as outlined by the Second Quarter 2023 report provided by the Chicago Community Loan Fund.
Chicago Community Loan provides loan for the ASPIRE Initiative
By Southland Marquee | Oct 18, 2023
The Chicago Community Loan Fund (CCLF) has provided a $3,333,333 loan to support the ASPIRE Initiative, according to a press release by CCLF. The ASPIRE Center, located on a three-acre property, is a collaborative project of the Westside Health Authority (WHA) and Austin Coming Together (ACT).
BMO Blue Book report depicts resilient but slowing economy
By Southland Marquee | Oct 21, 2023
BMO Harris Bank has released its latest report, the BMO Blue Book, which provides an in-depth analysis of the U.S. economy and its performance in 11 specific regions. According to the report, the U.S. economy is expected to decelerate in early 2024 due to aggressive monetary tightening measures.
BMO for Women Survey highlights gender gap
By Southland Marquee | Oct 21, 2023
BMO Harris Bank recently released survey results indicating that, as of the present, women entrepreneurs exhibit disparities in critical aspects of business financial planning, transition planning, and financial literacy in comparison to male entrepreneurs. The study uncovered that 64 percent of women business owners lack a comprehensive financial plan for their enterprises, contrasting with the 59 percent of men who do have such plans according to a press release by BMO Harris Bank.
Northern Trust publishes its Q3 2023 report
By Southland Marquee | Oct 23, 2023
Northern Trust Corporation reported its third-quarter financial results today, revealing a net income of $327.8 million, equivalent to $1.49 per diluted common share. These figures represent a decrease from the second quarter of 2023, where net income per share was $1.56, and a decrease compared to the third quarter of 2022, when net income per share reached $1.80.
Chicago Community Loan Fund highlight pro-bono attorneys
By Southland Marquee | Oct 26, 2023
Chicago Community Loan Fund (CCLF) highlighted the work of pro-bono attorneys in a recent press release. The Chicago Lawyers’ Committee for Civil Rights (CLCCR) administers Pro Bono Works, a prominent pro bono initiative in Chicago, connecting attorneys with individual clients, small businesses, nonprofit organizations, and community-based groups.