Latest News
Chamber members named to Crain's list for notable black leadership
By M. N. Tirado | Sep 24, 2024
Several members of the Chicagoland Chamber of Commerce have earned a prestigious recognition, securing spots on Crain’s List of Notable Black Leaders. This accolade highlights their exceptional contributions to both Chicago’s business community and the city at large.
Ana Belaval shares career insights at Hispanic Heritage Month celebration
By C. D. McHugh | Sep 23, 2024
WGN headlined a Hispanic Heritage Month celebration on Thursday night, featuring career insights and cultural expressions, including Spanish dance performances.
St. Jude promotes events for Childhood Cancer Awareness Month
By R. B. Pepalis | Sep 23, 2024
As September begins, it also signifies Childhood Cancer Awareness Month, a time dedicated to highlighting the challenges faced by children battling cancer and recognizing the efforts of organizations like St. Jude Children’s Research Hospital.
Amazon announces the growth of Iya Foods' gluten-free product line
By A. D. Bamburg | Sep 20, 2024
Amazon announced that Illinois-based Iya Foods has expanded its gluten-free product line and has seen significant growth through the Amazon store. The brand offers a range of gluten-free items, including sauces, baking mixes, and baked goods inspired by its African heritage.
Tech firm expands global operations while embracing remote work
By A. I. Benavidez | Sep 18, 2024
The beauty of today’s technology is that with a strategic business plan and a powerful team at the helm, it is within the realm of possibilities to take a company to a global scale. Such is the case with a leading tech company that provides industry-independent, ready-to-use service ticketing solutions as well as customizable software for various service management needs.
Cooley leader discusses benefits of employee resource groups amid shifting diversity landscape
By R. B. Pepalis | Sep 16, 2024
Steve Flores sees the LatinX affinity group at his global law firm as a win-win: it not only empowers participating employees but also strengthens the firm as a whole.
Fortinet invests $30 million in new Chicago innovation hub
By K. R. Nelson | Sep 12, 2024
In a significant development for Chicago's tech ecosystem, global cybersecurity firm Fortinet inaugurated its innovation hub in the city's West Loop on Tuesday, Sept. 10. The event marked a $30 million investment, highlighting Chicago's growing appeal to high-tech enterprises.
Chicagoland Chamber celebrates members in Crain’s notable leaders list
By R. B. Pepalis | Sep 11, 2024
The Chicagoland Chamber of Commerce has announced that 15 of its members have been recognized in Crain’s Chicago Business's notable leaders list. This list features 88 top professionals from the area, highlighting significant talent and expertise within the business community.
Amazon's Career Choice helps 200,000+ employees achieve their education goals
By K. R. Nelson | Sep 9, 2024
Since Amazon launched Career Choice, its education and career advancement benefit, it has helped more than 200,000 employees achieve their educational goals. They have obtained high school/GED diplomas, associate and bachelor’s degrees, and certifications.
Founder of Mojo Spa: 'Amazon allowed us to grow as a company'
By E. F. Cullerton | Aug 6, 2024
Amanda Kezios, founder and creator of Mojo Spa, said selling her cosmetic goods on Amazon helped save her business and expand her customer base during the pandemic. Kezios made her comments in a March 20 blog post.
Amazon employees can take advantage of 8 benefits and perks
By R. B. Pepalis | Aug 2, 2024
Amazon employees can take advantage of exclusive benefits and access to earned cash before payday, the company revealed in a January 8 blog post.
CME Group sets new milestone with over 60 million SOFR contracts
By Southland Marquee | Dec 17, 2023
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.
CME Group extends CEO tenure through 2025
By Southland Marquee | Dec 12, 2023
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
By Southland Marquee | Dec 12, 2023
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
By Southland Marquee | Dec 8, 2023
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.
Extreme demands from union lead to permanent closure of Berlin Nightclub
By Southland Marquee | Dec 5, 2023
Chicago’s iconic LGBTQ+ bar, Berlin Nightclub, is permanently closing after 40 years of business. The club made the announcement on Nov. 21 on its website after previously highlighting extreme demands it was facing from Local 1 Union earlier this fall.
CME Group announces winners of 20th University Trading Challenge
By Southland Marquee | Dec 4, 2023
CME Group, a leader in the trading world, declared the winners of its 20th annual University Trading Challenge. The team from Universidad De Guadalajara in Mexico outshone their peers to claim first place. Contestants for this challenge came from as many as 156 universities worldwide.
Northern Trust's annual service effort achieves record-breaking success
By Southland Marquee | Nov 26, 2023
Northern Trust announced that employees engaged in various group activities, such as constructing homes in the United States, planting trees in India, participating in urban farming in Ireland, caring for shelter dogs in the Philippines, and facilitating resume workshops for youth in the United Kingdom. These initiatives took place as part of Northern Trust's annual service effort, showcasing the global impact of their corporate social responsibility across different regions. This year’s community engagement was part of the company’s "Achieving Greater Together" initiative,...
Northern Trust Universe data reveals institutional plans record negative returns amid Q3 global equity market sell-off
By Southland Marquee | Nov 26, 2023
Northern Trust announced that, according to The Northern Trust Universe data, U.S. institutional investment plans faced challenges in the third quarter of 2023 due to global equity market declines triggered by concerns among investors about the necessity of an extended period of high-interest rates to curb the U.S. economy. The Northern Trust Universe monitors the performance of 398 large U.S. institutional investment plans, collectively valued at over $1.3 trillion. This assessment comes as part of Northern Trust's quarterly review and analysis.
Northern Trust receives top honors as best private bank for family offices and succession planning
By Southland Marquee | Nov 26, 2023
Northern Trust announced it has been recognized by Professional Wealth Management and The Banker magazines, publications of the Financial Times Group, receiving top honors as "Best Private Bank for Family Offices, U.S." and "Best Private Bank for Succession Planning, U.S." Additionally, Northern Trust earned a designation in the categories of "Best Private Bank in the U.S." and "Best Private Bank for Wealthy Women, North America." This honor was given due to their impressive portfolio and renowned client service.