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Business

Amazon employee: ‘Career Choice has changed my life’

Sav Phifer, an area manager for Amazon, said the company’s Career Choice program on her campus “changed my life” and provided her with opportunities to better her career early.


Business

Survey shows mixed outlook among Chicago's small business owners

Chicago’s small businesses are optimistic about their own future but have less confidence in the city's economy. This sentiment was revealed in the 2024 Chicagoland Small Business Outlook, a survey conducted by the Chicagoland Chamber of Commerce and the University of Illinois Chicago College of Business Administration.


Business

Chicagoland Chamber reveals new survey findings on small business outlook

In partnership with the University of Illinois Chicago College of Business Administration, the Chicagoland Chamber of Commerce released the findings of the 2024 Chicagoland Small Business Outlook Survey at mHub in the West Loop.


Business

Chamber urges CPS board not to remove CEO Pedro Martinez

In response to recent tensions between City Hall and the Chicago Public Schools (CPS), the Chicagoland Chamber of Commerce and the Civic Committee of the Commercial Club of Chicago have issued a statement. They are urging the CPS board to retain CEO Pedro Martinez and to reject a proposed high-interest loan.


Business

Chamber members named to Crain's list for notable black leadership

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.


Business

Ana Belaval shares career insights at Hispanic Heritage Month celebration

WGN headlined a Hispanic Heritage Month celebration on Thursday night, featuring career insights and cultural expressions, including Spanish dance performances.


Business

St. Jude promotes events for Childhood Cancer Awareness Month

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.


Business

Amazon announces the growth of Iya Foods' gluten-free product line

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.


Business

Tech firm expands global operations while embracing remote work

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.


Business

Cooley leader discusses benefits of employee resource groups amid shifting diversity landscape

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.


Business

Fortinet invests $30 million in new Chicago innovation hub

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.


Business

Chicagoland Chamber celebrates members in Crain’s notable leaders list

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.


Business

Amazon's Career Choice helps 200,000+ employees achieve their education goals

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.


Business

Founder of Mojo Spa: 'Amazon allowed us to grow as a company'

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.


Business

Amazon employees can take advantage of 8 benefits and perks

Amazon employees can take advantage of exclusive benefits and access to earned cash before payday, the company revealed in a January 8 blog post.


Business

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.


Business

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.


Business

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.


Business

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.


Business

Extreme demands from union lead to permanent closure of Berlin Nightclub

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.