Latest News
Juvenile charged with murder after fatal shooting in Cook County
By A. D. Nghiem | Aug 28, 2024
A 15-year-old from Matteson has been charged with first-degree murder following a fatal shooting incident involving a relative.
Forest Park STEM teacher chosen for Amazon Future Engineer Ambassador Program
By A. D. Bamburg | Aug 15, 2024
Amazon has announced that Grace Finn, a third through eighth grade STEM teacher who works at Forest Park Middle School and Field-Stevenson Elementary, was chosen as one of fifty educators to join the Amazon Future Engineer Teacher Ambassador Program.
CFC announces Amazon-backed scholarship fund for HBCU students
By K. R. Nelson | Aug 8, 2024
The Chicago Football Classic (CFC) announced its annual Scholarship Fund at a press conference held at the Amazon Regional Office. The fund will award scholarships to incoming Chicago-area students attending Historically Black Colleges and Universities (HBCUs). Amazon sponsored the event, providing laptop computers to each of the 20 scholarship recipients.
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.
Sue Ling Gin Foundation Trust's $10 million donation fuels Chinese American Service League's vision for community care expansion
By Southland Marquee | Dec 20, 2023
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
By Southland Marquee | Dec 18, 2023
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
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.
Mayor Johnson's executive order streamlining housing and commercial development approvals
By Southland Marquee | Dec 15, 2023
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
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.
Flying Food Group’s Sue Ling Gin Foundation donates $21 million to Chicago community violence intervention program
By Southland Marquee | Dec 5, 2023
The Sue Ling Gin Foundation Trust, which is affiliated with airline catering company Flying Food Group (FFG), has recently donated $21 million to Chicago CRED, a community violence intervention program. The substantial donation was publicly announced on the organization's website on November 28th.
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.
Northern Trust Asset Management appoints new Head for International Quantitative Strategies
By Southland Marquee | Nov 26, 2023
Northern Trust announced Guido Baltussen, Ph.D., has been appointed as the Head of Quantitative Strategies, International, at Northern Trust Asset Management (NTAM). In this newly established position, Baltussen will oversee NTAM's international quantitative strategies investments, focusing on quantitative research, innovation, thought leadership and investment strategy to facilitate the company's growth. This change took place as part of Northern Trust's continuous efforts to expand and enhance its global market presence.
Nourishing Hope receives Northern Trust Anchor Award
By Southland Marquee | Nov 26, 2023
Northern Trust announced that Nourishing Hope will be awarded the first Northern Trust Anchor Award, a grant of up to $1 million to enhance the influence of innovative nonprofit organizations displaying strong growth potential. This award is intended to bolster the capacity of exceptionally impactful nonprofit organizations by providing a grant focused on reinforcing infrastructure, systems, skills, and resources. The Chicago-based organization Nourishing Hope is dedicated towards eradicating hunger and poverty.