Transwesterm Real Estate promotes insider to oversee Midwest region

Chicago Biz Journals 9/22 8:59A Wendell Hutson

Transwestern Real Estate Services promoted a managing director to oversee its Midwest region.

Cameo lands on LinkedIn's list of top 50 U.S. startups

Chicago Biz Journals 9/22 7:24A Jim Dallke

Which startups do Americans want to work for the most? Fintech companies like Better and Brex, consumer brands like Glossier and Brooklinen, and Chicago celebrity shoutout app Cameo. That's according to LinkedIn's annual list of the top 50 U.S....

Amalgamated Bank of Chicago acquired for $98.1 million

Chicago Biz Journals 9/22 7:19A Ben Miller

Two banks with extremely similar names are involved in a $98.1 million acquisition: Amalgamated Financial Corp. of New York City said it's buying Amalgamated Bank of Chicago. The New York company is not directly related to the Chicago company....

First Women's Bank opens in Chicago's Salt District

Chicago Biz Journals 9/22 6:50A Ben Miller

First Women's Bank officially opened for business this week with a ribbon cutting at the bank's facility at 1308 North Elston Avenue in Chicago's Salt District. The bank says it's "the only women-founded, women-owned and women-led commercial bank...

Chicago startup raises $7.5M for its software for biotech firms

Chicago Biz Journals 9/22 6:47A Jim Dallke

A Chicago startup that makes software that helps life sciences companies bring their drugs, vaccines and medical devices to market faster has raised more funding to grow its business. Vodori announced that it has raised a $7.5 million Series A...

Packaging equipment maker nVenia moves into Wood Dale facility

Chicago Biz Journals 9/22 5:51A Ben Miller

The 256,000-square-foot, $15 million office and manufacturing facility at 750 North Wood Dale Road is currently fully operational.

New airport satisfaction ranking has O'Hare last of all big airports

Chicago Biz Journals 9/22 3:31A Ben Miller

Last year, O'Hare was second from the bottom.

Lakeview building sold for $14.8M

Chicago Biz Journals 9/21 9:06A Wendell Hutson

A 36-unit multifamily building that includes six retail spaces on the ground floor sold for $14.8 million and is located in Chicago's most-populated neighborhood.

18 Illinois schools named 2021 National Blue Ribbon Schools

WGNtv.com 9/21 8:58A Tahman Bradley

PALATINE, Ill. — Eighteen Illinois schools have been recognized as National Blue Ribbon Schools. Schools get this special honor based on academic performance or programs closing achievement gaps.  The U.S. Secretary of Education Miguel Cardona...

Chicago OCD startup raises $33M

Chicago Biz Journals 9/21 7:52A Jim Dallke

A Chicago startup that helps people who suffer from obsessive compulsive disorder has raised more funding as it looks to brings its platform to users across the world. NOCD announced Tuesday that it raised $33 million in a Series B round led by...

Chicago City Treasurer to host 2nd Annual financial empowerment summit

Chicago Biz Journals 9/21 7:38A Wendell Hutson

The Chicago City Treasurer’s Office will host its 2nd Annual Building Wealth Today for Tomorrow Summit on Thursday, and speakers will include former City Treasurer Stephanie Neely and Chicago Housing Authority CEO Tracey Scott. The virtual event...

Ex-CEO of Chicagoland company found not guilty in fraud trial

Chicago Biz Journals 9/21 6:50A Ben Miller

The law firm representing the former CEO of a Wood Dale, Illinois-based alternative fuel engine manufacturer who was on trial for allegedly deceiving investors about the company’s financial performance said he was found not guilty of all charges....

Tech unicorn Unite Us acquires UChicago spin out NowPow

Chicago Biz Journals 9/21 6:39A Jim Dallke

Unite Us, a New York-based tech startup valued at more than $1.6 billion, has scooped up a Chicago startup that helps people find health and wellness resources in their neighborhoods. United Us announced Tuesday that it has acquired NowPow, a...

Walgreens investing $970 million in Massachusetts specialty pharmacy firm

Chicago Biz Journals 9/21 6:38A Ben Miller

Walgreens Boots Alliance Inc. said its Walgreen Co. unit is investing about $970 million to become majority owner of Shields, a Massachusetts-based specialty pharmacy care company. Deerfield-based Walgreens (Nasdaq: WBA) said after the...

Alcohol ordering startup Provi valued at $750M after new funding

Chicago Biz Journals 9/21 4:37A Jim Dallke

A Chicago startup that helps restaurants and bars order alcohol more efficiently is now valued at $750 million after raising $100 million in funding this year. Provi announced Tuesday that it raised two rounds of funding in 2021: a $25 million...