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Uber Freight To Invest $200M To Set Up Shop In Chicago

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Uber Freight has announced that it is investing $200 million to “put down roots” in Chicago. Chicago is consistently at the forefront of innovation, from building America’s foundational transportation systems and its first skyscraper, to fostering world-class universities and research centers.

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Tech Center: Chicago On Deck

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Chicago is more than just the place the Chicago Cubs and Bulls call home. Bubbling under the surface of Chicago lies an up-and-coming tech center. Given that many large cities in the United States have increasingly become places for tech startups, it’s natural to see Chicago as one of the next tech centers.

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Canada’s Aritzia Opening Second Chicago Location

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is expanding in Chicago as it targets both brick-and-mortar and online expansion. According to Chain Store Age , the fashion retailer will open a flagship on Rush Street in Chicago this fall. The Vancouver, British Columbia–based company already operates a store in the Windy City, at Water Tower Place. Canada’s Aritzia Inc.

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BMO’s Digital-First Transformation Unlocks Operational Efficiencies

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These operations are quantifiably more efficient: A recent study found that customers typically spend nine minutes to acquire a check from a bank teller, but only 40 seconds to complete the same task with a self-service kiosk. BMO expanded its footprint to the United States by purchasing Harris Bank of Chicago in 1984.

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Digital Freight Services Race Toward More Cash And Last Mile Innovation

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The latest example of the power of those digitally-enabled innovative efforts comes from online freight marketplace operator Convoy. Founded in 2015, Seattle-based Convoy is among the biggest operators of online marketplaces that match truckers with shippers needing to move cargo,” the report said. Rowe Price Associates.

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Innovation-Seeking Big Brands Pop Up In Small Spaces

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“Overwhelmingly, what we think makes this so attractive for Macy’s and our customers is it continues to drive customers to stores by giving a constant break of discovery,” Marc Mastronardi, the company’s executive vice president of new business development and innovation, told CNBC in a February story. “We Stay tuned.

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5G Fuels Factory And Enterprise Innovation

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But as time passes and a new decade approaches – one that promises even higher levels of digital innovation and disruption – it’s becoming ever more clear that 5G mobile network technology will help power the so-called Industrial Revolution 4.0. Those trends reportedly are playing out at Chicago-based Rush University Medical Center.