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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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Chicago Developer Tries To Lure Amazon With Its Own Stadium

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Sterling Bay, a Chicago developer, is throwing in a sports and concert stadium into its proposal for Amazon’s second U.S. According to a news report in the Chicago Tribune , the developer’s Lincoln Yards project includes the ability for Amazon to have a stadium at its headquarters.

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Illinois SMBs Face Tighter COVID-19 Restrictions

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With COVID-19 cases rising in Illinois, operators of small- to medium-sized businesses (SMBs) in heavily populated areas face new shutdowns — measures likely to be all the more painful economically because of looming winter weather that will make options such as outdoor dining unattractive, The Wall Street Journal (WSJ) reported.

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Fifth Third Bancorp And MB Financial Merge In $4.7B Deal

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Once the deal is complete, the merged company will have a Chicago deposit market share of 6.5 percent, ranking in fourth place in total deposits and second in retail deposits among the close to 200 banks in the region. In addition to its strategic importance, this merger is expected to drive significant financial benefits.

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Uber Freight Branches Out Into Canada

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Uber Freight announced last month that it was investing $200 million to “put down roots” in Chicago. Since its launch three years ago, Uber Freight now has a team of hundreds, with offices in San Francisco, Chicago, Amsterdam and Germany. .

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Uber Freight Now Available In Canada

PYMNTS

Uber Freight announced last month that it was investing $200 million to “put down roots” in Chicago. Since its launch three years ago, Uber Freight now has a team of hundreds, with offices in San Francisco, Chicago, Amsterdam and Germany. .

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Luckin Coffee Execs Fired After Fraud Probe

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A special committee at Luckin hired Chicago-based law firm Kirkland & Ellis as counsel and FTI Consulting of Washington, D.C. Cao has served as senior vice president in charge of store operations and customer service since 2018. as the forensic accounting expert, the SEC filing said.

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