Business

Hinton Selected as BUFI’s Chairman of the Board of Directors

As the city of Chicago has welcomed its new mayor, the Black United Fund of Illinois welcomes its new chairman of the Board of Directors, Gregory Hinton.

3 In 4 Companies Plan To Expand Creative Teams In Second Half Of 2019, Survey Finds

Recruiting in the creative and marketing fields is expected to intensify during the remainder of the year, new research from staffing firm The Creative Group shows. According to the latest State of Creative Hiring data, 75% of advertising and marketing hiring decision makers anticipate expanding their teams in the second half of 2019, up from 60% six months ago. In addition, 62% of employers plan to increase the number of freelancers they use, a 6-point jump from the first half of the year.

Walter Massey Will Pen Memoir For Beckham Publications

Walter E. Massey, former chairman of Bank of America, will publish his memoir, “In the Eye of the Storm: My Year as Chairman of Bank of America During the Country’s Worst Financial Crisis,” with Beckham Publications, the house announced. Release is set for spring, 2020.

Survey Reveals Loss Of Lunch Breaks Weighs Heavily On Millennials

A survey by Tork, an Essity brand and the maker of nearly half of the napkins used in the food service industry in the U.S., finds that Millennials – who are now the largest generation in the U.S. labor force – are nearly three times more likely than Baby Boomers to believe coworkers would judge them negatively if they took a regular lunch break.

Scientific Games Expands Global Lottery Instant Game Manufacturing Technology In North America And Europe

Scientific Games Corporation has announced that it is significantly expanding its lottery instant “scratch” game innovation and production capabilities with the addition of advanced manufacturing technology in both North America and Europe.

National Restaurant Association Introduces ServSuccess in Honor of 100th Anniversary

To ensure restaurant professionals have clear career path goals, the National Restaurant Association recently launched ServSuccess™.

Speakers Announced for First Annual Vault Conference

Vault, the new learning hub for future leaders, entrepreneurs and corporate visionaries presented by Emmy® Award-winning entertainer, radio personality, speaker, New York Times best-selling author, businessman and philanthropist Steve Harvey.

Governor Pritzker Announces New Funding for Capital and Infrastructure Program to Support Growth of Minority-Owned Businesses

The Department of Commerce and Economic Opportunity’s Office of Minority Economic Empowerment is posting two Notification of Funding Opportunities for a total of $15 million to provide minority-owned businesses with resources to help create jobs, build capacity, increase revenues, and expand regionally. The announcement marks the first time the program has been funded. “My administration is committed to expanding opportunities for minority-owned businesses, especially as an important way to help underserved communities grow,” said Governor Pritzker.

Forbes Names CareerBuilder One of America’s Best Midsize Employers for 2019, Recognizing the Company’s Leadership in Diversity & Culture

CareerBuilder, a leader in Talent Acquisition media, technology and services, is being recognized as one of America’s Best Midsize Employers by Forbes. Every year, Forbes honors 500 employers that deliver excellence in the development of their corporate culture.

PCF Insurance Services Enters Chicago and New York Metro-Area Completing Two Acquisitions

PCF Insurance Services has completed the acquisition of Hipskind Seyfarth Risk Solutions, LLC, located in downtown Chicago, and Broadfield Group, LLC d/b/a Warwick Resource Group, located in the New York metro-area.

OneUnited Bank Announces 9th Annual ‘I Got Bank’ Youth Financial Literacy Contest

Ten Middle School Age Children Are Eligible to Win $1,000! For National Financial Literacy Month, OneUnited Bank, the nation’s largest black-owned bank, recently announced its 9th Annual “I Got Bank!” Financial Literacy Contest where ten children will win a $1,000 savings account. The contest represents the best essays and art projects that embody the “I Got Bank!” theme.

Walmart Plans Estimated $87.5 Million in Illinois Store Improvements, Innovations in 2019

Walmart expects to spend an estimated $87.5 million this year in Illinois through the remodeling of 16 stores, as well as the launch and continued expansion of several customer-focused innovations.

Recreational Marijuana Legalization

While Illinois is finally ready to have a serious and overdue conversation about fairer, more reasonable marijuana laws, some special interests are pushing for continued prohibition. In stating they hope to “slow down” the process of legalization, these special interests are perpetuating an unfair, unequal process in which marijuana is effectively legal for recreational use—if you’re white.

ComEd Installs Off-Grid Renewable Lighting at Bronzeville Schools

Powering the lights are 30-foot-tall Remote Power Units (RPUs), miniature power plants that are not connected to the electric grid but draw energy from a wind turbine, solar panels and battery storage. Manufactured by ARIS Renewable Energy, the RPUs were officially activated recently in a ribbon cutting ceremony led by Beethoven Elementary School Principal Mellodie Brown. Speakers included Third Ward Alderman Pat Dowell and Illinois State Sen. Mattie Hunter.

Unemployment rate up in most metros

Unemployment rates increased over-the-year in February in ten of Illinois’s metropolitan areas, decreased in two, and was unchanged in two, according to preliminary data released recently by the U.S. Bureau of Labor Statistics (BLS) and the Illinois Department of Employment Security (IDES). Data also show nonfarm jobs increased in eight of the metropolitan areas.