Business
ICC Approves $18.5 million in Settlements with Peoples Gas
The Illinois Commerce Commission (ICC) has approved two landmark settlements under which $18.5 million will be paid to customers of Peoples Gas (Peoples) and the State of Illinois by Peoples and its parent company, Integrys Energy Group (Integrys), which is owned by WEC Energy Group Inc. (WEC).
Microbusinesses Offer Millennials Pathways Out of Unemployment
With headlines nationwide raising concern about disaffected youth, particularly in minority communities, the Association for Enterprise Opportunity (AEO) recently released a timely report that outlines the critical ways the microbusiness industry can link millennials to economic opportunity.
FIFTH THIRD BANK HONORS COMMUNITY LEADERS
Fifth Third Bank recently honored eight diverse leaders in the community at its 6th Annual 2016 Community Leaders Award Breakfast.
Urban League Volunteers, Walgreens, Collaborate to #StandWithFlint
The Urban League Movement and Walgreens have partnered to support the youth of Flint, Michigan, amid the city’s water crisis. More than 80 volunteers from the National Urban League’s affiliate groups, the Young Professionals, and the Guild, along with a group of staff from the National Urban League’s New York headquarters, arrived recently in Flint to help distribute supplies donated by Walgreens and to mentor children and teens.
ConnXus Raises $5M in Series “A” Round
ConnXus, a supplier diversity technology platform, today announced that it has closed $5 million in Series “A” funding, led by Techstars Ventures, Serious Change L.P. and Impact America Fund.
SBA Competition to Award $3.95 Million for Small Business Startups
For the third year, the U.S. Small Business Administration (SBA) is launching a Growth Accelerator Fund competition for accelerators and other entrepreneurial ecosystem models to compete for monetary prizes of $50,000 each, totaling $3.95 million.
Radio Shack Surrenders Uncashed Rebates Worth $140,000
Radio Shack will surrender $140,000 in uncashed rebates owed to more than 5,000 Illinois residents, state Treasurer Michael Frerichs said in a released statement.
Florida Memorial University and National Black MBA Association® Forge Landmark Partnership
Florida Memorial University (FMU) the National Black MBA Association® (NBMBAA) recently entered into a groundbreaking agreement that will develop and strengthen career pathways for undergraduate and graduate business students.
Empowers Women to Achieve Personal and Professional Goals
NEW YORK -- Award-winning international keynote speaker, author, coach, and entrepreneur, Cheryl Wood coaches all individuals, particularly women, to conquer obstacles and achieve their goals, using the principles of FEARLESS Living. Many women wish to change career paths, be an entrepreneur or develop generational wealth, but are often overwhelmed with doubt and fear. These hopefuls may need support and a positive boost to propel them towards their dreams. Wood strives to push audiences to overcome self-limiting thoughts of doubt and fear by providing strategic steps to help them ultimately reach their goals.
NASA Selects American Small Business, Research Institution Projects for Further Development
NASA has selected 399 research and technology proposals from 259 American small businesses and 42 research institutions that will enable NASA’s future missions into deep space, while also benefiting the U.S. economy. The awards have a total value of approximately $49.7 million.
Annual Edison Award to Take Place in Chicago
Annual Edison Award to Take Place in Chicago In recognition of their distinguished leadership, innovation, and progress in advancing the electric power industry, eight U.S. and two international electric companies have been named as finalists for the Edison Electric Institute’s (EEI’s) 2016 Edison Award, the electric power industry’s most prestigious honor. A committee of energy trade publication editors has selected American Electric Power, Arizona Public Service Company, Edison International, The Empire District Electric Company, Green Mountain Power, Indianapolis Power & Light Company, Vermont Electric Power Company, and Xcel Energy as finalists for this year’s U.S. Edison Award, while The AES Corporation and CESC Limited were named finalists for the International Edison Award.
AT&T Receives Global Network Contract
AT&T has been awarded a position on the Defense Information Systems Agency’s (DISA) Global Networking Services (GNS) contract. The award lets AT&T bid on and provide communications services to support GNS. DISA plans to spend $4.3 billion over 10 years to build a single global network that will work 10 times faster than today’s. With a place on the contract, AT&T will have the opportunity to provide global networking services to DISA. AT&T will provide services like global and regional transport services, software-defined networking, Ethernet and network integration services.
11-Year-Old's Honey Lemonade Company Gets A Deal with Whole Foods
An 11-year-old's lemonade company has struck a deal with Whole Foods to be carried in stores across four states.
Amazon Sues Exec Set to Join Target
Amazon.com sued its seasoned logistics executive nearly a month after Target hired him, saying he has violated a non-compete clause that prohibits him from joining a rival for at least 18 months.
