Business

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.

Get Smart About Smart Meters

Attorney General Lisa Madigan today issued a consumer alert urging Illinois residents to do their homework on smart meters – how they work, what type of data they collect, how the data can be used and if you authorize it, who can access it. Smart meters may help households lower electricity bills if the data is monitored and used properly, but Madigan warned that special packages that utility companies market don’t always result in savings.

A Better Approach to Selling Your Business

According to the National Association of Realtors, the median selling price for U.S. homes as of November 2015 was $220,300. If you think about it, it becomes apparent that the family home is most likely a family's greatest asset. There are exceptions, of course, but this holds true for most American families. The process for selling the average home is well understood and usually straightforward: A realtor evaluates the property, suggests a fair selling price based on recent comparable sales in the neighborhood and lists the property for sale. An interested buyer makes an offer and, following some negotiations, an agreement is reached and the sale is completed.

What if You Haven’t Filed Taxes in Years?

Most people that have IRS problems haven’t filed in a few years. It’s a common problem. You are not alone. Don’t be embarrassed. Nearly 10 million people have delinquent tax returns. In all my years of practicing before the IRS I’ve seen people that had a rough patch in their life that kept them from filing and paying their taxes. IRS Problems happen to good people. Someone gets sick and they can’t work, someone loses their job. It’s terrible. There’s no money to pay the taxes one year so they don’t file, and the person is afraid to file after that.

Chicago Named Nation’s “Top Metro” for New and Expanding Companies for Third Year Straight

Chicago ranked “Top Metro” in the United States in 2015 for corporate investment in the March issue of Site Selection magazine. For the third consecutive year, the Chicago metro area saw more new and expanding corporate facilities than any other area. Today’s news comes on the heels of Allstate and Beam Suntory announcing they are moving 850 jobs to Chicago just this week. Both join of a steady stream of companies that have recently decided to locate in the city, including ConAgra Foods, Oscar Mayer and Kraft Heinz Company. To date in 2016, Chicago has added nearly 2,000 jobs.