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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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How Prepaid Cards Played A Role In El Chapo’s Global Drug Operation

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-Mexico border (sophisticated tunnels, modified trains and rail spurs, even jalapeño cans designed to fool border inspectors), and whose main distribution points were Lost Angeles, Chicago and New York City. During the trial, prosecutors said Guzmán made some $14 billion in drug profits during a career that kicked off in 1990.

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Lime CFO On Riding Toward A Profitable Future

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Lime’s pre-pandemic scooter business operated in more than 100 cities worldwide, bucketed into three main categories. An example would be in Chicago where one of the things they have going on is a really big focus on the city-designated equity zone,” Ellis said. So, over half of our fleet in Chicago is deployed in these equity zones.”.

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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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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

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Score one for the Midwest: Verizon said this week (March 13) it will launch its 5G network in Chicago and Minneapolis on April 11. The announcement from the mobile network provider serves as the latest demonstration that 5G is coming, and that retailers and payment services providers should get ready to operate in the 5G world.

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