The United Soccer League’s expansion into Chicago got a boost Wednesday when it was announced Cubs owner Tom Ricketts will be the new soccer team’s majority owner.The effort to bring a second-division team to Chicago is a joint effort by developer Sterling Bay and Ricketts, who previously owned a minority stake in English side Derby County. The USL team is expected to begin play in 2021 with plans for a stadium on the proposed Lincoln Yards development.So what is the USL and what does an expansion team mean for the Fire, Chicago’s MLS team? Here’s a primer.What soccer team is Tom Ricketts buying exactly? It’s not the Fire, is it?No, it’s not the Fire. On Wednesday, the Sterling Bay real-estate development firm announced that the Cubs chairman will be the majority owner of a Chicago franchise in the United Soccer League. Sterling Bay purchased the USL expansion team last year and will retain a stake in it. The still-unnamed team would play its home … [Read more...] about What does Tom Ricketts’ ownership of a USL expansion team in Chicago mean for the Fire?
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Duke basketball player from Chicago to bike and jog across America for a worthy cause
There’s a certain fascination with Mike Krzyzewski, the modern-day John Wooden who has coached Duke to five NCAA championships and Team USA to three Olympic gold medals.Yet when Duke basketball player Brennan Besser, a junior from Chicago’s Latin School, brought sister Jacqueline to a game at Cameron Indoor Stadium, she played it cool. Coach K introduced himself, and Jacqueline … well, she went back to watching Barney on her iPad.“Probably the only person to ignore him in the last 30 years,” Besser said with a chuckle.Jacqueline, 23, is different. But different in a way that has inspired Besser to do something that reflects both his immense love for his sister and his desire to help what he calls America’s “hidden population” — those with intellectual and developmental disabilities.Brennan and sister Rachel will embark on a cross-country journey, biking, walking and jogging more than 3,400 miles across 16states, starting May 16 … [Read more...] about Duke basketball player from Chicago to bike and jog across America for a worthy cause
Rothschild & Co Adds Sumner Farren and Sara Coyle as Managing Directors in Chicago
NEW YORK--(BUSINESS WIRE)--May 10, 2018--Rothschild Global Advisory is further strengthening its North American business by announcing that it has hired Sumner Farren and Sara Coyle as Managing Directors in its Chicago office. Mr. Farren and Mrs. Coyle will join the Industrials group starting in late June.“The addition of Sumner and Sara to our Chicago office provides additional experience and depth to the strong team there, which has already been successful since the office opened in 2016,” stated Jimmy Neissa, Head of Rothschild & Co North America . “We are delighted with the work Eric Hirschfield and his team have done to build our presence and reputation in the Midwest region, and adding two Managing Directors of this caliber reflects Rothschild & Co’s ongoing commitment to the U.S. market.”With over 25 years of experience, Sumner Farren joins Rothschild Global Advisory from UBS, where he was a Managing Director responsible for the firm’s … [Read more...] about Rothschild & Co Adds Sumner Farren and Sara Coyle as Managing Directors in Chicago
Amazon, Google, Kount, Bank of America, GrubHub and PayPal Among Presenters at 2018 Mobile Payments Conference in Chicago
CHICAGO, May 10, 2018 (GLOBE NEWSWIRE) -- Mobile Marketing & Technology today introduced its keynote lineup and other confirmed speakers for the 2018 Mobile Payments Conference (MPC), taking place August 22 – 24, 2018 at the Wyndham Grand Chicago Riverfront in Chicago, IL. Click here to see the latest agenda and speaker list.The impressive keynote speaker lineup for this year’s event includes Don Bush, vice president of marketing at Kount; Jack Connors, leader of Google’s merchant partnerships for Android Pay; Usha Nandigala, industry principal solution architect and technologist with Amazon Web Services; Aaron Lint, vice president of research at Arxan; Jim Ciortan, head of global BD/sales at PayPal; Jason Oxman, CEO at Electronic Transactions Association; Matt Donnelly, vice president of security and solutions at FreedomPay; and Sam Hall, chief product officer at GrubHub. Click here to see the entire list of confirmed presenters for the breakout sessions.This … [Read more...] about Amazon, Google, Kount, Bank of America, GrubHub and PayPal Among Presenters at 2018 Mobile Payments Conference in Chicago
Chicago State picks Zaldwaynaka ‘Z’ Scott as new president
A former trustee at Chicago State University who once unsuccessfully plotted to oust its controversial president will return to the school, this time as its president.School leaders announced Wednesday night that Zaldwaynaka “Z” Scott, a board member from 2009 to 2013, was chosen from three finalists to be Chicago State’s first permanent leader in almost two years.Trustees made the decision at a Tuesday meeting, according to the board’s vice chairman, Nicholas Gowen, but nothing on the agenda indicated the board planned to make that decision.Illinois’ Open Meetings Act requires that agendas “shall set forth the general subject matter of any resolution or ordinance that will be the subject of final action at the meeting.” The act also allows boards to discuss issues of employment in closed session but also requires them to take votes publicly.Asked to explain, Gowen said the board did not need to vote because trustees were not acting to formally … [Read more...] about Chicago State picks Zaldwaynaka ‘Z’ Scott as new president