Results tagged “crains”

We're still four months away from the International Olympic Committee's final vote to select the host city of the 2016 Summer Olympics, but that doesn't mean Chicago 2016 is resting on its laurels. The team is prepping for a June 17 technical presentation in Lausanne, Switzerland. According to Crain's:

Where is the best place to work in Chicago? According to the 2009 list released today by Crain's Chicago Business, Transwestern beat out more than 150 other large businesses in the Chicago area vying for the top spot. Several companies that made the list -- all of which had 100 employees or more per survey rules -- said they invested in employee development and meaningful perks such as full health-care coverage and transportation reimbursement for their workers.

We mentioned this weekend the speculation surrounding the CTA's Ron Huberman replacing the DC-bound Arne Duncan as CEO of the Chicago Public Schools. This afternoon, Crain's is reporting a source as saying it's a done deal and could be announced by Mayor Daley as soon as tomorrow. Okay, his experience with the Chicago Police department will probably come in handy with the way the kids are carrying on these days, but wouldn't we want someone with at least a little education experience for this role?

In a development that won't help his already long-shot bid to buy the Cubs, Dallas Mavericks owner and entrepreneur Mark Cuban has been charged with insider trading by the Securities and Exchange Commission. The Wall Street Journal explains it all thusly:

Mr. Cuban sold his entire 6% ownership stake on June 28, 2004, after learning that Mamma.com was raising money through a private investment in a public entity, or PIPE. The next day, on June 29, the company announced the PIPE financing and shares of the company dropped by more than 10%. By selling his stake, the SEC alleges, Mr. Cuban avoided more than $750,000 in losses.

At least, if you take what he says as gospel truth. With all the financial stories swirling around our heads these days, it's hard to know what's for real and what's just blithering...but in this case, it is Sam Zell, master real estate investor billionaire and not Sam Zell, Tribune Company executive. Crain's has the details:

The Trib unveiled its new website today, and Crain's redesign went live yesterday.

Oooooh, Bank of America, you silly so-and-sos. The gigantic financial institution, which recently purchased LaSalle Bank and thus increased its presence in our fine city, just ran this ad in Crain's: Whoops. That's an old photo--note the Sun-Times building, which was demolished in 2004. Somebody call the irony police. Beyond the fact that this is an out-of-date image, the picture doesn't even seem that Chicago-y to us, and the ad is super boring. Back to...