State Illinois Financial News

By Timothy Gardner

A registered investment advisor firm in the Midwest is being acquired by Pensionmark, the retirement specialists business of World Insurance Associates.

U.S. officials say the FBI and its partners in Europe infiltrated and seized control of a major malware network that was used for more than 15 years to commit a gamut of online crimes including crippling ransomware attacks

U.S. officials say the FBI and its partners in Europe infiltrated and seized control of a major malware network that was used for more than 15 years to commit a gamut of online crimes including crippling ransomware attacks

Parag Shah, who was at the helm of Mahindra & Mahindra's $1 billion venture capital (VC) arm Mahindra Partners, has stepped down from his role after spending two decades with the group amidst a shift in focus at the Anand Mahindra-led group that has prioritised consolidation of existing businesses and will go slow on investments through the arm in the foreseeable future, as per people in the know. Shah, a Harvard and Illinois Institute of Technology alumnus, oversaw the incubation and growth of several new businesses of the group such as MahindraLogistics, which went public a few years ago, Mahindra Susten, an EPC business in the green energy space, and FirstCry, a popular kidswear brand that eventually became a unicorn. As managing partner of Mahindra Partners, he also led investments in businesses outside the group, notably in the healthcare space where the firm backed Medwell Ventures, founded by former Fortis Hospitals' chief executive officer Vishal Bali, and Delhi-based ophthalmology chain Centre for Sight, founded by Dr Mahipal Sachdev, a former practitioner at All India Institute of Medical Sciences. Shah is setting up his own venture, as per an internal note circulated to employees by M&M's group chief executive officer Anish Shah. ET has seen a copy of the note.

(Reuters) — The U.S. government on Tuesday selected the first 10 drugs, including the big-selling blood thinner Eliquis from Bristol Myers (NYSE:BMY) Squibb and Pfizer (NYSE:PFE), that will be subject to the first-ever Medicare price negotiations, part of President Joe Biden’s Inflation Reduction Act (IRA) that drugmakers and industry groups have challenged in court.

A federal jury in Chicago has convicted a former chief of staff to longtime Illinois House Speaker Michael Madigan of lying under oath to protect his once-powerful boss

A federal jury in Chicago has convicted a former chief of staff to longtime Illinois House Speaker Michael Madigan of lying under oath to protect his once-powerful boss

Wynonna Judd, the country singer, is embarking on a solo tour featuring her initial two albums, a PEOPLE report said. The Back to Wy theater tour is scheduled to begin on October 26 and will span 15 cities. Judd, who has been touring since 1983, expressed her enthusiasm for live performances. Having recently concluded The Judds tribute tour, she aims to reconnect with fans and commemorate her 40 years in country music. Her debut self-titled album, released in 1992, marked her transition to a solo career after performing with her mother as The Judds. In 1993, she followed with Tell Me Why. This shift was reminiscent of her personal journey when leaving home for college. She reminisces about the pressure to succeed and represent her family name. Judd, now 59, acknowledges that the pressure has eased, allowing her to enjoy performing and connect with fans. She emphasizes her reliance on fans since her mother's passing. The tour is an opportunity for Judd to perform songs she's never sung live and to honor her mother with emotionally charged performances. The 15-city tour starts on October 26 in Indianapolis and concludes on December 1 in Knoxville. Judd will perform both albums in their entirety, concluding each night with classic Judds hits. Pre-sale tickets are available to her fan club on August 22, followed by general sales on August 25.

The founder of layer-1 blockchain Jurat has defended his protocol against potential haters, arguing that on-chain legal enforcement is a necessary trade-off for crypto mass adoption. 

National Association of Home Builders CEO Jim Tobin explains how local governments have tied up housing construction projects.

By Bianca Flowers and Shivansh Tiwary

Almost seven in ten of the 2,926 candidates who took the CFP Certification Exam in July passed.

Aldi has recently acquired a substantial portfolio of 400 Winn-Dixie and Harveys grocery stores. This strategic takeover, predominantly concentrated in the southern regions, is accompanied by the company's ambitious plans to further expand its presence across the entirety of the nation in the forthcoming years.

Peru have named a new species of snake after Harrison Ford in honor of the "Indiana Jones" actor's support for conservation work. The 40 cm (16 inch) reptile was first discovered in May 2022 in the jungle mountains of Otishi National Park, San Marcos National University said Wednesday. But it was not until now that researchers concluded it was indeed a previously unknown species.

Discount grocer Aldi said Wednesday it's acquiring 400 Winn-Dixie and Harveys supermarkets in the Southern U.S. Under a proposed merger agreement, Aldi will acquire all outstanding shares of Jacksonville, Florida-based Southeastern Grocers Inc., the pa...

Illinois is the first state in the U.S. to ensure child social media influencers are compensated for their work

Illinois Gov. J.B. Pritzker has signed a law banning firearms advertising that officials determine produces a public safety threat or appeals to children, militants or others who might later use the weapons illegally

Federal Communications Commission (FCC) Commissioner Brendan Carr told ET. The US and other countries are still grappling with the alleged privacy risks associated with Chinese apps such as TikTok.

Sufjan Stevens has unveiled an upcoming album titled 'Javelin', set to be released on October 6 through Asthmatic Kitty. The single from the album, «So You Are Tired,» has been released, offering a glimpse of what's to come in Javelin's tracklist. Following his 2020 album «The Ascension,» Javelin marks Stevens' return to a conventional solo LP. This release is notably his first genuine singer-songwriter album since «Carrie & Lowell.» Collaborating with a circle of friends including Adrienne Maree Brown, Hannah Cohen, Pauline Delassus, Megan Lui, and Nedelle Torrisi, as well as Bryce Dessner from the National, who contributed acoustic and electric guitar for «Shit Talk.» Stevens has gone beyond just the music with this project. A complementary book accompanies the album, consisting of 48 pages of artwork and 10 essays, featuring his collages. Additionally, he personally designed the cover art for the album. Earlier this year, Stevens introduced the ballet soundtrack album «Reflections.» He has also delved into projects such as the instrumental collection «Convocations» and a collaboration with Angelo De Augustine titled «A Beginner's Mind.» Recently, Stevens' renowned work «Illinois» was adapted into a stage performance, an endeavor that attracted attention. To learn more about the stage adaptation of «Sufjan Stevens' Illinois,» you can read the article «What to Expect From the Stage Adaptation of Sufjan Stevens' Illinois» on Pitch.

By Jonathan Stempel