Sunday - November 24, 2024
State Tipoffs Involving Illinois Newsletter for Thursday October 17, 2024 ( 17 items )  

Circana Reports Modest Gains in 2024 Back-to-School Tech Sales Amid Consumer Caution
CHICAGO, Illinois, Oct. 17 (TNSres) -- Circana, a company that says it is a leading advisor on the complexity of consumer behavior, issued the following news release: * * * Wearables and tablets lead growth as overall revenue increases 1%, with value-driven spending shaping back-to-school sales trends * * * United States back-to-school technology sales for 2024 showed a modest 1% revenue increase over last year, with average selling prices (ASPs) rising by 2%, according to Circana, a leading  more

Communication Justice Project launched at Northwestern
EVANSTON, Illinois, Oct. 16 -- Northwestern University issued the following news release: Stephen J. Lewis Evanston, Ill. - Northwestern University has launched an innovative, community-based partnership that aims to dismantle systemic barriers to speech and language services by screening hundreds of preschool-aged children, including many whose voices have been historically underrepresented in scientific research. This work builds on a research initiative led by the Northwestern School of C  more

Hyatt Enters Joint Venture With China Resources Land to Expand Portfolio Across China
CHICAGO, Illinois, Oct. 17 -- Hyatt Hotels Corp., a hospitality company, issued the following news release on Oct. 16, 2024: * * * Asset-light collaboration is set to introduce the collection of Mumian hotels' offerings and create opportunities for World of Hyatt members to earn and redeem loyalty points in new destinations * * * Hyatt Hotels Corporation (NYSE: H) announced today that affiliates of Hyatt and China Resources Land (CR Land, stock code: 01109.HK) have entered a joint venture an  more

Ill. Senate Democratic Caucus: Collins Receives Richard J. Phelan Profile in Courage Award
SPRINGFIELD, Illinois, Oct. 17 -- The Illinois Senate Democratic Caucus issued the following news: CHICAGO - State Senator Lakesia Collins joined Planned Parenthood of Illinois to receive the Richard J. Phelan Profile in Courage Award for her efforts to improve equity in reproductive care and maternal and infant health. "It is a great honor to be among the fierce champions selected for this award, and I am proud to stand alongside Planned Parenthood as we champion reproductive freedom across I  more

Ill. Senate Democratic Caucus: Simmons Receives LGBTQ+ Leader Award From State Treasurer Frerichs
SPRINGFIELD, Illinois, Oct. 17 -- The Illinois Senate Democratic Caucus issued the following news on Oct. 16, 2024: CHICAGO - State Senator Mike Simmons was recognized by Illinois State Treasurer Michael Frerichs with the Illinois LGBTQ+ Leader Award during a celebration Wednesday commemorating LGBTQ+ History Month in Chicago. "As the first openly gay senator in the state of Illinois and the third openly gay senator in the country, I bring my lived experiences as well as my constituents' with   more

Illinois Supreme Court: Administrative Director Declares Illinois Associate Judge Appointed in the Tenth Judicial Circuit
SPRINGFIELD, Illinois, Oct. 17 -- The Illinois Supreme Court issued the following news release on Oct. 15, 2024: Marcia M. Meis, Director of the Administrative Office of the Illinois Courts, announced today that the Tenth Judicial Circuit judges voted to select Vincent E. Cail as associate judge of the Tenth Judicial Circuit. Mr. Cail received his undergraduate degree in 2005 from the University of Illinois in Urbana, Illinois and his Juris Doctor in 2009 from Texas Southern University, Thurgo  more

JLL Capitalizes Arapaho Village Acquisition With Joint-Venture Equity and Senior Financing
CHICAGO, Illinois, Oct. 17 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release: * * * JLL Capital Markets arranges joint-venture equity and loan for grocery-anchored shopping center in Richardson, Texas * * * DALLAS, Oct. 16, 2024 - JLL Capital Markets announced today that it has secured joint-venture equity and acquisition financing for Arapaho Village, a 101,507-square-foot grocery-anchored shopping center in Richardson, Texas. JLL rep  more

Jones Lang LaSalle: $34M in Construction Financing Arranged for Whitepine Logistics Center in Richmond, VA
CHICAGO, Illinois, Oct. 17 -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release: * * * JLL Capital Markets secured the financing for a 498K SF industrial development * * * CHARLOTTE, Oct. 16, 2024 - JLL Capital Markets announced today it arranged $34 million in construction financing for the development of Whitepine Logistics Center, a three-building Class A industrial project located in Richmond, Virginia. JLL worked on behalf of a joint  more

Jones Lang LaSalle: Beyond Pay - Healthcare Workplaces Key for Talent Attraction and Retention
CHICAGO, Illinois, Oct. 17 (TNSres) -- Jones Lang LaSalle, a real estate and investment management company, issued the following news release: * * * JLL's new Employee Perspective on Healthcare Real Estate research reveals workplace environment's crucial role in employee experience and satisfaction * * * The healthcare sector is at a critical juncture when it comes to attracting and retaining quality talent that is vital to providing patient care. Nearly a quarter of healthcare employees are  more

Kirkland Advises CID Capital on Oversubscribed Fund IV
CHICAGO, Illinois, Oct. 17 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised Indianapolis-based private equity firm CID Capital on the closing of its fourth buyout fund ("Fund IV"). Fund IV had a first and final close at the hard cap of $250 million, finishing well above the $200 million target. The investor base for Fund IV generally consists of institutional fund-of-funds, insurance companies, RIAs, endowments and family offices. Read the transac  more

Kirkland Advises Fengate on Largest Data Center Transaction in Canada
CHICAGO, Illinois, Oct. 17 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised Fengate Asset Management, a leading North American alternative investment manager focused on infrastructure, private equity and real estate strategies, on significantly increasing its equity stake in eStruxture Data Centers with the sector-shaping deal. This builds on the long-standing business partnership through a C$1.8 billion recapitalization transaction, including a con  more

Kirkland Advises Strategic Value Partners on Cash Offer for Nordic Paper Holding AB
CHICAGO, Illinois, Oct. 17 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis is advising funds managed by Strategic Value Partners, through Coniferous Bidco AB, on a public offer to the shareholders of Nordic Paper Holding AB, a leading specialty paper producer, to tender all their shares to Coniferous Bidco at a price of SEK 50 in cash per share. The total value of the offer, based on all 66,908,800 shares in Nordic Paper, amounts to approximately SEK 3,34  more

Kirkland Represents Victor Capital Partners on Closing of $310 Million Oversubscribed Fund II
CHICAGO, Illinois, Oct. 17 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis counseled Victor Capital Partners, a leading middle market private equity firm that partners with branded businesses in the specialty consumer, industrial technology and business services sectors, in the successful closing of its oversubscribed Victor Capital Partners Fund II, L.P. (Fund II). With capital commitments of $310 million, Fund II exceeded its fundraising targets based o  more

McDermott Comment: U.S. Tech Firms to Invest pound sterling6.3bn in UK Data Centres
CHICAGO, Illinois, Oct. 17 -- McDermott Will and Emery, a law firm, issued the following commentary on Oct. 16, 2024, by Sebastien Bonneau, corporate and data centres partner: * * * Four US tech firms have announced plans to invest pound sterling6.3 billion in data centre infrastructure in the UK, as announced at the Government's International Investment Summit on Monday. * * * Sebastien Bonneau, corporate and data centres partner at McDermott Will & Emery, commented: "Recent political chan  more

Move More, Earn More: World of Hyatt and Peloton Reward Members for Prioritizing Wellbeing
CHICAGO, Illinois, Oct. 17 -- Hyatt Hotels Corp., a hospitality company, issued the following news release on Oct. 16, 2024: * * * World of Hyatt becomes first loyalty program to reward its members for completing Peloton workouts on property * * * World of Hyatt in collaboration with Peloton (NASDAQ: PTON) announces that beginning today, World of Hyatt members can earn points for Peloton workouts completed on a Peloton Bike or Peloton Row at 700+ participating Hyatt hotels around the world.   more

Terrorism early warning system to release new reports
EVANSTON, Illinois, Oct. 16 -- Northwestern University issued the following news release: Amanda Morris EVANSTON, Ill. - Tomorrow, Northwestern University artificial intelligence (AI) and security experts will release new reports from the Northwestern Terror Early Warning System (NTEWS), a machine-learning platform that models terrorist behavior to generate forecasts about future attacks. The release will take place on Thursday, Oct. 17, at the Conference on AI & National Security. An introdu  more

TransUnion Analysis Finds Fraud Costing Businesses Equivalent of Nearly 7% of Revenues
CHICAGO, Illinois, Oct. 17 (TNSres) -- TransUnion, a risk information provider, issued the following news release: * * * Three in four business leaders indicated fraud stayed the same or increased in the past year; synthetic identity lending exposure reaches all-time high * * * A global TransUnion (NYSE: TRU) analysis found that fraud continues to significantly impact businesses and their bottom lines. The newly released H2 2024 Update to the State of Omnichannel Fraud Report, which explores  more