Your Search for 'groupon' returned 29 results
Still no deal Partner station Michigan Radio reports the Detroit City Council decided not to vote last night on a proposed consent agreement with the state to resolve the city’s financial crisis. A judge has blocked any agreement from going forward. Michigan governor Rick Snyder is appealing that decision. If no deal is reached by … Continue reading
Collared The Presidential candidates are all out talking about creating more manufacturing jobs. The National Journal looks at what that’ll take. The magazine says we’ll need more blue-collar workers with white-collar training. Detroit’s ticking clock Detroit leaders have been furiously trying to cut costs to avoid being taken over by an emergency manager. But the … Continue reading
Who really runs Chicago? According to Chicago Magazine, it is a collection of leaders in politics, business, sports and food. Chicago Mayor Rahm Emanuel Earlier this month, the magazine came out with its list of the city’s 100 most powerful people. It’s a surprisingly diverse list, with some very familiar and not so familiar faces. … Continue reading
The non-profit group Built In Chicago analyzed data from 2011 and found that it was a big, big year for web-based startups in the city. 128 new companies launched last year, and the total amount of new capital raised by web-based companies in Chicago was up 431 percent. A hefty chunk of that increase came … Continue reading
Groupon grows Chicago-based Groupon has acquired a new York company that specializes in gathering data about local consumers. The Chicago Tribune says it could be the “deal of the year.” Long way to go in Toledo The Toledo area has seen 7,200 new jobs in manufacturing since June of 2009. That’s the second best improvement … Continue reading
An expensive building The Wall Street Journal reports that the historic Chicago Board of Trade building has found a buyer. The price tag? Between $150 and $180 million, according to the paper (subscription required). Growing pains for Groupon Chicago-based Groupon reported quarterly earnings for the first time since becoming a public company, and Wall Street … Continue reading
CHICAGO – 1871 was the year of the Chicago Fire. For local tech entrepreneurs, they say they like to think of it as the year Chicago rebuilt – and have seized upon it as the name for a new tech center that will open this spring at Chicago’s Merchandise Mart. 1871 is the brainchild of … Continue reading
Three stories making news across the Midwest today: 1. Groupon gets mixed reviews. Three investment banks that sold Groupon’s initial public offering in November have mixed views of the company’s stock. Credit Suisse analysts rated the stock “neutral” in research reports released today. Morgan Stanley advised its clients to wait to buy shares of the … Continue reading
Detroit’s financial situation is such a mess it might be close to finding itself under state control. This could come with the appointment of an emergency manager to make financial decisions for the city. The manager would have broad powers to cut costs, dismiss workers and void all or parts of contracts. Do you think … Continue reading
Three stories making news across the Midwest today: 1. Bing defiant over looming Detroit takeover. A state takeover of Detroit and its ruinous financial situation has seemed imminent for weeks, if not months. On Thursday, Michigan Gov. Rick Snyder told Mayor Dave Bing he would initiate a 30-day review of the city’s finances, a precursor … Continue reading
