Chicago

Uber Looks At $500M Investment In Freight Division, Report Says
Uber Looks At $500M Investment In Freight Division, Report Says
July 16, 2020  |  Investments

Uber is said to be in talks with investors to take stake in its freight business and raise $500 million to boost it to a...

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Chicago Purchasing Managers Index Tumbles To 38-Year Low
Chicago Purchasing Managers Index Tumbles To 38-Year Low
May 29, 2020  |  Economy

The widely watched Chicago Purchasing Managers Index fell to 32.3 in May, hitting its lowest level since the recession year of 1982 as the COVID-19...

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Uber Price Spike Revealed In Chicago
Uber Price Spike Revealed In Chicago
November 26, 2019  |  Ridesharing

Although ride-hailing companies like Uber and Lyft strive to keep pricing strategies secret, a Chicago law requires the disclosure of fare data, Reuters reported on...

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Billtrust Reports $30B In Processed ACH, Card Payments In 2019
Billtrust Reports $30B In Processed ACH, Card Payments In 2019
October 01, 2019  |  Payment Methods

Accounts receivable automation firm Billtrust announced that it is expanding its presence in Chicago as it experiences rapid growth, including more than $30 billion in...

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Uber Freight To Invest $200M To Set Up Shop In Chicago
Uber Freight To Invest $200M To Set Up Shop In Chicago
September 09, 2019  |  Investments

Uber Freight has announced that it is investing $200 million to “put down roots” in Chicago. “Chicago is consistently at the forefront of innovation, from...

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Coinbase Lays Off 30, Shutters Chicago Office
Coinbase Lays Off 30, Shutters Chicago Office
April 23, 2019  |  Cryptocurrency

Digital currency exchange Coinbase has shuttered its Chicago office and laid off 30 engineers, according to a report in Fortune. The company had opened the...

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Carsharing App car2go Hacked, 100 Mercedes Stolen
Carsharing App car2go Hacked, 100 Mercedes Stolen
April 18, 2019  |  Security & Fraud

Daimler’s car-sharing service car2go was shut down temporarily Thursday (April 18) in Chicago after a slew of Mercedes-Benz cars were stolen by using the app. According...

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Amazon Go Aims For 3K Locations By 2021
Amazon Go Aims For 3K Locations By 2021
September 20, 2018  |  Retail

A new report says that Amazon might open 3,000 Amazon Go locations by 2021. The company should have about 10 new cashierless stores by the...

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