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Payment company DivDat banks on the unbanked as it bids for reinvention
After a half century in business, Diversified Data and Communications Inc. is ... One of the bigger ones is Chicago-based CityBase, which sold for $160 million last year. What separates DivDat, ...
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Center tied to Gilbert rehab takes to local radio airwaves
The ads focus on the center's use of cutting-edge technology to help patients get their lives back. A spokeswoman for the Chicago center said the ads were part of a national ad campaign the AbilityLab ...
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Burke no longer partner at his law firm
In the wake of his indictment, Mayor Lori Lightfoot has pushed through a series of ethics reform, including a ban on aldermen holding certain outside employment “that poses a potential liability or a ...
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When you need more hangar space and less living space
At Brookeridge, the Chicago area's original "fly-in" subdivision in Downers ... according to the real estate listing. Crain's check of homes listed for sale in the $500,000s in Downers Grove, the ...
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A Chicago power giant gets its #MeToo moment
According to internal documents obtained by Crain's, Chicago-based Exelon determined that David Fein ... was determined by Exelon's ethics office to have "violated the code of business conduct, in ...
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Buying up outdoor retailers hasn't worked out the way Marcus Lemonis planned
"The two business models are so completely different," says Brad Koszuta, a senior associate at Chicago retail consultancy McMillanDoolittle. "There was a reason Gander went out of business. Reopening ...
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Big IT outsourcers aren't the only companies hurt by Trump's visa crackdown
Jacob Babcock was thrilled when his fledgling Chicago tech company, NuCurrent, won the lottery to apply for an H-1B visa for a key foreign-born employee. He wasn't counting on the odds getting longer ...
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Drugmaker shifts away from pain, gastric distress to focus on orphans
Beyond the appeal of addressing unmet medical needs, "they had to do something different, and orphan drugs are what a company their size can afford to do," says Erik Gordon, a professor at the ...
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Trump faces his Mini-Me in Joe Walsh
In an era when politics, entertainment and media have converged into one click-happy conglomeration, it's hard not to have a good horselaugh about the prospect of former Chicago-area congressman ...
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This outfit was supposed to help small nonprofits. Then it ran out of money.
they also can poach successful business plans, besides absconding with funds. The IRS has made it easier for charities to avoid an sponsor, according to Daniel Borochoff, president of Chicago-based ...
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Revolving door spins again in Blue Cross parent's C-suite
“We have strong continuity in our IT leadership, and we are focused on further aligning our investments in this area with our forward-looking business strategy.” Crain's has learned Steiner's ...
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L.A. private-equity firm buys remainder of FTD and ProFlowers
Flower-and-gift delivery business FTD was acquired by Los Angeles-based private equity firm Nexus Capital Management, the company announced in a statement today. The $110.9 million acquisition ...