Alibaba Delivers on Biggest U.S. IPO With $21.8 billion Offering

Chinese e-commerce giant Alibaba Group will price its shares at $ 68 a piece, topping its initial expected range, and raising a total of $ 21.8 billion to make it the biggest U.S. initial public offering ever. The stock sale places the company in the ranks of the most valuable Internet companies with a market capitalization of $ 168 billion, exceeding industry standard bearers like Amazon and Twitter. It also puts an exclamation point on China’s rapid rise in the technology industry and Read more [...]

New Study Finds Bank of America Chicago Marathon Delivers More Than $253 Million in Business Activity

Dateline City: CHICAGO 2013 Chicago Marathon Provided the Equivalent of 1,742 Full-time Jobs Bank of America announced today that the Bank of America Chicago Marathon continues to be a key economic driver and contributes an estimated $ 253.49 million in total business activity to the Chicago economy, according to a new economic impact report. Read more [...]

Honeywell Delivers Critical Information During Deep Freeze

Within the last week, snow storms and a massive deep freeze covering most of the country has caused schools, businesses and government agencies to delay openings or close completely. Honeywell Instant Alert® delivered more than 4.2 million alerts, warning individuals of inclement conditions and notifying them of schedule changes during the course of the record-setting weather. On Jan. 2, 2014 alone, organizations across the U.S. sent 1.4 million Instant Alerts – messages that touched Read more [...]