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State Tipoffs Involving Illinois Newsletter for 2024-05-17 ( 28 items )  
ACE HARDWARE REPORTS FIRST QUARTER 2024 RESULTS (10)
OAK BROOK, Illinois, May 16 (TNSres) -- Ace Hardware, a retailer-owned hardware cooperative, issued the following news on May 15, 2024: * * * * First quarter revenues of $2.1 billion, an increase of 2.5 percent * First quarter net income of $46.9 million, a decrease of 29.2 percent * Accrued patronage dividend to shareholders of $76.5 million, a decrease of 13.5 percent from the first quarter of 2023 * Ranked the #5 best franchise in the world according to Entrepreneur Magazine * * * Ace  more PR

Baxter Announces Mission and Logo for Proposed Kidney Care Company Vantive (10)
DEERFIELD, Illinois, May 16 -- Baxter International, a health care company that focuses on products to treat hemophilia, kidney disease, immune disorders and other chronic and acute medical conditions, issued the following news release on May 14, 2024: Baxter International Inc. (NYSE:BAX), a global medtech leader, announced today the mission and logo for its proposed kidney care and acute therapies company, to be named Vantive. The Vantive mission, Extending Lives, Expanding Possibilities, wil more PR

City of Chicago Kicks Off Paving Season on Southwest Side (10)
CHICAGO, Illinois, May 17 -- The Chicago Department of Transportation issued the following news release on May 16, 2024: The Chicago Department of Transportation (CDOT) and Chicago Department of Water Management (DWM) joined 13th Ward Alderman Marty Quinn today on the southwest side to kick off the 2024 paving season, as the first steps of the repaving efforts - known as milling operations - are underway in Chicago neighborhoods. CDOT is targeting 150 miles of arterial and residential street re more PR

Fitwel Awards UL Solutions Best in Building Health and Top 20 Ambassadors Awards (10)
NORTHBROOK, Illinois, May 16 -- UL Solutions, a company that says it delivers testing, inspection and certification services, together with software products and advisory offerings, issued the following news release on May 15, 2024: UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, today announced that for the third year running, it received two 2024 Fitwel Best in Building Health(R) awards and two Top 20 Ambassadors List awards from Fitwel(R). Fitwel is a people-centri more PR

ICC Approves Highway-Rail Crossing Upgrades for Iroquois County (10)
SPRINGFIELD, Illinois, May 17 -- The Illinois Commerce Commission issued the following news release: The Illinois Commerce Commission recently approved a stipulated agreement to install new automated warning devices and other public safety improvements at the County Road 2700 North (AAR/DOT #288974F) highway-rail grade crossing of near Ashkum. "The Grade Crossing Protection Fund helps local governments and railroads across Illinois to make important public safety improvements to their existing more PR

Ill. EPA Provides $530,000 in Funding to the City of East Dubuque to Replace Lead Service Lines (10)
SPRINGFIELD, Illinois, May 17 -- The Illinois Environmental Protection Agency issued the following news release on May 16, 2024: Illinois EPA Director John J. Kim today announced $530,000 in funding to the City of East Dubuque (Jo Daviess County) to replace lead service lines throughout the community. The funding is provided through the Illinois EPA's State Revolving Fund (SRF), which provides low- interest loan funding for drinking water, wastewater, and stormwater projects. The funding is in  more PR

Ill. EPA Provides Over $1.9 Million in Funding to the Village of Moweaqua to Replace Lead Service Lines (10)
SPRINGFIELD, Illinois, May 17 -- The Illinois Environmental Protection Agency issued the following news release on May 16, 2024: Illinois EPA Director John J. Kim today announced $1,917,810 in funding to the Village of Moweaqua (Shelby and Christian Counties) to replace lead service lines as well as water meters that contain lead in the community. The funding is provided through the Illinois EPA's State Revolving Fund (SRF), which provides low-interest loan funding for drinking water, wastewate more PR

Ill. EPA Provides Over $3 Million in Funding to the City of Freeport to Replace Lead Service Lines (10)
SPRINGFIELD, Illinois, May 17 -- The Illinois Environmental Protection Agency issued the following news release on May 16, 2024: Illinois EPA Director John J. Kim today announced $3,075,750 in funding to the City of Freeport (Stephenson County) to replace lead service lines throughout the community. The funding is provided through the Illinois EPA's State Revolving Fund (SRF), which provides low- interest loan funding for drinking water, wastewater, and stormwater projects. The funding is in th more PR

Ill. EPA Provides Over $4 Million in Funding to the City of Joliet to Replace Lead Service Lines (10)
SPRINGFIELD, Illinois, May 17 -- The Illinois Environmental Protection Agency issued the following news release on May 16, 2024: Illinois EPA Director John J. Kim today announced $4,008,461 in funding to the City of Joliet (Will and Kendall) to replace lead service lines throughout the community. The funding is provided through the Illinois EPA's State Revolving Fund (SRF), which provides low-interest loan funding for drinking water, wastewater, and stormwater projects. "Lead service line repl more PR

Ill. EPA Provides Over $978,000 in Funding to the City of Knoxville to Replace Lead Service Lines (10)
SPRINGFIELD, Illinois, May 17 -- The Illinois Environmental Protection Agency issued the following news release on May 16, 2024: Illinois EPA Director John J. Kim today announced $978,296 in funding to the City of Knoxville (Knox County) to replace lead service lines throughout the community. The funding is provided through the Illinois EPA's State Revolving Fund (SRF), which provides low-interest loan funding for drinking water, wastewater, and stormwater projects. The funding is in the form o more PR

Ill. Gov. Pritzker Awards $2.5 Million in Grant Funding to Economic Empowerment Centers Across Illinois (10)
CHICAGO, Illinois, May 16 -- Gov. JB Pritzker, D-Illinois, issued the following news release on May 14, 2024: Today, Governor JB Pritzker and the Illinois Department of Commerce and Economic Opportunity (DCEO) awarded $2.5 million in grant funding to 10 recipients through the Illinois Economic Empowerment Centers Grant Program (EEC). This funding will help organizations provide training and resources to individuals and entrepreneurs from historically disinvested communities pursue job opportuni more PR

Ill. House Democrats: Andrade Advances Measure Allowing Motorists to Recover Personal Items From Towed Vehicles (10)
SPRINGFIELD, Illinois, May 16 -- The Illinois House Democrats issued the following news on May 15, 2024: Continuing his efforts to support motorists, state Rep. Jaime Andrade, D-Chicago, passed legislation on Tuesday that allows motorists the chance to recover valuable personal items like medical devices and identification cards from their vehicles. "Common sense tells you that if someone is unfortunate enough to have their car towed, these companies should allow motorists to get their importa more PR

Ill. House Democrats: Lisa Hernandez Passes Bill Covering Infertility, IVF Treatments and Tests in Health Plans (10)
SPRINGFIELD, Illinois, May 16 -- The Illinois House Democrats issued the following news: State Rep. Elizabeth 'Lisa' Hernandez, D-Cicero, is prioritizing access to in vitro fertilization services with legislation that will require insurance companies with pregnancy benefits to cover treatments and testing for infertility. "Making Illinois a safe and supportive place to raise a family necessitates that we support those struggling to start a family," Hernandez said. "Birth rates continue to decr more PR

Ill. House Democrats: Rep. Barbara Hernandez Measure Grows Teacher Base, Cuts Higher Education Costs for Future Educators (10)
SPRINGFIELD, Illinois, May 16 -- The Illinois House Democrats issued the following news: State Rep. Barbara Hernandez, D-Aurora, recently passed a measure to establish an educator preparation program that disberses stipends to students taking the curriculum, as well as teachers administering it. "I was lucky enough to grow up in Aurora and attend East Aurora High School, where I had excellent teachers. Every student should be able to have an experience like mine," Hernandez said. "Offering low more PR

Illinois State Treasurer Frerichs Thanks Lawmakers for Passing Bill Allowing Leftover College Savings Funds to Be Used for Retirement (10)
SPRINGFIELD, Illinois, May 17 -- Illinois State Treasurer Michael Frerichs issued the following news release on May 16, 2024: Illinois Treasurer Michael Frerichs today thanked the General Assembly for passing his legislative initiative to allow parents who don't use all the money in their Illinois 529 College Savings Accounts (Bright Start and Bright Directions) to roll over the funds into a Roth IRA. "One of the most common concerns parents have is what can be done with leftover money in an a more PR

Kirkland & Ellis: IFLR Recognizes Kirkland With Loan Deal of the Year at Americas Awards 2024 (10)
CHICAGO, Illinois, May 17 -- Kirkland and Ellis, a law firm, issued the following news release: International Financial Law Review (IFLR) honored Kirkland & Ellis with "Loan Deal of the Year" as part of its 2024 Americas Awards. The Firm was recognized for advising Finastra, a Vista Equity Partners portfolio company, in connection with the refinancing of its existing credit facilities. The transaction resulted in the largest ever private credit deal in the United States, including a $4.82 billi more PR

Kirkland Advises Blackstone on Agreement to Acquire Majority Stake in Priority Software (10)
CHICAGO, Illinois, May 17 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised Blackstone on its entry into a definitive agreement to acquire a majority stake in Priority Software, a leading provider of mission-critical business software, from existing investors TA Associates and Fortissimo Capital. Blackstone's investment will help build on Priority Software's position at the forefront of the ERP software market and support its further growth across i more PR

Kirkland Advises LogRhythm on Merger Agreement With Exabeam (10)
CHICAGO, Illinois, May 17 -- Kirkland and Ellis, a law firm, issued the following news release on May 16, 2024: Kirkland & Ellis advised LogRhythm, the company helping security teams stop breaches by turning disconnected data and signals into trustworthy insights, on its merger agreement with Exabeam, a global cybersecurity leader that delivers AI-driven security operations. The merger is expected to close in the third quarter of 2024 and is subject to regulatory approvals and customary closin more PR

Kirkland Advises Palo Alto Networks on Partnership With IBM to Deliver AI-Powered Security (10)
CHICAGO, Illinois, May 17 -- Kirkland and Ellis, a law firm, issued the following news release: Kirkland & Ellis advised global cybersecurity company Palo Alto Networks (NASDAQ: PANW) on a broad-reaching partnership with IBM (NYSE: IBM) that will deliver AI-powered security outcomes to customers. As part of this expanded partnership, Palo Alto Networks has agreed to acquire IBM's QRadar Software as a Service (SaaS) business, and the two companies will partner to offer seamless migration for QR more PR

MAYER BROWN LAWYERS AND PRACTICES RANKED IN BENCHMARK LITIGATION ASIA PACIFIC 2024 (10)
CHICAGO, Illinois, May 17 -- Mayer Brown, a law firm, issued the following news: The 2024 edition of Benchmark Litigation Asia Pacific has recognized and ranked Mayer Brown's practices and lawyers. Eleven lawyers from Hong Kong and Singapore have been recognized as "Litigation Stars" and "Future Stars". They are: China and Hong Kong * Geoffrey Chan - Construction; International Arbitration * Tom Fu - Construction * Mei Ling Lew - Construction * Alan Linning - Government and Regulatory *  more PR

MAYER BROWN PARTNER MATT BISANZ RECEIVES OUTSTANDING CONTRIBUTION TO REGULATORY REFORM AWARD FROM IFLR (10)
CHICAGO, Illinois, May 17 -- Mayer Brown, a law firm, issued the following news: Mayer Brown announced that Matt Bisanz, a partner in the firm's Banking & Finance practice, has been recognized with the "Outstanding Contribution to Regulatory Reform" award from International Financial Law Review. "I thank IFLR for recognizing me," said Matt."I've spent my career working on behalf of the financial services industry to help enact reasonable regulations that protect the US financial system but als more PR

More Viewers are Trading Down to Ad-Supported TV, Propelling Growth for SVOD Ad-Tiers and FAST Platforms, Circana Reports (10)
CHICAGO, Illinois, May 16 (TNSres) -- Circana, a company that says it is a leading advisor on the complexity of consumer behavior, issued the following news release: The streaming video market is looking more and more like the advertising supported TV channel bundles of the 1990s. In the past six months, Subscription Video-on-Demand (SVOD) services experienced a subscriber migration to ad-tiers as the price gap to get ad-free viewing increased by 52%, according to Circana. In fact, 75% of U.S.  more PR

New Circana Research Examines $214 Billion Snack Market (10)
CHICAGO, Illinois, May 16 (TNSres) -- Circana, a company that says it is a leading advisor on the complexity of consumer behavior, issued the following news release: Circana(TM), the leading advisor on the complexity of consumer behavior, has released a comprehensive analysis of the snack market, offering valuable insights and strategies for sustained growth and innovation. The analysis explores various facets of snacking behavior, highlighting the enduring importance of on-shelf availability a more PR

Security Devices Lead in Smart Home With Rising Ownership and Steady Subscription to Premium Services, Reports Circana (10)
CHICAGO, Illinois, May 16 (TNSres) -- Circana, a company that says it is a leading advisor on the complexity of consumer behavior, issued the following news release: There is at least one smart home product in 59% of U.S. households, and security cameras have the highest penetration of all categories, according to the latest Home Automation Ownership and Usage report from Circana(TM), the leading advisor on the complexity of consumer behavior. Despite a decline in sales revenue of security came more PR

SIU Wins National Event Recognition in Campus Race to Zero Waste Competition (10)
CARBONDALE, Illinois, May 16 -- Southern Illinois University issued the following news release: Southern Illinois University Carbondale is a national winner again for its commitment to going green, this time claiming a victory in the Campus Race to Zero Waste 2024 competition. SIU won first place in the Green Events category for its operation of a zero-waste station at the annual International Food Festival. This is the first time SIU's Sustainability Office has had a presence at the festival, more PR

University of Chicago: Conservation Lab - Preserving the World's Oldest Objects (10)
CHICAGO, Illinois, May 16 (TNSres) -- The University of Chicago issued the following news: By Tori Lee Editor's Note: This is part of a new series called Inside the Lab, which gives audiences a first-hand look at the research laboratories at the University of Chicago and the scholars who are tackling some of the world's most complex problems. Deep inside the Institute for the Study of Ancient Cultures--past cases filled with cuneiform tablets and giant stone sculptures that guarded the temple more PR

University of Chicago: He Lab - Using the Science of RNA to Feed the World (10)
CHICAGO, Illinois, May 16 (TNSres) -- The University of Chicago issued the following news: By Louise Lerner Editor's Note: This is part of a new series called Inside the Lab, which gives audiences a first-hand look at the research laboratories at the University of Chicago and the scholars who are tackling some of the world's most complex problems. In a sunlit greenhouse atop a biology building on the campus of the University of Chicago, members of Prof. Chuan He's laboratory are working to mo more PR

Walgreens Brand Naloxone Available Online and In Stores This Month (10)
DEERFIELD, Illinois, May 16 -- Walgreens, a subsidiary of Walgreens Boots Alliance, issued the following news release on May 15, 2024: Walgreens today announced it is expanding access to an over the counter, life-saving medication with the launch of Walgreens Brand Naloxone HCI Nasal Spray. The product--which retails for $34.99, a lower price than the comparable national brand product at Walgreens stores, can reverse an overdose from opioids. The product is currently available online and will  more PR