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The Latest Breaking News from Citadel

After McDonald’s CEO says Chicago needs to ‘face facts’ about problems, Mayor Lightfoot says he should ‘educate himself’ before speaking

CHICAGO — Mayor Lori Lightfoot fired back Wednesday at McDonald’s CEO Chris Kempczinski after he raised concerns about crime in Chicago, and she defended the city’s economic outlook.

Chicago Tribune

East Carolina vs Campbell Prediction, Game Preview

East Carolina vs Campbell game preview, prediction, and breakdown for the Week 3 game on Saturday, September 17

USA Today Sports Media Group

McDonald’s plans to expand Chicago HQ, but CEO says city needs to ‘face facts’ about downtown business climate

McDonald’s CEO Chris Kempczinski raised concerns about the effects of crime on doing business in Chicago, even as the company announced plans to bring more of its suburban employees downtown.

Chicago Tribune

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Google will be new occupant of Chicago's iconic, controversial James R. Thompson Center

CHICAGO — Google has agreed to buy the soon-to-be-renovated James R. Thompson Center in heart of the Loop, a victory for Chicago’s central business district and for Illinois Gov. J.B. Pritzker as he seeks reelection and fends off criticism over recent high-profile corporate departures.

Chicago Tribune

Ken Griffin’s Citadel plans to open a Palm Beach office as part of Florida move

Ken Griffin’s Citadel plans to open a Palm Beach office, taking over the former Neiman Marcus department store building on the Florida town’s main shopping street.

Tribune News Service

Griffin blows nearly $418 per vote for Irvin’s doomed campaign for governor — worst political investment in Illinois history

Richard Uihlein, another billionaire GOP megadonor, saw much better returns for his buy-in to state Sen. Darren Bailey’s winning campaign, at a rate of about $38 per vote.

Chicago Sun-Times

Whiffin’ with Griffin? Departing hedge-fund billionaire 0 for 4 in Tuesday’s contested GOP primary races

It’s unclear if Griffin will continue his heavy spending in Illinois politics after he and his Citadel hedge fund have packed up and left for Miami. But what was obvious was that his latest big bet on elections in this state was a big failure, up and down the ballot.

Chicago Sun-Times

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Citadel Founder Ken Griffin-Backed Candidate Loses Republican Primary In Illinois Governor Race

Citadel Securities founder Ken Griffin's $50 million bet on a candidate in the Republican gubernatorial primary in Illinois has not paid off.

Benzinga

Abortion ruling figures in new pitch for Chicago jobs

A letter from World Business Chicago, signed by Mayor Lori Lightfoot and other civic leaders, urges Fortune 500 companies to invest here because local laws respect worker diversity and impose fewer limits on abortions.

Chicago Sun-Times

Broker Quantfury Makes Money For Users, Builds 'Hedge Fund For The Masses'

Benzinga, a media and data provider bridging the gap between retail and institutional investors, will be bringing back its annual Global Fintech Awards event to New York City on Dec. 8.

Benzinga

Work from anywhere? CEOs like the option too

Ken Griffin’s exit from Chicago had to do with crime, but many more factors are at play in the spate of corporate decisions about where to set up shop.

Chicago Sun-Times

Some of the country's richest people try to influence the Illinois race for governor

Democrat and billionaire Gov. JB Pritzker is not only funding his own campaign but also running ads for GOP frontrunner Darren Bailey. Billionaire Ken Griffin is funding Republican Richard Irvin.

WEKU

Ohio State basketball team adds a transfer walk-on to the squad

The Ohio State basketball team added some depth with the addition of a walk-on forward. #GoBucks

USA Today Sports Media Group

New Congressional Report On GameStop Trading Frenzy Cites 'Troubling Business Practices, Inadequate Risk Management'

On Friday, the House Financial Services Committee released a report on the 2021 stock market drama surrounding Reddit’s WallStreetBets, the trading app Robinhood Markets Inc (NASDAQ: HOOD), trading firm Citadel Securities and high-flying stocks like GameStop Corp. (NYSE:

Benzinga

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Chicago Sun-Times

Going to Disney World: No sour grapes in billionaire Griffin’s exodus to Sunshine State as Illinois election clouds loom?

The announcement came rather awkwardly just five days ahead of the June 28 primary — a primary in which Griffin has contributed $53 million to the campaign of Aurora Mayor Richard Irvin, who is dropping in the polls.

Chicago Sun-Times

Griffin’s move to Florida only latest blow to local philanthropy

“Many of the major funders ... are checking out. And they’re in Florida. When they leave, their charitable dollars leave,” said a source close to the world of philanthropic and charitable giving in Chicago and Illinois.

Chicago Sun-Times

Afternoon Edition: June 23, 2022

Today’s update is a 5-minute read that will brief you on the day’s biggest stories.

Chicago Tribune

Ken Griffin moving hedge fund headquarters from Chicago to Miami

Billionaire hedge fund manager Ken Griffin is moving his company’s headquarters from Chicago to Miami.

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Benzinga

Citadel Moving Headquarters To Miami As Florida Captures 'New Moment In America'

On Thursday, Citadel announced it would move its headquarters from Chicago to Miami.

Chicago Sun-Times

Ken Griffin pulling Citadel out of Chicago

Making good on threats, the richest man in Illinois said he is taking his companies to Miami.

Tribune News Service

Griffin’s Citadel nears tipping point on Chicago exit over crime

Billionaire Ken Griffin is reaching a tipping point with Chicago, the home to his market maker and hedge fund business, as the city wrestles with rising crime.

Benzinga

Hedge Fund That Heavily Shorted GameStop Stock Is Winding Down For Good

Melvin Capital, the hedge fund at the center of the GameStop Corporation (NYSE: GME) short squeeze saga, will shut down, Reuters reported on Wednesday.

Benzinga

Did Citadel Just Troll AMC? Here's What Some Apes Have To Say

The beef between Citadel and the AMC Entertainment Holdings Inc (NYSE: AMC) apes is bananas.

Benzinga

BlackRock And Citadel Deny Role In Terra's UST Collapse

BlackRock, Inc.

Chicago Sun-Times

Billionaire laments Chicago violence, donates $25 million to train leaders of police departments here and across country

Ken Griffin, founder of Citadel, and businessman Michael Sacks gave seed money for two academies at the University of Chicago to train police leaders and people who run violence interruption groups.

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