Crain's Chicago Business back issues from May 2008:
City plans downtown congestion fees.(Briefs)(Brief article)
May 05, 2008 ... Armed with a $153-million federal grant, Chicago officials unveiled a plan to unclog Loop streets by penalizing downtown drivers and rewarding public-transit users. The money would establish a pilot network of express bus routes and set up a peak-period pricing system for street, city and ...
LEASING MIDWAY; Look for higher parking fees, more retail under private airport operator.(News)
May 05, 2008; ... Byline: PAUL MERRION A few years from now, walking into Midway Airport might seem more like entering an upscale shopping mall. Need a massage or a manicure while you wait for your plane? No problem. You'll probably have the option of valet parking, too, ...
Crain's Picks.(Business of Life)(Directory)
May 05, 2008; ... Byline: Crystal Yednak THEATER "Durango'' 77 W. Washington St. (866) 811-4111 www.srtp.org 7:30 p.m. Thursday; 8 p.m. Friday; 4 p.m., 8 p.m. Saturday; 4 p.m. Sunday Tickets: $28-$32 A road trip to ...
He's back; EXILED EX-CTA BOSS KRUESI RETURNS TO THE MAYOR'S INNER CIRCLE.(News)
May 05, 2008; ... Byline: Greg Hinz It's easy to understand why, after 19 years as mayor, Richard M. Daley would want to see a familiar face when he shows up at the office in the morning. Mr. Daley's management style is one of creative tension on steroids. It's aide against aide and ...
Brenda Barnes; CHAIRMAN AND CEO, SARA LEE CORP.(Focus: Women to Watch)(Brief article)
May 05, 2008; ... Byline: David Sterrett After two years of slimming down Sara Lee Corp., Brenda Barnes must now show Wall Street she can do the one thing that will keep the company viable: bulk up profits. Since taking over in February 2005, Ms. Barnes has sold or spun off 40% of ...
Irene Rosenfeld; Chairman and CEO, Kraft Foods Inc.(Focus: Women to Watch)(Brief article)
May 05, 2008; ... Byline: David Sterrett Everyone's been watching Irene Rosenfeld since she took over as CEO of Kraft Foods Inc. two years ago. But the scrutiny is intensifying as she enters the second year of a three-year plan to boost sales of well-known brands such as Oscar Mayer, Oreo and ...
Wendy Turner; VICE-PRESIDENT AND GENERAL MANAGER, VOCALO.ORG.(Focus: Women to Watch)
May 05, 2008 ... Byline: Kevin McKeough In a production studio at Chicago Public Radio's Navy Pier headquarters, Wendy Turner wraps up a meeting with the staff of Vocalo.org, a crew of mostly twentysomethings dressed in hooded sweatshirts and rumpled sweaters. "Thanks to everyone who ...
Ditka's steakhouse always plays big; Simple dishes stack up strong; QB-sized meals.(Business of Life)
May 05, 2008; ... Byline: ALISON NEUMER LARA Ditka's calling cards are unpretentious food and big portions, as well as the presence of da coach himself, of course. There's plenty of Bears and football memorabilia to span the dining room, tavern area and upstairs private rooms, but this ...
The Oracle's endgame; Wrigley investment isn't what many call a classic Buffett play.(News)
May 05, 2008 ... Byline: ANN SAPHIR In some ways, Warren Buffett's deal with Mars Inc. to buy Wm. Wrigley Jr. Co. resembles some of the Oracle of Omaha's most successful investments: a strong brand name in consumer products. Think Coca-Cola Co. But the Wrigley acquisition departs ...
Rachel Bronson; Vice-president of programs and studies, Chicago Council on Global Affairs.(Focus: Women to Watch)
May 05, 2008; ... Byline: Samantha Stainburn You know you're worth watching when you've appeared on "The Daily Show with Jon Stewart.'' In April 2005, "Daily Show'' correspondent Ed Helms visited Rachel Bronson, then director of Middle East Studies at the Council on Foreign Relations in New ...
Bad-loan bug bites mid-tier banks; More pain, tighter lending standards ahead, CEOs say.(News)
May 05, 2008; ... Byline: STEVE DANIELS The credit maelstrom that engulfed the nation's largest banks and brokerages is barreling into the mid-sized commercial banks that form the bedrock of Chicago's financial-services industry. The fallout is pinching some commercial borrowers, who ...
PAIN AHEAD AS PROFIT PRESSURE INCREASES; A Conversation with Money Manager David Klaskin.(Markets)(Interview)
May 05, 2008; ... Byline: Daniel Rome Levine David Klaskin, 47, chairman and chief investment officer, Oak Ridge Investments LLC, Chicago Experience: 26 years Assets under management: $3.9 billion CRAIN'S: What's your outlook for the economy and corporate ...
GOLDEN YEARS, INTERRUPTED; Brookdale's shares tumble as housing slump forestalls seniors' retirement plans.(Markets)(Brookdale Senior Living Inc.)
May 05, 2008; ... Byline: MIKE COLIAS Investors are applying a senior citizens' discount to Brookdale Senior Living Inc. Shares of Chicago-based Brookdale have sunk 40% over the past 12 months as the housing slump stoked concern over the company's ability to populate its retirement ...
Zell pitches an August sale of Cubs; A late-season pennant run would boost the team's price.(News)
May 05, 2008; ... Byline: MIKE COLIAS AND ANN SAPHIR Sam Zell has set a fresh deadline of late August to sell the Chicago Cubs-a time frame that could strengthen his hand if the North Siders emerge as late-season playoff contenders. The Tribune CEO told about 100 employees during an ...
Grace Puma; Senior vice-presidents of strategic sourcing, United Airlines.(Focus: Women to Watch)(Brief article)
May 05, 2008; ... Byline: John Rosenthal Grace Puma isn't kidding when she says she loves her job: "I couldn't live without working.'' That's even more surprising when you realize her job is procurement, the far-from-exotic task of purchasing all of a company's goods and services-a ...
Ann Alexander; SENIOR ATTORNEY, NATURAL RESOURCES DEFENSE COUNCIL.(Focus: Women to Watch)
May 05, 2008; ... Byline: Emily Stone Eleven years ago, Ann Alexander was kayaking in Alaska in a bay that didn't exist 40 years before. Rapidly retreating glaciers opened up the waters below, leaving behind a sculpture garden of icebergs lit by the golden-red glow of the midnight sun. ...
Diana Sands; VICE-PRESIDENT OF INVESTOR RELATIONS, BOEING CO.(Focus: Women to Watch)
May 05, 2008; ... Byline: John Rosenthal When Diana Sands took over as Boeing's vice-president of investor relations in January, she figured she was being groomed for higher office. Her job, explaining the company's performance to institutional investors and securities analysts, is one of the ...
Bumpy ride ahead for United; With no merger on radar, can Tilton steer clear of turbulence?(News)
May 05, 2008 ... Byline: JOHN PLETZ United Airlines' best hope for the future flew out the window last week when Continental Airlines Inc. walked away from merger talks. Now the choices facing United CEO Glenn Tilton boil down to hashing out a less-desirable merger with US Airways ...
Anita Alvarez; DEMOCRATIC NOMINEE, COOK COUNTY STATE'S ATTORNEY.(Focus: Women to Watch)(Occupation overview)(Brief article)
May 05, 2008; ... Byline: Greg Hinz Yes, she's a self-declared "hockey mom'' who's-yawn-struggling to balance family and career and has taken to wearing a lot of red power suits lately. She's also a political novice who made history Feb. 5 by beating five men to become the first woman ...
Info Junkie.(TicketsNow Inc)(Brief article)
May 05, 2008; ... Byline: Laura Bianchi On her elliptical machine at home in Arlington Heights, Cheryl Rosner fires up the iPod with the Killers, Red Hot Chili Peppers and Panic at the Disco. The president and CEO of TicketsNow Inc., Ms. Rosner recently Googled information on REM's new CD, ...
Sophia Siskel; CEO, CHICAGO BOTANIC GARDEN.(Focus: Women to Watch)(Occupation overview)
May 05, 2008; ... Byline: Christina Le Beau Barbara Whitney Carr and Sophia Siskel tell slightly different stories about their first meeting in June 2005. But they agree that at some point, Ms. Siskel told Ms. Carr, then CEO of the Chicago Botanic Garden, she wanted her job. "I'd ...
For Hartmarx, a retail redux; Newly upscale clothier plans Hickey Freeman, Hart Schaffner locations.(News)
May 05, 2008; ... Byline: H. LEE MURPHY After closing the last of its stores in the mid-1990s, Hartmarx Corp. is now testing the retail waters again. The clothing maker has opened three upscale Hickey Freeman stores in New York and one in San Francisco, along with Bobby Jones ...
Centrue sets down new roots in St. Louis; Bank looks to expand in exurbs of Chicago.(News)(Centrue Financial Corp.)(Brief article)
May 05, 2008 ... Byline: H. LEE MURPHY In search of higher-growth markets, Centrue Financial Corp. has moved its headquarters from Ottawa to suburban St. Louis. Thomas A. Daiber, president and CEO of Centrue, pieced the company together in late 2006 through the marriage of Kankakee ...
Anne Pramaggiore; EXECUTIVE VICE-PRESIDENT OF CUSTOMER OPERATIONS AND REGULATORY AND EXTERNAL AFFAIRS, COMMONWEALTH EDISON CO.(Focus: Women to Watch)(Occupation overview)
May 05, 2008; ... Byline: Steve Daniels As a high schooler in Dayton, Ohio, Anne Pramaggiore specialized in an obscure track and field event: race walking. She endured plenty of teasing from her classmates for the arm-swinging, jerky hip motion that had gotten her around the track fast enough to ...
Juicy Feud; Deal caps years of rancor in Wrigley gum dynasty.(News)
May 05, 2008; ... Byline: DAVID STERRETT The proposed sale of Wm. Wrigley Jr. Co. would end 117 years of independence for the Chicago-based gum maker but could liberate the fractious Wrigley clan from intra-family tensions that have simmered for nearly a decade. Those tensions emerged ...
Patricia Hemingway Hall; PRESIDENT, CHIEF OPERATING OFFICER, HEALTH CARE SERVICE CORP.(Focus: Women to Watch)(Occupation overview)
May 05, 2008; ... Byline: Mike Colias While working for Blue Cross in Texas in the mid-'90s, Patricia Hemingway Hall would drive 60 miles from her Dallas office to meet in a motel conference room to haggle over reimbursement rates with an executive from a small rural hospital. "Pat ...
Vicki Avril; SENIOR VICE-PRESIDENT OF TUBULAR DIVISION, IPSCO INC.(Focus: Women to Watch)(Occupation overview)(Brief article)
May 05, 2008; ... Byline: Miriam Gottfried As a high school sophomore, Vicki Avril showed up at golf team practice. It wasn't to watch. "I'm here to try out,'' she told the coach. He said it was a boys' team and refused to let her take a swing. When she complained to school ...
Wrigley's a rich meal for Mars; Keys to avoiding a case of indigestion: better distribution, innovation.(News)
May 05, 2008 ... Byline: STEVEN R. STRAHLER The selling price of Wm. Wrigley Jr. Co. far exceeds the industry norm, putting buyer Mars Inc. in a sticky situation as it tries to make the deal pay off. Mars last week offered $23 billion, or $80 per share, for Wrigley, 4.3 times the gum ...
Hastily enacted regulation will not cure economic crisis.(Opinion)
May 05, 2008 ... Byline: Stephen P. D'Arcy The United States is experiencing the greatest financial crisis of a generation. Home foreclosures are skyrocketing, credit is restricted, financial institutions cannot value some investments and the dollar is tumbling. Policymakers are looking for ways ...
Michelle Obama; Potential First Lady, Vice-president for community and external affairs, University of Chicago Hospitals (on leave).(Focus: Women to Watch)(Occupation overview)
May 05, 2008; ... Byline: Sarah A. Klein If Barack Obama wins the presidential election in November, his wife, Michelle, will gain a soapbox the size of which is hard to fathom. The mystery is what the South Side native will do with it. If her past is any indication, Ms. Obama, 44, ...
PDAs are great - as long as you can find them.(Business of Life)(Personal digital assistants)(Brief article)
May 05, 2008; ... Byline: Jennifer Olvera It's enough of a hassle to lose a cell phone or BlackBerry loaded with contacts just once. But some tech users make a habit of bobbling their devices. Allan Platt, 42, a partner at West Loop-based innovations consulting company Clareo Partners ...
Julie Holzrichter; MANAGING DIRECTOR OF OPERATIONS, CME GROUP INC.(Focus: Women to Watch)(Occupation overview)
May 05, 2008; ... Byline: Ann Saphir In December, Julie Holzrichter stood on the floor of the Chicago Board of Trade as burly Treasury futures traders jostled for spots in a brand-new trading pit. CME Group Inc., which bought the CBOT in July, had bumped 250 CBOT traders out of their ...
Sandi Jackson; ALDERMAN, 7TH WARD, CITY OF CHICAGO.(Focus: Women to Watch)(Occupation overview)(Brief article)
May 05, 2008; ... Byline: Sarah A. Klein When Sandi Jackson arrived at the Cook County Building to declare her candidacy for alderman in December 2006, she and her husband, U.S. Rep. Jesse Jackson Jr., D-Chicago, were met by a horde of reporters. Ms. Jackson reflexively stepped behind him. ...
Destination: Door County, Wis.(Business of Life)
May 05, 2008; ... Byline: Anne Ford GET AWAY: In Door County, Wis., cherry trees conveniently blossom around Mother's Day, making a beautiful backdrop for a nature getaway. The blooms generally show up in the south first and work their way north at the rate of about 10 miles a day; in mid-May, ...
Opening & On Sale.(Business of Life)
May 05, 2008 ... Opening "Smart Home: Green and Wired" 57th Street and Lake Shore Drive (773) 684-1414 www.msichicago.org 9:30 a.m.-4 p.m. Thursday-Saturday; 11 a.m.-4 p.m. Sunday Tickets: $10 plus admission of $13 Tour the ...
Building Alexian Brothers' clinical reputation.(People)
May 05, 2008; ... Byline: Mike Colias Job: CEO, Alexian Brothers Medical Center in Elk Grove Village, since March 17. Vitals: 54 years old; bachelor of science degree in medical technology, Northeastern Illinois University, Chicago, 1975; MBA, Northern Illinois University, DeKalb, ...
Spa owner loses home in Harbor Country fire.(Business of Life)(Brief article)
May 05, 2008 ... A raging grass fire recently engulfed the Grand Beach, Mich., vacation home of Tiffani Kim and husband Brad Griffith, vice-chairman of the Chicago Board Options Exchange, destroying furniture, clothing and personal items. The couple was in Chicago when Michigan authorities ...
LETTERS: Don't recall governor; give voters better choice.(Opinion)
May 05, 2008 ... Greg Hinz is absolutely right in his evaluation of the recall bill pending in the state Legislature ("Recall a bad idea for a bad guv,'' ChicagoBusiness.com, April 16). I would just add two more points. First, there are times when a recall is justified, but this isn't one of ...
On the Move.(People)(ADVENTIST HINSDALE HOSPITAL)
May 05, 2008 ... ARCHITECTURE/ENGINEERING MAGNUSSON KLEMENCIC ASSOCIATES INC., Seattle: David E. Eckmann, 45, to senior vice-president, in Chicago, from vice-president and principal. FINANCIAL SERVICES AON CONSULTING, Chicago: Katie Bikulcius, 36, and Paul Hilling, 42, to ...
For The Record.(Cook County Administration Building )
May 05, 2008 ... The Chicago Children's Museum submitted a new design for its desired home in Grant Park in the latest attempt to satisfy opponents of the move. The plans reportedly further sinks the atrium entryway and place nearly the entire two-story, 100,000-square-foot museum underground. The Chicago ...
Daley's efforts to ease traffic woes fall short.(Brief article)
May 05, 2008 ... Mayor Daley's plan to reduce traffic congestion is well-intentioned, but we all know where good intentions can lead. We're all for faster commutes, fewer traffic jams and less pollution. But we're skeptical that the mayor's plan, as described last week, can achieve those goals. ...
Joffrey tiptoes into the future.(Business of Life)(Interview)
May 05, 2008 ... The Joffrey Ballet was founded by Gerald Arpino and the late Robert Joffrey in New York in 1956; the company relocated to Chicago in 1995. Its annual budget is about $13 million. New artistic director Ashley Weater (who danced with the Joffrey in the 1980s) is keeping a sharp eye on ...
Bringing a personal crusade to the office; Colleagues often tapped for support, but causes can be prickly; what if boss is asking?
May 05, 2008; ... Byline: LISA BERTAGNOLI When Andy Margolis wanted to raise money for Imerman Angels, a non-profit that supports cancer patients, he turned to a captive audience: his co-workers. "I would walk up to anybody and give them the elevator pitch,'' says Mr. Margolis, a ...
Gail Lissner; Vice-president, Appraisal Research Counselors.
May 05, 2008 ... Byline: Phuong Ly Gail Lissner's first real estate job was a disaster. In three months at a Chicago agency, she didn't make a single sale. It got so bad her supervisor insisted she keep her next client in the office until he signed a contract. She closed the deal but ...
Mona Clayton; PARTNER, INVESTIGATIONS AND FORENSIC SERVICES PRACTICE, PRICEWATERHOUSECOOPERS LLC.
May 05, 2008; ... Byline: Phuong Ly Much like the characters on "CSI,'' Mona Clayton has pulled information out of reluctant witnesses, tracked down missing documents and been the subject of surveillance herself. When she and her team of auditors were working in a conference room at a ...
Young-Kee Kim; Deputy director, Fermi National Accelerator Laboratory.(Focus: Women to Watch)
May 05, 2008; ... Byline: Phuong Ly As a child, Young-Kee Kim was shooed away from housework, even though her parents needed plenty of help on their apple farm in rural South Korea. Her mother, who had only an elementary school education, worried if Ms. Kim and her four sisters did too many ...
Karen Case; PRESIDENT OF COMMERCIAL REAL ESTATE LENDING, PRIVATEBANCORP INC.(Focus: Women to Watch)
May 05, 2008; ... Byline: Dee Gill After Bank of America Corp. announced plans to acquire LaSalle Bank last April, the phones in LaSalle's commercial real estate department started ringing. Karen Case, an executive vice-president in the department, ignored the recruiters' calls and ...
Janet Froetscher; CEO, United Way of Metropolitan Chicago.
May 05, 2008; ... Byline: Emily Stone Five years ago, Janet Froetscher spent her first weeks as CEO of Chicago's United Way asking staff, board members and donors what the non-profit's biggest needs were. They all said the same thing: merge the Chicago chapter with the 53 smaller suburban ones. ...
McD's coffee perks slowly; Sales of lattes, mochas are lukewarm in two early test markets.(News)
May 12, 2008 ... Byline: DAVID STERRETT Early sales figures for McDonald's Corp.'s new specialty coffees underscore the challenge the burger chain faces as it tries to compete with Starbucks. Sales remain tepid in two initial test markets-Michigan and Kansas City-even after months of ...
Downtown dead zone; Condo sales plummet to just 201 in 1st quarter, an 83% drop from '07.(News)
May 12, 2008; ... Byline: ALBY GALLUN Downtown condominium developers suffered their worst first quarter in at least a decade, selling just 201 units-an unwelcome trend as unsold condos start piling up. The total represents an 83% drop from first-quarter 2007, when downtown developers ...
For The Record.(Briefs)(Tony Rezko is charged for bribery)(Pepper Construction filed a foreclosure lawsuit against the Museum of Broadcast Communications)(Navistar division received a three-year U.S. Army contract )
May 12, 2008 ... Defense attorneys in political fundraiser Antoin "Tony'' Rezko's fraud trial rested their case without calling witnesses. Closing arguments were set for Monday. Mr. Rezko, 52, is charged with scheming with attorney Stuart P. Levine to split a $1.5-million bribe from a contractor who wanted ...
Walgreen's dealmaker; Ex-investment banker leads push in growing biz.(News)
May 12, 2008; ... Byline: MONEE FIELDS-WHITE Shortly after buying Medmark Inc. in August 2006, Walgreen Co. executives were pondering their next move when Stanley Blaylock-Medmark's former CEO and the new head of Walgreen's specialty pharmacy segment-pointed out an attractive target just down ...
Big-box gap on Mag Mile; Linens, CompUSA exits push vacancies to record.(News)
May 12, 2008; ... Byline: EDDIE BAEB There are more vacant storefronts around the Magnificent Mile than at any time in the past 16 years, a sign that even Chicago's premier shopping strip isn't immune to the forces buffeting the broader retail industry. And things are likely to get ...
Billionaire bash-but what's the occasion?(Business of Life)(Neil Bluhm)(Brief article)
May 12, 2008; ... Byline: Shia Kapos Chicago's glitterati are buzzing about an exclusive private party coming this weekend. Commercial real estate tycoon Neil Bluhm-he's the B in JMB Realty-has invited a few hundred friends to a celebration at the Pritzker Pavilion in Millennium Park ....
WIENER WARS; Sara Lee, Kraft fight for hot dog fans as grilling season opens.(News)
May 12, 2008; ... Byline: DAVID STERRETT As the unofficial start of the barbecue season approaches, Kraft Foods Inc. and Sara Lee Corp. are beefing up for a hot dog battle. Kraft's Oscar Mayer and Sara Lee's Ball Park are the top-selling brands in the $2-billion U.S. hot dog market ....
Now achieving grand-prize status: the gas card.(Business of Life)(Brief article)
May 12, 2008; ... Byline: Kevin Davis It may not sound like a glamorous grand prize, but free gasoline has become a hot currency. With fuel prices hitting all-time highs, companies are using gas gift cards to reward employees, attract customers and dangle as incentives for major ...
Federal Signal goes high-tech; Manufacturer acquires software firms; looks to unload firetruck unit.(News)
May 12, 2008 ... Byline: H. LEE MURPHY Federal Signal Corp., a century-old manufacturer of firetrucks, street sweepers and other products, is remaking itself, shifting from heavy metal to software. In the first quarter, Oak Brook-based Federal Signal sold the last unit in its tooling ...
The kiddie dollar; DADDY, PLEASE, PLEASE, PLEASE, PLEASE, PLEASE, PLEASE, CAN I HAVE THAT?(Focus: Small Business)
May 12, 2008; ... Byline: Thomas Mucha Some things are so true-and, upon brief reflection, so obvious-that, of course, they make a great business opportunity. Take the indisputable fact that parents love their children. As a result, they are naturally predisposed to part ...
Now more than ever, know what audience wants.(Viewpoint essay)
May 12, 2008; ... Byline: Rance Crain Rance Crain is president and editorial director of Crain Communications Inc. Jack Griffin, president of Meredith Publishing Group, kicked up a ruckus when he told attendees at a Folio magazine publishing industry conference, "We don't hire editors ...
WOERTZ'S WORRY; Ethanol's sudden fall from grace puts CEO's growth strategy at risk.(News)
May 12, 2008 ... Byline: PAUL MERRION AND BOB TITA Skyrocketing food prices are threatening Patricia Woertz's plan to recast grain processor Archer Daniels Midland Co. as the eco-friendly giant of green energy. ADM's CEO tied her growth strategy to corn-based ethanol, the alternative ...
Fee splitting; WINSTON, GUV'S CAMPAIGN FUND MAY PART OVER UNPAID BILLS.(News)
May 12, 2008 ... Byline: Greg Hinz It'll be at least a few days yet before the jury gets the case in the federal corruption trial of gubernatorial fundraiser Antoin "Tony'' Rezko. After some time off, all parties were due back in court Monday morning for motions, instructions and ...
On the Move.(People)(Larry J. Kallembach promoted to chief information officer in MB Financial Inc.)(Karl Frey and Eric Siegel joins Mesirow Financial Inc.)
May 12, 2008 ... EDUCATION CHICAGO THEOLOGICAL SEMINARY, Chicago: Alice Hunt, 49, to president, from associate dean of the divinity school at Vanderbilt University in Nashville, Tenn. FINANCIAL SERVICES MB FINANCIAL BANK, Rosemont: Larry J. Kallembach, 51, to executive ...
Destination: Denali National Park, Alaska.(Business of Life)
May 12, 2008 ... Byline: Lisa Bertagnoli GET AWAY: If you've already cruised Alaska's Inside Passage, return to see the state's magnificent interior. Denali National Park, 140 miles north of Anchorage, is home to Mount McKinley (also called Denali)-at 20,320 feet, North America's highest ...
Lincoln library event brings big-name cast.(Business of Life)(Conference news)
May 12, 2008 ... Byline: Mary Cameron Frey The Abraham Lincoln Presidential Library Foundation is a private, non-profit organization that supports the Abraham Lincoln Presidential Library and Museum. It encourages study of the 16th president by gathering materials about him and his era and ...
MB Financial loan losses disappoint; Acquisition grows firm's wealth management.(News)
May 12, 2008 ... Byline: H. LEE MURPHY With its commercial loan portfolio suddenly suffering, MB Financial Inc. is expanding into wealth management. On April 18, Chicago-based MB acquired an 80% stake in Loop money manager Cedar Hill Associates LLC, a firm with $960 million in assets ...