Fitch's top sovereign analyst warned that a significant erosion of the Federal Reserve's independence would negatively impact the US credit rating. The primary concern is any indication that the dollar's global reserve currency status could diminish, following an investigation into Fed Chair Jerome Powell.
Sebi Chairman Tuhin Kanta Pandey emphasized the need for issuers to clearly disclose their capital structure, including past fundraising and control changes, before an IPO. He also called for greater business model clarity, transparent revenue/cost drivers, and independent verification of projections, citing concerns about due diligence and unlisted share valuations.
The Lincolnwood Town Center mall, an economic beacon in Lincolnwood for some 35 years, has been sold and village officials are looking to partner with the new owners to resuscitate the shopping center and reimagine its future. In a news release posted on the village website, officials announced being notified Dec. 19 that the mall, […]
The Chicago Plan Commission on Thursday approved a plan to transform the northern half of the former Lincoln Yards development site into a mixed-use community with more than 3,000 residences, new riverfront parks and a central plaza open to all neighborhood residents.
