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SingleHop named Chicago’s fastest-growing firm by Inc. magazine

Chicago-based SingleHop Inc. is the fastest-growing Chicago-area business with three-year sales growth of 7,305 percent, according to Inc. magazine, which ranked the company No. 25 on its 2011 Inc. 500 list of fast-growing firms. SingleHop, a provider of dedicated servers and web hosting, was the top-ranked web hosting company on the list and the second-fastest growing IT services […]

Appeals court strikes down individual mandate in health care reform

An appeals court in Atlanta today ruled the “individual mandate” in the Patient Protection and Affordable Care Act is unconstitutional, while upholding the rest of the health care reform law passed last year. With today’s decision by the 11th Circuit Court of Appeals, observers expect the U.S. Supreme Court to hear the case next year. […]

High Growth Illinois aims to create jobs by helping businesses take off

Free business advisory services, educational programming and networking for high-growth companies will be available at the Illinois Small Business Development Center at Harper College in Palatine through a new program called High Growth Illinois. The program, which began providing counseling services last month and plans to roll out more offerings this fall, is targeted at companies […]

Lots of small fish add up to growing pool for Eventbrite

In five years, San Francisco-based Eventbrite has come to define online ticket sales for small events, a market overlooked by giant Ticketmaster. Last year, the company sold 11 million tickets to the tune of $207 million in annual revenue, the New York Times reports, and the company is targeting $400 million in ticket sales this year. The […]

Giordano’s franchisees sued as company seeks buyer

Giordano’s franchisees’ alleged decision to stop making royalty payments to the company and change the recipe of the famous Chicago-style pizza has drawn a lawsuit against them, according to a Wall Street Journal blogpost.  Most of the company’s 35 franchise owners have joined forces in a $30 million bid to buy the assets of the restaurant chain, […]