Latest news with #workinggroup
Bloomberg
12-05-2025
- Business
- Bloomberg
Chicago Taps Loop Capital Founder to Fix $1 Billion Budget Hole
Loop Capital founder Jim Reynolds will co-lead a working group established by Chicago Mayor Brandon Johnson to find ways for the city to close its deficits that are projected to top $1 billion in each of the next two years. Reynolds, who began his muni career as a short-term bond trader in 1981 and founded Chicago-based Loop in 1997, will serve as co-chair of the group with Chicago Urban League Chief Executive Officer Karen Freeman-Wilson, the former mayor of Gary, Indiana. Johnson, who confirmed the appointments in an interview at City Hall, said the group will meet for the first time on Saturday. Reynolds and Freeman-Wilson didn't immediately respond to requests for comment on Monday.
Asharq Al-Awsat
09-05-2025
- Business
- Asharq Al-Awsat
UK, Switzerland Sign Agreement Aimed at Direct Rail Link
Britain and Switzerland signed an agreement aimed at establishing a direct rail link between London and Switzerland, a government statement said on Friday. The pair will set up a working group which will work out how to overcome the commercial, technical and security impediments to running services from Britain, through the Channel Tunnel, crossing France, and onto Switzerland. Passengers from London can travel to Europe on direct services to Paris, Brussels and Amsterdam currently.
