The May Report: 4/30/2010: ITA CityLIGHTS Awards go to Jack Noonan, Brian Gemache [sic: Gamache], Grubhub.com, TickIt Trading Systems, Stuart Scholly, and Redbox Automated Retail, LLC. Groupon lost out to Redbox; TBIF has five new board members; BIO start

The May Report: 4/29/2010: Just the facts: ITA chairman Terry Howerton is now individually sitting with multiple judgments against him totaling more than $2.5MM since February and March 2010 and creditor actions to seize assets by Orbitz, LLC are imminent

The May Report: 4/29/2010: How to build Billion dollar industries in Chicago: A Cluster of Innovation: How Chicago’s Trading Community Remade Global Market Making; IPRO awards; Final Call for entries for MIT-EF’s White Board Challenge

The May Report: 4/29/2010: A reader just called at 7:10pm. Howerton also owes the IRS more than $200K in payroll taxes. Stay tuned for further updates.

The May Report: 4/28/2010: Madison-based Cellular Dynamics gets $40MM series B; Warrenville-based Coskata raises undisclosed about from French firm Total; Tarkus Murphy on the Information Superglacier; Eric Olson makes Crain’s 40 under 40; Frank Gruber bu

The May Report: 4/23/2010: Granite Hall Partners, a Chicago-based fund-of-funds, defaulted on a $15 million commitment to TPG Capital in the middle of last year; Some stats on mobile apps and users; “Can honour set-to a leg? No. Or an arm? No. Or take awa

The May Report: 4/22/2010: MIT-EF panelist Tony Kolton, just in from central casting at The Sopranos, provides some welcome comic relief to an otherwise dull discussion of Local Innovation Systems, aka clusters, in this case the trading industry; Ever fri

The May Report: 4/19/2010: I don’t know how I missed this, but Eric Olson, you’ve been overserved: Tech Cocktail co-founder shown the door — even if he showed himself the door; What’s next for the now unemployable unemployed?; Forensicon hits ten years;

The May Report: 4/14/2010: Schaumburg-based Sagent Pharma closes Series B round for $40MM; Did the State of Michigan steal Illinois’s ham sandwich by sponsoring a Tech Cocktail event in Detroit?; Don Frey, the designer of the Mustang, dead at 86; Debauche

The May Report: 4/7/2010: Bulletin: Chicago-based YCharts Online Investment Research Attracts Series A Funding From Broad Venture Capital Mix: Hyde Park Angels, I2A, and Amicus Capital