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Crain's Daily Gist

Crain's Chicago Businesswww.chicagobusiness.com
Get a head start on your workday with the stories that matter most. Listen to our roundup of essential Chicago headlines and analysis from Crain’s reporters and host Amy Guth.
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Episodes

11/09/23: National Association of Realtors besieged within and without

Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market, including lawsuits and a new CEO for the embattled NAR, and a look inside a few local time capsule homes. Plus: Effort to raise tax on high-end property sales will go to Chicago voters, Rivian ends exclusive deal to supply Amazon vans while upping production forecast, United Airlines expects record Thanksgiving travel and Chicago has a new three-star Michelin restaurant. Host...

Nov 08, 202336 minEp. 964

11/08/23: Restaurants already tightening belts ahead of tipped wage bump

Crain's restaurants reporter Ally Marotti talks with host Amy Guth about how local restaurants are preparing for the tipped wage increase. Plus: Motorola's stock tops $300 for the first time, Mondelez will raise prices next year on some products, gun rights groups to seek Supreme Court ruling on assault weapons ban, and WeWork goes bankrupt and signs pact with creditors to cut debt. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use...

Nov 07, 202320 minEp. 963

11/07/23: Migrants' shelter problems could soon worsen

Crain's health care reporter Katherine Davis talks with host Amy Guth about a potential public health crisis brewing as asylum seekers winter looms for asylum seekers. Plus: Ald. Carlos Ramirez-Rosa resigns from City Council leadership roles, the city plans (again) to put O'Hare concession contracts out for bid, 1.2 million Cook County Health patients' data may be compromised and Chicago gets $336 million loan from EPA to replace lead pipes. Hosted by Simplecast, an AdsWizz company. See https://...

Nov 06, 202320 minEp. 962

11/06/23: Chicago about to expand PTO requirements for employers

Crain's politics reporter Justin Laurence talks with host Amy Guth about a proposal requiring all employers in Chicago to provide 10 paid days off for employees starting next year that has been set up for a final City Council vote. Plus: Howard Brown workers plan to strike for second time in less than a year, Walgreens slashing bonuses amid cost cuts, Baxter reveals outlook after dramatic restructure and Illinois Institute of Technology is opening a life-sciences lab in Fulton Market. Hosted by ...

Nov 03, 202330 minEp. 961

11/02/23: There's a catch behind Chicago's home-price hot streak

Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market including how Chicago has hit its fourth month of having the fastest-growing home prices in the U.S. Plus: 14-story Fulton Market hotel proposed; ADM, Deere and others push Yellen to act fast on green jet fuel tax policy; WeWork reportedly plans to file for bankruptcy; and a jury finds realtors and big brokerages colluded on commissions. Hosted by Simplecast, an AdsWizz compan...

Nov 01, 202335 minEp. 960

11/01/23: A suburban property-tax jolt

Crain’s politics reporter Leigh Giangreco talks with host Amy Guth about Cook County residential property taxes in the northern suburbs, which are going up by 15.7%. Plus: Northwestern's stadium proposal narrowly survives first Evanston City Council vote, GE HealthCare stock up after beating investor estimates, McDonald's tops estimates on higher prices as U.S. visits dip and Field Museum receives $20 million gift for education initiatives. Hosted by Simplecast, an AdsWizz company. See https://p...

Oct 31, 202318 minEp. 959

10/31/23: What's in store for Chicago's biggest health provider

Crain’s health care reporter Katherine Davis talks with host Amy Guth about industry news, including how Advocate’s new Illinois chief plans to navigate the company’s post-merger realities. Plus: 'Mansion tax' proposal heads for a City Council vote, Illinois a big winner in tentative agreements between UAW and the Detroit Three, warehouse development keeps outpacing demand and Northwestern faculty question university over Ryan Field rebuild financing. Hosted by Simplecast, an AdsWizz company. Se...

Oct 30, 202330 minEp. 958

10/30/23: What separates Chicago's most innovative companies from the rest

Crain's reporter John Pletz talks with host Amy Guth about Crain’s 2023 list of Chicago’s Most Innovative Companies. Plus: Ford deal a "stunning victory" for union, Chicago renews shelter contract with Favorite Healthcare Staffing, California firm buys shopping centers near Midway Airport and United and Delta CEOs warn proposed legislation would doom airline loyalty programs. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of per...

Oct 27, 202329 minEp. 957

10/26/23: Home sale volume hasn't been this low in a decade

Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market, including the number of home sales here reaching its lowest point since 2012. Plus: Amazon injuries more widespread than thought, UIC study says; American Airlines will dial up at O'Hare; Morningstar reportedly settles SEC complaints over commercial loan data; and MacKenzie Scott breaks donation record at another Chicago nonprofit. Hosted by Simplecast, an AdsWizz company. Se...

Oct 25, 202341 minEp. 956

10/25/23: A public health crisis boils over

Crain’s contributor Jon Asplund talks with host Amy Guth about the youth mental health crisis in Chicago and beyond that has outgrown the abilities of psychiatrists and therapists to treat by themselves. Plus: Illinois Tool Works says UAW strike could shrink profits this year, Gov. J.B. Pritzker and California Gov. Gavin Newsom juice President Joe Biden's campaign fundraising efforts, big Mag Mile hotel hits the market and why Ulta Beauty is testing in-store sampling machines Hosted by Simplecas...

Oct 24, 202324 minEp. 955

10/24/23: Johnson and CPD union make peace

Mayor Johnson and the city's largest police union reached a tentative contract deal. Crain’s politics reporter Justin Laurence and host Amy Guth discuss details of the deal and its potential impact on the city’s proposed $16.6 billion budget. Plus: Ford, GM earnings will give an early look at UAW strike's toll; U of C and U of I in the running for millions from feds for advanced tech research; Gibsons in Fulton Market is finally a go; and developer set to begin 72-story apartment tower on Chicag...

Oct 23, 202323 minEp. 954

10/23/23: CTA predicts a slow ridership comeback

Crain’s politics reporter Leigh Giangreco talks with host Amy Guth about the CTA's $2 billion budget for 2024 as it holds off on adding service. Plus: United expands focus to economy class; Ferrara Candy is buying Jelly Belly; Chicago wins Fitch upgrade on better economy, moderating debt; and just a fraction of craft cannabis growers operational in Illinois, despite dedicated fund. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use ...

Oct 20, 202321 minEp. 953

10/19/23: A possible seismic shift in how people buy homes

Crain's residential real estate reporter Dennis Rodkin talks with host Amy Guth about news around the market, including how inventory of homes for sale has dropped the most in Chicago among big cities and how big brokerages may upend the century-old way we buy homes. Plus: United stock sinks as war and costs drive "bleak" profit outlook, former Deputy Mayor Samir Mayekar picked to lead Polsky Center at University of Chicago, judge tells prosecutors to give Outcome Health co-founder Rishi Shah $8...

Oct 18, 202344 minEp. 952

10/18/23: Johnson's mental health care plan emerges

Crain’s health care reporter Katherine Davis talks with host Amy Guth about Mayor Johnson's plans for the “Treatment Not Trauma” program. Plus: Johnson sending delegation to Texas border as city reups contract to scout sites for housing asylum seekers sent to Chicago, Walgreens pharmacy staff reportedly planning nationwide walkout, former mayor Lori Lightfoot joins board of national LGBTQ+ PAC and more than half of Water Tower Place mall could ditch retail. Hosted by Simplecast, an AdsWizz compa...

Oct 17, 202323 minEp. 951

10/17/23: Breaking down Johnson's proposed budget

Crain’s politics reporter Justin Laurence talks with host Amy Guth about Mayor Brandon Johnson’s newly released budget and the city’s plan to fill a $538 million budget gap. Plus: Survey indicates health system exec pay outpaces other hospital leadership roles, Gov. Pritzker releases 2022 tax information, WeWork makes interim CEO permanent to lead turnaround effort and advocates push for guns to be taken from alleged domestic abusers when an order of protection is served. Hosted by Simplecast, a...

Oct 16, 202321 minEp. 950

10/16/23: Walgreens' plan to correct course

Crain’s health care reporter Katherine Davis talks with host Amy Guth about Walgreens' new CEO and $1 billion cost-cutting plan. Plus: Illinois a centerpiece in $1 billion hydrogen hub project, California preparing lawsuit to block merger of Mariano's and Jewel parent companies, Johnson budget raises concern over fate of LaSalle Street plan and professional cricket has come to the U.S., and Chicago is primed to host a team. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com fo...

Oct 13, 202324 minEp. 949

10/12/23: Mortgage-rate angst hangs over housing market

Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market, including an index that suggests mortgage rates are worrying homebuyers more than prices. Plus: Mayor Johnson proposes $16.6 billion Chicago budget without major tax hikes; Walgreens names health care vet as next CEO; NASCAR, city still negotiating second street race deal; and newly open Guinness brewery in Fulton Market up for sale Hosted by Simplecast, an AdsWizz company. S...

Oct 11, 202338 minEp. 948

10/11/23: A vital turnaround for O'Hare

Crain’s aviation reporter John Pletz talks with host Amy Guth about how international travel is leading O’Hare's pandemic recovery. Plus: Walgreens pharmacy staff walk off the job at some stores, fertilizer stocks jump with Israel conflict stoking supply concerns, nurses unions push for mandatory staff-to-patient ratios and Northwestern's Kellogg gets $25 million in memory of Sam Zell. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and ...

Oct 10, 202325 minEp. 947

10/10/23: Slow end for the sub-minimum wage

Crain’s politics reporter Justin Laurence talks with host Amy Guth about how tipped workers in Chicago will see their base wage increase over the next five years to match the city’s minimum wage. Plus: Report shows first month's haul for Bally's temporary Chicago casino; United, American and Delta cancel Israeli flights after war breaks out; Amgen completes Horizon takeover; and office shedding pushes downtown vacancy rate to another record high. Hosted by Simplecast, an AdsWizz company. See htt...

Oct 09, 202324 minEp. 946

10/09/23: Chicago theaters looking for a lifeline

Crain’s reporter Brandon Dupré talks with host Amy Guth about how struggling Chicago theaters have made an 'unprecedented' request for more city funding. Plus: Ex-Northwestern coach Pat Fitzgerald files lawsuit against the university, denying hazing allegations; Cook County Health spending expected to rise next year; Rivian sinks after EV maker plans $1.5 billion in convertible debt; and new public-private partnership looks to spur Midwestern climate investment. Hosted by Simplecast, an AdsWizz ...

Oct 06, 202325 minEp. 945

10/05/23: Effects of Ford strike will reach far

Crain’s manufacturing reporter John Pletz talks with host Amy Guth about the significance of the UAW strike hitting Ford’s plant on the South Side. Plus: Kellogg's split is official, with snack business Kellanova now based in Chicago; United raises its own bet by ordering more planes from Boeing and Airbus; Invenergy inks massive HQ expansion on Wacker Drive; and video slot machines spur gambling revenue windfall for Illinois. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com...

Oct 04, 202326 minEp. 944

10/04/23: Origin of another Art Institute piece in question

Crain’s nonprofits reporter Brandon Dupré talks with host Amy Guth about how the Art Institute is once again under fire over the disputed ownership of an art piece. Plus: Wells Fargo plans major retail push in Chicago, investors say severe crash is coming for U.S. office properties, Oakbrook Center owner gets big windfall from new mortgage and Ald. Ray Lopez launches a congressional campaign against Chuy Garcia. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for informatio...

Oct 03, 202325 minEp. 943

10/03/23: Duly cuts staff amid heavy financial strain

Crain's health care reporter Katherine Davis talks with host Amy Guth about layoffs and other cutbacks that follow an executive shakeup at the debt-heavy physicians group Duly Health. Plus: Discover reaches consent agreement with FDIC, United Airlines starts program to woo pilots leaving military, Chicago firm Cresa acquires Detroit brokerage and restaurant-industry vets raising $100 million venture fund. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about...

Oct 02, 202323 minEp. 942

10/02/23: Microdistillery digs in closer to Chicago

ourneyman Distillery is expanding beyond its home in Three Oaks, Mich., to open a $40 million facility in Valparaiso, Ind., Crain’s restaurants reporter Ally Marotti discusses with host Amy Guth. Plus: SEC charges Exelon, former ComEd CEO Anne Pramaggiore with fraud; McDonald's resists EU push to mandate reusable packaging; Ford's Chicago assembly plant hit in next wave of UAW strike; and Signature Room in Hancock tower closes. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.co...

Sep 29, 202321 minEp. 941

09/28/23: Chicago flexing some home-price muscle

Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about how Chicago’s home price growth is top among major U.S. cities for the third month in a row and prices here are growing at twice the speed of the nation's. Plus: Landlord putting $50 million into Wacker Drive and Loop offices; Trump found liable for fraud in New York attorney general's case, and the former president’s Chicago skyscraper plays a role; Ryan family buys into European soccer venture; and why green ...

Sep 27, 202348 minEp. 940

09/27/23: Mary Dillon struggles at Foot Locker

Crain’s retail reporter Ally Marotti talks with host Amy Guth about CEO Mary Dillon’s leap from Ulta to Foot Locker. Plus: Chicago Fed chair says U.S. economy can avoid a recession, but risks remain; Instant Pot and Pyrex maker draws interest from Citadel and Centre Lane; Coyote cuts jobs, names new CEO; and veteran tech entrepreneur Chris Gladwin succeeds Penny Pritzker as P33 chair. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and u...

Sep 26, 202318 minEp. 939

09/26/23: Historic South Side church faces uncertain fate

Crain’s reporter Corli Jay talks with host Amy Guth about the questions surrounding a Bronzeville church that’s up for sale after neighbors and preservationists lobbied to landmark it. Plus: Snelling sails to CPD chief confirmation hearing with committee approval, SEC says Citadel Securities broke short-sale labeling rules, Walgreens sued by ex-CEO for $200 million over "smart doors" contract and Old Town shopping center sold to Florida investor. Hosted by Simplecast, an AdsWizz company. See htt...

Sep 25, 202320 minEp. 938

09/25/23: Why Illinois' insurance rate hikes are so odd

Longtime insurance industry reporter Steve Daniels talks with host Amy Guth about how some Illinois policyholders are seeing property insurance rate hikes that rival those in more disaster-prone states. Plus: Hundreds of Chicago-area GM and Stellantis parts workers join UAW strike, McDonald's is raising fees for some franchisees for the first time in about 30 years, United is latest to discover dubious parts in plane engines and Portillo's expansion plans just got even more aggressive. Hosted by...

Sep 22, 202329 minEp. 937

09/21/23: Staff revolt at realtors association

Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news around the market, including the National Association of Realtors staff calling for an ouster of its CEO and other execs. Plus: Lender seizing Palmer House retail space, Illinois police pension fund plans to start investing in loans and private credit, lab-grown meat plant coming to redeveloped former Allstate campus and Brookfield Zoo lands a record donation. Hosted by Simplecast, an AdsWizz company. See ...

Sep 20, 202344 minEp. 936

09/20/23: Walgreens health expansion sputtering

Crain’s health care reporter Katherine Davis talks with host Amy Guth about the future of Walgreens' health care push after the abrupt departure of Roz Brewer as CEO. Plus: UAW to unveil next wave of striking plants Friday, CEO is out at Cboe Global Markets, Illinois ranks in the top 10 for clean-vehicle jobs and warrant issued to seize an allegedly stolen drawing at the Art Institute. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and ...

Sep 19, 202321 minEp. 935
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