United Airlines is stoking fresh fears about its future in Chicago. Crain’s airlines reporter John Pletz talks with host Amy Guth about its plans for Denver growth, FAA inspections of some Boeing Max jets and other aviation news. Plus: BOMA, biz groups ask judge to block real estate transfer tax referendum; citing need to cut costs, Stellantis sits out the Super Bowl; Maryland firm pays $19 million for Elgin shopping center; and CVS invests in Chicago senior care company. Crain's Daily Gist list...
Jan 08, 2024•26 min•Ep. 994
Walgreens will slash its quarterly dividend by nearly half. Crain’s health care reporter Katherine Davis joins host Amy Guth to discuss the pharmacy chain's latest cost-cutting measure. Plus: In cop discipline fight, arbitrator again sides with police union — and blasts City Hall along the way; hospitals face more credit rating downgrades ahead, Fitch says; historic UAW pay gains gave a lift to national wage data in December; and voters file to remove Trump from the Illinois ballot. Crain's Dail...
Jan 05, 2024•22 min•Ep. 993
After a tense 18 months, the world of real estate might see some relief in the coming year. Crain’s reporter Dennis Rodkin joins host Amy Guth to discuss the outlook, a West Loop condo with a “hot” history , and more news from the local market. Plus: Illinois was one of the top states to leave in 2023; Pru Plaza owner plans big renovation, gets debt relief; Brookfield Property’s debt cut to junk by S&P on real estate concerns; and the worst of the cocoa rally is yet to come for chocolate mak...
Jan 03, 2024•34 min•Ep. 992
Chicago plans to borrow more than $1 billion as it weans itself off TIFs. Crain's politics reporter Justin Laurence discusses with host Amy Guth. Plus: Mayor Brandon Johnson names picks to run housing and emergency management departments, the potential economic impact of preparing for the DNC, Wall Street's seismic shift propels Dallas past Chicago and L.A. and Rivian's quarterly deliveries miss estimates. Crain's Daily Gist listeners can get 20% off a one-year Crain’s Chicago Business digital s...
Jan 02, 2024•19 min•Ep. 991
Crain’s reporter John Pletz talks with host Amy Guth to discuss 2023 in the cannabis, airline and technology sectors, and the stories to watch in 2024. Plus: New laws including a prohibition on book bans and the right to sue for “deepfake porn” take effect in 2024, a developer's plan for Sonoma-inspired resort in Galena faces legal challenge, stolen Slim Jim car recovered outside Chicago and the restaurants Chicago lost in 2023. Crain's Daily Gist listeners can get 20% off a one-year Crain’s Chi...
Dec 27, 2023•35 min•Ep. 990
Crain's reporters Danny Ecker and Rachel Herzog join host Amy Guth to discuss the biggest stories in commercial real estate of the last year, including companies’ changing office space needs, and properties to watch in 2024 , like the Thompson Center and Soldier Field. Plus: Federal judge declines to stay assault weapons ban ahead of Jan. 1 registration deadline, former Chicago CFO Bennett heads to UChicago finance post, Mayor Johnson names three new commissioners and Marina City retail space so...
Dec 26, 2023•27 min•Ep. 989
Crain's reporters Leigh Giangreco and Justin Laurence join host Amy Guth to discuss the biggest stories in state and local politics of the last year, including the trial and recent conviction of Ed Burke, and what to watch for in 2024: the trial of Mike Madigan, the 2024 DNC in Chicago and more. Plus: Another hack freezes real estate closings around Chicago, Stellantis brings back 165 workers from idled Belvidere plant and potential buyer in talks to acquire Zurich hotel from Hyatt. Crain's Dail...
Dec 22, 2023•40 min•Ep. 988
The already low inventory of homes for sale in Chicago is only getting more sparse. Crain’s residential real estate reporter Dennis Rodkin discusses with host Amy Guth, along with the case of a $500 sandwich at a Lakeview condo and other news from the local housing market. Plus: Aon to make $13.4 billion purchase, Magellan puts River North apartment buildings on the market, lender seizes most of Lisle office complex and census numbers show Illinois' population is still shrinking — but there's a ...
Dec 20, 2023•36 min•Ep. 987
Crain’s health care reporter Katherine Davis talks with host Amy Guth for a look back at the year in the business. Plus: Money starts to flow in transfer tax campaign, U.S. housing starts unexpectedly rise to a six-month high, FAA inks Rosemont office lease after nixed Rolling Meadows deal and judge delays sentencing in "ComEd Four" case. Crain's Daily Gist listeners can get 20% off a one-year Crain’s Chicago Business digital subscription by visiting chicagobusiness.com/gist and using code “GIST...
Dec 19, 2023•29 min•Ep. 986
As the corruption trial of former Ald. Ed Burke goes to the jury, Crain’s reporter Leigh Giangreco talks with host Amy Guth about the proceedings. Plus: McDonald’s seeks tighter child labor compliance by franchisees, hotel-to-apartments conversion planned in Streeterville, Southwest Airlines fined $140 million over 2022 meltdown and part-time Columbia College faculty reach agreement. Crain's Daily Gist listeners can get 20% off a one-year Crain’s Chicago Business digital subscription by visiting...
Dec 18, 2023•25 min•Ep. 985
In a busy week at City Hall, the City Council rejected a controversial closed-doors discipline ruling for police and a referendum on Chicago's status as a " sanctuary city ." Crain’s politics reporter Justin Laurence discusses with host Amy Guth. Plus: Thompson Center assessed at more than double 2022 sale price, Elizabeth Warren slams AbbVie for 'abusing' drug patent system, Northwestern Memorial HealthCare posts billion-dollar surplus amid expansion plans and Dick Durbin takes beef about Union...
Dec 15, 2023•29 min•Ep. 984
The upper-end housing market here is falling far behind last year’s pace . Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about how the local market is poised to finish the year, along with other local housing news. Plus: Pappas posts Cook County property tax bills online, Moody's cuts Walgreens to junk on health care strategy push, UChicago Medicine’s new cancer center lands $20 million gift and Google unveils Thompson Center's new look. Crain's Daily Gist liste...
Dec 13, 2023•39 min•Ep. 983
With the federal corruption trial of former Ald. Ed Burke underway, Crain's reporter Leigh Giangreco talks with host Amy Guth about wiretap recordings, key players and delays in the case so far. Plus: Mayor Brandon Johnson wants his administration to come up with solutions to streamline the city's real estate development process; Discover names a new CEO; Ernst & Young is cutting U.S. jobs; and a medical device startup with UChicago roots has raised $2 million. Crain's Daily Gist listeners c...
Dec 12, 2023•27 min•Ep. 982
Arlington Heights school districts are taking steps in property tax discussions with the Chicago Bears, on the heels of pushback from a lakefront advocacy group after reports surfaced that the team is scouting a location close to home. Crain’s commercial real estate reporter Danny Ecker talks with host Amy Guth about what could be on the road ahead for the team. Plus: The state's pension liability finally reaches a tenuous plateau, Mariano's parent boosts investment in senior primary care, devel...
Dec 11, 2023•28 min•Ep. 981
Advocate Health co-CEOs say the health system will end its first year post-merger in the black . Crain’s health care reporter Katherine Davis talks with host Amy Guth about her recent conversation with the two at Crain’s annual hospital CEO event. Plus: Chicago's new paid leave policy set to be delayed, Friends of the Parks opposes new Bears stadium on lot south of Soldier Field, auto supplier Methode warns of soft EV ramp-up and state health plan declares racism a public health crisis. Crain's ...
Dec 08, 2023•29 min•Ep. 980
If building lots of homes would ease U.S. housing crisis, Illinois isn’t helping . Crain's residential real estate reporter Dennis Rodkin talks with host Amy Guth about that and other news from the local housing market. Plus: Feds provide $95 million toward Union Station upgrades; CME to launch new spot FX trading platform as volumes drop; McDonald's speeds up expansion plans, aims for 50,000 locations by 2027; and what to know about Illinois’ assault weapons ban. Crain's Daily Gist listeners ca...
Dec 06, 2023•49 min•Ep. 979
Two years after its big merger, NorthShore – Edward-Elmhurst Health has renamed itself. Crain’s health care reporter Katherine Davis talks with host Amy Guth about the state of the combined hospital network. Plus: Vote clears way for EV battery plant in Manteno; citing environmental concerns, Pritzker nixes Brighton Park migrant tent camp plan; River North loft office sold for big loss; and State Street landlord hit with $50 million foreclosure complaint. Crain's Daily Gist listeners can get 20%...
Dec 05, 2023•20 min•Ep. 978
The cannabis industry's roller-coaster ride in Illinois continues into 2024. Crain’s cannabis reporter John Pletz talks with host Amy Guth about the ups and downs of the industry and the year ahead for marijuana in the state. Plus: Chicago Fed chief says inflation on track to decline to 2%, feds and city's inspector general eye Bally's casino deal, advisory firm puts Fulton Market office up for sublease and an EPA rule would mandate lead pipe removal in 10 years — with a likely exception for Chi...
Dec 04, 2023•23 min•Ep. 977
An unintended consequence of the shift to remote work could bite some startup backers . Crain’s John Pletz talks with host Amy Guth about the future of the tax credit meant to encourage investment. Plus: Residents sue Evanston over Northwestern stadium approval; United, American on collision course with Johnson administration over O'Hare rebuild; Illinois boosts Amtrak in soaring year for rail travel; and McDonald's secretive new restaurant is getting set to open in Bolingbrook. Crain's Daily Gi...
Dec 01, 2023•22 min•Ep. 976
Chicago lost the top rank among big-city housing markets for price growth. Crain’s residential real estate reporter Dennis Rodkin and host Amy Guth discuss that and other news from the local market. Plus: Groupon signs deal for new Wacker Drive HQ, city again asking for offers on historic Stock Yards Bank building, co-working giant plans big expansion in Chicago suburbs and Illinois borrowers have some of the highest student debt in the country. Crain's Daily Gist listeners can get 20% off a one...
Nov 29, 2023•33 min•Ep. 975
A new study indicated businesses owned by members of historically underrepresented groups trail their peers revenue-wise. Crain's finance reporter Mark Weinraub talks with host Amy Guth about how venture capital can close the gap. Plus: Illinois primary candidates brave the cold to initiate 2024 election cycle, cybersecurity breach at major title company scrambles real estate closings, law firm set to leave Wacker Drive for River North and Pritzker family office launches $190 million venture cap...
Nov 28, 2023•18 min•Ep. 974
Asylum-seekers living in city shelters are now receiving 60-day exit notices. Crain’s reporter Justin Laurence talks about next steps for the city and state with host Amy Guth. Plus: Walgreens' Boots division transfers $6B pension plan, paving way for future sale, AbbVie sues to protect yet another drug from generics, Des Plaines apartment complex fetches $30 million and Foxtrot and Dom's Kitchen to merge. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information abou...
Nov 27, 2023•20 min•Ep. 973
City home prices are flat, but Chicago-area price increases are outpacing the U.S. Crain’s residential real estate reporter Dennis Rodkin discusses the numbers with host Amy Guth, as well as other local housing market news. Plus: Loop office landlord hit with $105 million foreclosure lawsuit, Deere stock falls as profit forecast disappoints, Northwest Community Healthcare opens new Schaumburg outpatient center and a look at how much X is losing from advertiser boycotts. Hosted by Simplecast, an ...
Nov 22, 2023•46 min•Ep. 972
Evanston has approved a deal with Northwestern for rebuilding Ryan Field. Crain’s education reporter Brandon Dupré talks about the process and the road ahead with host Amy Guth. Plus: Ford scales down Michigan EV battery plant plans, CNA Financial looks to shed part of Loop HQ, Motorola Solutions loads up for $2B more in stock buybacks and why O'Hare consistently gets mediocre ratings. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and ...
Nov 21, 2023•28 min•Ep. 971
Illinois’ once-thriving brewing scene now teeters on the edge of a steep cliff. Crain’s restaurants reporter Ally Marotti joins host Amy Guth to discuss how we got here — and what’s next. Plus: Pritzker chases every federal dollar with new $1 billion EPA bid, McDonald's buys back Carlyle's minority stake in China unit, a new name tops the list of Chicago's largest hospitals, and Delta and United announce direct flights to Tulum. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.c...
Nov 20, 2023•17 min•Ep. 970
Crain's aviation reporter John Pletz talks with host Amy Guth about TSA and airlines' expectations around holiday travel and United and American's plans to boost their O’Hare schedules in the new year. Plus: Asylum-seekers living in city shelters will begin to receive 60-day exit notices; after a false start, the trial of Ed Burke gets underway; Walgreens to close most stores on Thanksgiving; and a new survey indicates letting people work from home is good for revenue growth. Hosted by Simplecas...
Nov 17, 2023•27 min•Ep. 969
If you're buying a home soon, look for a new document to sign — and another layer of stress. Crain's residential real estate reporter Dennis Rodkin discusses what's changing, plus more market news, with host Amy Guth. Plus: Soldier Field and TIFs are helping to boost the Chicago Park District's budget; TransUnion will cut jobs in a cost-saving effort; the Chicago Symphony Orchestra nears ticket-sales record, but loses money; and downtown renters get a break as the apartment market cools off. Hos...
Nov 15, 2023•42 min•Ep. 968
As UL Solutions lays out its long-awaited plans to go public, Crain's reporter John Pletz discusses the IPO with host Amy Guth. Plus: The shopping mall at Block 37 is up for sale, developer Mike Reschke eyes a Wacker Drive landmark for a hotel conversion, Rivian will issue up to $15 billion of debt to help finance a Georgia factory and Evanston's City Council puts off a final decision on Northwestern's plans for a new Ryan Field. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz....
Nov 14, 2023•22 min•Ep. 967
Crain's health care reporter Katherine Davis talks with host Amy Guth about Walgreens' second round of corporate staff reductions in recent months, as well as a new role at the CDC for former Chicago health chief Dr. Allison Arwady. Plus: Mayor Johnson picks Arwady's replacement in the city's Public Health Department, Chicago's tallest apartment building goes up for sale, the clan that owns Napleton Automotive Group buys one of the most recognizable office properties in the suburbs and Chicago's...
Nov 13, 2023•23 min•Ep. 966
Political columnist Greg Hinz talks with host Amy Guth about the corruption trial getting underway for Chicago's longest-serving City Council member, former Ald. Ed Burke. Plus: The council OKs a paid leave measure that requires employers to give full-time workers at least 10 days off; Tesla nears a deal to open a downtown service center; Walgreens replaces its chief medical officer in the latest shakeup; and lawmakers OK a plan to allow small-scale nuclear development in Illinois. Hosted by Sim...
Nov 10, 2023•26 min•Ep. 965
