JPMorgan Chase is kicking off a large renovation of its home in the Loop. Crain's finance reporter Mark Weinraub talks with host Amy Guth about how the project is poised to give a major boost to the downtown office market. Plus: Walgreens, in need of a reset, plans a strategic review of its entire operation; Supreme Court sides with Trump in Colorado ballot eligibility case; JetBlue abandons troubled $3.8 billion deal for Spirit Air; and the city proposes major spending cuts to the O'Hare termin...
Mar 04, 2024•21 min•Ep. 1024
Chicago leaders discussed mental health in the workplace at a recent Crain’s event. Health care reporter Katherine Davis, who moderated the discussion, shares highlights with host Amy Guth. Plus: Walgreens to begin selling abortion pill this month; ADM delays its annual report as it warns on internal accounting; Mondelez able to move cash out of Russia, despite the country's tight grip; and, according to a report, Manhattan D.A. says Art Institute did not properly vet its acquisition of art loot...
Mar 01, 2024•21 min•Ep. 1023
It's getting harder for small towns to ignore their lack of affordable housing . Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market. Plus: Bears and Sox told to team up on stadium financing pitches; American Dental Association nears HQ sale to Lurie, move to Mag Mile; developer to buy Clybourn Corridor retail, office building at 78% discount; and Tom Skilling looks back on four decades as 'Chicago's Very Own.’ Hosted by Simple...
Feb 28, 2024•38 min•Ep. 1022
The city reached an agreement for a ShotSpotter contract extension after confusion amid a possible shutoff of the gunshot detection system. Crain's politics reporter Leigh Giangreco talks with host Amy Guth about the city’s future plans with the technology that the city has in use in 12 police districts. Plus: Chicago has one of the largest income inequality gaps in the country, FTC sues to block $24.6 billion Kroger-Albertsons merger, Boeing hit by damning report faulting safety procedures, Lau...
Feb 27, 2024•29 min•Ep. 1021
The city has a rare chance for a rebrand to regain its lost swagger on the national stage. Crain’s reporter John Pletz and host Amy Guth discuss how Chicago could reposition itself with the DNC coming to town this year. Plus: Judge sides with building owners on controversial "Bring Chicago Home" measure; despite Russia's tight grip, Mondelez able to move cash out of the country; Jamie Dimon sells $150 million in JPMorgan shares; United joins others in raising checked bag fees; and Walgreens-back...
Feb 26, 2024•26 min•Ep. 1020
AbbVie CEO Richard Gonzalez, who grew the company into a pharmaceutical juggernaut, is preparing to retire . Crain's health care reporter Katherine Davis talks with host Amy Guth about the leadership change and the drugmaker's M&A plans. Plus: Allstate looks to unload Wacker Drive office building, Northwestern grad students reach first tentative union contract deal, Mag Mile retail space sold to firms known for amassing distressed malls and Duckworth moves to protect in vitro fertilization a...
Feb 23, 2024•21 min•Ep. 1019
Chicago-area new home sales had their second-best year of the past 15. Crain's residential real estate reporter Dennis Rodkin discusses that and other news from the local housing market with host Amy Guth. Plus: World Business Chicago appoints an interim executive; Gov. Pritzker wants $500 million for quantum technology; cultivated-meat company puts plans for Glenview plant on hold; and after altercation, City Council member calls on colleague to resign leadership posts. Crain's Daily Gist liste...
Feb 21, 2024•27 min•Ep. 1018
White Sox owner and Chairman Jerry Reinsdorf is confident he can get a state subsidy for new South Loop stadium . Crain's politics reporter Justin Laurence discusses the latest with host Amy Guth. Plus: AbbVie names new CEO; Oreo maker Mondelez is strong as ever in Russia as war drags on; Capital One to buy Discover in deal valued at over $35 billion; and for hospitals, largely exposed to cyberattacks, Lurie demonstrates how bad it can get. Crain's Daily Gist listeners can get 20% off a one-year...
Feb 20, 2024•25 min•Ep. 1017
The Sheraton Grand Chicago is changing hands in a $500 million deal . Crain’s commercial real estate reporter Rachel Herzog discusses that and other news from around the market with host Amy Guth. Plus: Penny Pritzker, others subpoenaed in Harvard antisemitism probe; City Council, shunning arbitrator and police union's warnings, rejects discipline ruling again; electronics supplier Newark is closing its Chicago office; and UChicago to fight inequity in cancer care with new center. Crain's Daily ...
Feb 16, 2024•23 min•Ep. 1016
Architectural Artifacts is leaving for Texas after nearly four decades in Chicago. Crain's retail reporter Ally Marotti talks with host Amy Guth about the shift. Plus: One of Chicago's largest hotels changing hands in $500 million deal, commercial-property loans coming due in U.S. jump to $929 billion, new Chicago Fed index sees more moderate gain in January retail sales, Chicago Fed chief says inflation can be a bit higher on the path to the 2% target and workers at the Museum of Contemporary A...
Feb 14, 2024•18 min•Ep. 1015
Crain's labor reporter Brandon Dupré and host Amy Guth discuss what's driving the unionization push at Tempus. Plus: Chicago braces for first post-pandemic property tax assessment, Howard Brown Health CEO to depart, the new Foxtrot and Dom's Kitchen CEO has Whole Foods on his resume and Old Orchard mall owner taps local developer for 400-unit apartment project. Crain's Daily Gist listeners can get 20% off a one-year Crain’s Chicago Business digital subscription by visiting chicagobusiness.com/gi...
Feb 13, 2024•18 min•Ep. 1014
On an evolving Taylor Street, once Chicago's epicenter of Italian cuisine, restaurants are struggling . Crain's reporter Ally Marotti talks about the changing neighborhood with host Amy Guth. Plus: Part of Walgreens HQ poised for residential development, Deerfield reportedly set to ban warehouses and distribution facilities, Rivian cuts prices on base R1T and R1S models, and Lion Electric to get nearly $50 million in EV incentives — much more than expected. Crain's Daily Gist listeners can get 2...
Feb 12, 2024•25 min•Ep. 1013
For Gov. J.B. Pritzker, the DNC could be a dress rehearsal for a presidential run . Crain’s politics reporter Leigh Giangreco discusses with host Amy Guth. Plus: Revised Bally's site plan gets green light from City Hall, treasurer's office lowers late fees for property taxes, Lurie confirms network breached by "known criminal threat actor," US Foods wins lawsuit against Boston Market and Northwestern eyes football games at Wrigley, Guaranteed Rate and Soldier Field. Crain's Daily Gist listeners ...
Feb 09, 2024•25 min•Ep. 1012
Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market, including the 50 highest-priced home sales of 2023, Illinois Realtors’ $1 million campaign against a transfer-tax increase, and Cook County’s plan to make homes healthier for owners and renters. Plus: Smaller banks face bigger risks from the depressed commercial real estate market, judge ends Byron Allen's lawsuit over McDonald's ad spending, museum hotel in River North hits ...
Feb 07, 2024•41 min•Ep. 1011
The Bears' focus for a new stadium is not on Arlington Heights but Chicago’s lakefront . Crain's political columnist Greg Hinz talks with host Amy Guth about the latest developments in the saga. Plus: DOJ launches probe into ADM over accounting practices, Kroger CFO exits during uncertainty over Albertsons merger, Rush lays off administrative staff, FAA chief vows to hold Boeing accountable for quality lapses as aerospace workers demand pay raises and Rivian teases first look at smaller and less...
Feb 06, 2024•23 min•Ep. 1010
Some Chicago cannabis companies are collaborating with restaurants and mainstream food brands on new THC-infused products like wing sauce and cake mixes . Crain's reporter Ally Marotti talks with host Amy Guth about how the move indicates Illinois' cannabis industry is maturing. Plus: Trump's Chicago tower loan at issue in delayed New York fraud case, warehouse vacancy inches up, Fed's Goolsbee says he wants to see more inflation progress and Illinois getting share of $500 million opioid settlem...
Feb 05, 2024•22 min•Ep. 1009
When Boeing came to Chicago in 2001, it was a win for the city. But was it good for the company ? Crain’s Steven Strahler talks with host Amy Guth about the troubled planemaker. Plus: U of I's Discovery Partners Institute chief is stepping down, AbbVie sees signs of post-Humira growth in positive 2024 outlook, 180 laid off from University of Chicago Medical Center, and cannabis rescheduling faces an uphill battle, but DEA decision expected soon. Crain's Daily Gist listeners can get 20% off a one...
Feb 02, 2024•25 min•Ep. 1008
The National Association of Realtors, embattled within and without, now has competition . Crain's residential real estate reporter Dennis Rodkin discusses the story so far with host Amy Guth, along other news from the local housing market. Plus: Blue Cross Illinois parent to pay $3.3 billion for Cigna businesses, Walgreens lays off more workers in third round of cuts, Illinois election board keeps Trump on primary ballot, and the Chicago Bears and school districts are $100 million apart on value...
Jan 31, 2024•41 min•Ep. 1007
Medical residents and fellows at Northwestern University voted to form a union , becoming the largest of its kind in the Midwest. Crain’s health care reporter Katherine Davis discusses the recent wave of labor organizing at academic medical centers with host Amy Guth. Plus: Suburban office vacancy tops 30% for the first time, Illinois boosting access to youth mental health resources with help from Google, CA Ventures sells River North apartments for $61 million and baseball commish gives thumbs-...
Jan 30, 2024•26 min•Ep. 1006
Tens of thousands of physicians reportedly left the field in 2021 and 2022 amid increasing demands for health care. Crain’s reporter Katherine Davis talks with host Amy Guth about physicians calling it quits and how some health systems are working to better support those still in the workforce. Plus: Boeing CEO faces investor grilling after blowout crisis, Rivian brings on Apple home devices and car veteran for top product role, Discover CFO sells nearly all his company stock and apartments near...
Jan 29, 2024•28 min•Ep. 1005
Chicago dining spots opened in late 2023 with more risk-management strategies in place. Crain's reporter Ally Marotti talks with host Amy Guth about that and more from the restaurants beat, including this year's James Beard Awards semifinalists . Plus: Chicago-area commercial property sales down 44% in 2023, Walgreens shareholders reject disclosing abortion pill sale risks, head of powerful union group throws support behind Sox stadium plan and Boeing's woes put the squeeze on United’s turnaroun...
Jan 26, 2024•28 min•Ep. 1004
In just under two months, Chicagoans will vote on the so-called "Bring Chicago Home" plan to reconfigure the real estate transfer tax to create a revenue stream for fighting homelessness. Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about what the March referendum will cost if passed, plus other news from the local housing market. Plus: Walgreens explores $4 billion-plus sale of specialty pharmacy business; report points to Boeing, not Spirit Aero, for Alaska A...
Jan 24, 2024•34 min•Ep. 1003
The Johnson administration's use of its do-not-hire list is once again in the spotlight. Crain's politics reporter Leigh Giangreco discusses with host Amy Guth. Plus: City reportedly has only an informal deal for NASCAR to pay more; University of Illinois freezes in-state tuition this year; feds order city to promote, pay Midway whistleblower; and United Airlines CEO exploring Max 10 alternatives after Boeing missteps. Crain's Daily Gist listeners can get 20% off a one-year Crain’s Chicago Busin...
Jan 23, 2024•20 min•Ep. 1002
Crain’s contributor Judith Crown discusses the hidden high costs of creating affordable housing with host Amy Guth. Plus: FAA seeks checks on another Boeing 737 model, ADM plunges after placing CFO on leave during accounting probe, Mayor Brandon Johnson appoints insurance exec to key post on World Business Chicago board and Wilson tennis racket maker seeks up to $1.8 billion in U.S. IPO. Crain's Daily Gist listeners can get 20% off a one-year Crain’s Chicago Business digital subscription by visi...
Jan 22, 2024•21 min•Ep. 1001
Restaurants shift to wind down a pandemic survival strategy . Crain's restaurants reporter Ally Marotti discusses the adjustments with host Amy Guth. Plus: Bally's seeks big change to casino hotel due to "unforeseen infrastructure issues," White Sox in "serious" talks to build a stadium at The 78, Mesirow inks big HQ lease extension for slashed office footprint, Lori Lightfoot launches new Chicago nonprofit and Discover to cut 108 jobs in Illinois. Crain's Daily Gist listeners can get 20% off a ...
Jan 19, 2024•24 min•Ep. 1000
Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to talk news from around the local housing market, including a condo owned by a famous Chicago architect who was also a member of the " Monuments Men ." Plus: Johnson administration's use of do-not-hire list is once again in the spotlight, Walgreens CEO purchased $240,000 in company shares to signal "confidence," Jimmy John's "freaky fast" subs are going abroad in 2024 and Boeing makes progress on ungrounding Max 9 jets w...
Jan 17, 2024•42 min•Ep. 999
Crain's exclusive Who's Who is an authoritative guide to power in Chicago with more than 400 names to know. Crain’s Sophie Rodgers talks about this year’s list with host Amy Guth. Plus: City extends 60-day notices for migrants in city shelters amid dangerous weather; ad agency slashing office space, moving to Marshall Field building; JPMorgan Chase just made more annual profit than any U.S. bank ever; and developer gets $500 million in construction financing for project on Chicago Spire site. Cr...
Jan 16, 2024•23 min•Ep. 998
With the unexpected departure of CEO Lynn Osmond, Chicago's tourism agency Choose Chicago is back on the hunt for a new top executive two years after it struggled to hire one, and with the city’s reputation at stake. Crain’s reporter Danny Ecker discusses with host Amy Guth. Plus: Sterling Bay lists Fulton Market site next to Google, SEC's bitcoin green light makes CME Group the top hedging spot for crypto investors and debt and deficits set off alarm bells at University of Chicago. Crain's Dail...
Jan 12, 2024•26 min•Ep. 997
The president of the National Association of Realtors abruptly resigned after a blackmail threat. Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about that and other local housing news, including a condo that rents for $30,000 a month filled with music and pop culture memorabilia. Plus: Boeing CEO fights back tears and admits 'our mistake' in 737 address, trio of companies set to leave troubled Wacker Drive office tower, new device at UChicago can smash liver tum...
Jan 10, 2024•42 min•Ep. 996
Michigan Avenue property owners want to tax themselves — but also want more control of the revenue. Crain’s politics reporter Justin Laurence talks about the proposed changes with host Amy Guth. Plus: Bally's Chicago sees continued growth, but not enough to meet city budget projections; home prices in Detroit are rising even faster than in Miami; statewide respiratory illness risk rises to high; and Boeing door bolts in focus after airlines find loose parts. Crain's Daily Gist listeners can get ...
Jan 09, 2024•24 min•Ep. 995
