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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

04/25/24: A low point for home affordability in Chicago

Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to talk news from the local housing market, including how affordability here is the lowest it’s been in at least 17 years. Plus: Foxtrot and Dom's facing lawsuit one day after shuttering stores, Southwest cutting more than a third of its flights at O'Hare, Skokie office complex sold to developers at a staggering discount and Chicago's largest privately held companies see another year of growth. Hosted by Simplecast, an Ad...

Apr 24, 202447 minEp. 1054

04/24/24: A sudden surge for labor

Crain’s reporters Katherine Davis and Brandon Dupré talk with host Amy Guth about local labor movements in the worlds of health care, academia, and arts and culture. Plus: At O'Hare, senators sound an optimistic note despite earlier turbulence; Reinsdorf offers to open wallet for new Sox stadium; ADM says CFO will resign after accounting probe; and Moody's looks positively at Illinois. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of p...

Apr 23, 202437 minEp. 1053

04/23/24: Humira's hold on the market loosens

AbbVie's Humira dam is beginning to crack . Crain’s health care reporter Katherine Davis talks with host Amy Guth about how the tide appears to be turning as CVS' pharmacy benefit manager replaces the blockbuster drug on its formulary list. Plus: City Council greenlights Johnson's plan to pump $1.25 billion into housing and development, ShipBob picks JPMorgan to lead IPO, ex-Citadel exec's trading firm expanding and moving to revamped Loop tower, and how Chicago's venture-capital and startup sce...

Apr 22, 202426 minEp. 1052

04/22/24: Investors aren't happy with Mary Dillon

Mary Dillon's Foot Locker turnaround plan has Wall Street tapping its feet . rain's retail reporter Ally Marotti talks with host Amy Guth about the former Ulta CEO’s plans so far. Plus: Sterling Bay looks to sell more properties next to Lincoln Yards, Rivian cuts more jobs with woes mounting for electric vehicle market, watchdog group reportedly asks feds to probe Trump Chicago tower loan and police oversight chief defends herself amid criticism from city’s top cop. Hosted by Simplecast, an AdsW...

Apr 19, 202423 minEp. 1051

04/18/24: Property tax sales targeted in Illinois

Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market, including a lawsuit that aims to stop Illinois counties from selling homes over unpaid taxes. Plus: Ukrainian PM makes pitch for U.S. defense dollars on Chicago visit; struggling Walgreens lays off more workers; weed stocks have seen a lift, but it's still a roller-coaster ride; and United forecast tempers anxiety over expansion plans. Hosted by Simplecast, an AdsWizz company...

Apr 17, 202444 minEp. 1050

04/17/24: City set to tap reserves for migrant funding

Mayor Brandon Johnson's request for an $70 million to care for those seeking asylum who have been sent to Chicago, is advancing to the City Council . Crain’s politics reporter Justin Laurence discusses the latest with host Amy Guth. Plus: World Business Chicago names new CEO, American Airlines pilots cite "significant" jump in safety issues, developer tweaks plan for Fulton Market apartment complex and digital textbook company expands HQ and heads to the Loop. Hosted by Simplecast, an AdsWizz co...

Apr 16, 202423 minEp. 1049

04/16/24: Shifting retail landscape on Damen

Barnes & Noble could turn the tide for a once-thriving shopping corridor that runs between Wicker Park and Bucktown. Crain's retail reporter Ally Marotti talks with host Amy Guth about a possible recovery for Damen Avenue. Plus: McDonald's CEO's compensation rose 8% last year, Oberweis Dairy files for bankruptcy protection, Blackstone leads $2 billion private loan for GTCR-backed data center operator and Bally's Chicago local tax revenue grew in March. Hosted by Simplecast, an AdsWizz compan...

Apr 15, 202418 minEp. 1048

04/15/24: The 411 on CPZ, Johnson's new chief of staff

At City Hall, a progressive crusader has stepped into the chief of staff role . Crain’s Leigh Giangreco talks with host Amy Guth about Cristina Pacione-Zayas, the newest member of the city’s “Core Four.” Plus: The city rejects a new revenue source in Sox and Bears stadium talks, Illinois awards another $25 million to build EV chargers, CPD tells City Council DNC security maps to be released in early July and Uber is adding taxis to its app in Chicago. Hosted by Simplecast, an AdsWizz company. Se...

Apr 12, 202428 minEp. 1047

04/11/24: A big markdown for St. Regis condo

Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about recent home sales, including an upper-floor St. Regis condo that sold at almost $1.2 million lower than its 2021 price. Plus: Johnson urges calm after video of Humboldt Park police shooting released, Boeing whistleblower alleges 'shortcuts' taken on 787, Bears recruit Andrea Zopp as a legal adviser as stadium push rolls on and court allows Obama Center construction to keep moving. Hosted by Simplecast, an AdsWi...

Apr 10, 202444 minEp. 1046

04/10/24: Johnson reflects on his mayorship so far

Mayor Brandon Johnson sat down with Crain’s to mark the one-year anniversary of his election. Crain’s reporter Justin Laurence joins host Amy Guth to recap the conversation that spanned the DNC and 2024 presidential election, the failed "Bring Chicago Home" ballot measure, as well as stadium subsidies for the Chicago Bears. Plus: United Airlines delays two new routes amid FAA safety review, Roz Brewer added to Black Economic Alliance board, music equipment marketplace moving HQ to the Salt Shed ...

Apr 09, 202424 minEp. 1045

04/09/24: Frustrated CTA riders hit the road

Crain’s politics reporter Leigh Giangreco talks with host Amy Guth about CTA ridership, particularly about a growing cluster of riders swapping their Ventra cards for car keys as the agency struggles to get back to pre-pandemic service levels. Plus: Restaurateur's plan for Goose Island dining and entertainment complex scrapped, Durbin wants Buttigieg to broker O'Hare expansion, Blackstone to pay $10 billion for apartment company and a judge orders Motorola rival to pay $1 million-a-day fine and ...

Apr 08, 202425 minEp. 1044

04/08/24: South Works could have a future in quantum computing

The South Works site and a Lockport refinery are being considered for a potential quantum computer factory . Crain’s reporters Danny Ecker and John Pletz talk with host Amy Guth about their recent reporting on the two massive industrial sites PsiQuantum is mulling for the project. Plus: Bears sit down with agency that would subsidize their lakefront stadium, federal and local law enforcement meet to assemble DNC game plan, Hines buys Clybourn Corridor retail center, Thoma Bravo targets $20 billi...

Apr 05, 202430 minEp. 1043

04/04/24: Chicago's sordid history of housing segregation

Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local market, including a new documentary series about the city's long history of property ownership racism and redlining. Plus: Moody's says office vacancy rate nears 20%, Chicago's 2024 James Beard finalists announced, JPMorgan takes big loss in $80 million Streeterville apartment sale, S&P data says women have lost C-suite seats in corporate America. Hosted by Simplecast, an AdsWizz company...

Apr 03, 202439 minEp. 1042

04/03/24: Restaurants get smarter about waste

Crain's restaurants reporter Ally Marotti talks with host Amy Guth about how some Chicago operators are pulling off composting after years of wishing it could be done. Plus: City adds $11 million helicopter to CPD fleet with help from DNC grant, Rivian beats production and delivery estimates, UChicago Medicine medical residents look to form union and City Council angling for power on whether to end ShotSpotter contract. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for informatio...

Apr 02, 202424 minEp. 1041

04/02/24: The steep cost of the Walgreens-VillageMD deal

Acquiring VillageMD, once a centerpiece of Walgreens' health care ambitions, lost the pharmacy chain nearly $6 billion . Crain's health care reporter Katherine Davis discusses with host Amy Guth. Plus: Committee ordinance would require public data on migrant evictions, University of Illinois extends president Tim Killeen's contract, big Oak Park apartment complex hits the market and United asks pilots to take unpaid leave due to Boeing delays. Hosted by Simplecast, an AdsWizz company. See pcm.ad...

Apr 01, 202418 minEp. 1040

04/01/24: Why this vote count felt like a slog

Tabulating the state's attorney race may have seemed like it was taking a minute, but the Chicago Board of Elections says the count is still within the letter of the law . Crain's politics reporter Leigh Giangreco discusses the race and how mail-in ballots may change how we think about election night results. Plus: Discover CEO resigns weeks after starting the job, Old National Bank CFO facing child molestation charges, former staff of Signature Room to get $1.5 million in back pay, Uncle Julio’...

Mar 29, 202425 minEp. 1039

03/28/24: What's ahead for long-dormant suburban sites

Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market, including how a Winnetka site may finally get a new residential building after twelve years while a judge's ruling will keep a fallow River Forest condo site empty for longer. Plus: Moody’s downgrades Bally's rating, developer lists 327-unit apartment portfolio in northwest suburb, Advocate proposes $52 million outpatient center in Naperville and despite Walgreens' efforts, p...

Mar 27, 202439 minEp. 1038

03/27/24: Hospital workers handed over to private equity

Ascension is outsourcing workers at its 10 Chicago-area hospitals to a staffing firm owned by private equity. Crain’s health care reporter Katherine Davis talks with host Amy Guth about changes coming to the nonprofit health system. Plus: United Airlines in FAA's review penalty box, TransUnion nearly doubles Illinois job cuts, developer plans 72-unit apartment building north of Fulton Market and Easter egg price hikes are just the start as cocoa soars. Hosted by Simplecast, an AdsWizz company. S...

Mar 26, 202426 minEp. 1037

03/26/24: Bears stadium pitch includes dramatic lakefront changes

We now know what the Chicago Bears have in mind for the Museum Campus — and how much it would cost taxpayers. Crain’s politics reporter Justin Laurence discusses the team's stadium plans with host Amy Guth. Plus: Boeing's CEO to step down in overhaul triggered by its safety crisis, aviation authorities consider drastic measures to curb growth at United after incidents, Chicago Fed chief sees three rate cuts this year as inflation cools and Blommer closing Chicago chocolate factory. Hosted by Sim...

Mar 25, 202418 minEp. 1036

03/25/24: What's next for Johnson after primary setback

After the failure of the "Bring Chicago Home" ballot question, Crain’s politics reporter Justin Laurence joins host Amy Guth to discuss the election's implications for Mayor Brandon Johnson and his progressive agenda. Plus: Boeing's board plans to meet airline chiefs without its CEO, judge declines to overturn Outcome Health guilty verdicts, another judge squashes Blagojevich's future political hopes (citing Dr. Seuss in the process), United Airlines allows sharing of frequent-flyer miles and Il...

Mar 22, 202424 minEp. 1035

03/21/24: Chicago maintains an edge on home affordability

Of the big U.S. cities, Chicago has held onto housing affordability the best over the years. Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about top stories from the local housing market. Plus: Illinois primary election results, McDonald's plans to consolidate leadership in CEO, Boeing sees massive cash drain as 737 Max mess takes toll as FAA chief says the plane maker needs more focus on safety and quality, and MacKenzie Scott donates millions to 19 Chicago non...

Mar 20, 202440 minEp. 1034

03/20/24: Chicago resisting anti-DEI wave

Crain's Equity series editor Cassandra West joins host Amy Guth to discuss the growing backlash against DEI initiatives, programs created to ensure fair treatment and broader representation. Plus: Arlington Heights reportedly proposes tax settlement with Bears, Pritzker signs law setting up elected Chicago school board, traders look to Kraft and Mondelez for clues on where the Fed is headed and Union League Club plans to sell Monet painting again. Crain's Daily Gist listeners can get 20% off a o...

Mar 19, 202420 minEp. 1033

03/19/24: Brewers tap THC drinks for survival

With beer sales down, some Illinois craft breweries venture into THC-infused beverages . Crain's restaurants reporter Ally Marotti discusses with host Amy Guth. Plus: United Airlines CEO launches safety review after recent mishaps, Encyclopaedia Britannica seeking $1 billion valuation in IPO, Obama Foundation donates $4 million for city's first "fully inclusive" playground and Walgreens' cost-cutting push rolls on with closure of two distribution centers. Crain's Daily Gist listeners can get 20%...

Mar 18, 202422 minEp. 1032

03/17/24: Irish names don't have the juice in politics anymore

Crain’s politics reporter Leigh Giangreco talks with host Amy Guth about the waning state of Irish political power in Chicago and Illinois. Plus: Bally's suitor says buyout wouldn't impact Chicago casino, bike trail connecting Chicago to Michigan gets another green light, McDonald's experiences widespread system outage, large South Loop apartment tower sold and betting begins at Wrigley Field sportsbook. Crain's Daily Gist listeners can get 20% off a one-year Crain’s Chicago Business digital sub...

Mar 15, 202429 minEp. 1031

03/14/24: Illinois counties push against high court on home seizures

Eight counties in Illinois are defending property tax sales despite a U.S. Supreme Court ruling that says it's unconstitutional. Crain’s residential real estate reporter Dennis Rodkin discusses the case with host Amy Guth, along with other news from the local housing market. Plus: Northwestern plans to build new softball stadium, local investors buying mostly empty River North office building, AbbVie CEO made $25.6 million in final full year as chief and the House passes Krishnamoorthi's bill ai...

Mar 13, 202436 minEp. 1030

03/13/24: The saga of a distressed suburban hospital

A troubled hospital in Waukegan recovered its trauma center designation after losing it more than a month ago. Crain’s health care reporter Katherine Davis discusses the latest on Vista Medical Center East with host Amy Guth. Plus: Cook County treasurer study says no-show voters create their own property tax problem, ADM revises years of internal sales after accounting probe, Johnson outlines what he'll need to sign off on Bears' lakefront stadium plan and United CEO tells Boeing to stop making ...

Mar 12, 202422 minEp. 1029

03/12/24: What the Bears promise for a new lakefront stadium

The Bears have pledged over $2 billion in private money for new for a new stadium. While the outlay would be significant, Crain’s politics reporter Justin Laurence talks with host Amy Guth about how the total project would still require government sign-off and taxpayer dollars. Plus: Illinois is working on incentive deal with Rivian, Bally's is hunting for $800 million to kick off the Chicago casino project, data-tech whiz Ocient raises nearly $50M for growth and feds open criminal probe of Alas...

Mar 11, 202424 minEp. 1028

03/11/24: The legal fight over 'Bring Chicago Home' explained

Votes on the anti-homelessness tax measure are set to be counted after the Illinois Appellate Court reversed an earlier ruling removing it from the ballot. Crain’s politics reporter Leigh Giangreco recaps the contentious court battle with host Amy Guth. Plus: Grubhub moving HQ to Merchandise Mart, Tempus lab workers overwhelmingly vote for union, Chicago Symphony Orchestra Association receives $21 million gift and Rivian's factory pause deals fresh blow to Georgia factory plans. Crain's Daily Gi...

Mar 08, 202425 minEp. 1027

03/07/24: Collusion lawsuits keep coming for brokerages

Baird & Warner is the latest to be hit with a copycat lawsuit over commissions. Crain’s residential real estate reporter Dennis Rodkin and host Amy Guth discuss that and other news from the local housing market. Plus: Rivian eliminating a shift at EV factory in Normal, furniture maker Steelcase leaving Merchandise Mart for Fulton Market, VillageMD laying off dozens amid Illinois clinic closures and Oscar Mayer debuts vegan hot dog with help from a Jeff Bezos-backed startup. Crain's Daily Gis...

Mar 06, 202443 minEp. 1026

03/06/24: The real happy hour starts way, way later

Chicago's restaurants are seeing a rise in demand for late-night dining . Crain's reporter Ally Marotti talks with host Amy Guth about how operators are extending hours, devising new promotions closer to midnight. Plus: Loop retail vacancy tops 30% for the first time, Rivian laid off about 100 Illinois workers, Lurie restores electronic health records after cyberattack and the FAA says Boeing and Spirit AeroSystems audit finds 'multiple' quality lapses. Crain's Daily Gist listeners can get 20% o...

Mar 05, 202422 minEp. 1025
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