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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

08/13/24: Johnson's 'Treatment Not Trauma' health plan so far

Crain’s health care reporter Katherine Davis and analyst Sophie Rogers join host Amy Guth to discuss Chicago’s aim for a progressive approach to its mental health crisis. Plus: Illinois now has blueprint for K-12 schools to teach dangers of overdose, Western Illinois University lays off more staff in second round of cuts, how much Amex pocketed on the sale of Itasca's Accertify and the city delays $643 million bond deal due to market volatility. Hosted by Simplecast, an AdsWizz company. See pcm....

Aug 12, 202434 minEp. 1114

08/12/24: Johnson has an even bigger budget hole to plug

Mayor Brandon Johnson is facing a budget gap that could reach nearly $1 billion . Crain’s politics reporter Justin Laurence discusses the city’s plans with host Amy Guth. Plus: Boeing's new CEO touts transparency and plans to talk the factory floor, Bluhm makes $56 million bet on Mag Mile vertical mall, Walgreens sells $750 million in its upsized first junk bond sale, Morningstar targeted in lawsuit over one of its investment tools and Ford's Chicago plant faces the future of EVs. Hosted by Simp...

Aug 09, 202429 minEp. 1113

08/08/24: The priciest time to go house shopping, ever

Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to break down the latest Chicago real estate data . Plus: Johnson under pressure as budget gap could reach nearly $1 billion, Rivian net loss widens to $1.46 billion despite sales gains and cost cutting, Oak Park apartment complex sold to California investor and parent companies of Mariano's and Jewel pressured by investor group over abortion pill sales. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for in...

Aug 07, 202436 minEp. 1112

08/07/24: What CVS' health play has that Walgreens' doesn't

Crain's health care reporter Katherine Davis talks with host Amy Guth about why CVS is doubling down on primary care with new clinics while its competitors are backpedaling. Plus: What’s next for Pritzker after the veepstakes, Damen Green Line Station opens two weeks before the DNC, historic State Street buildings to avoid the wrecking ball and Goolsbee says Fed is less reactive than markets — and won't overreact. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information abou...

Aug 06, 202420 minEp. 1111

08/06/24: New dining spots popping up around Millennium Park

Crain's restaurants reporter Ally Marotti talks with host Amy Guth to discuss the latest from the dining world, including two new Latin American eateries downtown and the owners of Adalina expanding in the Gold Coast. Plus: Global stock meltdown triggers "mad rush" for Treasuries, Walgreens cashes in $1.1 billion of Cencora stock, Kellanova soars as Mars weighs deal for the snackmaker and Chicago's largest foundations see increase in 2023 assets. Hosted by Simplecast, an AdsWizz company. See pcm...

Aug 05, 202423 minEp. 1110

08/05/24: Are fancy new stadiums worth the burden?

Crain’s contributor Margaret Littman joins host Amy Guth to discuss the complex considerations around whether stadiums are a smart use of taxpayer money. Plus: Chicago biz leaders urge Kamala Harris to pick J.B. Pritzker as veep, JPMorgan dragged into fight over one of Chicago's oldest hotels, Loop office-to-residential conversion at risk as distressed tower hits the market and Dick Durbin seeks major boost in quantum funding. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for inf...

Aug 02, 202434 minEp. 1109

08/01/24: Want to live in a Mies on Lake Shore?

Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to talk news from the local housing market, including the story behind a condo for sale in one of the very first Mies van der Rohe buildings on Lake Shore Drive and the legal fight over a Sonoma-style Galena resort project . Plus: Boeing names Kelly Ortberg as new CEO, Deere adds nearly 300 HQ staff to mounting layoffs, record payouts on biggest U.S. grid signal costs of reliable power and U.S. Soccer to sell $200M of deb...

Jul 31, 202443 minEp. 1108

07/31/24: Scoping out 7 new dining spots

Crain's restaurants reporter Ally Marotti joins host Amy Guth to discuss some new eateries around town worth keeping an eye on. Plus: Survey predicts M&A deal pickup in second half of 2024, J.B. Pritzker signs measure to expand abortion coverage, behavioral health provider expanding with Far South Side clinic and CTA's Red Line extension gets new financial help from the feds. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of persona...

Jul 30, 202428 minEp. 1107

07/30/24: Lead-up to the DNC

Crain’s politics reporter Justin Laurence talks with host Amy Guth about the coming Democratic National Convention, from the newly announced restricted zones to Chicago donors opening their pocketbooks for Kamala Harris and J.B. Pritzker playing coy about potentially being her running mate. Plus: McDonald’s sales fall for first time since 2020, Fed expected to signal September rate cut at this week's meeting, Jewel and Mariano's parents put merger on ice to fight Colorado challenge and Crain's b...

Jul 29, 202425 minEp. 1106

07/29/24: A white whale project for the South Side

A huge quantum computing campus, much pursued by Gov. J.B. Pritzker, is coming to the former U.S. Steel South Works site . Crain’s technology reporter John Pletz talks with host Amy Guth about the development coming to the long fallow South Side spot. Plus: Bally's agrees to hedge fund buyout, Boeing completes deal to plead guilty over 737 Max crashes, restricted zones during the DNC, and Pritzker touts Illinois' cannabis social equity program as one poised to be a "national standard." Hosted by...

Jul 26, 202422 minEp. 1105

07/25/24: A Prairie-style gem in Brookfield

Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about top stories from the local housing market, including a historic Prairie-style kindergarten turned home for sale in Brookfield. Plus: Chicago's donor class opens its pockets for Harris; Medline exploring IPO, with possible valuation of $50 billion; Cboe to offer traders another way to hedge S&P 500 swings; and Intersect Illinois hires physicist to recruit quantum companies. Hosted by Simplecast, an AdsWizz c...

Jul 24, 202423 minEp. 1104

07/24/24: Wirtzes, Reinsdorfs reveal West Side megadevelopment

The owners of the United Center want to build a $7 billion mixed-use campus around the stadium. Crain's commercial real estate reporter Danny Ecker discusses the proposal with host Amy Guth. Plus: Pritzker says he's not being vetted as a Harris running mate; Foxtrot applies for liquor licenses, as does grocer replacing Dom’s; United Airlines, feds forge climate deal to track greenhouse gas data in the sky; Lurie to expand mental health training for primary care docs; and Ariel's John Rogers tapp...

Jul 23, 202424 minEp. 1103

07/23/24: What Biden's exit means for upcoming Chicago DNC

Crain’s political columnist Greg Hinz talks with host Amy Guth about Joe Biden’s exit from the 2024 presidential race, local support for Kamala Harris, her possible running mates and the upcoming DNC. Plus: Sterling Bay continues Fulton Market sell-off, California investor picks up Oak Park apartments for $60 million, ex-NBA owner in talks to buy distressed former Groupon HQ and the biggest bank in Chicago just keeps growing. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for info...

Jul 22, 202423 minEp. 1102

07/22/24: Analyzing the RNC and looking at the campaign ahead

Crain’s political columnist Greg Hinz discusses his analysis of the RNC and the landscape of the presidential campaign ahead with host Amy Guth. Plus: Airlines, health systems, public services and other sectors impacted by global CrowdStrike outage; Goolsbee says Fed risks ‘golden path’ if it doesn’t cut soon; Hyatt in advanced talks to buy Standard Hotels brand; and Sephora closing Water Tower Place store, adding to Mag Mile retail vacancy. Hosted by Simplecast, an AdsWizz company. See https://...

Jul 19, 202430 minEp. 1101

07/18/24: Checking in on Chicago's 3 megaprojects

Crain’s commercial real estate reporter Rachel Herzog joins host Amy Guth to discuss where the city’s sprawling megadevelopments — Lincoln Yards, Bronzeville Lakefront and The 78 — stand years after they were approved. Plus: After pouring cold water on Bears stadium deal, Pritzker sits down with Warren; Walgreens hit with lawsuit over recent stock tank; the feds' cutting-edge tech arm plants a quantum-computing flag in Illinois; Burnham Center foreclosure adds to downtown distress; and Deere bac...

Jul 17, 202436 minEp. 1100

07/17/24: The GOP convention's first days

With the RNC underway in Milwaukee, Crain's political columnist Greg Hinz joins host Amy Guth to discuss former President Donald Trump’s veep pick and more. Plus: Brookfield Zoo reveals $500 million redevelopment and expansion plan, suburban office vacancy just keeps climbing, auto dealerships lost $1 billion from CDK cyberattack and United removes flight attendant after NFL star handcuffed. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and us...

Jul 16, 202426 minEp. 1099

07/16/24: Pols denounce political violence in face of Trump shooting

The attempted assassination of Donald Trump shook the presidential campaign and drew bipartisan condemnation from all over, including Democratic strongholds like Illinois . Crain’s politics reporter Justin Laurence discusses with host Amy Guth. Plus: Boeing warns customers of further 737 Max delays amid crisis, Mag Mile office building could go residential, distressed LaSalle Street tower loan sold to New York investors and former Loretto CFO charged in $15 million embezzlement scheme. Hosted by...

Jul 15, 202419 minEp. 1098

07/15/24: How the real chefs behind 'The Bear' do it

Staff at the Michelin-starred Ever showed Crain's how they made the dishes seen on Hulu and FX's "The Bear." Reporter Ally Marotti discusses the behind-the-scenes look with host Amy Guth. Plus: Bally's lands nearly $1 billion in casino financing in exchange for future ownership, AT&T customer calls and texts breached in massive hack, Aon taking on tricky businesses with insurance deals for Ukraine and hydrogen developers and Stellantis scores major federal grant for Belvidere. Hosted by Simp...

Jul 12, 202426 minEp. 1097

07/11/24: The most bang for first-time homebuyers' buck

Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to discuss news from the local market, including another apartment building going condo in River North and how Chicago gives first-time homebuyers the most buying power among big U.S. cities. Plus: Mariano's and Jewel parents plan to divest 35 stores in Illinois to secure merger, untangling the 'ComEd Four' case will take months, Napleton lawsuit claims Hyundai pushed fake EV sales reporting scheme and Deere layoffs mount...

Jul 10, 202436 minEp. 1096

07/10/24: Car dealers in the dark for weeks

Cyberattacks on CDK Global led to a massive shutdown for thousands of auto dealerships in North America. Mark Hollmer, reporter for Crain’s sister publication Automotive News, talks with host Amy Guth about the saga and what lies ahead for the Hoffman Estates-based software company. Plus: Aon is slashing its suburban office space with Bannockburn move; United Airlines jet loses wheel in repeat of March incident; a new name, look and mission for Amalgamated Bank of Chicago; and Mayor Brandon John...

Jul 09, 202423 minEp. 1095

07/09/24: How Dom's went under

Crain's retail reporter Ally Marotti joins host Amy Guth to discuss what went wrong with the upscale Chicago grocer Dom's Kitchen & Market. Plus: Mag Mile landlords get the OK to tax themselves — but not without a delay; Boeing to plead guilty to fraud for violating deal over crashes; Invenergy expands HQ again on Wacker Drive; Illinois ends fiscal year with extra cash on hand; and Discover settles class actions tied to credit card misclassifications. Hosted by Simplecast, an AdsWizz company...

Jul 08, 202429 minEp. 1094

07/08/24: Top-crust home sales defy the market

Crain’s residential real estate reporter Dennis Rodkin chats with host Amy Guth about upper-end home sales and a Frank Lloyd Wright home stuck in foreclosure limbo . Plus: Supreme Court denies review of Illinois gun appeals, lender looks to unload distressed JW Marriott Chicago, Jelly Belly shuttering North Chicago plant and Illinois notches a win and a loss in feds' contest for big research grants. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collectio...

Jul 03, 202428 minEp. 1093

07/03/24: Rougher waters ahead for Walgreens

The outlook for Walgreens Boots Alliance keeps darkening with CEO Tim Wentworth presenting investors with an uncertain picture filled with headwinds. Crain’s health care reporter Katherine Davis talks with host Amy Guth about challenges ahead for the pharmacy giant — plus, an update on Howard Brown Health . Plus: Weeks after bombshell report, Guaranteed Rate board hasn't met to discuss founder's leadership; Deere reportedly laying off hundreds amid decline in farming demand; dealerships sue CDK ...

Jul 02, 202426 minEp. 1092

07/02/24: City ponders new taxes

A City Council subcommittee is considering a slew of new ideas to raise revenue, including a grocery tax, service tax and more. Crain’s reporter Justin Laurence talks with host Amy Guth about some options on the table. Plus: Boeing fraud charge and Spirit deal lay bare scope of crisis, Boots CEO reportedly leaving after Walgreens drops plan to sell, Citadel buys Goldman alum's company to trade power in Japan, and developer reviving former AT&T campus lands new largest tenant. Hosted by Simpl...

Jul 01, 202429 minEp. 1091

07/01/24: The strange, fraudulent tale of Outcome Health

After Outcome Health executives’ recent sentencing in federal court, Crain’s technology reporter John Pletz talks with host Amy Guth about the Chicago company’s journey from local startup darling to its founders' fraud convictions. Plus: Walgreens shares plunge on outlook cut and plans for more store closings; Mayor Brandon Johnson reportedly had a CTU helping hand in drafting letter to Springfield; AbbVie buys drug developer Celsius Therapeutics for $250 million; Northwestern releases athletics...

Jun 28, 202436 minEp. 1090

06/27/24: New high marks for Chicago's housing market

Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to talk Chicago-area housing news, including how home prices here hit a new record high and details on properties on the market like one designed by a member of the band OneRepublic. Plus: SCOTUS accuses feds of "vague and unfair trap" in ruling with implications for Madigan, Volkswagen invests $5 billion in Rivian to form EV joint venture, Sterling Bay looks to sell another Fulton Market development site and Ken Griffin ...

Jun 26, 202449 minEp. 1089

06/26/24: Illinois' place in a post-Roe U.S.

Illinois abortion providers report seeing an influx of patients since the Dobbs v. Jackson decision two years ago, effectively kick-starting the transformation of abortion law across the country. Crain’s health care reporter Katherine Davis discusses with host Amy Guth. Plus: Vote on Sterling Bay project at heart of aldermanic prerogative fight delayed, Thoma Bravo is exploring a sale of Canadian auto marketplace Trader, Jump Trading's crypto chief is stepping down and Northwestern breaks ground...

Jun 25, 202423 minEp. 1088

06/25/24: Johnson takes on a City Council tradition

Mayor Brandon Johnson won the first round of a fight with local Ald. Scott Waguespack over a residential project near Lincoln Yards. Crain’s politics reporter Justin Laurence talks with host Amy Guth about the development and the city’s potentially shifting custom of aldermanic prerogative. Plus: Former Ald. Ed Burke sentenced to 24 months in prison, American Express buying Tock for $400 million, RXO agrees to buy Coyote Logistics for $1 billion and federal prosecutors reportedly recommend DOJ c...

Jun 24, 202419 minEp. 1087

06/24/24: New owner's plans for Oberweis

Oberweis Dairy's new ownership regime officially took the reins at the more than 100-year-old ice cream maker emerging from bankruptcy. Crain's retail reporter Ally Marotti discusses with host Amy Guth. Plus: United Airlines plane turns back after engine piece falls off, Cameo moving HQ back to Fulton Market, Jewel-Osco-anchored retail center on Near West Side nets $31 million and Goolsbee says Fed can cut rates with more inflation reports like last month's. Hosted by Simplecast, an AdsWizz comp...

Jun 21, 202420 minEp. 1086

06/20/24: Wrigleyville neighbors try to stop apartment project

Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local market, including a petition trying to block the demolition of three vintage buildings next to Wrigley Field. Plus: First look at the next Cook County budget shows a $218 million gap, Trump changes plans to stay in Milwaukee during RNC instead of Chicago, SEC fines R.R. Donnelley $2.1 million related to ransomware attack and City Hall panel to consider digital billboards on the Riverwalk as ...

Jun 19, 202446 minEp. 1085
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