Crain's health care reporter Katherine Davis talks with host Amy Guth about the owner of a Chicago COVID testing lab’s guilty plea over a $14 million fraud scheme and the biotech startup out of Northwestern that just landed new funding . Plus: Pritzker leading trade mission to Japan, Metra considers expanding service from Union Station to O'Hare, Walgreens to launch student loan 401(k) match program and a Harry Potter concept and Spanish fashion chain coming to the Mag Mile. Hosted by Simplecast...
Oct 04, 2024•18 min•Ep. 1144
Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market, including a Lincoln Park mansion sale marking the second-highest price in the city so far this year. Plus: State Farm braces for losses from Hurricane Helene, Boeing weighs raising at least $10 billion selling stock, local venture pays $93 million for Fulton Market apartments and University of Chicago's business school gets $60 million donation. Hosted by Simplecast, an AdsWi...
Oct 02, 2024•36 min•Ep. 1143
Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about an anti-gentrification ordinance giving rare power to tenants over building sales. Plus: Byline Bank and Wirtz family's First Security announce merger, judge rebuffs citizen lawsuit against Gotion plant but leaves door open, Alinea Group co-owner Nick Kokonas sells ownership stake and United Airlines approaches 20-year high at O'Hare. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information...
Oct 01, 2024•17 min•Ep. 1142
Data indicates crime rates are down . Crain’s contributor Steve Hendershot talks with host Amy Guth about why it might not feel that way. Plus: Some of United's 737s had rudders at risk of jamming, safety board warns; contract pharma manufacturer putting $146 million into big expansion in Rockford; Illinois computer science programs are enrolling far more women; and Amtrak's Chicago to Miami route is just one big construction detour. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com ...
Sep 30, 2024•31 min•Ep. 1141
Chicago’s pandemic exodus was a thing, but not as much as it first seemed . Crain’s reporter John Pletz tells host Amy Guth how IRS data shows there’s a lot more to the story. Plus: Millionaire's tax could reportedly raise $4.5 billion for property tax relief, Michael Sacks and Richard Price leave World Business Chicago board, UChicago gets anonymous $100 million donation to support free speech and Dick Durbin ramps up pressure on airlines' frequent-flyer programs. Hosted by Simplecast, an AdsWi...
Sep 27, 2024•25 min•Ep. 1140
Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to talk news from the local market, including his four insights from the latest Chicago housing data. Plus: Real estate pros survey suggests alternative ideas to spending $1 billion of public money on stadiums; Rivian launches pre-owned vehicle sales, joining Tesla in growing used EV market; U of I lands $10 million donation for new science center and, with the state, names quantum-research park board of directors; and th...
Sep 25, 2024•42 min•Ep. 1139
As Walgreens flounders, so does the fortune of its top stakeholder, Stefano Pessina. Crain’s health care reporter Katherine Davis talks about the pharmacy giant's struggles with host Amy Guth. Plus: Boeing union balks at sweetened pay offer to workers, Trump vows to hit Deere with tariffs if jobs move to Mexico, landlords have reason to be optimistic even as downtown apartment rents have flattened out and how much money you need to be a middle-class Chicagoan. Hosted by Simplecast, an AdsWizz co...
Sep 24, 2024•25 min•Ep. 1138
Three years after it took over a handful of run-down Save A Lots on the South and West sides, grocery operator Yellow Banana has opened its first renovated store . Crain's retail reporter Ally Marotti talks about the West Garfield Park opening and the branding headwinds facing the company. Plus: White House picks Monroe Capital to develop $1 billion fund for auto suppliers, Caterpillar joins Ford and Lowe's in diversity rethink as backlash grows, private-equity firms see growing profitability in...
Sep 23, 2024•19 min•Ep. 1137
With the Federal Reserve lowering interest rates by a half percentage point, Crain’s finance reporter Mark Weinraub talks with host Amy Guth about the local implications of the move. Plus: Amazon closing Goose Island fulfillment center, one of the first it opened in Chicago; electronic trading firm set to leave LaSalle Street for West Loop; Boeing girds for long strike as gig economy gives workers clout; and Tavern on Rush sets the opening date for its new location. Hosted by Simplecast, an AdsW...
Sep 20, 2024•23 min•Ep. 1136
Crain’s residential real estate reporter Dennis Rodkin chats with host Amy Guth about news from the local market, including Michael Jordan’s mansion going under contract after sitting on the shelf since 2012. Plus: United Center owners detail apartments, hotel vision for 1901 Project; Florida firm nears discount deal for distressed Loop office tower; North Shore Tesla facility trades hands for almost $30 million; O'Hare and Midway slip in the latest J.D. Power rankings; and Chicago biotech incub...
Sep 18, 2024•54 min•Ep. 1135
Chicago's food halls have entered a new era . Crain's restaurants reporter Ally Marotti talks with host Amy Guth about the post-pandemic business model. Plus: Michael Jordan’s mansion finally lands a buyer, Boeing freezes hiring and mulls furloughs after workers strike, property insurance rates fall for first time since 2017 and Outcome Health founder Rishi Shah will remain free on bail during appeal. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collect...
Sep 17, 2024•23 min•Ep. 1134
Big financial institutions are rethinking their approach to diversity . Crain’s finance reporter Mark Weinraub talks with host Amy Guth about the backlash against DEI initiatives and possible implications for the industry's talent pipeline. Plus: Walgreens pays $107 million over prescription billing fraud claims; EPA knocks ADM for leaking 8,000 metric tons of CO2 underground; with contract attorneys on the rise, staffing firm Latitude opens Chicago office; and a developer proposes 243-unit cond...
Sep 16, 2024•20 min•Ep. 1133
Crain's restaurants and retail reporter Ally Marotti talks with host Amy Guth about Foxtrot’s return to Chicago and Lettuce Entertain You’s expansion to the suburbs . Plus: United bets on SpaceX for faster, free Wi-Fi; Big Four accounting firm PwC laying off 1,800 employees; appeals court tosses out $564M verdict against BMO Harris; and Wacker Drive landlord nears massive anchor tenant deal, inks Capital One extension. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information...
Sep 13, 2024•24 min•Ep. 1132
Crain’s residential real estate reporter Dennis Rodkin and host Amy Guth recap news from the local market, including a UChicago professor's look at how housing shaped race in the 20th century, and a mansion built by the father of modern advertising that’s on market for the first time since the early 1990s. Plus: Michelin adds three Chicago restaurants to its guide; McDonald's rolls out kiosks that take cash, pushing diners away from cashiers; Southwest Airlines cuts more flights at O'Hare, with ...
Sep 11, 2024•48 min•Ep. 1131
As Mayor Brandon Johnson halts citywide hires and reorganizes his staff, the Fifth Floor's chief City Council liaison and two of her staff hand in their resignations . Crain’s politics reporter Justin Laurence discusses with host Amy Guth. Plus: The Art Institute of Chicago receives one of its largest donations ever; TransUnion fined by SEC for whistleblower violation; steel-conduit plant to close, eliminating 237 jobs on the Southwest Side; and Deloitte survey finds half of all women in the U.S...
Sep 10, 2024•15 min•Ep. 1130
As Illinois puts up a half-billion dollars in its bid to make Chicago a world capital for quantum computing, Crain's technology reporter John Pletz joins host Amy Guth to look at some local players in the emerging space. Plus: South suburban towns get crushed by the weight of heavy property taxes; big South Loop apartment development up for sale; Southern Illinois University Carbondale sees enrollment gains, bucking trends; and target for the O'Hare terminal revamp quietly slips to 2034. Hosted ...
Sep 09, 2024•30 min•Ep. 1129
Cook County Assessor Fritz Kaegi is calling for a property tax bailout for low-income homeowners. Crain’s commercial real estate reporter Danny Ecker discusses with host Amy Guth. Plus: Bears CEO on stadium pitch, big Schaumburg shopping center trades for $93 million, Edelman adds Nikki Haley to public affairs division and feds are probing big airlines' loyalty programs. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data fo...
Sep 06, 2024•22 min•Ep. 1128
Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to talk news form the local market, including the National Association of Realtors saying it will take its fight with the Department of Justice to the U.S. Supreme Court. Plus: Molson Coors joins Ford, Deere and Harley in nixing DEI goals; Blue Cross parent tries to simplify health plans with no deductible, no coinsurance option; city of Chicago's LaSalle Street landlord surrenders building to lender; and in Ravinia v. Ra...
Sep 04, 2024•38 min•Ep. 1127
To plug a nearly billion-dollar budget gap, Mayor Brandon Johnson may reverse his campaign pledge on property taxes. Crain’s politics reporter Justin Laurence talks with host Amy Guth about the options on the table for the city. Plus: Foxtrot is reopening its first Chicago store this week, DNC week proved "solid" for downtown hotels, rival buying Kroger-Albertsons stores got "worst chains" like Mariano's and NASCAR says it will return to Grant Park in 2025, but stays noncommittal on 2026. Hosted...
Sep 03, 2024•22 min•Ep. 1126
How did Chicago's dining scene fare during the Democratic National Convention? Depends who you ask . Crain's restaurants reporter Ally Marotti discusses with host Amy Guth. Plus: Shareholder suit claims Walgreens leadership covered up poor pharmacy numbers, Ulta Beauty cuts sales outlook on slowing demand, Harry Caray's most famous line is the focus of a new trademark lawsuit and Northwestern University taps new athletic director. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for...
Aug 30, 2024•20 min•Ep. 1125
Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about his latest takeaways from new market data. Plus: Fed minutes show Chicago and New York chiefs favored a July discount rate cut, exec affirms in merger hearing Kroger hiked milk and egg prices above inflation, another major drug distributor drops AbbVie's Humira and Revival Food Hall gets a new name with more breakfast and a bigger happy hour. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for inf...
Aug 28, 2024•40 min•Ep. 1124
Neighborhood restaurant owners are trying a new approach to the wine list to win back diners burned by the rising cost of eating out. Crain's restaurants reporter Ally Marotti discusses with host Amy Guth. Plus: The IT meltdown that idled auto dealers this summer didn't leak data, software maker says; DEA delays cannabis rescheduling until after election to hold hearing; Rothschild plans to close Chicago office and relocate staff to New York; and two longtime partners at Pritzker venture fund le...
Aug 27, 2024•21 min•Ep. 1123
Crain’s health care reporter Katherine Davis talks with host Amy Guth about Illinois’ role in reproductive care nationwide and how personal it is for some legislators like U.S. Sen. Tammy Duckworth. Plus: Kroger-Albertsons deal heads to court with food prices in focus, Loop office tower could be back on track for residential conversion, Roti files for Chapter 11 bankruptcy, Christkindlmarket bumped out of Wrigley Field this year and passengers can catch a coastal cruise from Navy Pier starting i...
Aug 26, 2024•20 min•Ep. 1122
After a successful Democratic National Convention, it's back to work this week for the party. Crain’s politics reporter Justin Laurence joins host Amy Guth to talk what's next for pols around Chicago. Plus: Powell says the "time has come" for Fed to cut interest rates, O'Hare plans to sell $1 billion in bonds as terminal project moves ahead, enrollment cliff has Illinois' public universities seeing red, the state's vision for Peotone airport includes some surprises and downstate Cairo is 3D prin...
Aug 23, 2024•30 min•Ep. 1121
From Gov. J.B. Pritzker's much sought-after time in front of a national audience to Sen. Tammy Duckworth getting a few jabs in on Donald Trump and blistering messages from the Obamas , Crain’s politics reporter Justin Laurence and host Amy Guth recap the major events of the DNC's first days. Also, Crain’s residential real estate reporter Dennis Rodkin discusses news from the local housing market, including a big change in how residential real estate commissions are assigned . Plus: Hyatt to buy ...
Aug 21, 2024•53 min•Ep. 1120
With the Democratic convention underway, Chicago's biggest hospital aims to bring attention to health care inequality by openly asking the public a stark question near the United Center. Crain’s health care reporter Katherine Davis discusses that and union action on the Illinois Medical District during the convention with host Amy Guth. Plus: Johnson plays both progressive leader and city host at the convention, UAW president calls out Stellantis on Belvidere plant, Kroger seeks to block FTC cas...
Aug 20, 2024•24 min•Ep. 1119
A confidant of Mayor Brandon Johnson sparked concern among corporate donors by soliciting significant contributions to a political nonprofit planning to throw a week’s worth of DNC events. Crain’s politics reporter Justin Laurence discusses with host Amy Guth. Plus: J.B. Pritzker's turn as DNC host vaults him to national stage, Cboe looks to return $500 million to investors, new entertainment concept planned at former Lawry’s space and activist investor takes stake in Portillo's. Hosted by Simpl...
Aug 19, 2024•26 min•Ep. 1118
The candy giant Mars is moving in to buy Chicago snack maker Kellanova for an eye-popping $36 billion . Crain's reporter Ally Marotti talks with host Amy Guth about the companies’ timeline, potential roadblocks and Kellanova CEO Steve Cahillane’s $81.4 million exit plan . Plus: Rivian pauses output of Amazon’s EV delivery van on parts shortage, bank biz sues Illinois over first-of-its-kind change to credit card fees, Mag Mile retail property handed over to lender and Illinois bans legacy admissi...
Aug 16, 2024•23 min•Ep. 1117
Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth to recap news from the local market, including the Chicago area's highest-priced home for sale — a $35 million lakefront Winnetka mansion . Plus: Mars buys Chicago snack maker Kellanova in $36 billion deal, Hobson's out as Starbucks chair as board jettisons CEO, private-equity firms gear up for deals after slow start to the year and how Chicago smashed its fundraising goal for the DNC. Hosted by Simplecast, an AdsWiz...
Aug 14, 2024•38 min•Ep. 1116
The family that bought Oberweis Dairy has also been grabbing pieces of Mackinac Island and is working to patch up a ferry fleet in dire straits. Crain’s Grand Rapids Business reporter Rachel Watson discusses with host Amy Guth. Plus: Snelling says CPD will intervene the "moment" DNC protests turn violent; Bears surveying fans on what they want from a new stadium; Carlyle to buy Baxter's kidney-care unit for $3.8 billion; Northwestern lands naming rights deal for temporary lakefront stadium; and ...
Aug 13, 2024•25 min•Ep. 1115