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    Business

    Crain’s Daily Gist

    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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    Latest Episodes:
    11/19/25: Johnson's head tax revival dealt setback Nov 18, 2025
    Show notes

    The city Finance Committee voted down Mayor Johnson's revenue plan, dealing a significant blow to his 2026 budget. Crain’s politics reporter Justin Laurence discusses with host Amy Guth.

    Plus: Hines eyes Boeing's West Loop tower after scuttled Sterling Bay deal, Big Ten's $2.4 billion deal talks extended after pushback, FTC drops fight for injunction blocking GTCR's Surmodics deal and a study finds NIH grant cuts leave hundreds of clinical trials, 74,000 patients in limbo.


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    11/18/25: Homeowners paying for downtown Chicago's woes Nov 17, 2025
    Show notes

    Chicago homeowners have been hit with the steepest property tax bill hike in at least 30 years. Crain’s commercial real estate reporter Danny Ecker talks with host Amy Guth about contributing factors.

    Plus: Chicago trading floor gets second act powering AI-led future, downtown Chicago apartment rents jump again amid supply crunch, crypto firm's Burling Bank bid ready for state ruling and U of I bids out the next two buildings at quantum park.


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    11/14/25: A 'gut punch' to intoxicating hemp biz Nov 14, 2025
    Show notes

    Tucked inside the massive bill to end the government shutdown, a ban on hemp-derived THC products. Crain’s cannabis reporter John Schroyer discusses the fallout from the ban with host Amy Guth.

    Plus: Johnson unveils amended budget to a skeptical City Council, AbbVie reportedly exits $1.5 billion longevity drug deal with Calico, big Chicago systems win out as three hospitals slide to F grades in Leapfrog report and Michelin just stripped Alinea of its three-star status.


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    11/13/25: Record year for Chicago's high-end homes Nov 12, 2025
    Show notes

    Crain’s residential real estate reporter Dennis Rodkin and host Amy Guth discuss the latest news from the local housing market, including luxury home sales breaking an annual record with weeks still to go in 2025.

    Plus: Walgreens lists massive Old Post Office space for sublease, BDO claims it was impossible to detect alleged fraud at First Brands, owner of former Rainforest Cafe building facing foreclosure suit and Chicago lands another quantum computer maker.


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    11/12/25: Apartments market rides rising rent Nov 11, 2025
    Show notes

    Crain’s commercial real estate reporter Rachel Herzog joins host Amy Guth to discuss the latest deals around Chicago's rental market and supply's impact on rents.

    Plus: Walgreens cuts pay for store workers after $10 billion buyout, Zurich moving downtown office to Willis Tower, Volkswagen defies dealership protests with plan to begin Illinois warranty fees and FAA curbs private jet use at O'Hare amid air capacity crunch.


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    11/11/25: Anxiety about immigration raids takes its toll Nov 10, 2025
    Show notes

    Advocates say anxiety around ICE raids is taking toll on Chicago's mental health resources. Crain’s health care reporter Jon Asplund discusses with host Amy Guth.

    Plus: Private-label giant TreeHouse Foods acquired in $2.9 billion deal, Illinois awaits word on $1 billion in Big Beautiful Bill cash for rural hospitals, Sterling Bay's Lincoln Park life sciences building selling for medical office conversion and PNC opening 25 new Chicago locations as part of $2 billion branch expansion.


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    11/7/25: Chicago chain taps into protein craze Nov 07, 2025
    Show notes

    Chicago fast-casual chain Protein Bar is cashing in in on America's protein obsession. Crain's restaurants reporter Ally Marotti talks with host Amy Guth about the chain’s growth strategy and diner demands.

    Plus: Allstate profit more than triples in the third quarter, World Business Chicago reboots economic development strategy, Johnson defends budget plan despite warning of credit downgrade and electrical equipment maker lays off 185 in shift from Illinois to Indiana.


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    11/6/25: 17,000 Cook County homebuyers share tax hindrance Nov 05, 2025
    Show notes

    Crain’s residential real estate reporter Dennis Rodkin and host Amy Guth discuss the latest from the local housing market, including Cook County tax bill delays causing homebuyer headaches.

    Plus: The suite of health care bills passed by Illinois lawmakers, AAR inks big office lease at Merchandise Mart, GoHealth plans to cut nearly 500 more jobs and former Mayor Daley creates merchant bank with son and longtime associate.


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    11/5/25: Cboe resets its sights for growth Nov 04, 2025
    Show notes

    Cboe is restructuring to capitalize on surging U.S. options trading and has tapped an industry veteran to lead its new retail trading segment. Crain’s finance reporter Mark Weinraub discusses with host Amy Guth.

    Plus: City Council calls special meeting to grill Ernst & Young over budget audit, quantum park developers seek IEPA sign-off to begin work, Chicago Fed's Goolsbee more worried by inflation than job market and Manny's Deli steps in to support SNAP recipients amid federal shutdown.


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    11/4/25: Chicago's uneven development landscape Nov 03, 2025
    Show notes

    Neighborhood development throughout the city continues to be lopsided. Crain's assistant managing editor Cassandra West joins host Amy Guth to talk about the most recent Forum’s focus on equitable development.

    Plus: Chicago school board approves controversial $175 million pension payment to the city, AbbVie raises outlook on strong sales of mainstay drugs, New York firm picks up Niles shopping center for $40 million and Cameo sues OpenAI over trademarked name.


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