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Crain’s Daily Gist — 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.

Latest Episodes:

05/23/25: Demand for European summer travel is wobbly May 23, 2025

Show notes

Summer vacation travel to and from Europe looks weak, an ill sign for airlines, Chicago tourism and O’Hare. Crain's reporter John Pletz discusses with host Amy Guth. Plus: Investors rescue Lion Electric from bankruptcy but idled Joliet plant will remain dark, pharmas push back as deadline looms for contentious drug discount bill, Bison Gear to lay off 167 workers in St. Charles and Wrigley Field close to landing 2027 All-Star Game. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

05/22/25: Dolton wants to seize Pope Leo's home May 21, 2025

Show notes

Crain's residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market, including Dolton's plan to take Pope Leo XIV's childhood home through eminent domain.

Plus: The Red Line extension is now a $5.75 billion gamble for the CTA and taxpayers, Motorola Solutions nears $4.5 billion deal for radio maker Silvus, developer proposes residential redevelopment at Blue Man Group's longtime Lakeview home and Northwestern's Kellogg School launching new program for veterans.

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05/21/25: Chicago reverses population slide May 20, 2025

Show notes

The city's population is growing again. Crain’s reporter John Pletz discusses what’s behind the uptick with host Amy Guth.

Plus: Trump officials launch hiring probe after Johnson touts number of Black advisers, Mesirow raises $1.25 billion fund for multifamily real estate investments, LanzaTech is laying off 44 from its Skokie HQ amid clean energy pullback and Lyft revives pooled rides at O'Hare in push for cheaper trips.

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5/20/25: Rift between Johnson, City Council allies May 19, 2025

Show notes

Members of the progressive coalition that helped bring Mayor Brandon Johnson to the Fifth Floor worry their movement is stalled. Crain’s politics reporter Justin Laurence discusses with host Amy Guth.

Plus: Pathos raises $365 million in funding round, touts $1.6 billion valuation; higher patient volumes at CommonSpirit don't offset losses; Geico opens corporate hub in Merchandise Mart; and lawmakers seek to reverse Illinois law penalizing companies that boycott Israel.

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05/16/25: Bears are back on Arlington Park stadium plan May 16, 2025

Show notes

The Chicago Bears have paused plans for a downtown stadium to focus instead on Arlington Heights. Crain’s commercial real estate reporter Danny Ecker discusses with host Amy Guth.

Plus: Jenner & Block lawyer's security clearance pulled by Trump administration; Kraft Heinz plans $3 billion plant upgrades despite lower profit outlook; another United hub hit by air traffic outage; and with federal action looming, Northwestern hits the gas on lobbying efforts.

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05/15/25: Strong start to 2025 for Chicago new home sales May 14, 2025

Show notes

Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market, including insights form the latest Chicago-area new home sales data and not one but two properties with ties to the new pope.

Plus: Pritzker budget team slashes state's revenue forecast by $536 million, City panel OKs subsidy for 400-unit office-to-apartment conversion, Northwestern facing federal civil rights investigation over alleged discrimination and United Center owners revamping arena's upper suites.

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05/14/25: Street fests are on the brink May 13, 2025

Show notes

Chicago's street festivals are having an existential crisis. Crain's reporter Ally Marotti explains the growing plight to host Amy Guth.

Plus: Chicago taps Loop Capital founder to fix $1 billion budget hole, U of I's scrapped Discovery Partners Institute project in South Loop to undergo state audit, Hub International lands $29 billion valuation in $1.6 billion round and a mixed-income housing plan for old Cabrini grounds lines up $46 million for final phase.

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05/13/25: Johnson touts two years of biz-friendly bona fides May 12, 2025

Show notes

With Brandon Johnson halfway through his first term in office, Crain’s politics reporter Justin Laurence talks with host Amy Guth about his recent conversation with the mayor reflecting on the last two years.

Plus: Stellantis yanks plans for Belvidere battery plant and parts hub; a Texas investor picks up Arlington Heights shopping center; Northwestern medical school cuts and consolidates research centers, including one focused on equity; and largest U.S. grid operator warns extreme heat risks summer power shortages.

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05/08/25: A South Sider runs the Vatican May 09, 2025

Show notes

Chicago’s Robert Prevost made history as Pope Leo XIV, the first U.S.-born pope. Here's a rundown of how the city's brands and residents reacted in the following days.

Plus: Crain’s politics reporter Justin Laurence talks with host Amy Guth about the latest chapter in the Lincoln Yards project saga. And, Michael Polsky's Invenergy awards $1.7 billion as part of largest U.S. power line project, McDermott Will & Emery in merger talks with New York law firm and why Chicago street festivals are struggling.

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05/08/25: Home sellers reaching higher with asking prices May 07, 2025

Show notes

Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about the latest news form the local housing marketing, including how asking prices for Chicago-area homes hit record highs last month.

Plus: Fed urged to reconsider Capital One's $35 billion deal for Discover, Rivian cuts EV delivery forecast and cites tariffs as hurting demand, Raja Krishnamoorthi and Robin Kelly both enter race for Durbin’s seat, imperiled immigrant health programs reportedly help buoy hospitals, Morningstar will now call out lackluster private investments and Grubhub owner Wonder tops $7 billion valuation in new funding.

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