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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:

11/13/24: Bears ponder shifting stadium plans Nov 12, 2024

Show notes

The Bears are reconsidering the former Michael Reese hospital site for a new stadium. Crain’s politics reporter Justin Laurence discusses with host Amy Guth.

Plus: A West Loop office developer defies ugly market with new debt, Pitchfork Music Festival’s Chicago exit, the city’s largest accounting firms see decreasing headcounts among major players and why Chicago's in the race to be a leader in eco-friendly jet fuel.

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11/12/24: New health insurance landscape in Illinois Nov 11, 2024

Show notes

With open enrollment underway, Illinois' insurance agency is in the midst of establishing a state-based health insurance exchange it says could help fill coverage gaps and lower plan costs. Crain’s health care reporter Katherine Davis discusses with host Amy Guth.

Plus: Vizient bulks up at Old Post Office while Uber shrinks, Portillo's appears to be heeding its activist investor's advice, AbbVie tumbles after new schizophrenia drug fails trials, Baxter cuts guidance on hurricane-related plant shutdown and a mixed-income apartment tower trades for $55 million in Lincoln Park.

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11/11/24: What Kaegi's Loop reassessment reveals Nov 08, 2024

Show notes

Cook County assessor Fritz Kaegi reassesses the Loop, completing the city assessment cycle. Danny Ecker discusses with host Amy Guth.

Plus: A majority of City Council wants to vote down $300 million property tax hike, the Fed cuts interest rates for 2nd-straight meeting to support economy, LaSalle Street redevelopment set for $98 million TIF subsidy and Lincoln Square residents vote to end century-old booze ban.

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11/07/24: Harsh implications for Johnson, Pritzker after election Nov 06, 2024

Show notes

Crain’s political columnist Greg Hinz joins host Amy Guth to analyze election results and what they likely mean for Chicago and Illinois.

Plus: Crain’s residential real estate reporter Dennis Rodkin discusses local housing market news, Walgreens agrees to pay $100 million to settle drug overcharging claims, Discover brings on new legal chief amid Capital One merger review, NielsenIQ considers an IPO at a valuation close to $10 billion and cannabis stocks wilt after Florida legalization fails.

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11/06/24: Banks try to head off Illinois swipe fee change Nov 05, 2024

Show notes

A lawsuit from the banking industry argues an Illinois credit card swipe fee law interferes with a federal law granting banks leeway on the charges they issue. Crain’s finance reporter Mark Weinraub discusses the case with host Amy Guth.

Plus: Choose Chicago eyes extra downtown hotel charge to boost budget, Tempus buying genetics lab company for $600 million, organizers say out-of-towners flocked to Lolla and boosted Chicago's gains this year and court documents claim Motorola was hacked by Chinese military.

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11/05/24: What went wrong at True Value Nov 04, 2024

Show notes

Crain's retail reporter Ally Marotti joins host Amy Guth to discuss how Chicago hardware retailer True Value went bankrupt.

Plus: Brandon Johnson says he was in the dark on CPS board pick's comments because of a vetting "gap," riverfront office tower owner hit with one of the city’s biggest foreclosure suits ever, Shore Capital in talks over $8.6 billion pet-care deal, child care has gotten more affordable in Chicago and United eyes record year as traders pile back into airline stocks.

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11/04/24: The next budget riddle Johnson must solve Nov 01, 2024

Show notes

With the mayor's $17.3 billion budget unveiled, Crain’s politics reporter Justin Laurence and host Amy Guth break down its contents and challenges he will face getting it through the City Council.

Plus: Google reveals plans for revamped Thompson Center atrium, Chicago school board president resigns at Johnson's request, Cubs and feds settle Wrigley Field accessibility lawsuit and a sign development site prices may be tipping downward in Fulton Market.

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10/31/24: Chicago homebuyers feeling the affordability crunch Oct 30, 2024

Show notes

Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to read the tea leaves in the latest batch of Chicago housing market data.

Plus: Mayor Brandon Johnson proposes $17.3 billion budget with $300 million property tax hike, city panel OKs signage changes for Mag Mile and State Street, new study finds Peoples Gas pipeline program to cost another $12.8 billion and AbbVie lifts profit outlook as anti-inflammatory drugs Rinvoq and Skyrizi beat estimates

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10/30/24: Buzzer-beater for Hawks, Bulls streaming deal Oct 29, 2024

Show notes

Crain's media reporter Pawan Naidu joins host Amy Guth to discuss Chicago Sports Network’s deal with streaming service Fubo.

Plus: Walgreens lays off 250 workers in latest round of cuts; Boeing raises $21 billion in capital to repair balance sheet; Stephanie Izard and Boka are planning a Northern California restaurant; community activists aren't sold on quantum park's promises just yet; and Pepsi closes South Side plant without warning, leaving at least 79 workers without jobs.

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10/29/24: High stakes for McDonald's in E. coli response Oct 28, 2024

Show notes

Crain’s restaurants reporter Brandon Dupré talks with host Amy Guth about McDonald’s race to contain fallout from the recent E. coli outbreak.

Plus: New CPS board president won't say if board will fire CEO, massive Wacker Drive tenant isn't cutting back on office space, Ascension and Prime delay review for $375M hospital sale and New York antitrust probe could slow down Capital One-Discover deal.

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