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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:

10/09/24: Japanese medtech expanding in Chicago Oct 08, 2024

Show notes

Crain’s health care reporter Katherine Davis joins host Amy Guth to talk about the medical device subsidiary of a Japanese company expanding its operations here with a $20 million commitment and promise to hire 100 more workers.

Plus: City Council members push back as Johnson appoints new CPS board, McDonald's alleges major beef companies fixed prices in new lawsuit, Shore Capital raises $1.9 billion for three investment funds and a Rivian misstep triggered the parts shortage that's hobbling its EV output.

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10/08/24: Sheer scale of South Works quantum megaproject sets in Oct 07, 2024

Show notes

Plans for the quantum campus in South Chicago reveal a site more than four times bigger than Lincoln Yards. Crain’s commercial real estate reporter Danny Ecker talks with host Amy Guth about the site and its potential impact.

Plus: Chicago Mayor Brandon Johnson unveils picks to replace school board after mass resignation, Rivian seeking federal loan to restart Georgia EV plant project, Stellantis sues UAW to stop strike over plant investments and Walgreens to pay $80 million in Baltimore opioid settlement.

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10/07/24: A $14M phony COVID test scheme Oct 04, 2024

Show notes

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.

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10/03/24: Chicago's second-biggest home sale in 2024 Oct 02, 2024

Show notes

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.

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10/02/24: Flipping the gentrification script Oct 01, 2024

Show notes

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.

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10/01/24: Crime in Chicago is down. Why doesn't it feel that way? Sep 30, 2024

Show notes

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.

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09/30/24: Not everyone heeded South Beach's siren song Sep 27, 2024

Show notes

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.

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09/26/24: Housing stock tightening in the city Sep 25, 2024

Show notes

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 the Chicago Marathon touts record-breaking $547 million economic impact for 2023 race.

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09/25/24: Walgreens chairman watches fortune shrink Sep 24, 2024

Show notes

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.

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09/24/24: South, West Side grocer tries to salvage reputation Sep 23, 2024

Show notes

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 affordable housing, and Bulls and Blackhawks eliminating plastic bottles for upcoming seasons.

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