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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:

09/04/24: Chicago faces serious belt tightening next year Sep 03, 2024

Show notes

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 by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

09/03/24: DNC was feast or famine for restaurants Aug 30, 2024

Show notes

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.

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08/29/24: Hot stretch for Chicago housing market Aug 28, 2024

Show notes

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.

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08/28/24: Restaurants' tool to reduce sticker shock Aug 27, 2024

Show notes

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 leave to launch their own.

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08/27/24: Illinois at center of one of Dems' linchpin strategies Aug 26, 2024

Show notes

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 in 2025.

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08/26/24: The fun part's over for Democrats Aug 23, 2024

Show notes

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 printing affordable housing.

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08/22/24: Pritzker gets his prime-time limelight Aug 21, 2024

Show notes

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 Standard International for up to $335 million, Ford cancels plans for electric SUV and a River North office skyscraper owner pays off $431 million loan.s off $431 million loan.

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08/21/24: Rush points to health inequity during DNC Aug 20, 2024

Show notes

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 case against Albertsons acquisition and developers plan warehouse-to-apartment conversions in the West Loop.

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08/20/24: Johnson ally sows confusion with DNC parties Aug 19, 2024

Show notes

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.

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08/19/24: Mars growing its domain in the snack aisle Aug 16, 2024

Show notes

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 admissions at public universities.

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