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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:
    07/11/24: The most bang for first-time homebuyers' buck Jul 10, 2024
    Show notes

    Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to discuss news from the local market, including another apartment building going condo in River North and how Chicago gives first-time homebuyers the most buying power among big U.S. cities.

    Plus: Mariano's and Jewel parents plan to divest 35 stores in Illinois to secure merger, untangling the 'ComEd Four' case will take months, Napleton lawsuit claims Hyundai pushed fake EV sales reporting scheme and Deere layoffs mount in the Quad Cities.


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    07/10/24: Car dealers in the dark for weeks Jul 09, 2024
    Show notes

    Cyberattacks on CDK Global led to a massive shutdown for thousands of auto dealerships in North America. Mark Hollmer, reporter for Crain’s sister publication Automotive News, talks with host Amy Guth about the saga and what lies ahead for the Hoffman Estates-based software company.

    Plus: Aon is slashing its suburban office space with Bannockburn move; United Airlines jet loses wheel in repeat of March incident; a new name, look and mission for Amalgamated Bank of Chicago; and Mayor Brandon Johnson spikes threat to his control over City Council meetings.


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    07/09/24: How Dom's went under Jul 08, 2024
    Show notes

    Crain's retail reporter Ally Marotti joins host Amy Guth to discuss what went wrong with the upscale Chicago grocer Dom's Kitchen & Market.

    Plus: Mag Mile landlords get the OK to tax themselves — but not without a delay; Boeing to plead guilty to fraud for violating deal over crashes; Invenergy expands HQ again on Wacker Drive; Illinois ends fiscal year with extra cash on hand; and Discover settles class actions tied to credit card misclassifications.


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    07/08/24: Top-crust home sales defy the market Jul 03, 2024
    Show notes

    Crain’s residential real estate reporter Dennis Rodkin chats with host Amy Guth about upper-end home sales and a Frank Lloyd Wright home stuck in foreclosure limbo.
    Plus: Supreme Court denies review of Illinois gun appeals, lender looks to unload distressed JW Marriott Chicago, Jelly Belly shuttering North Chicago plant and Illinois notches a win and a loss in feds' contest for big research grants.


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    07/03/24: Rougher waters ahead for Walgreens Jul 02, 2024
    Show notes

    The outlook for Walgreens Boots Alliance keeps darkening with CEO Tim Wentworth presenting investors with an uncertain picture filled with headwinds. Crain’s health care reporter Katherine Davis talks with host Amy Guth about challenges ahead for the pharmacy giant — plus, an update on Howard Brown Health.

    Plus: Weeks after bombshell report, Guaranteed Rate board hasn't met to discuss founder's leadership; Deere reportedly laying off hundreds amid decline in farming demand; dealerships sue CDK for 'negligence in protecting users of its systems,' downtown arts college shutting down; and developer nears $1B refinancing for portfolio that includes 5 Chicago towers.


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    07/02/24: City ponders new taxes Jul 01, 2024
    Show notes

    A City Council subcommittee is considering a slew of new ideas to raise revenue, including a grocery tax, service tax and more. Crain’s reporter Justin Laurence talks with host Amy Guth about some options on the table.

    Plus: Boeing fraud charge and Spirit deal lay bare scope of crisis, Boots CEO reportedly leaving after Walgreens drops plan to sell, Citadel buys Goldman alum's company to trade power in Japan, and developer reviving former AT&T campus lands new largest tenant.


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    07/01/24: The strange, fraudulent tale of Outcome Health Jun 28, 2024
    Show notes

    After Outcome Health executives’ recent sentencing in federal court, Crain’s technology reporter John Pletz talks with host Amy Guth about the Chicago company’s journey from local startup darling to its founders' fraud convictions.

    Plus: Walgreens shares plunge on outlook cut and plans for more store closings; Mayor Brandon Johnson reportedly had a CTU helping hand in drafting letter to Springfield; AbbVie buys drug developer Celsius Therapeutics for $250 million; Northwestern releases athletics accountability report led by ex-AG Loretta Lynch; and according to Crain’s survey voters oppose Bears' stadium pitch by a 2-1 margin — but there's more to the story.


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    06/27/24: New high marks for Chicago's housing market Jun 26, 2024
    Show notes

    Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to talk Chicago-area housing news, including how home prices here hit a new record high and details on properties on the market like one designed by a member of the band OneRepublic.

    Plus: SCOTUS accuses feds of "vague and unfair trap" in ruling with implications for Madigan, Volkswagen invests $5 billion in Rivian to form EV joint venture, Sterling Bay looks to sell another Fulton Market development site and Ken Griffin gives $10 million to Northwestern Medicine.


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    06/26/24: Illinois' place in a post-Roe U.S. Jun 25, 2024
    Show notes

    Illinois abortion providers report seeing an influx of patients since the Dobbs v. Jackson decision two years ago, effectively kick-starting the transformation of abortion law across the country. Crain’s health care reporter Katherine Davis discusses with host Amy Guth. Plus: Vote on Sterling Bay project at heart of aldermanic prerogative fight delayed, Thoma Bravo is exploring a sale of Canadian auto marketplace Trader, Jump Trading's crypto chief is stepping down and Northwestern breaks ground on new stadium after rocky path to approval. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.


    06/25/24: Johnson takes on a City Council tradition Jun 24, 2024
    Show notes

    Mayor Brandon Johnson won the first round of a fight with local Ald. Scott Waguespack over a residential project near Lincoln Yards. Crain’s politics reporter Justin Laurence talks with host Amy Guth about the development and the city’s potentially shifting custom of aldermanic prerogative.

    Plus: Former Ald. Ed Burke sentenced to 24 months in prison, American Express buying Tock for $400 million, RXO agrees to buy Coyote Logistics for $1 billion and federal prosecutors reportedly recommend DOJ criminally charge Boeing.


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