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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:

05/16/24: Downtown Chicago's big condo chill May 15, 2024

Show notes

Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to talk news from the local housing market, including sellers facing the reality of a downtown condo slump while other luxury markets soar.

Plus: Museum of Science & Industry finally rebrands under Ken Griffin's name, McDonald's sells $1 billion of bonds as debt set to mature, Justice Department finds Boeing breached prosecution deal over Max crashes, owner of River North apartments gets $19 million refinancing, and Foxtrot and Dom's file for bankruptcy.

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05/15/24: How Johnson has wielded power so far May 14, 2024

Show notes

One year into his mayorship, Brandon Johnson touts he's built inroads with Chicago's business community. Crain’s politics reporter Justin Laurence and host Amy Guth recap his time in office up to now and look ahead at headwinds awaiting him in year two.

Plus: Kraft Heinz explores a sale of Oscar Mayer; airlines, including United, sue Transportation Department over fee-disclosure rules; big LaSalle Street tenant eyes move to Wacker Drive; and Chicago's largest public companies list sees a shake-up in rankings.

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05/14/24: The City Club's new look May 13, 2024

Show notes

With new leadership, a more diverse board and the lifting of the governor's freeze-out, the City Club of Chicago has a new lease on life. Crain's political columnist Greg Hinz talks with host Amy Guth about how the public affairs discussion group could be getting its mojo back.

Plus: Trump may owe $100 million from double-dip tax breaks on Chicago tower, Chicago Fed chief says not much evidence of inflation stalling out, Oak Brook office landlord hit with $25 million foreclosure lawsuit, T-Mobile and Verizon reportedly plan to divide up U.S. Cellular and Foxtrot assets sell for $2.2 million at auction.

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05/13/24: Heightened tensions on Chicago campuses May 10, 2024

Show notes

Congress has called on Northwestern University President Michael Schill to testify amid calls for his ouster. Crain’s education reporter Brandon Dupré talks with host Amy Guth about the situations on Northwestern and other Chicago university campuses over the Israel-Hamas war.

Plus: FAA oversight of United Airlines to be audited by watchdog; Ascension reports cybersecurity incident, possible data breach; investors testing the market with big suburban apartment listings; and one out of every 22 Chicago residents is now a millionaire.

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05/09/24: A 'compact luxury' home experiment May 08, 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 big idea behind a little house, how low mortgage rates factor into the job market and more.

Plus: Legalizing video gambling in Chicago could come with a major hitch; claiming fraud, lender sues migrant shelter landlord; Rivian's first-quarter net loss widens to $1.45 billion; and Foxtrot assets to be sold at auction.

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05/08/24: Seeking a $20 billion quantum-computing campus May 07, 2024

Show notes

The state of Illinois is closing in on what it believes could be the biggest technology project in state history: a $20 billion quantum-computing campus. Crain's reporter John Pletz discusses with host Amy Guth.

Plus: Congress calls on Northwestern University president to testify; UChicago Medicine residents overwhelmingly vote to form union; Boeing faces a new FAA probe — this time of Dreamliner production; and changes expected for the City Club.

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05/07/24: Duly Health's financial outlook May 06, 2024

Show notes

Following layoffs and compensation cuts, Moody's downgraded Duly Health & Care for "deteriorating" performance. Crain's health care reporter Katherine Davis talks with host Amy Guth about the private-equity-backed physicians group's financial outlook.

Plus: Airlines and City Hall reach agreement on O'Hare revamp, Illinois awards 35 new pot-shop licenses, offices near O'Hare with little vacancy hit the market and Endeavor Health posted $470 million surplus last year.

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05/06/24: CTA takes another hit May 03, 2024

Show notes

The embattled Chicago Transit Authority is taking another hit from Springfield, this time from a bill that would dramatically change the face of mass transit around the city and who controls it. Crain's political columnist Greg Hinz discusses the issue with host Amy Guth.

Plus: A deal to restore peace at Northwestern is sparking more friction, mostly empty former Salesforce office property hits the market, owner of homeless shelter near Mag Mile files for bankruptcy amid foreclosure suit, and Rivian will add over 500 jobs in Normal to make its new SUV.

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05/02/24: How Rockford became a housing hotbed May 01, 2024

Show notes

Small Midwestern cities dominated the latest list of hot home markets, with Rockford at the top. Crain’s residential real estate reporter Dennis Rodkin explains the phenomenon to host Amy Guth.

Plus: The impact of rescheduling marijuana, Walgreens stock lashed, Loop office tower owner hit with $276 million foreclosure lawsuit and Jewish groups, including the Anti-Defamation League, call for President Schill's ouster at Northwestern.

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05/01/24: ShotSpotter's competition gets in line Apr 30, 2024

Show notes

Another gunshot detection company is looking for a way in with the city. Crain’s politics reporter Leigh Giangreco and host Amy Guth discuss ShotSpotter’s uncertain fate in Chicago.

Plus: Peeling back the sticker price on Bears stadium reveals even more costs, Foxtrot and Dom’s suppliers face fallout from abrupt closures, three Chicago-area bridges among the most vulnerable in the U.S. and American dropping some global flights on Boeing 787 delays.

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