09/01/22: Chicago's housing market goes against big-city trend

07/03/24: Rougher waters ahead for Walgreens: 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. by Crain's Daily Gist

26 min listen

07/02/24: City ponders new taxes: 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. by Crain's Daily Gist

29 min listen

07/01/24: The strange, fraudulent tale of Outcome Health: 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. by Crain's Daily Gist

36 min listen

06/27/24: New high marks for Chicago's housing market: 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. by Crain's Daily Gist

49 min listen

06/26/24: Illinois' place in a post-Roe U.S.: 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. by Crain's Daily Gist

23 min listen

06/25/24: Johnson takes on a City Council tradition: 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. by Crain's Daily Gist

19 min listen

06/24/24: New owner's plans for Oberweis: Oberweis Dairy's new ownership regime officially took the reins at the more than 100-year-old ice cream maker emerging from bankruptcy. Crain's retail reporter Ally Marotti discusses with host Amy Guth. Plus: United Airlines plane turns back after engine piece falls off, Cameo moving HQ back to Fulton Market, Jewel-Osco-anchored retail center on Near West Side nets $31 million and Goolsbee says Fed can cut rates with more inflation reports like last month's. by Crain's Daily Gist

20 min listen

06/20/24: Wrigleyville neighbors try to stop apartment project: Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local market, including a petition trying to block the demolition of three vintage buildings next to Wrigley Field. Plus: First look at the next Cook County budget shows a $218 million gap, Trump changes plans to stay in Milwaukee during RNC instead of Chicago, SEC fines R.R. Donnelley $2.1 million related to ransomware attack and City Hall panel to consider digital billboards on the Riverwalk as revenue source. by Crain's Daily Gist

46 min listen

06/19/24: Infamous Chicago Spire hole gets filled: The foundation left behind by the failed Chicago Spire project will soon be covered as vertical construction on the first phase of Related Midwest's massive two-tower residential development gets underway. Crain’s commercial real estate reporter Rachel Herzog talks about the plans for the Lake Shore Drive construction site with host Amy Guth. Plus: Illinois' ban on "bump stocks" remains in place despite U.S. Supreme Court decision, whistleblower says Boeing lost hundreds of bad 737 parts, feds want Outcome Health's ex-CEO Rishi Shah to do 15 years in prison, eight Northwestern projects land seed funding from Ryan family accelerator and McDonald's won't let AI run its drive-thrus — for now. by Crain's Daily Gist

25 min listen

06/18/24: Growing the violence prevention network: Violence intervention groups are expanding around Chicago, with help from private and public funding. Crain’s reporter Corli Jay talks about the efforts with host Amy Guth. Plus: Ed Burke seeks sentencing delay, FAA probes suspect titanium used in Airbus and Boeing jets, NinjaTrader CEO sees surge in futures trading as tech draws in younger users, bank leaders say real estate pain is still confined to office and a senate bill would jail private-equity execs for health care "looting." by Crain's Daily Gist

22 min listen

06/17/24: A side effect of abortion restrictions: Abortion bans are driving demand for medical residency programs in states like Illinois. Crain’s health care reporter Katherine Davis joins host Amy Guth to discuss the national trend of fledgling doctors looking to gain full accreditation. Plus: Tempus IPO raises $410 million, at top of the range; CTA, Metra and Pace mull day pass for all 3 systems; Northwestern AD who oversaw department beset by scandal stepping aside; Crain’s Fast 50 list of Chicago’s fastest growing companies returns; and dogs will soon fly first class out of Chicago on this new airline. by Crain's Daily Gist

24 min listen

06/13/24: Frank Lloyd Wright home to be restored: Crain's residential real estate reporter Dennis Rodkin joins host Amy Guth to talk news from the local market, including a troubled Frank Lloyd Wright row house that’s found a rescuer and two homes for sale for the first time in roughly a century. Plus: Coach houses and granny flats could soon be allowed citywide, startup Tegus to be acquired for $930M by Trott-backed rival, judge dismisses Madigan-related whistleblower suit against St. Anthony and a city panel approves subsidies for Loop office conversions. by Crain's Daily Gist

46 min listen

06/12/24: Medical debt burden exposes inequity: Crain’s researcher Sophie Rodgers joins host Amy Guth to discuss how medical debt weighs on Chicagoans, even when they're insured. Plus: Chicago weighs up to $3 billion of debt for O'Hare upgrades, Bally's Chicago bounced back in May after a tough April, Boeing delivered 24 jets in May as China compounds 737 Max woes, unfinished school next to St. Regis goes up for sale and Chicago takes home one win at the James Beard Awards. by Crain's Daily Gist

33 min listen

6/11/24: Northwestern's problem in D.C. gets more serious: Congress continues to circle around Northwestern, recently threatening the school with a subpoena for impeding its investigation following President Michael Schill’s appearance on the Hill. Crain’s education reporter Brandon Dupré discusses with host Amy Guth. Plus: Biz leaders give Pritzker, legislators solid marks after spring session; Walgreens shelves plans for Boots IPO; United is making a digital-advertising push; and Hancock tower observation deck operator buys Signature Room space. by Crain's Daily Gist

27 min listen

06/10/24: No more dining in flip-flops: Chicago steakhouses and other high-end restaurants are increasingly implementing dress codes, establishing a new generation of attire requirements in a city that has long sought to curate its fine-dining scene. Reporter Ally Marotti talks about the move, and specific concerns that come with it, with host Amy Guth. Plus: Zurich North America offloads big part of Schaumburg HQ to Wheels; Chicago has third-most Fortune 500 companies in the U.S.; American Dental Association finalizes HQ sale to Lurie, move to Mag Mile; and Chicago Park District expands free internet access in parks. by Crain's Daily Gist

31 min listen

06/06/24: What sets Chicago's downtown price slump apart: Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local market, including Chicago’s sagging downtown home prices and a lawsuit that claims Evanston's reparations program is unconstitutional. Plus: Foxtrot stores will start reopening this summer, Blue Cross parent shedding big office block in East Loop HQ, United throttles back hiring but still is adding thousands of Chicago jobs and Congress expands Northwestern probe over antisemitism. by Crain's Daily Gist

52 min listen

06/05/24: Ascension outsourcing gets senator's attention: One of the U.S. senators investigating private equity’s push into health care is now targeting Ascension Illinois over its move to outsource some hospital staff. Crain’s health care reporter Katherine Davis discusses with host Amy Guth. Plus: IBM eyes a quantum computing play in Chicago, South Loop apartment tower handed over to lender, investor weighing sale of Oak Street retail corner and Boeing 737 deliveries to China still halted amid restart reports. by Crain's Daily Gist

21 min listen

06/04/24: Cannabis vs. craft brewing in Springfield: Amid declining sales, many craft brewers have turned to hemp-derived THC drinks, which just avoided tighter restrictions in the General Assembly despite cannabis companies' lobbying efforts. Crain's consumer products reporter Ally Marotti discusses with host Amy Guth. Plus: Waste Management agrees to buy Stericycle in $7.2B deal, Boeing executives unlikely to be charged for 737 Max crashes, Deere to cut some salaried workers, Fulton Market apartment building set for hotel conversion and Rivian CEO expects U.S. EV growth to pick up with more model choices. by Crain's Daily Gist

19 min listen

06/03/24: A first-of-its-kind carve-out for retailers: A last-minute measure tucked in the Illinois budget meant to give retailers a break is infuriating airlines and credit card companies. Crain’s politics reporter Leigh Giangreco discusses the provision with host Amy Guth. Plus: Michigan Avenue office landlord hit with $29 million foreclosure lawsuit, Oberweis Dairy sold in bankruptcy auction, FAA vows to maintain scrutiny on Boeing, why Amazon now owns a big slice of Grubhub and Columbia College Chicago lays off 70 staffers amid budget crisis. by Crain's Daily Gist

22 min listen

05/30/24: Rising home prices clear two milestones: Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market, including how Chicago-area home prices have doubled since 2000 and the median price of homes sold hit a new record in April, even surpassing the usual peaks in summer months. Plus: After working through the night, state lawmakers finalize $53.1 billion budget; CPS releases schools budget under new funding formula as $391M deficit looms; local investor buys distressed offices next to Oakbrook Center mall; and a South Loop skyscraper development site handed over to lender. by Crain's Daily Gist

45 min listen

05/29/24: Kaegi tips his hand on downtown assessments: Newly released West Loop assessments hint at Fritz Kaegi’s rosier view of downtown offices. Crain’s commercial real estate reporter Danny Ecker talks with host Amy Guth about the first batch of numbers that point to what the Cook County assessor thinks happened with downtown office building values over the past three years. Plus: A look at the new concourse coming to O'Hare, medical waste disposal firm Stericycle is exploring a sale, T-Mobile buying U.S. Cellular assets in $4.4 billion deal and EU slaps Mondelez with price-manipulation fine as, separately, some shareholders say company isn't doing enough on Russia. by Crain's Daily Gist

28 min listen

05/28/24: How Oberweis, and others, went bankrupt: Crain's restaurants and retail reporter Ally Marotti talks with host Amy Guth about recent bankruptcies and closures, including those of Oberweis Dairy, Red Lobster and the parent company of Foxtrot and Dom’s Kitchen & Market. Plus: West Loop assessments show Kaegi's rosier view of downtown offices, change comes to the Duchossois dynasty, condo board terminates $96 million deal to sell Loop tower, Lettuce Entertain You bringing two new concepts to River North and Lagunitas reports layoffs ahead of Chicago departure. by Crain's Daily Gist

26 min listen

05/23/24: The West Loop's priciest home: Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to talk news from around the local housing market, including the second-highest sale price of 2024 and multimillion-dollar Highland Park condos attracting empty-nesters from downtown. Plus: LanzaJet lands $20 million as its green jet fuel prepares for takeoff, Lurie out of the woods after cyberattack, developers propose nearly 1,800 apartments for Fulton Market and Wilson Sporting Goods gives Caitlin Clark a signature basketball line. by Crain's Daily Gist

41 min listen

05/22/24: Protesters prep for the DNC spotlight: From prosecutors to legal coaches for protesters, preparations are underway for the Democratic National Convention this summer in Chicago. Crain’s politics reporter Leigh Giangreco talks with host Amy Guth about lawyers making the rounds with protesters and plans from various agencies, including the Cook County State’s Attorney’s Office. Plus: Legislature looks at tax breaks for quantum computing; WeWork shuttering Fulton Market location, keeping others in Chicago; Tempus, Chicago's biotech darling, files to go public; Fitch lowers the University of Chicago's financial outlook to negative; and U.S. to deploy more than $50 million to shield private hospitals from cyberattacks. by Crain's Daily Gist

26 min listen

05/21/24: A long-awaited day for cannabis biz: The Justice Department has taken initial steps in the formal process to reschedule marijuana as a less dangerous drug. Crain’s cannabis reporter John Pletz talks with host Amy Guth about what the move would mean for the bottom line of Chicago cannabis companies. Plus: Johnson hints at a new tax on professional services, major construction at O'Hare won't start till next year, developer unveils renderings for $1.1 billion project near casino site and Crain's brand-new list of top architecture firms. by Crain's Daily Gist

24 min listen

05/20/24: The new restaurants you should know: Crain's restaurants reporter Ally Marotti talks with host Amy Guth about the best new spots for lunch, dinner or drinks downtown. Plus: Chicago won't give up nearly $50 million it's owed under Bears proposal, United Airlines says FAA has lifted operational freeze in safety review, ING says airfares can only keep rising due to supply chain problems, overhaul of Lincoln Park shopping center could include 500-unit apartment tower and Mondelez faces shareholder vote on human rights in Russia. by Crain's Daily Gist

38 min listen

05/16/24: Downtown Chicago's big condo chill: 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. by Crain's Daily Gist

44 min listen

05/15/24: How Johnson has wielded power so far: 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. by Crain's Daily Gist

26 min listen

05/14/24: The new-look City Club: 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. by Crain's Daily Gist

22 min listen

05/13/24: Heightened tensions on Chicago campuses: 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 with 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. by Crain's Daily Gist

25 min listen

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09/01/22: Chicago's housing market goes against big-city trend

09/01/22: Chicago's housing market goes against big-city trend

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