Crain's Daily Gist

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.

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.

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.

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.

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.

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.

With the Federal Reserve lowering interest rates by a half percentage point, Crain’s finance reporter Mark Weinraub talks with host Amy Guth about the local implications of the move.Plus: Amazon closing Goose Island fulfillment center, one of the first it opened in Chicago; electronic trading firm set to leave LaSalle Street for West Loop; Boeing girds for long strike as gig economy gives workers clout; and Tavern on Rush sets the opening date for its new location.

Crain’s residential real estate reporter Dennis Rodkin chats with host Amy Guth about news from the local market, including Michael Jordan’s mansion going under contract after sitting on the shelf since 2012.Plus: United Center owners detail apartments, hotel vision for 1901 Project; Florida firm nears discount deal for distressed Loop office tower; North Shore Tesla facility trades hands for almost $30 million; O'Hare and Midway slip in the latest J.D. Power rankings; and Chicago biotech incubator tapped by feds as health care accelerator hub.

Chicago's food halls have entered a new era. Crain's restaurants reporter Ally Marotti talks with host Amy Guth about the post-pandemic business model.Plus: Michael Jordan’s mansion finally lands a buyer, Boeing freezes hiring and mulls furloughs after workers strike, property insurance rates fall for first time since 2017 and Outcome Health founder Rishi Shah will remain free on bail during appeal.

Big financial institutions are rethinking their approach to diversity. Crain’s finance reporter Mark Weinraub talks with host Amy Guth about the backlash against DEI initiatives and possible implications for the industry's talent pipeline.Plus: Walgreens pays $107 million over prescription billing fraud claims; EPA knocks ADM for leaking 8,000 metric tons of CO2 underground; with contract attorneys on the rise, staffing firm Latitude opens Chicago office; and a developer proposes 243-unit condo project in Fulton Market.

Crain's restaurants and retail reporter Ally Marotti talks with host Amy Guth about Foxtrot’s return to Chicago and Lettuce Entertain You’s expansion to the suburbs.Plus: United bets on SpaceX for faster, free Wi-Fi; Big Four accounting firm PwC laying off 1,800 employees; appeals court tosses out $564M verdict against BMO Harris; and Wacker Drive landlord nears massive anchor tenant deal, inks Capital One extension.

Crain’s residential real estate reporter Dennis Rodkin and host Amy Guth recap news from the local market, including a UChicago professor's look at how housing shaped race in the 20th century, and a mansion built by the father of modern advertising that’s on market for the first time since the early 1990s.Plus: Michelin adds three Chicago restaurants to its guide; McDonald's rolls out kiosks that take cash, pushing diners away from cashiers; Southwest Airlines cuts more flights at O'Hare, with its chair set to step down amid Elliott battle; Deere pays SEC nearly $10 million to resolve overseas bribery case; and airlines may soon face cash penalties for delayed flights.

As Mayor Brandon Johnson halts citywide hires and reorganizes his staff, the Fifth Floor's chief City Council liaison and two of her staff hand in their resignations. Crain’s politics reporter Justin Laurence discusses with host Amy Guth.Plus: The Art Institute of Chicago receives one of its largest donations ever; TransUnion fined by SEC for whistleblower violation; steel-conduit plant to close, eliminating 237 jobs on the Southwest Side; and Deloitte survey finds half of all women in the U.S. skip the doctor's office.

As Illinois puts up a half-billion dollars in its bid to make Chicago a world capital for quantum computing, Crain's technology reporter John Pletz joins host Amy Guth to look at some local players in the emerging space.Plus: South suburban towns get crushed by the weight of heavy property taxes; big South Loop apartment development up for sale; Southern Illinois University Carbondale sees enrollment gains, bucking trends; and target for the O'Hare terminal revamp quietly slips to 2034.

Cook County Assessor Fritz Kaegi is calling for a property tax bailout for low-income homeowners. Crain’s commercial real estate reporter Danny Ecker discusses with host Amy Guth.Plus: Bears CEO on stadium pitch, big Schaumburg shopping center trades for $93 million, Edelman adds Nikki Haley to public affairs division and feds are probing big airlines' loyalty programs.

Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to talk news form the local market, including the National Association of Realtors saying it will take its fight with the Department of Justice to the U.S. Supreme Court.Plus: Molson Coors joins Ford, Deere and Harley in nixing DEI goals; Blue Cross parent tries to simplify health plans with no deductible, no coinsurance option; city of Chicago's LaSalle Street landlord surrenders building to lender; and in Ravinia v. Ravinia, both sides bury the hatchet — and the brewery name.

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.

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.

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.

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.