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Crain's Chicago Business
Sellers who wiped out historical finishes at Dwight Perkins house make a fast sale
The people who bought the former home of architect Dwight Perkins last year, painted over the finishes he selected more than a century ago and put the house back on the market seven months later made a fast sale. Subscribe and get unlimited access to Crain's Chicago Business. Barrett Homes,...
Chicago's $20 million CEO club nearly doubles in size
Chicago's CEOs are back to receiving normal pay raises after belts tightened across corporate America in 2022. Since last year’s ranking, the city’s elite $20 million club has nearly doubled in membership. Subscribe and get unlimited access to Crain's Chicago Business. This year's list of Chicago's Highest-Paid CEOs...
Lead architect takes us behind the design at O'Hare's new terminal
Architects have long said form follows function. For the team designing the new satellite concourse at O’Hare International Airport, that means a curve or, more specifically, an arch. Subscribe and get unlimited access to Crain's Chicago Business. One cabin that isn’t expected to enjoy more reasonable fares — business...
Key committee advances ethics measure over mayor's objection
A key City Council committee today advanced a measure to give Chicago’s Board of Ethics the power to rein in political contributions from lobbyists over the objections of Mayor Brandon Johnson. Subscribe and get unlimited access to Crain's Chicago Business. Justin Laurence is a reporter for Crain’s Chicago Business...
$2 million condos coming to shuttered CVS site in Lincoln Park
Less than five months after the CVS pharmacy chain closed a store on Armitage Avenue in Lincoln Park, the site is set to be redeveloped with condos priced in the $2 million range. Subscribe and get unlimited access to Crain's Chicago Business. Developer Crescent Heights, which bought the 19-story former...
Real estate investors are wiped out in bets fueled by Wall St. loans — and online influencers
Lynn Nathe was growing tired of the meager gains from her family’s retirement account. In late 2021, she invested $200,000 with a company that was making 30% returns by buying the hottest ticket in global real estate: U.S. apartments. Now, she says, most of that money is gone. Subscribe...
Bill Daley joins New York firm financing clean-energy projects
Former White House chief of staff and Chicago mayoral candidate Bill Daley is joining Crux, which finances clean-energy projects, as a senior adviser. Subscribe and get unlimited access to Crain's Chicago Business. Mark Weinraub is a banking and finance reporter for Crain’s Chicago Business. He joined Crain's in 2023 from...
AbbVie makes oncology progress with two drug trials
Two developments announced by North Chicago-based AbbVie this week show promise for the company's oncology portfolio, with news it's starting a Phase 3 trial of a drug for multiple myeloma and has seen positive results in a trial of an ovarian cancer drug.
Client-centric focus powers growth and momentum at The Mather Group
Since its founding in 2011, The Mather Group (TMG) has been focused on empowering people to navigate life’s journey with confidence and peace of mind. That mission has remained steadfast for TMG, which is one of the fastest-growing, independent, fee-only registered investment advisory firms in the country today. This expansion has landed TMG on Crain’s Fast 50 list of Chicago’s fastest-growing companies for the fourth consecutive year.
Workers are returning to tough food-warehouse jobs after COVID lull
One of the largest food suppliers to American restaurants and hotels said workers are finally coming back into the labor force after the pandemic. Subscribe and get unlimited access to Crain's Chicago Business. But the festivities mask a difficult truth: While a new plant in Georgia marks the country’s biggest...
GE HealthCare says new technology could lead to more accurate breast cancer diagnoses
GE HealthCare says using a new, powerful tool called FES could greatly increase diagnostic accuracy for some patients. This exclusive Health Pulse content is only available to Health Pulse subscribers. Get a full year of access to Health Pulse + all Crain's Chicago articles and special reports. The North Chicago...
Chicago Park District expands free internet access in parks
As a continuation of the broadband and digital equity initiative, the Chicago Park District announced today the expansion of free Wi-Fi access in public parks. Create your free account to continue reading. Bears President Kevin Warren tried selling Chicago's business community on the national attention the team's lakefront proposal would...
American Dental Association finalizes HQ sale to Lurie, move to Mag Mile
Ann & Robert H. Lurie Children’s Hospital of Chicago has closed on a deal to buy a Streeterville building from the American Dental Association, which is moving its headquarters to the Mag Mile. Subscribe and get unlimited access to Crain's Chicago Business. One of the nation's largest fleet management...
Northwestern brain cancer ultrasound trial yields results
A new study announces several breakthroughs for Northwestern University ultrasound technology used to breach the blood-brain barrier to treat deadly brain cancers. This exclusive Health Pulse content is only available to Health Pulse subscribers. Get a full year of access to Health Pulse + all Crain's Chicago articles and special...
He just rehabbed the house his mom designed in the mid-1950s
When the Kerman family of four moved from the city to Skokie in the mid-1950s, the mom, Joan, worked with an architect to create the modern, woody, sunlit home she envisioned. Subscribe and get unlimited access to Crain's Chicago Business. Set between Lake Michigan and the undulating dunes, the house...
Nuclear industry fetes rare new reactors as retrofits dominate
The US nuclear industry threw a huge party in Georgia to celebrate the country’s first new reactors in more than 30 years. Subscribe and get unlimited access to Crain's Chicago Business. While the exterior of Rivian's consumer vehicles stays mostly the same, the 2025 model year has new premium...
5 new features freshen up Rivian's 2025 R1T pickup, R1S crossover
Subscribe and get unlimited access to Crain's Chicago Business. Dave Calhoun warned that a turn toward isolation would hamper exports and damage the economy. Any deal to sell the Chicago terminal would come after Cofco offloaded its Milwaukee facility in the neighboring state of Wisconsin last year.
Opinion: The truth about DEI
DEI faces a misinformation challenge highlighted by recent legal setbacks like the appellate court's recent ruling against Fearless Fund's grant program for Black women entrepreneurs, who in 2023 received less than 0.5% of all VC funding. Create your free account to continue reading. Illinois records every car that drives on...
The best restaurant in the world is now Disfrutar in Barcelona
The best restaurant in the world right now is Disfrutar in Barcelona. The wildly inventive spot was named No. 1 by the World’s 50 Best organization. Create your free account to continue reading. The neighborhood ice cream stand that closed last year could be making a comeback, according to...
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