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Crain's Chicago Business
Discover sells student loan business for up to $10.8 billion
Discover Financial Services sold its student loan business for as much as $10.8 billion, a move it had planned since November as it sought to clear the decks to focus on its core banking products. Subscribe and get unlimited access to Crain's Chicago Business. Mark Weinraub is a banking and...
Greg Hinz: Springfield ponders whether to fix or just throw money at reeling transit system
Few things are more important to Chicago’s economy than having a safe, reliable, comprehensive and affordable public transit system. Subscribe and get unlimited access to Crain's Chicago Business. After over 30 years of managing a successful career across three continents, one of the most fulfilling experiences I've had recently...
Chicago Fire ink training center naming rights deal with Endeavor Health
Endeavor Health will have its name on the $100 million training facility Chicago Fire FC is building on the city's Near West Side, part of a sponsorship expansion that solidifies the health system as Major League Soccer's largest corporate partner. Subscribe and get unlimited access to Crain's Chicago Business. Rockwell...
Chicago investor lists Naperville apartment complex
A local real estate investment firm is looking to capitalize on strong rental demand in the suburbs by listing a Naperville apartment complex it deconverted from condos five years ago. Subscribe and get unlimited access to Crain's Chicago Business. Rachel Herzog is a commercial real estate reporter for Crain’s Chicago...
Days after Chicago denies river swim permit, Paris mayor takes a dip in the Seine
Paris Mayor Anne Hidalgo swam in the Seine on this morning, seeking to show the river was clean and ready for the 2024 Olympic and Paralympic Games that kick off later this month. Subscribe and get unlimited access to Crain's Chicago Business. As the popularity of pickleball spreads like wildfire,...
How much money is flowing into Chicago’s 2024 school board elections?
This story was originally published by Chalkbeat. Sign up for their newsletters at ckbe.at/newsletters. Create your free account to continue reading. Some charters with shrinking enrollments are in line for steep cuts, however. The move follows years of upheaval at a school that saw tuition soar and enrollment crumble over...
Argonne's giant X-ray microscope gets an $815M upgrade
One of the world’s brightest lights — the Advanced Photon Source at Argonne National Laboratory — just got a whole lot brighter. Subscribe and get unlimited access to Crain's Chicago Business. DARPA, the federal agency that got the ball rolling on establishing the internet, is offering to...
Democrats won't hold virtual roll call on Biden before August
Democrats will not hold a virtual roll call to formally nominate President Joe Biden until at least August, after an outcry from some who believed the process was being rushed at his behest to head off calls for him to stand aside. Subscribe and get unlimited access to Crain's Chicago...
Deere, Accenture tell workers to stay home during conventions
Deere & Co. and Accenture Plc are among the companies bracing for disruption in Chicago and Milwaukee as the Republican and Democratic conventions snarl traffic, attract protesters and raise the specter of violence. Subscribe and get unlimited access to Crain's Chicago Business. The party still plans to formally nominate him...
Schaumburg online university jumps into health sciences with acquisition
Schaumburg-based online university group Perdoceo Education is acquiring Florida-based University of St. Augustine for Health Sciences. 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. Baxter, Endeavor Health and GE...
Quest for a quieter pickleball nears a breakthrough at Michigan 3D printing shop
A 3D printing startup in west Michigan has produced a new lower-pitch pickleball that promises to mollify neighbors concerned about the noise of game play in public places. Subscribe and get unlimited access to Crain's Chicago Business. Anne Hidalgo's pre-Olympic swim in the Seine comes just days after Brandon Johnson's...
After pouring cold water on Bears stadium deal, Pritzker sits down with Warren
After sacking the Chicago Bears' bid for public funding of a new domed stadium on the lakefront this spring, Gov. J.B. Pritzker met team president Kevin Warren this morning in Chicago. Subscribe and get unlimited access to Crain's Chicago Business. Justin Laurence is a reporter for Crain’s Chicago Business covering...
Burnham Center foreclosure adds to downtown distress
The owners of a Loop office building that's losing GrubHub as its largest tenant are on the verge of losing control of the property, adding to the deep pool of distress infecting downtown. Subscribe and get unlimited access to Crain's Chicago Business. An 838-unit building just northwest of Chicago could...
Walgreens hit with lawsuit over recent stock tank
Walgreens Boots Alliance and some senior executives are being sued by an investor for allegedly mispresenting revenue and growth expectations in its pharmacy segment ahead of instituting a guidance cut last quarter that sent the pharmacy retail giant’s stock price into a tailspin. Subscribe and get unlimited access to...
Tempus AI entering the immuno-oncology space
Tempus AI has an immunology risk testing product ready for researchers to test out and is working with Cleveland Clinic on better ways to assess how immunotherapy might work on patients. This exclusive Health Pulse content is only available to Health Pulse subscribers. Get a full year of access to...
Kraft Heinz hires ex-Pepsi marketer as CMO for North America
Subscribe and get unlimited access to Crain's Chicago Business. It is, admittedly, hard to unsee the ketchup and mustard comparison. The recall, which started late last year and included 22 million cases of Quaker Chewy Bars, has continued to weigh on Pepsi’s results.
No recreational marijuana legalization in Pennsylvania this year
The state legislature did pass a bill creating tax credits to offset the impact of 280E, which the governor signed into law. The Pennsylvania Legislature finished the state budget and took a pass on legalizing recreational marijuana, despite calls from the governor to create a new tax revenue stream with the move.
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