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Crain's Chicago Business
Amid anxiety over charters’ fate, CPS proposes slight budget boost
This story was originally published by Chalkbeat. Sign up for their newsletters at ckbe.at/newsletters. Create your free account to continue reading. The move follows years of upheaval at a school that saw tuition soar and enrollment crumble over the past decade. District leadership balked at City Hall's idea it should...
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.
Trump picks Ohio Sen. J.D. Vance as running mate
Former president — and present GOP nominee — Donald Trump has picked U.S. Sen. JD Vance (R, OH) to be his running mate for the 2024 presidential election. Create your free account to continue reading. The RNC was always going to be a high-security event. It's now under...
Hotels and airlines scramble for last-minute Olympics bookings
When the Olympic Games kick off on July 26, expect to see mostly French spectators in the stands. Subscribe and get unlimited access to Crain's Chicago Business. Delta's weak numbers are setting off alarms in the industry. A similar incident in March helped trigger a federal safety review of the...
Natalie Moore leaves WBEZ after 17 years
Longtime WBEZ-FM reporter Natalie Moore is departing after 17 years at Chicago's NPR affiliate. Subscribe and get unlimited access to Crain's Chicago Business. Brandon Dupré is a reporter covering labor, nonprofits, higher education and the legal industry for Crain’s Chicago Business. Prior to joining Crain’s in 2022, he covered breaking news and COVID-19 at the New York Times. He was part of the Times’ coronavirus-tracking project, an effort that won the Pulitzer Prize in 2021.
Chicago's first padel courts are coming to the West Loop
A new racket sport club is coming to the West Loop — and, no, it’s not pickleball. Subscribe and get unlimited access to Crain's Chicago Business. Rachel Herzog is a commercial real estate reporter for Crain’s Chicago Business. She joined Crain’s in 2023 from The Real Deal, where she had covered commercial real estate in Chicago. Before that, Herzog wrote for the Arkansas Democrat-Gazette. She is a graduate of UNC-Chapel Hill, receiving a bachelor’s degree in media and journalism, as well as a separate degree in Hispanic literature and culture.
Milwaukee braces for 50,000 visitors, Trump after shooting
The Republican National Convention was always going to be a high-security event. Subscribe and get unlimited access to Crain's Chicago Business. An effort that began prior to the centennial of the seminal riots now has City Hall's go-ahead to install small memorials to each of the 38 people who were killed in 13 days of violence.
Service workers strike at UChicago Medical Center
Supply chain and trade workers went out on strike at the University of Chicago Medical Center last night at 9 p.m., protesting wages, benefits and the lack of movement in negotiations for a new contract. Subscribe and get unlimited access to Crain's Chicago Business. At least four complaints allege that...
Suburban office vacancy just keeps climbing
It's been four years since the COVID-19 pandemic and the rise of remote work began drubbing suburban office landlords with weak demand and surging vacancy. They're still waiting for the beatdown to end. Subscribe and get unlimited access to Crain's Chicago Business. A new racket sport club is setting up...
Letter to the Editor: Sterling Bay confident in vision for Lincoln Yards
In an article published July 11, Crain’s Chicago Business detailed the status of three significant local development projects, including Lincoln Yards. We want to thank Crain’s for keeping tabs on one of Chicago’s most dynamic industries that is critical to the city’s economic development. They rightly pointed out that today’s real estate market may have changed some of the timing and elements of Lincoln Yards, but it does not change our resolve to bring it to life.
Opinion: With commitment and dialogue, a safer Chicago is possible
Chicago’s otherwise joyful summer season packed with events that showcase the absolute best of the city’s sights, sounds and culture has been tempered by the scourge of violent crime. The tragedy of more than 100 shootings and 21 fatalities over the July 4th weekend has prompted an urgent and needed response from law enforcement and elected officials at every level.
Trump survives assassination attempt; shooter identified
Former President Donald Trump said he was shot in the right ear after gunfire erupted at a rally in Pennsylvania on Saturday, a harrowing episode that shook the presidential campaign and drew bipartisan condemnation of political violence. In addition to Trump’s injury, another attendee at the rally was shot and...
This Mag Mile office building could go residential
A mostly vacant office building on the Magnificent Mile could turn residential, a move that would breathe new life into a corridor plagued by vacancies. Subscribe and get unlimited access to Crain's Chicago Business. Rachel Herzog is a commercial real estate reporter for Crain’s Chicago Business. She joined Crain’s in...
Former Loretto CFO charged in $15 million embezzlement scheme
A former chief financial officer at Loretto Hospital was charged Friday in an indictment alleging he embezzled at least $15 million from the West Side safety-net hospital over a five-year period, which included the height of the COVID-19 pandemic. Subscribe and get unlimited access to Crain's Chicago Business. The lawsuit...
How the real chefs behind 'The Bear' do it: Crain's Daily Gist podcast
Staff at the Michelin-starred Ever showed Crain's how they made the dishes seen on Hulu and FX's "The Bear." Reporter Ally Marotti discusses the behind-the-scenes look with host Amy Guth. Plus: Bally's lands nearly $1 billion in casino financing in exchange for future ownership, AT&T customer calls and texts breached...
Walgreens targeted in 'One Chip Challenge' death lawsuit
Walgreens is among the defendants named in a a lawsuit filed yesterday in the death of a 14-year-old Massachusetts teen following his ingestion of a spicy tortilla chip, the Associated Press reports. Subscribe and get unlimited access to Crain's Chicago Business. Medicare would pay physicians 2.9% less in 2025 under...
ADM scraps ventures with LG Chem as construction costs rise
Agricultural giant Archer-Daniels-Midland Co. has halted its joint ventures with LG Chem Ltd. to make materials for plant-based products such as bioplastics due to high costs. Subscribe and get unlimited access to Crain's Chicago Business. It's another reminder that production of its cash-cow jetliner faces a long road to recovery.
Editorial: A real strategy to deal with city's gun violence can't come soon enough
Even for a city used to routine headlines on gun violence, a bloody Fourth of July weekend that saw more than 100 people shot and at least 17 killed, including two women and an 8-year-old boy, left Chicagoans shocked. Subscribe and get unlimited access to Crain's Chicago Business. No matter...
S.K.Y. restaurant leaving Pilsen for the North Side
One of Pilsen's highest-rated restaurants is packing its bags for a new Chicago home. Subscribe and get unlimited access to Crain's Chicago Business. Jack Grieve is a Crain’s reporter covering the news people are talking about, from Chicago and West Michigan to Cleveland, Detroit and New York. The 10,000-square-foot...
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