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Crain's Chicago Business
VW's lifeline to Rivian could help Illinois hang onto jobs
Volkswagen is throwing Rivian a $5 billion lifeline, a badly needed vote of confidence in the startup automaker that employs more than 8,000 people at a factory in downstate Normal. Subscribe and get unlimited access to Crain's Chicago Business. The deal throws a lifeline to the struggling Illinois startup and...
Opinion: How Illinois became ground zero in the battle to preserve abortion access
Two years ago, the Supreme Court — stacked with anti-choice justices by Donald Trump — overturned Roe v. Wade. Nearly half a century of precedent that recognized the right of women across the country to access abortion care and that kept politics out of the doctor’s office was discarded. Since then, extreme Republicans continue to put women’s lives in danger, with Black, Latina and lower-income women—groups who already suffer from maternal health disparities—disproportionately impacted by these archaic bans.
Driving While Black: The making of the concept car that's safer for Black motorists
While purpose work took more of a back seat to big brand advertising at this year’s Cannes Lions awards for ad industry creativity, there were still plenty of top-notch cause campaigns recognized. Among them was “Driving While Black,” the 2023 campaign from Goodby Silverstein & Partners that featured a brilliantly designed concept car that could protect Black drivers during routine traffic stops.
Illinois' place in a post-Roe U.S.: Crain's Daily Gist podcast
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...
Chicago health care consulting firm Kaufman Hall acquired
Vizient plans to take full ownership of Kaufman Hall, the organizations said Tuesday. Subscribe and get unlimited access to Crain's Chicago Business. A hoped-for successor to Duopa hit another snag with regulators over one of its third-party manufacturing facilities. The court denied a request by employer groups to revise how...
An inventor of Siri is selling a top-floor condo at Jeanne Gang's Aqua
From a south-facing balcony 92 feet long on the top floor of the famed Aqua tower the view is "half blue and half city," Dag Kittlaus says of the expansive vista that takes in Lake Michigan and downtown Chicago. Subscribe and get unlimited access to Crain's Chicago Business. While the...
Volkswagen invests $5 billion in Rivian to form EV joint venture
Volkswagen AG will invest $5 billion to form a joint venture with electric vehicle maker Rivian Automotive Inc., throwing a lifeline to the struggling startup and giving the German automaker access to the American EV company’s technology. Subscribe and get unlimited access to Crain's Chicago Business. The deal to...
CEO at the center of the auto dealership cybersecurity storm defends his firm
Subscribe and get unlimited access to Crain's Chicago Business. It's perhaps the least-surprising development in the computer hack that's shut down auto dealership systems nationwide: Lawsuits seeking class-action status are now being filed against CDK Global of Hoffman Estates. The judge is concerned Shradha Agarwal may not be eligible for...
Ken Griffin gives $10 million to Northwestern Medicine
Billionaire hedge fund founder Ken Griffin is donating $10 million to Northwestern Medicine as it expands and adds cutting-edge methods to study and treat esophageal diseases. Subscribe and get unlimited access to Crain's Chicago Business. Vizient, which made a minority investment in Kaufman Hall in 2021, plans to purchase the...
As auto dealer meltdown enters second week, lawsuits start to fly
An auto dealership customer and a former auto retail employee have sued CDK Global in connection with the cyberattacks experienced by the dealership management system provider. Subscribe and get unlimited access to Crain's Chicago Business. The judge is concerned Shradha Agarwal may not be eligible for the same level of...
AbbVie hits a speed bump with Parkinson's drug approval
AbbVie's hoped-for successor to Duopa for Parkinson's disease treatment has hit another snag with a regulators over one of its third-party manufacturing facilities. Subscribe and get unlimited access to Crain's Chicago Business. The court denied a request by employer groups to revise how funds from a 2022 antitrust case will...
Sterling Bay looks to sell another Fulton Market development site
A few weeks after winning City Council approval for a 28-story, 390-unit apartment tower in the Fulton Market district, Sterling Bay has put the project's development site on the market amid a broader effort to sell off some of its local properties. Subscribe and get unlimited access to Crain's Chicago...
Opinion: As the DNC looms, managing political talk at the office will be a new challenge
Political discussions at work have become inevitable in today’s hyper-polarized world. As Chicago prepares to host the Democratic National Convention this summer, such talk is likely to become even more common around the Windy City. Create your free account to continue reading. Charging us to redo a supposed system...
Wine Spectator’s restaurant awards include 59 Chicago winners
Wine Spectator announced the winners of its 2024 Restaurant Awards, and 59 Chicago spots made the list. Subscribe and get unlimited access to Crain's Chicago Business. The popular Mediterranean fast-casual chain is rapidly expanding its Midwest presence. Newcastle has become the latest to implement a clampdown on fast food restaurants.
Nike bets its China comeback on $1,000 Air Jordans
Cashmere ponchos, lambskin bras and $1,000 Air Jordans. A 1,000-square meter retail homage to Michael Jordan in Beijing’s trendiest neighborhood. Affiliations with China’s domestic basketball elite and limited-edition Jordan collabs with local street artists. Subscribe and get unlimited access to Crain's Chicago Business. Food companies are betting patients...
Gold Coast auction ends with high bid from a dark horse
At the auction of a Jazz Age penthouse on Astor Street last week, a dark horse emerged with a bid nearly half a million dollars above the next-highest offer. Subscribe and get unlimited access to Crain's Chicago Business. The Chicago Tribune reports the three-time Stanley Cup winner is asking $4.7...
Vote on Sterling Bay project at heart of aldermanic prerogative fight delayed
A showdown over a Sterling Bay development supported by Mayor Brandon Johnson but opposed by local Ald. Scott Waguespack, 32nd, was delayed today until at least next month. Subscribe and get unlimited access to Crain's Chicago Business. Justin Laurence is a reporter for Crain’s Chicago Business covering politics and policy...
Opinion: ComEd, fix this billing mess — and don’t make customers pay for your mistakes
It’s ironic that Commonwealth Edison, a company that touts itself as a clean energy champion, has bungled its billing system so severely that it has stalled a program that has been a clean energy success story in Illinois: Community Solar. Create your free account to continue reading. The neighborhood,...
Speaker Welch slams lawsuit from would-be staff union as 'forum shopping'
Illinois House Speaker Emanuel “Chris” Welch is urging a Cook County judge to dismiss a lawsuit members of his staff filed against him last month seeking to force recognition of their union. Create your free account to continue reading. As similar measures roil football towns like Kansas City...
SCOTUS ruling could open door for Illinois ban on abusers owning guns
After the U.S. Supreme Court last week upheld a federal law that bars those under domestic violence-related restraining orders from owning guns, victim advocates say Illinois lawmakers should pass a measure to ensure firearms are actually confiscated in those situations. Create your free account to continue reading. As similar measures...
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