Columbus
Crain's Chicago Business
Carolina Panthers win $650 million for stadium upgrade
The owner of the National Football League’s Carolina Panthers and Major League Soccer’s Charlotte Football Club has secured $650 million of public funds for a $1.3 billion renovation of Bank of America Stadium in Charlotte, North Carolina. Subscribe and get unlimited access to Crain's Chicago Business. Speaker Welch...
Outcome Health founder Rishi Shah gets seven and a half years in prison
Outcome Health founder Rishi Shah was sentenced to 90 months, or seven and a half years, in prison today, ending, at least for now, one of the strangest startup odysseys in Chicago history. The sentence was half of what prosecutors had asked. Subscribe and get unlimited access to Crain's Chicago...
Auto dealers redefine business as usual as cyber outage reaches 7th day
A clearer picture has emerged of how much the June 19 CDK Global cyberattacks are disrupting the largest U.S. auto dealership groups. Subscribe and get unlimited access to Crain's Chicago Business. BlackSuit appears to be a group of Russian and Eastern European hackers with a history of working with a...
Thoma Bravo is exploring a sale of Canadian auto marketplace Trader
Thoma Bravo is exploring the sale of Trader, a Canadian automotive marketplace and software provider, according to people with knowledge of the matter. Subscribe and get unlimited access to Crain's Chicago Business. Griffin sued over a data breach that resulted in ProPublica’s revealing private data on some of the nation's...
Ken Griffin's data leak suit against IRS ends in settlement
The Internal Revenue Service agreed to settle a lawsuit brought by hedge fund manager Ken Griffin that accused the agency of failing to protect his confidential financial information from a contractor who stole his tax data and leaked it to ProPublica. Subscribe and get unlimited access to Crain's Chicago Business.
MedMen creditors likely out millions, trustee and receiver documents say
The receiver for the company has been slowly winding down, giving away, or selling assets in California while fielding interest in other states. When MedMen Enterprises went belly-up in April, it left behind more than $560 million in debts and a shell of a company that had just $1 in immediate value, according to court documents and reports from financial experts working to liquidate the company’s assets.
Supreme Court rejects challenge to $2.67B Blue Cross settlement
The U.S. Supreme Court on Monday denied a request from Home Depot and other employers to hear a challenge to policyholders’ $2.67 billion antitrust settlement with Blue Cross Blue Shield. Subscribe and get unlimited access to Crain's Chicago Business. On the second anniversary of the Supreme Court's decision overturning...
Blackhawks great Jonathan Toews selling Lincoln Park condo
Three-time Stanley Cup-winning Chicago Blackhawks captain Jonathan Toews is selling his condo on Orleans Street in Lincoln Park. Subscribe and get unlimited access to Crain's Chicago Business. After she was fired in the wake of a discrimination complaint, Roshani Sheth claims, the trade association tried to stifle her career prospects...
Cava sets opening date for second Illinois location — this time in the northern suburbs
Cava is set to open its second Illinois restaurant on June 28, just two months after making its Chicago debut. 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.
Jump Trading's crypto chief is stepping down
Kanav Kariya, the head of Jump Trading’s crypto unit, said he is leaving the company, a departure that follows a difficult two years that saw both Kariya and Jump at the center of one of crypto’s largest collapses. Subscribe and get unlimited access to Crain's Chicago Business. Within...
Opinion: How to turbocharge the Loop's growth through smart planning
What’s Chicago’s fastest-growing neighborhood? Here’s a hint: its population spikes at 9 a.m. every weekday and declines at 5 p.m. Although it’s long been defined by its towering office blocks, people are rapidly making the Loop their 24/7 home. From 2020 to 2023, the Loop grew by 9% to 46,000. This is up from around 12,000 residents in 1990. More impressive yet: this makes Chicago’s downtown the fastest growing in the country.
Car sellers warn investors of possible financial hit from CDK cyberattack
Some of the largest auto dealers in North America are warning of a potential “material” impact to their finances from a cyberattack that has slowed operations at thousands of stores. Subscribe and get unlimited access to Crain's Chicago Business. Dealerships, which typically have busy sales days on Saturdays,...
Ann Lurie, multifaceted philanthropist who backed children's hospital, dies at 79
Ann Lurie, a prominent philanthropist who promoted health care, food security and animal welfare, among other causes, including gardens in Millennium Park, died today at Northwestern Memorial Hospital, according to Northwestern University. She was 79 and had been diagnosed with the brain cancer known as glioblastoma. Create your free account...
With green light from FDA, Endotronix gears up to launch heart monitor
The path has officially been cleared for Endotronix to launch its remote heart failure solution later this year, the Naperville-based medical device maker announced this morning. This exclusive Health Pulse content is only available to Health Pulse subscribers. Get a full year of access to Health Pulse + all Crain's...
Balyasny pulls cash from Ex-Elliott trader's hedge fund Sparta
Balyasny Asset Management has withdrawn cash from Franck Tuil’s hedge fund within a year of backing the former Elliott Management trader. Subscribe and get unlimited access to Crain's Chicago Business. Guaranteed Rate is changing its name. It'll be Rate. Will the name change help the Chicago-based mortgage lender recast...
Local firm pays $89M for Elk Grove Village apartments
A local real estate firm picked up a large housing complex northwest of Chicago in another deal attesting to suburban apartments’ appeal to investors. 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...
How a cyberattack took 15,000 car dealers offline
Roughly 15,000 car dealerships across the US and Canada have gone days without software systems crucial to running their business, following multiple cyberattacks on CDK Global. Create your free account to continue reading. Last week was a rough one for Hoffman Estates-based CDK Global as the software maker dealt with...
Big Food tries to limit GLP-1 hit with vitamins, meals
The so-called Ozempic Revolution has wiped billions off the market value of food and drink companies. But new weight-loss drugs are boosting at least one line of products that has sometimes faced sluggish demand: yogurt. Subscribe and get unlimited access to Crain's Chicago Business. The company's CFO says they'll bite...
California firm looks to unload State Street office building
A Loop office building that has seen its vacancy jump over the past few years has gone up for sale, teeing up what stands to be a financial blow for its owner amid sluggish office property values. Subscribe and get unlimited access to Crain's Chicago Business. Shopping centers featuring what...
Ex-employee sues National Association of Realtors over alleged smear campaign
A former employee of the National Association of Realtors is suing the Chicago-based trade association, claiming that after she was fired over complaining of workplace discrimination, a retaliation campaign ensued, including cyberstalking her and attempting to ruin her career. Subscribe and get unlimited access to Crain's Chicago Business. Bellwood, where...
Crain's Chicago Business
21K+
Posts
4M+
Views
The news you need to succeed in Chicago. We cover startups, real estate, politics, dining and lots in between.
Welcome to NewsBreak, an open platform where diverse perspectives converge. Most of our content comes from established publications and journalists, as well as from our extensive network of tens of thousands of creators who contribute to our platform. We empower individuals to share insightful viewpoints through short posts and comments. It’s essential to note our commitment to transparency: our Terms of Use acknowledge that our services may not always be error-free, and our Community Standards emphasize our discretion in enforcing policies. We strive to foster a dynamic environment for free expression and robust discourse through safety guardrails of human and AI moderation. Join us in shaping the news narrative together.