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Crain's Chicago Business
ABC7 promotes reporter to morning traffic anchor
ABC7 Chicago has picked its replacement for longtime traffic reporter Roz Varon. Subscribe and get unlimited access to Crain's Chicago Business. The station will debut the renovated studio, which has been vacant for seven years, during today's 4 p.m. newscast. Melissa Bell, former publisher and co-founder of Vox Media, will...
NASCAR 'Gear Up for Good' benefit drives change for YWCA
NASCAR kicked off its Chicago Street Race with a fundraising dinner hosted by Steak 48. Drivers, local dignitaries and fans gathered at the River North steakhouse on July 3 for the second annual "Gear Up for Good" event, which this year supported the YWCA Metropolitan Chicago. Subscribe and get unlimited...
Despite Revival Food Hall closing, lunch spots at the Loop market could live on
The folks who founded and have long operated Revival Food Hall are packing their bags, but the popular Loop marketplace at 125 S. Clark St. could continue to house the existing dozen-plus fast casual restaurants under new management and a new name. Create your free account to continue reading. Jack...
Johnson spikes threat to his control over City Council meetings
After contentious debate, a last-minute opposition effort from Mayor Brandon Johnson defeated a measure that would have empowered the City Council with an extra layer of legislative independence from the Fifth Floor. Subscribe and get unlimited access to Crain's Chicago Business. Justin Laurence is a reporter for Crain’s Chicago Business...
How Dom's went under: Crain's Daily Gist podcast
Crain's retail reporter Ally Marotti joins host Amy Guth to discuss what went wrong with the upscale Chicago grocer Dom's Kitchen & Market. Plus: Mag Mile landlords get the OK to tax themselves — but not without a delay; Boeing to plead guilty to fraud for violating deal over crashes; Invenergy expands HQ again on Wacker Drive; Illinois ends fiscal year with extra cash on hand; and Discover settles class actions tied to credit card misclassifications.
Boeing to plead guilty to fraud for violating deal over crashes
Boeing Co. will plead guilty to criminal conspiracy in connection with two fatal crashes of its 737 Max jetliner, an agreement that disgraces the storied US planemaker as a felon but avoids a bruising courtroom confrontation as it tries to rebound from multiple crises. Subscribe and get unlimited access to...
Ken Griffin gives $500,000 to back Miami-Dade's Democratic mayor
Ken Griffin, a major donor to Republican politicians, is backing the reelection of Miami-Dade County’s Democratic mayor, as the founder of Citadel expands his political clout in his new home base. Subscribe and get unlimited access to Crain's Chicago Business. As Biden's position continues to weaken, will Pritzker end...
Cboe's former CEO joins $2 billion fintech Clear Street
Ed Tilly is joining upstart brokerage-services provider Clear Street, as the former head of Cboe Global Markets Inc. takes a new leadership role in the securities industry. Subscribe and get unlimited access to Crain's Chicago Business. After a failed sale, the 102-year-old bank is looking outside of its hometown to...
Xeris Biopharma announces CEO succession
Xeris Biopharma Holdings President and Chief Operating Officer John Shannon will move into the CEO role Aug. 1, replacing Paul Edick. Subscribe and get unlimited access to Crain's Chicago Business. Talks with the private-equity firm for the spinoff started last month, according to the Journal. About 125 trade and supply...
Scotts faces new shareholder lawsuit alleging mismanagement
The new shareholder case also alleges insider stock purchases at artificially inflated prices. A new shareholder lawsuit against Scotts Miracle-Gro (NYSE: SMG) was filed last week in the Southern District of Ohio, the Eastern Division essentially following the same complaint filed in June by the Florida Hialeah Employees’ Retirement System.
Cut traffic, connect to the lake to reboot Mag Mile: study
Bringing life back to the vacancy-plagued Magnificent Mile calls for scrapping two lanes of vehicle traffic and adding a dynamic new way to connect it to Lake Michigan, among other new recommendations from the world's largest design firm. Subscribe and get unlimited access to Crain's Chicago Business. The renewable power...
Unpacking the future of sustainable packaging
From household names to agile, direct-to-consumer brands, refillable packaging is going mainstream. Refills come with multiple benefits, from lowered costs and reduced carbon emissions to improved user experience and brand loyalty. While there’s no one-size-fits-all solution, refills offer great potential to drive sustainable packaging solutions and accelerate the circular economy.
Illinois ends fiscal year with extra cash on hand
Illinois entered a new fiscal year Monday with a bit of a financial cushion as the prior year’s revenues exceeded final projections by about $123 million. Create your free account to continue reading. It's the first salvo in the high-stakes legal fight over how much freedom workers should have...
Discover settles class actions tied to credit card misclassifications
Discover Financial Services has reached a settlement in class-action lawsuits filed by merchants claiming they were affected by credit card misclassifications, according to a regulatory filing. 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...
CDK restores service to most auto dealers. Now comes the hard part.
Subscribe and get unlimited access to Crain's Chicago Business. CDK Global said most of its customers are back online with the company’s dealership management system, nearly two weeks after cyberattacks led to a massive shutdown. Dealerships sue CDK for 'negligence in protecting users of its systems'. Southeastern U.S. retailers...
Mag Mile landlords get the OK to tax themselves — but not without a delay
A bill recently signed by Gov. J.B. Pritzker allows property owners along North Michigan Avenue and other commercial corridors in Chicago to impose a small tax on themselves to fund area improvements, but a new district won’t be in place along the Magnificent Mile until at least 2026. Subscribe...
Here's what happened to Dom's Kitchen & Market
When Dom’s Kitchen & Market and its sister retailer Foxtrot closed its stores in April, Chicago customers were shocked. The closures felt abrupt. Perishable goods still sat on the shelves, and from their perspective, the businesses seemed to be thriving. But behind the scenes, company leaders had been working for months to find a way to keep the business afloat.
A new name, new look and new mission for Amalgamated Bank of Chicago
Amalgamated Bank of Chicago is rebranding itself as ABOC as the company sets a course for growth beyond its Chicago roots. 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 Reuters, where...
UChicago Medicine workers threaten strike
About 125 workers at the University of Chicago Medicine plan to begin striking on July 14, following extended contract negotiations, which workers say are at an impasse. Subscribe and get unlimited access to Crain's Chicago Business. The Chicago-based Alzheimer’s Association, a vocal proponent for the new type of medication since...
How insurers like Blue Cross are trying to expand LGBTQ+ coverage
Insurers are looking to expand coverage of sexual health services and gender affirming care in the wake of lawsuits over allegedly discriminatory policies. 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...
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