Crain's Daily Gist
1,052 episodes - English - Latest episode: 9 days ago - ★★★★★ - 126 ratingsGet a head start on your workday with the stories that matter most. Listen to our roundup of essential Chicago headlines and analysis from Crain’s reporters and host Amy Guth. Presented by Wintrust.
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Episodes
04/26/23: Exec pay cuts, rebelling franchisees at McDonald's
April 25, 2023 21:08 - 21 minutes - 19.8 MBCrain’s restaurants reporter Ally Marotti updates host Amy Guth on all things McDonald's, including executives taking a hit to the wallet, franchisees fighting against rule tightening and an ad calling out "blatant racism" at the company. Plus: Chicago Fed report hints at looming recession here, Avli Restaurant Group expanding to Fulton Market, developer details plans for industrial park on Baxter's Deerfield HQ, and business travel is reportedly on the rebound, but in a way that signals the...
04/25/23: How tech can level Chicago's economic disparities
April 24, 2023 20:27 - 29 minutes - 26.9 MBCrain's contributing columnist Orphe Divounguy chats with host Amy Guth on making markets more free, fair and competitive. Plus: Verizon store closing adds to Mag Mile's woes; as United eyes Europe and business travel, Newark takes center stage; the hot market for industrial space; and ComEd wants a $247 million rate hike on top of the $1.5 billion hike already pending.
04/24/23: The 'ComEd Four' mount a defense
April 21, 2023 21:35 - 40 minutes - 36.8 MBCrain's utilities reporter Steve Daniels talks with host Amy Guth about the latest in the trial of the "ComEd Four" as the case heads into closing arguments. Plus: Brandon Johnson faces tough choice as the search for the next Chicago police chief moves forward, strong demand for Abbott's medical devices partially offsets COVID test declines, Rivian says its vehicles will qualify for full tax credit, and Chicago collective who aims to help women gets $2.25 million award from JPMorgan Chase.
04/20/23: One way to hang onto your ultra-low mortgage
April 19, 2023 19:58 - 41 minutes - 38 MBCrain's reporter Dennis Rodkin and host Amy Guth discuss the latest residential real estate news, including what could be the area's most expensive home and a strategy that lets homeowners keep their ultra-low-interest mortgages in the age of escalating rates. Plus: Chicago is the fourth-wealthiest city in the U.S. when you count millionaires; the police department plans to enforce curfew laws and add security measures after a weekend of violence; experts argue for saving the downtown Greyho...
04/19/23: Soon-to-be grads are snapping up jobs
April 18, 2023 21:25 - 20 minutes - 18.7 MBCrain's reporter John Pletz tells host Amy Guth why far more college seniors are rushing to accept job offers this year. Plus: Mayor Lightfoot's budget office leaves a parting gift for her successor, Brandon Johnson — but not without strings attached; Southwest Airlines resumes flights after a brief halt amid tech trouble; Wells Fargo warns more office-market stress is on the way; and rising prices lifted local retail and restaurant sales in 2022.
04/18/23: Hospitals brace for a revenue hit
April 17, 2023 21:55 - 27 minutes - 25.3 MBCrain's health care reporter Katherine Davis talks with host Amy Guth about how thousands of patients face losing Medicaid coverage this year, causing hospitals that serve poor communities to fear revenue declines that could lead to cuts in staff and services. Plus: Big tests are ahead for the Supreme Court, Springfield legislators and especially Mayor-elect Brandon Johnson; Crain's exclusive Privately Held Companies list reveals the firms that grew fastest last year; McDonald's is making tw...
04/17/23: Walmart closings draw ire from the city
April 14, 2023 21:23 - 23 minutes - 21.2 MBMayor Lori Lightfoot and Mayor-elect Brandon Johnson blasted Walmart after the retail giant announced plans to close four Chicago stores. Crain's retail reporter Ally Marotti discusses with host Amy Guth. Plus: BMO Tower is getting a new tenant who's adding space, Deloitte reports biz travel will lag well into next year, Rivian shifts to in-house motors to boost production and owner of former home of Emmett Till picked for federal environmental justice money.
04/13/23: Asking-price creep around Chicago
April 12, 2023 18:43 - 41 minutes - 38.4 MBCrain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about local housing news, including how asking prices for homes hit a new high. Plus: New survey says most Americans say they or a family member has experienced gun violence, Advocate Aurora's 2022 financial performance takes a hit, Ernst & Young calls off splitting its audit and consulting units and federal grant likely to cover millions in security costs for 2024 DNC.
04/12/23: The case against the 'ComEd Four'
April 11, 2023 21:44 - 34 minutes - 31.9 MBCrain’s utilities reporter Steve Daniels, who has been covering the "ComEd Four" trial, talks with host Amy Guth about the case as the prosecution begins to wrap up. Plus: Outcome Health execs convicted in federal fraud case, Chicago to host 2024 Democratic National Convention, DuSable Lake Shore Drive to partially shut down three days before first NASCAR race and Citadel’s Ken Griffin cuts another Chicago tie.
04/11/23: McDonald's layoffs, restructure plan surface
April 10, 2023 20:22 - 23 minutes - 21.4 MBCrain’s restaurants reporter Ally Marotti talks with host Amy Guth about the latest big restructuring moves coming from McDonald's and a local plant-based food startup that just raised $5.5 million. Plus: Gov. Pritzker and Mayor-elect Johnson working together to land DNC convention in Chicago, AbbVie cuts guidance and pulls accelerated approvals for blood cancer treatments, both Salesforce and Facebook parent Meta aim to unload big chunks of Chicago office space, and court upholds dismissal ...
04/10/23: What's ahead for Mayor-elect Brandon Johnson
April 07, 2023 17:57 - 26 minutes - 23.8 MBCrain's political columnist Greg Hinz and host Amy Guth analyze the runoff election results and discuss the issues facing Mayor-elect Brandon Johnson as he prepares to take over the fifth floor. Plus: As layoffs ripple through its HQ, McDonald's also makes cuts in office space; growth slowing for Illinois weed sales; O'Hare ranked 4th-busiest airport in the world; and empty downtown workspace jumps again as economic fears grow.
04/06/23: High-end housing hits the brakes
April 05, 2023 18:47 - 36 minutes - 33.2 MBCrain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market, including highest-priced home sales' first-quarter slip and demolition underway on embattled lakefront Winnetka properties. Plus: What lies ahead for Mayor-elect Brandon Johnson and Chicago; Democratic-backed judge wins Wisconsin Supreme Court seat ahead of abortion ruling; S&P puts debt for Merchandise Mart's owner on watch for a downgrade; and despite many workers shift...
04/05/23: Major corporate reshuffling at McDonald's
April 04, 2023 20:58 - 22 minutes - 20.5 MBCrain’s reporter Ally Marotti talks with host Amy Guth about changes in the local food sector, as McDonald's makes strategic and staffing adjustments and Foxtrot sees a leadership change. Plus: Rivian stands by EV output goal despite production slowdown, Los Angeles and St. Louis law firms expand into Chicago market, Verano CEO predicts 'inflection point' for cannabis, and Czech investor takes over as Groupon CEO.
04/04/23: Lawmakers consider new hospital merger rules
April 03, 2023 21:00 - 22 minutes - 20.5 MBCrain's health care reporter Katherine Davis talks with host Amy Guth about proposed state legislation that would tighten oversight of hospital mergers. The measure comes amid concerns over higher prices as the quality of care worsens or stagnates. Plus: Brandon Johnson and Paul Vallas rally to turn out voters ahead of the mayoral runoff; the Signature Room property in the Hancock tower goes up for sale; Hyatt Chairman Thomas Pritzker is among the billionaires subpoenaed in a Jeffrey Epstein...
04/03/23: What a life sciences win would mean for Chicago
March 31, 2023 21:12 - 21 minutes - 19.3 MBChicago is competing for another big biomedical hub. Crain’s health care reporter Katherine Davis talks with host Amy Guth about that and other efforts underway in the life sciences sector in and around Chicago. Plus: A federal judge blocks an Affordable Care Act rule requiring insurers to cover preventive care; a Lake Shore Drive redesign project shows off a dramatic new look for Oak Street Beach; CVS' acquisition of Oak Street Health clears a regulatory hurdle; and a Lurie Children's Hospi...
03/30/23: Chicago housing market shows its resilience
March 29, 2023 21:51 - 49 minutes - 45 MBCrain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local market, including how home price growth here topped the national rate for the first time in years. Plus: Star witness and government mole Fidel Marquez takes stand in 'ComEd Four' trial; Walgreens' health care segment grows after billion-dollar investments; Chicago restaurants that are now James Beard Award finalists; and Chicago parks look for outside help to put sex abuse scandal (and ...
03/29/23: Art Institute under pressure to return key artifacts
March 28, 2023 20:07 - 29 minutes - 27.4 MBA collection at the Art Institute has increasingly come under scrutiny as the museum has faced questions about its commitment to ethical collections. Crain's contributor Elyssa Cherney and ProPublica's Steve Mills, who reported on the Art Institute’s Alsdorf collection, talk with host Amy Guth about the story. Plus: Outcome Health founders skip taking the stand in their federal fraud trial, city picks projects to advance LaSalle Street apartment conversions and backs plan for $47 million hou...
03/28/23: Going way, way back at the Field Museum
March 27, 2023 19:21 - 23 minutes - 21.3 MBCrain’s contributor Graham Meyer, who writes the weekly Big Ticket column, talks with host Amy Guth about can’t-miss arts and culture events in the month ahead, including an exhibition at the Field Museum with artifacts from the Stone Age. Plus: United to start air-taxi service to O'Hare in 2025; Rivian reportedly relocating some engineers to Normal plant; 2022 was a tough year for Chicago's largest money managers, but it could've been worse; and Giannoulias fears 'catastrophic' data hack, w...
03/27/23: A strange fixture in Chicago's budget process
March 24, 2023 21:36 - 21 minutes - 19.6 MBCrain’s contributor Steve Hendershot talks with host Amy Guth about the latest installation of the “One City, 50 Wards” project, a joint series from Crain’s and the University of Chicago Center for Effective Government that explores how Chicago’s city government is designed, how it functions and how it performs. Plus: Chicago mayoral candidates visit Crain’s editorial board, the prosecution wraps up in Outcome Health trial, Chicago breaks into top 10 of world financial centers rankings and C...
03/23/23: 'Silver tsunami' creates another housing boom
March 22, 2023 18:18 - 51 minutes - 47.5 MBCrain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market, including a surge in more affordable senior housing developments. Plus: Investors sue Lightfoot administration over scuttled deal next to Michael Reese site, cannabis industry trade orgs plead for SAFE Banking hearing, Elizabeth Warren wants FTC review of CVS-Oak Street Health deal, and proposed legislation aims to alleviate medical debt burden in Illinois.
03/22/23: Mad dash in the Chicago mayoral race
March 21, 2023 21:35 - 23 minutes - 21.7 MBCrain’s politics reporter Justin Laurence talks with host Amy Guth about the Chicago mayoral runoff race and what to expect in the final stretch ahead of election day. Plus: The economic value of Lollapalooza to Chicago, compared to NASCAR; the Economic Club names Sean Connolly as next board chair; Rush plans West Side outpatient center; and ComEd valued the passage of 2016 energy law at $1.8 billion.
03/21/23: For some developers, a hard ceiling on juicy contracts
March 20, 2023 20:22 - 21 minutes - 19.2 MBCrain’s Cassandra West talks with host Amy Guth about how contractors and developers are benefitting from big projects, but for some minority- and women-owned businesses, growth is limited by revenue caps. Plus: Mayoral runoff marathon continues; U of I clean energy research gets $120 million boost from feds; after layoffs, health care consultancy offers one of downtown's largest subleases; and state lawmakers advance measure to regulate ride-shares like public transit.
03/20/23: This vet's clinic looks like your doctor's office
March 17, 2023 20:44 - 23 minutes - 21.3 MBCrain's health care reporter Katherine Davis talks with host Amy Guth about a Chicago veterinary startup betting its expansion on a tried-and-true model — human health care. Plus: Jesus "Chuy" Garcia endorses Brandon Johnson, Grubhub and Uber can’t move price-fixing suit to arbitration, Chicago competing for another big biomedical hub, Rivian Automotive's chief engineer returns to McLaren and how grad student unions at NU and U of C may change Chicago's labor landscape.
03/16/23: Brandon Johnson pushes 'mansion tax' revival
March 15, 2023 18:00 - 42 minutes - 38.8 MBCrain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about local housing news, including how mayoral runoff candidate Brandon Johnson supports a tax measure meant to fight homelessness in Chicago. Plus: Pritzker, 14 other governors ask major pharmacies to clarify abortion pill distribution plan; electric vehicle production is slowly catching up to demand; more retailers expanding to Fulton Market; and Wall Street rewards Illinois with a debt upgrade — but doesn't s...
03/15/23: Grubhub leadership shake-up
March 14, 2023 20:27 - 19 minutes - 17.7 MBGrubhub's CEO is leaving less than two years after stepping into the role. Crain's reporter Ally Marotti talks about the leadership shakeup with host Amy Guth. Plus: NASCAR bumps Taste of Chicago to new month, Pritzker reportedly promises Dem leaders that costs for a Chicago convention would be covered, Univar Solutions to be acquired by Apollo Global for $8.1 billion and Chicago Fire sign lease agreement for Near West Side training facility.
03/14/23: Aftershock from SVB collapse
March 13, 2023 19:01 - 25 minutes - 23.2 MBCrain’s reporter Steve Daniels talks with host Amy Guth about Silicon Valley Bank: What went wrong, why, and should we worry about something similar happening in Chicago? Plus: Rivian reportedly negotiating end to exclusivity deal with Amazon, lender seizing vacant Loop landmark, Juul settles with Chicago for nearly $24 million, and United Center concession workers reach tentative agreement with employer.
03/13/23: Duly's murky future
March 10, 2023 20:26 - 22 minutes - 21 MBCrain’s health care reporter Katherine Davis talks with host Amy Guth about how the future for independent physician groups is growing more uncertain. Plus: Biden budget includes $350 million for Red Line extension; former Apple store on Mag Mile scores a new tenant; Pritzker shakes up ICC with new chair, two other new appointments; and GM offering buyouts to most U.S. salaried workers.
03/09/23: A Prohibition-era bar, in a co-op unit
March 08, 2023 19:40 - 34 minutes - 31.3 MBCrain's residential real estate reporter Dennis Rodkin talks with host Amy Guth about local housing news, including the listing of a Jazz Age co-op on Lake Shore Drive once owned by a federal judge with a secret bar. Plus: NASCAR may force Taste of Chicago from its longtime Grant Park home, United Airlines pilot contract talks hit turbulence, state extends deadline for craft cannabis businesses and seven restaurants added to Michelin's Chicago guide.
03/08/23: O'Hare upgrades to come
March 07, 2023 20:01 - 24 minutes - 22.7 MBCrain’s reporter John Pletz talks with host Amy Guth about the $50 million O'Hare is getting from the FAA for Terminal 3 enhancements. Plus: Toni Preckwinkle enters the endorsement arena with a nod for Brandon Johnson; Chicago lands $80 million to address opioid crisis; Illinois hotels go after "abusive" customers, home-share industry; and power grid operator warns of shortages ahead.
03/07/23: A Chicago mayoral election unlike any other
March 06, 2023 22:29 - 19 minutes - 17.8 MBCrain's political columnist Greg Hinz talks with host Amy Guth about the upcoming battle for the top job at City Hall. Plus: Rivian tells staff EV output may be 24% more than forecast, Allstate's new CFO sells more than $1 million in company stock, big Streeterville retail complex hits the market and United Center concession workers walk off the job in one-day strike.
03/06/23: Insurance giants deep in the red
March 03, 2023 21:52 - 31 minutes - 28.6 MBCrain’s reporter Steve Daniels talks with host Amy Guth about the financial outlook for local insurance groups, specifically how State Farm posted a record $6.7 billion loss as inflation took a toll and how red ink threatens Allstate's stock-buyback plans. Plus: What’s shaping up to potentially be the most divisive mayor's race in years is being fueled by both unions and executive donors, Walgreens won’t sell abortion pills in 20 states after warning, developers unveil plans to turn LaSalle ...
03/02/23: How to sell Michael Jordan's mansion
March 01, 2023 19:29 - 51 minutes - 47 MBCrain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about local housing news, including two homes tied to the '90s-era Chicago Bulls, price cuts that were bigger than the final price for a Gold Coast mansion and more. Plus: Lightfoot won’t get another term as Chicago voters set up a stark choice in April mayoral runoff, appeals court rejects Illinois attempt to revive Equal Rights Amendment, Green Thumb Industries loses $51 million in Q4 despite revenue increase a...
03/01/23: Safety concerns on Advocate co-CEO's mind
February 28, 2023 22:04 - 20 minutes - 19 MBCrain's health care reporter Katherine Davis talks to host Amy Guth about comments from Advocate Health's co-CEOs on issues impacting them and the city ahead of the mayoral election. Plus: O'Hare gets $50 million from FAA for Terminal 3 upgrades, Walgreens Boots Alliance plans partial HQ sale, Target and Solo Cup are opening huge warehouses in the southwest suburbs and U of I is getting into the business of angel investing.
02/28/23: Big grocery combo should worry Kraft, Mondelez
February 27, 2023 22:41 - 31 minutes - 28.8 MBCrain's reporter Ally Marotti and host Amy Guth discuss why Chicago's packaged foods giants should be concerned about the proposed Kroger-Albertson's merger, and they talk about the challenges and wins faced by the city's Black restaurant owners. Plus: The candidates for mayor rally for support on the final weekend before Election Day; more people are living downtown now than before the pandemic; Chicago's 25 largest employers exceed pre-COVID headcount; and McCormick Place lands a big conve...
02/27/23: Once-a-decade chance to catch the opera
February 24, 2023 18:22 - 23 minutes - 21.4 MBCrain’s contributor Graham Meyer, who writes the weekly Big Ticket column for Crain's, talks with host Amy Guth about can’t-miss arts and culture events in the month ahead, including how Chicago is boldly presenting new operas. Plus: Illinois gets another credit rating upgrade from S&P, the number of Allstate agents falls to lowest level in memory, New York real estate firm lining up big Fulton Market deal and news group focused on gun crime setting up Chicago bureau.
02/23/23: You thought the housing market was slow before?
February 22, 2023 19:46 - 42 minutes - 38.6 MBCrain's residential real estate reporter Dennis Rodkin talks with host Amy Guth about local housing news, including how the usual winter home sales slowdown is back with a vengeance. Plus: Flight cancellations hit O'Hare and Midway as winter storm rolls through Midwest; BDT takes Weber private as grill maker's financials worsen; Kraft Heinz looks to new sauces, Mexican products and flavor for growth; and $225 million U of C lab project underway in Hyde Park.
02/22/23: Dilemma behind going cashless
February 21, 2023 21:24 - 15 minutes - 14.3 MBCrain's reporter Corli Jay talks with host Amy Guth about a mandate proposed in Evanston that would abolish cashless business. Plus: Big questions remain in the mayor's race as Election Day looms; United Airlines partners with Boeing, JPMorgan Chase on a new fund to develop sustainable aviation fuel; MedMen looks to sell assets in Illinois, Arizona and Nevada; and about half of Chicagoans are back to working in the office—a higher measure than the national average.
2/21/23: Chicago hotels' next big problem
February 17, 2023 22:20 - 21 minutes - 19.3 MBCrain’s reporter Danny Ecker talks with host Amy Guth about hotels and union labor as collective bargaining agreements covering thousands of workers are set to expire late this summer. Plus: Former Rush Oak Park Hospital COO indicted for fraud, Deere raises guidance as cashed-up farmers fuel tractor boom, GE HealthCare recalls body scanner for risk of crushing patients and Carmine's prepares to close for Gold Coast rebuild.
02/16/23: Chicago's priciest condo listing
February 15, 2023 23:20 - 35 minutes - 32.1 MBCrain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about local housing news, including a look inside the highest-priced condo on the market in Chicago. Plus: Pritzker unveiling $500M plan to spur early childhood care and education, UChicago Medicine’s planned cancer center grows in cost and size, Greyhound bus station near downtown Chicago is up for sale and NU finally catches up to other Big Ten schools with important recruitment
02/15/23: Potbelly walks away from JPMorgan
February 14, 2023 21:40 - 20 minutes - 18.5 MBChicago-based Potbelly closed on a new $25 million loan, ending a relationship with JPMorgan Chase that had been strained since the early days of the pandemic. Crain’s reporter Ally Marotti talks with host Amy Guth about the company's finances and its expansion plans. Plus: U.S. inflation stays elevated, ticks slightly downward in Chicago metro area in January; study finds typical Chicago worker spends $2,387 less near office than before pandemic; and White Family Foundation donates $50 mill...
02/14/23: Backyard chicken farming makes it big
February 13, 2023 22:47 - 21 minutes - 19.7 MBThough consumers have seen egg prices come down, earlier price surges and the pandemic have fueled a boom of raising backyard chickens, even in the city. Plus: Bally's temporary Chicago casino at Medinah Temple clears gambling panel step, but faces hurdle on buying Tribune site; Ford further cuts Rivian shares; Clean-tech startup LanzaTech goes public; and Illinois craft brewers want to send beer straight to your home.
02/13/23: Tavern on Rush replacement moving in
February 10, 2023 22:34 - 19 minutes - 17.7 MBCrain’s reporter Ally Marotti talks with host Amy Guth about new restaurant openings on the horizon — one going into the former Tavern on Rush space, and others that are heading to O’Hare. Plus: Bill surfaces in Springfield to crack down on auto insurers and advocacy groups push for expansive paid family, medical leave in Illinois; Baxter to reduce workforce as part of cost-cutting plan; weed shop deal illustrates how values are dropping; and AbbVie's 2023 forecast misses expectations as com...
02/09/23: The upper crust of Chicago home sales
February 08, 2023 20:46 - 33 minutes - 30.7 MBCrain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the housing market, including a look at the 50 highest-priced home sales last year in Chicago and some clues that local home prices may have found their happy place. Plus: Execs pitch 10-year income tax hike to cover pensions, CVS agrees to buy Oak Street Health in $10.6 billion deal, West Loop office landlord hit with foreclosure lawsuit and demographic details revealed for Cook County guaranteed...
02/08/23: Does Chicago's government work?
February 07, 2023 20:32 - 27 minutes - 24.8 MBCrain's contributor Steve Hendershot talks with host Amy Guth about “One City, 50 Wards,” a joint series from Crain’s and the University of Chicago Center for Effective Government that explores the connections between how Chicago’s city government is designed, how it functions, and how it performs. Plus: ComEd trial defendants push to keep information from future jury, FAA needs until 2030 to fix safety system that failed last month, a new report says some Illinois hospitals still don’t comp...
02/07/23: Illinois' Medicaid enrollment cliff
February 06, 2023 20:21 - 16 minutes - 15.5 MBCrain’s health care reporter Katherine Davis talks with host Amy Guth about why hundreds of thousands of Illinois residents could lose Medicaid coverage this year. Plus: Illinois' biometric privacy law strengthened by latest high court ruling, Rivian investment drags down Amazon's quarterly results again, Illinois weed sales picked up in January, Curaleaf workers ask for Illinois judge for class action status in stolen tips lawsuit, and Sleet Home Chicago and six other newly named snowplows ...
02/06/23: McDonald's new growth strategy
February 03, 2023 22:01 - 17 minutes - 15.8 MBCrain’s reporter Ally Marotti talks with host Amy Guth about McDonald’s plans to open 1,900 locations this year. Plus: State AGs warn Walgreens and CVS about mailing abortion pills, how Chicago's annual inflation increase compares to other metro areas, U.S. payrolls surprise with surge as jobless rate hits 53-year low, and airline and hotel stocks soar as travel demand takes off.
02/02/23: Chicago housing market's weakness could soon be its strength
February 01, 2023 19:50 - 41 minutes - 37.8 MBCrain's residential real estate reporter Dennis Rodkin talks with host Amy Guth about news of the week from the local housing market, including how a lagging housing boom in Chicago could make the market more resilient. Plus: Rivian cutting workforce by 6% while FedEx CEO says the company plans to cut global management jobs by more than 10%, Congress reintroduces bill to stop surge of catalytic converter thefts, and Illinois' COVID disaster proclamation to end in May.
02/01/23: Wintrust CEO's unusual exit
January 31, 2023 21:54 - 27 minutes - 25 MBCrain’s reporter Steve Daniels talks with host Amy Guth about Wintrust's outgoing CEO Ed Wehmer and how he's leaving behind an oddity—a commercial bank still based in Chicago. Plus: Groupon to lay off another 500 people, McDonald’s slips as operating margin misses estimates, Caterpillar costs bite in first earnings miss since 2020 and FAA adds safeguards to U.S. flight system to prevent new outages.
01/31/23: Chicago getting $100 million from ComEd deal
January 30, 2023 22:50 - 21 minutes - 19.4 MBCrain’s utilities reporter Steve Daniels talks with host Amy Guth about a pending agreement struck by Mayor Lightfoot that would have ComEd serving the city of Chicago for at least the next 15 years. Plus: The $55 million purchase of one of Chicago's best-known marijuana shops is called off, Tyson Foods lists massive West Loop office for sublease, Oak Brook landlord buys 149 apartments in downtown Wheaton and Northwestern-born nanotech startup designing breakthrough cancer vaccine.
1/30/23: Dinner and a show this Valentine's
January 27, 2023 20:41 - 24 minutes - 22 MBCrain's contributor Graham Meyer—who writes the weekly Big Ticket column—talks with host Amy Guth about can’t-miss arts and culture events for the month ahead. Plus: Uber and Lyft used to be much cheaper than taxis, but now cabs are leveling the playing field; McDonald's former HR chief to face lawsuit over CEO-worker affairs; Uber Freight cuts 150 jobs, some in Chicago; and UChicago Pritzker School of Medicine withdraws from U.S. News rankings.