Crain's Daily Gist

Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to talk news from around the local housing market, including the second-highest sale price of 2024 and multimillion-dollar Highland Park condos attracting empty-nesters from downtown. Plus: LanzaJet lands $20 million as its green jet fuel prepares for takeoff, Lurie out of the woods after cyberattack, developers propose nearly 1,800 apartments for Fulton Market and Wilson Sporting Goods gives Caitlin Clark a signature basketball line.

From prosecutors to legal coaches for protesters, preparations are underway for the Democratic National Convention this summer in Chicago. Crain’s politics reporter Leigh Giangreco talks with host Amy Guth about lawyers making the rounds with protesters and plans from various agencies, including the Cook County State’s Attorney’s Office. Plus: Legislature looks at tax breaks for quantum computing; WeWork shuttering Fulton Market location, keeping others in Chicago; Tempus, Chicago's biotech darling, files to go public; Fitch lowers the University of Chicago's financial outlook to negative; and U.S. to deploy more than $50 million to shield private hospitals from cyberattacks.

The Justice Department has taken initial steps in the formal process to reschedule marijuana as a less dangerous drug. Crain’s cannabis reporter John Pletz talks with host Amy Guth about what the move would mean for the bottom line of Chicago cannabis companies. Plus: Johnson hints at a new tax on professional services, major construction at O'Hare won't start till next year, developer unveils renderings for $1.1 billion project near casino site and Crain's brand-new list of top architecture firms.

Crain's restaurants reporter Ally Marotti talks with host Amy Guth about the best new spots for lunch, dinner or drinks downtown. Plus: Chicago won't give up nearly $50 million it's owed under Bears proposal, United Airlines says FAA has lifted operational freeze in safety review, ING says airfares can only keep rising due to supply chain problems, overhaul of Lincoln Park shopping center could include 500-unit apartment tower and Mondelez faces shareholder vote on human rights in Russia.

Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to talk news from the local housing market, including sellers facing the reality of a downtown condo slump while other luxury markets soar. Plus: Museum of Science & Industry finally rebrands under Ken Griffin's name, McDonald's sells $1 billion of bonds as debt set to mature, Justice Department finds Boeing breached prosecution deal over Max crashes, owner of River North apartments gets $19 million refinancing, and Foxtrot and Dom's file for bankruptcy.

One year into his mayorship, Brandon Johnson touts he's built inroads with Chicago's business community. Crain’s politics reporter Justin Laurence and host Amy Guth recap his time in office up to now and look ahead at headwinds awaiting him in year two. Plus: Kraft Heinz explores a sale of Oscar Mayer; airlines, including United, sue Transportation Department over fee-disclosure rules; big LaSalle Street tenant eyes move to Wacker Drive; and Chicago's largest public companies list sees a shake-up in rankings.

With new leadership, a more diverse board and the lifting of the governor's freeze-out, the City Club of Chicago has a new lease on life. Crain's political columnist Greg Hinz talks with host Amy Guth about how the public affairs discussion group could be getting its mojo back. Plus: Trump may owe $100 million from double-dip tax breaks on Chicago tower, Chicago Fed chief says not much evidence of inflation stalling out, Oak Brook office landlord hit with $25 million foreclosure lawsuit, T-Mobile and Verizon reportedly plan to divide up U.S. Cellular and Foxtrot assets sell for $2.2 million at auction.

Congress has called on Northwestern University President Michael Schill to testify amid calls for his ouster. Crain’s education reporter Brandon Dupré talks with host Amy Guth about the situations on Northwestern and other Chicago university campuses over the Israel-Hamas war. Plus: FAA oversight of United Airlines to be audited by watchdog; Ascension reports cybersecurity incident, possible data breach; investors testing the market with big suburban apartment listings; and one out of every 22 Chicago residents is now a millionaire.

Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market, including a big idea behind a little house, how low mortgage rates factor into the job market and more. Plus: Legalizing video gambling in Chicago could come with a major hitch; claiming fraud, lender sues migrant shelter landlord; Rivian's first-quarter net loss widens to $1.45 billion; and Foxtrot assets to be sold at auction.

The state of Illinois is closing in on what it believes could be the biggest technology project in state history: a $20 billion quantum-computing campus. Crain's reporter John Pletz discusses with host Amy Guth. Plus: Congress calls on Northwestern University president to testify; UChicago Medicine residents overwhelmingly vote to form union; Boeing faces a new FAA probe — this time of Dreamliner production; and changes expected for the City Club.

Following layoffs and compensation cuts, Moody's downgraded Duly Health & Care for "deteriorating" performance. Crain's health care reporter Katherine Davis talks with host Amy Guth about the private-equity-backed physicians group's financial outlook. Plus: Airlines and City Hall reach agreement on O'Hare revamp, Illinois awards 35 new pot-shop licenses, offices near O'Hare with little vacancy hit the market and Endeavor Health posted $470 million surplus last year.

The embattled Chicago Transit Authority is taking another hit from Springfield, this time from a bill that would dramatically change the face of mass transit around the city and who controls it. Crain's political columnist Greg Hinz discusses the issue with host Amy Guth. Plus: A deal to restore peace at Northwestern is sparking more friction, mostly empty former Salesforce office property hits the market, owner of homeless shelter near Mag Mile files for bankruptcy amid foreclosure suit, and Rivian will add over 500 jobs in Normal to make its new SUV.

Small Midwestern cities dominated the latest list of hot home markets, with Rockford at the top. Crain’s residential real estate reporter Dennis Rodkin explains the phenomenon to host Amy Guth. Plus: The impact of rescheduling marijuana, Walgreens stock lashed, Loop office tower owner hit with $276 million foreclosure lawsuit and Jewish groups, including the Anti-Defamation League, call for President Schill's ouster at Northwestern.

Another gunshot detection company is looking for a way in with the city. Crain’s politics reporter Leigh Giangreco and host Amy Guth discuss ShotSpotter’s uncertain fate in Chicago. Plus: Peeling back the sticker price on Bears stadium reveals even more costs, Foxtrot and Dom’s suppliers face fallout from abrupt closures, three Chicago-area bridges among the most vulnerable in the U.S. and American dropping some global flights on Boeing 787 delays.

The Chicago Bears are angling for a large cut of revenue from events under their new stadium plan. Crain’s reporters Danny Ecker and Justin Laurence talk with host Amy Guth about the team’s proposed vision for its reimagined lakefront home. Plus: Lawmakers propose unifying CTA, Metra and Pace; Mayor Johnson eyes legalizing video gaming in Chicago; Boeing credit outlook gets gloomier as Fitch also turns negative; and slow work authorizations frustrate new asylum-seekers and industry leaders alike.

Crain's retail reporter Ally Marotti talks with host Amy Guth about the abrupt closure of Foxtrot and Dom’s Kitchen & Market. Plus: Bears angling for huge cut of cash-flow pie at new stadium — including concerts; Walgreens launches gene, cell therapy pharmacy business; Boeing prosecutors aim to decide on criminal charge over Max crashes by June; and Art Institute defends its ownership of artwork prosecutors say was stolen during the Holocaust.

Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to talk news from the local housing market, including how affordability here is the lowest it’s been in at least 17 years. Plus: Foxtrot and Dom's facing lawsuit one day after shuttering stores, Southwest cutting more than a third of its flights at O'Hare, Skokie office complex sold to developers at a staggering discount and Chicago's largest privately held companies see another year of growth.

Crain’s reporters Katherine Davis and Brandon Dupré talk with host Amy Guth about local labor movements in the worlds of health care, academia, and arts and culture. Plus: At O'Hare, senators sound an optimistic note despite earlier turbulence; Reinsdorf offers to open wallet for new Sox stadium; ADM says CFO will resign after accounting probe; and Moody's looks positively at Illinois.

AbbVie's Humira dam is beginning to crack. Crain’s health care reporter Katherine Davis talks with host Amy Guth about how the tide appears to be turning as CVS' pharmacy benefit manager replaces the blockbuster drug on its formulary list. Plus: City Council greenlights Johnson's plan to pump $1.25 billion into housing and development, ShipBob picks JPMorgan to lead IPO, ex-Citadel exec's trading firm expanding and moving to revamped Loop tower, and how Chicago's venture-capital and startup scene stacks up globally.

Mary Dillon's Foot Locker turnaround plan has Wall Street tapping its feet. rain's retail reporter Ally Marotti talks with host Amy Guth about the former Ulta CEO’s plans so far. Plus: Sterling Bay looks to sell more properties next to Lincoln Yards, Rivian cuts more jobs with woes mounting for electric vehicle market, watchdog group reportedly asks feds to probe Trump Chicago tower loan and police oversight chief defends herself amid criticism from city’s top cop.