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Patient capital focused on retail development will boost low-income neighborhoods’ economies
News 2 days ago
Patient capital focused on retail development will boost low-income neighborhoods’ economies

The signs of Chicago's sustained economic growth are as visible as the cranes dotting our skyline and as tangible as our thriving downtown business...

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Elgin credit union strikes deal for Arlington Heights community bank
News 2 days ago
Elgin credit union strikes deal for Arlington Heights community bank

For the third time in less than a year, a credit union is buying a Chicago-area bank. This time, it's Elgin-based Corporate American Federal Credit...

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The Peninsula's Lobby has a new chef. Here's our review.
News 2 days ago
The Peninsula's Lobby has a new chef. Here's our review.

All restaurant meals are paid for by Crain's reviewers, who visit restaurants anonymously. They sometimes follow up with phone calls to management...

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The John Paul Stevens they knew
News 2 days ago
The John Paul Stevens they knew

Jeffrey Tone, studying for law school exams, decided to hunker down in his father's downtown court chambers on the day after Thanksgiving in 1975....

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Google eyeing massive Fulton Market expansion
News 3 days ago
Google eyeing massive Fulton Market expansion

Less than a year after announcing plans to expand its footprint in the Fulton Market District with a big new office, Google is once again searching...

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New CIO aims to simplify state's complex IT problem
News 3 days ago
New CIO aims to simplify state's complex IT problem

Ron Guerrier was in his den in Arlington Heights, during the polar vortex in January, with the windchill approaching 51 below zero, when his phone...

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Sales training software company triples Loop office space
News 4 days ago
Sales training software company triples Loop office space

A Belgian software company that's been bulking up its Chicago workforce is more than tripling the size of its office in the Loop, adding to a flood...

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Last week's most-viewed real estate stories
News 5 days ago
Last week's most-viewed real estate stories

A change in the method for valuing properties has resulted in soaring assessments for properties like the Glen View, a 298-unit apartment complex...

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Huge South Side apartment complex to sell for $180 million
News 1 week ago
Huge South Side apartment complex to sell for $180 million

Two Chicago developers are teaming up to acquire one of the biggest housing projects in Chicago: Prairie Shores, a 1,675-unit apartment complex...

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U of I's dream of a South Loop research campus still showing signs of life
News 1 week ago
U of I's dream of a South Loop research campus still showing signs of life

Months after its original advocates Gov. Bruce Rauner and Mayor Rahm Emanuel left office, a huge research facility proposed for the Near South Side...

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Flexpoint Ford raises biggest fund
News 1 week ago
Flexpoint Ford raises biggest fund

Chicago private-equity firm Flexpoint Ford has wrapped up its biggest round of fundraising ever, raising $1.5 billion for a flagship fund and...

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Griffin wins the hedge fund race in this year's first half
News 1 week ago
Griffin wins the hedge fund race in this year's first half

Ken Griffin, who runs the $30 billion hedge-fund firm Citadel, is beating his largest rivals, gaining 13.6% in the first six months of the year in...

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Why Kirkland wants to represent more plaintiffs
News 1 week ago
Why Kirkland wants to represent more plaintiffs

Kirkland & Ellis plans to offer contingency fees more often as it seeks a greater share of the market for high-end, plaintiff-side litigation. The...

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Colorado investor buying former Sara Lee HQ for $128 million
News 1 week ago
Colorado investor buying former Sara Lee HQ for $128 million

A Colorado real estate investor is finalizing a deal to buy a Downers Grove office building in what stands to be the biggest suburban office sale...

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A chance to change the trajectory of our state
News 1 week ago
A chance to change the trajectory of our state

It's difficult to keep track of the accomplishments that came out of the final weeks of Gov. J. B. Pritzker's first legislative session-a historic...

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U.S. stock rally fades, treasuries rise on Powell
News 1 week ago
U.S. stock rally fades, treasuries rise on Powell

Equities that had slumped since Friday's strong jobs report rallied back to all-time highs after the Fed chairman signaled a willingness to lower...

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Piper builds Chicago footprint with Sandler purchase
News 1 week ago
Piper builds Chicago footprint with Sandler purchase

Minneapolis-based banking company Piper Jaffray will keep growing its footprint in Chicago with its latest $485 million purchase of New York peer...

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Fulfilling Chicago’s transportation destiny
News 1 week ago
Fulfilling Chicago’s transportation destiny

A world-class system of roads, bridges, light rail, freight rail, water and aviation made Chicago the leading transportation hub in the nation. Our...

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City of big, aching shoulders
News 1 week ago
City of big, aching shoulders

About $19.4 billion to bring the region's public transit assets to a state of good repair. The nation's third most congested urban area, imposing...

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How congestion pricing can help Chicago's infrastructure
News 1 week ago
How congestion pricing can help Chicago's infrastructure

Imagine a Chicago with less crumbling infrastructure, fewer congested roads and more extensive transit and bicycling options. Envision the Windy...

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Sales-Griffin to lead Techstars startup program
News 1 week ago
Sales-Griffin to lead Techstars startup program

Neal Sales-Griffin is returning to his roots. He's taking over Techstars Chicago, one the best-known startup accelerators. The 31-year-old...

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North suburban landlords slapped with big assessment hikes
News 1 week ago
North suburban landlords slapped with big assessment hikes

If you own a house in Northbrook or Park Ridge and were taken aback by how much your assessment just jumped, just be happy that you don't own that...

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Garcia alleges Social Security letters a Trump attempt to 'intimidate' immigrants
News 1 week ago
Garcia alleges Social Security letters a Trump attempt to 'intimidate' immigrants

A Chicago congressman today warned of a fast-increasing new way in which the Trump administration allegedly is trying to "intimidate" immigrants in...

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The Trump tariff twist that's cost U.S. Steel $5.6 billion
News 1 week ago
The Trump tariff twist that's cost U.S. Steel $5.6 billion

Exuberance over the levies dramatically boosted U.S. output just as the global economy was cooling, undercutting demand. That dropped prices,...

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Wells Fargo taps Chase Tower branch manager to run retail in Chicago
News 1 week ago
Wells Fargo taps Chase Tower branch manager to run retail in Chicago

Wells Fargo has hired a 35-year-old veteran of JPMorgan Chase to run its eight branches in the Chicago market. Nirag Patel, who previously managed...

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Skidmore wins pact for O'Hare satellite terminals
News 1 week ago
Skidmore wins pact for O'Hare satellite terminals

A hometown team has won again in the heated competition to build new passenger terminals at O'Hare International Airport. The city today announced...

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Last week's most-viewed real estate stories
News 1 week ago
Last week's most-viewed real estate stories

Our most-popular real estate-related story last week was about a Chicago real estate agent in the upper echelons of agents nationwide. The top five...

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Why a rebound at Deere looks premature
News 2 weeks ago
Why a rebound at Deere looks premature

Deere's stock rose in mid-May and June alongside the future price of corn, as investors bet that farmers would spend the extra income on new...

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City's economic development czar takes on a tricky balancing act
News 2 weeks ago
City's economic development czar takes on a tricky balancing act

Samir Mayekar doesn't exactly fit the mold for City Hall's ambassador to the business community. He doesn't come from the traditional corporate...

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A pension fix requires leadership from the governor
News 2 weeks ago
A pension fix requires leadership from the governor

When she took office earlier this year, everybody knew Mayor Lori Lightfoot was going to have an enormous problem on her hands: a $1 billion...

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