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Life sciences hub planned for Fulton Market
News 1 month ago
Life sciences hub planned for Fulton Market

Developer Trammell Crow aims to build a 400,000-square-foot lab and office building in the trendy corridor, hoping it will help nurture biotech and...

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Grubhub shares take off on sale talk
News 1 month ago
Grubhub shares take off on sale talk

The Wall Street Journal says the company has retained advisers to consider potential moves, and traders buy in. But one analyst has his doubts. "I...

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Time Out's food hall
News 1 month ago
Time Out's food hall

916 W. Fulton Market 312-637-3888 All restaurant meals are paid for by Crain's reviewers, who visit restaurants anonymously. They sometimes follow...

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'Leaving Illinois was not an easy decision for us'
News 1 month ago
'Leaving Illinois was not an easy decision for us'

A Waukegan-based logistics company is taking its business across state lines to Wisconsin-and taking its 50 employees with it. Trifinity...

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New museum opening in Chicago this summer
News 1 month ago
New museum opening in Chicago this summer

The Museum of Illusions, coming to the Loop, focuses on optical illusions with Instagrammable installations to show perception and reality aren't...

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Pier 1 dives after unveiling staff cuts, reorganization plan
News 1 month ago
Pier 1 dives after unveiling staff cuts, reorganization plan

Shares plunged close to 40 percent a day after the home-furnishings retailer reported more falling sales. Storewide sales are underway at 12 of its...

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Lightfoot steps in on 606 homebuilding moratorium
News 1 month ago
Lightfoot steps in on 606 homebuilding moratorium

The mayor says she has concerns about the legality of a plan by a pair of aldermen to pause new homes in a rapidly changing neighborhood near the...

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Naperville apartments fetch $96 million
News 1 month ago
Naperville apartments fetch $96 million

About a month after buying a large apartment complex in Aurora, a joint venture including New York investment firm Cantor Fitzgerald has acquired...

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Penny Pritzker-backed tech booster heads to Fulton Market
News 1 month ago
Penny Pritzker-backed tech booster heads to Fulton Market

A group backed by Penny Pritzker that's trying to raise Chicago's tech profile is setting up shop in the city's trendiest corporate neighborhood....

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California investor buys new north suburban apartments
News 1 month ago
California investor buys new north suburban apartments

A West Coast real estate firm is joining the crowd of investors betting on Chicago's suburban apartment market. A venture of Irvine, Calif.-based...

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Changes to health care law in Illinois
News 1 month ago
Changes to health care law in Illinois

NEW LAWS TO WATCH FOR IN 2020: It's a new year, which brings a host of new laws in Illinois. The General Assembly and Gov. J. B. Pritzker put into...

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The big political stories of 2019
News 1 month ago
The big political stories of 2019

Click here to subscribe to Crain's Daily Gist on iTunes, Spotify and Stitcher! The big political stories of 2019

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A $41 billion pension fund is betting big on private credit
News 1 month ago
A $41 billion pension fund is betting big on private credit

Investors have plowed hundreds of billions of dollars into private-credit funds in recent years, lured by premiums that are more than five...

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Private equity ran amok in the 2010s
News 1 month ago
Private equity ran amok in the 2010s

Twenty years ago, writing in Fortune magazine, I dubbed the 1990s "the Nasdaq Decade." And why not? Practically from the moment the browser company...

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Soy heads for best month since 2016 on China demand optimism
News 1 month ago
Soy heads for best month since 2016 on China demand optimism

Futures in Chicago jumped on the news that Chinese Vice-Premier Liu He is set to lead a delegation to Washington this Saturday, likely to sign the...

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Pot stocks end 2019 on a dismal note as ETF falls to record low
News 1 month ago
Pot stocks end 2019 on a dismal note as ETF falls to record low

The Horizons Marijuana Life Sciences ETF slid as much as 4.8% to C$8.20, the lowest since it was launched in April 2017. The fund, known by its...

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Boeing loses another high-ranking exec amid 737 Max crisis
News 1 month ago
Boeing loses another high-ranking exec amid 737 Max crisis

Michael Luttig, 65, will retire at year-end, Boeing said in a statement Thursday, three days after the planemaker announced the departure of Dennis...

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People on the move in 2019
News 2 months ago
People on the move in 2019

A look back at the retirements and new leadership announcements, shakeups and deaths in Chicago health care in the last year. New CEO at Amita...

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Weed rises, Outcome falls, O'Hare looms
News 2 months ago
Weed rises, Outcome falls, O'Hare looms

Click here to subscribe to Crain's Daily Gist on iTunes, Spotify and Stitcher! As the year comes to a close, Daily Gist host Amy Guth speaks with...

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MillerCoors' low-alcohol beer plugs 'dry-ish' January
News 2 months ago
MillerCoors' low-alcohol beer plugs 'dry-ish' January

Miller64, the low-alcohol and low-calorie beer from MillerCoors, wants to give drinkers pause before they fully commit to Dry January, the...

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Sears selling DieHard
News 2 months ago
Sears selling DieHard

Sears is offloading another traditional brand. Advance Auto Parts will buy Sears' car battery brand DieHard for $200 million in cash, Advance CEO...

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Boeing ousts CEO
News 2 months ago
Boeing ousts CEO

Dennis A. Muilenburg resigned effective immediately. Boeing's board named current chairman David L. Calhoun CEO and president, effective Jan. 13. ...

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Boeing Starliner misses Space Station rendezvous as crisis deepens
News 2 months ago
Boeing Starliner misses Space Station rendezvous as crisis deepens

The development this morning with the unmanned capsule is another high-profile setback for the company, already reeling from the nine-month...

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Maternal health post-pregnancy • Reaction to court striking down ACA individual mandate
News 2 months ago
Maternal health post-pregnancy • Reaction to court striking down ACA individual mandate

A recent Chicago Department of Public Health report shows wide disparities in maternal health and pregnancy-related deaths among different...

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How long-ago power plays set ComEd's current woes in motion
News 2 months ago
How long-ago power plays set ComEd's current woes in motion

The roots of the utility's entanglement in a wide-ranging federal probe of Illinois political corruption stretch back to a time when the company...

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Irish firm sues Boeing over Max jets
News 2 months ago
Irish firm sues Boeing over Max jets

A company that buys and leases airplanes wants to void contracts for almost two dozen 737 Max aircraft, and demands at least $185 million in...

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State opens applications for social-equity weed loan fund
News 2 months ago
State opens applications for social-equity weed loan fund

As the City Council prepares to vote on delaying weed sales in Chicago, a long-awaited fund for would-be licensees starts taking applications. As...

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HCSC layoffs • Hospitals create jobs to reduce disparity • Horizon clears a hurdle on TED drug
News 2 months ago
HCSC layoffs • Hospitals create jobs to reduce disparity • Horizon clears a hurdle on TED drug

Health Care Service Corp., the Blue Cross & Blue Shield Illinois parent, is laying off a few dozen employees following a wave of executive exits....

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Boeing's 737 halt likely to dent nation's GDP—but just for a while
News 2 months ago
Boeing's 737 halt likely to dent nation's GDP—but just for a while

The company's decision to temporarily suspend production starting next month comes as the world's largest economy has shaken off resurgent...

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Sterling Bay plans its 10th Fulton Market office building
News 2 months ago
Sterling Bay plans its 10th Fulton Market office building

The developer that brought Google and McDonald's to the neighborhood wants to construct a 14-story building at Carroll and Racine, according to a...

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