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COVID raises the temperature in congressional race
News 1 month ago
COVID raises the temperature in congressional race

An already heated campaign for Congress in the western suburbs has exploded in swarm of invective and bitter words, with Democratic incumbent Sean...

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How COVID has kicked Uber and Lyft drivers to the curb
News 1 month ago
How COVID has kicked Uber and Lyft drivers to the curb

Rideshare drivers and app-based delivery folks are considered "essential" workers as part of the governor's stay-at-home order, yet we cannot even...

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How small-biz owners can get COVID relief
News 1 month ago
How small-biz owners can get COVID relief

For small businesses in Chicago feeling the impact of the coronavirus, federal, state, city and county programs are available, offering grants,...

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Tollway traffic drops, but trucks roll on for now
News 1 month ago
Tollway traffic drops, but trucks roll on for now

The Illinois Tollway is feeling the impact of the coronavirus, as many commuters are working from home. Passenger traffic was down 55 percent from...

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After idling for 16 years, Motor Row building to roll out as apartments
News 1 month ago
After idling for 16 years, Motor Row building to roll out as apartments

Kissel Kar Lofts, 36 units in a structure built in 1913 for a Wisconsin carmaker, is opening for leasing this week with occupancy available in May,...

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S&P move signals possible junk status soon for Illinois debt
News 1 month ago
S&P move signals possible junk status soon for Illinois debt

COVID-19 could soon take a toll on Illinois finances as S&P puts state debt that now hangs just above junk level on negative watch. COVID-19's...

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Four Citadel portfolio managers exit during turbulent March
News 1 month ago
Four Citadel portfolio managers exit during turbulent March

The four managers are Chris Connor, who ran a technology portfolio; Tio Charbaghi and Steve Bergman, who both ran baskets of industrial stocks; and...

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'Cash for Clunkers' overseer backs Ford's pitch for a sequel
News 1 month ago
'Cash for Clunkers' overseer backs Ford's pitch for a sequel

Ray LaHood, the former Transportation Secretary and onetime Illinois congressman, says the 2009 program he supervised was effective in buffering...

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Small-biz loan program off to a rocky start
News 1 month ago
Small-biz loan program off to a rocky start

Banks and businesses are still trying to figure out the details of the just-begun program under the pandemic relief bill that offers $350 billion...

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Rescue fund for small biz starts without Wells Fargo, JPMorgan
News 1 month ago
Rescue fund for small biz starts without Wells Fargo, JPMorgan

Bank of America Corp. is accepting applications online but only from clients "with a business lending and a business deposit relationship" at the...

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NorthShore CEO tested positive for COVID-19 • AbbVie funding field hospitals • Health care groups ask to up opioid production
News 1 month ago
NorthShore CEO tested positive for COVID-19 • AbbVie funding field hospitals • Health care groups ask to up opioid production

J. P. Gallagher of NorthShore University HealthSystem was among the hospital network's first coronavirus cases, Crain's has learned. NORTHSHORE CEO...

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Uber pauses construction at Old Post Office
News 1 month ago
Uber pauses construction at Old Post Office

The halt due to the coronavirus means the the ride-hailing company, which has leased 450,000 square feet in the office building, will move in next...

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Forum infrastructure
News 1 month ago
Forum infrastructure

Economic development in Chicago is all about location. Some neighborhoods sizzle, others barely tread water. City officials say they want to change...

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Investments should not forget the people
News 1 month ago
Investments should not forget the people

"If you're just looking to improve the lot of the people who live on the South and West sides, that could be great for them, but there's a pretty...

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Missing pieces
News 1 month ago
Missing pieces

Melvin Thompson had finally pulled off a deal to fix one of the biggest eyesores in his South Side neighborhood when he heard the news. It was a...

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WeWork asks landlords to help it cut its rent bill by up to 30%
News 1 month ago
WeWork asks landlords to help it cut its rent bill by up to 30%

The shared-office company has been contacting the largest owners of buildings in which it's a tenant and pitching solutions including revenue...

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National, state jobless claims set records
News 1 month ago
National, state jobless claims set records

The number of Americans applying for benefits surged for a second week, reaching about 10 million over the last two weeks. In Illinois, the figure...

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How much further can the Chicago hotel market fall?
News 1 month ago
How much further can the Chicago hotel market fall?

Can the downtown hotel market go to zero? It took a step closer the week of March 22, when the downtown hotel occupancy rate fell to 5.9 percent,...

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Here are Illinois' COVID-19 test numbers so far
News 1 month ago
Here are Illinois' COVID-19 test numbers so far

State officials today released the first detailed information on how many people now are being tested for COVID-19 in Illinois and how many are...

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Coronavirus clampdown could hurt Sam Zell's RV parks
News 1 month ago
Coronavirus clampdown could hurt Sam Zell's RV parks

With many national and state parks and other tourist attractions shut down, fewer families could be hitting the road in their Winnebagos. That's...

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Springfield split along partisan lines over expanded mail balloting
News 1 month ago
Springfield split along partisan lines over expanded mail balloting

Pritzker's call to allow "all or substantially all" November voting via mail in light of COVID fears draws sharply differing reactions from...

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Abbott's 5-minute COVID test • UChicago bringing back exposed employees • Who's testing and how
News 1 month ago
Abbott's 5-minute COVID test • UChicago bringing back exposed employees • Who's testing and how

ABBOTT HAS 5-MINUTE COVID-19 TEST: Abbott Laboratories says it has received approval for the fastest COVID-19 test to date. The North Chicago...

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Test Article
News 1 month ago
Test Article

Have something to get off your chest? You can send us an email. Or tell us on our Facebook page or on Twitter, @CrainsChicago. Test Article

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United, Delta signal longer-term job cuts on travel collapse
News 2 months ago
United, Delta signal longer-term job cuts on travel collapse

The carriers won't impose furloughs or pay cuts before Sept. 30. But United's top execs warn, "If the recovery is as slow as we fear, it means our...

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MacMurray College shutters after 174 years
News 2 months ago
MacMurray College shutters after 174 years

The Jacksonville, Ill. college said that the coronavirus pandemic wasn't the main reason it closed, but it worsened the school's financial stress....

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Pritzker again rips Trump, saying lack of COVID-19 action could be 'deadly'
News 2 months ago
Pritzker again rips Trump, saying lack of COVID-19 action could be 'deadly'

The governor renews his push to get the White House to do more-and move more quickly-to fight the fast-growing pandemic. And as Pritzker was still...

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Managing the COVID crisis is the ultimate balancing act
News 2 months ago
Managing the COVID crisis is the ultimate balancing act

Even as the mayor and the governor are clamping down in a bid to stem the tide of this pandemic, President Donald Trump took another step toward a...

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Here's another risk factor
News 2 months ago
Here's another risk factor

Some local companies headed into the coronavirus crisis carrying heavy debt burdens that make them more vulnerable as the pandemic ravages the...

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For local restaurants, the shutdown is just the beginning
News 2 months ago
For local restaurants, the shutdown is just the beginning

Bruce Finkelman is co-owner of 16 on Center. Of the restaurant group's 14 restaurants, bars and music venues, only one, Dusek's Board & Beer in...

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Online lenders tighten up to weather COVID storm
News 2 months ago
Online lenders tighten up to weather COVID storm

The focus for rivals of Chicago's Avant and Enova is shoring up relatively solid customers while curbing exposure to bad credit risks. If ever...

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