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Lincoln Park condo for sale at over $6 million
News 2 months ago
Lincoln Park condo for sale at over $6 million

A former Navistar executive now working for a Wisconsin truck dealership chain is asking $6.15 million for a condo in a Lincoln Park tower. The...

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Carole Brookins, a pioneering woman on CBOT's trading floor, dies after COVID diagnosis
News 2 months ago
Carole Brookins, a pioneering woman on CBOT's trading floor, dies after COVID diagnosis

In the 1970s, Brookins was one of the only women in Chicago's commodity trading pits and later she became a top World Bank official. She was...

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State to turn Schaumburg Marriott into COVID-19 command center—if hotel's lender agrees
News 2 months ago
State to turn Schaumburg Marriott into COVID-19 command center—if hotel's lender agrees

The owner of the property has agreed to lease it to the state. But Ladder Capital hasn't signed off on the deal, prompting a nudging letter from...

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State aims to turn this Marriott into a COVID-19 command center—but there's a hitch
News 2 months ago
State aims to turn this Marriott into a COVID-19 command center—but there's a hitch

A Marriott hotel in Schaumburg would become a command center in the state's response to the coronavirus pandemic, but the hotel's lender has yet to...

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Chicago population dips again
News 2 months ago
Chicago population dips again

The Chicago metropolitan area lost population once again in the last year, with metro New York and Los Angeles also joining in the drop. That's the...

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One of Chicago's largest accounting firms gets a new CEO
News 2 months ago
One of Chicago's largest accounting firms gets a new CEO

Mark Baer has been named the new CEO of Crowe, a Chicago-based accounting firm that's one of the largest in the nation. Baer, who has been a...

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Stimulus propels stocks to best week since 2009
News 2 months ago
Stimulus propels stocks to best week since 2009

"The excitement of the last week has been the rolling out of this stimulus package, but we can't lose sight of the fact that we're not done yet....

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Hospitals weigh do-not-resuscitate policy for COVID-19 patients • Mask supply woes • Production of medical supplies goes into overdrive
News 2 months ago
Hospitals weigh do-not-resuscitate policy for COVID-19 patients • Mask supply woes • Production of medical supplies goes into overdrive

Northwestern Memorial Hospital is among medical centers considering a do-not-resuscitate policy for COVID-19 patients, "regardless of the wishes of...

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Scooter companies find dockless riding and pandemics don't mix
News 2 months ago
Scooter companies find dockless riding and pandemics don't mix

Micromobility companies that trade on the allure of cheap, shared rides now face an existential challenge. Two of the biggest are pulling out of...

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DuPage Medical puts staff on unpaid time off
News 2 months ago
DuPage Medical puts staff on unpaid time off

Patient volumes at the area's largest independent physicians group have "dropped steadily" due to COVID-19, according to an internal memo obtained...

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Virtually everything is virtual now
News 2 months ago
Virtually everything is virtual now

From work meetings to plays to jazz performances and zoo outings, Chicagoans have been experiencing life via screen. Some experiences, which were...

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Big givers to Chicago's nonprofits
News 2 months ago
Big givers to Chicago's nonprofits

In a joint letter, the heads of more than 30 local foundations pledge to maintain support for local philanthropic organizations during the COVID-19...

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Stocks post third straight gain with stimulus near
News 2 months ago
Stocks post third straight gain with stimulus near

One analyst says the "support package should help to assuage the fears about the worst possible economic outcomes for individuals and companies."...

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To keep the doors open, restaurants and bars get creative
News 2 months ago
To keep the doors open, restaurants and bars get creative

Thousands of Chicago restaurants and bars are either closed or are keeping a skeleton crew on the job during state-mandated pandemic restrictions...

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Illinois just lost 2 years' worth of job gains
News 2 months ago
Illinois just lost 2 years' worth of job gains

A stunning 114,114 residents applied for unemployment insurance in the state in the week that ended March 21, more than 14 times the total from the...

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Pandemic 'will push our city to the brink'
News 2 months ago
Pandemic 'will push our city to the brink'

Within 24 hours of making her initial threat, Mayor Lori Lightfoot has shut down the city's lakefront trails and parks, the popular 606 trail and...

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Former McDonald's CEO buys River West building
News 2 months ago
Former McDonald's CEO buys River West building

Don Thompson's VC firm, Cleveland Avenue, bought a Canal Street property for almost four times its sale price just six years ago. Former McDonald's...

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One good thing to come out of sheltering in place
News 2 months ago
One good thing to come out of sheltering in place

As the coronavirus brought the economy and everyday life to a screeching halt in the Chicago area and around the world, it also resulted in another...

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Coronavirus infects dispute over General Iron plant
News 2 months ago
Coronavirus infects dispute over General Iron plant

"It's unconscionable that they are continuing operations," says Ald. Brian Hopkins, arguing that the coronavirus makes the scrap metal plant an...

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National jobless claims quadruple record
News 2 months ago
National jobless claims quadruple record

A total of 3.28 million people filed for unemployment insurance in the week ended March 21, dwarfing previous highs in Labor Department reports...

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Safety concerns spark clashes between hospital staffers and execs
News 2 months ago
Safety concerns spark clashes between hospital staffers and execs

Health care workers are claiming that their employers are firing them, or threatening to, as they debate how to best protect themselves while...

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If Boeing doesn't need government help, it shouldn't get any
News 2 months ago
If Boeing doesn't need government help, it shouldn't get any

If the $60 billion bailout the company is seeking in D. C. involves giving taxpayers an equity stake in the company, the CEO says he'll explore...

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McDonald's rethinks its COVID-inspired golden arches tweak
News 2 months ago
McDonald's rethinks its COVID-inspired golden arches tweak

Advertising agency DPZ&T teamed with McDonald's Brazil to remake the Golden Arches in pulled-apart form to encourage consumers to keep each other...

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Amazon closes a U.S. warehouse amid worker alarm
News 2 months ago
Amazon closes a U.S. warehouse amid worker alarm

The Kentucky facility was shuttered after three employees tested positive for COVID-19. Staffers at an Illinois facility have been informed of...

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McDonald's to phase out all-day breakfast
News 2 months ago
McDonald's to phase out all-day breakfast

The fast-food giant is streamlining its kitchen operations during the COVID-19 pandemic by suspending its popular all-day breakfast option....

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What's in the huge federal stimulus bill for you?
News 2 months ago
What's in the huge federal stimulus bill for you?

Even as it undergoes last minute changes, details are starting to emerge about what the $2 trillion stimulus bill awaiting a vote in the U. S....

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Crain's Daily Gist podcast
News 2 months ago
Crain's Daily Gist podcast

Click here to subscribe to Crain's Daily Gist on iTunes, Spotify and Stitcher! Want to listen on your smart speaker? Click here to learn how. How...

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C-suite shakeup at Groupon as Williams exits CEO role
News 2 months ago
C-suite shakeup at Groupon as Williams exits CEO role

Groupon removed its chief executive officer and chief operating officer, replacing them with an interim CEO, as the online discount provider...

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Pritzker delays state income-tax filing to July 15
News 2 months ago
Pritzker delays state income-tax filing to July 15

Matching a move at the federal level, Gov. J. B. Pritzker delayed for three months, until July 15, the deadline for filing annual state income tax...

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Gold market snarled by virus lockdown as world races for haven
News 2 months ago
Gold market snarled by virus lockdown as world races for haven

The gold market is creaking, in the latest sign of how the coronavirus pandemic is causing chaos across financial markets. Just as demand for the...

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