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New $10M fund for rebuilding Chicago businesses is just a start
News 1 month ago
New $10M fund for rebuilding Chicago businesses is just a start

The mayor is seeking systemic approaches to address the violence and poverty that plague the city. It's the right way to frame the problem. It also...

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Coronavirus is only adding to retail's ailments
News 1 month ago
Coronavirus is only adding to retail's ailments

When shopping mall owner Steven Levin ponders the state of his industry, he often thinks about a famous quote from Mother Teresa: "I know God won't...

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CME may revamp busiest pit
News 1 month ago
CME may revamp busiest pit

CME Group, which operates the biggest U. S. futures exchange, is considering plans to reconfigure its most active trading pit, where Eurodollar...

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Pritzker OKs sports wagering from home, apps
News 1 month ago
Pritzker OKs sports wagering from home, apps

But betting can't occur until the Illinois Gaming Board issues temporary licenses, which could happen as soon as its June 11 meeting. You still can...

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Medicaid managed care plan NextLevel Health closing
News 1 month ago
Medicaid managed care plan NextLevel Health closing

NextLevel Health is closing in July, CEO Dr. Cheryl Whitaker told employees during a town hall meeting today. The Chicago-based Medicaid managed...

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'Black people are locked out'
News 1 month ago
'Black people are locked out'

It's not just rhetoric and donations that will make the difference, said the co-chief executive officer of $10 billion fund manager Ariel...

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The tiny Chicago data firm at the center of the hydroxychloroquine storm
News 1 month ago
The tiny Chicago data firm at the center of the hydroxychloroquine storm

Scientists questioned how Surgisphere, a little-known company that claims to have 11 employees, could have reached agreements on sharing sensitive...

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The pandemic has exposed our nation's health disparities
News 1 month ago
The pandemic has exposed our nation's health disparities

One population seems to be bearing the brunt of the disease and its impact. Across our country, a disproportionate number of people of color are...

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AbbVie backs effort to develop COVID-19 treatment
News 1 month ago
AbbVie backs effort to develop COVID-19 treatment

The North Chicago drugmaker said in a statement that it has entered into a deal with Cambridge, Mass.-based biopharmaceutical company Harbour...

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Wearable COVID sensor gets grant • Hydroxychloroquine study retracted as controversy engulfs Chicago company's data • Anyone can now be tested for coronavirus in Illinois
News 1 month ago
Wearable COVID sensor gets grant • Hydroxychloroquine study retracted as controversy engulfs Chicago company's data • Anyone can now be tested for coronavirus in Illinois

A sensor being developed by Northwestern University bioelectronics researchers has been given federal RAPID development funding to expand its virus...

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Ford postpones office reopening in midst of factory floor tension
News 1 month ago
Ford postpones office reopening in midst of factory floor tension

The automaker has had workers at several U. S. factories, including Chicago, test positive for COVID-19 since the facilities reopened May 18. Staff...

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Construction stops at 74-story South Loop condo tower
News 1 month ago
Construction stops at 74-story South Loop condo tower

The developers of a Michigan Avenue condominium tower designed by architect Helmut Jahn have halted construction. They say they did it to prevent...

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Forum transportation
News 1 month ago
Forum transportation

We need to strategically plan for our long-term transit future, expecting that social distancing will eventually come to an end. Audrey Wennink of...

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When will public transit feel safe to ride again?
News 1 month ago
When will public transit feel safe to ride again?

Why isn't there a New Deal 2.0 in the recovery mix? Why isn't there a New Deal 2.0 in the recovery mix? New transit priorities for a post-COVID...

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After Chicago company's data questioned, researchers retract study linking malaria pill to heart risk
News 1 month ago
After Chicago company's data questioned, researchers retract study linking malaria pill to heart risk

The retraction is the latest turn for a drug that has been followed by controversy since Trump took it up as a possible coronavirus treatment...

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A remedy for our COVID coma
News 1 month ago
A remedy for our COVID coma

If Congress acts, Illinois could see a surge in hiring as people get to work on projects that will pay dividends for years to come. Here's how....

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It's time to come together to help the hospitality industry recover
News 1 month ago
It's time to come together to help the hospitality industry recover

Sam Sanchez watched looters destroy his restaurants. Now, he writes, the industry needs help to come back from the double hit of COVID closures and...

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To fix transit, think outside the farebox
News 1 month ago
To fix transit, think outside the farebox

When the crisis subsides, our region must adopt strategies that make our transit system more effective. Here are three ways to do it. The...

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Why isn't there a New Deal 2.0 in the recovery mix?
News 1 month ago
Why isn't there a New Deal 2.0 in the recovery mix?

A mix of grants through President Franklin Roosevelt's Works Progress and Public Works programs helped build the State Street subway in Chicago....

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Transit deserts limit job prospects
News 1 month ago
Transit deserts limit job prospects

In parts of the city and suburbs, getting to work can be as big a chore as a job itself, limiting income and upward mobility. Amorita Falcon lives...

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Switching course, Arlington aims to race this summer, without spectators
News 1 month ago
Switching course, Arlington aims to race this summer, without spectators

There may be racing-but no railbirds-at Arlington International Racecourse this summer after all. At a meeting tomorrow, the Illinois Racing Board...

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Ken Griffin buys painting for more than $100 million
News 1 month ago
Ken Griffin buys painting for more than $100 million

"The vast majority of Ken's art collection is on display at museums for the public to enjoy" said Zia Ahmed, a Citadel spokesman. "He intends to...

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Big cold storage deal warms frozen real estate market
News 1 month ago
Big cold storage deal warms frozen real estate market

The world's biggest refrigerated storage owner has dropped more than $100 million on three warehouses in the Chicago area, showing that cold is...

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Unrest halts some Grubhub, DoorDash deliveries
News 1 month ago
Unrest halts some Grubhub, DoorDash deliveries

Gruhbub and DoorDash have temporarily stopped deliveries in parts of Chicago and other cities after protests and violence related to the killing of...

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As COVID wreaks havoc, Wall Street is still optimistic
News 1 month ago
As COVID wreaks havoc, Wall Street is still optimistic

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....

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Thoma Bravo raising its biggest buyout fund yet
News 1 month ago
Thoma Bravo raising its biggest buyout fund yet

Chicago-born private-equity firm Thoma Bravo is raising $16.5 billion in its latest and largest fund, just over a year after it raised a $12.6...

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State Farm's CMO on marketing amid chaos
News 1 month ago
State Farm's CMO on marketing amid chaos

Watch the replay above-and follow the conversation on Facebook, Periscope, LinkedIn, Twitch and Twitter. Welcome to Ad Age Remotely, a streamed...

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WHO to restart hydroxychloroquine trial after Chicago company’s data questioned
News 1 month ago
WHO to restart hydroxychloroquine trial after Chicago company’s data questioned

Scrutiny has focused on Surgisphere Corp., the locally-based firm that provided data for the original investigation, with demands for more...

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Peoples blows away record with first-quarter profit growth
News 1 month ago
Peoples blows away record with first-quarter profit growth

Various state laws have removed virtually all financial risk for gas utilities, clearing the way for a first quarter that earned Chicago's Peoples...

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Construction starts plunged in April
News 1 month ago
Construction starts plunged in April

Gov. J. B. Pritzker allowed building in Illinois to continue under his stay-at-home order, but with the economy in a severe recession, developers...

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