Crain's Daily Gist

Looking to woo value-hungry customers, some Chicago restaurant operators are dropping $20 cocktails. Crain's restaurants reporter Ally Marotti talks about the latest hospitality pivot with host Amy Guth.

Plus: NASCAR is negotiating with city officials on its Chicago return, Notre Dame loses protection from endowment tax in GOP bill, Monroe Capital invests $100 million in NFS Capital and American Airlines goes back to court to stop gate shuffle at O'Hare. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com

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CME Group faces former pit traders as its $2 billion trial gets underway. Crain’s finance reporter Mark Weinraub talks with host Amy Guth about the trial that will decide if traders will be compensated for the shift to screen-based trading.

Plus: Baxter names a new CEO, Ald. Walter Burnett in the running to lead the Chicago Housing Authority, BlackRock to buy real estate firm with $7.3 billion in assets and Chicago area ranks among nation's most expensive rental markets.

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Northwestern’s president is set to again appear in front of Congress this summer. Crain’s reporter Brandon Dupre talks with host Amy Guth about the university and other higher ed institutions in the crosshairs of the Trump administration and congressional Republican leaders.

Plus: Pritzker signs bill cracking down on pharmacy benefit managers, CBRE lures office leasing team from its new Chicago landlord, Rivian slows EV output to prep for model change and optimism among Illinois business leaders takes a nosedive.

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Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about the local housing market, including how the Highland Park former homes of Michael Jordan and Scottie Pippen are now on Airbnb.

Plus: Fulton Market landlord defies office market struggle with big refi; CommonSpirit commits $6M to mental health efforts in Chicago; developer buys distressed Oak Brook office complex and plans revamp; and Tempus AI plans $650M note sale to pay down debt.

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Citadel's Ken Griffin breaks Sotheby's record with bids for two Civil War-era documents. Crain’s Laura Turbay discusses with host Amy Guth.

Plus: An audit reveals Chicago blew through a key budget reserve in 2024, Gov. Pritzker selects former deputy governor Christian Mitchell for running mate as Lt. Gov. Stratton raises $1M in U.S. Senate bid, Shore Capital targets food and beverage deals with $450 million fund and a Chicago investor buys Tribune Tower retail space. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com

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Gov. Pritzker’s numbers tell a mixed story of his record so far as he seeks a third term. Crain’s reporter John Pletz discusses with host Amy Guth.

Plus: Rivian cuts more than 100 salaried jobs in Normal, hospital staffer slams cuts at former Ascension hospitals as Illinois senators step up oversight, a jury awards nearly $60 million in trial over waste-hauling technology and a trading firm is poised to leave its troubled Loop tower home for the Old Post Office. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com

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Reporter Ally Marotti talks with host Amy Guth about restaurant business news including Potbelly's turnaround plan, Chicago chefs betting on casino dining, and the first restaurant with direct access to The 606 trail.

Plus: Brandon Johnson faces fresh ethics scrutiny after lobbyist donation, Walgreens beats Wall Street expectations ahead of sale to Sycamore Partners, New York firm buys distressed Wacker Drive tower at massive discount and MCA Chicago announces its next board chair.

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Crain’s residential real estate Crain’s reporter Denns Rodkin talks with host Amy Guth about local housing market news including how Chicago-area home prices are rising at four times the nation's.

Plus: AI gold rush fuels ComEd crackdown on data center speculators, push for mandatory security cameras puts City Hall at odds with biz and the ACLU, three suburban Mariano's set to close and a lakefront hotel goes up for sale as either a hospitality or a housing bet.

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The Trump administration’s federal cuts that have gutted grants threaten the work of Illinois researchers. Crain's contributor Judith Crown talks with host Amy Guth about the potential long-term impacts of such funding cuts.

Plus: Gov. Pritzker to announce he's running for a third term; Ronald McDonald House buys neighboring Streeterville property and eyes expansion; GE HealthCare and Stanford Medicine renew partnership to push total body scanning tech; and McDonald’s and Krispy Kreme end partnership over cost issues.

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A year ago, Oberweis Dairy was in bankruptcy. Now it's expanding. Reporter Ally Marotti talks with host Amy Guth about the ice cream brand’s next chapter.

Plus: Northern Trust reportedly approached by Bank of New York Mellon about merger, American Bar Association sues Trump over alleged "intimidation" of law firms, a big West Loop apartment tower up for sale and Berlin Packaging to move HQ to Merchandise Mart. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com

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