Crain’s Headlines: U of I Endowment Soars to Record High


After years of small success, the University of Illinois posts a record-breaking endowment return. One of the largest tenants in the former John Hancock Center, SMS Assist, is moving out. And electric pickup maker Rivian, backed by Ford Motor Company, reveals a net loss of nearly $1 billion in its initial public offering paperwork.

Crain’s Chicago Business editor Ann Dwyer takes us behind the headlines.

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Crain’s Headlines is a joint production between WTTW and Crain’s Chicago Business. It airs every Monday on the WTTW News program “Chicago Tonight.” 


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