Stories by WTTW News
Crain’s Headlines: Cook County OKs 3% Tax on Pot Sales
Come summer, people buying cannabis in Chicago will pay 6% in local pot taxes, in addition to the state tax on pot, which ranges from 10% to 25%, depending on the potency of the product being purchased.
Crain’s Headlines: Advocate Closing 7 Suburban Immediate Care Clinics
Advocate Medical Group is closing immediate care clinics at seven Chicago-area Walgreens stores next month.
Newest National Park Quarter Inspires Collectors with Fruit Bats
In just a few weeks, there’s a very good chance you’ll have fruit bats in your pocket. The United State Mint will release a quarter on Feb. 3 featuring the National Park of American Samoa, which is home to giant bats.
Crain’s Headlines: Pot Sales Slump in Week 2 of Legalization
Sales statewide slid from more than $2 million in the opening days to about $1.2 million as dispensaries struggled to keep shelves full.
Crain’s Headlines: Albertsons Again Weighs IPO
Jewel-Osco’s corporate parent is expected to announce in a few weeks whether it will proceed with an initial public offering of stock, which could be valued at around $19 billion.
Crain’s Headlines: Texas Developer Makes Bet on Fulton Market
A Texas developer is set to make a bold bet in the Fulton Market District and hoping to help jumpstart Chicago’s life-sciences industry in the process.
Spotlight Politics: More Madigan #MeToo Fallout
The fallout from an explosive story involving a top ally of House Speaker Michael Madigan. Our politics team digs into that story and more in our weekly roundtable.
Crain’s Headlines: Grubhub Shares Rise 15% Amid Talk of a Sale
Grubhub’s stock rose Wednesday following unconfirmed reports that the Chicago-based restaurant delivery company is considering a sale.
High School Course Offers New Approach to Financial Literacy
Illinois is one of 22 states that does not require high school students to take a financial literacy course, but a new high school curriculum is now being used in Illinois and nine other states. We learn about finEDge.
Crain’s Headlines: Chicago Among Best-Paying Cities in US
Chicago is among the top 10 best-paying metro areas in the nation. That’s according to new research just published by U.S. News & World Report.
Crain’s Headlines: Pot Sales Slow After New Law’s Debut
After selling like gangbusters on day one, legal marijuana transactions dropped off a bit, as expected, on day two.
Crain’s Headlines: Drugmakers Raise Prices in New Year
The public outcry over the high price of medicines did little to stop drugmakers from raising prices again for 2020. Drug prices in the new year have reportedly increased an average of 5.3% industrywide.
2019 Words of the Year Reflect Changing Attitudes, Awareness
University of Chicago linguist Jason Riggle discusses some of the top words of 2019, including “they,” “existential” and “climate emergency.”
‘Entertaining Chicago’ Revisits City’s Classic Nightspots
Chicago has a thriving live music scene today, but many of the city’s legendary venues are long gone. A new book from Neal Samors and Bob Dauber remembers many of those 20th century nightspots.
5 Smart Money Moves as 2019 Comes to a Close
With Christmas behind us, it’s beginning to look a lot like tax season. We get year-end tips from David Henderson, a CPA at the firm of Duggan Bertsch in Chicago.
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