There’s good news for those apartment hunting in downtown Chicago as record-high prices begin to cool off. And airline passengers will have more power and goodwill under a new federal proposal that would force fees to be disclosed.
The Magnificent Mile is getting hit with another couple of retail losses but, there’s a glimmer of hope for the city’s premiere shopping strip. A proposal has been made for Chicago’s first development of multiple homes made of shipping containers and a new ice cream bar hopes to provide adults with a cold treat.
Illinois is poised to gain some of Indiana’s losses due to the Hoosier state’s new abortion law. Boeing prepares to resume delivery of its 787 Dreamliner jets. And Groupon makes some major cuts to its workforce.
A new fast-food chain restaurant opens in Russia, and it might look and taste familiar. Ann Dwyer takes us behind the headlines.
McDonald’s is “de-arching” in Russia and leaving the country after more than 30 years; as the baby formula crisis deepens, a local congressman is putting pressure on Abbott Labs; and Boeing leadership faces criticism from an Ireland-based airline.
The “Mc” mark in McDonald’s takes center stage in a trademark dispute with a CBD merchant; Allstate CEO Tom Wilson says insurance premiums have to rise; and beer enthusiasts won’t have to wait much longer for the beloved Lagunitas taproom to reopen.
Crain’s Chicago Business Editor Ann Dwyer joins us to go behind the headlines.
An alderperson comes out against one of the three Chicago Casino finalists; developers plan new apartments for the Magnificent Mile; and a series of ads hopes to showcase Illinois as “the middle of everything.”
New reports from insurance company State Farm signal just how much the pandemic has upended the auto insurance industry; the Old Post Office welcomes another tenant; and the St. Regis tower sees its highest-priced sale so far.
Low-fare airlines Spirit and Frontier announce a multi-billion-dollar merger; the controversy over the Miami Dolphins may have an impact on the race for Chicago's casino; and three multi-million-dollar homes are now off the market for those searching for local luxury homes.
Deerfield-based Walgreens Boots Alliance is taking bids for its international drugstore chain, Boots. Boeing makes a $450 million investment in Wisk, an autonomous air-taxi start up. And Chicago’s Loop Capital announces its acquiring BMO Asset Management.
McDonald’s faces a lawsuit that claims systemic racism in the company’s practices. Ann Dwyer has details on that story and more.
Starbucks workers at a location in the Loop make moves to unionize. Ann Dwyer has details on that story and more.
Amtrak trains now run at speeds up to 90 miles per hour. Ann Dwyer has details on that story and more.
The rise in air travel is coming back down, thanks to the omicron variant’s rapid spread. Ann Dwyer has details on that story and more.