Walgreens says it’s peeling back spending on efforts to combat shoplifting. Machine company John Deere reaches a deal to let farmers repair their own equipment. And former Chicago Bear Brian Urlacher gets caught up in a hairy lawsuit.
Crain's Chicago Business
A look at the Chicago residential property market as we head into 2023 after a year of interest rate hikes.
Illinois Attorney General Kwame Raoul is calling for more federal protections for airline travelers, a major snack company is selling its gum business and a phone app company is expanding in Chicago.
Developers announce plans for Fulton Market. And Palatine-based grill company Weber is going private —a quick year after their public bid.
One of Chicago’s fastest-growing companies looks to shed half of its headquarter space in the Loop. A glimmer of hope for suburban renters as rent prices rise. And the Wirtz family takes on a project off the ice.
A local private equity firm buys the site where Bally’s plans a big Chicago casino complex. A national strike looms as one of the country’s largest railroad unions votes down a tentative contract. And expect a surge in airline travel this Thanksgiving week.
Property owners will receive their tax bills soon — and homeowners might be a bit let down. Zoro, an e-commerce platform for business supplies, is joining the list of companies moving from the suburbs to the city. And McDonald's is rolling out what they say is their largest global campaign to date for the World Cup.
Walgreens backs a deal to purchase a medical center company. The owners of a landmark hotel on Michigan Avenue are hunting for a buyer — again. And a new report finds Chicago’s affordable housing problem isn’t as bad as some other cities.
A major health care merger involving Deerfield-based Walgreens. Two Illinois nuclear plants that were once at risk of closing will now run for decades to come. And a new report finds that Illinois is among the top states where life sciences companies attract investment.
Chicago biotech company Tempus raises hundreds of millions of dollars in funding from some big-name players. And another apartment building is proposed for what has become Chicago’s hottest neighborhood for multi-family units.
Two Chicago high-rises hit the market, leaving more than 700 downtown apartments up for sale. And a loan tied to a distressed hotel in River North sells at a steep discount.
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 developer behind the Lincoln Yards mega-project has plans for a large apartment building close by. A software company based in Finland is looking to hire more people in Chicago. And, the building owners of Tavern on Rush are eyeing an overhaul.
Ford announces it’s cutting thousands of jobs, two local hotel sales mark some of the biggest in the hospitality market since the start of the pandemic and a new app helps homeowners rent individual rooms.
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.