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 Chicago Business
Advocate Medical Group is closing immediate care clinics at seven Chicago-area Walgreens stores next month.
Sales statewide slid from more than $2 million in the opening days to about $1.2 million as dispensaries struggled to keep shelves full.
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.
Grubhub’s stock rose Wednesday following unconfirmed reports that the Chicago-based restaurant delivery company is considering a sale.
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.
After selling like gangbusters on day one, legal marijuana transactions dropped off a bit, as expected, on day two.
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.
After months of bad PR, public floggings on Capitol Hill and a global grounding of the most important model in its commercial aviation fleet, Boeing has given CEO Dennis Muilenburg his walking papers.
Boeing’s 737 Max headaches continued Wednesday with news that an Irish company that buys and leases airplanes is suing the Chicago-based aerospace giant.
Crain’s has learned that Health Care Service Corporation, the parent of Blue Cross and Blue Shield of Illinois, is cutting dozens of employees from its staff.
Bloomberg reports that Boeing will temporarily halt production of its grounded 737 Max jetliner next month, according to a person familiar with the matter.
Plans are afoot to consolidate financially struggling hospitals that serve Chicago’s poorest residents on the South Side.
Federal aviation regulators won’t clear Boeing’s troubled 737 Max airplanes for flight until sometime in 2020. That’s according to an interview that Federal Aviation Administration chief Steve Dickson gave to CNBC on Wednesday.
The bankrupt estate of Sears Holdings Corporation and the hedge fund division that bought the retailer’s troubled remains out of bankruptcy have been engaged in an ugly fight over the value of certain assets.