The historic LaSalle Street corridor has been an economic engine for the city since the turn of the last century. But in recent years, the once vibrant financial district has suffered as major banks that anchored the area moved elsewhere in the city.
Crain’s Headlines: With Holiday Travel Just Ahead, Illinois Attorney General Calls For More Federal Protections
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.
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.
Northwestern University on Wednesday unveiled plans for a state-of-the-art $800 million stadium, which would replace the almost 100-year-old Ryan Field.
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.
State Farm hits Illinois auto customers with yet another price hike. Suburban apartments are seeing some major investment gains. And a look at what’s on the road ahead for electric truck maker Rivian.
A new business venture from a co-founder of a Chicago weed giant fizzles. The company that gave up the Water Tower Place is now selling it’s big property across the street. And there’s some good news for landlords trying to fill suburban office spaces.
A Ricketts family member takes on Google with a new search engine. New developments in Potbelly’s tortured history with a federal loan program. And the Loop’s shopping district loses another big-name store in Old Navy.
Crain’s Chicago Business reporter Danny Ecker goes behind the latest business headlines.
McDonald’s is cooking up big changes for its franchise system. Yelp says it’s going with a fully remote workforce. And a city-backed panel wants to breathe new life into the LaSalle Street corridor.
A legal brawl between Fifth Third Bank and federal regulators is underway; Walmart is hiring big time; and a new study says Cook County has earned itself a new title: climate change refuge.
Chicago-area retail stores hit record-high sales, but that's not without impacting online buying as Amazon looks to sublet warehouse space. Meanwhile, legal limbo over nearly 200 pot shop licenses could soon come to an end.
State Farm customers will notice an increase in their car insurance rates once again; prices of new homes take the biggest leap in at least 15 years; and a Fulton Market developer has big plans for a property near one of the city's proposed casino sites.