Pushback has likely stopped Mayor Brandon Johnson's proposed alcohol tax hike in its tracks. Crain's restaurants reporter Ally Marotti joins host Amy Guth to discuss that and more from Chicago's hospitality scene, including the wine world bracing for possible Trump tariffs.Plus: City panel OKs South Works quantum campus, Deere shares gain on optimism farm gloom will lift in 2025, Medline reportedly could raise $5B in a 2025 IPO and McDonald's targets choosy diners with value menu revamp.

Crain’s residential real estate reporter Dennis Rodkin and host Amy Guth chat about news from the local housing market, including the city’s delay on enforcing a new anti-gentrification ordinance.Plus: S&P warns it may downgrade Chicago's credit rating amid budget fight, Sam Zell estate puts riverfront office building up for sale, boaters will finally be able to dock at Navy Pier next year and CBRE nearing deal for new Chicago office.

Chicago Fire FC owner Joe Mansueto is on the verge of a deal for a new downtown stadium site. Crain’s commercial real estate reporter Danny Ecker and host Amy Guth discuss where the club is looking and other Chicago sports teams in search of new homes.Plus: Friends of the Parks takes aim at South Works quantum plan, ADM restates earnings in latest step to fix accounting issues, a vintage Gold Coast apartment tower trades for $26 million and Chicago hotel owners take issue with Cook County Assessor Fritz Kaegi’s valuations.

Crain's restaurants reporter Ally Marotti talks with host Amy Guth about Midwestern wine production and one maker's mission to boost its popularity.Plus: UI Health nurses end strike and agree to tentative contract, Ragu sauce maker moving HQ to Schaumburg, Chicago Fed chief Austan Goolsbee says "rates will be a lot lower" in 12 to 18 months and law firm nears deal for move to Wacker Drive.

The City Council unanimously rejected Mayor Brandon Johnson’s proposed $300 million property tax hike. Crain’s politics reporter Justin Laurence talks with host Amy Guth about the unprecedented action and the work ahead to balance the city’s budget.Plus: Loop landlords pitch taxing themselves to boost ailing downtown, more hospitalizations and infections reported in E. coli outbreak linked to slivered onions served by McDonald’s, Chicago Sports Network launches direct-to-consumer streaming and Illinois begins canceling medical debt for residents.

Crain’s residential real estate reporter Dennis Rodkin discusses news from the local housing market with host Amy Guth, including the National Association of Realtors’ new standards for conduct after last year's sexual harassment scandal.Plus: Grubhub sold at steep discount from its peak during the pandemic, UI Health nurses begin open-ended strike, Art Institute of Chicago taps Eric Lefkofsky as board chair and just one Chicagoan made a list of the 100 most powerful people in business.

The Bears are reconsidering the former Michael Reese hospital site for a new stadium. Crain’s politics reporter Justin Laurence discusses with host Amy Guth.Plus: A West Loop office developer defies ugly market with new debt, Pitchfork Music Festival’s Chicago exit, the city’s largest accounting firms see decreasing headcounts among major players and why Chicago's in the race to be a leader in eco-friendly jet fuel.

With open enrollment underway, Illinois' insurance agency is in the midst of establishing a state-based health insurance exchange it says could help fill coverage gaps and lower plan costs. Crain’s health care reporter Katherine Davis discusses with host Amy Guth.Plus: Vizient bulks up at Old Post Office while Uber shrinks, Portillo's appears to be heeding its activist investor's advice, AbbVie tumbles after new schizophrenia drug fails trials, Baxter cuts guidance on hurricane-related plant shutdown and a mixed-income apartment tower trades for $55 million in Lincoln Park.

Cook County assessor Fritz Kaegi reassesses the Loop, completing the city assessment cycle. Danny Ecker discusses with host Amy Guth.Plus: A majority of City Council wants to vote down $300 million property tax hike, the Fed cuts interest rates for 2nd-straight meeting to support economy, LaSalle Street redevelopment set for $98 million TIF subsidy and Lincoln Square residents vote to end century-old booze ban.

Crain’s political columnist Greg Hinz joins host Amy Guth to analyze election results and what they likely mean for Chicago and Illinois.Plus: Crain’s residential real estate reporter Dennis Rodkin discusses local housing market news, Walgreens agrees to pay $100 million to settle drug overcharging claims, Discover brings on new legal chief amid Capital One merger review, NielsenIQ considers an IPO at a valuation close to $10 billion and cannabis stocks wilt after Florida legalization fails.

A lawsuit from the banking industry argues an Illinois credit card swipe fee law interferes with a federal law granting banks leeway on the charges they issue. Crain’s finance reporter Mark Weinraub discusses the case with host Amy Guth.Plus: Choose Chicago eyes extra downtown hotel charge to boost budget, Tempus buying genetics lab company for $600 million, organizers say out-of-towners flocked to Lolla and boosted Chicago's gains this year and court documents claim Motorola was hacked by Chinese military.

Crain's retail reporter Ally Marotti joins host Amy Guth to discuss how Chicago hardware retailer True Value went bankrupt.Plus: Brandon Johnson says he was in the dark on CPS board pick's comments because of a vetting "gap," riverfront office tower owner hit with one of the city’s biggest foreclosure suits ever, Shore Capital in talks over $8.6 billion pet-care deal, child care has gotten more affordable in Chicago and United eyes record year as traders pile back into airline stocks.

With the mayor's $17.3 billion budget unveiled, Crain’s politics reporter Justin Laurence and host Amy Guth break down its contents and challenges he will face getting it through the City Council.Plus: Google reveals plans for revamped Thompson Center atrium, Chicago school board president resigns at Johnson's request, Cubs and feds settle Wrigley Field accessibility lawsuit and a sign development site prices may be tipping downward in Fulton Market.

Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to read the tea leaves in the latest batch of Chicago housing market data.Plus: Mayor Brandon Johnson proposes $17.3 billion budget with $300 million property tax hike, city panel OKs signage changes for Mag Mile and State Street, new study finds Peoples Gas pipeline program to cost another $12.8 billion and AbbVie lifts profit outlook as anti-inflammatory drugs Rinvoq and Skyrizi beat estimates

Crain's media reporter Pawan Naidu joins host Amy Guth to discuss Chicago Sports Network’s deal with streaming service Fubo.Plus: Walgreens lays off 250 workers in latest round of cuts; Boeing raises $21 billion in capital to repair balance sheet; Stephanie Izard and Boka are planning a Northern California restaurant; community activists aren't sold on quantum park's promises just yet; and Pepsi closes South Side plant without warning, leaving at least 79 workers without jobs.

Crain’s restaurants reporter Brandon Dupré talks with host Amy Guth about McDonald’s race to contain fallout from the recent E. coli outbreak.Plus: New CPS board president won't say if board will fire CEO, massive Wacker Drive tenant isn't cutting back on office space, Ascension and Prime delay review for $375M hospital sale and New York antitrust probe could slow down Capital One-Discover deal.

Advocates are pushing for Mayor Brandon Johnson to put millions more into Chicago's public health efforts. A $1 billion budget shortfall and fiscal cliff at CDPH complicate matters. Crain’s health care reporter Katherine Davis discusses with host Amy Guth.Plus: CTU wants Pritzker to take another stab at the graduated income tax, serious injuries show dangers at Rivian's factory, True Value weighs laying off almost half its workforce as company seeks sale, Google opening its first Midwest store in Oakbrook Center and Northwestern establishes Alzheimer's research hub with $25M gift from Mills family members.

Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market, including another Ken Griffin property sale, Hinsdale’s anti-teardown program and more.Plus: City Council approves $1.5 billion bond plan to refinance debt as budget deficit looms, Walgreens is moving on from VillageMD, Vistria Group to convert California apartment complex into affordable housing and DePaul gets $2.6 million donation to create a new business tech institute.

One restaurant in Lincoln Square is leading the charge to end a three-block dry zone. Crain’s restaurants reporter Ally Marotti talks with host Amy Guth about the push to end an ordinance that predates Prohibition.Plus: Mayor Brandon Johnson loses top education adviser amid the upheaval at the Chicago Board of Education, Huntington Bank is closing six of its Chicago-area branches, Canada’s Manulife Financial is looking to cash out of the 409-unit Hancock Square apartments in Arlington Heights, and the city will end its migrant shelter system by the end of the year.

Walgreens is closing stores and bleeding cash, but the new CEO insists the company is hitting long-term marks. Crain’s health care reporter Katherine Davis talks about the Deerfield-based company with host Amy Guth. Plus: Sterling Bay puts bioscience center near Lincoln Yards up for sale, Boeing union presents new proposal that would end strike to members, Gold Coast apartment building trades for $85 million and a lawsuit alleges Moderna appropriated Northwestern research for its COVID vaccine.

The University of Illinois is pulling the plug on its Discovery Partners Institute at The 78. Crain’s reporters Danny Ecker and John Pletz discuss with host Amy Guth.Plus: United ignites surge in airline stocks, JB and MK Pritzker gave $5.6 million to put on DNC, feds begin airlifting Baxter medical supplies to curb shortage and Chicago-area grocery stores now have DMV kiosks.

City Hall may have disqualified itself from getting millions in federal housing dollars. Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth news to discuss that and other news from the market.Plus: Abbott Labs board OKs $7 billion stock buyback program, United rebounds from price-cut pressure and authorizes $1.5 billion share buyback, Boeing judge seeks more information before plea deal ruling and after three slow years, dealmakers expect to see plenty of M&A action in 2025.

Crain’s health care reporters Katherine Davis and Jon Asplund talk with host Amy Guth about how Chicago-area hospitals are coping with dwindling supply levels of IV fluid after Hurricane Helene halted production at a North Carolina Baxter plant.Plus: Walgreens is closing stores and bleeding cash, but new CEO insists it's hitting long-term marks; Blue Cross antitrust lawsuit reaches $2.8B tentative settlement; True Value files for bankruptcy to sell itself to rival Do It Best; and Adams Street raises $1.2 billion for venture investments.

The members-only Astor Club now touts its own Michelin-starred chef. Crain's restaurants reporter Ally Marotti discusses the reimagining of the former Maxim’s space with host Amy Guth.Plus: Boeing to cut workforce by 10% as strike eats into reserves, former Loretto CEO indicted on corruption and embezzlement charges, distressed Rosemont office complex hits the market and Chicago Fed chief praises progress on inflation and labor market.

Crain’s politics reporter Justin Laurence talks with host Amy Guth on Pedro Martinez, who's locked in a power struggle with Mayor Brandon Johnson, and his strategy banking on a TIF surplus to balance the CPS budget, which has drawn skepticism from the City Council.Plus: Pritzker calls on Stellantis to get moving on Belvidere reopening, Chicago hospitals cope with dwindling supply of IV fluid, JLL unit cashes out of West Loop apartments for $76 million, Don Wilson's crypto unit hit with SEC charges over $2 billion in trades and United adding international flights as leisure travel demand grows.

Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to talk news from the local market, including a new look for a famous cottage that endured the Great Chicago Fire, Harold Washington’s childhood home going up for sale and two suburbs where the record home price just went up.Plus: Mayor Johnson asks department heads to model layoff scenarios in bid to close the city’s budget gap; Lurie ranked No. 1 pediatric hospital in Illinois, among top 10 in the U.S.; lender looks to unload distressed Rolling Meadows office complex; and President Biden announces plan to fast-track lead pipe replacement in the U.S.

Crain’s health care reporter Katherine Davis joins host Amy Guth to talk about the medical device subsidiary of a Japanese company expanding its operations here with a $20 million commitment and promise to hire 100 more workers.Plus: City Council members push back as Johnson appoints new CPS board, McDonald's alleges major beef companies fixed prices in new lawsuit, Shore Capital raises $1.9 billion for three investment funds and a Rivian misstep triggered the parts shortage that's hobbling its EV output.

Plans for the quantum campus in South Chicago reveal a site more than four times bigger than Lincoln Yards. Crain’s commercial real estate reporter Danny Ecker talks with host Amy Guth about the site and its potential impact.Plus: Chicago Mayor Brandon Johnson unveils picks to replace school board after mass resignation, Rivian seeking federal loan to restart Georgia EV plant project, Stellantis sues UAW to stop strike over plant investments and Walgreens to pay $80 million in Baltimore opioid settlement.

Crain's health care reporter Katherine Davis talks with host Amy Guth about the owner of a Chicago COVID testing lab’s guilty plea over a $14 million fraud scheme and the biotech startup out of Northwestern that just landed new funding.Plus: Pritzker leading trade mission to Japan, Metra considers expanding service from Union Station to O'Hare, Walgreens to launch student loan 401(k) match program and a Harry Potter concept and Spanish fashion chain coming to the Mag Mile.

Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about news from the local housing market, including a Lincoln Park mansion sale marking the second-highest price in the city so far this year.Plus: State Farm braces for losses from Hurricane Helene, Boeing weighs raising at least $10 billion selling stock, local venture pays $93 million for Fulton Market apartments and University of Chicago's business school gets $60 million donation.

Crain’s residential real estate reporter Dennis Rodkin talks with host Amy Guth about an anti-gentrification ordinance giving rare power to tenants over building sales.Plus: Byline Bank and Wirtz family's First Security announce merger, judge rebuffs citizen lawsuit against Gotion plant but leaves door open, Alinea Group co-owner Nick Kokonas sells ownership stake and United Airlines approaches 20-year high at O'Hare.

Data indicates crime rates are down. Crain’s contributor Steve Hendershot talks with host Amy Guth about why it might not feel that way.Plus: Some of United's 737s had rudders at risk of jamming, safety board warns; contract pharma manufacturer putting $146 million into big expansion in Rockford; Illinois computer science programs are enrolling far more women; and Amtrak's Chicago to Miami route is just one big construction detour.

Chicago’s pandemic exodus was a thing, but not as much as it first seemed. Crain’s reporter John Pletz tells host Amy Guth how IRS data shows there’s a lot more to the story.Plus: Millionaire's tax could reportedly raise $4.5 billion for property tax relief, Michael Sacks and Richard Price leave World Business Chicago board, UChicago gets anonymous $100 million donation to support free speech and Dick Durbin ramps up pressure on airlines' frequent-flyer programs.

Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to talk news from the local market, including his four insights from the latest Chicago housing data.Plus: Real estate pros survey suggests alternative ideas to spending $1 billion of public money on stadiums; Rivian launches pre-owned vehicle sales, joining Tesla in growing used EV market; U of I lands $10 million donation for new science center and, with the state, names quantum-research park board of directors; and the Chicago Marathon touts record-breaking $547 million economic impact for 2023 race.

As Walgreens flounders, so does the fortune of its top stakeholder, Stefano Pessina. Crain’s health care reporter Katherine Davis talks about the pharmacy giant's struggles with host Amy Guth.Plus: Boeing union balks at sweetened pay offer to workers, Trump vows to hit Deere with tariffs if jobs move to Mexico, landlords have reason to be optimistic even as downtown apartment rents have flattened out and how much money you need to be a middle-class Chicagoan.

Three years after it took over a handful of run-down Save A Lots on the South and West sides, grocery operator Yellow Banana has opened its first renovated store. Crain's retail reporter Ally Marotti talks about the West Garfield Park opening and the branding headwinds facing the company.Plus: White House picks Monroe Capital to develop $1 billion fund for auto suppliers, Caterpillar joins Ford and Lowe's in diversity rethink as backlash grows, private-equity firms see growing profitability in affordable housing, and Bulls and Blackhawks eliminating plastic bottles for upcoming seasons.

With the Federal Reserve lowering interest rates by a half percentage point, Crain’s finance reporter Mark Weinraub talks with host Amy Guth about the local implications of the move.Plus: Amazon closing Goose Island fulfillment center, one of the first it opened in Chicago; electronic trading firm set to leave LaSalle Street for West Loop; Boeing girds for long strike as gig economy gives workers clout; and Tavern on Rush sets the opening date for its new location.

Crain’s residential real estate reporter Dennis Rodkin chats with host Amy Guth about news from the local market, including Michael Jordan’s mansion going under contract after sitting on the shelf since 2012.Plus: United Center owners detail apartments, hotel vision for 1901 Project; Florida firm nears discount deal for distressed Loop office tower; North Shore Tesla facility trades hands for almost $30 million; O'Hare and Midway slip in the latest J.D. Power rankings; and Chicago biotech incubator tapped by feds as health care accelerator hub.

Chicago's food halls have entered a new era. Crain's restaurants reporter Ally Marotti talks with host Amy Guth about the post-pandemic business model.Plus: Michael Jordan’s mansion finally lands a buyer, Boeing freezes hiring and mulls furloughs after workers strike, property insurance rates fall for first time since 2017 and Outcome Health founder Rishi Shah will remain free on bail during appeal.

Big financial institutions are rethinking their approach to diversity. Crain’s finance reporter Mark Weinraub talks with host Amy Guth about the backlash against DEI initiatives and possible implications for the industry's talent pipeline.Plus: Walgreens pays $107 million over prescription billing fraud claims; EPA knocks ADM for leaking 8,000 metric tons of CO2 underground; with contract attorneys on the rise, staffing firm Latitude opens Chicago office; and a developer proposes 243-unit condo project in Fulton Market.

Crain's restaurants and retail reporter Ally Marotti talks with host Amy Guth about Foxtrot’s return to Chicago and Lettuce Entertain You’s expansion to the suburbs.Plus: United bets on SpaceX for faster, free Wi-Fi; Big Four accounting firm PwC laying off 1,800 employees; appeals court tosses out $564M verdict against BMO Harris; and Wacker Drive landlord nears massive anchor tenant deal, inks Capital One extension.

Crain’s residential real estate reporter Dennis Rodkin and host Amy Guth recap news from the local market, including a UChicago professor's look at how housing shaped race in the 20th century, and a mansion built by the father of modern advertising that’s on market for the first time since the early 1990s.Plus: Michelin adds three Chicago restaurants to its guide; McDonald's rolls out kiosks that take cash, pushing diners away from cashiers; Southwest Airlines cuts more flights at O'Hare, with its chair set to step down amid Elliott battle; Deere pays SEC nearly $10 million to resolve overseas bribery case; and airlines may soon face cash penalties for delayed flights.

As Mayor Brandon Johnson halts citywide hires and reorganizes his staff, the Fifth Floor's chief City Council liaison and two of her staff hand in their resignations. Crain’s politics reporter Justin Laurence discusses with host Amy Guth.Plus: The Art Institute of Chicago receives one of its largest donations ever; TransUnion fined by SEC for whistleblower violation; steel-conduit plant to close, eliminating 237 jobs on the Southwest Side; and Deloitte survey finds half of all women in the U.S. skip the doctor's office.

As Illinois puts up a half-billion dollars in its bid to make Chicago a world capital for quantum computing, Crain's technology reporter John Pletz joins host Amy Guth to look at some local players in the emerging space.Plus: South suburban towns get crushed by the weight of heavy property taxes; big South Loop apartment development up for sale; Southern Illinois University Carbondale sees enrollment gains, bucking trends; and target for the O'Hare terminal revamp quietly slips to 2034.

Cook County Assessor Fritz Kaegi is calling for a property tax bailout for low-income homeowners. Crain’s commercial real estate reporter Danny Ecker discusses with host Amy Guth.Plus: Bears CEO on stadium pitch, big Schaumburg shopping center trades for $93 million, Edelman adds Nikki Haley to public affairs division and feds are probing big airlines' loyalty programs.

Crain’s residential real estate reporter Dennis Rodkin joins host Amy Guth to talk news form the local market, including the National Association of Realtors saying it will take its fight with the Department of Justice to the U.S. Supreme Court.Plus: Molson Coors joins Ford, Deere and Harley in nixing DEI goals; Blue Cross parent tries to simplify health plans with no deductible, no coinsurance option; city of Chicago's LaSalle Street landlord surrenders building to lender; and in Ravinia v. Ravinia, both sides bury the hatchet — and the brewery name.

To plug a nearly billion-dollar budget gap, Mayor Brandon Johnson may reverse his campaign pledge on property taxes. Crain’s politics reporter Justin Laurence talks with host Amy Guth about the options on the table for the city. Plus: Foxtrot is reopening its first Chicago store this week, DNC week proved "solid" for downtown hotels, rival buying Kroger-Albertsons stores got "worst chains" like Mariano's and NASCAR says it will return to Grant Park in 2025, but stays noncommittal on 2026.

How did Chicago's dining scene fare during the Democratic National Convention? Depends who you ask. Crain's restaurants reporter Ally Marotti discusses with host Amy Guth.Plus: Shareholder suit claims Walgreens leadership covered up poor pharmacy numbers, Ulta Beauty cuts sales outlook on slowing demand, Harry Caray's most famous line is the focus of a new trademark lawsuit and Northwestern University taps new athletic director.