Crain's Daily Gist show

Crain's Daily Gist

Summary: Get a head start on your workday with the stories that matter most. Listen to our roundup of essential Chicago headlines and analysis from Crain’s reporters and host Amy Guth. Presented by Wintrust.

Podcasts:

 12/19/19: There's A Bright Side To Glum Housing Data | File Type: audio/mpeg | Duration: 00:31:32

City home sales fell more than 10 percent last month and prices have been slow to rise here for a decade. But two economists say that might not be the worst thing. Crain’s residential real estate reporter Dennis Rodkin shares his market insight with host Amy Guth. Plus: Allstate scraps its Esurance brand, Moody's cuts Boeing one notch as the 737 Max delay drags on, a Paris-based consulting giant is buying a fast-growing Chicago tech firm and Cook County plans to tax pot at 3 percent. Find #CrainsDailyGist on Twitter and let's continue the conversation.

 12/18/19: The Pot Sales Delay Is Off. But The Issues Linger. | File Type: audio/mpeg | Duration: 00:16:42

The lack of ownership by historically underrepresented people in the state's marijuana industry has been a flashpoint in the legalization debate. Today, the Chicago City Council thwarted a call from black aldermen to halt recreational marijuana sales for six months. A particular issue that led to the call: current medical marijuana license holders—which are companies largely led by white men—were given automatic recreational licenses for existing medical dispensaries, plus a recreational dispensary. Crain’s reporter John Pletz spoke with host Amy Guth about the City Council vote, and the larger social issues that have emerged in the city’s ramp-up to legalized weed. Plus: Trump faces a historic rebuke as the House votes on impeachment today, the parent of Blue Cross cuts workers, Joe Berrios is reportedly under federal investigation and the Gates Foundation gives $4.5 million to a Chicago nonprofit. Use hashtag #CrainsDailyGist on Twitter to continue the conversation about these and other business stories.

 12/17/19: The Under-The-Radar Names On Crain's New List Of Chicago's Power Players | File Type: audio/mpeg | Duration: 00:24:25

Real estate, health care, education and more: Crain's A.D. Quig talks to host Amy Guth about some of the surprises on the new Power 25 ranking. Plus: Boeing pauses 737 Max production to slow cash burn, nonprofits urge the mayor to slam the brakes on lobbying changes, compliance-software startup LogicGate gets $25 million in funding and Lightfoot floats the idea of weed co-ops. Use hashtag #CrainsDailyGist on Twitter to continue the conversation about these and other business stories.

 12/16/19: Outcome Health Co-Founders In Court | File Type: audio/mpeg | Duration: 00:18:26

As Rishi Shah and Shradha Agarwal plead not guilty to fraud charges today, Crain’s reporter John Pletz talks with host Amy Guth about the latest moves for the scandal-scarred Chicago startup. Plus: Doubts emerge over Trump's claim that China will buy $50 billion in farm products, Chicago private-equity firm Thoma Bravo finalizes its purchase of J.D. Power, McDonald's uses technology to help boost donations to the Ronald McDonald House, and Pritzker and Lightfoot push different candidates to become CEO of the agency that runs McCormick Place. Find #CrainsDailyGist on Twitter and let's continue the conversation.

 12/12/19: 'Talent is universal, but opportunity is not' | File Type: audio/mpeg | Duration: 00:30:43

Penny Pritzker is making a $100 million commitment to boosting Chicago neighborhoods. Crain's reporter Dennis Rodkin discusses the move—and other local real estate news—with host Amy Guth. Plus: Four hospitals are in talks to consolidate into a single system to serve some of Chicago’s poorest residents, Howard Tullman is leaving Illinois Tech's Kaplan Institute, Cook County Assessor Fritz Kaegi unveils a new tool to help calculate property taxes and the FAA predicted more crashes without a 737 Max fix. Use hashtag #CrainsDailyGist on Twitter to continue the conversation about these and other business stories.

 12/11/19: The Restaurant Openings You Need To Know | File Type: audio/mpeg | Duration: 00:14:25

Dozens of spots have cropped up around the city the past few months, including the city's first place dedicated to Japanese okonomiyaki and a massive, three-story food hall with big-name chefs attached. Crain's Jan Parr gives us a rundown. Plus: The FAA won't clear 737 Max fixes until 2020, Hyde Park Venture Partners raises a $100 million fund, Walgreens and Kroger deepen their partnership, and Dem presidential candidate Pete Buttigieg names his old clients from his days working for McKinsey in Chicago. Find #CrainsDailyGist on Twitter and let's continue the conversation.

 12/10/19: How Lightfoot Plans To Reboot Chicago’s Economy | File Type: audio/mpeg | Duration: 00:15:07

The mayor this week outlined her 10-year plan to remake the city and rebuild its population to 3 million, identifying three industry clusters in which Chicago already is doing well and four others that have strong growth potential. Crain’s columnist Greg Hinz spoke with host Amy Guth about the strategy. Plus: Loyola Medicine is boosting its minimum wage to $15 an hour, Airbus is poised to finish the year ahead of Boeing for the first time since 2015, distance mental-health provider Regroup merges and Cboe buys European clearinghouse EuroCCP. Use hashtag #CrainsDailyGist on Twitter to continue the conversation about these and other business stories.

 12/09/19: What A Tough Year Means For O'Hare | File Type: audio/mpeg | Duration: 00:16:45

Years of rapid passenger growth appear to have suddenly stalled. If that becomes a trend, it might make paying for the airport's $8.5 billion terminal revamp more difficult. Crain's political columnist Greg Hinz explains in today's episode. Plus: Boeing get hit with $3.9 million fine for alleged safety lapses, a former Outcome Health exec pleads guilty to fraud, more job cuts bring Uptake's headcount down by about half, physicians continue to move away from private practice and universities are smarting over a new tax. Find #CrainsDailyGist on Twitter and let's continue the conversation.

 12/05/19: What'll It Take To Spark Housing Here? | File Type: audio/mpeg | Duration: 00:23:14

A residential market forecast, a look inside the spot where legendary newspaper columnist Mike Royko did his "condo man" phase and a big real estate name just got a bit shorter: Crain's Dennis Rodkin makes his weekly visit to the podcast to talk about this week's housing market news with host Amy Guth. Plus: United's CEO is stepping down, Exelon names a Baltimore exec to succeed Anne Pramaggiore and aldermen approve tougher lobbying laws. Find #CrainsDailyGist on Twitter and let's continue the conversation.

 12/04/19: Behind The Industry-Stunning Sale Of A Craft Beer Pioneer | File Type: audio/mpeg | Duration: 00:18:00

Four years after a $1 billion acquisition deal, Constellation Brands sells Ballast Point to small brewer in the northern suburbs. Crain’s reporter Dalton Barker joins host Amy Guth to talk about the state of the craft brewing industry. Plus: Navistar is accused of bilking $1.3 billion from the Pentagon, a fast-growing freight-tech firm expands in Fulton Market, BMO Harris is cutting more than 300 local jobs and United Airlines places a 50-plane order for an Airbus jet. Use hashtag #CrainsDailyGist on Twitter to continue the conversation about these and other business stories.

 12/03/19: Why Chicago's Restaurant Owners Are Nervous | File Type: audio/mpeg | Duration: 00:15:30

Chicago's appetite for new dining options might have its limits after all. After years of growth, restaurants are closing amid a huge supply, shrinking demand and rising costs. Restaurant owners blame a range of pressures squeezing the industry's narrow profit margins. Crain’s reporter Dalton Barker talked with host Amy Guth about the local industry. Plus: Trump loses appeal over lawmakers' Deutsche Bank subpoenas, new details emerge on top cop's firing as new chief takes over, a new FAA chief to testify before Congress on 737 Max crashes and Marshall Field building nears lease with tech firm. Use hashtag #CrainsDailyGist on Twitter to continue the conversation about these and other business stories.

 12/02/19: This Mayor Has A Different Style | File Type: audio/mpeg | Duration: 00:19:22

Crain's takes an exclusive look at how Lori Lightfoot's day-to-day activities during her first 100 days reveal a way of working that's different from her predecessor. Government reporter A.D. Quig shares her insight about what the mayor’s actions and calendar can tell us—and she discusses a big move today, when the mayor fired police chief Eddie Johnson. Plus: Hundreds line up for the first day of recreational marijuana sales in Michigan; Fiat plans to invest in a northwest suburban factory as part of deal with the UAW; CVS Health is buying an Illinois insurance unit, and an advocacy group urges Metra and the CTA to upgrade accessibility for seniors and the disabled. Find #CrainsDailyGist on Twitter and let's continue the conversation.

 11/27/19: What's Scaring Off Real Estate Investors | File Type: audio/mpeg | Duration: 00:16:21

Why are investors avoiding Chicago? Crain’s senior reporter Alby Gallun tells host Amy Guth what recent commercial real estate data reveals. Plus: A luxury car dealer is accused of polluting the Chicago River; United unveils a biometrics screening program that could help you skip long lines at the airport—for a fee; Deere's outlook disappoints as the trade war keeps farmers frugal, and health care leaders discuss why Chicago's safety net hospitals are about to change. Find #CrainsDailyGist on Twitter and let's continue the conversation.

 11/26/19: Breaking Into The Marijuana Game | File Type: audio/mpeg | Duration: 00:22:20

With cannabis legalization, Illinois is trying to undo harm from the war on drugs in ways no other state has. One goal is to widen the pool of owners. Another involves clearing criminal records. But what does "social equity" look like in practice? Crain’s reporter John Pletz talks about the business, economic and emotional issues around sharing the wealth on weed. Plus: Chicago's City Council approves Lightfoot's first budget, New York's City Council targets Grubhub over laws protecting restaurants, a cloud storage company will lease a West Loop office and area home price growth shrinks to its lowest since the economic recovery began. Use hashtag #CrainsDailyGist on Twitter to continue the conversation about these and other business stories.

 11/25/19: Who's On Exelon's Special Board? | File Type: audio/mpeg | Duration: 00:15:48

The utility formed a committee to handle its subpoena-fueled problems. But it won't reveal the members. Crain's reporter Steve Daniels explains why that's unusual. Plus: The founders of Outcome Health are indicted in a fraud scheme, Jay Shannon is out as the CEO of Cook County Health, a Chicago firm plans Fulton Market office and retail projects, and Illinois higher education seeks solutions to a black exodus. Find #CrainsDailyGist on Twitter and let's continue the conversation.

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