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:

 11/21/19: Dennis Rodkin’s Weekly Weigh-In On The Real Estate Market | File Type: audio/mpeg | Duration: 00:31:17

Regional housing market numbers, Blackhawks goalie Corey Crawford buys in the West Loop, more adjustments to the building planned next door to Tribune Tower, climbing prices in Pilsen and results for a Northbrook development proposal: Crain’s residential real estate reporter Dennis Rodkin joins the podcast for this week’s market news. Plus: PepsiCo confirms a move to the Old Post Office, a trustee seeks $80 million in damages in a grocery bankruptcy case, Charles Schwab nears a deal to buy TD Ameritrade and WeWork is cutting 2,400 jobs. Use hashtag #CrainsDailyGist on Twitter to continue the conversation about these and other business stories.

 11/20/19: How To Get Ken Griffin, Desiree Rogers And Other Chicago Luminaries Out Together | File Type: audio/mpeg | Duration: 00:14:22

The Museum of Contemporary Art’s annual auction raised a record $6 million to support the museum’s exhibitions and programming. And it was a who’s who of the Chicago business, philanthropy and art worlds. Crain’s assistant managing editor Jan Parr spoke with host Amy Guth about the event. Plus: Chicago Tribune's new investor is a hedge fund known for layoffs, Ken Griffin invests in a real estate tech firm, Chicago may join the bond refinancing bonanza, and PharmaCann gets state OK to sell recreational weed—but one of its locations is in a suburb that just said no to recreational marijuana sales. Use hashtag #CrainsDailyGist on Twitter to continue the conversation about these and other business stories.

 11/19/19: What Pork & Mindy's Says About Chicago Restaurants | File Type: audio/mpeg | Duration: 00:17:11

Pork & Mindy's is no more after filing for Chapter 7 bankruptcy and listing liabilities between $1 to $10 million. Crain’s reporter Dalton Barker spoke with host Amy Guth about the story and the challenges within the Chicago restaurant industry. Plus: Ken Fisher loses $67 million as a Chicago Police fund pulls its investment, Desiree Rogers buys Fashion Fair, apartments are planned next to a CTA station in Bronzeville, and Stanley's Fresh Fruit & Vegetables property gets auctioned off. Use hashtag #CrainsDailyGist on Twitter to continue the conversation about these and other business stories.

 11/18/19: Giving The Burbs  A Second Look | File Type: audio/mpeg | Duration: 00:16:06

You've heard about the quest for talent and cachet in the city. Despite that trend, downtown rents have firms opting for lower price points far beyond the Loop. Crain’s commercial real estate reporter Danny Ecker spoke with host Amy Guth about a shift in thinking around commercial office spaces. Plus: Blue Cross Association is launching a national provider network; Lightfoot scraps Emanuel's Infrastructure Trust; why ham prices are spiking, and Boeing directors are sued over missed warning signs on the 737 Max 8. Find #CrainsDailyGist on Twitter and let's continue the conversation.

 11/14/19: Lightfoot vs. Uber | File Type: audio/mpeg | Duration: 00:16:36

Mayor Lightfoot says Uber offered pastors $54 million to get her to change her mind on ride-hailing taxes. Uber suggests the mayor is confused with a revenue estimate from a counterproposal they offered. Crain's government and politics reporter A.D. Quig joins the podcast to talk about the latest developments, as well as other updates from City Hall. Plus: Weed success in Chicago may come down to luck of the draw, an Amazon 4-star store opens in Oak Brook, Rush Copley Medical Center's longtime CEO retires, and Sears cuts hundreds of corporate jobs. Find #CrainsDailyGist on Twitter and let's continue the conversation

 11/13/19: Why You Should Know These 40 Chicagoans | File Type: audio/mpeg | Duration: 00:12:11

Crains’ 40 Under 40 list is live. This year’s group gathered in the West Loop this morning for a celebratory breakfast with a keynote speech from past honoree David Axelrod. After the event, Crain’s Chicago Business assistant managing editor Jan Parr spoke with host Amy Guth about the list and the selection process. Plus: Miles White is stepping down as Abbott CEO, Citadel appoints a co-CIO, McDonald's gets hit with another harassment suit and Chicago will cut weed users a lot more slack. Use hashtag #CrainsDailyGist on Twitter to continue the conversation about these and other business stories.

 11/12/19: An 'all-hands-on-deck' Approach To Addressing Hunger | File Type: audio/mpeg | Duration: 00:15:17

The Greater Chicago Food Depository has announced plans for a $50 million kitchen with the goal of making up to 17,000 meals each day to feed Cook County's aging population, which is on course to significantly increase over the next decade. The organization’s CEO Kate Maehr and Crain’s reporter Sarah Zimmerman discuss the project today on the podcast. Plus: The phasing out of an index attached to CME’s biggest product group has created an opportunity for rivals, a health care software firm raises $22 million, nonprofit hospitals are forced to defend hundreds of millions in property tax breaks and retailers say Fiat Chrystler—whose production facilities include a Jeep Cherokee plant in Belvidere—revived a "sales bank" approach they hate. Use hashtag #CrainsDailyGist on Twitter to continue the conversation about these and other business stories.

 11/11/19: Why Can't These Local Malls Get A Loan? | File Type: audio/mpeg | Duration: 00:15:10

Some shopping mall owners now face an even tougher task of finding a lender willing to refinance their properties—on top of finding (and keeping) tenants and facing competition from online shopping. Crain’s reporter Alby Gallun talks with host Amy Guth about how even healthy centers struggle to find financing. Plus: former Bear Israel Idonije is opening a Loop nonprofit hub, KKR approaches Walgreens about a deal that could be the biggest-ever leveraged buyout, Giordano's private-equity owners may be ready to sell the pizza chain, Southwest and American extend Boeing's 737 Max absence to early March, and new grants from the Illinois Manufacturing Excellence Center aim to boost productivity for small manufacturers. Use hashtag #CrainsDailyGist on Twitter to continue the conversation about these and other business stories.

 11/07/19: What River North's Newest Luxury Condos Will Look Like | File Type: audio/mpeg | Duration: 00:26:44

Real estate brokers have a new digital tool for calming nervous sellers, a first look inside the high-end condos going up across from Holy Name Cathedral, and an actual yellow brick road honors the writer of "The Wizard of Oz" on the site of his home—Crain’s residential real estate reporter Dennis Rodkin is in the studio with news from the local housing market. Plus: Chicago police chief Eddie Johnson announces his retirement, Wells Fargo's CEO taps Bill Daley to help fix the bank's image, McDonald's new CEO buys $500,000 of the company's stock, Byline Bank ends Parkway Bank talks with no deal and Sterling Bay is moving its headquarters to a new Fulton Market building. Use hashtag #CrainsDailyGist on Twitter to continue the conversation about these and other business stories.

 11/06/19: Changes Ahead For Mariano's? | File Type: audio/mpeg | Duration: 00:18:29

Mariano's parent Kroger has a new ad campaign to address its struggling brand identity. Crain’s reporter Dalton Barker joins the podcast with insight on what the marketing moves could mean for the Chicago-area grocery chain and challenges facing the industry. Plus: Motorola takes on a Chinese rival at home, a Golub venture takes over a massive Near South Side apartment complex, Walgreens Boots explores going private in what could be the largest leveraged buyout in history and Lyric Opera embarks on one of the largest renovation projects in its history. Find #CrainsDailyGist on Twitter and let's continue the conversation.

 11/05/19: Why These Insurance Agents Are Angry | File Type: audio/mpeg | Duration: 00:18:33

Allstate, the Northbrook-based insurance giant, has informed its nationwide team of agents that it’s trimming 10 percent of what most of them get paid when customers renew their policies. Agents aren't happy about that. Crain’s senior reporter Steve Daniels spoke with host Amy Guth about the story to get insight into the insurance industry. Plus: Boeing's CEO will forgo his bonus this year, three key products are driving growth at Abbott, a lawsuit takes aim at the city's Fair Workweek Ordinance and Giordano's and Protein Bar are jumping on the plant-based meat bandwagon. Use hashtag #CrainsDailyGist on Twitter to continue the conversation about these and other business stories.

 11/04/19: Big Changes And Challenges At McDonald's | File Type: audio/mpeg | Duration: 00:18:18

Just as McDonald's was set to cash in on its big bets on tech, delivery and other innovations, the architect of that turnaround strategy, CEO Steve Easterbrook, was fired. Crain’s reporter Dalton Baker talks with host Amy Guth about the news and how the fast-food giant will fare under new leadership. Plus: A leaked internal memo could signal more changes at your local Mariano's; Arlington Heights apartments fetch $58 million; Ford's $6 billion deal with UAW goes up for vote, and Allstate angers agents with a sudden pay cut. Find #CrainsDailyGist on Twitter and let's continue the conversation.

 10/31/19: Why The 2017 Tax Law Is 'a killer' For Lake County | File Type: audio/mpeg | Duration: 00:31:45

Local home market data, a look inside a Lincoln Park penthouse, and five local (and local-ish) residential buildings recognized by the Chicago chapter of the American Institute of Architects. Crain’s residential real estate reporter Dennis Rodkin catches us up on the news of the week. Plus: Former Exelon exec Pramaggiore resigns as chair of Federal Reserve Bank of Chicago, Outcome Health reaches a $70 million settlement with the Justice Department and Exelon's CEO says the company will close nukes without a spring bailout—legal cloud or no. Use hashtag #CrainsDailyGist on Twitter to continue the conversation about these and other business stories.

 10/30/19: The Cost Of Boeing's Crisis | File Type: audio/mpeg | Duration: 00:17:31

The jetmaker's response to the 737 Max crashes has harmed the trust of not only of the public, but also pilots. Crain's manufacturing reporter Claire Bushey joins the podcast today to talk about how restoring aviators' faith is a key step for Boeing. Plus: A look at the Chicago Teachers Union strike on day 10; the NCAA says college athletes can cash in as a bill heads to the Illinois Senate; the Obamas defend Jackson Park as the presidential center site, and Molson Coors shifts its North American headquarters to Chicago. Find #CrainsDailyGist on Twitter and let's continue the conversation.

 10/29/19: 'We have to ensure a pathway to upward mobility' | File Type: audio/mpeg | Duration: 00:18:57

As the CTU strike drags on, other problems hang over Chicago Public Schools. Hugh Dellios, the editor of Crain's Forum, talks about our latest deep dive on CPS graduates, who face too many hurdles to succeeding in college. How can the city boost student outcomes? Plus: Grubhub stock plunges, Zebra lands a $570 million Postal Service contract, Starbucks is investing $10 million to boost small business and manufacturing is now the smallest share of the U.S. economy in 72 years. Use hashtag #CrainsDailyGist on Twitter to continue the conversation about these and other business stories.

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