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Catholic Health CEO steps down
Dr. Patrick O’Shaughnessy resigned after serving as president and CEO of the Long Island hospital system for more than five years.
Durbin, Duckworth join calls for top prosecutor to resign after ‘Broadview Six’ fumble
The Illinois Democrats say the Northern District's top federal prosecutor has overseen an office marked by "chaos, deep internal dysfunction, and alleged misconduct."
Hawthorne Race Course property marketed as industrial redevelopment play
While the racecourse is also seeking a buyer to revive the gambling operation, the sprawling property may have more eager suitors from the commercial property sector.
How CMOs can align marketing with real business outcomes
CMOs must reclaim their role as enterprise growth leaders by connecting marketing to business outcomes, proving impact, and embracing AI and analytics.
‘Only one option on the table’: Indiana feels momentum in Bears chase
Indiana sees an opening after the Bears stadium plan stalled in Springfield.
Closing Michigan’s growing healthcare gap
Detroit employers and unions adopt advanced primary care to reduce costs, improve access and address care gaps.
Securing Michigan’s manufacturing legacy with AI and advanced technology
AI is helping Michigan manufacturers improve operations, lower maintenance costs and modernize production with practical, affordable solutions.
Spencer Leak Jr., leader of family funeral business, dies at 56
Leak spent more than four decades helping run the family funeral home business founded by his grandfather, the Rev. Andrew Leak, in 1933.
Bailey wants to keep the Bears. How? Well, that’s not clear.
As Illinois lawmakers struggle to craft a plan that would help keep the Chicago Bears from moving to Indiana, Republican gubernatorial candidate Darren Bailey says the state should find a way to keep the team — but insists individual taxpayers should also get a break.
Lucky Strike permanently closes Wrigleyville location
The bowling alley and bar didn’t give a reason for the closure, but the CEO of its parent company recently acknowledged headwinds.
Business leaders join calls for change in how university trustees are picked
A proposed constitutional amendment would task the governor with appointing members of the governing boards for the University of Michigan, Michigan State University and Wayne State University.
Jewelers Building owners plan $25M renovation in bid to lure new tenants
If the investments help bolster the rent roll, it could nudge other landlords to follow suit — ultimately helping restore vital property tax revenue in the central business district.
Editorial: There’s a tough message in latest MSU president’s departure
Why can't Michigan's Big 3 universities hold onto their presidents? Look to what they have in common.
How a Detroit creative turned lost art classes into a winning business idea
Detroiter Trice Clark discusses plans for her new east side storefront.
Opinion: Follow California’s lead in protecting workers from AI displacement
By an Executive Order, Gov. Gavin Newsom seeks to fill a gaping public policy void on a bread-and-butter issue for workers. Illinois and Gov. JB Pritzker would do well to follow suit.
Millender Center’s retail businesses asked to leave
The Bedrock LLC-owned Millender Center, built in the 1980s immediately across from the RenCen, is emptying of tenants.
Group turns in 562,000 signatures for Michigan corporate donations ban
The ballot proposal would prohibit DTE Energy, Consumers Energy and companies with state or local contracts worth more than $250,000 from contributing to politicians.
Health tech firm Veradigm begins climbing out of years-long financial do-overs
The Chicago company reported it had revenue of $594 million in 2024, dropping from $626 million in 2023, with a net loss of $292 million in 2024 compared to net income of $49 million the previous year.
Double-digit premium hikes push Michigan small businesses to reconsider health coverage
Small businesses owners say they may drop employee health insurance coverage altogether because of rising costs.
MSG Sports shares rally to record as Knicks reach NBA finals
Shares of Knicks' parent company Madison Square Garden Sports hit a record on Tuesday.
Opinion: How corporate apprenticeships move the needle for Chicago youth
The momentum across the city is real, and the programs reflect the kind of intentional investment that changes trajectories.
Opinion: Why is Chicago handing its parking meters to a firm tied to ICE deportation flights?
City Council should closely examine Stonepeak’s broader business operations and infrastructure footprint before approving the transfer.
Greg Hinz: As mayoral field forms, Mendoza targets Johnson on TIFs
Susana Mendoza’s attack on TIF sweeps may be the opening salvo in a crowded mayoral contest.
Booming U.S. defense business benefits a new type of company in Michigan
Small and medium-sized businesses have more opportunity than ever to break into a defense industry under a new mandate to move faster.
Southeast Michigan’s future won’t build itself. Here’s how we do it.
Detroit leaders call for smarter, community-driven growth to create jobs, strengthen schools and build a sustainable, shared economic future.
Commentary: Illinois mixed strategy and intention to mount a resurgence
Global companies are choosing Illinois because the state is aligning itself with where the economy is going, not where it has been.
Chicago has a new largest public company
Big IPOs bring new entrants to this year's ranking.
Great Lakes Maritime Initiative aims to strengthen shipbuilding, jobs and the environment
University of Michigan launches Great Lakes Maritime Initiative to boost shipbuilding, innovation and workforce development across the region.
Transmission investment powers Michigan’s economic future
ITC’s Krista Tanner discusses how the state’s electric grid is driving reliability, growth and long-term energy affordability for businesses.
Pontiac’s comeback: A new chapter led by partnership and purpose
Oakland County leads downtown Pontiac revival with major public and private investment, creating jobs, housing and renewed opportunity for residents.
Energy security in an uncertain world depends on affordability and access
Reliable, affordable energy depends on resilient infrastructure, diverse sources and sustained investment to keep supply steady and communities secure.
Putting small businesses in the driver’s seat of Michigan’s economy
Data-driven programs in Michigan connect capital and expertise to help small businesses expand, overcome barriers and sustain long-term success.
Chicago’s top health official exits after turbulent stretch under Johnson
Chicago Department of Public Health Commissioner Dr. Olusimbo Ige is leaving City Hall after overseeing measles outbreaks, migrant health issues and steep federal funding cuts.
Illinois healthcare bills at stake as spring session enters final week
The biggest battles in healthcare legislation may involve Big Pharma, but several other health bills are at the make-or-break stage this coming week in Springfield.
Pritzker hopeful on Bears deal as Legislature heads for finish line
Gov. JB Pritzker says he’s confident the Illinois Senate will advance a revised Bears stadium incentive bill as lawmakers race to keep the team from moving to Indiana.
Editorial: Delay Illinois’ swipe-fee law before chaos hits
With litigation unresolved and federal regulators intervening, Springfield should pause Illinois’ swipe-fee law before the July 1 deadline.
Antonio Gracias’ Valor stands to pocket billions from SpaceX IPO
Antonio Gracias, the founder of Chicago-based Valor Equity Partners and a longtime Elon Musk ally, controls a 4% economic stake in SpaceX.
Bears’ Chicago talks complicate Arlington Heights stadium push
The mayor's office said "several" meetings have taken place over April and May between the team and city's top lawyers.
CHA board chair weighs run for mayor amid clash with Johnson: report
CHA board chair Matthew Brewer is considering a run for Chicago mayor as his public feud with Mayor Brandon Johnson intensifies, the Chicago Sun-Times reports.
Michigan business leaders launch statewide alliance to boost startup ecosystem
Nearly 100 organizations from across Michigan are joining forces to establish a statewide innovation alliance.
Michigan group says it has signatures to propose ban on utility, business donations
Michiganders for Money Out of Politics plans to turn in petitions next week. It needs 356,958 valid voter signatures to qualify.
Chicago delays tipped wage phaseout after restaurant pushback
Chicago aldermen approved a compromise delaying the phaseout of the tipped minimum wage for restaurants, handing Mayor Brandon Johnson a setback.
Detroit investors are leaving their mark on this Lake Huron vacation town
The village of Lexington, snuggled up against Lake Huron, boasts of only about 1,000 or so year-round residents, but the population swells by maybe two-fold or more during the warmer months.
Chicago Reader names a new publisher
The Chicago Reader has named a new publisher as the long-struggling alternative news outlet continues its latest turnaround effort.
Blackstone Hotel sold at discount to local investor
The local investor behind the two biggest downtown hotel purchases of the past year has picked up a third in the historic Blackstone Hotel on Michigan Avenue.
Illinois joins suit arguing Trump grad loan caps threaten healthcare workforce
Illinois joined 25 Democratic-led states suing the Trump administration over new graduate student loan caps they say could worsen healthcare worker shortages.
Auto suppliers push for USMCA renewal as tariffs jolt business
Manufacturers are paying close attention to how the rules of North American trade will be rewritten yet again.
Why CMOs must become enterprise growth leaders
CMOs must reclaim their role as enterprise growth leaders by connecting marketing to business outcomes, proving impact, and embracing AI and analytics.
The parking meter deal Chicagoans love to hate is poised for another sale
The City Council is likely to push for better terms in the concession contract under a new owner.
DraftKings to close sportsbook at Wrigley Field: report
DraftKings will stop taking in-person bets at Wrigley Field on May 31, blaming rising city and state sports wagering taxes.
2026 Healthcare Marketing Impact Awards
Learn about the 2026 Healthcare Marketing Impact Awards from Ad Age and Modern Healthcare, honoring impactful healthcare advertising, marketing and communications campaigns.
How Carle Illinois College of Medicine is changing the health care innovation ecosystem
Carle Illinois College of Medicine blends medicine, engineering and AI to speed health care innovation from concept to patient care.
How Carle Illinois College of Medicine is changing the health care innovation ecosystem
Carle Illinois College of Medicine blends medicine, engineering and AI to speed health care innovation from concept to patient care.
Chicago power families: Who holds influence now
These 14 families wield influence across Chicago and Illinois through business, politics, philanthropy, sports and civic institutions.
Power Families of Chicago: Crown, Duchossois, Melman and Wirtz
Some long-familiar names — Crown, Duchossois, Melman and Wirtz — are among Chicago's most powerful families.
Power Families of Chicago: Velasquez
With second-generation leaders in Azteca Foods and a history of philanthropy and civic activism in Pilsen, the Velasquez family is among Chicago's most powerful.
Power Families of Chicago: Hoffmann
The Hoffmanns — whose company operates 52 platform businesses in eight vertical categories — are among Chicago's most powerful families.
Power Families of Chicago: Sacks
With influence in education, philanthropy and political circles, Michael and Cari Sacks are among Chicago's most powerful families.
Connecting care: How Meridian supports Michigan’s foster youth
Meridian’s foster care program helps Michigan youth access care, stability and everyday support during times of transition.
Illinois infrastructure investment strengthens economy and workforce
U of I professor Rober Bruno on how public infrastructure spending fuels job creation and long-term growth in Illinois.
Detroit’s lunch business struggles as hybrid work, economy reshape routines
The traditional sit-down “business lunch” is no longer the reliable revenue stream it was before the pandemic began in early 2020.
Fitbit Air: 24 Hours Later First Impressions
Here's your first impressions of the Fitbit Air, and how it compares physically to Whoop 5.0/MG, Amazfit Helio, and the Polar Loop.
Wintrust spreads its brand in West Michigan via Grand Rapids naming rights deal
Wintrust Financial Corp. will sponsor prominent entry points at the new Acrisure Amphitheater in downtown Grand Rapids in a move to further spread its brand in West Michigan after acquiring Macatawa Bank.
Chicago firm pays $91M for Kane County apartments in latest high-dollar deal
The deal is one of the largest in the suburbs so far this year following a $102 million sale in Orland Ridge and a $110 million deal in Crest Hill.
Garmin Forerunner 70: Everything That’s New & Changed!
Everything you need to know about the Garmin Forerunner 70, from the new features to accuracy, and plenty more!
Tax break for United Center’s 1901 Project advances amid union pushback
The request for a property tax break has given a hospitality union leverage in negotiations over permanent jobs created in the $500 million first phase of the $7 billion mixed-use development.
Crain's Chicago Business reports: Building on its reputation, Chicago area, City Colleges of Chicago, becomes a force for workforce development
Aon has already hired more than 300 apprentices through its long-running collaboration with City Colleges of Chicago and workforce programs are increasingly designed around employer needs while also addressing barriers to employment.To support the individual needs of students, City Colleges offers wraparound support such as tutoring, internships, apprenticeship and advising. The goal is upward mobility — especially for students from underrepresented communities.
Chicago investment bank Lincoln International seeks $421M in IPO
The Chicago-based firm and some selling shareholders are offering around 21 million Class A shares for $18 to $20 each, according to its filing Monday with the US Securities and Exchange Commission.
Building on its reputation, Chicago area becomes a force for workforce development
Chicago-area employers, colleges and nonprofits are creatively collaborating to ensure the region's talent pipeline stays robust and adequately filled.
Commentary: More intentional connections will strengthen Chicago’s talent pipeline
Holistic, coordinated support systems are essential to ensure those furthest from opportunity are not left behind.
Schools and nonprofits help people clear barriers to employment when ‘life happens’
Chicago has an entire ecosystem dedicated to helping applicants navigate factors holding them back from securing a job.
Commentary: Dominican University’s Pilsen campus targets a workforce shortage
By removing barriers in higher ed, the River Forest-based institution connects students mainly from the West Side with communities that need their skills and talents.
Massive water main break closes businesses, sends offices into WFH mode in Auburn Hills, Orion
Water main break could take a minimum of two weeks to fix, the Great Lakes Water Authority said.
Illinois road investment impact business competitiveness
Illinois road conditions drive higher costs, delays and safety risks for businesses statewide. Learn why sustained investment is critical.
Why investing in Illinois roads is critical for business competitiveness
A look at how deteriorating Illinois roads impact supply chains, business costs and economic growth across Chicago and downstate regions.
QVC shareholders fight bankruptcy plan they say favors creditors
QVC shareholders are challenging the retailer’s bankruptcy plan, arguing the company is improperly shifting valuable assets to creditors.
Chicago Teachers Union wants $8.5 million dues hike to fund politics
“Has your brand become toxic?” This was a pointed question from WGN Political Editor Tahman Bradley, posed to Chicago Teachers Union President Stacy Davis Gates in a recent interview. Her immediate response: “I don’t understand the question.” When pressed, Gates added, “The Chicago Teachers Union is not a political party, it is a labor union.” But internal union documents show CTU leadership is trying to skim $8.5 million more from teacher paychecks explicitly for politics, while trying to silence union members critical of Gates’ leadership. Under the proposed dues hike, Chicago teachers would see up to $800 more per year flow from their paychecks to union coffers. The union already takes in more than $40 million a year, mostly from dues. And it spends less than 18 cents of every dollar on teacher representation. The No. 1 reason for the proposed dues hike? Politics. “We must win a majority of the first 21 person fully elected school board in November,” reads the first point in CTU’s member FAQ document.1 This directly contradicts CTU’s promise to members about how leadership uses dues money. The official CTU handbook tells members that the union does not use dues money for politics, so if they are interested in funding political activity, they should consider voluntary donations to CTU’s political action committee. “Our dues are not used for political purposes,” according to the handbook. “So our PAC relies on extra contributions from our members to support progressive candidates and to impact elected officials at the city, county and state levels.” This kind of double-speak is one reason members are concerned about another constitutional change slipped into the dues hike vote, which will take place on May 20-21: an attempt to stop members from holding the union accountable. A proposed amendment to the union constitution tries to place limits on when members may bring a lawsuit against the union for violating members’ rights.2 This provision is clearly a response to members’ lawsuit against union leadership regarding Gates’ years-long refusal to publish audited financial statements. The judge in that case has repeatedly denied the union’s attempts to dismiss it. Teachers opposed to these changes have been circulating this flier, urging members to vote no. What will CTU members get in return for millions of dollars in additional dues? If the 2024 school board elections are any indication—not much. CTU leadership’s record on school board races may not inspire confidence among members. A Chicago Policy Center analysis of a dozen affiliated PACs found CTU spent nearly $2.9 million on school board races in 2024. Of that spending, more than $2.1 million (75%) went to losing candidates. And while CTU-backed candidates lost six of the nine competitive seats overall, they fared worse in their biggest-spending races, losing five of six contests in which the union and its affiliates put up more than $250,000 for their candidate. The Chicago school board elections take place Nov. 3.3 Is another $8.5 million enough to clean up a toxic reputation? Not likely. Update on federal tax credit scholarship: Last week, Democratic New York Gov. Kathy Hochul said she plans to opt into the federal tax credit scholarship program. If Illinois Gov. JB Pritzker follows suit, Illinois could unlock $1 billion in donor money statewide for both public- and private-school students. If Illinois does not opt in, that money will flow to other states. The Last Ward reported in February on how Illinois Democrats could unlock at least $100 million in new resources for Chicago public-school students by opting in. Update on the investigation into how Chicagoans learned about a meeting to hike their property taxes: The Last Ward reported in January on an absurd, taxpayer-funded investigation into how local media learned of a planned Chicago school board meeting to hike the district’s property tax levy. That investigation is now complete. Lawyers interviewed two dozen witnesses, and found nothing. Update on Illinois’ muni debt crisis: My colleague Joe Tabor last week published a must-read piece in Crain’s Chicago Business about how Illinois recently rejected south suburban Harvey’s request to be designated a “distressed city.” The saga shows why the state must implement a better structure to assist insolvent local governments, including allowing for the option to pursue debt relief via Chapter 9 bankruptcy. The Last Ward reported in October on how Harvey is tipping the first domino in Illinois’ municipal debt crisis. Mincing Rascals: I joined the Mincing Rascals podcast to discuss the SAFE-T Act, the millionaires tax, and more. My “green light” recommendation: Force Majeure (2014). 1 Notably, the No. 2 reason cited is “resources to fund a state-wide millionaires tax campaign in order to fully fund the state’s school funding formula.” The constitutional amendment necessary to implement a progressive income tax in Illinois recently died in the Illinois House, meaning this question would not appear on the ballot until 2028 at the earliest. 2 There is seemingly no single-subject rule for CTU constitutional amendments. So members only get one vote on the full package. One cannot vote “yes” on the dues hike and “no” on the restriction of members’ rights, for example. 3 Illinois law grants far too much power over local government to unelected officials like Gates. State lawmakers should fix that.
Chinese buyer plans partial residential conversion at Wacker Drive office building
The deal is part of two major trends: A wave of downtown office buildings trading at fractions of their pre-pandemic values and office-to-residential conversions.
Daily 5 report for May 8: Why this dealer sold his collision repair business
John Masano sold his collision repair business to Driving Force Collision in 2024 to focus on dealership sales and service operations instead.
Rivian eyes more EV variants as affordable R2 rollout begins
Rivian is signaling that its push into more affordable electric vehicles may extend well beyond the upcoming R2 SUV — a key development for the EV maker as it tries to broaden its appeal beyond luxury buyers.
Now we know what Uber paid to buy Chicago’s SpotHero
The purchase price was disclosed today in an SEC filing.
Kraft Heinz sees early payoff from $600 million brand bet
Kraft Heinz beat Wall Street expectations as CEO Steve Cahillane said investments in core brands are beginning to revive sales and market share at the Chicago food giant.
Opinion: Chicago companies offer a playbook for implementing place-based investments
On the South and West Sides of Chicago, place-based investments are bringing jobs, training and capital closer to home and advancing the city’s economy
Ogilvy invests in sports agency, names first global sports and entertainment chief
Article 41 co-founder Vickie Segar will fill Ogilvy's newly created role as global chief sports and entertainment officer.
Ogilvy invests in sports agency, names first global sports and entertainment chief
Article 41 co-founder Vickie Segar will fill Ogilvy's newly created role as global chief sports and entertainment officer.
Thoma Bravo is hunting software bargains amid selloff pressure
The Chicago firm is closely watching for any “motivated selling” among business-development companies that have been beset by a wave of investor redemptions.
Assertio parlays competing offer into $26 million bump for take-private deal
The 21% price hike would put the value of the transaction at nearly $151.5 million.
Opinion: Young people make nonprofit boards better. Here’s how.
Research suggests that young people have greater optimism, creativity, and motivation to drive social change than other age groups.
Long-deferred projects move forward as Chicagoland communities build for the future
Communities throughout Chicago are modernizing public facilities as part of a broader construction effort to build for function and longevity.
How employer partnerships are reshaping Chicago’s workforce
WGU explores how Chicago employers are investing in flexible education pathways to strengthen talent pipelines.
Why manufacturing? Gathering data, building community and propelling success
What’s shaping the future of manufacturing? Insights on workforce, automation and supply chains every business leader should know.
The role of philanthropy in health care today
: Health care is one of the most complex and essential sectors of Northeast Ohio’s economy. At UH, care is guided by a mission to heal, to teach and to discover.
The role of philanthropy in health care today
: Health care is one of the most complex and essential sectors of Northeast Ohio’s economy. At UH, care is guided by a mission to heal, to teach and to discover.
Alight’s new CEO makes more leadership moves
The moves come as new CEO Rohit Verma builds out a leadership team and refines the company’s focus on innovation, operational excellence and getting better benefits outcomes for clients.
West Coast tech firm eyes big Chicago office expansion
San Francisco-based Databricks is poised to lease about 50,000 square feet in the Franklin office building at 227 W. Monroe St., expanding from its current co-working space.
Sikich buys Manpower division for $100M
The acquisition follows a private-equity infusion by Bain Capital two years ago.
‘Weed City’ pushback: New Buffalo crackdown sparks legal fight
New Buffalo, a popular vacation destination — and a draw for Chicagoans seeking lower-cost cannabis products — and is trying to rein in that trade, but dispensaries are fighting back in court.
A City That Works: Illinois can’t let local politics deepen the housing shortage
Local control has not solved Illinois’ housing shortage. State standards can help add homes, ease costs and spread growth more broadly.
AbbVie raises outlook even as its blockbuster Skyrizi faces new rivals
Much of the company’s out performance stemmed from the immunology business.
Stadium architect Rossetti acquired by global giant HOK in sports and entertainment design expansion
A global architecture giant is doubling down on Detroit with a deal that expands its reach in one of the most competitive corners of the design world: sports and entertainment venues.