Crain's Daily Gist

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.