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Here are this morning’s top stories.
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| chicagobusiness.com
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CRAIN'S CHICAGO BUSINESS A CRAIN FAMILY BRAND
MORNING 10
TUESDAY, OCTOBER 1, 2024
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1. Anti-gentrification ordinance gives rare power to tenants over building sales
Renters in hot-spot neighborhoods on Chicago's North and West sides gain a measure of control over who buys the buildings they
live in when the ordinance takes effect next week.
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to explore top features like 40 Under 40 & Best Places to Work.
2. Byline Bank and Wirtz family's First Security announce merger
The deal combines the Chicago area's fifth-largest bank with a much smaller competitor known for commercial lending.
Read more →
3. Alinea Group co-owner Nick Kokonas sells ownership stake
Nick Kokonas announced the sale of his stake in the restaurant group behind three Michelin-starred restaurant Alinea.
Read more →
4. CVS explores options including a potential breakup: report
Walgreens' chief rival is conducting a strategic review of options, Reuters reported, as the company faces headwinds from its
drugstore chain and Aetna health insurance arm.
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5. West Englewood school shuttered in wave of CPS closures will become affordable apartments
The former Charles Earle School is the latest to be reactivated of the 50 Chicago Public Schools — 46 buildings in all — that
Mayor Rahm Emanuel's administration closed 11 years ago.
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6. Mental health workforce would have to double in 5 years to meet demand: report
An extensive report released today by Cook County Health details the extent of the behavioral health workforce crisis and the
tactics the county health department is considering to meet or at least lessen the challenge.
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7. Fed's Goolsbee says prolonged ports strike poses supply risks
"Anything that’s a negative supply shock, in our language, that’s going to raise the cost of doing business and lead to shortages,
is something that we’re just going to have to deal with and the impacts are never good."
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8. Crime in Chicago is down. Why doesn't it feel that way?: Crain's Daily Gist podcast
Data indicates crime rates are down. Crain’s contributor Steve Hendershot talks with host Amy Guth about why it might not feel
that way.
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9. Register now for Crain's Family Business Lunch
Don't miss a one-on-one conversation between Crain Communications CEO KC Crain and InspereX founder and Cubs Executive Chairman
Tom Ricketts on growing, diversifying and innovating within family-owned enterprises. Register by Nov. 4.
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10. Top earners at the Illinois Health & Hospital Association
Here's the latest compensation data for the nonprofit advocacy group representing 200 hospitals and nearly 40 health systems in
Illinois.
Read more →
DISCOVER THE LATEST INSIGHTS, ANALYSIS & OPINION NEEDED TO NAVIGATE CHICAGO'S COMPLEX BUSINESS LANDSCAPE.
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