CRAINALERTS: Stadium costs could squeeze Chicago finances

Stadium costs could squeeze Chicago finances

Having trouble viewing this email? See the online version Monday, July 29, 2024 A MESSAGE FROM WINTRUST Our comprehensive suite of receivables solutions ensures you can access funds quickly and

Stadium costs could squeeze Chicago finances

Having trouble viewing this email? See the online version

Monday, July 29, 2024

A MESSAGE FROM WINTRUST

Our comprehensive suite of receivables solutions ensures you can access funds quickly and transparently while experiencing seamless integration with your existing systems.

Focus on what matters most — running your business — while we handle your payment processing needs.

Learn more about Wintrust receivables services here.

1. Are stadiums a smart use of taxpayer money?

The return on investment for the city and residents may not deliver on the teams’ promises.

2. CTA's Red Line extension gets new financial help from the feds

The Biden administration is giving a major financial boost to plans by the Chicago Transit Authority to extend its Red Line train service to the south city limits.

3. Greg Hinz: What Kamala Harris — and Chicago — both need from the DNC

The candidate, the party and the city itself have a lot to gain — and lose — as the spotlight turns here starting Aug. 19. Here's a breakdown.

4. Big names top Crain's list of largest commercial property managers

Our brand new list features 14 firms ranked by office and retail square footage managed locally this year.

5. Abbott loses $500 million baby formula verdict

That was for the first lawsuit over a fatal risk in Abbott's formula that went to trial. There are more than 1,000 pending claims against the company and other formula makers.

6. How a software update crippled global IT — and what can be done about it

Maybe the global nature of data communications is not as threatened as we thought it was. At least that's the outlook from one Chicago IT security exec who sat down with Crain's.

7. Top earners at Humboldt Park Health

Here's the latest compensation data for the nonprofit safety net.

8. A white whale project for the South Side: Crain's Daily Gist podcast

A huge quantum computing campus, much pursued by Gov. Pritzker, is coming to the former U.S. Steel South Works site. Crain’s tech reporter John Pletz talks with host Amy Guth about the development.

9. Orphe Divounguy: The economy's in great shape? Don't tell Chicago renters.

Most Americans are better off today than they were before the pandemic. But those who couldn't or didn't become homeowners in the last few years got left behind.