Illinois can't keep its rich residents

Having trouble viewing this email? See the online version Morning 10 Friday, August 02, 2024 Did someone forward this to you? Sign up for the Morning 10 here. ken griffin 2.jpg 1. Illinois ranks last

Illinois can't keep its rich residents

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Morning 10

Friday, August 02, 2024

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1. Illinois ranks last at keeping rich people from moving out

A study from the libertarian Cato Insitute found that for every high-income earner who moves into the state, two leave.

2. Pritzker met twice this week with Harris VP vetting team: report

The governor has been deflecting questions for days on whether he's talking with the Harris campaign about joining the ticket.

3. Chef Richard Sandoval to open another Chicago restaurant this fall

Toro Chicago is set to open in the Fairmont Chicago Millennium Park in the Lakeshore East neighborhood this fall, replacing Columbus Tap.

4. JPMorgan dragged into fight over one of Chicago's oldest hotels

Bondholders sued the bank, arguing it failed to tell investors key information about the complicated manner in which the historic Hilton Palmer House is owned and operated.

5. What toll does homelessness take? Here are some numbers.

A sobering report from the IDPH and UIC paints a stark picture for those experiencing homelessness in Illinois.

6. DraftKings to implement a customer surcharge in high-tax states like Illinois

Illinois recently upped its sports betting tax to 40% for top-earning sportsbooks, including DraftKings.

7. Wintrust officially completes Macatawa Bank merger

With it, Wintrust gets its 16th community bank subsidiary.

8. Pat Ryan's firm goes shopping for builders insurance

Ryan Specialty, the wholesale brokerage insurance firm founded by Ryan in 2010, is expecting a long-term surge in new homebuilding.

9. EPA issues emergency fuel waiver to address Midwest shortages

A power outage at a Joliet refinery has caused gas prices in Chicago to surge to their highest level in two years.

10. Test your knowledge of this week's headlines with our latest quiz

See how your score stacks up against other Crain's readers.

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Illinois can't keep its rich residents

Morning 10

Friday, August 02, 2024

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