CRAINALERTS: A condo fit for a president

A condo fit for a president

Having trouble viewing this email? See the online version Wednesday, September 11, 2024 A MESSAGE FROM WINTRUST The popularity of ACH payments has risen steadily each year over the last decade, and 30%

A condo fit for a president

Having trouble viewing this email? See the online version

Wednesday, September 11, 2024

A MESSAGE FROM WINTRUST

The popularity of ACH payments has risen steadily each year over the last decade, and 30% of businesses fell victim to ACH debit fraud in 2022.

Security programs like Positive Pay can help foil payment processing scams that cost millions in losses.

Register for our free webcast to learn more about protecting your business.

1. Obamas' old Hyde Park condo hits the market

It's the first time the East View Park four-bedroom has been on the market since 2005, when the couple sold it as Barack Obama was beginning his ascent to the White House.

2. Chicago investor pays $78 million for Lisle apartments

Local real estate firm Waterton has expanded its Chicago-area apartment portfolio with a 310-unit property in the western suburbs.

3. Raja Krishnamoorthi on China policy — and why it matters to the Midwest

The congressman, who has become an outspoken voice on relations with China, sat down with Crain's to talk tariffs, trade, cybersecurity and more.

4. Northern Trust shakes up management team

The Chicago-based bank is replacing its CFO and adding a COO position as it continues to struggle with costs from high interest rates.

5. Deere pays SEC nearly $10M to resolve overseas bribery case

Regulators say employees of a newly acquired company plied government officials with cash, massage-parlor visits and travel.

6. Why bigger is not necessarily better at Ascension

The president of the sprawling nonprofit system, which plans to sell nine Illinois hospitals, says reducing Ascension's footprint will allow it to make more of an impact.

7. Chicago's GTCR in advanced talks to acquire German drugmaker

The buyout firm is in the pole position for Stada now that rival bidder CD&R has dropped out.

8. With syphilis on the rise, UChicago tried procedural tweak that caught way more cases

A new study from the health system presents a simple solution to getting more tests done: just offer them to everybody.

9. SAFE-T Act's detention rule put to the test in Illinois Supreme Court

Almost one year to the day after the court allowed the new law that abolished cash bail, it heard arguments for two cases that will test the authority of local courts to hold criminal suspects behind bars while they await trial.

10. Fewer Chicagoans tuned in to Bears' much-hyped season opener this year

The comeback win and Caleb Williams' debut didn't attract as many eyeballs as some may have hoped.

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A condo fit for a president

Wednesday, September 11, 2024

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