How China tariffs ripple through Midwest economy

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How China tariffs ripple through Midwest economy

Having trouble viewing this email? See the online version

Morning 10

Tuesday, July 02, 2024

Did someone forward this to you? Sign up for the Morning 10 here.

1. How China tariffs ripple throughout the Midwest economy

The logistics industry, much of it based in and around Chicago, has been busy in the past six weeks trying to gauge the impact of the new tariffs.

2. Chicago pension debt rises to $37 billion as city hunts for cash

The chronic lack of adequate contributions helped fuel Chicago’s ballooning pension liability — the biggest single weight on the city’s budget and credit ratings.

3. Democrats weigh mid-July vote to formally tap Biden as nominee

A panel is meeting to finalize procedures before the party’s convention in Chicago starts next month.

4. Deere laying off hundreds amid decline in farming demand: report

The world's top supplier of farming machinery is trying to clamp down on operational costs amid a downturn in demand.

5. Stuck in foreclosure limbo, Frank Lloyd Wright house in Austin needs a rescuer

The status of the house, built in 1903 and in decrepit condition, is snarled in a mess of legal documents.

6. Dealerships sue CDK for 'negligence in protecting users of its systems'

Two Florida dealerships and two Georgia stores have joined two consumers in suing CDK Global following its cyberattacks and software outages.

7. City ponders new taxes: Crain's Daily Gist podcast

A City Council subcommittee is considering a slew of new ideas to raise revenue. Crain’s reporter Justin Laurence talks with host Amy Guth about some options on the table.

8. Kraft made a dinnerware set 'pre-tinted' with the Mac & Cheese color

The collection features a dinner bowl, a snack bowl and a serving spoon, all sporting what the brand calls a “golden ombre tint.”

9. Top earners at Rush University Medical Center

Here's the latest compensation data for Rush's flagship hospital.

10. Heinz combined 14 sauces together to make 'Every Sauce'

Indecisive British people who can’t choose among various Heinz sauces have been thrown a lifeline.

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How China tariffs ripple through Midwest economy

Morning 10

Tuesday, July 02, 2024

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