crainalertsAug 12, 2024, 11:00 AM

Mental health movement's moment

Having trouble viewing this email? See the online version Monday, August 12, 2024 A MESSAGE FROM WINTRUST Fraud costs businesses worldwide 5% of their revenue annually, with small businesses being the

Having trouble viewing this email? See the online version

Monday, August 12, 2024

A MESSAGE FROM WINTRUST

Fraud costs businesses worldwide 5% of their revenue annually, with small businesses being the hardest hit.

Fraud prevention solutions like Positive Pay protect your company from payment schemes like check alteration and ACH fraud.

Learn how to secure your transactions and safeguard your business.

1. Chicago tries a progressive approach to its mental health crisis

Faced with a services gap that disproportionately affects Black and Latino Chicagoans, Mayor Brandon Johnson is bringing closed clinics back online.

2. Why Mars, a candy-making giant, may have a craving for Kellanova's snack biz

Less than a year after splitting from Kellogg, Kellanova's growth numbers — especially in international markets — could be too mouthwatering to pass up.

3. Interest rate cuts may be ahead, but Chicago banks felt the pinch

Banks whose portfolios were filled with low-rate loans suffered most as money coming in was lower than what many were offering to depositors.

4. Maple & Ash owners detail plans for new Florida restaurant

Chicago's highest-grossing restaurant is expanding south. The owners shared their vision on the latest episode of The Dining Table podcast.

5. Western Illinois University lays off more staff in second round of cuts

In an effort to close a $22 million budget deficit, the university announced today a second round of layoffs, which now total 124 faculty and staff positions since July.

6. Illinois now has blueprint for K-12 schools to teach dangers of overdose

Public health groups commend new guides, but they say there was a "lack of opportunities" for collaboration.

7. Johnson has an even bigger budget hole to plug: Crain's Daily Gist podcast

Mayor Brandon Johnson is facing a budget gap that could reach nearly $1 billion. Crain’s politics reporter Justin Laurence discusses the city’s plans with host Amy Guth.

8. Q&A: Gearing up for one of Chicago's most important conventions — and it's not the DNC

The International Manufacturing Technology Show, held every other year in late summer, is just around the corner — and draws more than 100,000 visitors from around the world. We talk with the organizers about what's in store.

9. Secure your spot in the next cohort of leaders shaping Chicago

Don't miss the opportunity to be a part of the Chicago Leadership Circle, a joint initiative of Crain's and the University of Chicago that supports execs in deepening their understanding of the economic and social issues affecting our region. Register by Aug. 16.

10. At $35M, lakefront Winnetka mansion is Chicago area's highest-priced home for sale

The asking price for an opulent 1920s mansion, lavishly restored and perched above more than 220 feet of private beach, outflanks everything else on the market by good measure.

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