crainalertsJun 25, 2024, 11:01 AM

Ed Burke gets two years in prison

Having trouble viewing this email? See the online version Morning 10 Tuesday, June 25, 2024 Did someone forward this to you? Sign up for the Morning 10 here. Ed Burke 1. Ed Burke sentenced to 24 months

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Morning 10

Tuesday, June 25, 2024

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

1. Ed Burke sentenced to 24 months in prison

The sentence was far lighter than what the former alderman could have received, and less than what some had expected.

2. Car sellers warn investors of possible financial hit from CDK cyberattack

Some of the largest retailers are warning of a potential “material” impact to their finances from a hit that has slowed operations at thousands of stores.

3. Thoma Bravo is exploring a sale of Canadian auto marketplace Trader

The deliberations are ongoing, and sources say the Chicago-based private equity firm could still opt to keep the company.

4. Cava sets opening date for second Illinois location — this time in the northern suburbs

The popular Mediterranean fast-casual chain is rapidly expanding its Midwest presence.

5. Chronic absenteeism, a worrying metric for schools, hinders academic recovery

CPS tries different approaches to improve student attendance.

6. Jump Trading's crypto chief is stepping down

Kanav Kariya's departure follows a difficult two years that saw both Kariya and the firm at the center of one of crypto’s largest collapses.

7. Iowa hemp drink makers sue state over new THC limits

Two companies allege the new law violates the U.S. Constitution and will render about 80% of their current inventory illegal overnight.

8. Opinion: How to turbocharge the Loop's growth through smart planning

The neighborhood, known for its ability to reinvent itself, is writing a new chapter as a residential area, writes Ronan O'Callaghan of Strong Towns Chicago.

9. Supreme Court rejects challenge to $2.67B Blue Cross settlement

The court denied a request by employer groups to revise how funds from a 2022 antitrust case will be distributed.

10. Blackhawks great Jonathan Toews selling Lincoln Park condo

The Chicago Tribune reports the three-time Stanley Cup winner is asking $4.7 million for the Orleans Street condo.

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