crainalerts

Aug 15, 2024, 11:01 AM UTC

An earthquake is about to hit homebuying

Having trouble viewing this email? See the online version Morning 10 Thursday, August 15, 2024 Did someone forward this to you? Sign up for the Morning 10 here. A for-sale sign stands outside a Chicago

An earthquake is about to hit homebuying

Having trouble viewing this email? See the online version

Morning 10

Thursday, August 15, 2024

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

A for-sale sign stands outside a Chicago home

1. An earthquake is about to hit homebuying. Here's what to know.

The long-planned change in how we buy and sell homes takes effect this weekend.

 
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Riot Fest 2017 in Douglass Park

2. Riot Fest is back on at Douglass Park

After a dramatic turn in which the punk rock festival declared it was moving to Bridgeview, festival organizers announced it's returning to the city just one month before the show is set to begin. The Chicago Red Stars will get their home field back as well.

 
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Chicago Teachers Union President Stacy Davis Gates talks to reporters after a public bargaining session.

3. Chicago Public Schools says CTU proposals would lead to $4 billion deficit

The teachers union, for its part, made recommendations for raising more money to support the district, including increasing taxes on wealthy individuals and corporations, along with suing banks.

 
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Exterior of Zurich North America's headquarters in Schaumburg, Ill.

4. HR company eyes move to Zurich's Schaumburg HQ

ADP is nearing a deal to sublease about 150,000 square feet from the insurance giant in the northwest suburb, highlighting companies' appetite for new and updated workspace.

 
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draftkings

5. DraftKings drops plans to add surcharge in Illinois

The sports betting giant originally intended to add fees in high-tax states to make up for the higher levies.

 
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The Dining Table

6. The Dining Table podcast: Where Chicago's award-winning chefs eat

Some of Chicago's world-renowned chefs talk about their favorite restaurants in the city.

 
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The intensive care unit inside Roseland Community Hospital

7. Roseland Hospital is the latest local medical center hit by a cyberattack

Hackers accessed medical records and other sensitive information belonging to patients of the Far South Side hospital.

 
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Satter Hertel 5

8. The absolute top shelf of homes on the Chicago market: Crain's Daily Gist podcast

Crain’s residential real estate reporter Dennis Rodkin and host Amy Guth recap news from the local market, including the Chicago area's highest-priced home for sale — a $35 million lakefront Winnetka mansion.

 
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A view of downtown Chicago from the intersection of Lake and Michigan

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.

 
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Nichole Williamson, Rich Gamble, Christy George, J.B. Pritzker, Glenn Eden and John Roberson.

10. Chicago gets in the DNC mood with a kickoff party at the Hancock

The party, hosted by Choose Chicago, the Chicago 2024 DNC Host Committee, the city of Chicago and 360 Chicago, drew nearly 200 guests with many dressed in attire that showed off their civic pride. 

 
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