crainalertsSep 23, 2024, 11:01 AM

Crime is down. Here's why it doesn't feel that way.

Having trouble viewing this email? See the online version Monday, September 23, 2024 A MESSAGE FROM WINTRUST Small businesses make up 28% of all financial fraud cases, often facing the steepest losses.

Having trouble viewing this email? See the online version

Monday, September 23, 2024

A MESSAGE FROM WINTRUST

Small businesses make up 28% of all financial fraud cases, often facing the steepest losses.

Educate your team on the latest threats and ensure your business stays financially secure.

Read our white paper to learn how anti-fraud tools can help before damage is done.

1. Crime is down, data shows. Here's why it doesn't feel that way.

In the Great Lakes region's biggest cities, including Chicago, crime stats don't fully capture what people believe to be their reality.

2. Brandon Johnson asks CPS CEO Pedro Martinez to leave, but he won’t go

Martinez is “taking it hard because he loves this job,” a source familiar with internal discussions told Chalkbeat.

3. Greg Hinz: Feuding, greed standing in way of Bears, Sox stadium deal

The Big Deal to keep both teams in the city is still there to be made in Springfield, but it will depend on whether two so-far dysfunctional relationships can somehow be made productive.

4. City announces first projects to receive financing through new bond proceeds plan

Affordable housing projects in West Garfield Park and the Near South Side are the first to receive financing from bond proceeds through the city's new $1.25B plan to subsidize development in disinvested areas.

5. White House picks Monroe Capital to develop $1 billion fund for auto suppliers

The fund will help smaller firms along the supply chain gain access to capital in what is an underserved market in finance, despite being a trillion-dollar industry, CEO Theodore Koenig said.

6. Assault weapons ban would have prevented 38 mass shootings, Northwestern study says

In the first analysis of its kind, Northwestern Medicine researchers modeled a "what if" scenario in which the federal ban on military-style weapons didn't expire in 2004.

7. New York investor picks up apartment tower near Millennium Park

A commercial real estate firm best known in Chicago as an office landlord has made its first apartment building acquisition in the city, a 26-story high-rise in the East Loop.

8. East Lake Shore Drive home of late Newt Minow sells for $1 million

Minow, who died in 2023, and his wife, Josephine, who is also deceased, lived in the co-op from the early 1990s, expanding it several years ago by adding part of the unit next door.

9. Dealmakers won't start buzzing here just yet: Crain's Daily Gist podcast

With the Federal Reserve lowering interest rates by a half percentage point, Crain’s finance reporter Mark Weinraub talks with host Amy Guth about the local implications of the move.

10. Calumet Fisheries maintains tradition amid change in aftermath of a fire

The Southeast Side seafood shack reopened in June after a fire in 2023. It's a local institution all Chicagoans should try, our food critic says.

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