Browsing: Business
Chicago’s Merz Apothecary celebrates 150 years as a family-run business, emphasizing its long-standing commitment to customer service. The historic store remains a beloved community fixture, blending tradition with personalized care.
Chicago plays a pivotal role in the fractured national quantum computing strategy, leveraging its research hubs and industry ties to bridge gaps and drive innovation amid fragmented federal efforts.
GTCR has acquired another software company, highlighting growing private-equity momentum in the sector, according to Crain’s Chicago Business. The move underscores continued investor confidence and deal activity.
Commentary in Crain’s Chicago Business highlights six key investments-local farms, supply chains, technology, education, policy support, and community engagement-as essential steps toward achieving true food sovereignty in the Midwest.
A meticulously restored Lincoln Park mansion has sold for $5.1 million, highlighting strong demand in Chicago’s luxury real estate market, according to Crain’s Chicago Business. The historic home blends classic charm with modern amenities.
Chicago small businesses are seeing a boost as visitors flock for the pope’s visit, dubbed the “pope economy.” Increased foot traffic and sales highlight the economic impact of major events on local commerce.
Chicago has selected six developers for a $39 million initiative to boost “Missing Middle” housing on the South Side, aiming to increase affordable, diverse residential options and address the city’s housing shortfall.
During National Small Business Week 2025, Milwaukee Avenue Corridor business owners voiced concerns over tariffs, urging Senators Durbin and Ramirez to address the economic impact on local shops. – ABC7 Chicago
Chicago saw a surge of new businesses in 2024, boosting the local economy. Experts predict continued growth in 2025, fueled by innovation and investment, solidifying the city’s role as a Midwest business hub.
A historic church on the West Loop’s edge, known for its stunning architecture and event hosting, has been listed for sale. The property offers unique opportunities amid Chicago’s vibrant real estate market.
A West suburban business school aims to fuel entrepreneurship by supporting startups in reaching million-dollar valuations, highlighting its commitment to regional economic growth and innovation, reports Crain’s Chicago Business.
Loyola University Chicago’s Business Honors Program offers a rigorous curriculum combining experiential learning and leadership development, preparing students for competitive careers in business and finance.
A developer has purchased a prime Gold Coast site for $39 million, signaling renewed investment in the area. The acquisition highlights growing interest in Chicago’s luxury real estate market, according to Crain’s Chicago Business.
These are the largest banks headquartered in the Chicago area, highlighting key players shaping the region’s financial landscape. Crain’s Chicago Business provides insights into their assets, reach, and market impact.
Chicago is redefining accessibility beyond compliance, focusing on inclusive design and equity. The city aims to create spaces that serve all residents, addressing barriers faced by marginalized communities.
As Illinois plans Medicaid cuts, rural hospitals face growing financial strain, risking closures and reduced access to care. The uncertain future raises concerns over healthcare for vulnerable communities.
Crain’s Chicago Business ranks the city’s largest architecture and engineering firms, highlighting industry leaders driving major urban projects. These companies shape Chicago’s skyline and infrastructure growth.
Northwestern University and the University of Chicago are named in a lawsuit alleging a price inflation conspiracy. The case accuses both institutions of colluding to drive up costs, impacting students financially.
State colleges are scaling back programs and services as state funding declines and operational costs rise, raising concerns about accessibility and quality of education, reports Crain’s Chicago Business.
Kim Kardashian’s SKIMS plans to open a second Chicago-area store in a suburban mall, expanding its retail footprint. The new location aims to offer the brand’s popular shapewear and loungewear collections to local shoppers.