The FTC has dropped its bid for an injunction to block GTCR’s acquisition of Surmodics, clearing the way for the deal to proceed. The move marks a significant shift in the regulatory review of the transaction.
Browsing: Business
Chicago homeowners face historic property tax hikes as Loop loss fallout drives bills up, marking the largest increases in decades, reports Crain’s Chicago Business. The surge raises concerns over affordability and city budget impacts.
The Who’s Who unveiled their insights on Chicago’s business future at Crain’s Chicago Business event, highlighting innovation, resilience, and growth opportunities shaping the city’s economic landscape.
Crain’s Chicago Business unveils its latest “Who’s Who in Chicago Business,” spotlighting the city’s top leaders and emerging innovators driving growth across industries. The annual list highlights key influencers shaping Chicago’s economy.
A Chicago coffee shop and bar owner tells Business Insider that tariffs and economic uncertainty have forced hiring freezes, job cuts, and price hikes, highlighting challenges faced by local small businesses.
Chicago business leaders have voiced strong opposition to new taxes proposed in Mayor Johnson’s latest budget plan, warning that increased levies could hinder economic growth and investment in the city.
United for Chicago, a coalition of business, civic, and faith leaders, held a downtown event urging an end to immigration raids. The group calls for compassionate policies to protect immigrant communities. Report by ABC7 Chicago.
Local investors have acquired a distressed office building in Chicago’s River North neighborhood, signaling renewed confidence in the area’s commercial real estate market. The deal marks a notable shift amidst ongoing market challenges.
Veterans are stepping up to enhance community safety, leveraging their skills in leadership and crisis response. Their unique experience positions them as vital partners in making neighborhoods safer, Crain’s Chicago Business reports.
British luxury chocolatier Hotel Chocolat is set to open a flagship store on Chicago’s Magnificent Mile, bringing its premium sweets and cafes to the city’s bustling retail district later this year.
Some Chicago businesses report disruptions amid Trump’s immigration crackdown, citing labor shortages and increased anxiety among immigrant workers. The policy shift underscores challenges in key local industries.
Belmont Cragin business owners plead for support as fears of ICE raids devastate sales, threatening closures. Local shops face economic strain amid community anxiety, highlighting urgent calls for aid.
A Chicago-based retail team has left CBRE to join Savills, marking a significant shift in the local commercial real estate market, reports Crain’s Chicago Business. This move signals growing competition between firms.
TLC Management has sold a $31.5 million apartment portfolio spanning Chicago’s South and North Sides. The transaction highlights continued investor interest in the city’s multifamily housing market.
Manny’s Deli has stepped up to support SNAP recipients during the federal shutdown, offering free meals to those affected. The Chicago landmark aims to ease food insecurity as aid delays persist-highlighting community resilience amid crisis.
An Oregon-based investor is in advanced talks to acquire the Wacker Drive office tower, signaling a significant transaction in Chicago’s downtown real estate market, sources tell Crain’s Chicago Business.
Steve Rooney, a seasoned journalist at The Business Journals, delivers in-depth coverage on industry trends and economic developments, providing valuable insights for business professionals and entrepreneurs.
Kim Kardashian’s Skims is set to launch its first Chicago storefront in the Gold Coast retail corridor, marking a significant expansion for the shapewear brand in a prime shopping district.
A couple’s move from Utah to Illinois has boosted their careers significantly, though it comes with less access to nature. Their story highlights the trade-offs between professional growth and lifestyle.
Nixon Peabody’s “One Firm” culture fosters collaboration and transparency, strengthening trust with clients and colleagues. This unified approach enhances service quality and workplace cohesion, say leaders in Crain’s Chicago Business.