Ford's Chicago plant at 100: How long can it keep going?

Aug 9, 2024, 11:00 AM•crainalerts

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Morning 10

Friday, August 09, 2024

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1. At 100, Ford's Chicago plant has withstood recessions and a pandemic. Can it survive what's next?

Despite the automaker's on-again, off-again plans for EV development, major changes are coming to the way Americans drive. And that shift raises high-stakes questions.

2. Walgreens sells $750 million in its upsized first junk bond sale

The drug-store chain originally planned to sell $600 million in notes that are callable in 2026.

3. With new federal waiver, Illinois expanding Medicaid to nonmedical services

Illinoisans on Medicaid will soon be eligible for housing and nutrition assistance, violence prevention services and services to help them transition out of incarceration.

4. Shaken junk-bond investors get wise to refinancing risks, Northern Trust says

Eric Williams, head of capital structure and senior portfolio manager at the firm, talks what set off the financial maneuvers and what's next.

5. Amazon's new secret weapon for same-day delivery: the Kia Soul

Illinois will be one of the testing grounds where Amazon plans to deploy a fleet of the boxy little vehicle.

6. Velveeta jumps on cheese wheel pasta craze

If you want to try the "WheelVeeta," it's only available in one sports club.

7. Opinion: How we build is as important as what we build

The decisions we make now for the various megadevelopments being pitched across Chicago will have an indelible impact on the city's future. And we need to get it right, writes Kendra Freeman of the Metropolitan Planning Council.

8. Don't miss an enlightening talk on the business case for DEI

DEI has, in a few short years, gone from buzzword to flashpoint. Crain's is gathering a panel of thought leaders to explore the state of DEI initiatives now and what the future holds. Register by Sept. 17.

9. Letter to the Editor: Focusing on money ignores the critical role nonprofit hospitals play

A recent opinion piece's claims about hospitals' surpluses are designed to undermine the public’s trust of Illinois’ world-class health care system, the Illinois Health & Hospital Association's CEO writes.

10. Test your knowledge of this week's headlines with our latest quiz

See how your score stacks up against other Crain's readers.

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