Morning 10

Tuesday, October 29, 2024

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1. Community activists aren't sold on quantum park's promises just yet

Residents and groups are urging officials to slow down as the city prepares to sign off on incentive and zoning matters for redeveloping the former U.S. Steel South Works site.

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2. Johnson budget will rely on property tax increase to avoid a fight with labor

Mayor Brandon Johnson is backing off forcing layoffs or asking the city's unions to negotiate personnel cuts in order to close a $982 million budget shortfall for next year.

3. A suburban Chicago supply firm beats Apple, Google on career growth

Lake Forest-based Grainger’s shares have trounced the S&P 500 benchmark in recent years, while a combination of recruiting practices, wages and training has lifted it to the top of the American Opportunity Index.

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4. Pepsi closes South Side plant without warning, leaving at least 79 workers without jobs

The move caught employees off guard as they reported to work early this morning to find the South Side plant closed, according to a local Teamsters unit.

5. Archdiocese selling historic home on the Obamas' block

The Catholic church is asking $1.4 million for the nine-bedroom house in what has been a fertile zone for the market in recent years.

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6. High stakes for McDonald's in E. coli response: Crain's Daily Gist podcast

Crain’s restaurants reporter Brandon Dupré talks with host Amy Guth about McDonald’s race to contain fallout from the recent E. coli outbreak.

7. How Coors Light turned its viral NFL moment into a campaign

The Molson Coors brand is pouncing on Russell Wilson’s on-field audible call while the iron is hot.

8. Opinion: Boeing's shareholders are complicit in its mess

The planemaker may be a protected company, but investors colluded in its poor strategic, financial and operational management.

9. Secure your spot for a celebration of Chicago's most innovative companies

Don't miss the opportunity to network with some of the key decision makers in Chicago's tech scene. Register by Nov. 11.

10. McDonald's can now fix its broken McFlurry machines

A federal copyright rule long prohibited franchisees from performing repairs themselves, but they can now break the digital locks on the ice cream equipment.