Restaurants favor Illinois limits on credit card swipe fees

Oct 14, 2024, 11:00 AM•crainalerts

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Monday, October 14, 2024

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1. Restaurants come out in favor of Illinois changes to credit card swipe fees

The Illinois Restaurant Association has sided with the state of Illinois and retailers in a high-profile lawsuit defending the new law against big banks.

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2. Distressed Rosemont office complex hits the market

The lender pursuing one of the largest foreclosures ever of a suburban Chicago office property is hunting for a buyer to help continue its recent leasing success.

3. Michelin-starred chef of Chicago’s Acadia hit with $4.5 million defamation verdict

A former employee of Michelin-starred chef Ryan McCaskey was awarded damages in a jury trial accusing the chef of online harassment and defamation.

4. Why Trump is planning events in Democratic strongholds like Chicago

The showy events may not guarantee the former president more votes in crucial swing states, but they do get him one thing.

5. Jury selection in Madigan trial drags into second week

The judge has warned the slow pace would delay the trial one week beyond its original 10-week schedule.

6. Boeing to cut workforce by 10% as strike eats into reserves

The reductions will include executives, managers and employees, CEO Kelly Ortberg said in a memo.

7. Medical glove maker that moved into Motorola's old Harvard plant inks $80M UAE deal

The contract to gear up an Emirati company comes one year after U.S. Medical Glove Company moved into the behemoth 1.8 million-square-foot industrial site.

8. Martinez's gambit to fund CPS: Crain's Daily Gist podcast

Crain’s politics reporter Justin Laurence talks with host Amy Guth on Pedro Martinez, who's locked in a power struggle with Mayor Brandon Johnson.

9. Opinion: What critics get wrong about this anti-gentrification ordinance

Equitable development leads to more housing units and greater housing affordability while minimizing displacement.

10. Gibsons teases details of new Fulton Market restaurant

The new location will be part tavern, part supper club.

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