United will end year on a hiring spree

Oct 8, 2024, 11:05 AM•crainalerts

Morning 10

Tuesday, October 8, 2024

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1. United Airlines is on pace to reach record employment

The Chicago-based carrier is continuing its post-pandemic hiring spree.

Subscribe today to explore top features like 40 Under 40 & Best Places to Work.

2. City Council members push back as Johnson appoints new CPS board

Several alderman are calling for increased scrutiny of the mayor's new appointees for the Chicago Board of Education, unveiled during a contentious press conference.

3. Hyzon in race against time as it revs up new hydrogen fuel cells in Bolingbrook

The company has a new product for semis. But it is now dealing with a familiar problem that other green-tech manufacturers have faced.

4. Shore Capital raises $1.9 billion for three investment funds

Justin Ishbia’s private-equity firm is looking to make nearly 40 platform deals — some well above its usual weight class.

5. A Rivian misstep triggered the parts shortage that's hobbling its EV output

Analysts were puzzled as to why the EV maker had to so drastically cut its 2024 production targets over yet another supply chain hiccup. Now they know.

6. Japanese medical device maker commits $20M to grow footprint around Chicago

On the first day of Gov. Pritzker's trade mission to Japan, Sysmex America says it plans to add more than 100 to its local headcount.

7. Oreo-maker Mondelez bets air fryers can make healthier doughnuts

The confectionery giant's corporate venture capital arm has taken a minority stake in Urban Legend, a doughnut company looking to "take the junk out of junk food."

8. Sheer scale of South Works quantum mega-project sets in: Crain's Daily Gist podcast

Plans for the quantum campus in South Chicago reveal a site more than four times bigger than Lincoln Yards.

9. Opinion: The city's $1.5B bond refinancing plan is a no-brainer. Here's why.

Despite what Susana Mendoza argues in a recent Crain's op-ed, this move is a good deal for the city by any metric, contends Chicago CFO Jill Jaworski.

10. McDonald's alleges major beef companies fixed prices in new lawsuit

The complaint accuses big-name beef companies, such as Tyson, of conspiring to artificially inflate prices.

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