Chicago has signed a new contract with Ernst & Young to hunt for budget savings; procurement records show a multi‑million dollar ceiling as aldermen demand details. EY’s 2025 review flagged $530M–$1.4B in possible efficiencies.

Gencom and GD Holdings refinanced the St. Regis Chicago with a $125M loan from Banco Inbursa, replacing earlier acquisition debt and signaling stronger downtown demand.

A randomized Vera Institute evaluation of Chicago’s MIDA found detained immigrants with counsel were far more likely to win relief and to be released on bond.

Gerresheimer will close its Chicago Heights moulded‑glass plant and lay off 172 workers; the company says production will move to Italy and India under a global transformation plan.

Mayor Brandon Johnson nominated David Glockner, a former federal prosecutor and Exelon compliance chief, to be Chicago's next inspector general. Council confirmation is pending.

A Little Village man pleaded guilty in federal court after admitting he fired rounds near Border Patrol agents during Operation Midway Blitz. Sentencing is set for July 20.

MWRD declared an Overflow Action Day as storms threaten to push Chicago's sewer system toward capacity. Officials are urging residents to delay showers and limit household water use.

Police released surveillance stills after a woman was attacked and robbed on a Red Line train at Garfield; detectives are asking anyone with tips to call 312-745-4447.

Two Senate bills would give tenants the first chance to buy their apartment building before a sale, prompting industry pushback and legal questions.

A crash in the 3300 block of West Irving Park Road closed the roadway and left one driver critically injured. Police say the other vehicle fled and investigators have opened a probe.

IFM Investors launched an unsolicited takeover bid for Atlas Arteria, the Australian owner of the Chicago Skyway, offering A$4.75 a share that could rise under conditions.

HUD told real‑estate professionals on April 24 that they may lawfully discuss neighborhood crime rates and school quality with buyers, if the information is given consistently. The agency's FHEO letter says such conversations are not automatic violations of the Fair Housing Act.

A United Airlines transatlantic flight was diverted to Boston Logan after a passenger was restrained and taken into custody; the aircraft later continued to Chicago and police say the investigation is ongoing.