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Crain’s Headlines: U of I Endowment Soars to Record High
Crain’s Headlines: U of I Endowment Soars to Record High-June 2024
Jun 24, 2026 7:24 PM

After years of small success, the University of Illinoisposts a record-breaking endowment return. One of the largest tenants in the former John Hancock Center, SMS Assist,is moving out. And electric pickup maker Rivian, backed by Ford Motor Company,reveals a net loss of nearly $1 billionin its initial public offering paperwork.

Crain’s Chicago Business editor Ann Dwyer takes us behind the headlines.

Crain’s Headlines is a joint production between WTTW andCrain’s Chicago Business. It airs every Monday on the WTTW News program“Chicago Tonight.”

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