Our Scans · Chicago · Weekly Summary

• [New] Fox Weather warns of extreme heat affecting millions across the northern U.S., with temperatures expected to reach triple digits in major cities from Chicago to the East Coast. investing.com
• [New] Wheat for July delivery rose 3.1% to $5.42 3/4 a bushel on the Chicago Board of Trade on Friday, leading the way up for grain futures after the EPA released a proposal that was surprisingly more friendly for American vegetable oil producers than anticipated. Morningstar, Inc.
• With lower traffic density, there's less opportunity for accidents to occur compared to cities like Chicago or New York. Live Insurance News
• Should nuclear warfare erupt in Europe, New York City or Chicago would not immediately be at risk of devastation, but the risk is not zero and should surely give any president pause. Yahoo News
• IBM has set a target to build a 100,000-qubit quantum computer by 2033, in partnership with the University of Tokyo and the University of Chicago. Techspot
• Diverting freighters from routes like Shanghai to Chicago to serve South America could create gaps in other regions. BeeOnTrade
• Wheat for July delivery rose 0.7% to $5.35 a bushel on the Chicago Board of Trade on Tuesday, in response to analyst forecasts that the USDA will cut its outlook for wheat stocks domestically and internationally. Morningstar, Inc.
• Wheat for March delivery rose 1.9%, to $5.78 a bushel, on the Chicago Board of Trade on Tuesday, in response to climbing domestic prices for wheat in Russia, which is expected to lift export prices. Morningstar, Inc.
• Public transit systems in major cities including Chicago, Dallas and San Francisco face the potential of deep service cuts without more funding. Stateline
• In Illinois, Chicago-area transit agencies face a $730 million shortfall for fiscal 2026, and lawmakers will debate a plan that pairs additional funding with organizational reforms intended to save money - including consolidating the Chicago Transit Authority with other local transit agencies. The Pew Charitable Trusts
• Cities like Chicago and Los Angeles are testing AI tools that analyze crime data to forecast potential hotspots. Chuck Gallagher
• While the city of Chicago will not be holding elections, many major suburbs like Aurora and Waukegan will be, with voters choosing everything from community leadership to school boards and more. NBC Chicago
• Cuts to the Chicago office could eliminate positions needed to direct environmental justice grants to Michigan communities and imperil staffing at an agency still recovering from a loss of workers during the first Trump administration. Planet Detroit
• Advocates fear the plan to close shelters in January will increase homelessness, leaving many Chicago residents with unmet need for shelter. WTTW News
• Corn and soy futures prices turned lower at the Chicago Board of Trade after USDA updated its crop estimates, as traders anticipated lower production in Argentina. MarketScreener
• Air cargo: CMA CGM will strengthen its air cargo hub in Chicago by deploying five new Boeing 777 freighters, adding to its existing fleet of one A330 aircraft and three B777s. Logistics Viewpoints
• Police in Chicago and New York have used social media tracking to monitor gang conflicts and identify individuals at risk of committing or being victims of violence. AICompetence
• Researchers from the University of Chicago Medicine Comprehensive Cancer Centre, USA, demonstrated the potential of a novel treatment approach including immunotherapy to treat advanced human papillomavirus - negative head and neck squamous cell carcinoma. Oncology News Australia
• Larger fractions of lower-income households in Houston, Chicago, and Washington D.C. are situated in locations expecting intensified extremes beyond 100-year thresholds. Nature
• Avenue Development is preparing to open a community in Indianapolis, Indiana with plans for a 116-unit community near Chicago, Illinois by 2026. Retirement Community Living | We make selecting a retir
• The US Department of Defense and the State of Illinois will develop a national proving ground for quantum technologies in the Chicago region. HPCwire
• Strong 40-65 mph wind gusts will add to travel disruptions, causing power outages and delays at airports in Chicago, Detroit, Boston, and New York City. Prevue Meetings & Incentives
• A dozen 747 routes are scheduled to serve North America in 2025, including New York City, Newark, New Jersey, Boston, Washington, DC, Los Angeles, Miami, Chicago, San Francisco, Houston, Mexico City, and in Canada, Vancouver and Toronto. Business Insider

Last updated: 26 June 2025