Founded in 1978 by Gloria Scoby, Crain's Chicago Business was established to provide in-depth news and analysis specifically tailored to the Chicago business community. Scoby, a seasoned journalist and businesswoman, recognized the need for a publication that could deliver comprehensive coverage of local business news, trends, and insights. Today, Crain's Chicago Business is still owned by Crain Communications, a family-owned company that operates numerous specialized media brands worldwide. Crain's Chicago Business focuses on a wide array of topics relevant to the Chicago business scene, including finance, real estate, healthcare, and technology. While it primarily covers business news, it also reports on political issues that affect the business environment and occasionally touches on major sports and entertainment developments, especially when these intersect with business interests. The publication is based in Chicago, Illinois, and is known for its authoritative reporting on the city's business dynamics. One interesting fact: Crain's Chicago Business is renowned for its annual "40 Under 40" list, which has been a staple feature since 1989. This list highlights 40 influential individuals under the age of 40 in the Chicago area who are making significant impacts in their respective fields. This feature has become a prestigious accolade in the local business community, spotlighting emerging leaders and innovators.