Chicago Corporate Exodus Led to Lightfoot's Mayoral Loss

Surging crime and the exodus of major corporations, including Boeing, Caterpillar, Tyson Foods, Citadel and McDonald’s, led to the failed bid by Chicago Mayor Lori Lightfoot for reelection. Major high-end retailers have also fled Chicago’s Magnificent Mile and other popular shopping locations under Lightfoot’s watch. Magnificent Mile Migration Lightfoot was the first Windy City mayor in 40 years to lose reelection in Tuesday’s primary, after murders in Chicago reached a 25-year high in 2021, surpassing New York and Los Angeles. Voters’ rebuke of the first Black woman and first openly...