07/08/20: 'A huge curveball' from Allstate

Analysts are puzzled by Allstate's move to buy New York-based insurer National General Holdings for $4 billion. Crain’s senior reporter Steve Daniels explains, and has more on which big Chicago companies received loans under the Paycheck Protection Program. Plus: Where America stands on the COVID-19 pandemic, United Airlines is warning 36,000 workers of possible layoffs, Walgreens plans to open hundreds of in-store doctor offices, NorthShore to buy Northwest Community Healthcare and Illinois pot sales hit a new high in June.