Chicago CEOs Raise $100 Million to Fight Crime After Bloody Days

Chicago business leaders, wealthy families and philanthropic organizations have raised $100 million to help fight crime, an announcement that comes days after a violent holiday weekend.

Donors including McDonald’s Corp., Allstate Foundation, Ulta Beauty Inc. and the Crown family reached a goal of providing half of the $200 million that’s required for an initiative to reduce gun violence. The group, led by the Civic Committee of the Commercial Club of Chicago, said it plans to raise millions more for other pillars of the group’s public safety plan, which includes community investments and jobs.

The news comes after ...