The Wintrust Business Lunch with John Williams from WGN Radio 720
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Segment 1: Faron Daugs, CFP, Founder and CEO, Harrison Wallace Financial Group, joins John to talk about why the market has been volatile since the election, what sectors of the market will do well under a new administration, how tariffs could impact the economy, the likelihood the Fed cuts rates again in December, and his market outlook for 2025. …
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Wintrust Business Minute: UChicago Medicine and Argonne National team up to use A.I. for drug-resistant cancer research
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Two Chicago area powerhouses in science and medicine are teaming up to use artificial intelligence to find new treatments for drug-resistant cancer. UChicago Medicine and Argonne National Laboratory will work together on the project. Researchers at University of Chic…
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Steve Grzanich has the business news of the day with the Wintrust Business Minute. Illinois saw an increase in corporate relocation and expansion this year. According to Intersect Illinois, the state saw a 15% increase in both in 2024. Intersect Illinois is the state’s public-private economic development partnership. Illinois had 440 projects on th…
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Segment 1: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, talks to John about the current market run, why today’s pullback is healthy, what concerns him moving forward, prices continuing to be high for basic necessities, when he sees costs finally coming down, and why he believes it’s a positive environment for the mark…
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Nationally syndicated financial columnist and author Terry Savage and very special guest Dr. Bob Froehlich, expert money manager and Chairman, Chief Executive Officer, President & Owner, Kane County Cougars Baseball Club, join John Williams to talk about Dr. Bob’s prediction in January 2024 that the Dow Jones would hit 44,000 by the end of the year…
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Steve Grzanich has the business news of the day with the Wintrust Business Minute. New research shows Atlanta is the top city destination for Black residents who’ve decided to move out of Chicago. Texas is the top state destination. The findings are included in a study by the University of Illinois Chicago Institute for Research on Race & Public Po…
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Segment 1: WGN Radio Business Reporter Steve Alexander gives an update on the top business stories of the day. Segment 2: Longtime Chicago radio veteran Harvey Wells, Founder, Lower Tech Bills, talks to John about how he helps customers lower their internet, cell phone, and television costs. Harvey talks about holiday scams, the best deals for Blac…
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Wintrust Business Lunch 11/11/24: Market euphoria, military money survey, Cradle to Crayon’s winter coat drive
Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John Williams to talk about why the markets are moving so well, why she believes this is an ‘owner’s economy,’ Tesla joining the 1 Trillion Club, and why we should be concerned about our public debt. Segment 2: Chip Lupo, Writer and Analyst, WalletHub, tells John the res…
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Steve Grzanich has the business news of the day with the Wintrust Business Minute. Shares of AbbVie have dropped sharply after disappointing trials for its drug to treat schizophrenia. The drug, emraclidine, failed to meet the primary goal of treating symptoms of the mental illness. The drug was part of two mid-stage trials which shows no statistic…
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Segment 1: Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins John Williams to talk about why the markets are continuing to rise, what he reminds investors when the market is high, the potential trade issues in 2025, his reaction to yesterday’s Fed decision, and the economic risks we need to watch moving forward. Segment 2: Kathy S…
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Steve Grzanich has the business news of the day with the Wintrust Business Minute. Chicago’s Molson Coors says its annual net sales will fall this year. The beverage company blames what it calls “a challenging consumer environment” in the U.S. It’s brands include Coors Light and Miller Lite. Molson Coors says its sales will fall about 1% this year …
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Steve Grzanich has the business news of the day with the Wintrust Business Minute. A new research center operated by the University of Illinois Chicago will study the public health impact of climate change and ways to intervene that are nature-based. The UIC Center for Climate Change & Health Equity is backed by funding from the federal government.…
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Segment 1: Jack Ablin, Chief Investment Officer, Cresset Capital, talks to John about how well the market has performed since the election, what’s driving the rally, his concern over President-elect Trump’s plan to impose tariffs, and his thoughts on the Fed’s plan for rate cuts. Segment 2: Bree Fowler, Senior Writer, CNET, joins John Williams to t…
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Segment 1: WGN Business reporter Steve Alexander talks to John about what’s causing the big market rally today. Segment 2: Tim Paradis, Future of Work correspondent, Business Insider, joins John Williams to talk about how AI is impacting the interview process. Segment 3: Brad Stephens, Mayor, Rosemont, joins John Williams to talk about the annual C…
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Wintrust Business Lunch 11/5/24: AI hiring, post-election office politics, Chicago home sales slowing
Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about prevalence of AI in the workplace and how AI is being used in hiring. Segment 2: Philippe Weiss, President, Seyfarth at Work, joins John to talk about how companies can best navigate the workplace away from choppy post-election waters. Segment 3: Dennis Rodki…
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Steve Grzanich has the business news of the day with the Wintrust Business Minute. Guests at some Chicago hotels may soon have to pay an additional 1.5% surcharge that would help fund the activities of the city’s promotional arm, Choose Chicago. It would encompass what’s being called a “tourism improvement district” that would include hotels in Chi…
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Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John Williams to talk about how much the market has gone up the last few months, why Warren Buffett is continuing his stock-selling spree, first-time homebuyers shrinking to a historic low, and how much homeowners insurance differs between red and blue states. Segment 2:…
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Steve Grzanich has the business news of the day with the Wintrust Business Minute. A Chicago-based biotech startup has had one of the largest funding rounds for a local company so far this year. Pathos AI raised $62 million in a Series C round. The cash haul brings its valuation to $600 million. Pathos AI is a clinical-stage biotech company focused…
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Segment 1: Jane Oates, Senior Policy Advisor and recent President, WorkingNation, talks to John Williams to break down the disappointing labor report, how sensitive the labor market is to economic uncertainties, the markets being disassociated with the data, and if this jobs number will impact Fed policy, Segment 2: Jake Stotter, Vice President, Fe…
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Steve Grzanich has the business news of the day with the Wintrust Business Minute. A $75 million donation from the AbbVie Foundation will help University of Chicago Medicine build its new cancer hospital on Chicago’s south side. The new building will be called the AbbVie Foundation Center Cancer Pavilion and has a completion date in 2027. The frees…
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Wintrust Business Lunch 10/31/24: Microsoft earnings, economic impact of tariffs, McDonald’s in Monee
Segment 1: Darren Freihage, McDonald’s Owner Operator in Monee, joins John Williams to talk about how long he has been a McDonald’s Owner Operator, being a third generation McDonald’s worker, how business has been going, the McDonald’s brand being good to their family, some of the new products currently being offered, the addition of Krispy Kreme d…
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Steve Grzanich has the business news of the day with the Wintrust Business Minute. You may be seeing some changes with signage soon in Chicago. A city council committee has approved amended regulations for signs along several shopping corridors, including Michigan Avenue, State Street and Wabash Avenue. The proposal will expand the sizes and types …
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Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about what you need to know about Medicare Part D, her thoughts on Vice President Kamala Harris’ proposal for Medicare to cover long-term-care services at home, why gold is at an all-time high, and to answer all of your financial questions. https://serve.c…
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Wintrust Business Lunch 10/29/24: Bears and business, consumer confidence rises, beauty entrepreneur Bobbi Brown
Segment 1: Tom Gimbel, job expert and founder of the LaSalle Network, joins John Williams to talk about the Bears crushing loss and how it relates to business success or failure. Tom also talks about what you can do to find more happiness at work. Segment 2: Tom Fortino, Founder and Principal, Alpha Wealth Group, and host of “This Week in Wealth” o…
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Steve Grzanich has the business news of the day with the Wintrust Business Minute. Voortman Steel is breaking ground today for its first U.S.-based manufacturing and assembly plant and office. It’s located in Monee on 27 acres and includes a 100,000 square foot fabrication shop and 20,000 square feet of office space. It’s located at 25715 S Ridgela…
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Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John Williams to talk about how Airbnb and VRBO’s are impacting housing costs, how much people are spending on Halloween in 2024, and Target lowering the price of its Thanksgiving meal bundle. Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collabora…
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Steve Grzanich has the business news of the day with the Wintrust Business Minute. North Chicago-based AbbVie is buying Aliada Therapeutics for $1.4 billion. It’ll give AbbVie access to Aliada’s Alzheimer’s disease candidate. AbbVie has been making moves to bolster its neuroscience focus. It bought neuroscience and cancer drug developers earlier th…
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Wintrust Business Lunch 10/25/24: Nasdaq record, Cable Communications, Inc., Tievoli Pizza Bar in Palatine
Segment 1: Jason Turner, Chief Investment Strategist for Wintrust Wealth Management, chats with John about the market performance this week, the market starting to broaden out, what might happen in a post-election economy, consumer sentiment rising, why the Fed’s upcoming decision on interest rates will be so important, and his concern about inflat…
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Steve Grzanich has the business news of the day with the Wintrust Business Minute. Chicago-based True Value says nearly half of its workforce could be laid off if its acquisition by Do It Best falls through. The company has filed a notice with the State of Illinois that says 900 employees will be laid off at its office in Chicago. The location is h…
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Segment 1: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, talks to John about market volatility, where the markets could be after the election, the importance of balance when building your portfolio, and how many Fed rate cuts does he expect before the end of the year. Segment 2: Bree Fowler, Senior Writer, CNET, joins …
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Ryan Burrow has the business news of the day with the Wintrust Business Minute. Google is putting its fifth U.S. brick and mortar retail store into the Oakbrook Center. Google Store Oakbrook will open next month. Similar to the Apple store, it will feature products shoppers can test and buy, including phones, watches, tablets, FitBit Trackers, and …
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Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about the limits of Medicare Advantage plans and what you need to know about changes to Medicare drug plans. Terry also answers all of your Medicare and financial questions. https://serve.castfire.com/audio/7003302/7003302_2024-10-23-213302.128.mp3 More wi…
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Dave Schwan has the business news of the day with the Wintrust Business Minute. Two businesses that closed their doors will reopen soon. Bed Bath & Beyond, which closed last year, will open physical stores again, in collaboration with Overstock and The Container Store. Also, Toys ‘R’ Us will open a new store at the Harlem Irving Plaza mall in Norri…
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Steve Grzanich has the business news of the day with the Wintrust Business Minute. Consolidation of branches is underway at Huntington Bank. Crain’s reports six Huntington branches are being shut down in the Chicago area, including two in Chicago, one in Arlington Heights, one in Oak Lawn and one in Lombard. The bank says it’s consolidating operati…
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Segment 1: Tom Gimbel, job expert and founder of the LaSalle Network, joins John Williams to talk about 3M dialing back their remote work policy. Segment 2: Emily Stewart, Senior Correspondent, Business Insider, tells John about The Boomer Crush Avalanche. Emily explains how millennials and Gen X’ers are trying to figure out what to do with their p…
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Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins Wendy Snyder to talk break down the Federal Reserve Bank’s wealth survey. Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells Wendy about a cannabis firm raising $7M to double down on its Illinois growth, Foxtrot continuing its reope…
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Steve Grzanich has the business news of the day with the Wintrust Business Minute. There’s a report that that University of Illinois is abandoning plans to build a research and teaching facility at the proposed site of The 78 in the South Loop. Crain’s reports the school will split the $285 million dollar project into two parts, locating some of it…
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Segment 1: Phillip Shaw, CFP, Senior Advisor, Goldstone Financial Group, tells John about the market continuing to rise, what the limit is for the bull market, the strong economic data coming out, what might cause this bull run to end, if he believes any sectors are overvalued, and if there will be any economic impact after the presidential electio…
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Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about what you should do to earn respect at work. Segment 2: Bree Fowler, Senior Writer, CNET, joins John Williams to talk about the Federal Trade Commission adopting a rule that will require businesses to make it easy for consumers to cancel unwanted subscriptions…
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Wintrust Business Minute: Medline announces partnership with Microsoft for new artificial intelligence tool
Steve Grzanich has the business news of the day with the Wintrust Business Minute. Northfield-based Medline will use artificial intelligence to improve the resiliency of the health care supply chain. The company has announced a partnership with Microsoft and will use a new tool called Mpower. According to Crain’s, it’ll analyze customer and supplie…
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Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about what every senior needs to know about Medicare. Terry explains what has changed about Medicare enrollment and answers all of your Medicare questions. https://serve.castfire.com/audio/6992906/6992906_2024-10-16-213706.128.mp3 More with Terry Savage Re…
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Steve Grzanich has the business news of the day with the Wintrust Business Minute. Abbott Laboratories is launching a $7 billion stock buyback program. The North Chicago-based company made the announcement as it reported 3rd quarter earnings. The stock buyback was approved earlier this month by Abbott’s board of directors. The company says sales ro…
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Segment 1: Craig Bolanos, Co-Founder and CEO of Wealth Management Group, joins John Williams to talk about the ‘magnificent’ bull market, how long he thinks this bull market might continue, his thoughts on Walgreens closing stores, the changing retail behavior, and crude oil prices settling down. Segment 2: Dennis Rodkin, residential real estate re…
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Steve Grzanich has the business news of the day with the Wintrust Business Minute. Another Magnificent Mile office building could be converted into apartments if the City of Chicago gives approval. A Connecticut developer wants to transform the building at 500 N. Michigan with a plan that would more than 300 apartments to the 24-story building. The…
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Segment 1: Ilyce Glink, owner of Think Glink Media and Best Money Moves, joins John to talk about how well the markets have been performing this year, the S&P hitting another record today, the economic impact of Hurricane Helene and Hurricane Milton, Segment 2: Stephen Fluhr, Senior Vice President of Development for Unibail-Rodamco-Westfield, tells…
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Segment 1: Faron Daugs, CFP, Founder and CEO, Harrison Wallace Financial Group, joins John to talk about what the Producer Price Index data means for the consumer, inflation remaining sticky, how recent hurricanes will impact the economy, the market continuing to reach record highs, if he believes the market is overvalued, and the disconnect betwee…
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Steve Grzanich has the business news of the day with the Wintrust Business Minute. Northern Illinois University in DeKalb has announced the largest gift in its history. It’ll fund a new $87 million health care and technology-focused hub for students in multiple disciplines. The Baustert Family Foundation has gifted $40 million to NIU. The health te…
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Segment 1: Jack Ablin, Chief Investment Officer, Cresset Capital, talks to John about today’s CPI data, if the inflation data is good news or bad news, why most consumers root for an aggressive Fed, and what recent labor and inflation data means for Fed policy and interest rates. Segment 2: Bree Fowler, Senior Writer, CNET, joins John Williams to t…
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Steve Grzanich has the business news of the day with the Wintrust Business Minute. Deerfield-based Baxter International says Hurricane Helene could cause a shortage of IV fluids that could last months. The company says its largest manufacturing plant in North Carolina was hard hit last month by the storm. It could take until the end of the year to …
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Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about Kamala Harris proposing that Medicare cover long-term care at home, the stock market continuing to reach record highs, and the economic impact of recent hurricanes. Terry also answers all of your financial questions. https://serve.castfire.com/audio/…
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