Steve Grzanich has the business news of the day with the Wintrust Business Minute.

There’s a new development in the fight over gates at O’Hare Airport. American Airlines is asking a court for an injunction to block the awarding of more gates to United Airlines. The City of Chicago is reallocating gates and United is poised to gain five gates. American will lose four gates. The city is reallocating gates under a provision in the lease agreement with the airlines that includes a use it or lose it provision. American claims the city breached the contract and is asking for an injunction to stop the process. If the changes go through, United will have about 42% of the space at O’Hare and American will have 30%.

Also, Chicago rent is among the most expensive in the U.S. Listen for more below:

Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about how to make yourself a valuable commodity at work.

Segment 2: Philippe Weiss, President, Seyfarth at Work, joins John to talk about how AI is enhancing human management habits.

Segment 3: Dennis Rodkin, residential real estate reporter for Crain’s, joins John to talk about the former homes of Michael Jordan and Scottie Pippen in Highland Park being on Airbnb, the latest on Pope Leo’s childhood home, a Chicago startup aiming to protect homebuyers from HOA surprises, and Cook County opening the first modular homes.

Steve Grzanich has the business news of the day with the Wintrust Business Minute.

There’s a new CEO at Deerfield’s Baxter International. Crain’s reports the company has appointed Andrew Hider as President, CEO and board member. He’s expected to start later this year. He’ll replace Brent Shafer who moves to independent chair of Baxter. He’s been serving as interim CEO following the abrupt retirement of the previous chief executive. Hider previously served as CEO of the Taylor Made Group. He began his career with General Electric.

Also, Canada Sports Betting has analyzed Trip Advisor reviews looking at the tourist hotspots with the most “crowded” tourist reviews in Illinois.

Segment 1: Ilyce Glink, owner of Think Glink Media and Chief Communications Officer and Chief Wellness Officer, Best Money Moves, joins John Williams to talk about extreme greed taking over the market, what’s in the Big Beautiful Bill, and some stats on the massive gig economy.

Segment 2: Jim Dallke, Director of Communications, TechNexus Venture Collaborative, tells John about Rivian sales struggling and their $1 billion agreement with Volkswagen, and Abbvie acquiring a biotech company for $2.1B, and Chicago-based Shore Capital Partners raising $450M for its food and beverage fund.

Segment 3: Mark Denzler, President and CEO, Illinois Manufacturers Association, tells John why he is urging Governor Pritzker to veto a bill that was pushed through the Illinois legislature that would have a negative impact on attracting businesses in Illinois. Mark explains what SB 328 is and why it would make Illinois a legal minefield.

Segment 1: Jack Ablin, Chief Investment Officer and Founding Partner, Cresset Capital, talks to John about the market powering back despite ongoing uncertainty, what’s behind the market hitting all-time highs, the complex bond market picture, and the U.S. dollar experiencing its worst first half since 1973.

Segment 2: Greg Glass, CEO, Fanstake, joins John to talk about their competitive NIL platform, how the platform works, and the changes across the NCAA landscape after the House settlement.

Segment 3: Jane Oates, Senior Policy Advisor and recent President at WorkingNation, joins John Williams to talk break down the latest data on today’s labor report.

Segment 4: James Lynch, Executive Director, The Art Center Highland Park, to tell John about Little Free Galleries, a new community outreach initiative that will bring mini galleries to all nine neighborhoods in Highland Park.

Don Kleppin has the business news of the day with the Wintrust Business Minute.

Illinois closed its fiscal year with a record $54 billion in revenue—$717 million over budget. Strong personal income tax growth led the gains, but officials warn federal cuts could pressure next year’s finances. Comptroller Mendoza added to the state’s rainy day fund and plans early pension payments.

Also, Chicago tech hub 1871 has found a temporary home with research firm Dscout after leaving The MART earlier this year. Listen for more below:

Ryan Burrow has the business news of the day with the Wintrust Business Minute.

The Chicago Sky have announced a partnership with Moonshot to become the first team in the WNBA to use national security technology to protect players from online hate, harassment and abuse.  Moonshot, which focuses on countering online threats, will remove concerning content, credible risks, and take actions to mitigate harm to avoid online abuse.  Moonshot says 92-percent of women in public life experience online abuse, 31-percent are sexually harassed online.

Video streaming service Netflix is reportedly talking with music streaming Spotify to partner on projects like live concerts and music awards show. Listen for more below

Nationally syndicated financial columnist and author Terry Savage joins John Williams to talk about what she likes and dislikes about President Trump’s tax bill, the market reaction to what’s in the bill, the weakness in housing and jobs data, and why now is a perfect time to reevaluate your 401(k). Terry also answers all of your financial questions.

Segment 1: Tom Gimbel, job expert and founder of LaSalle Network, joins John to talk about what you need to know if you want to grow as an employee, the financial situation in Chicago and what needs to be done to help the city become more safe, inclusive, and prosperous.

Segment 2: Steven Esposito, President of Yellowstone Wealth Management in Lake Forest, tells John why the market is hitting record highs, what sectors seem to be doing well, investors believing in the economy, Fed Chairman Jerome Powell saying tariffs are keeping interest rates steady, what will happen with tariffs, how much he thinks interest rates should be cut, and how an interest rate cut could impact the economy.

Segment 3: Rich Gentile, Founder, Santa for a Day, tells John about the mission of Santa for a Day, and everything we should know about their Christmas in July fundraiser coming up at SPACE in Evanston!

Steve Grzanich has the business news of the day with the Wintrust Business Minute.

A Chicago investor has bought the retail space at Tribune Tower. Crain’s reports North American Real Estate purchased the 47,000-square-foot space for an undisclosed price. Tribune Tower at 435 N. Michigan was redeveloped into high end condos in 2016, it used to be home to the newspaper’s editorial offices and WGN Radio. The report says North American Real Estate has purchased several properties on the retail corridors of Michigan Avenue and State Street. The firm says it’s had lots of interest from retailers who want a presence in those areas as downtown foot traffic recovers. The retail space at Tribune Tower is 36% leased. The Museum of Ice Cream is one of the occupants. 

Also, electric vehicle maker Rivian is laying off more than 100 salaried manufacturing employees.