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 Nest Cameras.  It will be a pickup location for online orders, and will have staff on hand for customer service and trouble shooting and repairs.

Also, Milwaukee based Harley Davidson announced dismal third quarter earnings, which included a 10% drop off in retail sales in the U.S., and 13% fall in global sales in Q3 compared to last year.  Listen for more below:

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.

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 Norridge this Saturday.  It will feature the company’s mascot, Geoffrey the Giraffe.

Also, Target says they’re cutting prices on over 2,000 items ahead of the holiday season. Listen for more below:

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 operations of branches with locations less than three miles away. Huntington Bank purchased TCF Bank in 2021. It has about $10 billion in deposits in the Chicago area. The branch closures will happen in January. 

Also, snack food company Mondelez International based in Chicago is selling its stake in coffee brand JDE Peet’s. Listen for more below:

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 parents’ stuff.

Segment 3: Courtland Hickey, General Manager, Chicago Costume, tells John about the most popular Halloween costumes in Chicago this year.

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 reopening plans, and the latest fundings in Chicago showing that life science startups are leading the way.

Segment 3: Steven Schwartz, CEO, Whop, talks to Wendy about a platform that he created that empowers people to become internet entrepreneurs.

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 at the new quantum technology campus on the far south side and some of it in office space in downtown Chicago. Some construction work had already started on the site near 15th and Wells. The report says U-of-I wants to take advantage of the momentum surrounding quantum computing. The State of Illinois has committed $500 million to the site at the former U.S. Steel plant. The Illinois Quantum & Microelectronics Park hopes to attract companies and research institutions. 

Also, Northbrook-based Allstate has posted $630 million in catastrophe losses related to Hurricane Helene, and the costs are still being tabulated. Listen for more below:

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 election.

Segment 2: Angelica Acebedo, Owner, Magnifico Coffee Roasters, join John to talk about their coffee business in the Avondale neighborhood of Chicago, how long they have been up and running, how many family members are involved with the business, what you can get when you visit the shop, their wholesale business that they are starting to grow, where they get their coffee beans from, how they compete against other chains, the culture they instill with their staff, and how committed they are to the community.

Segment 3: Santiago Leon, Managing Partner in charge of Operations, Spearhead Hospitality, talks to John about their portfolio of businesses in Chicago, how they expanded during COVID, the challenge of staffing the properties that they manage, and the properties he is especially proud of.

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 and memberships, and the Biden administration providing up to $750 million in direct funding to North Carolina-based Wolfspeed to support the company’s new silicon carbide factory that makes the wafers used in advanced computer chips

Segment 3: John Manchester, CEO and Owner, Windy City Sweets, talks to John about how business is going this fall, the most popular products at the store, their gourmet chocolates, what they have for Halloween and the upcoming holiday season, and their new presidential cookies.

Segment 4:  Kara Demirjian Huss, Senior Vice President at TCCI Manufacturing, tells John about accompanying Governor Pritzker and other business leaders on a trade mission to Japan. Kara talks to John about the importance of the state of Illinois attending these trade missions, Japan being a top foreign investor in Illinois, what they hope to accomplish with Japan. Kara also explains why she’s optimistic about the EV market in general.

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 supplier data to make complicated inventory management more manageable and predictive. The partnership comes at a time when the medical supply chain has been stressed by recent hurricanes and resulting shortages. Medline says Mpower will smooth out bumps in supply chain and inventory management while lowering costs for customers. 

Also, Deere & Co. has announced a new round of layoffs as demand for farm equipment slows. Listen for more below: