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

Chicago’s Adler Planetarium has a new CEO. Elizabeth Babcock will replace Michelle Larson who had the job for more than a decade. Babcock was most recently director of the Smithsonian American Women’s History Museum in Washington. She’s a former vice president at Chicago’s Field Museum and earned her bachelor’s degree from Northwestern University. Her first day is October 6. The chair of the Adler board calls Babcock a nonprofit leader of national distinction, an accomplished fundraiser and a dedicated scientific educator.

Also, Rivian Automotive says it had a second-quarter net loss of $1.1 billion. Listen for more below.