Wintrust Business Lunch 5/5/23: Hot jobs report, Sundays on State, yumwoof dog food

05/05/23 • -1 min

Segment 1: Mark Hamrick, Washington Bureau Chief and Senior Economic Analyst for Bankrate.com, joins John to break down today’s labor report. What do the numbers mean for the economy, markets and the likelihood we see a recession?

Segment 2: Kiana DiStasi, Chief Marketing & Communications Officer, Chicago Loop Alliance, tells John about their Sundays on State program and how they are currently seeking community involvement through a free application process that runs through May 19th.

Segment 3: Jaron Lukas, CEO, yumwoof, talks to John about their non-GMO dog food brand that helps dogs lead a healthier life and live longer. Jaron explains how their food stands out among the competition. Check out Jaron’s book, ‘The Canine Cocomega Effect’ here.

https://serve.castfire.com/audio/4117952/4117952_2023-05-05-204952.128.mp3

https://serve.castfire.com/audio/4117952/4117952_2023-05-05-204952.128.mp3

Previous Episode

Wintrust Business Minute: REI workers in Chicago have voted to unionize

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

There’s more union activity at a big retailer with a Chicago presence. REI workers have voted to unionize. Crain’s reports employees voted 41-8 in favor of the union. The group includes 60 workers in clothing sales, inventory and repair. They’ll be represented by the Retail, Wholesale & Department Store Union. They want better pay, benefits, and job security. The REI store in Chicago is the fourth location to unionize following stores in New York City, Berkeley and Cleveland. The company is based in Seattle.

Also, a union representing grocery store workers has come out against the merger between Albertson’s and Kroger. Listen for more below:

https://serve.castfire.com/audio/4117935/4117935_2023-05-05-194335.64kmono.mp3

Next Episode

Wintrust Business Minute: Rivian sees production and delivery drop in first quarter

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

Electric vehicle maker Rivian, with a plant in downstate Normal, saw production and delivery drop in the first quarter. The company delivered 7,946 vehicles compared to 8,054 in fourth-quarter 2022. Rivian reports quarterly earnings Tuesday and is expected to show a net loss. The company’s expected to ramp up production moving forward while cutting costs. The net loss is blamed on factory downtime while upgrading its commercial van assembly line.

Also, Deerfield-based Baxter International is selling its biopharma solutions business to two private equity firms.

https://serve.castfire.com/audio/4118580/4118580_2023-05-08-183920.64kmono.mp3