Steve Grzanich has the business news of the day with the Wintrust Business Minute.
It’s going to cost more to complete a new global terminal at O’Hare Airport. The City of Chicago estimates the construction and related projects will cost $7.1 billion, up from $6.1 billion when the project was first announced. Crain’s reports the total cost of the larger O’Hare improvements, maintenance and related projects will come in at $12.1 billion up from the initial estimate of $8.5 billion.
Also, Rivian Automotive has canceled the least-expensive version of its electric pickup truck, effectively raising the price of its entry-level model. Listen for more below: