Steve Grzanich has the business news of the day with the Wintrust Business Minute.
The CEO of United Airlines doesn’t see a recession coming, at least for the airline industry. John Kirby says the word ‘recession’ is not in his vocabulary because the Chicago-based airline has been setting records and doing well financially. Pressed on the issue, he says the Fed might induce a mild recession in other sectors.
Also, The Federal Trade Commission has asked for more information from Kroger and Albertsons about their $24.6 billion merger deal.