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	Podcast:		Wintrust Business Lunch
	Episode:		Wintrust Business Minute: Amazon replaces Walgreens on Dow Jones Industrial Average
	Category:		Business
	Duration:		00:00:00
	Publish Date:		2024-02-21 22:07:41
	Description:		Steve Grzanich has the business news of the day with the Wintrust Business Minute. Deerfield-based Walgreens is being replaced on the Dow Jones Industrial Average. The pharmacy chain will be replaced by Amazon effective Feb. 26. The change is set to happen prior to the start of trading next Monday. The addition of Amazon is a major milestone in the retailer’s continuing expansion but another setback for Walgreens, which has seen its value drop during the past year. The company did narrow its losses in the most recent quarter to $278 million from $3.8 billion a year ago. Walgreens has been a Dow component since 2018. Also, a company that makes cultivated meat is slowing its expansion and that means a project in Glenview is on hold for now. Listen for more below: Recent Posts Wintrust Business Lunch United Airlines opens flight training center in Denver Narrow market, Nvidia, financial state of Illinois Terry Savage: Credit card debt is worrying Amazon replaces Walgreens on Dow Jones Industrial Average Capital One to keep Discover brand after acquiring it Click for more
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