The Business Section of the Chicago Journal.
Business
Earlier this week, a collection of Attorneys General from California, Illinois, and D.C. asked the parent companies of regional grocery chains Jewel-Osco and Mariano's to delay their merger until they can complete a review. Today, they're suing.
Chicagoland Business
Two of the largest U.S. pharmacy chains, CVS Health and Walgreen Co., announced agreements in principle Wednesday to pay about $5 billion each to settle lawsuits nationwide over the toll of opioids, and a lawyer said Walmart is in discussions for a deal.
Business
The deal would have given pilots raises of nearly 15% over 18 months, according to the union. The Air Line Pilots Association said Tuesday that 94% of the nearly 10,000 United pilots who took part voted against United's most recent contract offer.
Business
A bipartisan group of attorneys general is asking Albertsons to delay a $4 billion payout to its shareholders until they can complete a review of Kroger's planned acquisition of the grocery chain.
Business
U.S. inflation jumped 8.2% in September from a year ago, the government reported this month. Given the industry’s reliance on disposable income, the inflation numbers are a troubling sign for sports business leaders.
Business
Higher prices and general unease about the economy didn't keep customers away from McDonald's in the third quarter, with the burger giant reporting a stronger-than-expected sales and profits.
Business
United Airlines earned $942 million in the third quarter as vacationers paid higher fares and packed planes over the summer, and the airline offered an upbeat forecast of late-year earnings.
Chicagoland Business
Shares of Deerfield, Illinois-based Walgreens climbed more than 2% to $32.77 in Thursday morning trading while the Dow Jones Industrial Average fell over 1%.
Business
Buoyed by full planes across the Atlantic this summer, United Airlines is planning another increase in its summer service from the United States to Europe next year.
Business
The Chicago Department of Aviation said in a statement that websites for O’Hare International and Midway airports went offline early Monday but that no airport operations were affected.
Business
One of the world's largest meat producers said Wednesday that corporate staff at its Chicago and Downers Grove, Illinois, locations and Dakota Dunes, South Dakota, office will begin relocating early next year.
Illinois Business
Rivian, which also has a plant in Normal, Illinois, had hoped to break ground as early as this summer and begin production in 2024.