The Business Section of the Chicago Journal.
Business
The FAA also said its inspectors — and not Boeing employees — will continue to be responsible for issuing final safety certificates for all new Boeing 737 Max and 787 jets rolling off the company assembly lines.
Chicago Business
An existing McDonald's licensee, Alexander Govor, who operates 25 restaurants in Siberia, has agreed to buy McDonald’s 850 Russian restaurants and operate them under a new name, the Chicago burger giant said Thursday.
Business
The Chicago burger giant confirmed Monday that it is selling its 850 restaurants in Russia. McDonald's said it will seek a buyer who will employ its 62,000 workers in Russia, and will continue to pay those workers until the deal closes.
Chicago Business
The publication was on track to be sold to the new nonprofit last year until the November printing of defense attorney Leonard Goodman’s column headlined “Vaxxing our kids" prompted allegations of misinformation and censorship.
Chicago Business
The tentative deal at United contrasts with increasing tension between pilots and management at American, Southwest, and Alaska. Pilots, whose numbers were cut through buyouts and early retirement after the pandemic hit, say they are overworked, and they are demanding sizable pay increases.
Chicago Business
Constraints due to COVID-19 disruptions and stockpiling is obvious but the situation changed for the worse in February when Chicago-based Abbott Nutrition had to recall several major brands due to an as yet unknown bacterial infection, for which the FDA has been slow to respond.
Business
The company moved its headquarters to Chicago in 2001 after an unusually public search. A move to Arlington, VA, would put Boeing executives close to officials for their key customer, the Pentagon, and the FAA, which certifies Boeing passenger planes.
Business
Walgreens, based in Deerfield, Illinois, said in a statement the company did not admit wrongdoing in the deal, during which $620 million will be paid to the state over 18 years and a one-time sum of $63 million for attorney fees.
Illinois Business
Last week, the federal Occupational Safety and Health Administration sent a "Hazard Alert Letter” to the Seattle-based e-commerce giant saying that it had met minimal federal safety guidelines for storm sheltering and would not face any fines or penalties.
Business
The bipartisan group of governors from Iowa, Illinois, Kansas, Minnesota, Nebraska, North Dakota, South Dakota and Wisconsin sent a joint letter to EPA Administrator Michael Reagan formally requesting the waiver.
Chicago Business
The Chicago burger giant said U.S. prices were up 8% in the first quarter compared to the same period last year as the company struggled with inflation. Still, revenue rose 11% to $5.66 billion in the January-March period, topping Wall Street expectations.
Chicagoland Business
The company announced its initial plan for the DeKalb data center in June 2020, proposing an $800 million project with about 100 operational jobs. The expansion brings the total project cost to more than $1 billion and 200 operational jobs.