College Sports
The Big Ten announced it has reached seven-year agreements with Fox, CBS, and NBC to share the rights to conference football and basketball games. The deals go into effect in 2023 and eventually will allow the conference's soon-to-be 16 member universities to share more than $1 billion per year.
Business
A federal judge in Cleveland awarded $650 million in damages Wednesday to two Ohio counties that sued CVS, Walgreens, and Walmart over the way the national pharmacy chains distributed opioids to their communities.
College Sports
An announcement on a new set of deals that is expected to be worth more than $1 billion annually to the Big Ten is expected soon.
Business
The manufacturer on Tuesday posted a quarterly profit of $1.67 billion, or $3.13. Per share earnings were $3.18 without one-time costs or benefits, which is 18 cents better than Wall Street had expected, according to a survey of industry analysts by Zacks Investment Research.
Chicagoland News
There was a single $1.28B jackpot-winning ticket in the draw Friday night, and it was bought at a Speedway gas station and convenience store in suburban Des Plaines.
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.
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.
Chicagoland Business
The company employs 71,000 people at 260 sites worldwide and supplies markets including light vehicles, commercial trucks, motorsport, and the aftermarket.
Chicagoland Business
A steel company has agreed to pay $3 million and improve the wastewater system at an Indiana mill, more than two years after a discharge of ammonia and toxic chemicals killed fish and closed beaches.
Business
The indictment alleges that China-based Hytera Communications Corp., Ltd., recruited and hired Motorola Solutions employees and directed them to take proprietary and trade secret information from Motorola without authorization.
Chicagoland Business
For the three months ended Dec. 31, Caterpillar Inc. earned $3.91 per share. Stripping out certain items, earnings were $2.69 per share, far exceeding Wall Street's per-share expectations of $2.23.
Chicagoland Business
The company based in Palatine, Illinois, offered its condolences to Marvin Lee Aday's family and fans.