Business
The Business Section of the Chicago Journal.
States settle with Google, iHeartMedia over misleading ads
The settlement bars Google from making misrepresentations in endorsements of its products for 20 years. Arizona, Georgia, Illinois, Massachusetts, New York, and Texas and the Federal Trade Commission were part of the settlements.
FAA: Construction can start on new O'Hare terminals
Construction can begin on new passenger terminals at Chicago's O'Hare International Airport following the completion of an environmental review, the Federal Aviation Administration said.
Illinois voters approve collective bargaining amendment
With its passage, Illinois is prohibited from becoming a right-to-work state. All employees under union contracts can be required to pay union dues, regardless of political or religious affiliation.
Solar farms in 3 states cited for environmental violations
A statement by the Justice Department and the Environmental Protection Agency said, in each case, the alleged companies failed to take steps to control runoff water.
State attorneys general sue to block Albertsons' $4B payout
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.
CVS, Walgreens announce opioid settlements totaling $10B
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.
United pilots reject contract offer as they push for raises
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.
Attorneys General say Albertsons should delay $4B dividend
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.
Inflation, gas prices looming over sports biz, concessions
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.
McDonald's Q3 sales boosted by higher prices, promotions
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.
