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Chicagoland Business

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Sterigenics settling suits for $408M

Sterigenics announced Monday that a claims administrator will be appointed to distribute the money to as many as 870 people who had sued the Oak Brook, Illinois-based company.

Sterigenics settling suits for $408M
Chicagoland Business

Grilling company Weber to be taken private in $3.7B deal

Weber, based in Palatine, Illinois, went public in August 2021 at $14 a share. Shares, which were listed on the New York Stock Exchange under the “WEBR” ticker symbol, closed Friday at $6.50.

Grilling company Weber to be taken private in $3.7B deal
Business

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.

FAA: Construction can start on new O'Hare terminals
Chicagoland Business

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.

CVS, Walgreens announce opioid settlements totaling $10B
Business

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.

Attorneys General say Albertsons should delay $4B dividend
Chicagoland Business

Walgreens beats fiscal 4Q forecasts, absorbs UK business hit

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%.

Walgreens beats fiscal 4Q forecasts, absorbs UK business hit
Business

Tyson Foods consolidates corporate offices, leaves Chicago

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.

Tyson Foods consolidates corporate offices, leaves Chicago
Business

BP reaches $2.75M deal over Indiana refinery pollution

The agreement is the second in the past year between advocacy groups and BP involving the refinery on the southwestern Lake Michigan shoreline between Hammond, Indiana, and Chicago.

BP reaches $2.75M deal over Indiana refinery pollution
Business

Production resumes at Indiana refinery shutdown after fire

Regular production has resumed at a northwest Indiana refinery that was shut down last month following an electrical fire.

Production resumes at Indiana refinery shutdown after fire
Bears

Bears release initial renderings for enclosed suburban stadium

The Bears released conceptual illustrations Tuesday of the proposed stadium and entertainment complex that would be built on the site of a former horse racing track in Arlington Heights, Ill.

Bears release initial renderings for enclosed suburban stadium