Regulators have asked Hillshire Brands and Tyson Foods for additional information about their proposed $8.5 billion merger.
Alexian Brothers Health System and Loyola University Health System plan to cooperate to expand pediatric services, including recruiting and sharing some specialists.
Amazon is taking direct aim at mobile payment systems such as Square by introducing the Amazon Local Register, a credit-card processing device and mobile app designed to help small business owners accept payments through their smartphones and tablets.
Adam Piotrowski got stuck when he tried to start a medical device company here three years ago.
“I knew Chicago was a great place to start a business, but it was hard to find a place to be based where I could develop and set up prototypes, work with a variety of resources nearby and get in touch with all of the people I needed to,” the Oak Park native said.
Boeing Co. and Sikorsky Aircraft Corp. have been selected to build a next-generation helicopter for the U.S. Army.
Chicago-based Packback, a pay-as-you-go digital textbook rental service, has closed on a $1 million seed round of funding to build out its technology platform and expand to more college campuses nationwide. The company, at 330 N. Wabash, expects to hire two more software developers by year’s end, bringing the workforce to nine, co-founder Mike Shannon
Wal-Mart and other traditional retailers increasingly are using a nimbler approach to innovating that Silicon Valley startups are known for. Rather than perfecting a program before rolling it out — as most retailers do — they’re doing more testing and refining as they go along.