ParkWhiz, a Chicago-based discount-parking-spot finder, has raised $10 million from heavy-hitter investors so it can double its workforce and boost big-name partnerships to become a key part of the “smart car” future. Drivers can use ParkWhiz’s free app to find the cheapest parking in real time, download a mobile pass and wave their smartphone at
You probably wouldn’t bicycle from Chicago to St. Louis. But if you hop a flight there, you might someday find yourself sitting on a bicycle-style seat.
Pension adviser CTW Investment Group wants the Securities and Exchange Commission to investigate whether private meetings between top Walgreen executives and investors urging the Deerfield-based drugstore chain to move its headquarters overseas violated fair disclosure rules.
Morningstar Inc. will pay $61 million to settle an intellectual property lawsuit filed by Business Logic Holding Corp.
AbbVie Inc. is expected to announce Friday a $53 billion takeover of Shire Plc. The Financial Times says negotiations continue over a breakup fee in case AbbVie pulls out of the deal as political pressures build to limit so-called tax inversions.
Private-equity firm GTCR LLC has agreed to pay $480 million for Cole-Parmer Instrument Co., a Vernon Hills-based maker and distributor of specialty laboratory equipment.