Abbott Laboratories announced it will spin off its $8.5 billion nutrition business, home to Similac, Ensure and Pedialyte, into a separate publicly traded company by the end of 2027, with the new company's headquarters remaining in the Chicago area.
Business
Latest reporting from the Business desk.
Business
Joliet refinery woes push Lake County gas past $4.74
Repeated outages at the ExxonMobil refinery in Joliet and two other Midwest plant disruptions have driven Chicago-area gas prices well above the national average, with Lake County regular unleaded averaging $4.74 per gallon and diesel topping $6.50 statewide.
Business
Highland Park Hospital to carry Rush name in 12-hospital merger
Endeavor Health and Rush University System for Health announced plans to merge into a 12-hospital system, a deal that would rebrand Highland Park Hospital under the Rush name and bring $1 billion in new investment.
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