Lake Forest Journal

Covering Lake Forest and the North Shore.

62°F
Lake Forest Journal

Covering Lake Forest and the North Shore.

Lake Forest Journal
62°F

Business

Latest reporting from the Business desk.

Business

Latest reporting from the Business desk.

Business

Latest reporting from the Business desk.

Abbott Labs pays $385 million in infant formula settlement

Abbott Laboratories, headquartered at Abbott Park in Lake County, will pay nearly $385 million to resolve federal and state allegations that it falsely certified the safety of powdered infant formula linked to bacterial contamination and infant deaths.

· 2 min read

Cans of Similac infant formula displayed on a grocery store shelf.

Lake County gas reaches $4.32 as Labor Day record looms

Lake Forest and Lake Bluff drivers face $4.32-per-gallon gas this Labor Day weekend as GasBuddy projects the most expensive holiday at the pump on record nationally.

· 2 min read

Close-up of a black gasoline pump nozzle held at a fuel station.

Lake Bluff OKs $6.9M deal to keep Zeigler, add Pagani

The Lake Bluff Village Board unanimously approved a 15-year, $6.9 million sales-tax rebate deal with Zeigler Auto Group to retain its Ferrari dealership and add a Pagani showroom at 990 North Shore Drive, while also updating the village's Affordable Housing Plan.

· 2 min read

Cans of Similac infant formula displayed on a grocery store shelf.

Abbott Labs pays $385 million in infant formula settlement

Abbott Laboratories, headquartered at Abbott Park in Lake County, will pay nearly $385 million to resolve federal and state allegations that it falsely certified the safety of powdered infant formula linked to bacterial contamination and infant deaths.

Cans of Similac infant formula displayed on a grocery store shelf.

Abbott Labs pays $385 million in infant formula settlement

Abbott Laboratories, headquartered at Abbott Park in Lake County, will pay nearly $385 million to resolve federal and state allegations that it falsely certified the safety of powdered infant formula linked to bacterial contamination and infant deaths.

More in Business

More in Business

More in Business

Lake Bluff board to vote Monday on automatic liquor license cuts

The Lake Bluff Village Board is set to give final approval Monday to an ordinance that would automatically reduce the village's liquor license count when a licensed establishment closes, while July 13 meeting minutes reveal the Police Pension Fund's funded ratio jumped 9.4 percentage points to 67.38%.

FDA clears Lake Forest firms as Baxter draws serious finding

Baxter Healthcare Corporation's Round Lake pharmaceutical plant received an "Official Action Indicated" result from the FDA in April, the agency's most serious inspection classification, while Lake Forest-based AbbVie and Elawa Farm Foundation both passed with clean marks.

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