Robert Reed – Page 21

Backers of the Proposition 61 measure rally Sept. 19, 2016, in downtown Los Angeles. Proposition 61 would prohibit state agencies from paying more for prescription drugs than the U.S. Deptartment of Veterans Affairs does. Drugmakers, including some Illinois-based companies, are spending heavily in an attempt to defeat the measure.

Drug price control? AbbVie, Takeda, Astellas vote ‘no’ with their millions

May 23, 2019 at 3:33 p.m.

Three of the area's largest pharmaceutical companies are in the thick of an intense California-based battle over rising drug costs, a fight that could spread to Illinois and other states....

Ronald McDonald clowns around Apriil 22, 2016, at a youth basketball game in Olympia Fields. McDonald's recently has put its clown mascot on a bit of a commercial hiatus as a rash of creepy clown sightings have made headlines.

When trouble hits, company reputations can suffer

August 21, 2019 at 8:36 p.m.

So it's come to this: McDonald's is benching the Ronald. As the Tribune recently reported, clown mascot Ronald McDonald is on a commercial hiatus, the result of a company effort...

Corn is loaded into a semitrailer in March to be taken to grain elevators in nearby Nauvoo, Ill. Agriculture experts say Illinois could provide up to 15 percent of Cuba's corn and soybean imports if given a free exporting hand.

Illinois business: Let’s make a Cuba trade deal

August 21, 2019 at 8:34 p.m.

The Obama administration's decision last week to again loosen trade restrictions between the U.S. and Cuba means it will soon be easier to enjoy a fine Cuban cigar and savor...

Chicago Cub fans gather outside Wrigley Field to celebrate the Cubs clinching Game 4 of the NLDS.

Meet the Ohio resident who quit his law firm job to run a Cubs blog

May 23, 2019 at 3:33 p.m.

Hey, die-hard Chicago Cubs fans, here's a question: Would you give up a budding professional career, spend a personal fortune and commit years of your life to develop a risky...

Lyft driver Michael O'Connor waits at an official ride-sharing pickup zone at Chicago's Navy Pier in June 2016.

Court’s ruling on gig economy regulations is a warning for old-line business

June 9, 2018 at 11:14 a.m.

A recent federal appellate court ruling that favored ride-sharing firms like Uber and Lyft over the Chicago taxi industry also carried a powerful message to business: older companies beware! The...

A sign for a Auto Title Loans store in Madison, Wis.

There’s high interest in cracking down on payday lending — and pushback, too

May 23, 2019 at 3:33 p.m.

If you never had to take out a payday loan, then consider yourself lucky. Unfortunately, many folks are forced to tap this credit option, which is marketed as a short-term...

Ailing Sears is a test of CEO Lampert’s survival instinct

May 23, 2019 at 3:33 p.m.

The holiday buying season is approaching and with it comes a package of questions about the fate of Sears, Kmart and company CEO Edward Lampert. Financial and retail experts have...

Southwest is among a number of major airlines to suffer computer malfunctions recently.

Airlines’ outdated tech portends turbulence

June 9, 2018 at 1:23 p.m.

Besides being major domestic airlines that serve the Chicago market, what else do United, American, Southwest and Delta have in common? One troubling answer: In recent years, each has suffered...

The former site of Michael Reese Hospital in Bronzeville. The city is getting ready to accept proposals for the site, including, perhaps, a casino.

Chicago casino back in play? Why you shouldn’t bet on it

June 9, 2018 at 2:07 p.m.

Another round of Chicago casino roulette is underway as City Hall prepares to accept proposals to redevelop the former Michael Reese Hospital site on the South Side. That's spawned fresh...

IMF chief Christine Lagarde talks up global trade — and the Cubs

May 23, 2019 at 3:33 p.m.

Christine Lagarde, head of the International Monetary Fund and one of the world's most powerful financial leaders, enjoyed a bit of a homecoming during her visit Wednesday to the Chicago...

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