John Russell –

United's stock has slipped after news broke that CEO Oscar Munoz got a heart transplant following a heart attack in October.

United CEO’s recovery from heart transplant likely to take months

June 9, 2018 at 5:00 a.m.

United Continental Holdings CEO Oscar Munoz is "currently recovering well" after his Wednesday heart transplant and is still expected to return from medical leave at the end of the first...

Feds seize $400,000 worth of dietary supplements from South Beloit company

June 9, 2018 at 4:57 a.m.

Federal authorities have seized nearly 90,000 bottles of dietary supplements containing a toxic ingredient called kratom from a natural products company in South Beloit, Ill. The Food and Drug Administration...

Another year of recall problems for Baxter

June 11, 2018 at 5:44 a.m.

Insects in intravenous solutions. Leaking containers. Missing port protectors. Baxter International, the Deerfield-based maker of hospital and renal products, continued to be dogged with product-quality issues in 2015 as it...

Prices of generic drugs rose steeper than inflation for 22 percent of the top-selling generics on the market, according to a recent report by the Department of Health and Human Services.

Generic drugs: A bargain or sticker shock?

June 11, 2018 at 6:58 a.m.

Generic drugs, normally a bargain alternative to name-brand pharmaceuticals, are providing some sticker shock of their own. Prices of generic drugs rose more steeply than inflation for 22 percent of...

Baxalta signs deal with Danish company, won’t comment on takeover by Shire

June 11, 2018 at 6:59 a.m.

Baxalta Inc. has agreed to pay up to $1.6 billion to Danish biotechnology firm Symphogen to help develop experimental cancer drugs, the latest step in Baxalta's aggressive push into oncology...

Gym, health and fitness clubs ring up about $30 billion a year, according to IBISWorld, a business research firm.

Go ahead, resolve to lose weight. These companies are counting on it.

June 16, 2018 at 7:31 a.m.

New year, new you. And for plenty of companies, a new chance to cash in on your New Year's resolutions. From weight-loss clinics to fitness clubs, the first quarter of...

E-commerce company eBay Inc. split off payments company PayPal into a separate, publicly traded company.
Value: $49.2 billion
Completed: July
Status: Completed

2015: A banner year for health care mergers and acquisitions

June 16, 2018 at 8:23 a.m.

Health care topped the list for biggest deals in a record-breaking year for mergers and acquisitions. Pharmaceutical companies, device makers and health insurers set a blistering pace throughout 2015, racking...

Attorney Evan Greebel, center, is brought out of 26 Federal Plaza by law enforcement officials after being arrested as a co-defendant with Turing Pharmaceutical CEO Martin Shkreli on charges of securities fraud Dec. 17, 2015, in New York City.

How 2015 became the year of prescription drug price outrage

June 16, 2018 at 9:04 a.m.

Prescription drug prices, always a hot-button issue, reached the boiling point this year after several small pharmaceutical companies bought the rights to established lifesaving drugs and jacked up prices by...

Teen births fell to a record low in the nation in 2014 and dropped sharply in Illinois too, a development that could save taxpayers millions of dollars in public assistance.

Taxpayers could save as teen births hit record low; Illinois ranks 25th

June 16, 2018 at 8:23 a.m.

Teen births fell to a record low in the nation last year and dropped sharply in Illinois too, a development that could save taxpayers millions of dollars in public assistance....

Dr. Steven J. Stack is an emergency room physician and president of the American Medical Association, based in Chicago.

Why the AMA president wants the government to back off

June 16, 2018 at 8:49 a.m.

As an emergency room physician, Dr. Steven J. Stack sees the bloody aftermath of shootings, car crashes and workplace accidents at his hospital in Lexington, Ky. His job is to...

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