Chicago Tribune BizWrap
August 29, 2016 View email in browser

Omnicom wins McDonald’s’ advertising account worth nearly $1 billion

McDonald’s has chosen a winner of its months-long advertising competition.

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Mylan launching cheaper generic EpiPen in wake of outcry over price hike

Mylan, under fire for pricing its EpiPen emergency allergy shots at $600, said it will introduce a generic version in coming weeks that will halve the price.

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Cycling apparel maker headed to ‘High Fidelity’ storefront this fall

British cycling apparel and accessories maker Rapha plans to open its third U.S. store at 1514 N. Milwaukee Ave. in October.

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FDA investigating high lead levels in Chinatown firm’s dietary supplements

The FDA is investigating cases of high lead levels that may be associated with a recalled Chinese herbal supplement sold by Chicago-based Ton Shen Health.

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Report: Chicago retail vacancy rate expected to hit 10-year low

The Chicago metro area retail vacancy rate is expected to drop to 7.7 percent this year, the lowest it’s been since late 2007.

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Pushing back retirement age to 70 would be harder on low-income workers

Solving Social Security funding problems by moving the retirement age to 70, has brought on charges of a new kind of inequality — “longevity inequality.”

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Trader Joe’s lawsuit against alleged Canadian knockoff ‘Pirate Joe’s’ moves forward

Trader Joe’s sued a store called Pirate Joe’s, which resells Trader Joe’s products in Canada.

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Truck carrying Takata inflators explodes in Texas, killing 1

A truck carrying Takata air bag inflators and a load of volatile ammonium nitrate crashed, caught fire and exploded in southern Texas last week, killing a woman.

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