Chicago Tribune BizWrap
August 31, 2016 View email in browser

Pay day: New United president walks away from American with $13 million package, gets nearly $6 million in new deal

New United Airlines President Scott Kirby’s move from competitor American Airlines didn’t bring a change in title but did bring a large payday.

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How a Chicago company made Gene Wilder’s most beloved movie role possible

Mourning actor Gene Wilder, remember there’s no “Willy Wonka & the Chocolate Factory” without Quaker Oats. The Chicago company financed beloved 1971 film.

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Joe Sutter, father of Boeing’s 747 jumbo jet, dies at 95

Joe Sutter, the Boeing engineer who ushered in the modern era of long-range travel by spearheading the 747 jumbo jet in the 1960s, has died. He was 95.

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Why Pope Francis may be meeting with so many tech CEOs

On Monday, the Bishop of Rome met with one of the high priests of Silicon Valley.

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Alere says Abbott suffering from ‘buyer’s remorse’ over deal

Alere Inc. accused Abbott Laboratories of seeking to scuttle the health-care companies’ $5.8 billion merger by failing to get antitrust clearance because of “buyer’s remorse,” according to a newly unsealed lawsuit.

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The tech behind the quest to end lost airline luggage

Delta Air Lines is investing $50 million to soothe one of air travel’s biggest headaches: lost and delayed luggage.

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Where do Fortune 500 CEOs come from? Harvard and Stanford, by far

Harvard and Stanford are the only schools to have given more than 10 degrees to current CEOs at Fortune 500 companies. No Illinois school was in the top 10.

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Tribune Media inks deal to sell Tribune Tower to developer

Los Angeles-based developer CIM Group has agreed to buy Tribune Tower for up to $240 million, marking the end of media ownership for the historic North Michigan Avenue building and the beginning of a new chapter.

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