Chicago Tribune BizWrap
December 5, 2016 View email in browser

Food truck loses 4-year court battle over city regulations, vows to appeal

After a four-year long court battle, a Chicago food truck owner has failed in her effort to overturn what she calls “burdensome” and “damaging” rules governing mobile vendors in the city.

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U.S. Supreme Court to hear case over Advocate Health pensions

U.S. Supreme Court has agreed to hear a case over whether Advocate Health Care should have to follow a federal law designed to protect employee pensions.

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Tyson launches $150M Chicago-base VC fund to develop new food technologies

Tyson New Ventures will invest in creating alternative forms of protein such as the Beyond Burger, a veggie burger that bleeds beet juice.

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Northwestern, AbbVie team up on cancer research

Northwestern University and North Chicago pharma company AbbVie will spend five years working together researching ways to fight cancer, AbbVie said Monday.

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Chicago Fed president: Economy doesn’t need Trump’s infrastructure plan

Chicago Federal Reserve President Charles Evans sees conditions right for a rate increase, cautions against infrastructure building purely for stimulation.

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Labor peace at United: Mechanics OK contract, last union to ink post-merger deal

United Airlines’ 9,000 mechanics narrowly ratified a new contract on Monday, the first joint contract for the group since United combined workforces with Continental Airlines in a merger six years ago.

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Australian H.S. students ‘show up’ Martin Shkreli, re-create price-hiked pill for $2

Biotech exec Martin Shkreli became widely reviled for hiking the price of a drug more than 4,000 percent, to $750 per pill. Students have made it for $2 a pill.

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With Amazon looming, Oreo maker dives deeper into online retail

Mondelez International Inc., trying to adapt as more shoppers buy food outside of traditional grocery stores, is diving deeper into online retail with a holiday-season website that is selling tins of Oreos directly to consumers.

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