FTC vows to fight Advocate-NorthShore merger

The Federal Trade Commission is appealing a federal judge’s decision that allows Advocate Health Care and NorthShore University HealthSystem to merge. Antitrust regulators filed a notice of appeal today, one day after U.S. Northern District Judge Jorge Alonso denied the FTC’s motion for a preliminary injunction to block the deal. […] Read more »

United to have only U.S.-Singapore nonstop for just four months

(Bloomberg) — Two weeks after United Airlines began the only nonstop flight from the U.S. to Singapore, departing from San Francisco, the city-state’s hometown carrier is responding with competing service. Singapore Airlines Ltd. will start a daily nonstop flight from Singapore to San Francisco on Oct. 23 using new Airbus […] Read more »

What's next for Jet and Ebony?

The African-American investor who bought Ebony and Jet magazines brings capital, connections and corporate experience to the enterprise, but not a new strategy. Michael Gibson, 59, spent 20 years working for IBM, mainly in the computer-maker’s servers division buying and selling businesses for that unit. Since he retired in 2000, […] Read more »

Study: Publicizing female CEO appointments comes with a cost

Given the push for more women in the C-suite, companies might wish to shout from the rooftops when they appoint a female CEO. But the more they shout, the more their share price might suffer, a new study finds — not necessarily because investors are biased, but because they think […] Read more »

Will the Advocate-NorthShore win spark merger mania?

If merger talks among Chicago-area hospitals appeared to stall as CEOs awaited the fate of one of the biggest health system marriages in the country, look for sparks to fly once again. A federal judge today cleared a giant hurdle for Advocate Health Care, the largest hospital network in Illinois […] Read more »

Former Obama adviser Goolsbee says U.S. economy will plod along

Former Obama administration economic adviser Austan Goolsbee predicted Tuesday that the next 12 months will continue to disappoint observers awaiting sharp improvement in the economy. In a speech at the Morningstar annual conference in Chicago, he told about 2,000 investment professionals that there is nothing wrong with the economy. Rather, […] Read more »

Rep. Dold breaks ranks, calling for gun control vote

Rep. Bob Dold took to the House floor today to call for a move on some gun control legislation in the wake of the massacre at Pulse nightclub in Orlando. Dold’s stand is a break with his Republican caucus. The representative from Kenilworth, who is locked in a tight race […] Read more »

AMA asks for end to ban on gun research funding

The American Medical Association ended two years of debate over its stance on gun violence Tuesday, voting to ask Congress to lift a decades-old ban on federally funded gun violence research. The call to action comes days after the deadliest mass shooting in U.S. history. A gunman killed 49 people […] Read more »