| Jul 24, 2014
An impulse to give up on America is growing in our corporate boardrooms.
This desire to renounce their corporate citizenship is driven by the latest tax avoidance craze known as "inversion" — an accounting strategy to move a company's headquarters...
| Jun 29, 2014
Walgreen Co. is at a crossroads, but it may not be "at the corner of happy and healthy" as its advertising slogan suggests.
The nation's largest drugstore chain is considering a move that would allow it to significantly cut its tax bill and increase...
| Jul 13, 2014
If Walgreen Co. does choose to move its headquarters overseas to the United Kingdom or Switzerland, it should go all-out. Forget the whole friendly neighborhood pharmacy thing, and become America's chemist.
If the company headquarters winds up in the...
| Jul 22, 2014
| 8:57 AM
Illinois Sen. Dick Durbin on Tuesday urged Walgreen Co. to reconsider a possible move of its headquarters to Switzerland to lower its U.S. tax bill.
In a letter to Walgreen Chief Executive Gregory Wasson, Durbin said the company could face a backlash...
| Jul 3, 2014
— Dixon Mayor Jim Burke never knew Charles Walgreen, who grew up in this small western Illinois town and started what's now a multibillion-dollar, multinational drugstore chain.
But like others in Dixon, Burke is sure Walgreen, who died in 1939,...
| Jul 3, 2014
| 6:10 AM
Walgreen Co. sales rose 8.9 percent last month, driven by prescriptions.
The Deerfield-based company, the nation’s largest drug store chain, reported sales of $6.28 billion in June compared to $5.77 billion last year. Sales in stores open at least...
| Jul 6, 2014
Greg Wasson recently celebrated his 34th year working for Walgreen Co., including the past five as its president and chief executive.
When he took the reins in February 2009, the Deerfield-based pharmacy chain had a reputation as conservative, stable...
| Jul 5, 2014
Walgreen Co. Chief Executive Greg Wasson has confirmed that his company might move its headquarters outside the U.S. from its current location in north suburban Deerfield. He's one of many American corporate leaders under pressure to cut their companies'...
| Jul 8, 2014
| 12:45 AM
Owners of a Downers Grove Walgreens received preliminary approval to keep its drive-through pharmacy window open for 24 hours.
Members of the village plan commission unanimously approved the application for the store at 1000 Ogden Avenue Monday.
| Jul 10, 2014
The investment arm of Chicago's billionaire Crown family has thrown its weight behind a New York-based activist hedge fund in its calls for retailer PetSmart to sell itself, a rare public rebuke of a company the family invests in.
In a Monday letter...
| Apr 28, 2014
| 6:52 PM
If your back aches or your ankle swells, managers of a Columbia-based company want you to forgo the ice pack and grab a TheraPearl instead.
The maker of therapeutic pearl-filled packs that can be chilled in the freezer or heated in the microwave want...