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Morningstar Incorporated

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  • AbbVie partners with Google to develop new drugs for aging

    AbbVie partners with Google to develop new drugs for aging
    A startup backed by Google, the Silicon Valley powerhouse whose innovations range from its eponymous search engine to self-driving cars, is teaming up with a North Chicago drug company to develop treatments for diseases tied to aging.
  • Walgreen CFO Wade Miquelon replaced by Kraft executive

    Walgreen CFO Wade Miquelon replaced by Kraft executive
    Walgreen Co. on Monday replaced longtime chief financial officer Wade Miquelon with Timothy McLevish, who held the same position at Kraft Foods Group Inc. The move, effective immediately, comes days before the Deerfield-based pharmacy chain prepares...

    Walgreen CEO: Leaving U.S. wasn't in best interest of shareholders

    Walgreen CEO: Leaving U.S. wasn't in best interest of shareholders
    Walgreen has exercised its option to buy the remaining 55 percent of European pharmacy retailer and wholesaler Alliance Boots in a $15.26 billion deal that will keep its corporate tax headquarters in the United States. The company that will emerge...

    Investing: The urge to merge is back in a big way

    Every week, it seems, brings news of a corporate coupling (or at least an invitation). Buyouts are brisk in industries ranging from technology to health care, from finance to consumer goods. Halfway through 2014, U.S. companies had announced more than 9,...

    Chicago is a hotbed for billionaires, firms report

    Chicago is a hotbed for billionaires, firms report
    More billionaires are born in Chicago than in any other U.S. city apart from New York, according to reports from two firms that investigate wealth. In fact, one in every 200 billionaires in the world is born in Chicago, according to wealth research firms...