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Hampton Creek Foods, which just started selling its first product — Just Mayo mayonnaise — at Whole Foods Markets, is part of a new generation of so-called food-tech ventures that aim to change the way we eat. Funded by prominent Silicon Valley investors and Microsoft founder Bill Gates, Hampton Creek Foods’ mission is to find plant replacements for eggs.
Bensenville-based Norwood Commercial Contractors has agreed to pay workers nearly $400,000 in back wages and damages after a federal investigation. The U.S. Labor Department says many workers were not paid for overtime.
The stock market returned to record territory Monday after a big acquisition in the food industry and as traders hope that a budget deal could be reached in Washington.
McDonald’s said Monday a key sales figure rose 0.5 percent in November, even as the world’s biggest hamburger chain faced tough competition and basically flat traffic in the U.S. Its global sales performance was the same as in October.
Sysco is buying Rosemont-based food distributor US Foods for about $3.5 billion in cash and stock.
American Airlines has emerged from bankruptcy protection and US Airways culminated its long pursuit of a merger partner after the two completed their deal Monday to create the world’s biggest airline.
Asian stock markets were mostly higher Monday as signs of U.S. economic recovery offset concerns that the Federal Reserve may reduce its monetary stimulus this month.
Federal health officials have approved a highly anticipated hepatitis C drug from Gilead Sciences Inc. that is expected to offer a faster, more palatable cure to millions of people infected with the liver-destroying virus.
One fisherman uses a bike to deliver hundreds of pounds of salmon to local markets. A mom who regularly shuttles her two kids around town once tried to haul a twin mattress home. And some companies are using the bikes to deliver beer kegs or pick up recycling.
A New York judge has refused to block a merger between American Airlines and US Airways, saying a bankruptcy judge was right to reject the arguments made by a lawyer for some consumers.
Missouri lawmakers gave final approval Friday to a plan offering up to $1.7 billion in incentives over more than two decades if Boeing agrees to assemble a highly sought-after passenger plane in the St. Louis area.
California citrus growers expect to see minimal damage to the state orange crop after battling freezing temperatures for a second night but no major impact on the price of the fruit.
Stocks rose sharply after the government reported a fourth straight month of solid U.S. job gains, the latest encouraging sign for the economy. The strengthening job market focused investors on the nation’s improving economy instead of concerns about the Federal Reserve’s stimulus, snapping a five-day losing streak for stocks.
Sears Holdings Corp. said Friday that it will spin off its Lands’ End clothing business as a separate company by distributing stock to the retailer’s shareholders.
A fourth straight month of solid hiring cut the U.S. unemployment rate to a five-year low of 7 percent in November, an encouraging sign for the economy.