Business Beat for Monday, Oct. 6, 2014

SHARE Business Beat for Monday, Oct. 6, 2014

Trump name coming off closed casino

Donald and Ivanka Trump say Trump Entertainment let the two casinos fall into such disrepair that it violated quality standards both sides agreed to.

Alaska Airlines orders 10 Boeing jets

Boeing Co. and Alaska Airlines say the order for Next-Generation 737-900ER airplanes is valued at $990 million at list price.

ALSO: Boeing to build some 777X parts in St. Louis [Reuters]

Burger King playing chicken with nugget price?

Burger King Worldwide Inc. is lowering its chicken nugget prices to 15 cents each as fast-food chains compete to lure budget-minded customers.

Sale of Berlin Packaging completed

Oak Hill Capital Partners and the company’s management team bought Berlin Packaging from Investcorp for $1.43 billion, including debt.

Experimental drug provided to Dallas Ebola patient

A North Carolina drugmaker is providing an experimental drug to a Dallas patient being treated for Ebola, an emergency step authorized by the FDA.

Facebook completes WhatsApp deal now worth $21.8B

WhatsApp is by far Facebook’s largest acquisition, and bigger than any that Google, Microsoft or Apple have ever done.

A movie theater returns to the Loop

AMC Entertainment plans to open an 11-screen AMC Dine-In Theatre at Block 37. It would be the first commercial movie theater in the Loop since 1989. [Crain’s]

Redbox Instant to shut down Tuesday

Redbox Instant, the movie-streaming venture between Outerwall Inc. and Verizon Communications Inc., will cease operations Tuesday. “It was not as successful as we hoped it would be,” the companies said. [Bloomberg]

SABMiller: Heineken bid was not defensive move

SABMiller boss Alan Clark says the only unusual thing about its discussions with Heineken was that they became public. [Reuters]

Sometimes being above average isn’t something to celebrate

Our commutes are generally longer than the national average. But this interactive map shows some commuters have it worse.

Approval process delays H&R Block banking sale

Tax preparer H&R Block says it will not be able to complete the deal before the next tax season.

Feds probe power steering in Ford midsize cars

U.S. safety regulators are investigating complaints that the power-assisted steering can suddenly fail on three Ford Motor Co. midsize car models.

Chicago’s Durata Therapeutics bought by Actavis for $616.4M

One of Chicago-based Durata’s key products is Dalvance for injection, an IV antibiotic for acute bacterial skin and skin structure infections.

Wal-Mart plans 1-stop health coverage shopping

Wal-Mart plans to work with DirectHealth.com to allow shoppers to compare coverage options and enroll in Medicare plans or public exchange plans.

Hewlett-Packard splits off PC, printer businesses

Hewlett-Packard is splitting itself into two companies, one focused on personal computers and printer and another on technology services.

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