Bank of America is the first major U.S. bank to issue debit cards with chip technology. [MarketWatch]
Chicago home prices rose 0.6 percent in July after rising 1.5 percent in June. Area home prices are up 4 percent from a year ago, reports Standard & Poor’s/Case-Shiller.
Walgreen booked a $239 million loss in its fiscal fourth quarter after swallowing a huge accounting charge from its Alliance Boots acquisition.
Baxter International Inc.’s biopharmaceuticals business plans to create a research-and-development center near Boston.
If friends swear your homebrew is so good they’d buy it, here’s the first step to taking their money.
Archer Daniels Midland Co. and Marubeni Corp. announced an expansion of Kalama Export Co. LLC, their joint venture in the Pacific Northwest.
Drug and medical device companies paid doctors and leading hospitals billions of dollars last year, the government disclosed Tuesday.
Motorola Solutions CEO Greg Brown says the Schaumburg-based company “needs to be simpler and leaner, with fewer layers of management.” [Crain’s]
Microsoft says the next version of its flagship operating system will be called Windows 10.
Airbus won European safety approval on Tuesday for its new A350, which competes with Boeing Co.’s 787 Dreamliner. [Reuters]
The maker of the world’s top-selling erectile dysfunction drug on Tuesday will begin airing the first Viagra TV commercial that targets women.
United Airline’s deal to add Uber to the carrier’s mobile app has raised concerns among some airport executives. [New York Times]
Mobile payment service PayPal is splitting from eBay and will become a separate and publicly traded company next year.
Gov. Jerry Brown on Tuesday signed legislation imposing the nation’s first statewide ban on single-use plastic bags, driven to action by a buildup of litter and damage to aquatic ecosystems. [Early & Often]
The cars have ruptured and spilled oil during collisions, leading to intense fires.
A cluster of 100-foot-tall grain silos in Buffalo is being turned into the world’s largest six-pack.