Swedish retailer Ikea is launching a line of furniture with built-in charging spots, including in bedside tables, lamps and desks.
EBay’s PayPal payment unit is acquiring mobile wallet operator Paydiant ahead of PayPal’s spinoff as the mobile payment sector heats up.
It was only the third time the index has closed above 5,000 in its 44-year history. The other two were March 10, 2000, when it closed at a record high of 5,048, and the day before.
Entrepreneur Marcus Lemonis is bring a Courage B boutique to Lake Forest in late April.
Downers Grove-based Dover Corp. announced Monday it has completed the $185 million sale of its Datamax O’Neil unit to Honeywell.
Berghoff Brewery has released its newest spring season beer. Rockin’ Bock combines the hefeweizen and maibock styles.
Luxury carmaker BMW’s purchase last fall of a small software-development group in the West Loop is another sign that Chicago is becoming a center of connected-car technology. [Crain’s]
New chief executive Steve Easterbrook has set expectations high for change at the world’s biggest restaurant chain. Now he’ll have to deliver. [The Wall Street Journal]
The leading Internet search engine and mobile software provider, is working with unnamed network operators on developing a cellular plan.
Hewlett-Packard is buying wireless networking company Aruba Networks for about $2.7 billion, the biggest acquisition by HP in recent years.
Cardinal Health is offering to buy a unit of Johnson & Johnson that makes heart devices for about $1.94 billion.
Costco says it struck a deal for Citi to be the exclusive issuer of its co-branded credit cards, with Visa replacing American Express as the card network.
The world’s richest person got even richer this year. Forbes says that Bill Gates’s net worth rose to $79.2 billion in 2015 from $76 billion last year.