The latest business news headlines, delivered to your inbox midday weekdays.
Working Lunch Thursday, May 1, 2025 | | |
| | | | | It's lunchtime, Chicago. Tariffs will likely cost Deerfield-based Baxter International $60 million to $70 million this year, the company’s chief financial officer said in an earnings call Thursday. Baxter expects to see
most of the impact from increased tariffs in the second half of the year, said Joel Grade, Baxter executive vice president and chief financial officer. Baxter makes IV fluids, a number of pharmaceuticals and other hospital products. And American Airlines will begin flying to seven new destinations from Chicago’s O’Hare International Airport later this year, many of them warm-weather tourism spots. Nonstop service to Curacao; St. Croix, U.S. Virgin Islands; St. Maarten; Guatemala City, Guatemala; and San José, Costa Rica, will launch in November and December but new flights can be booked beginning Monday. Read that story and more in today's Working Lunch. Top business stories | Real estate | | | | In recent weeks, a number of companies have been quantifying the impacts of tariffs. | | | | | The new flights represent continued growth for American, which says it will offer 25% more seats on flights out of O’Hare this summer. | | | | | Leapfrog bases its grades on 22 safety measures, including death rates among surgical patients with serious but treatable complications. | | | | | Chicago-based Conagra will deepen its focus on frozen foods and healthy snacks going forward, CEO Sean Connolly said. | | | | | The Cook County cases come after Illinois' first case of measles this year, which was reported last week in an unvaccinated adult in Marion. | | | | | Flagging consumer confidence is hurting U.S. demand at McDonald’s and other restaurant chains. | | | | | The food halls at the Hollywood casinos will include Lucky Goat, a new burger restaurant by celebrity chef Stephanie Izard. | | | |
| |
