Chicago Business News - Money, Financial & Corporate News | NBC Chicago

Chicago Business News - Money, Financial & Corporate News

Thursday, Jun 8, 2017 at 03:16 PM CDT

Verizon Wants to Make Web Ad Dollars With Yahoo Purchase

Verizon Wants to Make Web Ad Dollars With Yahoo Purchase

Verizon has a simple goal in buying Yahoo: It wants to challenge Google and Facebook in the huge and lucrative field of digital advertising. But Verizon faces its own challenge in doing so, given that it will be...

Wednesday, Jun 7, 2017 at 06:47 PM CDT

Layoffs Could Total 1,000 as AOL and Yahoo Complete Merger

Layoffs Could Total 1,000 as AOL and Yahoo Complete Merger

Layoffs are expected to take place across AOL and Yahoo that could number up to 1,000 jobs, or 20 percent of the combined company, sources told Recode. The merger between the two companies — after Verizon bought...

Wednesday, Jun 7, 2017 at 05:25 AM CDT

Mom Seeks Friends: New App Matches Moms

Mom Seeks Friends: New App Matches Moms

A new app on the tech scene allows for new moms from different walks of life to connect with each other nearby in a Tinderesque fashion, reported NBC News. Peanut, a new app created by mom Michelle Kennedy,...

Friday, Jun 2, 2017 at 12:36 PM CDT

Here's What to Expect From Apple’s Big Event Next Week

Here's What to Expect From Apple’s Big Event Next Week

Next week Apple is set to have its developer's conference, known as WWDC, where tech experts are expecting Apple to discuss new hardware and software, CNBC reported. Most likely, Apple will reveal its new...

Thursday, Jun 1, 2017 at 05:38 AM CDT

Chinese Maker of Ivanka Trump Shoes Denies Labor Violations

Chinese Maker of Ivanka Trump Shoes Denies Labor Violations

A Chinese company that makes shoes for Ivanka Trump and other brands denied allegations Thursday of excessive overtime and low wages made by three activists who have been arrested or disappeared. The Associated...

Wednesday, May 31, 2017 at 03:56 PM CDT

Taxpayers May Have Overpaid by $1B for EpiPen: Senator

Taxpayers May Have Overpaid by $1B for EpiPen: Senator

American taxpayers may have overpaid by as much as $1.27 billion for EpiPen anti-allergy devices over the course of a decade, a U.S. senator said Wednesday. That is nearly three times the $465 million that...

Thursday, May 25, 2017 at 06:52 PM CDT

How Best Buy Escaped the Retail Apocalypse

How Best Buy Escaped the Retail Apocalypse

Shares of Best Buy surged more than 20 percent Thursday after the company posted unexpected sales growth in same store locations. Best Buy is a retail anomaly because it's an enjoyable place to shop, CNBC...

Thursday, May 25, 2017 at 10:54 AM CDT

Race Car Costs: The High Price of Fielding a Racing Team

Race Car Costs: The High Price of Fielding a Racing Team

Gentlemen, start your engines — of your money-munching machines. While waiting for the flag to drop at the Indianapolis 500 this Memorial Day weekend, are you fantasizing about becoming a race car driver?...

Wednesday, May 24, 2017 at 06:34 PM CDT

How Food Stamp Cuts Could Ripple Through the Economy

How Food Stamp Cuts Could Ripple Through the Economy

A proposal to curtail the nation's food stamp program would pinch families struggling to pay for groceries and ripple through other areas of the economy, including supermarkets and discounters, as people shuffle...

Thursday, May 25, 2017 at 06:02 AM CDT

Serena Williams Accepts a New Challenge - in Silicon Valley

Serena Williams Accepts a New Challenge - in Silicon Valley

Tennis star Serena Williams has 39 Grand Slam titles, four Olympic medals, major endorsement deals and her own line of clothing and accessories. Now she is embarking on a new mission: She says she wants to help...

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