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

Chicago Business News - Money, Financial & Corporate News

Tuesday, Feb 28, 2017 at 05:52 AM CST

SpaceX to Send 2 Citizens to Moon in 2018: Elon Musk

SpaceX to Send 2 Citizens to Moon in 2018: Elon Musk

Elon Musk announced Monday that his private space transportation company SpaceX will send two private citizens to the moon in late 2018. "We are excited to announce that SpaceX has been approached to fly two...

Monday, Feb 27, 2017 at 11:43 AM CST

Amid Speculation, Macy's Says Walnut Room is 'Staying'

Amid Speculation, Macy's Says Walnut Room is 'Staying'

No, the Walnut Room at Chicago’s flagship Macy’s store isn’t going anywhere, a company spokesperson said Monday, but questions surrounding the future of the State Street location remain unanswered.

Sunday, Feb 26, 2017 at 09:12 PM CST

CVS to Close 11 Stores in Chicago: Report

CVS to Close 11 Stores in Chicago: Report

CVS Health is closing 11 locations in Chicago as part of the company’s previously announced cost-cutting initiative, according to the Chicago Tribune.

Sunday, Feb 26, 2017 at 04:16 AM CST

Trump Administration Blocks Changes on Coal Mining Royalties

Trump Administration Blocks Changes on Coal Mining Royalties

The Interior Department has put on hold changes to how the federal government values huge volumes of coal extracted from public lands, primarily in the Western United States, after mining companies challenged...

Friday, Feb 24, 2017 at 01:09 PM CST

J.C. Penney Company to Close Up to 140 Stores Within Months

J.C. Penney Company to Close Up to 140 Stores Within Months

J.C. Penney Company officials said the company will close 130 to 140 stores and two distribution centers during the next several months as it aims to improve profitability in the era of online shopping. The...

Tuesday, Feb 21, 2017 at 10:09 AM CST

Burger King, Tim Hortons Parent to Buy Popeyes for $1.8B

Burger King, Tim Hortons Parent to Buy Popeyes for $1.8B

Restaurant Brands International says it'll pay $1.8 billion for Popeyes, bringing the fried chicken chain under the same corporate umbrella as Burger King and Tim Hortons. The move fits Restaurant Brands'...

Monday, Feb 20, 2017 at 10:19 PM CST

Mild Weather Gets Maple Season Off to an Early Start

Mild Weather Gets Maple Season Off to an Early Start

A mild stretch of temperatures has jumpstarted Vermont’s signature maple sugaring season. The warm weekend sparked big sap flows across Vermont, including from the 81,000 tree taps at Runamok Maple. That...

Sunday, Feb 19, 2017 at 02:47 PM CST

Kraft Heinz Withdraws $143B Bid to Buy Unilever

Kraft Heinz Withdraws $143B Bid to Buy Unilever

Kraft Heinz has decided to withdraw its $143 billion offer to buy mayonnaise, tea and seasonings maker Unilever.

Friday, Feb 17, 2017 at 09:06 PM CST

Kraft Still Hungry For Unilever After Rejected Offer

Kraft Still Hungry For Unilever After Rejected Offer

U.S. food giant Kraft Heinz Co. confirmed that it's made an offer to buy Europe's Unilever and been rejected.

Thursday, Feb 16, 2017 at 05:30 PM CST

50 Chicago Businesses Close for 'Day Without Immigrants'

50 Chicago Businesses Close for 'Day Without Immigrants'

A number of Chicago businesses will close Thursday amid nationwide "Day Without Immigrants" demonstrations.

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