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

Chicago Business News - Money, Financial & Corporate News

Thursday, Jan 5, 2017 at 09:23 AM CST

Macy's to Close 65 Stores in 2017, Cut 10K Jobs

Macy's to Close 65 Stores in 2017, Cut 10K Jobs

Macy's announced Wednesday it is shutting down 65 stores in 2017 and eliminating an estimated 10,000 jobs as it battles slowing sales and growing online competition. The closures are part of a previously...

Tuesday, Jan 3, 2017 at 02:42 PM CST

Sneaker Makers Stake Claim in Boston

Sneaker Makers Stake Claim in Boston

Shoe makers are racing to the Boston area as they compete for millennial talent. Reebok picked the city's rapidly growing Seaport District for its new global headquarters in December, following in the...

Tuesday, Jan 3, 2017 at 11:27 AM CST

Ford Cancels Mexico Plant, Will Reinvest in Michigan

Ford Cancels Mexico Plant, Will Reinvest in Michigan

Ford announced the cancellation of a new $1.6 billion plant in Mexico and will instead reinvest in Michigan.

Saturday, Dec 24, 2016 at 03:15 AM CST

Whole Foods Managers Fired for Whistleblowing: Lawsuit

Whole Foods Managers Fired for Whistleblowing: Lawsuit

Nine managers who were fired by Whole Foods supermarkets for allegedly manipulating a bonus program filed a class-action lawsuit against the grocery chain. According to the lawsuit filed this week in D.C....

Thursday, Dec 15, 2016 at 05:58 PM CST

Maywood's Only Grocery Store to Close Permanently This Month

Maywood's Only Grocery Store to Close Permanently This Month

A Chicago suburb's only grocery store is slated to close on Christmas Eve, and city officials are pleading with the popular grocery store chain to keep it open.

Thursday, Dec 15, 2016 at 05:30 AM CST

CEOs of Tesla, Uber and Pepsi Join Trump's Business Council

CEOs of Tesla, Uber and Pepsi Join Trump's Business Council

The real-life Iron Man has agreed to help Donald Trump. Elon Musk, CEO of Tesla and SpaceX joined the president-elect’s business council on Wednesday, NBC News reported. Two other CEOs, Travis Kalanick of Uber...

Tuesday, Dec 13, 2016 at 01:48 PM CST

Hawaii's Last Sugar Mill Closes

Hawaii's Last Sugar Mill Closes

Workers delivered the final truckload of cane to Hawaii's last remaining sugar mill Monday, bringing an era that helped define the state to a close. KHNL's Lisa Kubota reports.

Wednesday, Dec 14, 2016 at 06:07 AM CST

Walmart Pulls 'Offensive' Mugs From Website

Walmart Pulls 'Offensive' Mugs From Website

Walmart has removed a mug from its website after numerous shoppers reported it as “appalling” and “offensive.”

Tuesday, Dec 13, 2016 at 06:34 AM CST

NJ Clinical Lab Hack Exposes Personal Health Info of 34,000

NJ Clinical Lab Hack Exposes Personal Health Info of 34,000

Quest Diagnostics announced Monday that it is investigating an unauthorized third-party intrusion into an internet application on its network. In a statement released Monday, the company said the data accessed...

Friday, Dec 9, 2016 at 07:30 PM CST

Ford CEO: Trump Threats Won't Change Move to Mexico

Ford CEO: Trump Threats Won't Change Move to Mexico

Ford Motor Co. is going ahead with plans to move small-car production from the U.S. to Mexico despite President-elect Donald Trump's recent threats to impose tariffs on companies that move work abroad. CEO Mark...

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