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

Chicago Business News - Money, Financial & Corporate News

Monday, Aug 28, 2017 at 12:50 PM CDT

It's a Done Deal: Amazon Takes Over Whole Foods

It's a Done Deal: Amazon Takes Over Whole Foods

A half-gallon of milk was 50 cents cheaper at a Whole Foods in New York. Ground beef was down by $2 a pound. And an organic avocado cost a buck less. Amazon kicked off its first day as the owner of Whole Foods...

Monday, Aug 28, 2017 at 01:54 AM CDT

Uber Selects Expedia CEO to be Its New Chief: Sources

Uber Selects Expedia CEO to be Its New Chief: Sources

Expedia CEO Dara Khosrowshahi has been named Uber's top executive, taking the difficult job of mending the dysfunctional ride-hailing giant and turning it from money-losing behemoth to a profitable company. Ub...

Friday, Aug 25, 2017 at 12:24 PM CDT

1st Replacement of Target's Famous Brands Launches Sunday

Target lovers soon will have to say goodbye to two of the chain's famous brands....View gallery

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Friday, Aug 25, 2017 at 11:09 AM CDT

Chicago Bars Not Showing NFL Games to Support Kaepernick

Chicago Bars Not Showing NFL Games to Support Kaepernick

Some bars near Chicago's Soldier Field say they won't show NFL games until Colin Kaepernick is signed, joining many in the city and around the country in showing support for the jobless quarterback.

Thursday, Aug 24, 2017 at 03:14 PM CDT

Amazon to Lower Some Prices at Whole Foods

Amazon to Lower Some Prices at Whole Foods

Amazon announced Thursday that its $13.7 billion acquisition of Whole Foods will close on Monday, CNBC reported. As the two companies work to integrate their business, all customers will immediately see "lower...

Thursday, Aug 24, 2017 at 05:46 PM CDT

Sears to Close Another 28 Kmart Stores Nationwide

Sears to Close Another 28 Kmart Stores Nationwide

Sears continued to struggle in its second quarter with declining sales amid heightened competition from the likes of Walmart to Amazon. It now says it will close even more stores. The Hoffman Estates, Illinois...

Thursday, Aug 24, 2017 at 05:51 AM CDT

AAA Study: True Cost of Car Ownership in 2017

AAA Study: True Cost of Car Ownership in 2017

The costs of owning and operating a brand-new car in the United States can cost on average $8,469 annually, or $706 a month, according to a new study from the American Automobile Association. AAA's Your Driving...

Wednesday, Aug 23, 2017 at 05:46 PM CDT

Whole Foods Shareholders OK Amazon Takeover Deal

Whole Foods Shareholders OK Amazon Takeover Deal

Whole Foods shareholders and federal regulators approved Amazon's $13.7 billion acquisition of the organic grocer, a deal that could bring big changes to the supermarket industry and how people order groceries...

Tuesday, Aug 22, 2017 at 03:20 PM CDT

Famed Village Voice Announces End of Print Edition

Famed Village Voice Announces End of Print Edition

The Village Voice, the famed New York City alternative weekly that's been in print for decades, is going online-only. Owner Peter Barbey announced the change on Tuesday. He says the paper, founded more than 60...

Friday, Aug 18, 2017 at 10:40 PM CDT

Walmart Files Patent for Floating Warehouse

Walmart Files Patent for Floating Warehouse

Walmart has applied for a U.S. patent for a warehouse in the sky, which could make deliveries to shoppers' homes with drones. CNBC reported that it could be the big-box retailer's latest move to take its...

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