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

Chicago Business News - Money, Financial & Corporate News

Tuesday, Jun 20, 2017 at 07:32 AM CDT

'Love at First Sight' for Whole Foods and Amazon: CEO

'Love at First Sight' for Whole Foods and Amazon: CEO

Whole Foods CEO John Mackey says the deal to be acquired by Amazon was the result of a "whirlwind courtship." Mackey made the remarks during a town hall with Whole Foods employees after the $13.7 billion...

Monday, Jun 19, 2017 at 03:01 PM CDT

Amazon Buys Whole Foods: What That Means for Grocery Prices

Amazon Buys Whole Foods: What That Means for Grocery Prices

Analysts predict big changes for grocers following Amazon’s surprise purchase of Whole Foods, NBC News reported. But they also say there is a clear winner here: Shoppers. "This was a very exciting announcement...

Monday, Jun 19, 2017 at 01:26 PM CDT

Time Warner Just Handed Snapchat a $100 Million Lifeline

Time Warner Just Handed Snapchat a $100 Million Lifeline

Snap, the company behind the social media app Snapchat, saw a spike in its shares on Monday after the announcement of a new deal with Time Warner. The deal is valued at $100 million, people familiar with the...

Monday, Jun 19, 2017 at 09:00 AM CDT

Dow Hits Another Record High at Open as Tech Stocks Bounce

Dow Hits Another Record High at Open as Tech Stocks Bounce

The Dow Jones industrial average continued its march upward Monday, opening at a record high that top's last week's milestone of 21,391.97, CNBC reported. The S&P 500 opened up 0.4 percent, leaving it just...

Monday, Jun 19, 2017 at 07:14 AM CDT

Suburban City Council to Vote Again on Minimum Wage Hike

Suburban City Council to Vote Again on Minimum Wage Hike

Yet another Chicago suburb is slated to vote on whether it will opt out of an ordinance requiring Cook County business owners to raise minimum wage for workers.

Friday, Jun 16, 2017 at 01:49 PM CDT

US Treasury Department Releases FAQ on Cuba Changes

US Treasury Department Releases FAQ on Cuba Changes

The Department of the Treasury's Office of Foreign Assets Control released a series of frequently asked questions regarding President Donald Trump's changes to the U.S. policy toward Cuba Friday, as the...

Friday, Jun 16, 2017 at 12:57 PM CDT

The Costs Of Being A Dad

The Costs Of Being A Dad

Welcome to parenthood. You are a proud new father, simultaneously overjoyed and terrified. Since you are now responsible for another human being, you should know that the estimate of what it will cost to...

Thursday, Jun 15, 2017 at 12:07 PM CDT

'White Skittles' for U.K. Pride Month Are Drawing Backlash

'White Skittles' for U.K. Pride Month Are Drawing Backlash

An all-white, limited edition of Skittles sold in the U.K. has ignited internet debate over what some critics are calling a tone-deaf marketing scheme to celebrate LGBT Pride month. Skittles partnered with...

Thursday, Jun 15, 2017 at 10:15 AM CDT

Nike to Cut About 2 Percent of its Global Workforce

Nike to Cut About 2 Percent of its Global Workforce

Nike has announced a new business structure which includes cutting 2 percent of its global workforce on Thursday, CNBC reported. The new structure will focus on serving consumers in 12 cities across 10...

Wednesday, Jun 14, 2017 at 10:42 AM CDT

China Overturns Rejections of 9 Trump Trademarks

China Overturns Rejections of 9 Trump Trademarks

The Chinese government has granted preliminary approval for nine Donald Trump trademarks it had previously rejected, in whole or in part, The Associated Press found, a turn that is likely to fuel further...

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