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

Chicago Business News - Money, Financial & Corporate News

Friday, May 19, 2017 at 01:51 PM CDT

Butterball to Close 600-Employee Illinois Meatpacking Plant

Butterball to Close 600-Employee Illinois Meatpacking Plant

Turkey processor Butterball has announced it will shut its meatpacking plant west of Chicago, resulting in the loss of about 600 full-time jobs.

Friday, May 19, 2017 at 12:54 PM CDT

Ford to Invest $350 Million in Michigan Plant

Ford to Invest $350 Million in Michigan Plant

Ford is pumping $350 million into a plant outside of Detroit where a new transmission for fuel-efficient vehicles will be built. The Dearborn, Michigan, automaker said Friday that the investment in the Livonia...

Thursday, May 18, 2017 at 08:48 PM CDT

Tesla Workers Suffer Fainting Spells, Dizziness: Report

Tesla Workers Suffer Fainting Spells, Dizziness: Report

Workers at Tesla's car factory in California have been fainting, experiencing dizziness and even having seizures, often requiring medical attention. The symptoms have led to more than 100 calls for ambulances...

Thursday, May 18, 2017 at 02:48 PM CDT

US Dollar Surges After Traders Speculate on Trump

US Dollar Surges After Traders Speculate on Trump

The U.S. dollar suddenly surged against the British pound and other currencies Thursday after the reemergence of former FBI Director James Comey saying Trump never asked to end the probe, reported CNBC. The...

Thursday, May 18, 2017 at 01:26 PM CDT

McDonald's Says It Removed Artificial Flavor From Soft Serve

McDonald's Says It Removed Artificial Flavor From Soft Serve

McDonald's says it removed artificial flavor from its vanilla soft-serve dessert.

Thursday, May 18, 2017 at 04:08 PM CDT

Roger Ailes, Fox News Founder and Political Strategist, Dies

Roger Ailes, Fox News Founder and Political Strategist, Dies

Roger Ailes, the communications maestro who transformed television news and America's political conversation by creating and ruling Fox News Channel for two decades before being ousted last year for alleged...

Thursday, May 18, 2017 at 07:11 AM CDT

Companies Stashing Bitcoin in Anticipation of Cyberattacks

Companies Stashing Bitcoin in Anticipation of Cyberattacks

Companies are stockpiling bitcoins in preparation of future "ransomware" attacks, which have grown exponentially over the past few years, NBC News reported. According to cybersecurity experts and firms, about...

Thursday, May 18, 2017 at 05:10 AM CDT

Donald Trump Jr., Dubai Business Partner Discuss 'New Ideas'

Donald Trump Jr., Dubai Business Partner Discuss 'New Ideas'

Donald Trump Jr. traveled to Dubai and met a billionaire business partner in the city-state, discussing "new ideas" as the Emirati's real estate firm still lists possible plans for future joint projects while...

Wednesday, May 17, 2017 at 06:28 PM CDT

Cisco to Cut 1,100 More Jobs Amid Worse-Than-Expected Outlook

Cisco to Cut 1,100 More Jobs Amid Worse-Than-Expected Outlook

Cisco announced Wednesday that it will be cutting 1,100 employees as part of its expanded restructuring plan. The new job cuts come only months after the enterprise technology company cut 5,500 jobs — seven...

Wednesday, May 17, 2017 at 03:14 PM CDT

Stocks Suffer Worst Day of the Year Amid White House Chaos

Stocks Suffer Worst Day of the Year Amid White House Chaos

U.S. stocks closed sharply lower on Wednesday as investors digested the latest news out of Washington, with the Dow Jones averagine about 370 points lower, Goldman Sachs contributing the most losses, CNBC...

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