<![CDATA[NBC Chicago - Chicago Business News - Money, Financial & Corporate News]]>Copyright 2017http://www.nbcchicago.com/news/business http://media.nbcnewyork.com/designimages/5-Chicago-Blue.png NBC Chicago http://www.nbcchicago.comen-usSat, 25 Feb 2017 10:34:40 -0600Sat, 25 Feb 2017 10:34:40 -0600NBC Owned Television Stations <![CDATA[Maple Season Kicks Off Early]]> Mon, 20 Feb 2017 22:19:11 -0600 http://media.nbcchicago.com/images/213*120/Maple+syrup1.JPG
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.

Photo Credit: Runamok Maple]]>
<![CDATA[Sears Pushes Back on Claims It Stopped Trump Product Sales]]> Mon, 13 Feb 2017 13:22:15 -0600 http://media.nbcchicago.com/images/225*120/101308+sears.jpg
Sears is fighting back against headlines claiming the retailer stopped selling Trump products on both Sears and Kmart websites.

Photo Credit: Getty Images]]>
<![CDATA[Noodles & Company Closing 55 Restaurants]]> Tue, 14 Feb 2017 10:51:57 -0600 http://media.nbcchicago.com/images/213*120/Noodles+and+Company+072616.jpg
Noodles & Company announced plans to close approximately 55 restaurants in the coming months.

Photo Credit: NBCWashington]]>
<![CDATA[$martMoney]]> Tue, 08 May 2012 08:08:56 -0600
NBC Chicago's series at helping you better manage your money and keep more of it in your pocket.]]>
<![CDATA[Target to Open New Store on Chicago's North Side]]> Wed, 08 Feb 2017 11:46:58 -0600 http://media.nbcchicago.com/images/213*120/target+lakeview.jpg
Target has announced plans to build a new “flexible-format” store expected to open this fall in Chicago's Lakeview neighborhood.

Photo Credit: Target]]>
<![CDATA[Target Cuts Some of Its Innovation Projects: Report]]> Fri, 03 Feb 2017 13:21:44 -0600 http://media.nbcchicago.com/images/213*120/Target-GettyImages-536072219.jpg
Target is reportedly cutting some of its innovation programs amid lower-than-expected holiday sales.

Photo Credit: Moment Editorial/Getty Images]]>
<![CDATA[Facebook Quarterly Earnings Top Expectations]]> Wed, 01 Feb 2017 15:34:54 -0600 http://media.nbcchicago.com/images/213*120/red-social-facebook-logo.jpg
Facebook reported quarterly earnings that beat analysts' estimates on Wednesday, and revenue that topped expectations, as grew ad revenue 53 percent in a quarter.Shares rose 3 percent after hours.Facebook's ad...]]>
<![CDATA[Owner of Garrett Popcorn to Buy Macy's Frango Brand]]> Mon, 30 Jan 2017 10:52:25 -0600 http://media.nbcchicago.com/images/189*120/fraaango.jpg
Macy’s Inc. has sold ownership of its premium chocolate brand, Frango, to Garrett Brands, the owner of Garrett Popcorn Shops.

Photo Credit: Getty Images]]>
<![CDATA[Chicago Officials Break Ground on $60M Shopping Development]]> Wed, 18 Jan 2017 18:36:20 -0600 http://media.nbcchicago.com/images/213*120/avondale+groundbreaking.png
Work is getting started on a big project that could be a boost for a Chicago community -- a $60 million development that will bring more shopping and jobs to the Avondale area. Marion Brooks reports.]]>
<![CDATA[Madigan Sues Country's Largest Student Loan Company]]> Wed, 18 Jan 2017 15:36:16 -0600 http://media.nbcchicago.com/images/213*120/student-loan-providers.jpg
Illinois Attorney General Lisa Madigan on Wednesday filed a lawsuit against the nation's largest student loan company over allegations that the company “repeatedly” cheated borrowers, sending students into billions of dollars in debt.

Photo Credit: NBC 5 News]]>
<![CDATA[IHOP: Our Twitter Was Hacked]]> Sun, 15 Jan 2017 22:30:16 -0600 http://media.nbcchicago.com/images/213*120/ihop-deleted-tweet-new.jpg
IHOP said that sometime Sunday morning, the company’s Twitter account was hacked when a politically charged retweet appeared that caused some customers to pledge to never eat their golden fluffy pancakes again. The International House of Pancakes confirmed to NBC4 the retweet in question involved a statement that Hillary Clinton ran a "major garbage campaign."
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<![CDATA[SD Companies Won't Move Chargers]]> Mon, 16 Jan 2017 19:23:55 -0600 http://media.nbcchicago.com/images/176*120/Dean+Spanos+vs+Jacksonville.JPG
So the Chargers said they are going to move to Los Angeles. Now they actually have to MOVE to Los Angeles. Anyone who has ever moved before understands what an undertaking this is. You have to pack up the boxes, prepare the furniture, finally address all the junk that’s been accumulating in the garage … it’s not a small endeavor, and that’s just for a house. The Chargers are moving offices and a practice facility. That means they have to pack up and transport all the tackling sleds, all the computers, all the files … basically 55 years-worth of stuff. For that they will have to hire a moving company.
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<![CDATA[Adidas Rereleases 'OG' NMD Sneaker]]> Sat, 14 Jan 2017 18:40:10 -0600 http://media.nbcchicago.com/images/213*120/AdidasNMDLine.jpg
It's well-known that New Yorkers are crazy for fashion. NYPD officers witnessed the chaos first hand as officers responded to calls for crowd control at Adidas' Fifth Avenue location Saturday morning. A line of eager sneakerheads snaked along 46th Street from Fifth Avenue toward Madison Avenue on Saturday morning for their chance to purchase the highly coveted Adidas "OG" NMD, a sneaker that the athletic wear brand originally released in December 2015 to much fanfare.
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<![CDATA[Yahoo CEO to Resign After Verizon Takeover, Company Says]]> Tue, 10 Jan 2017 02:19:55 -0600 http://media.nbcchicago.com/images/213*120/YAHOO_AP_16254012507905.jpg
Yahoo Inc. announced Monday that CEO Marissa Mayer, one of the highest-profile women in the predominantly male tech world, will resign once the company's merger with Verizon Communications Inc. closes, NBC News reported.When Verizon announced the $4.8 billion deal in July, Mayer said she intended to continue as CEO.But in a brief filing Monday with the Securities and Exchange Commission, Yahoo said Mayer and company co-founder David Filo will leave once Verizon takes control of its operating business. Four other board members are leaving with Mayer and Filo, according to document.However, the Verizon deal has been jeopardized by Yahoo's recent discovery of two separate hacking attacks that stole personal information from more than 1 billion user accounts.

Photo Credit: AP ]]>
<![CDATA[Alibaba CEO Talks Jobs With Trump]]> Mon, 09 Jan 2017 13:14:41 -0600 http://media.nbcchicago.com/images/213*120/trump-jack-ma.jpg
Jack Ma, the CEO of China-based tech giant Alibaba, met with President-elect Donald Trump in New York City Monday and vowed to focus on small businesses as the company plans its expansion to the U.S."Jack and I are going to do some great things," Trump said while standing next to Ma at Trump Tower.The e-commerce company has said it plans to create 1 million U.S. jobs by helping businesses sell to China. Ma did not confirm a specific number of jobs to reporters after the meeting but said he planned to focus on agricultural products, CNBC reported.The meeting comes amid tensions between China and the incoming Trump administration. "We also think that the China and USA relationship should be strengthened — should be more friendly," Ma said. "The door is open for discussing the relationship and trade issues. I think the president-elect is very smart, he's very open-minded to listen."

Photo Credit: AP]]>
<![CDATA[Macy's to Close 65 Stores in 2017, Cut 10K Jobs]]> Thu, 05 Jan 2017 09:23:49 -0600 http://media.nbcchicago.com/images/197*120/GettyImages-2025683.jpg
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 planned shutdown of about 100 stores, out of its 730, that the company announced in August 2016. Macy’s already shuttered three stores in the middle of 2016. On Wednesday, Macy’s said it will close 63 locations in early spring 2017 and another two mid-year.]]>
<![CDATA[Ford Cancels Mexico Plant, Will Reinvest in Michigan]]> Tue, 03 Jan 2017 11:27:01 -0600 http://media.nbcchicago.com/images/213*120/FORD+THUMB.jpg
Ford announced the cancellation of a new $1.6 billion plant in Mexico and will instead reinvest in Michigan.

Photo Credit: Stock Footage]]>
<![CDATA[Maywood's Only Grocery Store to Close Permanently This Month]]> Thu, 15 Dec 2016 17:58:59 -0600 http://media.nbcchicago.com/images/213*120/ALDI+supermarket+sign.jpg
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.

Photo Credit: Getty Images]]>
<![CDATA[CEOs of Tesla, Uber and Pepsi Join Trump's Business Council]]> Thu, 15 Dec 2016 05:30:41 -0600 http://media.nbcchicago.com/images/213*120/elonmusk3.jpg
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 and Indra Nooyi of Pepsi have also joined the council.Musk, who was critical of Trump during the presidential race, was seen at the president-elect's private meeting with tech titans on Wednesday.Trump’s Strategic and Policy Forum includes CEOs of some of the country’s largest companies, such as Walt Disney, General Electric, JP Morgan Chase and Wal-Mart. Its purpose is to advise the president-elect on how to create news jobs, according to a press release from Trump’s transition team.

Photo Credit: Getty Images]]>
<![CDATA[Hawaii's Last Sugar Mill Closes]]> Tue, 13 Dec 2016 13:48:24 -0600 http://media.nbcchicago.com/images/213*120/TEST_SugarHarvest1213_MP4_1200x675_831916611858.jpg
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.]]>
<![CDATA[Walmart Pulls 'Offensive' Mugs From Website]]> Wed, 14 Dec 2016 06:07:59 -0600 http://media.nbcchicago.com/images/213*120/walmart+sign+generic+2.jpg
Walmart has removed a mug from its website after numerous shoppers reported it as “appalling” and “offensive.”

Photo Credit: Getty Images
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<![CDATA[NJ Clinical Lab Hack Exposes Personal Health Info of 34,000]]> Tue, 13 Dec 2016 06:34:47 -0600 http://media.nbcchicago.com/images/213*120/Quest+Diagnostics_21789268.jpg
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 by the third party "included names, dates of birth, lab results and, in some instances, phone numbers."]]>
<![CDATA[New Starbucks Reserve Opening In Wrigley Office Building]]> Fri, 09 Dec 2016 18:20:19 -0600 http://media.nbcchicago.com/images/213*120/Starbucks-Storefront.jpg
A new upscale Starbucks Reserve is set to open in the Wrigley Field office building complex next year.]]>
<![CDATA[Delta Latest Airline to Upgrade Its Snacks]]> Fri, 09 Dec 2016 08:14:05 -0600 http://media.nbcchicago.com/images/213*120/delta-snacks.jpg
If it's true that an army travels on its stomach, will better snacks keep passengers loyal to one airline? Delta Air Lines is rolling out new free snacks for customers in the main cabin, including brand-name yogurt bars and pretzels. Some will come in larger portions than before because, Delta has figured out, that's what customers crave. The menu move comes about a year after United Airlines brought back free snacks by offering noshes like stroopwafels — a gooey Dutch confection — and better coffee. Earlier this year, American Airlines restored free snacks on domestic flights. Airline executives say they're focusing on both big and little things in the battle for customers.

Photo Credit: AP]]>