<![CDATA[NBC Chicago - Chicago Business News - Money, Financial & Corporate News]]>Copyright 2016http://www.nbcchicago.com/news/business http://media.nbcbayarea.com/designimages/5-Chicago-Blue.png NBC Chicago http://www.nbcchicago.comen-usWed, 25 May 2016 13:55:18 -0500Wed, 25 May 2016 13:55:18 -0500NBC Owned Television Stations <![CDATA[Sports Authority to Close All of Its Stores]]> Tue, 24 May 2016 10:32:08 -0500 http://media.nbcchicago.com/images/213*120/sports-GettyImages-513328004.jpg
Sports Authority is getting ready to close all of its 463 stores and has launched a big going-out-of-business sale, according to NBC's "Today" show. The chain filed for bankruptcy protection a few months back,...

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<![CDATA[Macy's Forecast Cut Ignites Retail Worries]]> Thu, 12 May 2016 07:37:36 -0500 http://media.nbcchicago.com/images/213*120/GettyImages-530665646.jpg
Macy's reported disappointing quarterly sales Wednesday and slashed its full-year forecast, underscoring a slump in apparel demand at U.S. department stores, NBC News reported.The bleak start to 2016...

Photo Credit: Spencer Platt/Getty Images]]>
<![CDATA[$martMoney]]> Tue, 08 May 2012 09:08:56 -0500
NBC Chicago's series at helping you better manage your money and keep more of it in your pocket.]]>
<![CDATA[Proposed Rule May Allow Class-Action Suits Against Banks]]> Thu, 05 May 2016 17:14:49 -0500 http://media.nbcchicago.com/images/213*120/gavel-generic-stock.jpg
A rule proposed Thursday by the Consumer Financial Protection Bureau may ban mandatory arbitration clauses that prevent consumers from filing class-action lawsuits against their banks and credit card companies...

Photo Credit: Getty Images/iStockphoto]]>
<![CDATA[Ikea Announces Plans for First Wisconsin Location]]> Thu, 05 May 2016 13:21:18 -0500 http://media.nbcchicago.com/images/213*120/GettyImages-536073699.jpg
Ikea has announced plans to open its first store in Wisconsin, expanding the retailer’s presence in the Midwest.

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<![CDATA[Sports Authority to Auction Assets on May 16]]> Mon, 02 May 2016 16:26:15 -0500 http://media.nbcchicago.com/images/213*120/sportsauthorityGettyImages-513327988.jpg
National retail chain Sports Authority's future looks pretty bleak. The company announced in early March that it planned to close 140 of its 463 stores and filed for Chapter 11 bankruptcy protection in...

Photo Credit: Getty Images]]>
<![CDATA[Rovi Buying TiVo in $1.1.B Cash-and-Stock Deal]]> Fri, 29 Apr 2016 07:42:37 -0500 http://media.nbcchicago.com/images/213*120/GettyImages-51921649.jpg
Rovi Corp. said Friday that it will pay $10.70 in cash and stock for each TiVo Inc. share. Rovi will pay $2.75 per share in cash, or about $277 million. The rest, $7.95 per share, will be paid in stock.Once...

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<![CDATA[What To Do If You Are Audited by the IRS]]> Tue, 26 Apr 2016 15:25:01 -0500 http://media.nbcchicago.com/images/213*120/tax+envelope.jpg
You've received a letter from the IRS regarding an audit. Stay calm and assess the situation.

Photo Credit: AP]]>
<![CDATA[DoJ Approves Charter Deal to Buy Time Warner Cable]]> Mon, 25 Apr 2016 18:36:55 -0500 http://media.nbcchicago.com/images/213*120/475414152-charter-communications.jpg
The U.S. Justice Department approved Charter Communications' proposed purchase of Time Warner Cable and Bright House networks on Monday, Reuters reports.The Justice Department valued the purchase of Time...

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<![CDATA[Trans-Alaska Pipeline Resumes Oil Production After Fire ]]> Thu, 21 Apr 2016 19:51:11 -0500 http://media.nbcchicago.com/images/213*120/160421-alaska-pipeline-749p_83a192ebac3e50487de2b8a05858d82a.nbcnews-ux-2880-1000.jpg
The Trans-Alaska Pipeline resumed operations after a fire at a pumping station forced officials to shut it down on Wednesday, according to the company running the system, NBC News reported.An employee noticed...

Photo Credit: Alyeska Pipeline Service Company]]>
<![CDATA[Intel to Cut 12K Jobs, Reducing Workforce by 11 Percent]]> Tue, 19 Apr 2016 16:09:34 -0500 http://media.nbcchicago.com/images/184*120/91022387.jpg
Shares of Intel fell nearly 3 percent after the bell Tuesday as it announced it would cut 12,000 jobs, or 11 percent of its workforce, by 2017, due to restructuring, CNBC reports. Intel, based in Santa Clara,

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<![CDATA[Last-Minute Tax Day Filing: How to Pay Uncle Sam at Deadline]]> Mon, 18 Apr 2016 10:31:04 -0500 http://media.nbcchicago.com/images/210*120/GettyImages-88160312.jpg
Waiting until the last minute to pay your taxes can cost you if you are expecting a refund, since the government hangs on to your money and receives more interest on it. However, if you owe money to the...

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<![CDATA[Wegmans Tops Grocery Store List]]> Thu, 14 Apr 2016 16:40:06 -0500 http://media.nbcchicago.com/images/213*120/wegmans-pub-bar-and-restaur.jpg
Trader Joe's is no longer America's favorite grocery store.Wegmans tops Market Force’s 2016 list of America’s Favorite Grocery Retailers.Market Force, a brand strategy firm, gave the Rochester, New...

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<![CDATA[Why The 2016 Tax Deadline Isn't April 15]]> Thu, 14 Apr 2016 11:04:55 -0500 http://media.nbcchicago.com/images/213*120/irsGettyImages-56043781.jpg
Most people know April 15 as the deadline for submitting personal tax returns, but that's not the case this year. For the 2016 deadline, the Internal Revenue Service has given taxpayers until Monday, April...

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<![CDATA[Zuckerberg Announces Facebook Chatbot Venture]]> Tue, 12 Apr 2016 14:51:09 -0500 http://media.nbcchicago.com/images/211*120/Facebook-generic-1.jpg
Facebook announced Tuesday it will let developers build chatbots – interactive, responsive messaging programs – to communicate directly with people, CNBC reports.The announcement came at its annual F8...

Photo Credit: Bloomberg via Getty Images, File]]>
<![CDATA['Pregnancy Penalty' Can Affect Pay of Women Without Kids]]> Mon, 11 Apr 2016 16:19:54 -0500 http://media.nbcchicago.com/images/213*120/595346485-pregnancy-penalty-file-image.jpg
As women fight what has been an uphill battle for equal pay, they continue to face another exacerbating factor: being penalized for the fact that they could – regardless of whether they will – have children, NBC...

Photo Credit: File – Getty Images/Hero Images]]>
<![CDATA[Navy Pier Summer Job Fair Sells Out]]> Thu, 07 Apr 2016 18:07:31 -0500 http://media.nbcchicago.com/images/213*120/navy+pier+disturbance.jpg
In honor of the iconic landmark turning 100 this summer, Navy Pier hosted a job fair Thursday. In partnership with Bubba Gump Shrimp Co., the job fair featured opportunities with Navy Pier and its partners along...]]>
<![CDATA[Lawsuit Says Starbucks Underfilling Lattes]]> Mon, 04 Apr 2016 14:03:08 -0500 http://media.nbcchicago.com/images/213*120/Starbucks_Latte_511143580.jpg
A lawsuit filed in a Northern California federal court last week accuses Starbucks of deliberately underfilling its latte cups by 25 percent in order to save money, The Seattle Times reported.The suit...

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<![CDATA[Over 200k Orders for New Tesla]]> Sat, 02 Apr 2016 09:29:31 -0500 http://media.nbcchicago.com/images/216*120/AP_508328161795.jpg
The electric car company that drove its loyal fans into a frenzy of anticipation usually associated with iPhones and Xboxes unveiled its new, lower-priced model Friday at an event in Southern California.Some...

Photo Credit: AP
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<![CDATA[Condoms, Sodas and Snacks: Amazon Expands Dash Button Program]]> Thu, 31 Mar 2016 13:42:24 -0500 http://media.nbcchicago.com/images/213*120/Amazon+Dash+Button.jpg
You can now dash for condoms on Amazon.One year after the company unveiled its Amazon Dash Buttons, which allow customers to order goods with the push of a physical button, the company announced Thursday it is...

Photo Credit: Amazon.com]]>
<![CDATA[Chicago Driver Challenges Rejected Pothole Damage Claim]]> Wed, 30 Mar 2016 17:46:51 -0500 http://media.nbcchicago.com/images/213*120/potholer.jpg
A Chicago driver said the city is at fault for damage to her car caused by a pothole. But she said even with a mountain of evidence, the city won’t take the blame.]]>
<![CDATA[How To Collect Class Action Settlement Cash You May Be Owed]]> Mon, 28 Mar 2016 17:59:10 -0500 http://media.nbcchicago.com/images/213*120/money+generic+responds.jpg
“The companies usually want to make the class notice as confusing and complicated as they possibly can,” consumer attorney Stuart Talley said. “They don’t want people to take advantage of the benefits.”]]>
<![CDATA[Spring Break Scams Target Would-Be Vacationers]]> Fri, 25 Mar 2016 18:58:51 -0500 http://media.nbcchicago.com/images/213*120/beachGettyImages-480297417.jpg
Shelly Stamis saw an online advertisement for a vacation home in Florida at only $200 a night, and she figured she had found a solid bargain."We looked at all the pictures, and it was right on the beach,...

Photo Credit: Getty Images/Flickr RF]]>
<![CDATA[Easter Is Like Christmas for Candy Industry]]> Fri, 25 Mar 2016 12:35:03 -0500 http://media.nbcchicago.com/images/213*120/eastercandy.jpg
Easter is the winner when it comes to candy sales in the U.S., CNBC reported.Americans spent over $800 million last year on creme-filled eggs, chocolate rabbits and colored marshmallow Peeps in the week...

Photo Credit: LightRocket via Getty Images]]>
<![CDATA[Starbucks Announces Debut of Pumpkin Spice Latte K-Cups]]> Thu, 24 Mar 2016 12:55:36 -0500 http://media.nbcchicago.com/images/213*120/Starbucks_Pumpkin_Spice_Caffe_Latte_KCup_.JPG
Lovers of Starbucks' seasonal Pumpkin Spice Latte can get their fix without extra-long lines or texting secret passwords for early access.

Photo Credit: Starbucks]]>
<![CDATA[Pay-Per-Article News App Launches in US ]]> Wed, 23 Mar 2016 16:12:17 -0500 http://media.nbcchicago.com/images/213*120/Blendle-AP_1603222133275898.jpg
A news app set will launch on Wednesday in the U.S., with 20 of the country’s largest newspaper and magazine publishers jumping on as partners, according to NBC News.Blendle, created by...

Photo Credit: AP]]>
<![CDATA[Starbucks to Donate More Food to Food Banks]]> Wed, 23 Mar 2016 16:29:35 -0500 http://media.nbcchicago.com/images/213*120/Starbucks_Food_Donation_Program.jpg
The array of Starbucks sandwiches and salads that aren't purchased at the end of the day usually end up in the garbage bin with the rest of the trash, but the Seattle-based coffee company says it's found a...

Photo Credit: Handout via Starbucks]]>
<![CDATA[Chipotle Plans More Free Burritos Amid Declining Sales]]> Fri, 18 Mar 2016 06:39:21 -0500 http://media.nbcchicago.com/images/213*120/Cihpotle.png
Chipotle reportedly announced Wednesday its second effort to bring customers back with a plan to send out 21 million direct-mail free burritos vouchers. The coupon for free food will be good until May 15...

Photo Credit: Getty Images]]>
<![CDATA[Suburban Kohl's Store Among 18 Set to Close Nationwide]]> Thu, 17 Mar 2016 17:28:59 -0500 http://media.nbcchicago.com/images/213*120/kohls+store.jpg
A suburban Kohl’s store is one of 18 the company plans to close in June.]]>