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

Chicago Business News - Money, Financial & Corporate News

Sunday, Jul 14, 2019 at 02:28 PM CDT

Average US Price of Gas Up By 10 Cents Per Gallon to $2.83

Average US Price of Gas Up By 10 Cents Per Gallon to $2.83

The average U.S. price of regular-grade gasoline has risen by 10 cents per gallon over the past three weeks to $2.83. Industry analyst Trilby Lundberg of the Lundberg Survey says Sunday that crude oil prices...

Monday, Jul 15, 2019 at 12:55 PM CDT

Don’t Make These 6 Common Mistakes on Amazon Prime Day

Don’t Make These 6 Common Mistakes on Amazon Prime Day

Amazon’s Prime Day kicks off at midnight on Monday, July 15. In recent years, Amazon’s Prime Day has become one of the most anticipated sales events of the year for online shoppers looking for deals — and,...

Sunday, Jul 14, 2019 at 05:26 AM CDT

Fact Check: Trump and An Eco Legacy Not His Own

Fact Check: Trump and An Eco Legacy Not His Own

President Donald Trump and his aides this past week celebrated an environmental legacy that is not theirs to claim. In large measure, the progress they cited pre-dates Trump's presidency. And in some of the...

Sunday, Jul 14, 2019 at 12:28 AM CDT

Trump Says He Will Not Impose Quotas on Uranium Imports

Trump Says He Will Not Impose Quotas on Uranium Imports

President Donald Trump says he will not impose quotas on importing uranium, backing away from a possible trade confrontation and breaking with a Commerce Department assessment that America's use of foreign...

Saturday, Jul 13, 2019 at 04:41 PM CDT

More to Come: FTC Fine Doesn't Spell Closure for Facebook

More to Come: FTC Fine Doesn't Spell Closure for Facebook

Facebook may be close to putting a Federal Trade Commission investigation behind it. But it faces a variety of other probes in Europe and the U.S., some of which could present it with even bigger headaches. Wh...

Saturday, Jul 13, 2019 at 01:23 AM CDT

Taiwan Defends US Arms Deal After China Sanctions Threat

Taiwan Defends US Arms Deal After China Sanctions Threat

Taiwan on Saturday defended a proposal to purchase $2.2 billion in arms from the U.S., following a Chinese announcement that it would sanction any American companies involved in the deal. U.S. weapons help...

Friday, Jul 12, 2019 at 11:01 PM CDT

Heating Up: Pepper Grower Awarded $23.3 Million in Sriracha Lawsuit

Heating Up: Pepper Grower Awarded $23.3 Million in Sriracha Lawsuit

A jury has awarded $23.3 million to a California pepper maker in a fiery battle with the manufacturer of world-famous Sriracha hot sauce. Jurors last week determined that Huy Fong Foods breached its contract...

Saturday, Jul 13, 2019 at 06:36 AM CDT

Reports: Facebook Faces $5B FTC Fine, Largest Ever in Tech

Reports: Facebook Faces $5B FTC Fine, Largest Ever in Tech

At $5 billion, the fine the U.S. Federal Trade Commission is about to levy on Facebook is by far the largest it's given to a technology company, easily eclipsing the second largest, $22 million for Google in...

Friday, Jul 12, 2019 at 11:06 AM CDT

California's Black Market for Weed Threatens Legal Businesses

California's Black Market for Weed Threatens Legal Businesses

The parking lot outside a stark-looking dispensary on a busy Los Angeles street is almost full on a weekday afternoon. Inside, jars of weed line the shelves behind a counter and colorful signs show prices....

Thursday, Jul 11, 2019 at 10:58 PM CDT

Charming Charlie Will Close All 261 Stores in US

Charming Charlie Will Close All 261 Stores in US

The retail depression is claiming another victim. Charming Charlie, the accessories store known for organizing its purses, jewelry and apparel by color instead of category, filed for bankruptcy on Thursday for...

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