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

Chicago Business News - Money, Financial & Corporate News

Friday, Nov 24, 2017 at 10:25 PM CST

Bezos Worth Over $100B After Amazon's Black Friday Rally

Bezos Worth Over $100B After Amazon's Black Friday Rally

Amazon CEO and world’s richest person Jeff Bezos is now even richer, according to an estimate Friday by Bloomberg. As CNBC reports, Bezos’ net worth surpassed $100 billion on Friday. Amazon shares hit a record...

Friday, Nov 24, 2017 at 02:15 PM CST

Alabama's Largest Mall Closes Early After Thanksgiving Brawl

Alabama's Largest Mall Closes Early After Thanksgiving Brawl

Shoppers were ushered out of Alabama's largest shopping mall, which closed about 40 minutes early after a brawl broke out the night before Black Friday. AL.com reports that police and firefighters responded...

Thursday, Nov 23, 2017 at 10:46 AM CST

The Last Straw? Uber Loyalists Tested by String of Scandals

The Last Straw? Uber Loyalists Tested by String of Scandals

Uber has managed to hold the title of world's largest ride-hailing service despite its seemingly endless string of scandals. Its latest misbehavior involving a data breach cover-up revealed this week could...

Wednesday, Nov 22, 2017 at 07:12 PM CST

Small Retailers Aim for Emotional Ties Big Chains May Lack

Small Retailers Aim for Emotional Ties Big Chains May Lack

Some smaller retailers will tug at shoppers' heartstrings during the holidays, trying to create an emotional experience or connection that a big national chain might not provide. Store owners are going well...

Wednesday, Nov 22, 2017 at 06:35 PM CST

Trump SoHo to Shed the 'Trump' Amid Reports of Sagging Business

Trump SoHo to Shed the 'Trump' Amid Reports of Sagging Business

The Trump SoHo hotel is dropping the name it shares with the U.S. president. The Trump Organization said Wednesday that it is ending its licensing deal with the New York hotel amid reports that the property has...

Wednesday, Nov 22, 2017 at 04:40 PM CST

Mike Flynn Business Partner Now Subject of Mueller Probe

Mike Flynn Business Partner Now Subject of Mueller Probe

A former business associate of Michael Flynn has become a subject of Special Counsel Robert Mueller's investigation for his role in the failure of Flynn's former lobbying firm to disclose its work on behalf...

Wednesday, Nov 22, 2017 at 03:47 PM CST

Facebook To Let Users Know If They 'Liked' Russian Accounts

Facebook To Let Users Know If They 'Liked' Russian Accounts

Facebook says it will show users if they followed or 'liked' Russia propaganda accounts on its service or on Instagram. The company said Wednesday it will launch a portal to let people see which accounts of the...

Wednesday, Nov 22, 2017 at 02:41 PM CST

At $1 Billion a Day, Online Shopping Has Set New Record

At $1 Billion a Day, Online Shopping Has Set New Record

It's barely Thanksgiving and online shoppers have already spent $28.6 billion shopping online, 18 percent more than they did last year, according to Adobe Analytics. Cyber Monday, the Monday after Thanksgivin...

Wednesday, Nov 22, 2017 at 05:15 AM CST

Toys R Us Cancels Orders Discounted With Coupon Glitch

Toys R Us Cancels Orders Discounted With Coupon Glitch

Many parents were left frustrated and angry Saturday after their Toys R Us purchases were canceled by the company. Some customers shared three coupon codes online that were intended for use by Toys R Us credit...

Wednesday, Nov 22, 2017 at 02:00 AM CST

Meg Whitman Stepping Down as HP Enterprise CEO

Meg Whitman Stepping Down as HP Enterprise CEO

Meg Whitman, who oversaw the breakup of one of Silicon Valley's pioneering companies, is stepping down as CEO of Hewlett Packard Enterprise Co. HPE said Tuesday that Whitman will hand over the reins of the...

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