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

Chicago Business News - Money, Financial & Corporate News

Thursday, Aug 9, 2018 at 10:15 AM CDT

Ready to Rent a Home? Beware of These New Scams

Ready to Rent a Home? Beware of These New Scams

Renting an apartment or a single-family home may seem easier than buying one, especially as so much of the process is now streamlined online. Easier, however, isn't always safer. More than 43 percent of...

Thursday, Aug 9, 2018 at 10:14 AM CDT

Rite Aid, Albertsons Call Off Merger Deal Ahead of Vote

Rite Aid, Albertsons Call Off Merger Deal Ahead of Vote

Rite Aid and the grocer Albertsons called off an agreement to become a single company with the deal facing shaky prospects in a shareholder vote. Shares of the drugstore chain plunged after markets opened...

Thursday, Aug 9, 2018 at 09:19 AM CDT

US Producer Prices Flat in July, Restraining Inflation

US Producer Prices Flat in July, Restraining Inflation

U.S. wholesale prices were unchanged in July after two months of large increases, a sign inflation pressures have softened. The Labor Department said Thursday that the producer price index — which measures...

Thursday, Aug 9, 2018 at 12:33 PM CDT

Tribune Pulls Out of $3.9B Buyout by Sinclair Broadcast

Tribune Pulls Out of $3.9B Buyout by Sinclair Broadcast

The $3.9 billion buyout of Tribune Media by Sinclair collapsed Thursday, ending a bid to create a massive media juggernaut that could have rivaled the reach of Fox News. Tribune Media Co. said Thursday that it...

Thursday, Aug 9, 2018 at 05:41 AM CDT

Tesla CEO's Buyout Bid Raises Eyebrows, Legal Concerns

Tesla CEO's Buyout Bid Raises Eyebrows, Legal Concerns

Tesla CEO Elon Musk is seeking relief from the pressures of running a publicly held company with a $72 billion buyout of the electric car maker, but he may be acquiring new headaches with his peculiar handling...

Wednesday, Aug 8, 2018 at 10:07 AM CDT

Tesla Board Evaluating Elon Musk's Desire to Go Private

Tesla Board Evaluating Elon Musk's Desire to Go Private

Members of the Tesla board said Wednesday they have met "several times" to discuss CEO Elon Musk's desire to go private. Musk tweeted Tuesday that he was "considering taking Tesla private" and that he had...

Wednesday, Aug 8, 2018 at 01:35 AM CDT

China's July Exports Accelerate Despite US Tariff Hike

China's July Exports Accelerate Despite US Tariff Hike

China's export growth accelerated in July, showing little impact from a U.S. tariff hike in a spiraling dispute over technology. Sales to the United States rose 13.3 percent over a year earlier. Global exports...

Monday, Aug 6, 2018 at 10:56 PM CDT

See the 2 New Brands Just Launched at Target

Target last week released two new apparel brands, this time designed for "young...View gallery

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Monday, Aug 6, 2018 at 03:42 PM CDT

Automakers in Limbo Over Trump's Mileage Rollback Plan

Automakers in Limbo Over Trump's Mileage Rollback Plan

California will no longer have the authority to set tougher fuel economy standards if the White House plan succeeds. 19 states have already announced plans to challenge the administration in court — leaving...

Monday, Aug 6, 2018 at 11:08 AM CDT

New MoviePass Plan Will Limit Customers to 3 Movies a Month

New MoviePass Plan Will Limit Customers to 3 Movies a Month

MoviePass is again changing the terms of its movie subscription service, announcing Monday that customers will be limited to three movies per month for one fee. Under the service’s new plan, moviegoers can...

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