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

Chicago Business News - Money, Financial & Corporate News

Wednesday, Jan 31, 2018 at 06:45 AM CST

The Big Names Behind a New Push to Transform US Health Care

The Big Names Behind a New Push to Transform US Health Care

Three guys walk into a bar. They're Warren Buffett, Amazon.com's Jeff Bezos and JPMorgan Chase's Jamie Dimon. They decide to transform the American health care system. That's probably not how these three men...

Tuesday, Jan 30, 2018 at 11:44 AM CST

Volkswagen Suspends Executive Over Monkey Tests

Volkswagen Suspends Executive Over Monkey Tests

Automaker Volkswagen has suspended its head of external relations and sustainability in response to widespread public criticism over experiments in which monkeys were exposed to diesel exhaust. The company said...

Tuesday, Jan 30, 2018 at 03:04 PM CST

Dow Plunges 337 Points As Stocks Sell-Off Continues

Dow Plunges 337 Points As Stocks Sell-Off Continues

U.S. stocks plunged Tuesday as the first major sell-off of the new year intensified for a second day, CNBC reported. The Dow Jones industrial average dropped 400 points at one point, though it rebounded...

Tuesday, Jan 30, 2018 at 08:43 AM CST

Hurricane María Exposes Problems Within Puerto Rico’s Solar Panel Industry

Hurricane María Exposes Problems Within Puerto Rico’s Solar Panel Industry

Although her solar panels successfully sustained Hurricane María’s winds, Madeline Batista couldn’t turn on her lights, her refrigerator or other appliances that needed electricity. The photovoltaic system,...

Tuesday, Jan 30, 2018 at 07:41 AM CST

9 Ways to Maximize Your Tax Refund

9 Ways to Maximize Your Tax Refund

Do the words "tax return" send shivers down your spine because you always end up with a gigantic headache and little or no tax refund at the end? Maybe the problem is in preparation and planning – or lack of it....

Tuesday, Jan 30, 2018 at 09:07 AM CST

Amazon Teams With Buffett to Tackle Health Care 'Tapeworm'

Amazon Teams With Buffett to Tackle Health Care 'Tapeworm'

Amazon is diving into health care, teaming up with Warren Buffett's Berkshire Hathaway and the New York bank JPMorgan Chase, to create a company that helps their U.S. employees find quality care "at a reasonable...

Monday, Jan 29, 2018 at 07:09 PM CST

Facebook Says News Feed Changes Will Promote More Local News

Facebook Says News Feed Changes Will Promote More Local News

Facebook said Monday that changes it's making to its content-recommendation software will put more local news into users' feeds, CNBC reported. "Today, we're updating News Feed to also prioritize local news so...

Monday, Jan 29, 2018 at 09:33 AM CST

German Automakers Face Heat Over Tests on Monkeys, Humans

German Automakers Face Heat Over Tests on Monkeys, Humans

Public criticism of the German auto industry has escalated on reports that diesel exhaust tests were carried out on both monkeys and humans. The chairman of Volkswagen said Monday that the tests involving...

Monday, Jan 29, 2018 at 04:25 PM CST

Keurig Buying Dr Pepper Snapple to Create a Beverage Giant

Keurig Buying Dr Pepper Snapple to Create a Beverage Giant

Keurig is buying Dr Pepper Snapple Group Inc., creating a beverage giant with about $11 billion in annual sales. The companies, both the result of previous mergers, will bring under one tent global brands like...

Friday, Jan 26, 2018 at 07:53 AM CST

US Economic Growth Slows, But Consumer Spending Surges

US Economic Growth Slows, But Consumer Spending Surges

Economic growth in the United States unexpectedly slowed in the fourth quarter as strong consumer spending resulted in a surge of imports, Reuters reported. Gross domestic product increased at a 2.6 percent...

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