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

Chicago Business News - Money, Financial & Corporate News

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...

Monday, Aug 6, 2018 at 09:10 AM CDT

PepsiCo's Indra Nooyi to Step Down After 12 Years as CEO

PepsiCo's Indra Nooyi to Step Down After 12 Years as CEO

PepsiCo announced that CEO Indra Nooyi will step down after 12 years leading the food and beverage giant. President Ramon Laguarta was elected by the board of directors to succeed her. Laguarta was also...

Monday, Aug 6, 2018 at 05:49 AM CDT

Lifeline for Workers Facing Hardship Between Paychecks

Lifeline for Workers Facing Hardship Between Paychecks

Luis Vazquez and his girlfriend were down to their last $50 after she got sick and had to miss work for a month. He already paid his rent and bills for the month, but without her income the couple couldn't...

Monday, Aug 6, 2018 at 04:58 AM CDT

Jobs Boom Favors Democratic Counties, Not Trump Strongholds

Jobs Boom Favors Democratic Counties, Not Trump Strongholds

The United States is on pace to add about 2.6 million jobs this year under President Donald Trump's watch. Yet the bulk of the hiring has occurred in bastions of Democratic voters rather than in the Republican...

Friday, Aug 3, 2018 at 02:20 PM CDT

Online Furniture Seller Wayfair to Open Brick-and-Mortar Store

Online Furniture Seller Wayfair to Open Brick-and-Mortar Store

Furniture seller Wayfair is following the path of other online retailers by opening an actual store. The company says its first brick-and-mortar location will open by early next year in Florence, Kentucky,...

Friday, Aug 3, 2018 at 10:34 AM CDT

Starbucks, Microsoft Partner to Let Customers Use Bitcoin

Starbucks, Microsoft Partner to Let Customers Use Bitcoin

Starbucks is jumping on the cryptocurrency bandwagon. The Seattle-based coffee giant is working with Microsoft and a leading global exchange on a new digital platform that will allow consumers to use...

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