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

Chicago Business News - Money, Financial & Corporate News

Thursday, May 31, 2018 at 03:26 PM CDT

Sears to Close 72 More Stores Amid Financial Struggles

Sears to Close 72 More Stores Amid Financial Struggles

Sears Holdings announced Thursday that it will close 72 more stores in 2018, CNBC reported. The announcement comes as its same-store sales continue to decline at a double-digit percentage rate. Sears said it...

Wednesday, May 30, 2018 at 03:07 PM CDT

Reversal: Consumer Reports Now Recommends Tesla Model 3

Reversal: Consumer Reports Now Recommends Tesla Model 3

A wireless update of antilock braking software improved the stopping distance of Tesla's electric Model 3, prompting Consumer Reports to reverse course and give the car its "Recommended Buy" rating. The...

Thursday, May 31, 2018 at 04:19 AM CDT

Walmart Offers Employees New Perk: Cheap Access to College

Walmart Offers Employees New Perk: Cheap Access to College

Walmart is offering its employees a new perk: affordable access to a college degree. America's largest private employer, which in the past has helped its workers get their high school or equivalency degrees,...

Wednesday, May 30, 2018 at 05:19 AM CDT

Need an Entry-Level Job at a Store? It Can Be Harder Now

Need an Entry-Level Job at a Store? It Can Be Harder Now

Getting a job at a store or fast-food restaurant — often a way into the economy for an unskilled worker — used to be as simple as walking up and down the mall and applying. Now, with store chains closing and...

Monday, May 28, 2018 at 10:53 PM CDT

Starbucks Training a First Step in Confronting Bias: Experts

Starbucks Training a First Step in Confronting Bias: Experts

Starbucks, trying to put to rest an outcry over the arrest of two black men at one of its stores, is closing more than 8,000 stores for an afternoon of anti-bias training, a strategy some believe can keep racism...

Monday, May 28, 2018 at 09:29 PM CDT

China Approves 13 New Ivanka Trump Trademarks in 3 Months

China Approves 13 New Ivanka Trump Trademarks in 3 Months

Ivanka Trump's brand continues to win foreign trademarks in China and the Philippines, adding to questions about conflicts of interest at the White House, The Associated Press has found. On Sunday, China...

Sunday, May 27, 2018 at 07:22 AM CDT

Sephora Offers Free Makeup Classes for Transgender Community

Sephora Offers Free Makeup Classes for Transgender Community

Sephora announced earlier this week that it will begin offering makeup classes geared toward transgender and gender-nonbinary individuals at its locations across the United States, NBC News reported. The beauty...

Thursday, May 24, 2018 at 01:51 PM CDT

Target Announces Three New Brands Debuting This Summer

Target announced this week that it plans to launch three new brands in the coming...View gallery

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  • target new brand 3
Thursday, May 24, 2018 at 05:44 AM CDT

Harley-Davidson Plant Closure Stuns Workers After Tax Cuts

Harley-Davidson Plant Closure Stuns Workers After Tax Cuts

Employees at Harley-Davidson's Kansas City, Missouri, plant were shocked in January when the company announced that the plant would close next year, NBC News reported. Operations are being moved to the...

Wednesday, Jun 13, 2018 at 04:44 PM CDT

Comcast Announces Plan to Outbid Disney for Fox Assets

Comcast Announces Plan to Outbid Disney for Fox Assets

Comcast announced Wednesday that it is preparing to trump Disney's $52.4-billion stock bid to acquire much of Rupert Murdoch's 21st Century Fox, NBC News reported. Comcast, which owns NBCUniversal, the...

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