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Chicago Business News - Money, Financial & Corporate News

Wednesday, Jun 5, 2019 at 05:41 PM CDT

Cuba Restrictions Hit Cruise Lines at the Start of Summer

Cuba Restrictions Hit Cruise Lines at the Start of Summer

The Trump administration's new restrictions on travel to Cuba will sting the cruise industry, taking away a new and increasingly popular destination at the start of the critical summer vacation season. Major...

Wednesday, Jun 5, 2019 at 09:49 AM CDT

Boeing’s Rocky Road to Win Back Trust After Deadly 737 Max Crashes: ‘We Know We Have Work to Do’

Boeing’s Rocky Road to Win Back Trust After Deadly 737 Max Crashes: ‘We Know We Have Work to Do’

After two deadly crashes, Boeing is scrambling to convince regulators to allow its cash cow, the 737 Max, back in the air. Rebuilding trust with the public will be even trickier. Aviation authorities worldwide...

Wednesday, Jun 5, 2019 at 08:07 AM CDT

SEC Moving to Require Brokers to Reveal Conflicts for Advice

SEC Moving to Require Brokers to Reveal Conflicts for Advice

Federal regulators are moving to require that brokers provide their customers with detailed disclosures of their potential conflicts of interest when dispensing advice for retirement planning and other...

Wednesday, Jun 5, 2019 at 06:39 AM CDT

Sephora Closes US Stores for Diversity Training

Sephora Closes US Stores for Diversity Training

Sephora is closing its U.S. stores for an hour Wednesday morning to host "inclusion workshops" for its 16,000 employees, just over a month after R&B star SZA said she had security called on her while shopping at...

Tuesday, Jun 4, 2019 at 04:45 PM CDT

Is 'Big Tech' Too Big? A Look at Growing Antitrust Scrutiny

Is 'Big Tech' Too Big? A Look at Growing Antitrust Scrutiny

Is Big Tech headed for a big breakup? The U.S. Justice Department and the Federal Trade Commission are moving to investigate Google, Facebook, Amazon and Apple over their aggressive business practices, and the...

Tuesday, Jun 4, 2019 at 06:15 AM CDT

CVS Announces Further Expansion Into Health Care Services

CVS Announces Further Expansion Into Health Care Services

CVS Health is pushing deeper into health services with plans to add dietitians, medical equipment and space for the occasional yoga class to 1,500 stores over the next few years. The drugstore chain that...

Tuesday, Jun 4, 2019 at 05:14 AM CDT

Carnival Will Pay $20M Over Pollution From Its Cruise Ships

Carnival Will Pay $20M Over Pollution From Its Cruise Ships

Carnival Corp. has reached a tentative settlement with federal prosecutors in which the world's largest cruise line agreed to pay $20 million in fines for some of its ships continuing to pollute the oceans...

Monday, Jun 3, 2019 at 04:54 PM CDT

Venice, Budapest Crashes Renew Debate on Cruise Ship Safety

Venice, Budapest Crashes Renew Debate on Cruise Ship Safety

Cruise industry officials long insisted that ship accidents wouldn't happen in Venice's busy Giudecca Canal, saying guiding tugboats and technology ensured safety. The 65,500-ton cruise ship that crashed into a...

Monday, Jun 3, 2019 at 05:36 PM CDT

House Panel to Probe Market Dominance of Big Tech Companies

House Panel to Probe Market Dominance of Big Tech Companies

Congress will be taking a close look at the power of big tech, NBC News reported. The House Judiciary Committee announced Monday that it will hold a series of hearings as part of a bipartisan investigation into...

Monday, Jun 3, 2019 at 10:39 AM CDT

IKEA Lets You Decorate Your Living Room Like 'Friends'

IKEA Lets You Decorate Your Living Room Like 'Friends'

Ikea put together real life series sets imitating popular television shows like "Friends," "The Simpsons," and "Stranger Things."

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