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

Chicago Business News - Money, Financial & Corporate News

Tuesday, Oct 23, 2018 at 06:21 PM CDT

HOBO Plans Closure of Chicago-Area, Wisconsin Stores

HOBO Plans Closure of Chicago-Area, Wisconsin Stores

A suburban-based home improvement retailer plans to shut down all of its stores in the Chicago area and Wisconsin by the end of the year if it can’t find a buyer.

Tuesday, Oct 23, 2018 at 03:07 PM CDT

Yahoo to Pay $50M, Other Costs for Massive Security Breach

Yahoo to Pay $50M, Other Costs for Massive Security Breach

Yahoo has agreed to pay $50 million in damages and provide two years of free credit-monitoring services to 200 million people whose email addresses and other personal information were stolen as part of the...

Tuesday, Oct 23, 2018 at 09:08 AM CDT

MoviePass to Be Spun Off From Parent Company

MoviePass to Be Spun Off From Parent Company

Ailing movie subscription service MoviePass will be spun off from its parent company, Helios and Matheson, the company announced Tuesday. The new entity, MoviePass Entertainment Holdings, will take over...

Tuesday, Oct 23, 2018 at 03:17 PM CDT

Stocks Roar Back But Still End Day Lower

Stocks Roar Back But Still End Day Lower

Stocks fell on Tuesday as corporate results from Caterpillar and 3M disappointed investors, but the market managed to recover most of its losses later in the session as investors rotated into McDonald’s and...

Tuesday, Oct 23, 2018 at 08:42 AM CDT

Honey Smacks Returns to Shelves With New Recipe After Recall

Honey Smacks Returns to Shelves With New Recipe After Recall

Kellogg's Honey Smacks is returning to shelves following a voluntarily recall after salmonella infected 100 people in 33 states. The company announced on Monday the cereal will return next month in limited...

Monday, Oct 22, 2018 at 01:02 PM CDT

Goldman Sachs, Adviser to the Ultra-Rich, Plans to Offer Wealth Management for the Little Guy

Goldman Sachs, Adviser to the Ultra-Rich, Plans to Offer Wealth Management for the Little Guy

For decades, you had to have at least $10 million for Goldman Sachs to manage your money. Now, the bank is preparing digital wealth management for the little guy. The firm is working on a digital wealth...

Friday, Oct 19, 2018 at 12:24 PM CDT

Home Sales Fell in September to Slowest Pace in 3 Years

Home Sales Fell in September to Slowest Pace in 3 Years

U.S. home sales fell for the sixth straight month in September, a sign that housing has increasingly become a weak spot for the economy. The National Association of Realtors said Friday that sales declined 3.4...

Thursday, Oct 18, 2018 at 02:11 PM CDT

Job Growth is Found to be No Cure for a Community's Poverty

Job Growth is Found to be No Cure for a Community's Poverty

A healthy dose of job growth has long been seen as a likely cure for poverty. But new research suggests that poor Americans are frequently left behind even when their cities or communities benefit from hiring...

Thursday, Oct 18, 2018 at 03:07 PM CDT

Architectural Artifacts Auctioning Off Hundreds of Items

In a two-day sale, Architectural Artifacts will be auctioning off hundreds of its...View gallery

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Thursday, Oct 18, 2018 at 12:44 PM CDT

How to Download a Copy of Everything Apple Knows About You

How to Download a Copy of Everything Apple Knows About You

Apple launched a new privacy website on Wednesday that makes it easier to download a full copy of everything you've stored on the company's servers. You can also delete everything in case you want to move...

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