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Chicago Business News - Money, Financial & Corporate News

Monday, Oct 30, 2017 at 04:12 PM CDT

Fancy Suits at Center of Ex-Trump Campaign Chief Charges

Fancy Suits at Center of Ex-Trump Campaign Chief Charges

At $7,500 apiece, the handmade custom suits former Donald Trump campaign chairman Paul Manafort wore were meant to dazzle and impress. An indictment unsealed Monday detailing conspiracy and money laundering...

Friday, Oct 27, 2017 at 05:08 PM CDT

Facebook Announces New Ad Transparency Before Russia Hearing

Facebook Announces New Ad Transparency Before Russia Hearing

Under pressure in advance of hearings on Russian election interference, Facebook is moving to increase transparency for everyone who sees and buys political advertising on its site. Executives for the social...

Friday, Oct 27, 2017 at 04:13 PM CDT

Barbie's World Shaken by Toys R Us Bankruptcy

Barbie's World Shaken by Toys R Us Bankruptcy

There's some trouble in toyland, and companies are blaming Toys R Us. Mattel, the maker of Barbie dolls and Hot Wheels cars, reported disappointing third-quarter results late Thursday and said it was hurt by...

Friday, Oct 27, 2017 at 02:08 PM CDT

Jeff Bezos Is Now the Richest Man in the World With $90 Billion

Jeff Bezos Is Now the Richest Man in the World With $90 Billion

Jeff Bezos became the richest man in the world Friday morning, after adding nearly $7 billion to his wealth overnight. With Amazon's share price surging Friday morning after its earnings report, Bezos's wealth...

Wednesday, Oct 25, 2017 at 06:07 PM CDT

Premiums Rising 34 Pct. for Most Popular Health Plan: Study

Premiums Rising 34 Pct. for Most Popular Health Plan: Study

Premiums for the most popular "Obamacare" plans are going up an average of 34 percent, according to a study out Wednesday that confirms dire predictions about the impact of political turmoil on consumers. Wind...

Thursday, Oct 26, 2017 at 02:49 PM CDT

Walgreens to Stock Stores Nationwide With Narcan Nasal Spray

Walgreens to Stock Stores Nationwide With Narcan Nasal Spray

Walgreens announced this week that it plans to stock all of its stores across the US with Narcan as the nation's opioid epidemic reaches new levels.

Wednesday, Oct 25, 2017 at 09:23 AM CDT

White House Welcomes Senate Vote Killing Consumer Rule

White House Welcomes Senate Vote Killing Consumer Rule

The White House is welcoming a congressional measure killing the ability of millions of Americans to band together to sue bank or credit card companies to resolve financial disputes in a major win for Wall...

Tuesday, Oct 24, 2017 at 06:21 PM CDT

Calls for Probe After Zinke Neighbor Gets PR Power Contract

Calls for Probe After Zinke Neighbor Gets PR Power Contract

Members of Congress from both parties on Tuesday called for an investigation into a $300 million contract awarded to a small company based in Interior Secretary Ryan Zinke's hometown of Whitefish, Montana. The...

Tuesday, Oct 24, 2017 at 03:17 PM CDT

Twitter to Start Labeling Political Ads

Twitter to Start Labeling Political Ads

As political pressure mounts on social media companies to say where ads are coming from, Twitter will reveal more information about political advertising on its platform. Twitter said in a blog post on...

Tuesday, Oct 24, 2017 at 11:03 AM CDT

Puerto Rico Tourism Craters in Wake of Hurricane Maria

Puerto Rico Tourism Craters in Wake of Hurricane Maria

The narrow blue cobblestone streets of Old San Juan are deserted. Cigar shops are boarded up. Boutiques in bright colonial buildings are closed. "It's like a ghost town," said Mike Maione, a 57-year-old tourist...

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