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

Chicago Business News - Money, Financial & Corporate News

Sunday, May 26, 2019 at 03:40 PM CDT

Auction of Private Meal With Warren Buffett Starts Sunday

Auction of Private Meal With Warren Buffett Starts Sunday

Billionaire Warren Buffett is again auctioning off a private lunch to raise money for a California homeless charity. The online auction begins Sunday evening and runs all week. It will be the 20th time Buffett...

Sunday, May 26, 2019 at 07:09 PM CDT

No Evidence Beyond Meat Healthier Than Real Meat: Expert

No Evidence Beyond Meat Healthier Than Real Meat: Expert

Talk about mystery meat. As plant-based protein makers like Impossible Foods and the newly public Beyond Meat take the food industry by storm, the question of whether their products are better for consumers...

Saturday, May 25, 2019 at 06:51 PM CDT

Botched Your Tax Withholding in 2018? It's About to Get More Complicated

Botched Your Tax Withholding in 2018? It's About to Get More Complicated

Fine-tuning your tax withholding is about to get a little more complicated. The Internal Revenue Service is expected to release a draft of its new Form W-4, the form employees use to adjust the amount of income...

Saturday, May 25, 2019 at 03:12 AM CDT

Young Homebuyers Scramble as Prices Rise Faster Than Incomes

Young Homebuyers Scramble as Prices Rise Faster Than Incomes

For millennials looking to buy their first home, the hunt feels like a race against the clock. In the seven years since the housing crash ended, home values in more than three-quarters of U.S. metro areas have...

Friday, May 24, 2019 at 07:20 PM CDT

Sears Pins Future on Stores Selling Appliances, Mattresses

Sears Pins Future on Stores Selling Appliances, Mattresses

Like many suburban shopping areas, Overland Park, Kansas, has a Whole Foods grocery store and a Cheesecake Factory. Now, it's among the first to have a Sears Home & Life store. For five decades, from 1967 to...

Friday, May 24, 2019 at 05:58 PM CDT

United Airlines Extends Cancellation of Boeing Max Flights

United Airlines Extends Cancellation of Boeing Max Flights

United Airlines is canceling another month's worth of flights with Boeing 737 Max planes that were grounded after two deadly accidents. United said Friday it has removed the Max from its schedule through Aug. 3...

Friday, May 24, 2019 at 02:06 PM CDT

Nike Cancels Puerto Rico-Homage Sneaker With Panama Design

Nike Cancels Puerto Rico-Homage Sneaker With Panama Design

Nike won't release a version of its Air Force 1 shoe meant to celebrate Puerto Rico, after an indigenous group in Panama objected to one of its traditional designs being used on the sneaker. The company said in...

Friday, May 24, 2019 at 07:22 AM CDT

Soaring Gasoline Prices Peak Just in Time for Memorial Day Weekend

Soaring Gasoline Prices Peak Just in Time for Memorial Day Weekend

The biggest U.S. gasoline price surge in years is running out of steam just in time for the start of the summer driving season. Heading into Memorial Day, the national average gasoline price is coming off the...

Thursday, May 23, 2019 at 10:42 PM CDT

FAA Chief Upbeat About Prospects for Boeing 737 Max's Return

FAA Chief Upbeat About Prospects for Boeing 737 Max's Return

After an all-day meeting with global aviation regulators, the chief of the Federal Aviation Administration sounded more upbeat than ever about prospects for clearing the troubled Boeing 737 Max to fly again....

Thursday, May 23, 2019 at 03:56 PM CDT

Company Backed by Elon Musk Gets Contract for Self-Driving Transit System

Company Backed by Elon Musk Gets Contract for Self-Driving Transit System

A company backed by tech billionaire Elon Musk has been awarded a nearly $49 million contract to build a transit system using self-driving vehicles underneath the Las Vegas Convention Center. The board of...

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