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

Chicago Business News - Money, Financial & Corporate News

Monday, Nov 26, 2018 at 12:42 PM CST

Supreme Court Justices Skeptical of Apple in App Store Case

Supreme Court Justices Skeptical of Apple in App Store Case

The Supreme Court seemed ready Monday to allow a lawsuit to go forward that claims Apple has unfairly monopolized the market for the sale of iPhone apps. The court heard arguments in Apple's effort to shut down...

Monday, Nov 26, 2018 at 06:48 PM CST

GM to Lay Off Up to 14K Workers, Close as Many as 5 Plants

GM to Lay Off Up to 14K Workers, Close as Many as 5 Plants

General Motors will cut up to 14,000 workers in North America and put five plants up for possible closure as it abandons many of its car models and restructures to focus more on autonomous and electric vehicles,...

Sunday, Nov 25, 2018 at 10:55 AM CST

Black Friday Pulled in Record $6.22B in Online Sales

Black Friday Pulled in Record $6.22B in Online Sales

More shoppers turned to the internet for deals to kick off the holiday shopping season, new data showed Saturday, buying everything from apparel to flat-screen TVs and spending record amounts in the process. B...

Saturday, Nov 24, 2018 at 06:21 PM CST

Small Business Saturday Across the Country

Small Business Saturday Across the Country

When consumers shop small this Saturday, it’s a big deal for locally-owned businesses that thrive from the support on this day and, really, year-round. American Express launched Small Business Saturday in 2010...

Saturday, Nov 24, 2018 at 12:41 PM CST

Lord & Taylor Prepares to Say Goodbye to Fifth Avenue Store

Lord & Taylor Prepares to Say Goodbye to Fifth Avenue Store

For generations, the lavish, theatrical holiday displays in the windows of the Lord & Taylor on Fifth Avenue helped define Christmas in New York. This Christmas season, the most notable decorations at the...

Saturday, Nov 24, 2018 at 10:47 AM CST

Small Business Saturday by the Numbers: 67M Expected to Shop

Small Business Saturday by the Numbers: 67M Expected to Shop

Almost before the leftover turkey is put away into Tupperware, the holiday shopping season is fully underway. But now, popular shopping day Black Friday has to share the spotlight with its relatively new...

Wednesday, Nov 28, 2018 at 10:02 AM CST

Why Online Shoppers May See More Sales Tax This Season

Why Online Shoppers May See More Sales Tax This Season

Shoppers heading online to purchase holiday gifts will find they're being charged sales tax at some websites where they weren't before. The reason: the Supreme Court. A June ruling gave states the go-ahead...

Saturday, Nov 24, 2018 at 07:58 AM CST

What the Federal Report Says on Climate Change and Economy

What the Federal Report Says on Climate Change and Economy

The United States is already feeling the heat from climate change — and the damage could cost hundreds of billions of dollars by the end of the century if more preventive measures aren't taken now, a new federal...

Friday, Nov 23, 2018 at 01:44 PM CST

Adults Want Cozy, Kids Want Gross: 4 Holiday Trends to Watch

Adults Want Cozy, Kids Want Gross: 4 Holiday Trends to Watch

Cozy sweaters and soft pajamas are in for adults. Kids, meanwhile, are asking for board games featuring fake poop and pimples. Those are just some of the trends expected this holiday season, when shoppers...

Friday, Nov 23, 2018 at 01:03 PM CST

GM Under Investigation for Faulty Brake Vacuum Pumps

GM Under Investigation for Faulty Brake Vacuum Pumps

The U.S. government is investigating more than 100 complaints of poor brake performance on 2.7 million General Motors big pickups and SUVs. The National Highway Traffic Safety Administration says a brake vacuum...

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