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

Chicago Business News - Money, Financial & Corporate News

Tuesday, Jan 16, 2018 at 04:35 PM CST

Facebook a ‘Living, Breathing Crime Scene': Tech Ethicist

Facebook a ‘Living, Breathing Crime Scene': Tech Ethicist

Facebook announced last week that it would start prioritizing “meaningful posts from friends and family in News Feed” with less content from pages, publishers and brands. But former Facebook employees told NBC...

Tuesday, Jan 16, 2018 at 03:17 PM CST

Watchdog: Foreign Groups Among Spenders at Trump Properties

Watchdog: Foreign Groups Among Spenders at Trump Properties

More than 60 groups, including foreign governments, political campaigns and business organizations, spent money at Trump-branded properties across the U.S. last year, according to a report Tuesday by a watchdog...

Friday, Jan 19, 2018 at 01:12 AM CST

NBC Close to Selling Out Super Bowl Ads

NBC Close to Selling Out Super Bowl Ads

NBC has less than 10 ad spots left to sell a little less than a month ahead of Super Bowl 52, the network says. Ads are going for slightly more than $5 million per 30-second spot. The big game, which is as...

Tuesday, Jan 16, 2018 at 12:59 PM CST

Nestle Selling US Candy Business for $2.8 Billion

Nestle Selling US Candy Business for $2.8 Billion

Swiss food and drink giant Nestle is selling its U.S. candy business to Italy's Ferrero for about $2.8 billion in cash. Ferrero will take over iconic chocolate brands Butterfinger and Crunch bars, as well as the...

Tuesday, Jan 16, 2018 at 10:17 AM CST

CVS Pharmacy Promises to End Touchups of Its Beauty Images

CVS Pharmacy Promises to End Touchups of Its Beauty Images

Pharmacy giant CVS announced Monday that it would ban touchups of images for beauty products from its stores, websites, social media and marketing materials. "We all want to be reflected in a true fashion,...

Friday, Jan 12, 2018 at 11:07 PM CST

Supreme Court Agrees to Consider Internet Sales Taxes

Supreme Court Agrees to Consider Internet Sales Taxes

The Supreme Court said Friday it will decide whether states should be able to collect sales taxes for online purchases, a move that would raise costs for consumers while generating more money for local...

Friday, Jan 12, 2018 at 10:45 PM CST

Bezos to Give $33M in College Scholarships to DACA Students

Bezos to Give $33M in College Scholarships to DACA Students

Amazon founder and CEO Jeff Bezos and his wife, MacKenzie, announced Friday that they will donate $33 million to help young undocumented immigrants who had obtained DACA status to pay for college, NBC News...

Friday, Jan 12, 2018 at 06:23 AM CST

Facing Critics, Facebook Wants Feeds to Be More 'Meaningful'

Facing Critics, Facebook Wants Feeds to Be More 'Meaningful'

Facebook is tweaking what people see to make their time on it more "meaningful" in a move that could hurt publishers and news organizations that rely on it to spread their content. Facebook has said before that...

Thursday, Jan 11, 2018 at 11:49 AM CST

Circuit City Set to Relaunch Online Next Month

Circuit City Set to Relaunch Online Next Month

Shuttered electronics retailer Circuit City is set to make a comeback next month, at least online, CNBC reported. Its website will relaunch Feb. 15, the company's CEO, Ronny Shmoel, said Monday at the Consumer...

Thursday, Jan 11, 2018 at 10:40 AM CST

Local Governments Won't Say What They're Offering Amazon

Local Governments Won't Say What They're Offering Amazon

State and local governments have been more than happy to play up the amenities they think make their locations the best choice for Amazon's second headquarters. But many of them will not disclose the tax breaks...

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