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

Chicago Business News - Money, Financial & Corporate News

Saturday, Jun 1, 2019 at 02:44 PM CDT

Trump’s Mexico Tariffs Risk Pricing Some Americans Out of Buying a Car

Trump’s Mexico Tariffs Risk Pricing Some Americans Out of Buying a Car

Honda’s head of American operations, Henio Arcangeli, worries that President Donald Trump’s latest proposal to slap a 5% tariff on auto imports from Mexico will price some Americans out of cars just when auto...

Saturday, Jun 1, 2019 at 06:19 PM CDT

Google's Activities Under Scrutiny by US, Europe Regulators

Google's Activities Under Scrutiny by US, Europe Regulators

Google, the tech giant known universally for its search engine, also has fingers in a number of other pies, like online advertising, email messaging and video. That gives U.S. antitrust enforcers, who have...

Saturday, Jun 1, 2019 at 01:30 PM CDT

'The Algorithm Is Our Boss': Uber Drivers Face Long Hours, No Benefits and Sometimes Danger

'The Algorithm Is Our Boss': Uber Drivers Face Long Hours, No Benefits and Sometimes Danger

At 3 a.m., Sonam Lama's alarm goes off. In his house in Queens, New York, while his wife and baby son sleep, he pulls on his clothes and makes coffee. Then he turns on his Uber app and waits. On this morning, a...

Saturday, Jun 1, 2019 at 08:02 AM CDT

US Defense Chief Criticizes China's Tech, Military Ambitions

US Defense Chief Criticizes China's Tech, Military Ambitions

U.S. Acting Defense Secretary Patrick Shanahan on Saturday denounced China's efforts to steal technology from other nations and militarize man-made outposts in the South China Sea as a "toolkit of coercion,"...

Friday, May 31, 2019 at 04:18 PM CDT

Elon Musk’s SpaceX Is Now Worth More Than Tesla

Elon Musk’s SpaceX Is Now Worth More Than Tesla

Elon Musk’s space company, SpaceX, is now worth more than his electric car company, Tesla — at least on paper. SpaceX is valued at $33.3 billion, investors familiar with the company’s latest round told CNBC on...

Friday, May 31, 2019 at 12:16 PM CDT

Here Are the States Where Trump’s Mexico Tariffs Would Hit the Hardest

Here Are the States Where Trump’s Mexico Tariffs Would Hit the Hardest

A handful of U.S. states — including some that will play big roles in the 2020 election — will feel the brunt of the pain from President Donald Trump’s new tariffs on imports from Mexico. On Thursday night,...

Friday, May 31, 2019 at 04:37 PM CDT

Stocks End Rocky Month Lower as Trump Widens Trade War

Stocks End Rocky Month Lower as Trump Widens Trade War

Wall Street is no fan of Tariff Man. The stock market stumbled Friday to its first losing month of 2019 in May, primarily due to President Donald Trump's decision to broadly wield his tariff powers, first...

Friday, May 31, 2019 at 07:37 AM CDT

Ferrari Goes Electric With Its Most Powerful Street-Legal Car Ever: the SF90 Stradale

Ferrari Goes Electric With Its Most Powerful Street-Legal Car Ever: the SF90 Stradale

Ferrari just launched Its most powerful street-legal car ever — a 986 horsepower road bullet with three electric motors. The SF90 Stradale marks Ferrari’s first plug-in hybrid that’s not built for the...

Friday, May 31, 2019 at 07:14 AM CDT

Ben & Jerry's Hopes to Make CBD-Infused Ice Cream

Ben & Jerry's Hopes to Make CBD-Infused Ice Cream

Ben & Jerry's is hoping to jump on the CBD bandwagon with a new idea: CBD-infused ice cream! The company said Thursday that even though the Food and Drug Administration currently prohibits adding cannabidiol...

Thursday, May 30, 2019 at 02:34 PM CDT

KFC Is Considering Plant-Based Fried Chicken But Has No Plans to Test Right Now

KFC Is Considering Plant-Based Fried Chicken But Has No Plans to Test Right Now

KFC is joining the long list of restaurants thinking about adding plant-based meat substitutes to its menu. Kevin Hochman, who heads KFC’s U.S. division, said that the company does not have any plans to...

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