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2017年12月26日 星期二

Streaming goes mainstream | Holiday spending continues | Trade wars heat up

The most complete business news and market update, delivered weekdays after the closing bell.

Chicago Tribune

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December 26, 2017

chicagotribune.com

BizWrap

Streaming becomes mainstream as cord-cutting accelerates

Tuesday, Dec 26

Cord-cutting reached critical mass in 2017 as millions jettisoned traditional cable service for streaming video platforms such as SlingTV, PlayStation Vue and Hulu

Holidays have passed, but spending season continues

Sales, excluding automobiles, were up 4.9 percent between Nov. 1 and Christmas Eve, the largest year-over-year increase since 2011, according to Mastercard SpendingPulse, which tracks online and in-store spending.

America's trade wars are heating up, as more U.S. companies sue for relief

U.S. companies are bringing new trade lawsuits against their foreign competitors with a scope and frequency not seen in more than 15 years, government documents show.

United apologizes to passenger who says U.S. representative got her seat

United Airlines has apologized and given a $500 voucher to a passenger who accused the airline of giving her first-class seat to U.S. Rep. Sheila Jackson Lee.

U.S. home prices surged 6.2 percent from a year ago

Prices are rising at more than double the pace of wage growth, creating some affordability pressures that have been offset by relatively low mortgage rates.

Craft beer, retail, finance among industry that will benefit from new tax law

The tax measure that President Donald Trump signed into law Friday distributes benefits across a range of American industries, from construction to health care.

Blockchain pumping new life into old-school companies like IBM

IBM was one of the first big companies to see blockchain's promise, contributing code to an open-source effort and encouraging startups to try the technology on its cloud for free.

North Side home that Jake Arrieta rented sells for $1.775 million

The six-bedroom, 5,110-square-foot house in the Graceland West neighborhood that Cubs starting pitcher Jake Arrieta and his family rented during the 2017 season sold Friday for $1.775 million.

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