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2018年1月23日 星期二

Bank of America ends free checking option | Birth rate, diaper sales drop | Chase raises

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

Chicago Tribune

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January 23, 2018

chicagotribune.com

BizWrap

Bank of America ends popular free checking option, causing customer uproar

Tuesday, Jan 23

The move leaves few option for low income consumers of big banks that either aren't able to keep much money in their checking accounts or don't use direct deposit.

What worries economists? 'When people aren't worried.' Maybe it's time to worry a little.

ROBERT REED: Most of us are focused on our own fortunes, not the state of the economy. Meanwhile, business leaders, along with policymakers, tend to let the good times roll until they come to screeching halt.

P&G CEO says company working to stop 'Tide pod challenge'

Procter & Gamble says it's working to stop the "Tide Pod challenge," a social media-fueled trend in which teenagers eat single-load laundry detergent packets.

Huggies maker Kimberly-Clark to cut 5,000 jobs on sluggish sales as birth rate falls

Kimberly-Clark is cutting 5,000 to 5,500 jobs, or 12 percent to 13 percent of its workforce, as the consumer products company tries to lower costs.

Chase employees in Chicago are getting a raise

JPMorgan announced Tuesday that it will boost wages, open new branches and hire thousands of new workers, citing improved economic performance and sweeping changes to the U.S. tax code.

Claire's hires investment bank to help address debt

Claire's Stores hired investment bank Lazard to help address hefty debts.

Gun industry gathers just a few miles from mass shooting

The gun industry is holding its biggest annual trade show this week just a few miles from where a gunman slaughtered 58 concertgoers outside his high-rise Las Vegas hotel room.

Hush money President Trump's lawyer allegedly paid porn star Stormy Daniels broke election laws, new complaint charges 

Complaints against Trump's campaign, charges his lawyer's payment of hush money to a porn star who allegedly had an affair with Trump broke election laws.

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