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2018年2月16日 星期五

Rauner's job creation claims | Chicago's first bitcoin fraud case | Facebook app for kids

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

Chicago Tribune

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February 16, 2018

chicagotribune.com

BizWrap

SEC kills Chinese-linked takeover of Chicago Stock Exchange

Friday, Feb 16

U.S. regulators rejected a bid by a Chinese-linked consortium to take over the Chicago Stock Exchange, extinguishing an ambitious dream of starting an international listing venue from a minuscule market.

Gov. Rauner says Illinois falls short on job creation. How does the state stack up against its neighbors?

Gov. Bruce Rauner opened his budget address with criticism of Illinois' job growth in relation to its neighbors. Does the state lag other Midwest states?

Chicago trader is accused of stealing $2 million in cryptocurrency in city's first bitcoin fraud case

A young Chicago trader is accused of stealing $2 million in bitcoin and another cryptocurrency from his employer to cover personal trading losses.

CME Group legend Leo Melamed, who modernized Chicago trading, is retiring: 'Risk was really a part of my being'

ROBERT REED: He fled the Nazis, had a successful law career and revolutionized futures trading. Now Leo Melamed, the longtime CME chairman emeritus, is looking forward to his next act: retirement.

Kraft Heinz teases possibility of a deal as U.S. sales decline

Kraft Heinz wants to be a force for consolidation in the food industry. Investors are waiting for that to happen.

Facebook forges ahead with kids app despite expert criticism

Facebook is forging ahead with its messaging app for kids, despite child experts who have pressed the company to shut it down and others who question Facebook's financial support of some advisers who approved of the app.

Olympics stars are changing the sponsorship game

A gold medal used to be the golden ticket for lucrative endorsements — think Mary Lou Retton on a Wheaties box. But in the age of social media, athletes are making a name for themselves well ahead of time.

Remington's bankruptcy may be the tip of the iceberg as 'fear-based' purchases stall

With Donald Trump in the Oval Office, fear of new gun laws has receded, industry executives said. And so have sales, hurting both retailers and manufactures such as Remington.

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