Thursday, August 25, 2011

Dow down 170 | Tolls nearly doubled | Buffett bolsters BofA | Cheney expects 'heads exploding' | Escalades most stolen

 Thursday, Aug. 25, 2011 • chicagotribune.com business newsletter
By Margaret O'Brien, BizWrap columnist

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CLOSING BELL
DJIA 11,149.82 +170.89 | NDQ 2,419.63 +48.06 | S&P 1,159.27 +18.33

Traders were quick to sell ahead of a keenly awaited address by Federal Reserve Chairman Ben Bernanke tomorrow: MORE>>



TOP BUSINESS NEWS
Warren Buffett's Berkshire Hathaway investing $5 billion in struggling Bank of America: MORE>>

jjChicago-area foreclosure sales fall in second quarter: MORE>>
 • U.S. foreclosure sales six times higher than normal: MORE>>
 • Some due money in Cook County after property foreclosed: MORE>>
 • The average 30-year mortgage climbs from low to 4.22 percent: MORE>>

Apple shares shake off initial drop to dip just 1 percent after news of Steve Jobs' departure: MORE>>
 • Photos: Steve Jobs through the years: MORE>>

Baxter paying $380 million cash for drug delivery company: MORE>>

Normal Mitsubishi plant ending production of three models: MORE>>
 • GM, LG to work together to develop electric vehicles: MORE>>

Five Chicagoans land on Forbes' list of the "100 Most Powerful Women": MORE>>

Cadillac Escalade again the car most likely to be stolen: MORE>>

LATEST BUSINESS NEWS >> | SEND US A NEWS TIP >>


TALKING BUSINESS
"Right now I have my job back ... I can keep my earrings," said Wheaton Dominick's worker Mark Edward, who turned to the Problem Solver after he was fired this month for wearing earrings to work, even though he has done so for 24 years: MORE>>


IN OTHER NEWS
jjThe Illinois Tollway board approved a plan that would nearly double tolls to pay for repairs, expansion: MORE>>
 • Poll: Move not popular with our online voters: MORE>>
 • Why they're doing it: MORE>>
 • Quinn defends hike: MORE>>

Woman who recorded Chicago police acquitted of felony eavesdropping charge: MORE>>

Wisconsin Supreme Court Justice David Prosser won't face criminal charges over allegations that he choked a liberal colleague: MORE>>

Hurricane Irene washed away homes in the Bahamas and headed toward North Carolina: MORE>>


Dick Cheney says memoir will have "heads exploding": MORE>>

Police: Mother pushed 7-month-old son off hospital parking structure, got validation before fleeing scene: MORE>>
 • Couple gets 12 years after their python eats their toddler: MORE>>
 • Austrian abused daughters for four decades, police say: MORE>>

Battle erupts between Libyan rebels and Gadhafi loyalists: MORE>>
 • Photo album of Condoleezza Rice found in compound: MORE>>

Vaccines largely safe
, U.S. panel of experts finds: MORE>>

LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
Chicago architects have left their imprint on banks throughout the Midwest. See how in Cityscapes: MORE>>


SPORTS FIX

MLB commissioner says he likes the way Tom Ricketts is running the Cubs: MORE>>

Danica Patrick leaving IndyCar for NASCAR: MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
jj"Our Idiot Brother," puts the fun in dysfunction, says critic Michael Phillips: MORE>>

Megan Fox removing "regrettable" Marilyn Monroe tattoo because of the negative energy: MORE>>

Jim Carrey woos Emma Stone with online video. Says he'd want to have "chubby, freckle-faced kids" with her if he was younger: MORE>>

Paris Hilton's 15 minutes finally winding down: MORE>>



HEADED OUT?
Traffic | See current information on area highways, buses, trains and planes on our commuting page: MORE>>

Weather |
Generous sunshine and low humidities. High of 76. See our weather page with radar and Tom Skilling's seven-day forecast: MORE>>



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LATEST CHICAGO BUSINESS HEADLINES
 • Delta places $8.5B order for 100 Boeing planes
 • Fortune Brands sets spinoff date
 • Facebook introduces photo filters
 • Jobless rate holds at 10.5 percent in Chicago
 • RIM rallies on song service post-Jobs
 • ComEd faces more frustrated people in Glenview

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