 | | Monday, Aug. 29, 2011 • chicagotribune.com business newsletter |  |
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CLOSING BELL
DJIA 11,539.25 +254.71 | NSDQ 2,562.11 +82.26 | S&P 1,210.08 +33.28
Relieved investors. Stocks rallied in thin trading after Hurricane Irene caused less damage than expected, and on news of a big Greek bank merger and a rebound in American consumer spending: MORE>>
TOP BUSINESS NEWS
 President Barack Obama hopes labor expert Alan Krueger can help him with sticky jobs situation: MORE>>
• Move comes a day after Obama's approval rating drops to 38 percent, the lowest of his presidency: MORE>>
New Playboy Club to open in Chicago just blocks away from the original: MORE>>
• Photos: Playboy Clubs, then and now: MORE>>
Potential buyers emerge for troubled grocery chain Moo & Oink: MORE>>
Facebook kills off its Groupon competitor: MORE>>
New survey reveals which business-trip fees most employers will (and won't) cover: MORE>>
Nordstrom to begin offering free shipping and returns for all purchases made online: MORE>>
Sprint tells employees to answer iPhone 5 inquiries with "no comment": MORE>>
Dominique Strauss-Kahn to visit IMF to say goodbye: MORE>>
LATEST BUSINESS NEWS >> | SEND US A NEWS TIP >>
TALKING BUSINESS
"(Lagarde's) comments won't help to boost confidence in the international financial system," says German banker Gerhard Hofmann. Europe gave a cool reception to a demand from new IMF head Christine Lagarde to force its banks to bulk up their capital, saying the continent had done enough already: MORE>>
IN OTHER NEWS
 Irene aftermath: Vermont struggles with worst flooding in 80 years: MORE>>
• While New Yorkers ponder whether they overprepared: MORE>>
• NYC Mayor Michael Bloomberg defends mandatory evacuations: MORE>>
We're so used to Michele Bachmann by now that her crazy comment about Hurricane Irene barely surprises us: MORE>>
Some charges dropped against serial killer suspect in downstate Illinois: MORE>>
Colin Powell attacks former Vice President Dick Cheney for "cheap shots" in memoir: MORE>>
Convicted polygamist leader Warren Jeffs hospitalized after not eating or drinking enough in jail: MORE>>
Gadhafi family members reportedly escape to Algeria: MORE>>
LATEST CHICAGO AND NATIONAL NEWS >>
IN THE BLOGOSPHERE
Mayor Rahm Emanuel on Monday demanded standards to ensure that real estate developers that use special taxing districts meet economic development goals. He also criticized how his predecessor, Mayor Richard Daley, handled the much-maligned taxing districts. More from Clout Street: MORE>>
SPORTS FIX
Bears to cut running back Chester Taylor: MORE>>
Paul Konerko to start at first base tonight as the White Sox face Minnesota: MORE>>
As the U.S. Open begins, Business Insider looks at the most outrageous outfits in its history: MORE>>
LATEST SPORTS NEWS >>
OFF THE CLOCK
 Beyonce reveals that she's pregnant at MTV Video Music Awards: MORE>>
• Bruno Mars and Russell Brand pay tribute to Amy Winehouse: MORE>>
• Lady Gaga dresses up as her male alter ego, Jo Calderone: MORE>>
Brad Pitt pulls a Kate Winslet and saves the life of an extra on the set of his new film: MORE>>
Giuliana and Bill Rancic to open Italian restaurant in Chicago: MORE>>
HEADED OUT?
Traffic | See current information on area highways, buses, trains and planes on our commuting page: MORE>>
 Weather | Mostly clear tonight, with lows around 60. Much warmer weather is headed our way later this week. See our weather page with radar and Tom Skilling's seven-day forecast: MORE>>
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