Tuesday, August 23, 2011

Dow up 322 | Lawsuits in tax battle | S&P president steps down | Tornado conditions | East Coast earthquake

 Tuesday, Aug. 23, 2011 • chicagotribune.com business newsletter
By Margaret O'Brien, BizWrap columnist

BUSINESS ALERTS ON YOUR PHONE
Get alerts about Chicago's biggest business stories sent directly to your phone. Text "chibiz" to 31286 or sign up online: MORE>>



CLOSING BELL
DJIA 11,176.76 +322.11 | NQ 2,446.06 +100.68 | S&P 1,162.34 +35.53

Unshaken by quake, stocks surged with the S&P 500 and the Nasdaq up more than 2 percent, as buyers emerged before an anticipated address by Federal Reserve Chairman Ben Bernanke this week: MORE>>



TOP BUSINESS NEWS
jjChicago and the RTA filed lawsuits against Kankakee and Channahon for millions in lost tax money: MORE>>

Standard & Poor's president steps down after U.S. downgrade: MORE>>

Blue Island's Modern Drop Forge takes incentive to move to Northwest Indiana: MORE>>
 • Lime Energy moving headquarters to North Carolina: MORE>>
 • EMC Corp. to bring 200 jobs to Chicago in next two years: MORE>>

Kraft Foods cuts Maxwell House coffee price by 6 percent: MORE>>

Microsoft claims Motorola violated seven of its patents: MORE>>

Illinois third from the bottom in new building permits: MORE>>
 • U.S. n ew-home sales dip in July: MORE>>

'Dead' Highland Park commodities broker found in Las Vegas after disa
ppearing 32 years ago pleads guilty to identity theft: MORE>>

Groupon CEO Andrew Mason said he plans to marry "dream-pop" musician Jenny Gillespie after Groupon's IPO: MORE>>

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


TALKING BUSINESS
"It is much like an emergency room in our offices during these periods of high volatility," said Casey Mervine, a financial planner in with Charles Schwab in California: MORE>>


IN OTHER NEWS
jjThe National Weather Service has issued a hazardous weather outlook for the Chicago area, warning about isolated tornadoes: MORE>>

Arlington Heights woman charged after allegedly breaking 2-month-old son's legs: MORE>>

The state revoked the licenses of 11 health care workers who previously were convicted of sex offenses: MORE>>

A 5.9 magnitude earthquake
rattled the East Coast from Virginia to Boston: MORE>>
 • Hurricane Irene churning toward the Southeast: MORE>>

Sexual assault case against former International Monetary Fund leader Dominique Strauss-Kahn dropped: MORE>>

Rebels seized Moammar Gadhafi's compound in Tripoli: MORE>>

Most heart attack patients who need angioplasty are getting it within 90 minutes of being admitted to a hospital: MORE>>

LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
The new red colored sweet corn developed from a variety of heirloom seeds, is not the genetically modified corn you may have been hearing about. See in The Stew: MORE>>


SPORTS FIX

Brad Biggs on the 10 things we learned from the Bears' 41-13 loss to the Giants: MORE>>
 • Pages from Packers' special team playbook get loose: MORE>>

Notre Dame's new starting quarterback has the name for it: MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
jjWill Smith and Jada Pinkett Smith separating after 13 years, according to unconfirmed reports: MORE>>

Second City plans upscale theater in Piper's Alley, in former "Tony 'n' Tina's Wedding" space: MORE>>

Amy Winehouse's toxicology report shows no illegal drugs: MORE>>


Rock 'n' roll godfather Jerry Leiber
, the lyricist in the Leiber-Stoller partnership, dies at 78: MORE>>

 • Nickolas Ashford, of Ashford & Simpson, dies at 70: MORE>>


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

Weather |
Potential for strong or severe thunderstorms capable of downpours, hail and gusty winds later this afternoon. See our weather page with radar and Tom Skilling's seven-day forecast: MORE>>



RSS US
You can subscribe to an automatic feed of the latest Chicago Tribune business headlines. View them in your RSS reader or in your browser's tool bar. It's easy, just click here: MORE>>
 
LATEST CHICAGO BUSINESS HEADLINES
 • Cheaper iPhone 4 coming in weeks
 • Redesigned Camry to sell for less
 • Cole Taylor stock continues to fall in summer
 • Bank earnings up, FDIC questions for how long
 • ADM closing soy bean plant in Galesburg
 • Gold tops $1,917 with alarming speed
 • UBS axes 3,500 jobs in cost-cutting push

CHICAGO SHOPPING
BE THE FIRST TO KNOW

Get breaking business news sent to you as it happens with Chicago Tribune Business mobile alerts.

SIGN UP FOR MOBILE ALERTS >>
FOLLOW US ON FACEBOOK

Get Chicago's most important and interesting business news on your Facebook feed.

FRIEND US >>
FOLLOW BIZWRAP ON TWITTER

If it's too hard to wait all day for BizWrap, you can get live updates on the latest business news via our Twitter feed.

FOLLOW BIZWRAP >>
  MORE BUSINESS ADDITIONAL TOOLS
  Your Money Online edition
  Top 100 local stocks Member services
  On Money blog E-mail subscription
  Business columnists Newspaper subscription
NEWS SEARCH
 
CHICAGO POINTS
ChicagoPOINTS
ChicagoPOINTS Click here for today's code worth 1,000 Points
Not a member?
Visit mychicagopoints.com to join!
Questions about your ChicagoPOINTS Code?
Please contact chicagopoints@tribune.com
JOB SEARCH
Keywords:
Location:
Job Category

Sunday Chicago Jobs


Post a Job Opening
ads

About us: BizWrap is brought to you by the staff of Chicago Tribune. You're currently subscribed to BizWrap with the address gengucid.chica9odotcom@blogger.com. If you'd like to unsubscribe, please click here: http://app.chicagotribune.com/unsub/unsub.cfm?c=TKDW16&e=gengucid.chica9odotcom@blogger.com&l=132502354&n=WH75AB You can manage all your chicagotribune.com e-mail subscriptions here: http://www.chicagotribune.com/newsletter

You're currently subscribed with the address gengucid.chica9odotcom@blogger.com. If this is your old registration email, please click below to unsubscribe. If not, please locate the other copy and click the unsubscribe link on that newsletter. Send your comments, questions and tips to BizWrap@tribune.com

Copyright (c) 2011, Chicago Tribune

No comments:

Post a Comment