Monday, August 22, 2011

Dow up 37 | Prosecutors drop charges against Strauss-Kahn | Toyota's new Camry | Rebels hunt for Gadhafi | United Continental plans $550M upgrade

 Monday, Aug. 22, 2011 • chicagotribune.com business newsletter
By Zoe Galland, BizWrap columnist

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CLOSING BELL
DJIA 10,854.65 +37.00 | NSDQ 2,345.38 +3.54 | S&P 1,123.82 +0.29

Small boost.
Stocks edged up after four weeks of losses, with large-cap technology stocks among the day's top gainers, but investors were hesitant to take big risks without a catalyst for buying: MORE>>



TOP BUSINESS NEWS
jjUnited Continental to spend $550 million on improvements to its airplanes, including upgrades to its seats, bins, and Wi-Fi: MORE>>
 • New rules to protect airline passengers kick in Tuesday: MORE>>

Motorola Mobility
workers to benefit from stock options accompanying Google deal: MORE>>

Goldman Sachs CEO
Lloyd Blankfein hires high-profile defense attorney: MORE>>

Eliot Spitzer
hit with $60 million libel suit over Slate column: MORE>>

Hewlett-Packard
decides to confuse everyone by unveiling a new PC, days after saying it is exiting the business: MORE>>

Arizona mother launches campaign against McDonald's and other fast food chains over germ-ridden playgrounds: MORE>>

Toyota to introduce new version of the Camry Tuesday: MORE>>
 • And will work with Ford on hybrids for trucks: MORE>>

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


TALKING BUSINESS
jj
"He thought he would intimidate me. I wasn't intimidated," says Sharon Feigon, CEO of the Chicago-based I-GO car-sharing service, talking about a meeting with much-larger rival Zipcar. Feigon took over I-GO in 2004 when it was stalled at 10 cars and 250 subscribers, and has built it to 250 vehicles and 15,000 subscribers today: MORE>>


IN OTHER NEWS
jj Moammar Gadhafi a hunted man after Libyan rebels enter Tripoli and get backing from world leaders: MORE>>
 • Timeline: Gadhafi's crimes against Libya and the world: MORE>>

 • Companies start scrambling for access to Libya’s oil wealth: MORE>>

Michael Jordan's Steak House to open on the Magnificent Mile Tuesday: MORE>>

Prosecutors say the pregnant teen killed last week on the Southwest Side begged for her life before gunman shot her: MORE>>

Body found in garbage can on the Near West Side: MORE>>

Hurricane Irene becomes a threat to the U.S.: MORE>>

Prosecutors file papers requesting that all charges be dropped against Dominique Strauss-Kahn: MORE>>

United Nations puts Syria death toll at 2,200
: MORE>>

LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERES
jjChicago Magazine's housing blog Deal Estate looks at what $1 million gets you in the Chicago area this year, from a two-bedroom condo in Lakeshore East to a 12-room house in Lake Forest, whose closing price was the home's lowest in its eight-year history: MORE>>


SPORTS FIX

Bears to face Giants tonight in second preseason game: MORE>>

Cardinals belt four home runs in victory over Cubs: MORE>>

 • White Sox's Carlos Quentin sidelined with shoulder sprain: MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
jjReality star Kim Kardashian marries basketball player Kris Humphries in lavish made-for-TV wedding: MORE>>
 • Photos of Kim's dress: MORE>>
 • Guest Lindsay Lohan steals Pippa Middleton's look: MORE>>

Pixar plans to tackle dinosaurs and the human brain in two of its coming features
: MORE>>

Headline we didn't expect to read today: Kate Winslet rescues Richard Branson’s mother from Caribbean house fire
: MORE>>
HEADED OUT?
Traffic | See current information on area highways, buses, trains and planes on our commuting page: MORE>>

Weather |
Mostly clear, with lows in the lower 60s. 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>>
 
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