Monday, September 19, 2011

Dow down 108 | Wrigley Building sold | Netflix splits in two | Google's new airfare-finder | Obama's deficit plan

 Monday, Sep. 19, 2011 • chicagotribune.com business newsletter
By Zoe Galland, 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 11,401.01 -108.08 | NSDQ 2,612.83 -9.48 | S&P 1,204.09 -11.92

Greece won't go away. Stocks tumbled as growing fears of a Greek debt default prompted investors to sell risky assets and put an end to a weeklong rally on Wall Street: MORE>>



TOP BUSINESS NEWS
http://snsimages.tribune.com/media/thumbnails/story/2011-08/64327247-29074739-187105.jpgNetflix CEO Reed Hastings apologizes for price hikes and announces that the video service will split in two: MORE>>
 • Split is seen as a risky move by market analysts: MORE>>


Wrigley Building sold
to Chicago-based BDT Capital: MORE>>

Boeing
scrambles to iron out contract problems that forced it to postpone delivery of a 747: MORE>>
 • Airbus raises its forecast for demand: MORE>>

Our fine state is considered among the worst ones for business, though at least we beat California and New York: MORE>>

Wendy's introduces new burger in an effort to jump-start sales: MORE>>
 • Coke to offer smaller, cheaper sodas: MORE>>
 • New Heinz ketchup packet to replace smaller, messier ones: MORE>>

Google
launches speedy airfare search tool: MORE>>

Parts supplier may have accidentally leaked more photos of the iPhone 4S (Apple Insider): MORE>>
 • AT&T's 4G wireless network launches in Chicago today: MORE>>

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


TALKING BUSINESS
"Banks and credit unions are doing everything they can to get rid of the cash except make loans," said Mike Moebs, a Lake Bluff banking consultant. Although consumers are pumping cash into checking, savings and money market accounts, banks don't need their cash and are continuing to keep interest rates at rock bottom: MORE>>


IN OTHER NEWS
jjPresident Barack Obama offers another deficit plan, but congressional Republicans reject it as a political stunt: MORE>>
 • It includes $1.5 trillion in new taxes and a "Buffett Rule": MORE>>
 • Ron Suskind's critical book on Obama sparks controversy: MORE>>

City to build four boathouses on Chicago River
: MORE>>

Tenth person dies from injuries in Reno air crash: MORE>>

SeaWorld
, federal regulators at odds after death of killer-whale trainer: MORE>>

Fare to enter New York City via New Jersey bridges and tunnels shoots up to $12
: MORE>>

Italian prime minister Silvio Berlusconi faces fresh claims over parties, prostitutes and pay-outs: MORE>>

LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
New York magazine's Daily Intel blog reports that Netflix may have some trouble securing the rights to the Twitter account for "Qwikster," the name of its new DVD service, given that the account is already claimed by a foulmouthed stoner who lives in England
: MORE>>


SPORTS FIX

Brad Biggs has 10 thoughts on the Bears' loss to the Saints: MORE>>
 • Game was rough for Jay Cutler, who was sacked six times and kicked in the throat: MORE>>

Michael Vick suffers neck injury during Eagles' Sunday night loss to the Falcons: MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
jjChicagoans were a big part of the 2011 Emmys: MORE>>
 • BizWrap thinks all of host Jane Lynch's gowns were amazing: MORE>>
 • But is annoyed that "Community" wasn't nominated: MORE>>


Greg Kot revisits Nirvana and Pearl Jam's music 20 years after they broke out: MORE>>

While Chris Jones reviews the searing play "Clybourne Park" at Steppenwolf
: MORE>>



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

Weather |
Clear, with patchy fog after midnight and lows in the lower 50s. 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
 • State kicks in $4.6M for Pullman Park project
 • Quinn announces deals for Chinese, Ill. firms
 • Chicago staffing firm settles suit against CEO
 • Foreclosed homeowners to get new reviews
 • Fannie, Freddie charging higher mortgage fees
 • Amendment proposed to save Postal Service
 • New bureau targets checking overdraft fees

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=P547NH&e=gengucid.chica9odotcom@blogger.com&l=132502354&n=EK13S1 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