Friday, September 2, 2011

Dow down 253 | Jobs growth down to 0 | The value of that degree's down | So are the Cubs

 Friday, Sept 2, 2011 • chicagotribune.com business newsletter
By Mary Jane Grandinetti, BizWrap columnist

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CLOSING BELL
DJIA 11,240.26 -253.31 | NSDQ 2,480.33 -65.71 | S&P 1,173.97 -30.54

Hurricane jobless report sweeps through Wall Street, hitting financial, manufacturing and energy stocks the hardest: MORE>>



TOP BUSINESS NEWS
No new jobs is not exactly a winning campaign slogan: MORE>>
 • News is worse than that for blacks: MORE>>
 • Obama has a little gift for business: MORE>>

jjRising rents keep North Michigan Avenue magnificent: MORE>>
 • UK's Topshop to make it more so: MORE>>

ComEd ready to make a deal for new rate-hike rules: MORE>>

Bob Lutz is officially back at GM: MORE>>
 • Brake lights causing some trouble for BMW 3-Series: MORE>>

Tough times for Twinkies: MORE>>
 • Ditto pasta: MORE>>
 • And pop: MORE>>

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


TALKING BUSINESS
"It may be the least-exciting part of making a new purchase, but savvy Illinois online shoppers can pocket significant savings by keeping an extra eye on our complicated sales tax rates. They vary wildly, and the difference between paying 0 percent or almost 10 percent on a $1,000 TV or laptop is big money," said Brad Wilson, deal expert and founder of BradsDeals.com: MORE>>
 • Take the iPod Nano, for example: MORE>>


IN OTHER NEWS
Mayor Rahm puts his fundraising muscle to work for a Cook County circuit judge: MORE>>
 • See who funded his inauguration: MORE>>


jjPick up anything special at Betty Loren-Maltese's garage sale? MORE>>

Tropical Storm Lee draws bead on Gulf Coast: MORE>>

This will ease your mind about threats to U.S. security: MORE>>
 • But not Iran and nukes: MORE>>

Turkey's on the outs with Israel: MORE>>

Syrian security forces kill 11: MORE>>

Where's Moammar? MORE>>

And you thought the hawksbill turtle was gone: MORE>>

LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
It's not exactly grade deflation, but that college degree doesn't command the salary it did 10 years ago. See how much less in Money & Company: MORE>>



SPORTS FIX

Lance Briggs wants off Bears: MORE>>
 • Selfish or self-preserving? MORE>>

It's Z end, for this season at least: MORE>>
 • Pirates 2 , Cubs 1 in 6th at Wrigley: MORE>>

Judge rejects Clemens' attempt to avoid mistrial: MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
jjIn Michael Phillips' opinion, you can't get much higher than "Higher Ground." 3.5 stars MORE>>
Or lower than "A Good Old-Fashioned Orgy." 0 stars: MORE>>
"Apollo 18" a smooth landing. 2.5 stars: MORE>>


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

Weather |
It's the hot before the storms. High of 95, low of 73. Rain headed our way. See our weather page with radar and Tom Skilling's seven-day forecast: MORE>>


BizWrap will be basking in the fall temperatures Monday. See you Tuesday.

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LATEST CHICAGO BUSINESS HEADLINES
 • Congress deficit panel sets first meeting
 • New CEO at HomeMade Pizza Co.
 • CME, CBOE were cooking in August
 • U.S. set to sue big banks over bad mortgages
 • Local housing agencies take in HUD bucks
 • Starz departure not so good for Newflix stock
 • News Corp. board further in disarray

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