Monday, October 31, 2011

Dow down 276 | MF Global goes bankrupt | Motorola Mobility layoffs | Barnes & Noble tablet | Cain 'falsely accused' | Population 7 billion

 Monday, Oct. 31, 2011 • chicagotribune.com business newsletter
By Zoe Galland, BizWrap columnist

CLOSING BELL
DJIA 11,955.01 -276.10 | NSDQ 2,684.41 -52.74 | S&P 1,253.30 -31.79

Unhappy Halloween. Stocks ended the month on a downbeat note as enthusiasm over the agreement to tackle the euro zone debt crisis waned and a spike in the U.S. dollar hurt commodity-related shares: MORE>>



TOP BUSINESS NEWS
jjMF Global, the first American financial casualty of the European debt crisis, files for bankruptcy: MORE>>
 • CME Group bars some MF Global staff from its trading floors: MORE>>
 • Photos: The largest U.S. bankruptcies since 1980: MORE>>

Motorola Mobility
to cut 800 jobs, including 185 in Illinois: MORE>>

Barnes & Noble
expected to unveil tablet next week: MORE>>

NBC
to enhance local news at 10 television stations, including in Chicago: MORE>>

ComEd reportedly will seek a lower rate hike: MORE>>

President Barack Obama signs order to relieve drug shortages: MORE>>

Bernie Madoff's son says he didn't suspect his father of running a Ponzi scheme: MORE>>

Macy's and Target plan earlier Black Friday openings: MORE>>

Rivals Netflix and Amazon unveil separate deals with Walt Disney to license movies and TV shows: MORE>>

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


TALKING BUSINESS
"Being in the airline business is so much cooler than being a partner in a law firm," said United Continental CEO Jeff Smisek, who discussed his airline's challenges in a Tribune interview. Smisek's big hurdle is integrating two behemoths with complementary businesses but radically different corporate cultures: MORE>>

IN OTHER NEWS
jjLatest round of GOP presidential candidate madness has Herman Cain saying he was "falsely accused" of sexual harassment in '90s: MORE>>
 • Cain's "smoking man" ad is still a hot viral video on the Web: MORE>>

Northern Illinois University campus building evacuated after bomb threat: MORE>>

Illinois high schools aren't looking too impressive based on a new federal formula for education performance: MORE>>
 • See if your school made the Chicago-area's top 50: MORE>>
 
BizWrap, who waited almost an hour for a train this weekend, plans to tweet some rude things at the CTA's new Twitter account: MORE>>

East Coast
residents still stunned by winter storm in October: MORE>>


World's population reaches 7 billion
: MORE>>

Fascinating and promising study looks at mosquitoes that fight dengue fever by passing on DNA that kills their own children: MORE>>

LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
Congress is fully engaged this week, with the House and Senate in session and a menu of legislative offerings as Democrats and Republicans struggle to dominate the jobs front -- perhaps the top issue among voters. More from the LATimes blog PoliticsNow: MORE>>


SPORTS FIX

Why the Bears are unlikely to give Matt Forte a multiyear deal: MORE>>

Shaquille O'Neal writes in autobiography that Kobe Bryant’s sexual assault charges in 2003 destroyed the Lakers (Deadspin): MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
jjAfter a whole 72 days of marriage, Kim Kardashian and Kris Humphries are getting a divorce: MORE>>
 • In this difficult time, the Kardashian family asks that you talk about this endlessly: MORE>>

Children's film "Puss in Boots" tops box office: MORE>>
 
 • But investors aren't that impressed and send Dreamworks' shares down: MORE>>

 
Conan O'Brien to officiate gay wedding on his show: MORE>>

Hilary Swank fires entire staff after Chechen PR disaster: 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 upper 30s overnight. 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
 • Chicago PMI: Economy slowly growing
 • Etrading firm seeks piece of Groupon IPO
 • KapStone completes U.S. Corrugated buy
 • Honda to cut U.S., Canada production by half
 • Qantas resumes flights after labor dispute
 • CNA Financial losses weigh on Loews
 • Home prices may be heading for triple-dip

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