Wednesday, October 5, 2011

Dow up 131 | Sears sizing up OH, TX | Chicago halving head tax | Costco hikes membership fee | Another winter like last year

 Wednesday, Oct. 5, 2011 • chicagotribune.com business newsletter
By Margaret O'Brien, BizWrap columnist

CLOSING BELL
DJIA 10,939.95 +131.24 | NDQ 2,460.51 +55.69 | S&P 1,144.03 +20.08

Stocks added to gains as stronger-than-expected U.S. economic data and signs that officials were moving to shore up struggling European banks reassured investors: MORE>>



TOP BUSINESS NEWS
Sears says it has visited potential headquarter sites in Ohio and Texas while it awaits word on Illinois incentives: MORE>>
 • Incentive package at play in Ford's Chicago hiring plans: MORE>>
 • Quinn: Deal to keep CME Group from leaving state is near: MORE>>

jjHyde Park beautician Clara Peller's "Where's the Beef?" ads inspire Wendy's new campaign: MORE>>

Costco raising membership fees 10 percent: MORE>>

Mayor Rahm Emanuel plans to halve the city’s so-called head tax that requires large companies to pay $4 per employee: MORE>>
 • And businesses could face fewer city inspections: MORE>>

Ross Dress for Less will open 12 locations in the Chicago area this Saturday: MORE>>

A.C. Nielsen Jr., former chairman of ratings firm, dies at 92: MORE>>

Federal Reserve: Banks should tie executive pay to the risk their decisions pose: MORE>>
 • Bernanke: Economy 'close to faltering': MORE>>
 • Gail MarksJarvis: Bear still threatens U.S. markets: MORE>>

The nominees for 2011's worst ad in America (Consumerist): MORE>>

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


TALKING BUSINESS
"I think it might be a terrific idea if they would just ask their boss, Rupert Murdoch, and he and I will meet at Fortune, and we'll both give you our tax returns and you can publish them," said Warren Buffett: MORE>>


IN OTHER NEWS
jjNot again. Meteorologists predict another rough winter for us, with 50 to 58 inches of snow, on par with 2010's 57.9 inches: MORE>>

In case your common sense doesn't stop you from texting while cycling, new Chicago law is designed to: MORE>>

Downers Grove Navy recruiter gets 100 years in stabbing death of pregnant wife, in front of 4-year-old daughter: MORE>>

Debbie Halvorson of Crete said she would challenge incumbent U.S. Rep. Jesse Jackson Jr. in his redrawn district: MORE>>

Gunman shoots two dead at morning meeting at California cement company
: MORE>>

An Israeli scientist who suffered years of ridicule over his crystal research wins Nobel Prize in chemistry: MORE>>

Afghanistan's intelligence agency said it has thwarted a plot to assassinate President Hamid Karzai: MORE>>

Gene makes some children more susceptible to bad parenting than others: MORE>>

LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
Clarence Page welcomes you to the age of flash mob politics, in Page's Page: MORE>>


SPORTS FIX

Some big names will be absent as 1985 Bears finally get White House visit: MORE>>

Tiger, Yankees take it to Game 5 tomorrow in New York: MORE>>


Tiger Woods signs first major endorsement deal in two years: MORE>>

The NBA has canceled the remainder of the preseason as contract talks break down again: MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
Yes, Michael Jordan's is yet another steakhouse in Chicago but it's a great one, says Phil Vettel: MORE>>

Fox says it can't afford to continue "The Simpsons" unless voice actors cut pay nearly in half: MORE>>

Bears quarterback Jay Cutler picked the wrong week to watch ex-fiance Kristin Cavallari on "Dancing With the Stars": MORE>>


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

Weather |
Warmest afternoon reading in over 3 weeks. High of 77. 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
 • Samsung, Android stay atop mobile market
 • RIM shares jump on new takeover talk
 • Quinn announces $78M venture capital program
 • ComEd veteran to head Illinois Power Agency
 • Sara Lee to complete bakery unit sale in weeks
 • Northern Trust opens Washington DC office
 • Walgreen September sales miss mark

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