Tuesday, October 4, 2011

Dow up 153 | iPhone 4S? | More Ford jobs | CTA's projected deficit | NBA talks back on | Catch the rays

 Tuesday, Oct. 4, 2011 • chicagotribune.com business newsletter
By Mary Jane Grandinetti, BizWrap columnist

CLOSING BELL
DJIA 11,808.71 +153.41 | NSDQ 2,404.82 +68.99 |S&P 1,123.95 +24.72

Energy boost. Bernanke's reassurances lift stocks in a choppy session that saw the S&P dance with the bears: MORE>>

 • "Night of the Living Dead" meets Wall Street: MORE>>


TOP BUSINESS NEWS
jjExpected iPhone 5 intro turns in iPhone 4S debut: MORE>>
 • It's all about the features and software -- and iPods: MORE>>

With a freshly minted UAW contract, Ford to add 1,100 jobs in Chicago: MORE>>
 • Just as companies announce plans to cut 650 in Illinois: MORE>>

Fed head tells Congress to watch the deep budget cuts: MORE>>
 • Time running out for Greece (yahoo.com): MORE>>

Peoples Gas program to help Chicagoans keep warm: MORE>>

Things still iffy at Bank of America website, ATMs: MORE>>

Diaper sales down, rashes up: MORE>>
 • In a potentially unhealthy trend, 1 in 10 parents are skipping kids' vaccines: MORE>>

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


TALKING BUSINESS
"If capital markets don't enable the firm to roll over its debt, I don't think AMR can generate free cash flow without further cost cuts. At the end of the day, it's bad to be the high-cost producer in any industry, but it's immensely worse when you operate in such a marginal sector as the airline industry," Morningstar analyst Basili Alukos on the bankruptcy prospects of the parent of American Airlines: MORE>>


IN OTHER NEWS
jjCTA on the way to being $277 million in red: MORE>>
 • Sharing to help city-county shave $11 million from budgets: MORE>>
 • Mayor Rahm knows where to find $3 million more: MORE>>

Inspector general's office in a TIF with Maggie Daley's charity: MORE>>

Amanda Knox is on her way home: MORE>>

Doth New Jersey's Chris Christie protest too much?: MORE>>

Notes from Larry Summers MORE>> and the Justice Department MORE>> show why it's probably not a good idea to put things in writing.

When Afghanistan and India meet, Pakistan is never far away: MORE>>
 • 13 dead in execution-style attack in Pakistan: MORE>>
 •  Somalia bomb blast kills at least 70: MORE>>

LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
Chicago Teachers Union officials, seeking to head off longer hours, detail their "better school day" proposal for aldermen, in Chicago School Notebook: MORE>>
 • See how that plays with Yo-Yo Ma: MORE>>
 • Charter school finances get a closer look: MORE>>


SPORTS FIX

At least the NBA and players union are talking: MORE>>

Blackhawks give GM Bowman three more years: MORE>>

Was that Jay Cutler in the audience at "DWTS"? MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
jjMadonna in Super Bowl lineup: MORE>>
 • Hank Williams Jr. out of Monday Night Football's: MORE>>

Michael Jackson's doctor apparently was just a little distracted when the singer was dying: MORE>>
 • Accused "underwear bomber" makes explosive opening argument: MORE>>

Playboy Clubs lasted a whole lot longer than their namesake TV series: MORE>>



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

Weather |
Good day, sunshine. Highs in the 70s, lows in the 50s. See our weather page with radar and Tom Skilling's seven-day forecast: MORE>>

 • And the news gets more heartening (USA Today): 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

 • Lightbank has a few dollars for Cloudbot
 • Busch to invest $1 billion in U.S.
 • 
Decision expected soon in Tribune bankruptcy
 • Ameren to shutter 2 Illinois coal plants
 • Dean sued over organic milk health claims
 • Abbott sues Hospira over kidney drug
 • Chicago lawyer settles Justice Dept. suit

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