Tuesday, October 18, 2011

Dow up 180 | Moto brings back Razr | Starbucks adds light roast | Apple stores closing Wednesday | Dreamliner cancellations

 Tuesday, Oct. 18, 2011 • chicagotribune.com business newsletter
By Margaret O'Brien, BizWrap columnist

CLOSING BELL
DJIA 11,577.05 +180.05 | NDQ 2,657.43 +42.51 | S&P 1,225.38 +24.52

Stocks rose, led by financials, as better-than-expected bank earnings overshadowed new worries about the crisis in Europe fueled by a warning over France's credit rating: MORE>>



TOP BUSINESS NEWS
jjMotorola brings back the Razr, billing it as the world's thinnest smartphone. It's certainly more tricked out than the version launched seven years ago: MORE>>
 • The Razr: Then and now: MORE>>

Ernst & Young to add 500 jobs in Chicago: MORE>>

Starbucks adding a lighter blonde roast for those who prefer not to drink coffee that tastes burned: MORE>>
 • Caribou Coffee adding seven stores in Chicago market: MORE>>

Apple stores closing tomorrow for Steve Jobs memorial: MORE>>

Goldman Sachs reports first loss since 2008: MORE>>
 • Bank of America turns $6.2 billion profit in third quarter: MORE>>

Hospira shares tank more than 20 percent on lower outlook: MORE>>
 • W.W. Grainger profit jumps 21 percent after acquisition: MORE>>

Evanston board recommends 5-cent fee on all shopping bags: MORE>>

Boeing sees more Dreamliner order cancellations: MORE>>

$1 million fountains top fantasies in this year's Neiman Marcus Christmas book: MORE>>

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


TALKING BUSINESS
"The major servicers are still doing an unacceptably bad job at meeting the needs of their customers," said U.S. Treasury Secretary Timothy Geithner about loan-servicing companies: MORE>>


IN OTHER NEWS
About 70 families of men who disappeared during the 1970s have come forward to help ID John Wayne Gacy victims' remains: MORE>>

jjMother, teen son shot and injured in North Side home invasion by two masked gunmen: MORE>>

Drivers who haven't removed their old city stickers are getting tickets -- even if they have the new one: MORE>>

Social Security to hand out its first raises since 2009: MORE>>

Officials say the United States has deported nearly 400,000 people in the last year, a new record: MORE>>

Mailing a letter may cost a penny more next year: MORE>>

President Barack Obama talking jobs in swing states: MORE>>

 • Stolen van with president's teleprompter inside recovered: MORE>>

Israel swaps 1,000 prisoners for one soldier: MORE>>

A Italian judge clears Silvio Berlusconi in a fraud and embezzlement case: MORE>>

Promising malaria vaccine protects about half of children: MORE>>

LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
Steve Rosenbloom offers this advice to Tom Ricketts: Finish the Epstein deal now or you're finished, in The Rosenblog: MORE>>


SPORTS FIX

NBA players, owners meeting with federal mediator: MORE>>

Senators, health official urge MLB to ban chewing tobacco: MORE>>

At least two teams have had internal discussions about trading for running back Matt Forte: MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
Shia LaBeouf roughed up outside a bar in Canada: MORE>>

jjNot realizing daylight come, Harry Belafonte sleeps through TV interview: MORE>>
 • When awake, he's backing Occupy Wall Street protestors: MORE>>

Arnold Schwarzenegger returns to movies, filming "The Last Stand," with former "Jackass" star: MORE>>


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

Weather |
Cloudy and cool with some rain as autumn storm system develops. Low of 42. 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
 • FDA chemist pleads guilty to insider trading
 • Corporate merger activity on rise in Illinois
 • RIM unveils software for BlackBerry, PlayBook
 • Fannie Mae kicks off consumer awareness effort
 • Southwest fare sale tickets as low as $35
 • China's growth slows to 9.1 percent
 • Gasoline prices on the rise

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