 | | Thursday, Oct. 27, 2011 • chicagotribune.com business newsletter |  |
CLOSING BELL
DJIA 12,208.55 +339.51 | NSDQ 2,738.63 +87.96 | S&P 1,284.59 +42.59
Cheered by Europe. Stocks rocketed higher after European leaders agreed to boost the region's bailout fund and struck a deal with banks and insurers to accept 50 percent losses on Greek bonds: MORE>>
TOP BUSINESS NEWS
 Groupon CEO Andrew Mason decides an IPO roadshow is a good time to announce that his company will replace 10 percent of its sales staff: MORE>>
• And tells potential investors that it can fend off competitors: MORE>>
Illinois Senate panel approves tax breaks for CME and CBOE: MORE>>
Madison Dearborn decides against selling TransUnion, and will pursue a public offering as originally planned: MORE>>
Sara Lee approves $5.7 million executive compensation package for CEO Marcel Smits: MORE>>
Motorola Solutions is still scouting office space in Chicago: MORE>>
• Its third-quarter profit beats expectations on record sales: MORE>>
Bernie Madoff's wife says she and her husband attempted suicide as public outrage mounted over his $50 billion Ponzi scheme: MORE>>
LATEST BUSINESS NEWS >> | SEND US A NEWS TIP >>
TALKING BUSINESS
 "We are not currently seeing a reduction in business demand," said United Continental CEO Jeff Smisek, whose airline saw its third-quarter profit slump 23 percent thanks to fuel costs and merger related expenses. Smisek said demand, particularly among business travelers, remains stable and that holiday-travel bookings are good: MORE>>
IN OTHER NEWS
 Occupy Chicago representatives are meeting with city officials to discuss where the protesters can set up permanently: MORE>>
• In San Francisco, Occupy protesters face police in tense standoff: MORE>>
Chicago alderman to introduce ordinance to decriminalize small amounts of marijuana: MORE>>
Illinois House votes to stop labor leader pension abuses: MORE>>
Rick Perry may skip some presidential debates: MORE>>
Death toll in Turkey quake passes 500: MORE>>
LATEST CHICAGO AND NATIONAL NEWS >>
IN THE BLOGOSPHERE
 Over in Cityscapes, Blair Kamin writes about a fascinating Chicago Architecture Foundation exhibition from the firm Perkins+Will that envisions a mile-long green corridor consisting of land bridges built over the Kennedy Expressway, with parks on top of the bridges (and which, unfortunately, will likely never be built): MORE>>
SPORTS FIX
Chicago Bears coach Lovie Smith says the team is ready to move on without veteran safety Chris Harris: MORE>>
NBA marathon session ends after 15 hours: MORE>>
LATEST SPORTS NEWS >>
OFF THE CLOCK
 Samuel L. Jackson's movies have made more than $7.4 billion -- making him the highest-grossing actor of all time: MORE>>
• New movie reviews, including "The Rum Diary" and "Martha Marcy May Marlene": MORE>>
Bruce Willis and girlfriend, Emma Heming, are expecting a baby: MORE>>
NBC commits to a White House sitcom from an ex-Obama speechwriter: MORE>>
HEADED OUT?
Traffic | See current information on area highways, buses, trains and planes on our commuting page: MORE>>
 Weather | Partly cloudy and annoyingly cold, with lows in the mid to upper 30s. See our weather page with radar and Tom Skilling's seven-day forecast: MORE>>
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