Wednesday, November 30, 2011

Your evening news update

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Elderly man says he hid life savings in suit donated to Goodwill

The offers of help have come from as far away as Germany and Russia, but an 80-year-old man from Moline has so far refused them as Goodwill workers search for the life savings he says he left in the pocket of a donated suit.

CPS wants to close 2 grade schools, phase out 2 high schools CPS wants to close 2 grade schools, phase out 2 high schools

Chicago Public Schools is seeking to close two under-performing elementary schools and begin to phase out two struggling high schools next school year, part of a large-scale re-structuring of CPS under Mayor Rahm Emanuel’s leadership team.

Illinois Supreme Court to consider abortion dispute Illinois Supreme Court to consider abortion dispute

The Illinois Supreme Court has agreed to consider a dispute over whether the state must begin enforcing a law requiring parents to be notified before their children can obtain an abortion.

Mom's frantic 911 call about son: 'He's dead. He's dead. He's dead. My God' Mom's frantic 911 call about son: 'He's dead. He's dead. He's dead. My God'

After finding her mentally disabled 14-year-old son unconscious in bed, Lydia Price made a frantic 911 call to rescuers seeking help.

Police warn of tow truck driver robberies in Englewood Police warn of tow truck driver robberies in Englewood

Police issued a business alert today warning tow service companies about two robberies where drivers were robbed at gunpoint after responding to a call of a vehicle for sale on the South Side.

City homeless services restored City homeless services restored

Chicago plans to resume providing full overnight services to homeless people seeking help in the wee hours of the morning after state lawmakers restored funding for those types of programs across Illinois.

Chicago taxpayers helped pay for work at U.S. Cellular Field, Soldier Field Chicago taxpayers helped pay for work at U.S. Cellular Field, Soldier Field

After hotel tax figures came in this year, the city of Chicago for the first time had to pitch in extra money to help pay off renovations and maintenance to Soldier Field and U.S. Cellular Field, home of the White Sox.

Man pleads guilty to killing aunt on Christmas Man pleads guilty to killing aunt on Christmas

A man with a history of schizophrenia and drug problems pleaded guilty today to bludgeoning his aunt to death in their Wilmette home last Christmas, and was sentenced to 30 years in prison.


Copyright (c) 2011, Chicago Tribune

Small homes/counter choices/tree tips

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Libertyville's 'not so big house'

Sarah Susanka is known for designing houses that are smaller and more livable. Now one of the architect's "not so big" homes in Libertyville is open for weekend tours.

Hanging wallpaper: Preparation is prime factor Wallpaper's prime factor

After painting the ceiling, patching the walls and caulking the woodwork, there's still more to do.

What's lurking under your remodel? What lurks beneath

Open a wall and straightforward jobs become more complicated.

Counter installer adds the finishing touch Counter intelligence

The countertop guy is one of the last contractors on a construction site, but you'll need to make some decisions in advance.

Odd spaces a window to the past New uses for odd spaces

Homeowners redeploy bomb shelters, smokehouses and outhouses.

Glorious gardens to grow in glass Gardens under glass

Terrariums take minutes to make and bring smiles as gifts.

Seed Savers founders cultivated a dream Cultivating a dream

Diane Ott Whealy's memoir tracks the growth of Seed Savers Exchange.

Decorating the natural way Decorating the natural way

It takes less than 30 minutes and less than $20 to make a professional looking holiday arrangement.

Modular houses go upscale with custom features and affordable prices Modular houses go upscale

Homes built as boxes in factories can head off construction or weather delays.

Tree vs. tree: Which way to deck the evergreen? Tree vs. tree

Shiny happy perfection or homespun charm? Decide which way to deck the evergreen.

Choosing a Christmas tree: Beyond the old saws Fresh cut for Christmas

A trip to the tree farm isn't always a Norman Rockwell experience. Morton Arboretum arborists share their tips.


Copyright (c) 2011, Chicago Tribune

Dow closes up nearly 500 points

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Dow closes up nearly 500 points

Stocks rose more than 4 percent on Wednesday as major central banks jointly added liquidity to the world's financial system, easing worries about a global downturn.



Copyright (c) 2011, Chicago Tribune

Dow up 490 | World's banks act | Lipitor goes generic | iPhone 5 in March | Horse slaughter | Arsenic in juice

 Wednesday, Nov. 30, 2011 • chicagotribune.com business newsletter
By Margaret O'Brien, BizWrap columnist

CLOSING BELL
DJIA 12,045.68 +490.05 | NQ 2,620.34 +104.83 | S&P 1,246.93 +51.76

Hello 12,000. Stocks surged more than 4 percent as major central banks jointly added liquidity to the world's financial system, easing worries about a global downturn: MORE>>



TOP BUSINESS NEWS
The central banks of the wealthiest countries, trying to prevent a global panic, swept in to shore up the world financial system: MORE>>

Cholesterol drug Lipitor, No. 1 in U.S. sales, goes generic: MORE>>

jjThe suburban mall that took a beating in "The Blues Brothers" may be demolished next year: MORE>>

Chicago-based Getco to handle about a third of all NYSE trades after buying Bank of America's NYSE floor business: MORE>>

United Continental Holdings received regulatory approval to operate as a single airline: MORE>>

Hyatt workers protest chain's threat to end health insurance: MORE>>

Nalco shareholders OK takeover by Ecolab: MORE>>

Groupon shares rose more than 6 percent after Chief Executive Andrew Mason delivered good news on holiday sales: MORE>>

The iPhone 5, and its larger screen, are expected in March: MORE>>

Subway offering $2 subs in December: MORE>>

Horses could soon be slaughtered for meat in the U.S.: MORE>>

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


TALKING BUSINESS
"Once price discounting subsides, so should holiday sales," Moody's economist John Lonski tells Gail MarksJarvis: MORE>>


IN OTHER NEWS
jjIn a pre-sentencing filing, federal prosecutors are recommending 15 to 20 years in prison for former Gov. Rod Blagojevich: MORE>>

The Illinois Supreme Court wants hearsay statements allowed in Drew Peterson's murder case: MORE>>

A Hoffman Estates teacher who was living with one of her teen students quits: MORE>>

Nearly 300 arrested as police dismantle Occupy L.A. protester encampment: MORE>>

GOP presidential contender Herman Cain still campaigning: MORE>>

Britain expels Iranian diplomats after attack on embassy: MORE>>

Hillary Clinton became the first U.S. secretary of state to visit Myanmar in more than 50 years: MORE>>

The Muslim Brotherhood's party said its alliance was leading in Egypt's election: MORE>>

Consumer Reports finds arsenic in bottled apple juice and grape juice: MORE>>

LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
United States Olympic Committee enthusiastic about new sponsorship deal with DeVry Inc. based in Downers Grove, reports Philip Hersh in Globetrotting: MORE>>


SPORTS FIX

In the first move of the Epstein era, the Cubs sign free agent outfielder David DeJesus to a two-year, $10 million deal: MORE>>

First civil suit filed against Jerry Sandusky: MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
jjKristin Cavallari is tweeting that her engagement with Bears quarterback Jay Cutler is back on: MORE>>
 • Cutler concedes his season may be over: MORE>>

In case you missed the "Victoria's Secret" Fashion Show: MORE>>

Officials in Florida are hunting for country star Mindy McCready and her 5-year-old son: MORE>>

Stanley from "The Office" releases music video: MORE>>



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

Weather |
Sunshine and greatly diminished winds mark the close of meteorological fall. Low of 31. See our weather page with radar and Tom Skilling's seven-day forecast: MORE>>



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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>>
 
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