Thursday, November 17, 2011

Dow down 135 | Sears shares sink | Huge Boeing order | Rosemont beer hall | Bedford Park shooting | Cubs name manager

 Thursday, Nov. 17, 2011 • chicagotribune.com business newsletter
By Zoe Galland, BizWrap columnist

CLOSING BELL
DJIA 11,770.73 -134.86 | NSDQ 2,587.99 -51.62 | S&P 1,216.13 -20.78

Afternoon swoon.
Stocks fell sharply in late trading as nervous investors bailed out of the market, though there was no clear trigger for the sell-off: MORE>>



TOP BUSINESS NEWS
jj Sears shares sink after the company reports third quarter losses that are worse than expected: MORE>>
 • But hey, it'll probably still get a huge incentives package from Illinois anyway: MORE>>

Boeing
receives its largest commercial airplane order ever: MORE>>
 • And delivers first batch of 30,000-pound bombs to Air Force: MORE>>

Illinois man
sues Southwest Airlines, saying he is owed 45 alcoholic drinks: MORE>>
 • Beer hall to open in Rosemont: MORE>>

Authorities thwart Occupy Wall Street's bid to shut down New York's financial district: MORE>>
 • Occupy Wall Street protester arrested for tossing vinegar-based liquid at cops: MORE>>

Johnson & Johnson to remove controversial ingredient from baby shampoo: MORE>>

For better or for worse, the weak economy has put a 25-year crimp in office parties: MORE>>

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


TALKING BUSINESS
"It's where 60 percent of the world's economy is based," said U.S. Sen. Mark Kirk, referring to Asia. Kirk is pushing a multi-million project to install new signage and art to make O'Hare's Terminal 5 the most "Asia-friendly" terminal in the U.S.: MORE>>
 • Eep, O'Hare was just named the worst airport in America: MORE>>


IN OTHER NEWS
jjFormer FedEx employee opens fire in Bedford Park, then turns gun on himself; police say no one else was injured: MORE>>

Nobel Peace Prize laureates to hold Chicago summit: MORE>>


We think Herman Cain should be cut some slack for not knowing the phrase "wet foot, dry foot" during his campaign visit to Florida: MORE>>
 • Though we do have to laugh a bit at "how do you say 'delicious' in Cuban?": MORE>>

 
Man charged with attempted assassination in White House shooting: MORE>>

Obama's energy secretary squares off with Republicans over Solyndra loan: MORE>>

Russia, which has done nothing to condemn Assad's crackdown, helpfully informs us that Syria is looking like "civil war": MORE>>

Chinese protester sets himself on fire in Tiananmen Square: MORE>>

LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
The blog Storyful, which curates news items circulating on Twitter, has an interesting look at the three new leaders of Italy, Greece, and the European Central Bank. All three men are ex-Goldman Sachs executives, which has prompted a funny and somewhat angry response on Twitter: MORE>>


SPORTS FIX

The Cubs' managerial search is finally over: MORE>>

Judge
with no Penn State ties to preside over Jerry Sandusky's hearing: MORE>>
 • Mike McQueary says he filed a police report about alleged 2002 rape, but Penn State police have no record of it: MORE>>
 • Mother of alleged victim says her son is afraid Sandusky may walk free: MORE>>
 • "South Park" makes fun of the whole sordid scandal: MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
jjThe Vatican is protesting United Colors of Benetton's ads showing Pope Benedict kissing an imam: MORE>>
 • White House also unamused by ad of President Obama kissing Hugo Chavez: MORE>>

Ricky Gervais will get another crack at insulting Hollywood as host of the Golden Globes
: MORE>>

NBC throws Betty White a 90th birthday party
: MORE>>

Teacher suspended
after showing "The Daily Show" in class: MORE>>



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

Weather |
Mostly clear, with temperatures nearly steady in the lower 30s. 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
 • White House honors four Chicago startups
 • Civic Natural Gas named Green Car of Year
 • Chip industry primed for 2012 rebound
 • Exelon, Constellation shareholders OK merger
 • Acco shares up 20% after MeadWestvaco deal
 • Angie's List soars on market debut
 • MF Global trustee gets OK to disburse $520

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