Wednesday, November 23, 2011

Dow down 236 | No Santa rally expected | Protests cost cities $13M | PMI files Ch. 11 | Hanie: 'I've been waiting'

 Wednesday, Nov. 23, 2011 • chicagotribune.com business newsletter
By Margaret O'Brien, BizWrap columnist

CLOSING BELL
DJIA 11,257.55 -236.17 | NSDQ 2,460.08 -61.20 | S&P 1,161.79 -26.25

Six bad days for stocks. Stocks tumbled about 2 percent, compounding earlier losses, as frustration over the eurozone debt crisis coupled with weak Chinese factory data sank sentiment: MORE>>


BizWrap will be in a L-tryptophan coma until Monday. Have a nice Thanksgiving.
 


TOP BUSINESS NEWS
Laramar Group is paying $60 million to acquire the Belden-Stratford, a residential hotel in Lincoln Park: MORE>>

jjMcDonald's tests a new restaurant design in France: MORE>>
 • Photos: McDonald's food you can't get here: MORE>>

Groupon shares got a pummeling for the third straight day, falling 15% below the IPO price of $20: MORE>>

Mortgage insurer PMI files for bankruptcy: MORE>>

Ho, ho, no. The naughty economy limits chances we'll have a Santa Claus rally in December, says Gail MarksJarvis: MORE>>

Occupy protests
cost nation's biggest cities $13 million: MORE>>

Federal Reserve orders stress tests for biggest U.S. banks: MORE>>

Disney strikes deal to offer movie rentals on YouTube: MORE>>

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


TALKING BUSINESS
"Giordano's hasn't really come close to realizing any of its potential outside of Chicagoland," said Richard Levy, managing partner and founder of Victory Park Capital. Victory Park bought Giordano's last week at a bankruptcy auction: MORE>>


IN OTHER NEWS
Northern Illinois student killed at party. Gunman still at large: MORE>>

Chicago's first Jewish mayor will flip the switch during the 98th annual tree lighting ceremony in Daley Plaza: MORE>>

jjTeen shown knocking a man unconscious at an "L" station on viral Web video faces aggravated battery charges: MORE>>

Antioch teacher accused of inflating grades quits: MORE>>

Newt Gingrich stands out on immigration issue in latest Republican debate: MORE>>

President Barack Obama grants freedom to Liberty, this year's lucky turkey: MORE>>

Yemen's president
agrees to step down after fierce uprising to oust him after 33 years of authoritarian rule: MORE>>

Russia threatens to target U.S. missile defense sites: MORE>>

Fighting resumes in Egypt where 30 have been killed and more than 200 wounded in protesting military rule: MORE>>

NASA's newest Mars rover is as big as a car and as well-equipped as a laboratory: MORE>>

LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
Expert tips for those tackling a turkey tomorrow, The Stew: MORE>>
 • Video: How to carve a turkey: MORE>>


SPORTS FIX

Bears quarterback Jay Cutler is undergoing surgery in Vail, Colo., to repair a Bennett's fracture of his right thumb: MORE>>
 • Caleb Hanie: "I've been waiting for this opportunity": MORE>>
 • Bears appear willing to wait on Kyle Orton: MORE>>

Two new accusations of sexual abuse against Jerry Sandusky under investigation: MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
jjA fan favorite takes home the Mirror Ball trophy on "Dancing with the Stars": MORE>>

Smashing Pumpkin's frontman Billy Corgan becoming a professional wrestling promoter: MORE>>

Jennifer Hudson says wedding still on, despite rumors: MORE>>

Rolling Stone: Jimi Hendrix the best guitarist of all time: MORE>>



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

Weather |
Skies mostly sunny with milder afternoon temperatures, 9 degrees above normal. High of 52. 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
 • Boeing advising pilots on how to save fuel
 • Nooks going for $79 on Black Friday
 • Spotify sees customers grow by 25%
 • Microsoft enters confidentiality pact with Yahoo
 • Moody's warns U.S. not to skimp on deficit cuts
 • Deere earnings leap 46% on higher demand
 • Use of retail medical clinics up

CHICAGO SHOPPING
I JUST WORK HERE
BE THE FIRST TO KNOW

Get breaking business news sent to you as it happens with Chicago Tribune Business mobile alerts.

SIGN UP FOR MOBILE ALERTS >>
FOLLOW US ON FACEBOOK

Get Chicago's most important and interesting business news on your Facebook feed.

FRIEND US >>
FOLLOW BIZWRAP ON TWITTER

If it's too hard to wait all day for BizWrap, you can get live updates on the latest business news via our Twitter feed.

FOLLOW @CHIBREAKBIZ >>
  MORE BUSINESS ADDITIONAL TOOLS
  Your Money Online edition
  Top 100 local stocks Member services
  On Money blog E-mail subscription
  Business columnists Newspaper subscription
  Today's newspaper
(Subscription required)

NEWS SEARCH
 
CHICAGO POINTS
ChicagoPOINTS
ChicagoPOINTS Click here for today's code worth 1,000 Points
Not a member?
Visit mychicagopoints.com to join!
Questions about your ChicagoPOINTS Code?
Please contact chicagopoints@tribune.com
JOB SEARCH
Keywords:
Location:
Job Category

Sunday Chicago Jobs


Post a Job Opening
ads

About us: BizWrap is brought to you by the staff of Chicago Tribune. You're currently subscribed to BizWrap with the address gengucid.chica9odotcom@blogger.com. If you'd like to unsubscribe, please click here: http://app.chicagotribune.com/unsub/unsub.cfm?c=OM5ZFT&e=gengucid.chica9odotcom@blogger.com&l=132502354&n=T1DNRA You can manage all your chicagotribune.com e-mail subscriptions here: http://www.chicagotribune.com/newsletter

You're currently subscribed with the address gengucid.chica9odotcom@blogger.com. If this is your old registration email, please click below to unsubscribe. If not, please locate the other copy and click the unsubscribe link on that newsletter. Send your comments, questions and tips to BizWrap@tribune.com

Copyright (c) 2011, Chicago Tribune

No comments:

Post a Comment