Tuesday, November 22, 2011

Dow down 53 | LCD TV prices near lows | Groupon stock struggles | Target egg shortage | More fake sick time

 Tuesday, Nov. 22, 2011 • chicagotribune.com business newsletter
By Margaret O'Brien, BizWrap columnist

CLOSING BELL
DJIA 11,493.72 -53.59 | NSDQ 2,521.28 -1.86 | S&P 1,188.04 -4.93

Stocks fall as record-high yields at a Spanish debt auction and a downward revision of U.S. economic growth raised concerns about the global economy: MORE>>



TOP BUSINESS NEWS
Groupon's stock is threatening to drop below its IPO price for the first time since going public: MORE>> |  GRPN stock performance: MORE>>

jjLCD TV prices likely to hit all-time lows on Black Friday: MORE>>
 • Malls to track Black Friday shoppers' cell phones: MORE>>
 • Black Friday store hours: MORE>>
 • Our Black Friday blog: MORE>>

Target facing egg shortage in Chicago and other markets after dropping egg supplier accused of animal cruelty: MORE>>

Illinois Attorney General Lisa Madigan pushing to limit debt collectors' use of arrest warrants: MORE>>

Kraft Foods is betting big on India and its consumers' rising spending power: MORE>>

U.S. credit rating facing scrutiny after "super committee" fails to reach deal to reduce deficit: MORE>>

A U.S. bank regulator says mortgage servicers must fix problems in their foreclosure processes by the first part of 2012: MORE>>

More workers faking sick time: MORE>>

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


TALKING BUSINESS
"Congress needs to step back and look at the postal service as a business," said U.S. Postmaster General Patrick Donahoe, criticizing two bills that he said won't help the agency fix its problems: MORE>>


IN OTHER NEWS
jjAntoin "Tony" Rezko sentenced to 10 1/2 years in prison for extorting millions: MORE>>

Whooping cough outbreak continues to spread in McHenry County
, which is up to more than 120 cases: MORE>>

A teacher at Antioch High School accused of tampering with the grades of 64 students, mostly football players: MORE>>

President Barack Obama is pushing Congress to vote next week to preserve an expiring payroll tax cut: MORE>>

Rush Limbaugh says NASCAR fans booed Michelle Obama for "uppity-ism": MORE>>

Egypt's army chief offers to transfer power to a civilian president by July to placate protesters: MORE>>
 • Three American college students arrested: MORE>>

Turkey's prime minister calls for Syria's president to step down, likening his tactics to those used in Nazi Germany: MORE>>

Finally, an upside to being overweight: MORE>>

LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
Two thoughtful new books look at the dark side of the reversal of the Chicago River, says Blair Kamin in Cityscapes: MORE>>


SPORTS FIX

jjUptown man broke into White Sox GM Ken Williams' house and made himself at home before leaving with a World Series ring, police say: MORE>>

Major League Baseball players and owners sign labor deal that expands playoffs to 10 teams: MORE>>
 • New MLB contract limits smokeless tobacco use: MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
jjThree stars for the latest cinematic reunion of "The Muppets": MORE>>

John Mahoney pulls out of Steppenwolf's production of "Penelope" because of death in the family: MORE>>


Witness says she heard screaming of drowning woman the night Natalie Wood died: MORE>>


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

Weather |
Steadier rainfall this afternoon with a low of 35 tonight. 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
 • Justice looking a debit card fee plans
 • Boeing targets Wichita plant for defense cuts
 • NU loses funding for human stem cell trials
 • IMF unveils lending reforms
 • Minutes show Fed back clarifying policy
 • Morningstar: Hedge fund performance improved
 • CME Europe on track to launch OTC gold

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