Monday, November 14, 2011

Dow down 74 | Ads on Chicago bridges | Kindle Fire | Buffett's IBM stake | NBA season in jeopardy | Chelsea Clinton, TV reporter

 Monday, Nov. 14, 2011 • chicagotribune.com business newsletter
By Zoe Galland, BizWrap columnist

CLOSING BELL
DJIA 12,078.98 -74.70 | NSDQ 2,657.22 -21.53 | S&P 1,251.78 -12.07

Short-lived hopes.
Wall Street fell as initial optimism about new governments in Italy and Greece gave way to caution over the huge debt problems still plaguing the euro: MORE>>



TOP BUSINESS NEWS
jj The Kindle Fire, Amazon's much-anticipated challenge to the iPad, goes on sale today: MORE>>
 • The online retail giant is raising its bet on its Amazon Prime customer-loyalty program: MORE>>

Sam Zell buys Elysian Hotel
in the Gold Coast and reportedly plans to convert it into a Waldorf Astoria: MORE>>

Baileys Irish Cream
sues Chicago-based Eli's Cheesecake for using its logo without permission: MORE>>

MF Global sued by fired employees, who say they were not given proper notice: MORE>>

Target employees protest the company's midnight opening on Black Friday, saying it'll cut into Thanksgiving family time: MORE>>

Coca-Cola to invest $2 billion in India over five years: MORE>>
 • Coca-Cola plans celebration to mark the Terre Haute, Ind., roots of its iconic bottle: MORE>>

Warren Buffett buys about $10.7 billion in IBM shares‎: MORE>>

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


TALKING BUSINESS
"A European sovereign debt default may well sink the United States back into recession," wrote members of the San Francisco Fed, warning that the European debt crisis is making economic contraction more likely than not by early 2012: MORE>>


IN OTHER NEWS
jjBank of America ads were put up on some of the Chicago River's bridge houses this morning: MORE>>
 • The ads are part of Mayor Rahm Emanuel's initiative to raise $25 million by placing ads on city buildings: MORE>>


Ticketless Metra rider sprays conductor with Mace: MORE>>

Supreme Court
agrees to decide the fate of President Barack Obama's health care law: MORE>>

CNN poll finds Newt Gingrich in a virtual tie with Mitt Romney, while support for Herman Cain's candidacy has begun to slide: MORE>>
 • Poll offers hope both for Obama and Republicans: MORE>>
 • Cain accuser's ex-boyfriend corroborates her story: MORE>>

Democrats plan midnight launch for recall of Wisconsin Gov. Scott Walker: MORE>>

Jordan's king calls on Syria's Bashar al-Assad to step down: MORE>>

Kind-of-hilarious professor at a college in California refuses to teach if his students don't bring him snacks (USA Today): MORE>>

LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
Chelsea Clinton started a new job today at NBC News, the LATimes' Nation Now blog reports. She'll be working on projects for "NBC Nightly News" and Brian Williams' news magazine, "Rock Center": MORE>>


SPORTS FIX

NBA season in jeopardy after union rejects deal: MORE>>

Bears
dominate the Lions 37-13 in a chippy, fight-filled game: MORE>>

Judge
who granted unsecured bail for alleged molester Jerry Sandusky reportedly a volunteer for Sandusky's charity: MORE>>
 • Second Mile CEO Jack Raykovitz resigns: MORE>>
 • Big Ten removes Joe Paterno's name from title trophy: MORE>>
 • At Penn State's stadium, profanity and scorn greet one father's protest (Washington Times): MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
jjJustin Timberlake is the "belle" of the Marine Corps Ball after accepting a YouTube invitation from a female Marine: MORE>>
 • Timberlake describes the event as "one of the most moving evenings I've ever had": MORE>>

"Sin City" director Frank Miller attacks Occupy Wall Street protesters, telling them to get organized or go home
: MORE>>

Kermit
and Miss Piggy upstage Jason Segel and Amy Adams at the "The Muppets" movie premiere: MORE>>



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

Weather |
Mostly clear tonight, with lows in the upper 30s, and warmer weather headed our way tomorrow. 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
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 • American Eagle fined $900K for Chicago delays
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