Thursday, November 10, 2011

Dow up 112 | New Crate & Barrel CEO | Penn State riot | Rick Perry's brain freeze | Starbucks juice bars

 Thursday, Nov. 10, 2011 • chicagotribune.com business newsletter
By Zoe Galland, BizWrap columnist

CLOSING BELL
DJIA 11,893.86 +112.92 | NSDQ 2,625.15 +3.50 | S&P 1,239.70 +10.60

Calming a bit.
Stocks rebounded on positive corporate news, but trading was choppy as nervous investors reacted to headlines painting a mixed picture of Europe's debt crisis: MORE>>



TOP BUSINESS NEWS
jj Starbucks scoops up California juice-maker as part of a plan to launch a new health and wellness-focused chain: MORE>>
 • McDonald's plans to speed up new store openings and renovations in 2012: MORE>>

Major retail chains
are sniffing around troubled South Side grocery operation Moo & Oink: MORE>>

Crate & Barrel is getting a new CEO: MORE>>

Cheap Trick
is planning to open a museum and concert venue on Michigan Avenue: MORE>>

High-profile Chicago lawyer Ted Tetzlaff is fighting off a $4.5-million foreclosure suit from Bank of America (Crain's): MORE>>
 • Chicago-area foreclosure filings jump in October: MORE>>

U.S. regulator tries to defend the ridiculous executive bonuses at bailed-out mortgage giants Fannie and Freddie: MORE>>

It's not all fun and games at Zynga. The creator of "Farmville" wants some workers to surrender stock options ahead of IPO: MORE>>

Ex-banker named transitional leader of Greece: MORE>>

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


TALKING BUSINESS
jj"I expressed my disappointment, in that I was told for months now that we'd get an answer in this fall's veto session," said CME Group chairman Terrence Duffy, responding to the news that Illinois lawmakers are not expected to act this week on tax break legislation aimed at keeping CME and Sears from leaving the state, in spite of intense pressure to do so: MORE>>


IN OTHER NEWS
jjRick Perry tries to laugh off the fact that he committed political suicide during last night's debate: MORE>>
 • Herman Cain contemptously calls Nancy Pelosi "Princess Nancy" while answering question about health care: MORE>>


City to restore crosswalk betweent Buckingham Fountain, lakefront: MORE>>

Alabama governor criticizes Jefferson County's massive bankruptcy filing: MORE>>

Richard Nixon's long-secret grand jury testimony released: MORE>>

Africa's Western black rhino has been declared extinct: MORE>>

LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
The leader of the Chicago City Council’s Latino Caucus said today that four more wards should have Latino supermajorities, an announcement that came as the council nears a deadline for redrawing the city's wards. More from Clout Street: MORE>>


SPORTS FIX

jjPenn State fires JoePa: MORE>>
 • Rioting Penn State students embarrass the university: MORE>>
 • The disturbing Grand Jury report on Sandusky: MORE>>
 • Why Mike McQueary should be next in firing spree (Bleacher Report): MORE>>

Major League
catcher abducted at gunpoint in Venezuela: MORE>>

Wrigley Field's Ernie Banks
statue getting a makeover: MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
jjMichael Phillips writes that the new Lars Von Trier film "Melancholia" manages to overcome its director's verbal gaffes: MORE>>
 • Ten movies to see this holiday season: MORE>>

Comedian Chelsea Handler and hotelier Andre Balazs break up after a year together: MORE>>

Ashton Kutcher
is "quitting Twitter" after making callous remark about JoePa and Penn State
: MORE>>


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

Weather |
Partly cloudy and coooold, with lows in the upper 20s. 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
 • Thanksgiving to gobble up more cash this year
 • CFTC launches formal probe of MF Global
 • Caterpillar to buy Chinese firm for $887M
 • Senate rejects GOP bid to overturn Web rules
 • Airbus parent delays A350 rollout
 • Job, trade data hint at stronger growth
 • A.M. Castle buys tube company for $165M

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