Wednesday, November 2, 2011

Dow up 178 | Chicago drops 'head tax' | Chicago plastic bag ban? | Filene's closing | New look for Gmail

 Wednesday, Nov. 2, 2011 • chicagotribune.com business newsletter
By Margaret O'Brien, BizWrap columnist

CLOSING BELL
DJIA 11,836.04 +178.08 | NSQ 2,639.98 +33.02 | S&P 1,237.91 +19.63

Stocks pared gains after a source said the European Union and International Monetary Fund will not release an 8 billion euro payment to Greece until after its planned referendum: MORE>>



TOP BUSINESS NEWS
Chicago City Council votes to eliminate the monthly "head tax" big companies pay for each employee, by mid-2014: MORE>>

jjFilene's Basement and its parent Syms file bankruptcy a third time and plan to go out of business: MORE>>

Large stores in Chicago would be banned from using plastic bags under a new proposal: MORE>>

Illinois Attorney General Lisa Madigan tries to stop Exelon's proposed $8 billion takeover of Constellation Energy: MORE>>

New proposal to save the U.S. Postal Service would cut 100,000 workers and end Saturday service within two years: MORE>>

Groupon IPO expected to price $1- to $2-per-share above
its projected range: MORE>>

Planned layoffs drop sharply in October: MORE>>

Wal-Mart to "leak" Black Friday deals early: MORE>>

Google rolling out its new look for Gmail: MORE>>

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


TALKING BUSINESS
"We are still awaiting confirmation of a turnaround," Youssef Squali, an analyst with Jefferies, said about AOL: MORE>>


IN OTHER NEWS
Watchdog: At least five Chicago-area fugitives apparently reached back to conduct lucrative financial deals while they hid: MORE>>
 • Full package: Across the Border, Beyond the Law: MORE>>

jjAn eagle found shot in the wing along the Illinois River: MORE>>

Hebron pilot successfully lands experimental aircraft in farm field while suffering a heart attack: MORE>>

Proposal would allow Chicago police to write tickets for small amounts of marijuana rather than make arrests: MORE>>

New Hampshire sets first presidential primary for Jan. 10: MORE>>

Four Georgia militia members accused of plotting to buy explosives and to produce a deadly biological toxin known as ricin: MORE>>

France, Germany demand decision on whether Greece will stay in the eurozone by December: MORE>>

UK court rules WikiLeaks founder Julian Assange should be extradited to Sweden: MORE>>

Pakistan and India to restore normal trade relations: MORE>>

Today -- 11022011 -- a very rare palindrome day: MORE>>

LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
Architectural firm DeStefano Partners blames Public Building Commission and building bust for its split in two, reports Blair Kamin, in Cityscapes: MORE>>


SPORTS FIX

Mike Quade is out as Chicago Cubs manager with one year remaining in his two-year deal: MORE>>

After two-year legal battle, Frank McCourt has agreed to sell the Los Angeles Dodgers: MORE>>

Shaquille O'Neal slam-dunks LeBron James in new book: MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
jjChicago tops numerous lists for America's favorite foods: MORE>>

Baby-faced Justin Bieber slapped with paternity suit: MORE>>
 • Hugh Grant a father at 51: MORE>>
 • Bieber breaks Lady Gaga's YouTube record: MORE>>

Lindsay Lohan gets 30 days in jail for violating probation: MORE>>



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

Weather |
Another 65-degree day. But a chilly rain develops Wednesday night, becoming windy and noticeably cooler. See our weather page with radar and Tom Skilling's seven-day forecast: MORE>>



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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
 • CareerEd shares sink 43% after CEO resigns
 • Acquisitions help boost Donnelley's 3Q
 • Foreclosure firm mocked homeless
 • DailyDeals jumps into online coupon battle
 • Molson Coors Q3 profit disappoints
 • Former ShoreBank CEO Joseph Hasten dies
 • Hyatt 3Q profit drops 53% on charges

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