 | | Thursday, Nov. 3, 2011 • chicagotribune.com business newsletter |  |
CLOSING BELL
DJIA 12,044.47 +208.43 | NSDQ 2,697.97 +57.99 | S&P 1,261.15 +23.25
Unexpected relief. Stocks gained as Greece backed away from a proposed referendum on staying in the euro and Europe cut interest rates, easing worries about the euro zone debt crisis: MORE>>
TOP BUSINESS NEWS
 No problem, Freddie Mac -- just take $6 billion more from us: MORE>>
• Perfect time for the Senate to investigate the huge bonuses paid to Fannie/Freddie execs: MORE>>
• Oh well, at least mortgage rates are still low: MORE>>
Ex-Morton's CEO Allen Bernstein, who turned the Chicago restaurant into one of the first national luxury-restaurant chains, dies: MORE>>
Sears' president of marketing to depart: MORE>>
WMAQ-Ch.5 anchor Zoraida Sambolin heads to CNN: MORE>>
Beam's third-quarter net income increases thanks to rising sales of its newer alcohol brands: MORE>>
Career Education's shares get pummeled for a second day: MORE>>
Amazon launches lending library for e-books: MORE>>
Apple to issue battery-life fix for iPhone and iPad: MORE>>
• "Siri, pour me a beer" (PCWorld): MORE>>
LATEST BUSINESS NEWS >> | SEND US A NEWS TIP >>
TALKING BUSINESS
"GE paid billions of dollars in taxes in the United States over the last decade, and we expect our overall tax rate will be approximately 30% in 2011," said General Electric in a statement challenging an examination of 280 of the nation's largest corporations. The study suggests many corporations aren't paying anything close to what they owe in taxes: MORE>>
IN OTHER NEWS
 Occupy Chicago protesters heckle Wisconsin Gov. Scott Walker during his visit here: MORE>>
• In Oakland, police confront protesters with tear gas: MORE>>
• U.S. military veterans march on Wall Street in uniform: MORE>>
Service on Metra's Milwaukee West Line thrown off after fiery freight train derailment near Elgin: MORE>>
Taxi crashes into Wicker Park restaurant, injuring customer: MORE>>
House panel subpoenas White House for Solyndra documents: MORE>>
Herman Cain makes more missteps as he claims that China is trying to develop nuclear capability: MORE>>
• Cain accuses Gov. Rick Perry's campaign of leaking details of sexual harassment allegation: MORE>>
LATEST CHICAGO AND NATIONAL NEWS >>
IN THE BLOGOSPHERE
The New York Times blog DealBook provides details of the alarms that sounded before the crash of MF Global, writing that months earlier, regulators issued warnings that MF Global needed to raise more capital, but CEO Jon S. Corzine resisted: MORE>>
SPORTS FIX
Mackanin, Maddux to be first to interview with Cubs: MORE>>
Jay Cutler is worried about noise issues that may arise when the Bears face the Eagles Monday night: MORE>>
La Russa downplays talk of rejoining White Sox soon: MORE>>
LATEST SPORTS NEWS >>
OFF THE CLOCK
 Justin Bieber's team admits he fathered a son. Just kidding, they're denying it completely: MORE>>
• Woman who accused Bieber is now getting death threats: MORE>>
• Bieber's paternity suit spoofed by Jimmy Fallon: MORE>>
PETA decides the best use of their resources is to bother Reese Witherspoon about her python bag: MORE>>
James Franco to try to talk to Tennessee Williams via Ouija board for an audition: MORE>>
HEADED OUT?
Traffic | See current information on area highways, buses, trains and planes on our commuting page: MORE>>
 Weather | Mostly clear, with lows ranging from near 30 in the outlying areas to the lower 40s downtown. See our weather page with radar and Tom Skilling's seven-day forecast: MORE>>
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