Friday, December 2, 2011

Dow barely changed | WGN's Greg Jarrett out | Trump to moderate debate | Jobless rate falls | Zynga IPO

 TGIF, Dec. 2, 2011 • chicagotribune.com business newsletter
By Zoe Galland, BizWrap columnist

CLOSING BELL
DJIA 12,019.42 -0.61 | NSDQ 2,626.93 +0.73 | S&P 1,244.28 -0.30

Mixed reaction. Stocks ended flat, but capped the best week for Wall Street bulls in almost three years on news that the U.S. unemployment rate fell to a 2½ year low: MORE>>



TOP BUSINESS NEWS
jjJust months after its acquisition of longtime Chicago-area manufacturing stalwart Alberto-Culver, consumer products giant Unilever plans to shut down the Melrose Park facility and lay off 600 workers: MORE>>

Greg Jarrett
is out and Jonathon Brandmeier is in as morning man at WGN-AM 720: MORE>>

Zynga
, the online gaming company founded by Chicago native Mark Pincus, tests IPO waters with $7 billion target: MORE>>

Suffering BlackBerry-maker RIM to take $485 million loss on unsold PlayBook inventory: MORE>>

Honda announces worldwide recall for air bag problems‎: MORE>>

MF Global customer says its entire account is missing: MORE>>
 • House panel subpoenas former MF Global chief Jon Corzine: MORE>>

Apple's Siri is irking abortion rights advocates: MORE>>

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


TALKING BUSINESS
"(Wall Street's) lost its purpose and its vision," said billionaire Dallas Mavericks owner Marc Cuban, who opined that Wall Street has become a "platform for hackers" that use high-frequency trading and complex algorithms to make money, rendering it useless: MORE>>


IN OTHER NEWS
jjDonald Trump tapped to moderate what will likely be the strangest GOP debate ever: MORE>>
 • Newt Gingrich tries to explain why he supports child labor: MORE>>
 • Herman Cain to meet with wife to determine whether his candidacy has a future: MORE>>

Ex-Chicago cop admits robbing on behalf of a street gang: MORE>>

Judge says he'll hand down Blagojevich sentence Wednesday: MORE>>

Protesters and police tussle over barricades at Occupy San Francisco site‎: MORE>>
 • Occupy Boston allowed to stay in city's Dewey Square: MORE>>
 • In New York City, arrested protesters say NYPD officers cravenly ate their pizzas (NYMag): MORE>>

Vice President Joe Biden confers with Turkish leaders about Syria and Iran: MORE>>

LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
Microsoft researcher David Heckerman, the inventor of Microsoft's spam filter that protects Hotmail, Outlook and Exchange clients, has turned his attention to designing a vaccine for HIV, saying that fighting spam and fighting HIV are not as different as some might think. More from the LATimes' Technology blog: MORE>>


SPORTS FIX

Bulls to open postponed season in LA versus the Lakers: MORE>>
 • Magic Johnson to bid for the Los Angeles Dodgers: MORE>>

 
The Bears (and 30 other clubs) decide to take a pass on Donovan McNabb: MORE>>

Penn State officials say student applications remain strong: MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
jjNovelist Salman Rushdie accused of "unchivalrous behaviour" by a New York socialite he is said to have wooed, and then abruptly dumped, over Facebook: MORE>>

Brad Pitt
helps console suicidal man at "Moneyball" screening: MORE>>


Scarlett Johansson allegedly hates Blake Lively for dating Johansson's former husband Ryan Reynolds: MORE>>



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

Weather |
Mostly clear in the early evening, then becoming mostly cloudy, with lows in the lower 30s. 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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