Monday, December 19, 2011

Dow down 100 | Pritzker breakup deadline | Macy's 83-hour marathon | End of Saab? | $4,155 on gas this year

 Monday, Dec. 19, 2011 • chicagotribune.com business newsletter
By Margaret O'Brien, BizWrap columnist

CLOSING BELL
DJIA 11,766.26 -100.13 | NSDQ 2,523.14 -32.19 | S&P 1,205.35 -14.31

Banking stocks fell sharply, leading U.S. stocks lower in a low-volume session as investors again focused on the uncertain outlook in the eurozone: MORE>>



TOP BUSINESS NEWS
CME Group's charitable arm halts grants in wake of MF Global meltdown: MORE>>

Some health plans steering members away from Walgreen: MORE>>

jjThis weekend the Pritzker family reaches the end of a tumultuous 10-year effort to divide its $19 billion fortune: MORE>>
 • The Pritzker family tree: MORE>>
 • Timeline: Breaking up the family empire: MORE>>

Macy's at Woodfield and Oak Brook malls to stay open for 83 continuous hours, starting Wednesday morning: MORE>>
 • Toys R Us staying open 112 hours starting tomorrow: MORE>>

Layoff notices to go out at Harley-Davidson after Dec. 23 if enough hourly workers don't volunteer to leave: MORE>>

Saudi prince and billionaire Alwaleed bin Talal buys $300 million stake in Twitter: MORE>>

Carmaker Saab files bankruptcy, shutdown likely: MORE>>

Postal Service expects more than 1.7 million cards to be mailed today in Chicago: MORE>>

Typical American spent $4,155 filling up gas tank this year: MORE>>

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


TALKING BUSINESS
"They're not bashful about spending on dining. They're not bashful about spending on what I would call attractions: museums, plays, concerts. … They're going for the full experience," John Chikow, president and CEO of the Greater North Michigan Avenue Association, said about sought-after international visitors to Chicago from China, Brazil, Germany and the U.K.: MORE>>


IN OTHER NEWS
Judge calls a motion for a new trial for former Gov. Rod Blagojevich “harebrained”: MORE>>

The GOP effectively kills a short-term tax break and calls on lawmakers to negotiate a full-year payroll tax cut extension: MORE>>

jjMan accused of torching woman in an elevator due in court: MORE>>

Snowstorm threatens travel in Southwest, Great Plains: MORE>>

North Koreans pour into the streets to mourn the death of Kim Jong Il as state media hails the succession of his son: MORE>>

Czechs mourn Vaclav Havel, the playwright-turned-president whose "Velvet Revolution" toppled Communist rule: MORE>>

Scores still missing in Russian oil rig accident: MORE>>

LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
Blair Kamin flags the worst news of 2011 in Chicago architecture and urban design, in Cityscapes: MORE>>


SPORTS FIX

Ten things to take away from the Bears loss to the Seahawks: MORE>>
 • Are you even going to watch the Packers-Bears game?: MORE>>
 • Bears 0-4 under Caleb Hanie: MORE>>

Chicago Bears wide receiver Johnny Knox undergoing back surgery today to stabilize vertebrae in his back: MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
jjLady Gaga named entertainer of the year: MORE>>

Some big-name films among Tribune movie critic Michael Phillips' 10 worst movies of the year: MORE>>

"Kojak" star Dan Frazer dies at 90: MORE>>

Lindsay Lohan's Playboy issue is breaking records, Hef says: MORE>>



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

Weather |
The 17th day this month with temperatures at or above normal. High of 43. 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
 • Caterpillar sales see steady growth, shares up
 • Redbox to rent movies, games in CTA stations
 • Business-class airline flying NYC-London
 • Madigan sues 3 firms over mortgage mods
 • Three days of court argument over health care
 • U.N.: Austerity push a threat to world economy
 • Altman takes 8.5% stake in Navistar

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