Wednesday, December 28, 2011

Dow down 140 | Cardinal defends KKK comment | Secretive Sears | New York Times spam? | Zuckerberg in Vietnam

 Wednesday, Dec. 28, 2011 • chicagotribune.com business newsletter
By Zoe Galland, BizWrap columnist

CLOSING BELL
DJIA 12,151.41 -139.94 | NSDQ 2,589.98 -35.22 | S&P 1,249. -15.79

No big bets.
Stocks fell in low-volume trading after a hefty year-end rally, with the S&P 500 erasing its gains for the year: MORE>>



TOP BUSINESS NEWS
jjWe're still waiting for Sears to release its list of stores to be closed: MORE>>
 • Sears Canada shares fall a day after its parent company's announcement: MORE>>
 • What Sears' stock woes mean for other retailers: MORE>>

Northbrook-based analytics startup Mu Sigma raises $108 million from investors (Crain's): MORE>>

Troubled insurer Allstate says it will cut executive payouts if it is taken over: MORE>>

FDA
scrutinizes Mead Johnson factory as Enfamil investigation continues: MORE>>

New York Times having trouble explaining why its subscribers were just hit with "home delivery" spam: MORE>>

Panda Express owners move from fast food to dry cleaning: MORE>>

"Rock Band"
still costing Viacom money even though it sold the games off last year: MORE>>

Vietnam
may block Facebook, but the country has no problem with founder Mark Zuckerberg vacationing there: MORE>>

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


TALKING BUSINESS
"Netflix saw scores drop in every single element of the website that ForeSee measures, including site content, site functionality, merchandise, and prices," said ForeSee, a customer satisfaction survey of the top 40 online retailers during the holiday season: MORE>>


IN OTHER NEWS
jj"Taste of Chicago" chopped to a five-day event and moved to the middle of July: MORE>>
 • Illinois Restaurant Association will have to compete to continue managing it: MORE>>

Chicago Cardinal Francis George defends his comment comparing the gay rights movement to the Ku Klux Klan: MORE>>

Arizona judge rules against ethnic-studies program in Tucson, saying it violates state law: MORE>>

Arab League monitor in Syria manages to see "nothing frightening" during visit to Homs: MORE>>
 • The monitor's background: He created Sudan's "janjaweed," responsible for some of the worst atrocities in Darfur: MORE>>

Snow and tears mark funeral for North Korea's Kim Jong-Il: MORE>>

LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
jjOver in CityScapes, Blair Kamin gives a preview of the still-unfinished Halsted Street Bridge over the Chicago River's North Branch canal. A tied-arch bridge, designed by Chicago architects Muller & Muller and Chicago-based Lochner engineers, is to replace a heavily trussed, moveable bridge built in 1909: MORE>>


SPORTS FIX

Jerry Angelo says Josh McCown could be Bears' No. 2 quarterback next season based on his performance against the Packers: MORE>>

Notre Dame
chooses captain for Champs Sports Bowl: MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
jjOprah leaves, "Boss" arrives and the Bunnies just pass through: Tribune critic Steve Johnson looks at the year in television: MORE>>
 • While we're doing roundups, here's a look at 2011's most gruesome TV deaths: MORE>>

Probably not a race it wanted to win, but "Fast Five" was the No. 1 most illegally downloaded film this year: MORE>>

Profanity-filled Bill Maher Tweet about Tim Tebow sparks HBO boycott: MORE>>


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

Weather |
Partly cloudy in the evening and then becoming cloudy, 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
 • U.S. gas demand jumps 7% in week
 • Ascension deal for Alexian to close Sunday
 • Google+ predicts 400 million visitors by 2012
 • Visitors spending record amounts in U.S.
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 • Hotel complex near McCormick Place thwarted
 • Warm weather helps retail sales, Sears aside

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