Monday, December 12, 2011

Dow down 163 | Lowe's accused of 'bigotry' | CME/Sears tax breaks | Kindle Fire improvements | Taxi reforms

 Monday, Dec. 12, 2011 • chicagotribune.com business newsletter
By Zoe Galland, BizWrap columnist

CLOSING BELL
DJIA 12,021.39 -162.87 | NSDQ 2,612.26 -34.59 | S&P 1,236.47 -18.72

Lingering concerns.
Stocks fell as investors returned to worrying about a deal for economic integration in Europe and after Intel cut its revenue outlook: MORE>>



TOP BUSINESS NEWS
jjHouse passes bill giving CME Group and Sears tax breaks to persuade them to stay in Illinois: MORE>>
 • Bill also includes tax relief for poor and middle-class families: MORE>>

Hardware giant Lowe's in trouble after it yanks ads from a reality show about American Muslims: MORE>>

Ford F-150 named Motor Trend Truck of the Year: MORE>>

Occupy protesters on the West Coast target corporations that run some of the busiest ports there: MORE>>

Amazon addresses Kindle Fire complaints, saying the hot tablet will soon have a better operating system: MORE>>

Absurdly violent video game "Call of Duty: Modern Warfare 3" is, perhaps not surprisingly, absurdly popular: MORE>>

Europe demands more info on Google's Motorola deal: MORE>>
 • Google's top three execs own a "surprising" number of private jets (Business Insider): MORE>>

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


TALKING BUSINESS
"We don't have any confidence that we are spending all this time and effort and the taxpayers' money and that we're not being spun," said U.S. District Judge Ellen Huvelle. The Justice Department and AT&T are putting on hold the antitrust lawsuit over AT&T's proposed $39 billion purchase of T-Mobile: MORE>>


IN OTHER NEWS
jjMayor Rahm Emanuel announces reforms to Chicago's taxi industry, including real-time monitoring of traffic tickets given to cabbies: MORE>>
 • The Tribune's stories on the city's worst cab drivers and how many have gone unpunished: MORE>>

Car hits pedestrian and slams into flower shop on northwest side: MORE>>

President Barack Obama and Iraqi Prime Minister Nouri Maliki declare an end to nine years of war: MORE>>

Russian billionaire Mikhail Prokhorov, owner of the New Jersey Nets, to run for president of Russia next year: MORE>>

Supreme Court to rule on Arizona immigration law: MORE>>

Syria holds elections despite fresh violence: MORE>>

LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
Hooray! All but one of the garish Bank of America signs have been removed from the Wabash Avenue Bridge, Blair Kamin reports in Cityscapes: MORE>>


SPORTS FIX

Bears hope to put ugly 13-10 overtime loss to Denver behind them: MORE>>
 • Super-annoying Broncos quarterback Tim Tebow may be getting a wee bit too much credit for the team's success: MORE>>

Detroit Pistons shooting guard Richard Hamilton expected to sign with Bulls
: MORE>>

Brewers sign ex-Cubs third baseman Aramis Ramirez: MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
jjMeryl Streep covers Vogue magazine for the first time: MORE>>
 • Lindsay Lohan loses $10,000 when purse is stolen at a party in Hawaii: MORE>>
 • Steve Guttenberg receives Hollywood Walk of Fame star: MORE>>
 
Sony releases first "Men in Black 3" trailer: MORE>>


Rachel Crow meets with Disney after leaving "The X Factor": MORE>>



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

Weather |
Cloudy and warmer ("warmer"), 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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 • First Midwest Bank cutting 85 jobs
 • FedEx: Today to be its busiest of the year
 • Fed nearing a plan to clarify direction of rates
 • Farmers have one of their best years ever
 • Red Roof Inn launches room redesign
 • Community Health buying MetroSouth

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