 | | TGIF, Dec. 16, 2011 • chicagotribune.com business newsletter |  |
CLOSING BELL
DJIA 11,866.39 -2.42 | NSDQ 2,555.33 +14.32 | S&P 1,219.66 +3.91
An early rally fizzled, leaving major averages with modest gains, as Wall Street was torn between hope that U.S. economic data points to better times ahead and fear Europe's debt crisis will engulf major world economies: MORE>>
TOP BUSINESS NEWS
SEC sues former CEOs of Fannie Mae and Freddie Mac: MORE>>
 Chicago-based Morton's steakhouse chain being sold: MORE>>
Deerfield-based Beam Inc. is buying Cooley Distillery, a historic Irish whiskey maker: MORE>>
At Kmart stores in Chicago and other cities, anonymous donors are paying off strangers' layaways: MORE>>
American, US Air and United worst in airline hassle rankings: MORE>>
New York regulators have approved Exelon merger with Baltimore-based Constellation Energy: MORE>>
Incandescent light bulbs get a nine-month reprieve: MORE>>
Paper savings bonds disappearing Jan. 1: MORE>>
Google's Chrome has surpassed Explorer and Firefox to become most popular browser: MORE>>
• IPO values Farmville-maker Zynga at $7 billion: MORE>>
Mmm, beer chocolate: MORE>>
LATEST BUSINESS NEWS >> | SEND US A NEWS TIP >>
TALKING BUSINESS
"This is a fantastic idea and is going to revolutionize the way people shop," Tanya Shaw, president and CEO of Unique Solutions, said about body-scanning fitting machines for clothing: MORE>>
IN OTHER NEWS
There have been nearly 700 revisions to Illinois' pension laws since 2003, and they're still a mess: MORE>>
 CTA removes all of its new rail cars as a precaution while it investigates suspected quality defects in the wheels: MORE>>
Wisconsin officials promise to spare Charlotte the deer: MORE>>
The two Republican front-runners, Newt Gingrich and Mitt Romney, essentially called a cease-fire in Thursday night debate: MORE>>
An American Army intelligence analyst accused of giving hundreds of classified documents to WikiLeaks appears in court: MORE>>
Italy's government easily won a confidence vote on its tough austerity package: MORE>>
Japan declared its tsunami-stricken Fukushima nuclear power plant to be in cold shutdown: MORE>>
Russia's customs service said it has seized radioactive material headed for Iran: MORE>>
A Russian spacecraft that was headed for a moon of Mars but got stuck in Earth's orbit, will come crashing back next month: MORE>>
LATEST CHICAGO AND NATIONAL NEWS >>
IN THE BLOGOSPHERE
Goose Island and Frontera Grill team up for limited edition beer, reports The Stew: MORE>>
SPORTS FIX
Barry Bonds avoids jail, sentenced to 30 days of house arrest and two years of probation: MORE>>
Bears receiver Sam Hurd has bond set at $100,000: MORE>>
Ronnie Brewer will start at shooting guard in the Chicago Bulls' preseason opener against the Indiana Pacers: MORE>>
"What I saw was wrong and sexual," Penn State assistant football coach Mike McQueary testified: MORE>>
LATEST SPORTS NEWS >>
OFF THE CLOCK
 British-American author Christopher Hitchens, known for his polemical writings on religion, politics and war, dies after battle with cancer: MORE>>
Chicago Tribune movie critic Michael Phillips picks his top 10 movies of the year: MORE>>
"Extreme Makeover" canceled after nine seasons: MORE>>
Indonesian police shave heads of punk rock music fans: MORE>>
HEADED OUT?
Traffic | See current information on area highways, buses, trains and planes on our commuting page: MORE>>
 Weather | The coolest daytime temperatures in six days! High of 37, low of 27. See our weather page with radar and Tom Skilling's seven-day forecast: MORE>>
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