Thursday, December 29, 2011

Dow up 135 | Chicago parking meter hikes | Michael Jordan engaged | Sears closures | Hollywood's bad year

 Thursday, Dec. 29, 2011 • chicagotribune.com business newsletter
By Zoe Galland, BizWrap columnist

CLOSING BELL
DJIA 12,287.04 +135.63 | NSDQ 2,613.74 +23.76 | S&P 1,263.02 +13.38

Moving along.
Stocks resumed their upward move into the year's end as positive data on the U.S. economy offset concerns about the eurozone: MORE>>



TOP BUSINESS NEWS
jjAmazon shares dip as Goldman Sachs warns that the online retailer may miss Wall Street sales estimates: MORE>>
 • Still, Amazon calls 2011 the "best holiday ever" for its Kindle: MORE>>

Sears
finally releases list of 79 U.S. stores it will close: MORE>>

Chicago drivers
can expect to pay up to 17 percent more to park on city streets next year (Crain's): MORE>>

North Carolina officials raid Butterball turkey facility looking for signs of animal cruelty: MORE>>

Sneaky Verizon Wireless to charge $2 fee for customers who pay cell phone bills over the phone or on the Internet: MORE>>

Former Hewlett-Packard CEO Mark Hurd ordered to make public letter detailing sexual-harassment allegations: MORE>>

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


TALKING BUSINESS
"I don't worry about failure," said Oprah Winfrey, who faces immense challenges in rescuing her cable channel OWN, the Oprah Winfrey Network, after a disappointing first year: MORE>>


IN OTHER NEWS
jjGov. Pat Quinn's seat belt law, which will take effect on New Year's Day, will require all backseat passengers to wear them: MORE>>
 • Other new Illinois laws going into effect address electronics recycling and a synthetic dope ban: MORE>>

Cleanup under way for major diesel spill in Fox River: MORE>>

Hanover Park
woman charged with neglecting her 81-year-old father: MORE>>

Turkey
acknowledges killing civilians in Iraq strike: MORE>>

Syria monitors visit Damascus amid continuing violence: MORE>>
 • Egyptian forces storm NGO offices throughout the country: MORE>>

LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
With the political focus on the Republican presidential nomination early next month, President Barack Obama will return to Chicago on Jan. 11 to host a series of fundraisers. More from Clout Street: MORE>>


SPORTS FIX

Lovie Smith snaps at reporter who asks if Bears offensive coordinator Mike Martz will be back next year: MORE>>

Michael Jordan
gets engaged to longtime girlfriend: MORE>>

Oregon
football player saves choking man at "Beef Bowl": MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
jj It may have gotten panned by critics, but the romantic comedy "Just Go With It" was the top-rented film at Redbox kiosks in 2011: MORE>>
 • Curtain falls on the worst year for Hollywood in recent memory: MORE>>

Singer Katy Perry and actor Russell Brand reportedly having marriage troubles: MORE>>

 • Sinead O'Connor blames wedding-night weed run for ruining her marriage: MORE>>

Actors Zoe Saldana and Bradley Cooper "totally dating": MORE>>

Rachel Uchitel expecting a child with boyfriend Matt Hahn: MORE>>


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

Weather |
Cloudy, with rain and possible snow developing after midnight, and lows in the mid 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
 • After Express Scripts, Walgreens to cut costs
 • Saturday is last day for paper savings bonds
 • Chicago Fed shows uptick in Midwest economy
 • Groupon closes deal for Silicon Valley startup
 • Jobless claims rise, but labor market healing
 • Fed calls it quits on 'twist' for year
 • U.S. prepares criminal charges in BP oil spill

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