Thursday, December 15, 2011

Dow up 45 | Coca-Cola likes Daley | CME sues Corzine | American cuts O'Hare flights | Bears player arrested

 Thursday, Dec. 15, 2011 • chicagotribune.com business newsletter
By Zoe Galland, BizWrap columnist

CLOSING BELL
DJIA 11,868.81 +45.33 | NSDQ 2,541.01 +1.70 | S&P 1,215.75 +3.93

Fragile mood.
Signs of strength in the labor market and manufacturing sector, as well as a higher quarterly profit from FedEx, pushed U.S. stocks slightly higher: MORE>>



TOP BUSINESS NEWS
jj Coca-Cola taps former Chicago Mayor Richard M. Daley as a director at the company: MORE>>
 • James Pritzker to restore and open Frank Lloyd Wright's Emil Bach House: MORE>>

CME Group directors sue Jon Corzine and other former MF Global executives: MORE>>

Specialty grocer Fresh Market ends lease for Lincoln Park development: MORE>>

Illinois unemployment rate falls to 10 percent: MORE>>
 • Mortgage rates hit record low of 3.94 percent: MORE>>

Bankrupt American Airlines is reducing service to O'Hare: MORE>>

Insurance group finds that driver cellphone bans don't work: MORE>>

Morgan Stanley plans 1,600 job cuts in first quarter of 2012: MORE>>

Ready or not, it's time for Facebook's Timeline: MORE>>

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


TALKING BUSINESS
"Some people who see $12.99 and $14.99 for e-books may find those prices a little expensive," says literary agent Scott Waxman. The price gap between the print and e-versions of some top-selling books has narrowed to within a few dollars -- and in some cases, e-books are more expensive than their printed equivalents: MORE>>


IN OTHER NEWS
jjSuspected drunk driver goes the wrong way on the Edens Expressway for 11 miles: MORE>>

Bankrupt trucker
buys $11.2 million Lotto ticket: MORE>>

New York Gov. Andrew Cuomo thinks New Jersey Gov. Chris Christie is "only as fat as the rest of America" (NYMag): MORE>>

New death sentences and executions plunge in U.S., though Texas is still No. 1: MORE>>

U.S. military marks end to nearly nine bloody years in Iraq: MORE>>
 • The New York Times looks closely at just how scarred Iraq is from the war: MORE>>

Syrian rebels kill 27 soldiers in the southern part of the country: MORE>>

LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
jjThe Tribune's John Kass reports on a Wisconsin man who rescued a fawn and is now being threatened with jail time because of it. The fawn now has a name, Charlotte, and she greets visitors with a nuzzle. Kass's article has led some readers to start online campaigns to convince Wisconsin to save Charlotte: MORE>>


SPORTS FIX

Bears receiver Sam Hurd hit with drug charges after allegedly looking to sell cocaine and marijuana in Chicago: MORE>>

Aaron Rodgers thinks it's cute to act like the Bears actually pose a threat to the Packers' playoff chances: MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
jjGeorge Clooney dominates the Golden Globes nominations: MORE>>
 • Full list of nominations: MORE>>
 • Deadline Hollywood notes that the correlation between Golden Globe winners and Oscar winners has been dwindling: MORE>>
 
Kate Middleton preps for first Christmas with the royal family: MORE>>


Barbara Walters names Steve Jobs the year's most fascinating person: MORE>>



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

Weather |
Partly cloudy, with lows in the mid-20s and northwest winds 10 to 20 mph. 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
 • Southwest CEO wants to re-widen price gap
 • Insurance group names 115 safest cars
 • Discover Financial Q4 profit rises 46%
 • FedEx orders 27 Boeing 767s in fleet upgrade
 • U.S. teenagers triple data usage: Nielsen
 • Chase cleans up checking account fee list
 • Exelon offers up Constellation concessions

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