 | | Thursday, Jan. 26, 2012 • chicagotribune.com business newsletter |  |
CLOSING BELL
DJIA 12,734.63 -22.33 | NSDQ 2,805.28 -13.03 | S&P 1,318.45 -7.60
Housing sputters. Wall Street dipped after weaker-than-expected housing data gave investors reason to pause: MORE>>
TOP BUSINESS NEWS
 Foreclosures made up 17 percent of Chicago-area home sales in the third quarter: MORE>>
• Bank of America and Chase could lose millions from poor HAMP performance: MORE>>
Lead Blagojevich prosecutor to leave U.S. attorney's office: MORE>>
Caterpillar profit surges past expectations: MORE>>
• Glenview-based Enfamil maker Mead Johnson sees shares rise after its profit beats Street: MORE>>
PepsiCo says three of its drinks are now billion-dollar brands, including, grossly enough, Diet Mountain Dew: MORE>>
• Taco Bell launches breakfast menu: MORE>>
AT&T earnings hurt badly by failed T-Mobile takeover bid: MORE>>
European Commission unhappy that Volcker Rule will discourage banks from trading European sovereign bonds (WSJ): MORE>>
LATEST BUSINESS NEWS >> | SEND US A NEWS TIP >>
TALKING BUSINESS
"We believe Netflix was a bit dismissive of the potential competitive threat here," said JPMorgan analyst Doug Anmuth, commenting on Netflix's missteps of the past year. Still, Netflix won back Wall Street's affections Thursday, a day after it said it signed up more U.S. subscribers than expected in the fourth quarter: MORE>>
IN OTHER NEWS
 President Obama and Arizona Gov. Jan Brewer have testy exchange on Phoenix-area tarmac: MORE>>
• Involving finger-pointing: MORE>>
• Columnist Jonathan Chait thinks it was a subtle strategy by Obama to energize Latino voters: MORE>>
Sen. Mark Kirk has more surgery to relieve swelling in brain: MORE>>
73-year-old Chicago mobster found guilty of federal charges of conspiracy and racketeering: MORE>>
Arlington Heights man sentenced to 40 years for killing his grandmother: MORE>>
California man gets restraining order against fourth-grade son's classmate: MORE>>
Son of New York City's police chief accused of rape: MORE>>
Egypt prevents at least 10 foreigners from leaving the country, including son of U.S. Transportation Secretary Ray Lahood: MORE>>
LATEST CHICAGO AND NATIONAL NEWS >>
IN THE BLOGOSPHERE
 The New York Times' huge expose on Apple, published today, has provoked lots of reactions on the Web. The Times article, which comes two weeks after a similar NPR piece, looks at the horrific conditions for Chinese workers who assemble Apple's products: MORE>>
• "Most people would be really disturbed if they saw where their iPhone comes from": MORE>>
SPORTS FIX
Bulls' loss to Indiana a wakeup call as they prepare to play Miami on Sunday: MORE>>
Rafael Nadal flattens Roger Federer at Australian Open: MORE>>
LATEST SPORTS NEWS >>
OFF THE CLOCK
 Demi Moore hospitalized after allegedly suffering a seizure: MORE>>
• L.A. officials to release edited recording of a 911 call made from her home: MORE>>
• Ashton Kutcher declines to comment: MORE>>
Pat Sajak says he and Vanna White used to drink before "Wheel of Fortune" tapings: MORE>>
Khloe Kardashian gets a real job, sort of: MORE>>
HEADED OUT?
Traffic | See current information on area highways, buses, trains and planes on our commuting page: MORE>>
 Weather | Mostly cloudy in the evening, then clearing, with lows in the mid-20s. See our weather page with radar and Tom Skilling's seven-day forecast: MORE>>
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