Thursday, January 5, 2012

Dow down 3 | United keeping 'Rhapsody' | Macy's closures | Sambolin selling house | Leaner military

 Thursday, Jan. 5, 2012 • chicagotribune.com business newsletter
By Zoe Galland, BizWrap columnist

CLOSING BELL
DJIA 12,415.70 -2.72 | NSDQ 2,669.86 +21.50 | S&P 1,281.06 +3.76

Still unsure.
Stocks were mixed as investors showed optimism that a stronger economy will help boost balance sheets of U.S.-based lenders, but remained wary of Europe's debt strategy: MORE>>



TOP BUSINESS NEWS
jjFormer WMAQ-Ch. 5 news anchor Zoraida Sambolin lists Oak Park house for $1.8 million: MORE>>
 • Carol Fowler is out and Phyllis Schwartz is in as news director at Fox Chicago: MORE>>

BlueStar Energy
, which bills itself as an alternative to ComEd and Ameren, is selling itself to a huge electric utility: MORE>>

Three major Illinois employers ended 2011 by announcing plans to lay off 260 workers starting next month: MORE>>

Macy's
to close Oak Brook Bloomingdale's and eight other stores: MORE>>

United Airlines
to keep "Rhapsody in Blue" as theme song: MORE>>

Strategic Hotels CEO
Laurence Geller given British honor: MORE>>


Barnes & Noble
may spin off its Nook unit: MORE>>

Netflix has best day in a year, thanks to jump in online viewing: MORE>>

BMW speeds past Lexus in the U.S. luxury market: MORE>>

No lives left for Clorox cat litter commercial, judge rules: MORE>>

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


TALKING BUSINESS
"Mobile doesn't have the inherent built-in social network that a platform like Facebook does," said Zynga executive Paul Bettner. Zynga faces challenges as it promotes a new mobile word game called "Scramble with Friends" to expand its user base beyond Facebook: MORE>>


IN OTHER NEWS
jjPolice Officer Clifton Lewis, who was killed last week while off duty, remembered as a man who went beyond his duty to serve his community: MORE>>
 • Mayor Rahm Emanuel asks for help in finding the killers: MORE>>

Three Chicago churches among victims of mortgage fraud: MORE>>

Oklahoma teen mom
called "hero" for fatally shooting intruder: MORE>>

Casey Anthony
is back with a blond makeover: MORE>>

President Barack Obama
unveils a leaner U.S. military focusing more on Asia: MORE>>

More than 70 killed in Iraq as bombs target Shiites: MORE>>

LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
The Los Angeles Times Technology blog gives a rundown of the current iPad 3 rumors: MORE>>


SPORTS FIX

Oh no, please don't let Derrick Rose be injured: MORE>>

Why Carlos Zambrano may be a perfect fit with Ozzie Guillen in South Beach: MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
jjSinead O'Connor calls off her divorce: MORE>>
 • Zooey Deschenal makes $95,000 a month, according to her divorce papers: MORE>>
 • Mario Lopez gets engaged in Mexico: MORE>>

Michael Phelps and beauty queen girlfriend call it quits: MORE>>

Rihanna and Chris Brown's alleged Twitter affair may be getting ugly: MORE>>

A documentary about the Grateful Dead's Jerry Garcia is in the works: MORE>>


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

Weather |
Mostly clear and warmer ("warmer"), with 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
 • Fitch lets Illinois credit rating stand
 • Retail sales solid in final holiday stretch
 • Boeing aircraft deliveries rise 10% in 4Q
 • 30-year mortgage rates fall back to record low
 • Retailers carrying Enfamil again
 • Walgreen December same-store sales rise
 • Kraft, soda machine firm in branding deal

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