Friday, January 13, 2012

Dow down 49 | Aon moving | John Edwards ill | Rose recovering | Streep's Thatcher

 TGIF, Jan. 13, 2012 • chicagotribune.com business newsletter
By Zoe Galland, BizWrap columnist

CLOSING BELL
DJIA 12,422.06 -48.96 | NSDQ 2,710.67 -14.03 | S&P 1,289.09 -6.41

Thanks, S&P.
Stocks fell after news reports that Standard & Poor's would downgrade credit ratings on several eurozone countries: MORE>>

 • France and Austria set to lose Triple-A: MORE>>


TOP BUSINESS NEWS
jj Aon's moving its headquarters from Chicago to London, partly because of U.S. taxes: MORE>>
 • Three prominent Chicago businessmen on Aon's board voted against the move: MORE>>

Ex-Tribune CEO Randy Michaels
gets DUI charges dismissed: MORE>>
 • Muriel Clair semiretiring from WGN-Ch.9 after 33 years: MORE>>

Walgreen Co.
sued for overcharging for generics: MORE>>

Illinois regulators give Ameren permission to raise natural gas rates by about $32 million: MORE>>

Another Groupon rival bites the dust: MORE>>

Apple
halts iPhone 4S release in China stores after near-riot: MORE>>


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


TALKING BUSINESS
"Sears' options are diminishing for the simple reason that Sears' core business has been declining," said Sean Egan, managing director at Egan-Jones Ratings Co., commenting on commercial lender CIT Group's refusal to provide loans to suppliers shipping goods to Sears and Kmart: MORE>>


IN OTHER NEWS
jjDoctors say John Edwards has a life-threatening condition: MORE>>
 • Newt Gingrich calls on "super PAC" to stop ads: MORE>>
 • President Obama seeks power to merge six federal agencies: MORE>>

Eleven people charged in Aurora prostitution ring
: MORE>>

A rat infestation at Occupy D.C.'s site prompts calls to clear out protesters: MORE>>

Marines move toward charges over desecration video: MORE>>

Joran Van der Sloot gets 28 years for Peru murder: MORE>>

LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
The New York Times' Bits blog writes about the IBM researchers who have successfully stored a single data bit in just 12 atoms. The new storage could lead to 100-fold increases in chip densities: MORE>>


SPORTS FIX

BizWrap's husband, Derrick Rose, is recovering well from his toe injury and plans to play against the Celtics tonight: MORE>>

The Cubs' Starlin Castro says he has cooperated with police in sexual assault case: MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
jjMichael Phillips says Meryl Streep excels as Margaret Thatcher, even though the biopic "Iron Lady" does not work: MORE>>
 • New York Review of Books decides to be annoyingly contrarian and attack Streep's acting skills: MORE>>

Mark Wahlberg's latest career ambition is to get a high school diploma: MORE>>

Stephen Colbert
moves a step closer to becoming a presidential candidate: MORE>>

Katy Perry's father apologizes for anti-Semitic remarks: MORE>>


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

Weather |
Partly cloudy and very cold, with lows from 6 to 11 above and wind chills as low as zero to 10 below zero. 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
 • BP Whiting expansion to be finished next year
 • Ex-SEC lawyer settles Ponzi case charges
 • Fed's Evans warns against pulling stimulus
 • Automakers to hire thousands this year
 • Apple reveals supplier chain audit
 • Consumer sentiment jumps to 8-month high
 • Novartis cuts 2,000 U.S. jobs after setback

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