Friday, January 6, 2012

Dow down 55 | Unemployment falls to 8.5% | CME's MF Global role eyed | NWI train derailment | Texting ComEd

 TGIF, Jan. 6, 2012 • chicagotribune.com business newsletter
By Margaret O'Brien, BizWrap columnist

CLOSING BELL
DJIA 12,359.92 -55.78 | NSDQ 2,674.22 +4.36 | S&P 1,277.81 -3.25

Stocks rose in the first week of 2012, even though news that the U.S. jobless rate neared a three-year low did not spark buying interest in equities: MORE>>



TOP BUSINESS NEWS
ComEd customers can now text the utility when the power goes out -- provided their phone is charged: MORE>>
 • Grid improvments getting an extra $233 million in 2012: MORE>>


jjJobless rate falls to 8.5 percent, the lowest in nearly three years: MORE>>
 • President welcomes upbeat jobs data, urges payroll tax cut: MORE>>

Gas prices start year at high -- and keep climbing: MORE>>

MF Global inquiry turns to CME, the broker's chief regulator: MORE>>

Sara Lee taps Campbell Soup executive to lead spinoff: MORE>>

Johnson Publishing moving to Borg-Warner Building: MORE>>

IRS says it audits one in eight millionaires: MORE>>

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


TALKING BUSINESS
"It is time for Hospira to live up to those fine words ... by putting in place a restricted distribution system for pancuronium," said a letter signed by 25 international physicians: MORE>>


IN OTHER NEWS
jjThree freight trains collided in Porter County, Ind. in an accident involving a derailment, fire and possible chemical spill: MORE>>

Illinois Lottery really sorry about the bounced checks to winners: MORE>>

One sign bank branches are very close together: A robber hit two Chicago banks in just 8 minutes this morning: MORE>>

Obama administration to announce rule that would let undocumented immigrants stay in U.S. during application process: MORE>>

The GOP's Iowa caucus winner Rick Santorum jeered over views on gay marriage: MORE>>
 • Few remember him from Mundelein's Carmel Catholic: MORE>>

Joran Van der Sloot said he would plead guilty to killing a young Peruvian woman five years after a U.S. teenager he was with vanished in Aruba: MORE>>

A suicide bomber killed 26 people and wounded 63 in Damascus, the second attack in the Syrian capital in two weeks: MORE>>

Scientists say you may not have to wait until old age to to see signs of cognitive decline: MORE>>

LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
Trine Tsouderous talks about our whooping cough story and why medical reporting is so interesting, in TribNation: MORE>>


SPORTS FIX

Cubs defend shortshop Starlin Castro after WBBM-AM 780 reports he has been accused of sexual assault: MORE>>

The Bears have named Mike Tice offensive coordinator: MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
jjGirl Scouts mark 100th anniversary with new lemony cookie Savannah Smile: MORE>>

Van Halen kicking off its first tour in four years, with two dates in Chicago and David Lee Roth: MORE>>

Drew Barrymore engaged
for her third marriage: MORE>>


Quite a season of "Celebrity Apprentice"
ahead with Lou Ferrigno, George Takei, Cheryl Tiegs and Arsenio Hall, among others: MORE>>


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

Weather |
Today's temperature an unseasonable 20 degrees above normal and more typical of late March. High of 54. See our weather page with radar and Tom Skilling's seven-day forecast: MORE>>
 
LATEST CHICAGO BUSINESS HEADLINES
 • Walgreen: Door open to Express Scripts
 • Fed nears setting inflation target
 • Coke, Nestle part ways on tea business
 • More airlines add surcharges in wake of EU law
 • Groupon may pass on Super Bowl this year
 • Apartment rents to jump for third year
 • S&P to drop Sears' rating 2 notches

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