Tuesday, January 10, 2012

Dow up 69 | ShoreBank Ch. 11 | Hostess near Ch. 11 | Coors Light surpasses Bud | Cold coming

 Tuesday, Jan. 10, 2012 • chicagotribune.com business newsletter
By Margaret O'Brien, BizWrap columnist

CLOSING BELL
DJIA 12,462.47 +69.78 | NSDQ 2,702.50 +25.94 | S&P 1,292.08 +11.38

Stocks climbed to a five-month high after trade data showed strong Chinese demand for metals and a bullish forecast by aluminum company Alcoa pointed to a stronger global economy: MORE>>



TOP BUSINESS NEWS
ShoreBank parent files for Chapter 11 bankruptcy: MORE>>

jjHostess Brands, which makes Twinkies in Schiller Park, is preparing to file for bankruptcy as soon as this week: MORE>>
 • Sara Lee closing its Rock Island plant this year: MORE>>

Coors Light surpasses Budweiser as the No. 2 U.S. beer. Bud Light still leading by a long shot: MORE>>

Coyote Logistics says it plans to add 400 jobs in Chicago: MORE>>

CES 2012: TV set fighting to remain our preferred screen: MORE>>
 • LCD TV prices to go back up, LG predicts: MORE>>

Orange juice futures hit an all-time high on fungicide report: MORE>>

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


TALKING BUSINESS
"It's more difficult to figure out, because with Blonde you have to figure out what you're cannibalizing in the other beans," William Blair & Co analyst Sharon Zackfia said about the impact of Starbucks' new coffee line: MORE>>


IN OTHER NEWS
Mayor Rahm Emanuel defends Bill Daley, said he did well in the "toughest job in America": MORE>>

jjEnjoy the next couple days of balmy, spring-like weather because the arctic cold is coming: MORE>>
 • Day-by-day forecast: MORE>>

The leader of one of the state's largest nonprofits targeted for not repaying disabled former secretary: MORE>>

Record GOP turnout expected in New Hampshire primary: MORE>>
 • Santorum offers sweater vest for $100 contribution: MORE>>

Appeals court backs Texas law requiring those seeking abortions to view an ultrasound first: MORE>>

Syrian President Bashar al-Assad vowed to strike "terrorists" with an iron fist and derided Arab League efforts to halt violence: MORE>>

Sanctions starting to take bigger economic toll on Iran: MORE>>

A U.S. company says it can map your genes for $1,000 in just a day with a machine the size of a desktop printer: MORE>>

LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
Phil Vettel explores whether the $100 tickets to dine at Next are actually worth $3,000, in The Stew: MORE>>


SPORTS FIX

Alabama dominates in BCS title game by doing something most NFL teams don't even do -- playing defense: MORE>>
 • The Bears are certainly struggling with it: MORE>>

Reports: Son of Packers offensive coordinator found dead in Fox River: MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
jj"Mad Men" returning March 25, says Don Draper: MORE>>

Rapper Snoop Dogg arrested after border control claims said it found marijuana on his tour bus: MORE>>
 • Lineup for Coachella 2012: MORE>>

Black Sabbath guitarist battling lymphoma: MORE>>



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

Weather |
It feels like April out there, with temperatures 23 degrees above normal. High of 54 and low of 35 tonight. 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
 • U.S. hiring rises in November
 • Quinn increases tax credit for working poor
 • WBEZ hires new philanthropy director
 • Struggling Kodak reorganizes business
 • Navistar wins defense contract, shares rise
 • Air France finalizes $6 billion Boeing order
 • United Continental traffic, profit drop in Dec.

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