Wednesday, January 25, 2012

Dow up 83 | Abbott job cuts | Timeline's not negotiable | New library chief | Bulls in top 3

 Wednesday, Jan. 25, 2012 • chicagotribune.com business newsletter
By Mary Jane Grandinetti, BizWrap columnist

CLOSING BELL
DJIA 12,758.85 +83.10 | NSDQ 2,818.31 +31.67 | S&P 1,326.06 +11.41

Fed fanfare. Wall Street cheers the central bank's announcement on interest rates and inflation: MORE>>



TOP BUSINESS NEWS
jjAfter missing earnings expectations, Abbott announces it's shedding 700 jobs: MORE>>

Soon there will be no avoiding Facebook's Timeline: MORE>>

Airbus fesses up to A380 cracks; offers solution: MORE>>

We know what those cryptic J.C. Penney commercials mean: MORE>>

Boffo earnings put Apple back on top: MORE>>
 • And here come the patent suits: MORE>>

Keep an eye out for Groupon's kiosks: MORE>>

Fed plans to hold line on rates for at least two more years: MORE>>

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


TALKING BUSINESS
"Privately, S&P abandoned its principles and instead used every trick possible to give deals high ratings in order to retain clients and generate revenue," Illinois Attorney General Lisa Madigan on the suit she brought against S&P for its role in the mortgage meltdown: MORE>>


IN OTHER NEWS
jjMayor Rahm already has a replacement for Mary Dempsey (right) as library chief: MORE>>

Sen. Mark Kirk "progressing as expected": MORE>>

Obama takes his State of the Union show on the road: MORE>>

With her last piece of legislation passed, Gabrielle Giffords says goodbye to Congress: MORE>>
 • As Michele Bachmann looks to say 'Hello' again: MORE>>
 • Nancy Pelosi piles on Newt Gingrich: MORE>>
 • While donations from a Vegas billionaire pile up (Yahoo.com): MORE>>

Navy SEAL Team 6 is at it again: MORE>>

Bet a lot of people would like to tell Italian cruise ship captain where to go: MORE>>

Trade you a Twinkie for a doobie? MORE>>

LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
Mitzi Hamilton ensures "A Chorus Line" remains one singular sensation, just the way fans like it. Chris Jones tells us more in The Theater Loop: MORE>>


SPORTS FIX

Even without Luol Deng, the Bulls rank as the third most valuable NBA franchise: MORE>>

On the day of Joe Paterno's funeral, reports surface of a University of Wisconsin "incident": MORE>>

Mild winter hasn't been kind to the Sox: MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
jjDemi Moore, who recently split with a husband 15 years her junior, is treated for exhaustion: MORE>>

Actor James Farentino dead at 73: MORE>>

For Cynthia Nixon, being gay is a choice. So's being bald: MORE>>



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

Weather |
Dreary, with highs in the mid-30s as the warmest winter in 78 years continues. 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
 • Boeing sets earnings records in 2011
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 • Grainger has positive results
 • Exelon misses the mark
 • But Dover doesn't
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 • GM CEO blames politics for Volt probe

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