Wednesday, January 18, 2012

Dow up 96 | Northern Trust cutting 700 | Takeda job cuts | Internet protest | Funniest Wi-Fi router names

 Wednesday, Jan. 18, 2012 • chicagotribune.com business newsletter
By Margaret O'Brien, BizWrap columnist

CLOSING BELL
DJIA 12,578.95 +96.88 | NSDQ 2,769.71 +41.63 | S&P 1,308.04 +14.37

The major indexes added to gains on optimism about potential help from the International Monetary Fund for Europe. Technology shares led a 1 percent rise in the S&P 500: MORE>>



TOP BUSINESS NEWS
Wikipedia, Google, Reddit and other sites went dark or wore black to protest Internet piracy bills: MORE>>
 • How to get around the Wikipedia wall: MORE>>

jjNorthern Trust said it plans to cut 700 jobs, half in the United States, in an attempt to cut costs: MORE>>
 • Takeda to cut 700 U.S. jobs by 2016: MORE>>

Settlement reached in Exelon-Constellation deal: MORE>>

Mayor backs "ChicagoFirst" ordinance that gives local companies preferred status on city contracts: MORE>>

Chicago technology leaders are opening a 50,000-square-foot space in the Merchandise Mart for entrepreneurs and startups: MORE>>

Average age of U.S. vehicles hits record 10.8 years: MORE>>

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


TALKING BUSINESS
"There has been relative improvement, but it's not anything to write home about," Alan Berube, senior fellow at Brookings' Metropolitan Policy Program, said about Chicago's economic growth last year: MORE>>


IN OTHER NEWS
Seven teens charged in the beating and robbery of a 17-year-old high school senior in a South Side alley caught on video: MORE>>

jjChicago cab drivers restricted to a 12-hour workday under new safety rules: MORE>>

Man arrested and ticketed for surfing off Oak Street beach: MORE>>

The Obama administration was poised to reject the Keystone crude oil pipeline: MORE>>
 • White House briefly locked down because of smoke bomb: MORE>>

Porn stars in Los Angeles will be legally required to wear condoms during film shoots: MORE>>

Human head found in plastic bag on trail in Hollywood Hills: MORE>>


Captain of sunken Italian cruise liner said he didn't stay with the ship because he tripped and fell into a lifeboat (NYTimes): MORE>>

Pakistan rejects U.S. special envoy Marc Grossman's request to visit the country: MORE>>

Texas finds success with aerial drop of rabies vaccine: MORE>>

LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
Andrew Brochu is the new chef at Graham Elliot’s flagship restaurant, reports The Stew: MORE>>


SPORTS FIX

Steve Rosenbloom: If Mike Tice leaves to coach the Oakland Raiders,the Bears would have all kinds of bad news: MORE>>
 • Football "lifer" is the latest GM candidate to talk with Bears: MORE>>

That's two double-doubles in his last four games for the Bulls' Joakim Noah: MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
jjMeet the woman who hunts down Chicago's funniest, strangest and sometimes disturbing Wi-Fi router names: MORE>>

"American Idol" returns for 11th season tonight: MORE>>

Tattoos are for grandmas, too: MORE>>

Production for sequel to "Star Trek" under way: MORE>>


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

Weather |
Generous sunshine but cold, with temperatures 20 degrees lower than yesterday. 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
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 • Channel IQ to use $500K in funding for new hires
 • Slow recovery in 90 percent of metro areas
 • Obama: 28 states act on insurance exchange
 • IMF ready to boost reserves to help Europe
 • Urban Partnership Bank opens in Bronzeville
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