Tuesday, February 7, 2012

Dow up 33 | Jewel Osco layoffs | Del Frisco's to Esquire space | Appeals court rejects Prop 8

 Tuesday, Feb. 7, 2012 • chicagotribune.com business newsletter
By Margaret O'Brien, BizWrap columnist

CLOSING BELL
DJIA 12,878.20 +33.07 | NSDQ 2,904.08 +2.09 | S&P 1,347.05 +2.72

Stocks edged higher as investors awaited the outcome of discussions on a bailout package for Greece that is critical to the country avoiding a chaotic default:
MORE>>


TOP BUSINESS NEWS
Jewel Osco parent Supervalu said it is laying of 800, including 20 at its Chicago-area headquarters: MORE>>

jjDel Frisco's Double Eagle Steak House headed for the old Esquire Theater in the Gold Coast: MORE>>

ThyssenKrupp apologizes for racially hostile climate in Westchester office: MORE>>

Motorola looks for a $1 billion cut of Apple iPad and iPhone sales to settle patents, licensing dispute: MORE>>
 • Verizon offers buy-one-get-one Droid Razr for limited time: MORE>>

The chairman of Ferrara Pan, and creator of Lemonheads and Atomic Fireballs, has died: MORE>>

McDonald's pulls radio ad that angered some pit bull owners: MORE>>

Elite Street: Oprah Winfrey's former agent sells his Lincoln Park penthouse for $3.67 million: MORE>>

Congress approves bill to update FAA to GPS-based air traffic control and to allow drones in U.S. air space: MORE>>

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


TALKING BUSINESS
"Although we believe Aon UK should not be treated as a U.S. corporation for U.S. federal tax purposes, there is no certainty that the IRS will not assert a contrary position," Aon said in a statement, citing uncertainties about moving its headquarters to London: MORE>>


IN OTHER NEWS
jjJudge preventing wealthy Frankfort teen from going to the Grammys because he hasn't apologized for car accident: MORE>>

Addison man gets new hearing in the 1995 murder of a pregnant woman whose unborn child was cut from her womb: MORE>>

A U.S. appeals court rules that California's gay marriage ban violates the Constitution. Next stop: Supreme Court: MORE>>

President Barack Obama's re-election campaign is returning more than $200,000 tied to the family of a Mexican fugitive: MORE>>

A federal appeals court rules that seniors who receive Social Security cannot reject their Medicare benefits: MORE>>

The two boys of a man who blew up his Washington state home, suffered chop wounds in their necks: MORE>>

Iranian President Mahmoud Ahmadinejad will appear in Parliament to be grilled on his handling of the economy: MORE>>

U.S. planning to slash it Iraq embassy staff by as much as half (NYTimes): MORE>>

Spanking children can cause developmental damage and may even lower IQ, according to a new Canadian study: MORE>>

LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
Asia tops the list of the world's biggest malls. Mall of America not even among the top 10, reports Blair Kamin, in Cityscapes: MORE>>


SPORTS FIX

The Bears new quarterback coach has ties to Jay Cutler: MORE>>

Derrick Rose has become a walking, talking headline because of his breathtaking play -- and his laundry list of injuries: MORE>>

The Big Ten is ready to hear proposals regarding a national four-team football playoff, with semifinal games at home campuses: MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
jj"Luminous Field" will show Millennium Park in a whole new light: MORE>>
 • "Show Boat" makes waves -- at the Lyric Opera: MORE>>

Clint Eastwood defends his Super Bowl ad, saying it was intended to be apolitical: MORE>>
 • Randy Travis had a heck of a Super Bowl party: MORE>>

Charles Dickens would have turned 200 today: MORE>>


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

Weather |
A surge of Canadian air will cool things down, with a dusting to as much as a half-inch of snow possible. See our weather page with radar and Tom Skilling's seven-day forecast: MORE>>



RSS US
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
 • Rush turns to renovation of older buildings
 • Apple talking to Canadian telecoms about iTV
 • Job openings rise to 3.4 million in December
 • Groupon scoops up Silicon Valley's Adku
 • Fidelity to fight SEC money-market changes
 • Disney, Univision in talks for all-news channel

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