Tuesday, February 14, 2012

Dow up 4 | iPad 3 details | Huge Boeing order | Urban Outfitters brides | Rob Elgas moved

Tuesday, Feb. 14, 2012 • chicagotribune.com business newsletter
By Zoe Galland, BizWrap columnist

CLOSING BELL
DJIA
12,878.28 +4.24 | NSDQ 2,931.83 +0.44 | S&P 1,350.50 -1.27

Strange Valentines.
Stocks were mixed as financial and basic materials companies led Wall Street lower, while the retail sector hit a record even as retail sales rose less than expected last month: MORE>>



TOP BUSINESS NEWS
jj Boeing Co. signs largest-ever commercial airplane order, with Indonesia's Lion Air, in a deal worth $22.4 billion:
MORE>>
 • Boeing thinks Southeast Asia will be the region to lead growth in global demand for new aircraft: MORE>>

Urban Outfitters
opens bridal shop at Walton, near State: MORE>>

McDermott Will & Emery
will open an office in Seoul, becoming one of the first U.S. law firms to enter the Korean market: MORE>>

Rob Elgas
to move to afternoon news anchor at Channel 5: MORE>>

Sterling Bay pays $10 million for new Sara Lee home in the West Loop (Crain's): MORE>>

Yahoo and Alibaba call off negotiations over a sale of Yahoo's Asian assets: MORE>>

The latest rumor floating around tech blogs is that the iPad 3 (or whatever it will be called) will be unveiled March 7: MORE>>
 • Suppliers hint at what it will look like (smaller, for one): MORE>>

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


TALKING BUSINESS
"It is time for the NFL's blackout policy to end," five U.S. senators said in a statement Tuesday, calling on the National Football League to stop barring television broadcasts of games that lack a sellout crowd: MORE>>

IN OTHER NEWS
jjPresident Barack Obama welcomes China's vice president: MORE>>
 • Gallup: Confidence in the U.S. economy continues to rise: MORE>>
 • Rick Santorum's surge has Republicans wondering if he's their Mr. Right: MORE>>

Person in "extremely critical" condition after being pinned beneath a Red Line train at Clark and Division: MORE>>

Occupy
movement plans Midwest gathering as it emerges from "winter lull": MORE>>

Playmate seeks restraining order against Hugh Hefner's son: MORE>>

U.S. carrier crosses Strait of Hormuz amid rising Gulf tensions: MORE>>


LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
The LATimes' Show Tracker blog writes about a somewhat awkward episode of "David Letterman" last night, where the cover of the 2012 Sports Illustrated swimsuit issue was unveiled: MORE>>


SPORTS FIX

Sigh -- Derrick Rose is out for the Bulls' Tuesday night home game against the Sacramento Kings: MORE>>

New Yorkers
are all aflutter about Jeremy Lin, who calls his storybook run with the Knicks "a miracle from God": MORE>>

White Sox
sign former Cubs outfielder Kosuke Fukudome: MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
jjFive charming Chicago restaurants perfect for Valentine's Day: MORE>>
 • But not everyone is a fan of Valentine's Day prix fixe menus (Bon Appetit): MORE>>
 • Fast-food chains gussy up for Valentine's Day: MORE>>

Harley-Davidson Museum in Milwaukee to pay tribute to the black leather jacket this summer: MORE>>

Whitney Houston's funeral
is set for Saturday: MORE>>

Leonardo DiCaprio
lends name to coffee line: MORE>>

Herman Cain
turns down "Dancing With the Stars": MORE>>



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

Weather |
Cloudy and tediously chilly, though it could be worse, with temperatures nearly steady in the lower 30s. 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
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 • Ranks of auto dealers rose last year
 • Twitter puts limits on sale of its stock
 • Amazon unit considers opening home stores
 • House GOP poised to extend payroll tax cut
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 • Moody's warns it may cut ratings for UK
 • Empire State Building owners plan IPO

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