Wednesday, February 8, 2012

Dow up 5 | Ex-Motorola engineer guilty | GRPN shares fall on loss | CME downgraded | Auto show preview

 Wednesday, Feb. 8, 2012 • chicagotribune.com business newsletter
By Margaret O'Brien, BizWrap columnist

CLOSING BELL
DJIA 12,883.95 +5.75 | NSDQ 2,915.86 +11.78 | S&P 1,349.96 +2.91

Stocks closed flat in another thinly traded session as Greece remained at a standstill over accepting tough reforms in exchange for a bailout critical to avoiding a chaotic default:
MORE>>


TOP BUSINESS NEWS
Groupon shares fall more than 10 percent as the company reports a $42.7 million loss in its first quarterly earnings report: MORE>>

Frequent fliers who join a special pre-screening program will be able to move more quickly through security checks at O'Hare: MORE>>

jjSee the new cars being unveiled at the Chicago Auto Show media preview: MORE>>
 • News from media day: MORE>>
 • Do-not-miss vehicles: MORE>>
 • Toyota moves Highlander production to Indiana: MORE>>

Standard & Poors said it has lowered CME Group credit rating to AA- in the wake of MF Global bankruptcy: MORE>>

Former engineer found guilty of stealing trade secrets from Motorola, but acquitted of economic espionage for China: MORE>>
 • Googlw will pledge not to favor Motorola: MORE>>

Gov. Pat Quinn vows to address concerns as Caterpillar rules out Illinois for new plant: MORE>>

Sparrer Sausage files Chapter 11 bankruptcy: MORE>>

Exelon's Byron nuclear plant back online after shutdown: MORE>>

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


TALKING BUSINESS
"This could very well be the next debt bomb for the U.S. economy," William E. Brewer Jr., president of the National Association. of Consumer Bankruptcy Attorneys, said about growing student loan burdens driving families into bankruptcy: MORE>>


IN OTHER NEWS
Reputed mob boss Michael “the Large Guy” Sarno was sentenced to 25 years for ordering the bombing of a rival Berwyn business: MORE>>

jjChicago's city clerk plans to meet with gang experts to for input on the winning design for this year's city parking sticker: MORE>>

Builder, fair and union all blamed for Indiana State Fair stage collapse that killed seven: MORE>>

The question now is whether Rick Santorum's wins in Colorado, Missouri and Minnesota represent a minor hiccup or a major setback for Mitt Romney: MORE>>

Syria's army pounded the rebel city of Homs as Turkey seeks international action to protect civilians: MORE>>

Euro finance ministers to meet as prospects rose for a deal on a second international bailout for Greece: MORE>>

Russian scientists have reached a gigantic freshwater lake hidden under miles of ice for some 20 million years: MORE>>

LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
Read why some Clearing neighborhood residents have started a campaign to save the Crane & Moreland Building near Midway Airport, in Cityscapes: MORE>>


SPORTS FIX

Derrick Rose is confident he can play tonight for the Chicago Bulls in New Orleans: MORE>>

Hawks lose six in a row: MORE>>

Lions player Ndamukong Suh is making his way up the list of the most disliked professional athletes: MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
jj"War Horse," the hit Broadway show famous for its puppet horses, will be in Chicago for Christmas: MORE>>

Meet the man who hunts for missing moon rocks: MORE>>

Zsa Zsa Gabor celebrates her 95th birthday, dahlings: MORE>>



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

Weather |
This marks the 18th consecutive day with above normal daytime temperatures. High of 37. 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>>
 
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