Tuesday, March 6, 2012

Dow down 203 | LulzSec hackers arrested | More Giordano's drama | 'Lipstick Killer' dies | Lower refinancing fees

Tuesday, Mar. 6, 2012 • chicagotribune.com business newsletter
By Zoe Galland, BizWrap columnist

CLOSING BELL
DJIA
12,759.15 -203.66 | NSDQ 2,910.32 -40.16 | S&P 1,343.36 -20.97

Steepest fall of year.
Stocks tumbled on investors' concerns that Greece and private bondholders may miss the deadline to complete a debt swap: MORE>>



TOP BUSINESS NEWS
jj Sabu, a hacker connected to the infamous Anonymous/LulzSec groups, snitches to the FBI on five of his fellow hackers:
MORE>>
 • One of them lives in the Chicago area: MORE>>
 • Arrests are a huge blow: MORE>>

Sons of ex-Giordano's owners charged with buying two prime Giordano's locations for below-market prices: MORE>>

Motorola and Google ordered to give Android data to Apple: MORE>>

President Barack Obama sets lower refinancing fees for up to 3 million homeowners: MORE>>

Tycoon Allen Stanford convicted of running a $7 billion Ponzi scheme: MORE>>

Lehman Brothers emerges from record $639 billion bankruptcy: MORE>>

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


TALKING BUSINESS
"Sears and Kmart did not intentionally advertise on the Rush Limbaugh show," Sears Tweeted on Monday. Sears and Allstate have been caught up in the backlash over Rush Limbaugh's on-air branding of a law student as a "slut," but both said their commercials aired on the radio talk show by mistake: MORE>>

IN OTHER NEWS
jjMitt Romney needs a decisive win today: MORE>>
 • Santorum says he'd be well ahead if he had Romney's money: MORE>>
 • All of the GOP hopefuls attack President Obama over Iran: MORE>>

William Heirens, the notorious "Lipstick Killer" who confessed to three murders on the North Side in the 1940s, dies: MORE>>

Girl at South Side high school stabbed with teacher's scissors: MORE>>

Men rob bank inside a Jewel-Osco near Roosevelt Road: MORE>>

Digital records
may not cut health care costs, study cautions: MORE>>


John McCain
calls for U.S.-led strike against Syria: MORE>>


LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
Over in Cityscapes, Blair Kamin writes that Mayor Rahm Emanuel's "infrastructure trust," aimed at bankrolling public works projects, is getting help from a foundation that is giving nearly half a million dollars in grants to encourage a bus rapid transit system in Chicago: MORE>>


SPORTS FIX

Saints coach Sean Payton among those facing severe punishment in NFL's bounty scandal: MORE>>

Cubs
outfielder Tyler Colvin to face the Rockies, his old team, this afternoon: MORE>>
 • White Sox to face Albert Pujols and the Los Angeles Angels today: MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
jj Life imitating art, or vice versa? New details emerge about Felicia Pearson, the actress from "The Wire," who was caught on federal wiretap as part of a years-long investigation into a drug ring: MORE>>

Racy photos of actresses Christina Hendricks and Olivia Munn hit the Web: MORE>>

Celebrity chef Paula Deen accused of condoning sexual harassment and racist remarks: MORE>>

President Obama
accidentally (and adorably) refers to Lollapalooza as "Lappalooza": MORE>>



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

Weather |
Bizarrely warm and clear this evening, with a low of 45. 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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 • Akorn reports jump in 4Q net income
 • Dreamliner production still on schedule

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