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Tuesday, February 24, 2009



CHICAGOBUSINESS

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Daily Business Briefing

CRAIN'S LISTS SEND LETTERS TO THE EDITOR MULTIMEDIA WEEKLY JOB CHANGES

TOP HEADLINES Tuesday, February 24, 2009

· Durbin asks Burris to resign; he refuses

· Northern Trust sponsorship prompts legislative action

· Local home prices hit five-year low

· Citadel allows some fund withdrawals

· Stocks up after steep selloff

· Chicago test market for Panera catering push

· Navigant cutting jobs; reports profit growth

· Chicago sees smallest raises on record: report

· Northern Trust names first investment strategist

· General Growth's fourth-quarter profit lower than expected

· Huron shares hit as profit comes up short

· Heidrick & Struggles posts narrow profit 

· Obama needs to offer hope: Greg Hinz blog

· Northern Trust under fire: Biz of Sports blog 

Final Markets

Dow Jones

7,350.94

+236.16

+3.32%

NASDAQ

1,441.83

+54.11

+3.90%

Crain's Index

57.61

+2.25

+4.06

» View Other Top Headlines

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Crain's Blogs. Now You're Talking. Introducing three blogs sure to pique your interest each business day: government and business, after-hours with Chicago's elite, and the business of sports.Click here to read what Greg Hinz, Shia Kapos and Ed Sherman are saying today. And talk back, we'd love to hear from you.

OTHER HEADLINES

· U of I gets $14M to study Brazil Daily Herald

· Fed chief says recovery may take wait until 2010 or later New York Times

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TODAY'S FEATURES

Special Feature

Check, Please! visits Joe's Seafood, Prime Steak & Stone Crab

When Chicago attorney Tony Dombrow wants to pay a complement to a client, he takes them to Joe's Seafood, Prime Steak & Stone Crab. The River North steak-and-seafood spot is so universally admired, he says, that the thought of being entertained there constitutes a sincere form of flattery. Read More


· Can startups save the news?

· Chicago Business Today - Feb. 23

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Holocaust-denying bishop flies back to Britain after Argentina orders him out

Holocaust-denying bishop flies back to Britain after Argentina orders him out - Telegraph


Holocaust-denying bishop flies back to Britain after Argentina orders him out.

Richard Williams, the British bishop whose denial of key facts of the Holocaust provoked a crisis in the Catholic Church, will arrive in London on Wednesday after being expelled from Argentina.

ABC7 eNews




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Top Stories

Tuesday, February 24, 2009


Six CPS schools to stay open | VIDEO
Chicago Public Schools officials have changed their minds about the fate of six schools scheduled to close. Those schools will stay open because of the reaction from parents and community leaders.

Crews rescue two from burning home | VIDEO
Seven Chicago police officers are being credited for saving the lives of two people from their burning home in the Back of the Yards neighborhood.

Burris returns to DC to face colleagues | VIDEO
Roland Burris was back at work Tuesday morning in his office in the Dirksen Senate Office Building in Washington D.C., apparently ignoring calls for his resignation, including one last week by the governor of Illinois.

Former jail inmates win strip search lawsuit
A federal judge has ruled that several thousand former Cook County Jail inmates had their rights violated when they were strip-searched in humiliating conditions.

Teacher charged with alleged sex with student
A teacher at a not-for-profit treatment center for at-risk youth in Chicago is charged with having sex with one of her students.

MORE STORIES

Strange

Ghost hunters staking out Pa. university

Couple selling underground house

Beijing teen hot-wires bus, causes chaos

No luck for Santa in parking ticket fight

Tanked soldier takes 2 joyrides in tank

Consumer

Ticketmaster to change online ticket sale procedures

Oil well below $40; consumer confidence plunges

Bernanke: Economy suffering 'severe contraction'

Ex-DOT official: US slow in improving air safety

Home prices post record annual decline in 4Q

Healthbeat

Calcium tied to lower cancer risk in older people

Study: B vitamins can prevent vision loss

Could anger cause heart trouble?

Discovery could bring end to annual flu shot

Brain injury may boost epilepsy risk

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Spokesman says Obama will have straight talk Barreling ahead on a mammoth agenda, Barack Obama is ready to offer a detailed sketch of the first year of his presidency, casting the nation's bleeding economy as a tangle of tough, neglected problems.


Economy doesn't dampen Mardi Gras festivities Partiers in New Orleans are taking one last chance to eat, drink and be merry before Lent.

The art of Mardi Gras mask-making
Tracy Butler celebrates Fat Tuesday


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