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Tuesday, March 24, 2009

Crain's Daily News Alert prepared for Top Executives



CHICAGOBUSINESS

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Daily Business Briefing

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

TOP HEADLINES Tuesday, March 24, 2009

· Hospira to cut 1,400 jobs

· Ill. unemployment at 17-year high

· Blagojevich to host WLS-AM morning show

· Crain's wins 7 national awards

· CF rebuffed again in takeover bid

· Unitrin exiting auto finance business

· Madison Dearborn skips bailout: Canning

· Restaurant at NBC Tower closes

· Catering firm closes doors after loans called 

· GOP targeting Burris' Senate seat: Hinz blog

· Bears-Packers; NCAA ratings: Biz of Sports blog

· Eisenhowers; Bill Clinton: Taking Names blog 

Final Markets

Dow Jones

7,660.45

-115.41

-1.48%

NASDAQ

1,518.68

-37.09

-2.38%

Crain's Index

59.48

-2.07

-3.36%

» View Other Top Headlines

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OTHER HEADLINES

· CIA running recruiting ads on TV Advertising Age

· Illinois Tool Works sells $1.5 billion of debt Daily Herald

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TODAY'S FEATURES

Special Feature

Check, Please! visits Otom

Sheila Dantzler, of Chicago's Weichert Realtors, has plenty of anxiety in her world today. That's why she's taking clients to Otom, the high-end comfort-food spot in the Fulton Market district. Read More


· Best hotels for business 2009

· Social Whirl: Chicago Architecture Foundation

· Homemade Pizza Co.: Grabbing a slice

· Chicago Business Today - March 24

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Change we can believe in?





National Republican Senatorial Committee
Dear Friend,
As President Obama prepares to go before the American people at tonight's prime-time press conference, it is worth noting the growing inconsistencies between his soaring rhetoric on the campaign trail and his actions so far as President.
Click below to see a video highlighting a few of the contradictions between Candidate Obama and President Obama. Candidate Obama promised to take a "scalpel" to wasteful earmarks in the federal budget but President Obama recently signed the pork-laden omnibus bill. Candidate Obama pledged to reinstate "pay-as-you-go" budgeting but President Obama's recent budget proposal will leave a whopping $9.3 trillion deficit over the next decade. 

President Obama's actions clearly do not represent the change that he promised Americans on Election Day. The public is angry about these enormous government spending bills - especially in light of the scandal where taxpayer dollars were used to pay out excessive bonuses to failed American Insurance Group (A.I.G.) executives. Meanwhile, there are growing questions among members of the President's own political Party regarding the size and scope of his proposed budget.
While you may not be able to ask a question at the press conference as President Obama makes his case to the American people tonight, keep in mind the difference between campaign pledges and broken promises.
All the best,

Rob Jesmer
Executive Director
National Republican Senatorial Committee

Paid for by the National Republican Senatorial Committee
Not Authorized By Any Candidate Or Candidate's Committee
www.nrsc.org

425 2nd Street NE | Washington, DC 20002 | Phone: (202) 675-6000

Contributions to the National Republican Senatorial Committee are not deductible
as charitable contributions for federal income tax purposes.

Obama says his budget essential to revive economy

Obama says his budget essential to revive economy: "President Barack Obama said Tuesday night his attempts to lead the nation out of economic turmoil are beginning to yield results, and toned down his criticism of bonuses to executives at bailed-out AIG. At the second prime-time news conference of his presidency, Obama also cast his budget — now under review in Congress — as essential if the economy is to recover. The tax and spending plan 'is inseparable from this recovery because it is what lays the foundation for a secure and lasting prosperity,' he said."

ABC7 eNews




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Top Stories

Tuesday, March 24, 2009


Hundreds show up for hotel job fair | VIDEO
Hundreds of people lined up seeking jobs at Chicago's newest hotel, which opens its doors in about two months.

Daley 'sorry' about hiring abuses
Mayor Richard M. Daley said the conviction of a former streets and sanitation commissioner did not reflect well on Chicago.

Blagojevich to fill in as WLS radio host
Former Illinois Gov. Rod Blagojevich has a new gig -- as a Chicago radio host.

Scientists: Less winter ice on Great Lakes
Ice cover on the Great Lakes has declined more than 30 percent since the 1970s, leaving the world's largest system of freshwater lakes open to evaporation and lower water levels, according to scientists associated with the National Oceanic and Atmospheric Administration.

Students suspended for fork prank
Not trying to be outdone by the costumed banana dash through the hallways of Zion-Benton Township High School last year, about 23 students of the class of 2009 got suspended for a senior prank Monday morning.

MORE STORIES

Strange

Students suspended for fork prank

Award for parrot that warned baby was choking

Town abuzz over tourism idea: electric chair

NYer ignores friends, wins $26M on Friday the 13th

Cane-Fu teaches seniors self-defense

Consumer

Kia SUV gets poor rating for roof strength

Pump price falls a penny

$2,000 car to hit India's streets in July

House sales jump in early 2009

Warnings on acai berry offers get louder

Healthbeat

Alzheimer's cost triple that of other elderly

Study: Lots of red meat boosts mortality risk

Vasectomy increase reported

Pea-based therapy may lower blood pressure

Tracking Cancer

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TODAY'S WEATHER OUTLOOK

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Today's weather

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Cloudy, windy and warmer with a shower or thunderstorm around


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TONIGHT ON ABC

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Obama praises astronauts in call The astronauts aboard the linked shuttle-station complex took a congratulatory call from the White House on Tuesday and told President Barack Obama and schoolchildren all about their adventures in space.


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CNN's Castellanos falsely claimed Dems "gave" bonuses to AIG execs

Media Matters - CNN's Castellanos falsely claimed Dems "gave" bonuses to AIG execs

InsightCCED.org - Experts of Color Clearinghouse

InsightCCED.org - Experts of Color Clearinghouse

Geithner urges overhaul of financial regulations

Geithner urges overhaul of financial regulations: "Treasury Secretary Timothy Geithner said Monday that the severe banking crisis shows the U.S. financial system failed a major test and is in need of an overhaul."