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Monday, May 04, 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 Monday, May 4, 2009

· Filene's selling Chicago sites to Sears Tower owner as it files for Chapter 11

· Industrial vacancies hit 17-year high at 11.1%

· Abbott sues rival over Humira competitor

· Walgreen sales up 5.7% in April

· CME Group volume falls 23% in April

· CNA posts 1Q loss on investment charges

· Sears shareholders meet to hear Lampert

· Congress Center back on the block

· Philly law firm taking space Skadden is exiting

· Illinois has 9 confirmed cases of swine flu

· Citadel shores up ranks with B of A hires

· McD's serves up $100M McCafĂ© ad blitz 

· Alexi defends Bright Start; Congress rallies to aid of Obama suit maker: Greg Hinz blog

· Derby digging; White House breaks for dinner: Taking Names blog

· Stone says Cubs fans will pay high price for Wrigley renovation, big salaries: Biz of Sports blog 

Final Markets

Dow Jones

8,426.74

+214.33

+2.61%

NASDAQ

1,763.56

+44.36

+2.58%

Crain's Index

68.91

+2.35

+3.53%

» View Other Top Headlines

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OTHER HEADLINES

· Pending home sales up 3.2% in March Daily Herald

· Five local TV stations launch joint news-gathering effort Chicago Sun-Times

· NU students hunger strike for imprisoned journalist ABC7

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TODAY'S FEATURES

Special Feature

Chicago Business Today - May 1

Starbucks and McDonald's go head-to-head in new coffee campaigns. 2008 retail sales post worst drop in two decades, according to a new report. Can the Dreamliner 787 meet its delivery deadline? Analysts aren't so sure.Read More


· VIDEOS: Women to Watch 2009

· 40 Under 40 for 2009: Call for nominations

· VIDEO: MBA students tackle today's realities

· Check, Please! De Cero – Taqueria de West Loop

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As Democrat, Specter leads in home state: poll

As Democrat, Specter leads in home state: poll: "Senator Arlen Specter's switch to the Democratic Party appears to be paying off with a poll on Monday showing him ahead in his 2010 re-election race in Pennsylvania."

Obama announces plan to close tax loopholes

Obama announces plan to close tax loopholes: "President Barack Obama proposed Monday to raise taxes on the overseas profits of U.S. companies and to go after evaders who abuse offshore tax shelters."

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Top Stories

Monday, May 4, 2009


Illinois confirms 9 cases of swine flu | VIDEO
The governor of Illinois is reminding residents they should continue their normal routines every day, as more schools - closed because of flu concerns - are reopening.

NU students hunger strike for imprisoned journalist
Some faculty and students at Northwestern University began a hunger strike Sunday in support of journalism graduate Roxana Saberi.

Treasurer used college money for car
Public records show Illinois treasurer Alexi Giannoulias used money earned by a state college savings program to buy a $26,000 government vehicle.

Chicago teen shot to death, burned | VIDEO
A 15-year-old boy was found shot to death on the city's Southwest Side, and Chicago police say his body had been set on fire.

Spy scandal hits 2016 Olympic race
Rio de Janeiro is accusing one of its 2016 Olympic rivals of spying.

MORE STORIES

Strange

Outhouses cushion small plane crash

Cops: Driver causes $26K trail of destruction

Man on horse ticketed for riding while drunk

Man to jury duty: Take this summons and ...

Agency sorry for saying what not to say

Consumer

Filene's Basement files for Chapter 11 protection

ComEd announces lower electric rates

FDA: Dieters should stop Hydroxycut use now

Starbucks reacts to claims it's too expensive

Chocolates for Mom

Healthbeat

Proper sleep may defend against diabetes

Seeing clearly after glaucoma

New research sheds light on writing disorders

Blame brain for junk food cravings

H1N1 Flu resources from the CDC

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Boston Globe could shut down The Boston Globe's largest workers union and the newspaper finished all-night contract-concession talks without a deal Monday, but plan to be back at the bargaining table within days.


Stimulus billions for those who can't flush Sewage from toilets flows in open ditches here, spilling into back yards and even onto the lone baseball diamond where children play after school. The nose-wrinkling stench carries throughout this century-old, one-diner village southwest of Chicago.

Federal stimulus funds for sewer works in Illinois


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CHICAGOBUSINESS

— POWERED BY CRAIN'S —

Weekly Business Briefing

CRAIN'S LISTS MARKETS GO TO MY ACCOUNT GO TO CHICAGOBUSINESS.COM

TOP HEADLINES Monday, May 4, 2009

· Cog Hill's quest: lure a U.S. Open 'kiss'

· Friedman pushes River North post office plan

· Retail sales fall regionwide; tax hike's impact unclear

· Tyree eyes Sun-Times, seeks investors

· Tribune's next step: great big blog

· Metal meltdown: 'We're all in survival mode'


FOCUS

Leaders looking ahead

This year's Women to Watch describe the challenges they face now.


THE BUSINESS OF LIFE

Invasion of the shutterbugs

At a time when people in all kinds of careers are looking for a Plan B, there's one that's already teeming with dabblers: photography.

EDITORIAL INDEX

for May 04, 2009 (Significant References only)

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ADVERTISEMENTNew Job-Hunting Tool from Crain's
Want to do a speed search of jobs offered by Chicago-area companies? Check out the new, electronic Job Seeker Edition of Crain's Book of List—with direct links to job listings for each company. Plus a direct link to Crain's stories about each employer. It's just $49. To sample and buy, go to http://www.emagazines.com/shopaddtocart.asp?catalogid=112&affid=7.

THIS WEEK'S NEWS

Greg Hinz: Obama's rise reveals fault lines among African-American leaders

It was party time of sorts for Barack Obama last week, as the Chicagoan who is president celebrated his 100th day in ...

Public schools need the private sector to boost career education

Chicago Public Schools is taking another stab at setting a meaningful course for its long-rudderless career education ...

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