Crain's Daily News Alert prepared for Top Executives

CHICAGOBUSINESS — POWERED BY CRAIN'S — Daily Business Briefing CRAIN'S LISTS SEND LETTERS TO THE EDITOR MULTIMEDIA WEEKLY JOB CHANGES TOP HEADLINES Monday, June 1, 2009 · Local creditors line up in GM bankruptcy · Playboy names new CEO · Kellogg dean Jain steps down · ComEd wants to test smart meters · Clothing retailer closes North Bridge stores · CME clearing venture gets big backers, big foes · Northwestern Memorial plans new parking garage · Lawmakers start budget work anew · Deere names company veteran new CEO · Foreclosure suit hits Edgewater condo conversion · Lenders want more properties out of General Growth case · Dow closes up 221 on global outlook  · Dems fail to do their job in Springfield: Greg Hinz blog · NEW! Small biz blog: What are workers posting about your biz? Plus: convention dropoff hits small, mid-sized biz: Enterprise City · Larry King hits private party, Bill Wrigley selling mansion: Taking Names blog · Sox light up the highways: Biz of Sports blog · Monday's Birdies and bogeys: Inside the Leather  Final Markets Dow Jones 8,721.44 +221.11 +2.60% NASDAQ 1,828.68 +54.35 +3.06% Crain's Index 72.66 +2.570 +3.667% » View Other Top Headlines ADVERTISEMENT Listen to Executives. Learn from Experts. Lead the Way. For the first time, C-level executives and academic experts are joining to chart core growth and profitability strategies based on the surging multicultural markets. Will you have a seat at a table? Register Today for the "Into the Core", June 25-26, at DePaul University & Chicago Hilton. OTHER HEADLINES · Exelon bid for NRG Energy goes to trial Daily Herald · Roosevelt University to open new pharmacy school ABC7 · Dow dumps Citi, GM for Travelers, Cisco Crain's New York Business Crain's Chicago Business | 360 N. Michigan Ave. | Chicago, IL 60601 ADVERTISEMENT TODAY'S FEATURES Chicago's fifty fastest-growing companies These companies have seen explosive growth. And while that's every entrepreneur's dream, it can be a steep climb if you're not prepared. We talked to execs at three of the companies who learned how to dodge the growing pains.Read More · Chicago Business Today - June 1 · Inside the Leather: Monday's birdies and bogeys · Check, Please! on Borrowed Earth Café · Entrepreneurs In Action — Groupon SIGN UP FOR CUSTOM ALERTS Industries » Account Settings LISTEN LIVE: Traffic, weather and news from our news partner WBBM-AM.

Obama: Nationalization of GM to be short-term - Yahoo! Finance

Obama: Nationalization of GM to be short-term - Yahoo! Finance: "In a defining moment for American capitalism, President Barack Obama ushered General Motors Corp. into bankruptcy protection Monday and put the government behind the wheel of the company that once symbolized the nation's economic muscle."

The-31-Year-Old-in-Charge-of-Dismantling-G.M.: Personal Finance News from Yahoo! Finance

The-31-Year-Old-in-Charge-of-Dismantling-G.M.: Personal Finance News from Yahoo! Finance: "It is not every 31-year-old who, in a first government job, finds himself dismantling General Motors and rewriting the rules of American capitalism.

But that, in short, is the job description for Brian Deese, a not-quite graduate of Yale Law School who had never set foot in an automotive assembly plant until he took on his nearly unseen role in remaking the American automotive industry."

Officials: mass abduction by Taliban in Pakistan - Yahoo! News

Officials: mass abduction by Taliban in Pakistan - Yahoo! News: "Taliban militants ambushed a convoy of vehicles carrying at least 400 students, staff and relatives from a boys' school Monday, taking dozens — possibly hundreds — captive in northwestern Pakistan, officials said."

Suspect jailed in Kansas abortion doctor's killing - Yahoo! News

Suspect jailed in Kansas abortion doctor's killing - Yahoo! News: "A man suspected of fatally shooting abortion doctor George Tiller in church was in jail Monday while investigators sought to learn more about his background, including his possible connections to anti-abortion groups."

Dow Jones swaps Travelers, Cisco for Citigroup, GM - Yahoo! News

Dow Jones swaps Travelers, Cisco for Citigroup, GM - Yahoo! News: "The Dow Jones industrial average is the latest Wall Street institution to be reshaped by the financial crisis."

ABC7 eNews

>>> Having trouble viewing this newsletter? View as a webpage. Top Stories Monday, June 1, 2009 Chicago police officer shot on South Side | VIDEO A Chicago police officer is in critical condition after a shooting on the city's South Side. Quinn promises 'no frills' budget | VIDEO On Monday, Ill. Governor Pat Quinn was meeting with leaders in both the state House and Senate to discuss what steps must be taken to balance the budget. Peterson back in court over judge issue Drew Peterson is back in court for a hearing on whether yet another new judge should be appointed in the high-profile murder case. 2 killed on double-decker bus Authorities say two 22-year-old men suffered fatal head injuries when they stood up on a double-decker charter bus as it passed under an Interstate 57 overpass. Trial starting for officer in bartender beating The trial is getting under way for a veteran Chicago police officer allegedly captured on videotape beating a bartender after she refused to serve him more drinks. MORE STORIES Strange Bride rescues family from house fire Egg-pelters make a mess of campaign Squirrel at cemetery wraps nest in Old Glory Pilot lesson No. 1: Check gas before taking off Man thwarts 2nd-time burglar Consumer American Girl unveils immigrant doll | VIDEO Banks charge checking accounts to offset losses Southwest to let pets onboard for a fee Microsoft to launch new search engine Delta changes baggage fee policy Healthbeat Ovarian Cancer Vaccine Female runners should boost folic acid intake Hormones may make lung cancer more deadly Kids' head injuries could have long-term effects Study: Weigh-ins may be good for teens MOST POPULAR Chicago police officer shot on South Side Eight shot dead this weekend in Chicago Jennifer Hudson is pregnant Missing jet hit storms over Atlantic Bond denied, 2nd suspect charged in brutal murder All Most Popular Advertisement TODAY'S WEATHER OUTLOOK 77°F 50°F Considerable clouds with a couple of showers and a thunderstorm; humid Hour-by-Hour | 7 Day Forecast | Radar & Satellite TONIGHT ON ABC 7:00 PM The Bachelorette 5 9:02 PM Here Come the Newlyweds 10:00 PM ABC 7 News 10:35 PM Nightline Lottery Results Your Daily Horoscope Obama outlines plan to help GM survive President Barack Obama pushed a humbled General Motors Corp. into bankruptcy on Monday and said the federal government will act as "reluctant shareholder" when it assumes a 60 percent ownership of the smaller carmaker that emerges. Jennifer Hudson is pregnant Chicago's Dreamgirl is expecting a little dream of her own. SUBSCRIPTION OPTIONS I'd like to receive the following newsletters from abc7chicago.com Daily Weather | Daily News | 190 North Sign up for news alerts

CNN Political Ticker: All politics, all the time Blog Archive - Obama to discuss GM bankruptcy filing « - Blogs from CNN.com

CNN Political Ticker: All politics, all the time Blog Archive - Obama to discuss GM bankruptcy filing « - Blogs from CNN.com: "President Barack Obama will hold an 11:30 a.m. Monday event discussing the bankruptcy filing of General Motors, according to two officials close to the talks."

GM files for bankruptcy due to union and employee greed and poor management.

CNN Political Ticker: All politics, all the time Blog Archive - Obama to discuss GM bankruptcy filing « - Blogs from CNN.com

CNN Political Ticker: All politics, all the time Blog Archive - Obama to discuss GM bankruptcy filing « - Blogs from CNN.com: "President Barack Obama will hold an 11:30 a.m. Monday event discussing the bankruptcy filing of General Motors, according to two officials close to the talks."

This company has filed for bankruptcy due to union and employee greed and poor management.

Missing French jet hit thunderstorms over Atlantic - Yahoo! News

Missing French jet hit thunderstorms over Atlantic - Yahoo! News: "A missing Air France jet carrying 228 people from Rio de Janeiro to Paris ran into lightning and strong thunderstorms over the Atlantic Ocean, officials said Monday. Brazil began a search mission off its northeastern coast."