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 Thursday, June 18, 2009 · Former fire chief Trotter says he was suspicious of Webio founder Hernandez · Cubs sale talks reopen with Ricketts' rivals: source · CME has rival in new NY clearing house · Exelon to cut 500 jobs · Eddie Bauer's Chapter 11 could close 120 stores · State unemployment rate hits 25-year high · Lenders argue to pull some malls from General Growth case · Settlement lifts Discover to a profit · Feds look for Blago tie to college admissions · Cat shares fall on sales report · Foreclosure suit hits Naperville apartment complex · 10 things to do this weekend  · Trotter's tangled in Webio: Biz of Sports blog · State $$$ chaos prompts Lisa's Senate move; Daley overseas amid Olympic flap: Greg Hinz blog · Union League's bright lights; fundraiser for jockey: Taking Names blog · 7 essential start-up steps; when your biz loan affects your personal credit: Enterprise City · The latest job changes and appointments: People on the Move  Final Markets Dow Jones 8,555.60 +58.42 +0.69% NASDAQ 1,807.72 -0.34 -0.02% Crain's Index 70.87 +0.530 +0.753% » View Other Top Headlines ADVERTISEMENT Last Chance INTO THE CORE: One or Two-day Summit DePaul University, June 25-26, 2009 How to succeed in an increasingly diverse marketplace. A distinguished executive panel will help you integrate multi cultural marketing into your core strategies for growth and profitability. Click Here to Register Now! OTHER HEADLINES · Healthcare costs expected to jump 9% in 2010: report Modern Healthcare · Study says lack of nearby grocery store takes years off life Chicago Sun-Times · Sparton moving HQ to Schaumburg Daily Herald · Depp, Bale in Chicago for movie premiere ABC7 Crain's Chicago Business | 360 N. Michigan Ave. | Chicago, IL 60601 ADVERTISEMENT TODAY'S FEATURES Video Golf Tip 2009: How to hit better drives PGA teaching pro Dan Kochevar gives you tips to drive the ball better, including the importance of a pre-shot routine, proper set-up and swing adjustments to take advantage of advances in driver technology.Read More · Chicago Business Today - June 18 · Enterprise City - a small business blog · Check, Please! visits Heaven on Seven · Inside the Leather: Ed Sherman's golf blog SIGN UP FOR CUSTOM ALERTS Industries » Account Settings LISTEN LIVE: Traffic, weather and news from our news partner WBBM-AM.

Hundreds of thousands stage somber rally in Iran - Yahoo! News

Hundreds of thousands stage somber rally in Iran - Yahoo! News: "Hundreds of thousands of protesters dressed in black and green flooded the streets of Tehran on Thursday in a somber, candlelit show of defiance and mourning for those killed in clashes after Iran's disputed presidential election."

Alleged Ponzi Schemer Behind Chicago Sports Webio Hired Former Fire Chief Cortez Trotter As Company Consultant

Alleged Ponzi Schemer Behind Chicago Sports Webio Hired Former Fire Chief Cortez Trotter As Company Consultant: "Former Chicago Fire Commissioner Cortez Trotter appears to have become tangled in the scandal surrounding David Hernandez, the businessman who has been charged with fraud and sued by the Securities and Exchange Commission this week on allegations he ran an $11 million ponzi scheme."

Media Matters Daily Summary

Here are today's news items from Media Matters for America, click on the title or 'read more' to read the entirety of each story. Blitzer did not challenge Boehner's false claim that CBO scored "public option" Wolf Blitzer did not challenge Rep. John Boehner's false claim that the "Congressional Budget Office came out with a score on Senator Kennedy's bill, just part of ... his bill that says that the public option would cost over a trillion dollars." In fact, the CBO's preliminary analysis of the draft bill did not assess the impact of a "public option" for health insurance. Read More More media misrepresent scope of preliminary CBO analysis of health bill In reporting the CBO's conclusion that a Senate draft health-care bill would leave many uninsured, Glenn Beck, Sean Hannity, David Brooks, and USA Today did not note that the CBO did not assess several provisions that are expected to be added to the bill and that, according to the CBO director, "could ... have substantial effects on our analysis." Read More Ignoring ABC statement, Kudlow alleges ABC will devote programming to "help sell" Obama's health care plan CNBC's Larry Kudlow claimed that "ABC is going to give up all their programming" to President Obama "to help sell health care reform," but ABC says it will "giv[e] voice to questions and criticisms" of Obama's plan. Read More Parroting GOP, media claim stimulus funding "guard rail to nowhere" -- but project was cancelled Bill Sammon, Gretchen Carlson, and Investors Business Daily each claimed that the stimulus bill is funding what Sammon described as a "guard rail to nowhere." However, the Army Corps of Engineers has said that the project is "not going forward." Read More Wash. Times minimized Princeton alumni group's opposition to admission of women, minorities The Washington Times stated that Samuel Alito had "reported involvement in a Princeton alumni group that opposed affirmative action." In fact, the group actively resisted Princeton's increased admission of women and minorities. Read More Media deceptively claim stimulus funds going to "train station" that "hasn't been used in 30 years" Media figures repeated Sen. Tom Coburn's claim that stimulus funds are being used "to renovate an abandoned train station that hasn't been used in 30 years." But while the station house has long been closed, "[t]he station's platform currently serves more than 80,000 passengers a year," as Coburn's report noted. Read More NPR's Zwerdling understated LGBT criticisms of Obama's DOMA brief NPR correspondent Daniel Zwerdling reported that "gay activists" are upset that "the [Obama] administration is defending the federal law that forbids the federal government to recognize same-sex marriage." In fact, prominent members of the LGBT community have also sharply criticized the content of the Justice Department brief in defense of DOMA. Read More Kudlow let McCaughey claim health care bill "pushes Americans into low-budget plans" Larry Kudlow did not challenge -- and interrupted another guest when he challenged -- Betsy McCaughey's assertion that the Affordable Health Choices Act "pushes Americans into low-budget plans." Read More After exclusive access, softball interviews during Bush admin, Fox News blasts ABC for White House exclusive Fox News hosts and guests have criticized a scheduled ABC exclusive broadcast from the White House, but they failed to mention the extraordinary access Fox News had to President Bush and other officials, using those opportunities to lob softball questions and provide a platform for Bush administration talking points. Read More A Top Ten list for Letterman's conservative critics He doesn't host his own syndicated talk radio show. That isn't his chair behind the desk of a cable-news program. You won't find his byline on the op-ed pages, discussing the ins and outs of President Obama's latest policy proposal. Read More Fox chyron asserted as fact that Walpin was "fired for protecting taxpayers" Fox & Friends aired on-screen text asserting as fact the claim -- disputed by the Obama administration -- that former inspector general Gerald Walpin was "fired for protecting taxpayers." Read More NY Times selectively cited own poll results on Obama's economic policies The New York Times reported that according to its own polling, "A majority of people said his [President Obama's] policies have had either no effect yet on improving the economy or had made it worse." However, the Times article did not report that 57 percent of respondents approved of the way Obama is handling the economy. Read More You can help support our work; become a volunteer media monitor, or donate to Media Matters for America.

Exelon to cut 500 jobs

Viewing on a PDA? Click here. CHICAGOBUSINESS — POWERED BY CRAIN'S — Breaking News CRAIN'S LISTS MARKETS GO TO MY ACCOUNT GO TO CHICAGOBUSINESS.COM Thursday June 18, 2009 8:36 AM Exelon to cut 500 jobs (Crain's) — Exelon Corp. plans to cut about 500 jobs and is reworking the duties of several executives, the company said ...   Read More » View Other Top Headlines » Read This Week's Crain's CRAIN'S DAILY FEATURE Chicago Business Today - June 17 Mayor Daley agrees to Olympic financial guarantee. With the glut of unsold South Loop condos, some developers consider converting to apartments. The Glen shopping center owner is in danger of mortgage default.Read More MORE FEATURES • Inside the Leather: Ed Sherman's golf blog • Enterprise City - a small business blog • Video Golf Tip 2009: Get the season off right • Check, Please! visits Heaven on Seven SIGN UP FOR CUSTOM ALERTS Industries Companies Executives » Account Settings Crain's Chicago Business 360 N. Michigan Ave. | Chicago, IL 60601 ADVERTISEMENT ADVERTISEMENTCrain'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.

Woods’ US Open title defense starts with adventure - Golf - Yahoo! Sports

Woods’ US Open title defense starts with adventure - Golf - Yahoo! Sports: "Tiger Woods’ defense of the U.S. Open championship started with an adventure."

Democrats plan to pass financial overhaul quickly - Forbes.com

Democrats plan to pass financial overhaul quickly - Forbes.com: "Democratic leaders have committed to enacting by the end of the year the biggest regulatory revision to the U.S. financial system since the 1930s - an undertaking so ambitious it has some lawmakers worried about missteps."

Report: Health care costs to rise 9 pct in 2010 - Yahoo! News

Report: Health care costs to rise 9 pct in 2010 - Yahoo! News: "Employers who offer health insurance coverage could see a 9 percent cost increase next year, and their workers may face an even bigger hit, according to a report from consulting firm PricewaterhouseCoopers."

Mousavi calls Iran rally to mourn dead protesters - Yahoo! News

Mousavi calls Iran rally to mourn dead protesters - Yahoo! News: "Opposition leader Mir Hossein Mousavi called his followers back into the streets of Tehran Thursday for another mass rally over Iran's disputed presidential election and urged them to wear black to mourn those killed in clashes."

Rights groups: reformists seized in Iran crackdown - Yahoo! News

Rights groups: reformists seized in Iran crackdown - Yahoo! News: "International human rights organizations said Wednesday that many prominent activists and politicians have been arrested in response to protests over Iran's disputed election."

Families, women in chadors join Iran's opposition - Yahoo! News

Families, women in chadors join Iran's opposition - Yahoo! News: "It's not just young, liberal rich kids anymore: Whole families, taxi drivers, even conservative women in black chadors are joining Iran's opposition street protests."

New financial rules: Major changes for big, small - Yahoo! News

New financial rules: Major changes for big, small - Yahoo! News: "From simple home loans to Wall Street's most exotic schemes, the government would impose and enforce sweeping new 'rules of the road' for the nation's battered financial system under an overhaul proposed Wednesday by President Barack Obama."

Crain's Daily News Alert prepared for Top Executives

Viewing on a PDA? Click here.   To view this email in a web browser click here. CHICAGOBUSINESS — POWERED BY CRAIN'S — Daily Business Briefing CRAIN'S LISTS SEND LETTERS TO THE EDITOR MULTIMEDIA WEEKLY JOB CHANGES TOP HEADLINES Wednesday, June 17, 2009 · Daley agrees to Olympics financial guarantee · Feds issue arrest warrant for Webio's Hernandez · Northern Trust repays TARP $1.58B · Lawmakers at odds on tax increase · United's alliance with Continental hits turbulence · Exelon makes plea to NRG shareholders · UAL sees available seat revenue down almost 20% in Q2 · Citadel to invest up to $100M more in E*Trade · Waterview Hotel project on the market · Glen Town Center faces 'imminent' loan default · Foreclosure suit hits most expensive local home of '06 · Debt-challenged Hyde Park seminary puts building on the block  · Daley must come clean on 2016 tab; Asian groups hit state Supreme Court appointment: Hinz blog · Former WSCR host says he knew of Hernandez's past. The leak, the Hall and No. 21. Plus, what's next for Chet Coppock: Biz of Sports blog · Chamber meeting full of drama — in seating plan: Taking Names blog · Getting a handle on value of your biz, and who wants to work for a large company? Enterprise City  Final Markets Dow Jones 8,497.18 -7.49 -0.09% NASDAQ 1,808.06 +11.88 +0.66% Crain's Index 70.34 -0.070 -0.099% » View Other Top Headlines ADVERTISEMENT Last Chance INTO THE CORE: One or Two-day Summit DePaul University, June 25-26, 2009 How to succeed in an increasingly diverse marketplace. A distinguished executive panel will help you integrate multi cultural marketing into your core strategies for growth and profitability. Click Here to Register Now! OTHER HEADLINES · Eddie Bauer files Chapter 11 Crain's New York Business · Congress mulls scrapping tax break for pharma ads Advertising Age · Slight rise in consumer prices in May New York Times · Obama's proposal makes sweeping changes to Fed, others MarketWatch Crain's Chicago Business | 360 N. Michigan Ave. | Chicago, IL 60601 ADVERTISEMENT TODAY'S FEATURES Chicago Business Today - June 17 Mayor Daley agrees to Olympic financial guarantee. With the glut of unsold South Loop condos, some developers consider converting to apartments. The Glen shopping center owner is in danger of mortgage default.Read More · Inside the Leather: Ed Sherman's golf blog · Enterprise City - a small business blog · Video Golf Tip 2009: Get the season off right · Check, Please! visits Heaven on Seven SIGN UP FOR CUSTOM ALERTS Industries » Account Settings LISTEN LIVE: Traffic, weather and news from our news partner WBBM-AM.

Ensign quits Senate GOP leadership post - Yahoo! News

Ensign quits Senate GOP leadership post - Yahoo! News: "Republican Sen. John Ensign of Nevada has stepped down from his leadership post one day after admitting he carried on a marital affair with a woman who was on his campaign staff."

Obama: Fired IG ‘Confused, Disoriented’ | Sweetness & Light

Obama: Fired IG ‘Confused, Disoriented’ Sweetness & Light: "Responding to criticism from a Senate Democratic ally, President Obama explained why he fired the Inspector General of the AmeriCorps without the 30-day notification required by law, calling Gerald Walpin so 'confused' and 'disoriented' that there was reason to question 'his capacity to serve.'"

Autopsies suggest Air France jet broke up in sky - Yahoo! News

Autopsies suggest Air France jet broke up in sky - Yahoo! News: "Autopsies revealed fractures in the legs, hips and arms of Air France disaster victims, a Brazilian official said Wednesday. Experts said those injuries — and the large pieces of wreckage pulled from the Atlantic — strongly suggest the plane broke up in the air."

Iran accuses US of meddling after disputed vote - Yahoo! News

Iran accuses US of meddling after disputed vote - Yahoo! News: "Iran accused the United States on Wednesday of 'intolerable' meddling in its internal affairs, alleging for the first time that Washington has fueled a bitter postelection dispute. Opposition supporters marched in huge numbers through Tehran's streets for a third straight day to protest the outcome of the balloting."

Obama spells out major financial rules overhaul - Yahoo! News

Obama spells out major financial rules overhaul - Yahoo! News: "President Barack Obama proposed sweeping new 'rules of the road' for the nation's financial system Wednesday, casting the changes as a critically important response to the economic crisis and the greatest regulatory transformation since the Great Depression."

Report: Same-sex partners to get fed benefits

Can't see this email? View the online version. Today's Poll: 'Hate crimes' amendment Same-sex partners to get fed benefits President Barack Obama, whose homosexual supporters have grown frustrated with his slow movement on their priorities, is extending benefits to same-sex partners of federal employees, a White House official said. Related commentary: A matter of pride?" Grassroots need to defuse 'hate crimes' ploy A leading conservative lawmaker says the only way "hate crimes" legislation can be stopped in the U.S. Senate is if senators believe that when they return home there will be some "pain" associated with a vote in favor of the controversial measure. VOTE IN A RELATED POLL" Netanyahu's ground rules reveal new tact A best-selling author and former political consultant to Benjamin Netanyahu says the Israeli leader's recent foreign policy speech clearly illustrates that Netanyahu doesn't want to continue the same foreign policy mistakes of the past." Perspective: Equality...or pay-back? Sonia Sotomayor's abusive behavior in court is consistent with someone in pay-back mode -- not the kind of judge you want to give a lifetime appointment." Parenting: Don't ever quit -- even if your teen hates you Don't forsake your relationship with your teens or your love for them, no matter how they act. God's promises aren't empty." White House wants more powerful Federal Reserve WASHINGTON The Obama administration has unveiled a sweeping regulatory overhaul of the country's financial system. The plan would give new powers to the Federal Reserve to oversee Hydrogen gas leak delays shuttle launch again Aerospace Writer CAPE CANAVERAL, Fla. For the second time in less than a week, a potentially dangerous hydrogen gas leak early Wednesday forced NASA to delay shuttle Endeavour's launch NKorea warns US of 'thousand-fold' military action SEOUL, South Korea North Korea warned Wednesday of a "thousand fold" military retaliation against the U.S. and its allies if provoked, the latest threat in Cruise ship pas... Stallworth plea Zicam warning BLOG: Top 10 wasteful stimulus projects Elijah Friedeman| Senator Tom Coburn has issued a report entitled 100 Stimulus Projects: A Second Opinion. The report highlights 100 of the most wasteful projects funded by the stimulus. Here are the top ten wasteful projects according to the report. " BLOG: Obama's FCC nominee doesn't support the Fairness Doctrine Elijah Friedeman| Julius Genachowski, Obama's pick to head the FCC, said today that he "does not support the reinstatement of the Fariness doctrine." With video goodness. " BLOG: Obama to extend benefits to same-sex partners of fed employees Elijah Friedeman| According to the AP Obama is preparing to extend benefits to same-sex partners of federal employees." The Contradictions of our President While my first passion (and formal training) is in theology and philosophy, I do love following politics. http://www.conversantlife.com/politics/the-contradictions-of-our-president Bible Busâ€"June Update During our Caribbean cruise last week I finished reading through the Bible.http://www.keepbelieving.com/blog/2009-6-16-bible-busn-june-update/ Jamie Mitchell’s Prayer at the Pennsylvania House Last Wednesday Jamie Mitchell, pastor of NewSong Fellowship Church in Lancaster, Pennsylvania.http://www.keepbelieving.com/blog/2009-6-15-jamie-mitchells-prayer-at-the-pennsylvania-house/ Iowa Conference - NICHE Part 3 While at the NICHE conference in Iowa, Dr. Voddie Baucham delivered the keynote speech for the Friday night session. The title was Homeschooling How and Why. The goal of the message was to give information to parents and grandparents who Enjoying the Teenage Years   Until just a few months ago, we could say, “We have four teenagers †That line was always good for murmurs of sympathy or expressions of amazement. But the condolences were unnecessary. We are loving the teenage years As Growing Godly Girls It’s supposed to hit the high 90’s today, with over 90% humidity, here in Mississippi where I live. Sounds like a day to head for the pool or stay inside where it’s cool. Only a mother’s love would propel me OneNewsNow.com - P. O. Drawer 2440 - Tupelo, MS 38803 - (662) 821-2007

ABC7 eNews

>>> Having trouble viewing this newsletter? View as a webpage. Top Stories Wednesday, June 17, 2009 Quinn, legislative leaders meet | VIDEO Illinois Governor Pat Quinn meets with legislative leaders Wednesday, hoping to resolve the state budget, which could feature major funding cuts and layoffs if more revenue is not found. Police search for station clerk's killers | VIDEO Police in Gary, Indiana, are searching for suspects who shot and killed a clerk at a gas station. Chicago 2016 presents to IOC | VIDEO Chicago's time in the spotlight in Switzerland spilled over by 15 minutes during the city's presentation on the bid for the 2016 Summer Games. Taste vendors cutting back, raising prices Taste of Chicago fans may find their favorite foods cost more this year -- or they may not find them at all. Chicago restroom makes nation's top 10 | VIDEO The Drake Hotel's Palm Court Ladies Room is among the top 10 in the country. MORE STORIES Strange Chicago restroom makes nation's top 10 | VIDEO Man survives 6-story fall from bank building Man hides in drain 12 hrs. to avoid arrest More than 500 tractors join annual joyride Plane lands on 5th hole of golf course Consumer Macy's recalls children's hooded sweatshirts GPS maker adds Homer Simpson's voice Gas prices rise for 50th straight day Survey: American Airlines serves worst meals Auto loan delinquencies jump in 1st quarter Healthbeat FDA: Zicam nasal spray can cause loss of smell New recipe for killing shingles pain Officials: Time to book school physicals now Diet can have effect on prostate cancer Advanced arthritis drug may ease early symptoms MOST POPULAR Investor accused in Ponzi scheme missing Chicago 2016 presents to IOC Woman allegedly leaves baby, dogs in car Feds: Puffer fish poisoner upped ante on wife Funerals for the poor suspended All Most Popular Advertisement TODAY'S WEATHER OUTLOOK 76°F 56°F Mostly cloudy Hour-by-Hour | 7 Day Forecast | Radar & Satellite TONIGHT ON ABC 7:00 PM Wipeout 8:00 PM I Survived a Japanese Game Show 9:01 PM The Unusuals 10:00 PM ABC 7 News 10:35 PM Nightline Lottery Results Your Daily Horoscope Barack Obama: The human flyswatter Evidently, there's a new SWAT team at the White House -- and it's Barack Obama. Restaurant centers on sweet potatoes Sweet potatoes are more versatile than you might think. The Hungry Hound SUBSCRIPTION OPTIONS I'd like to receive the following newsletters from abc7chicago.com Daily Weather | Daily News | 190 North Sign up for news alerts