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Monday, May 04, 2009

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, 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 McCafé 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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TODAY'S WEATHER OUTLOOK

71°F

Today's weather

46°F

Clouds breaking for some sun


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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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Crain's Chicago Business Early Alert E-mail



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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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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Sunday, May 03, 2009

Senators: Next justice should have wide experience

Senators: Next justice should have wide experience: "President Barack Obama's search to replace retiring Supreme Court Justice David Souter should extend beyond the current roster of federal judges, senators from both political parties said Sunday."

Saturday, May 02, 2009

Farmers fear pigs may get "swine" flu from people

Farmers fear pigs may get "swine" flu from people: "Humans have it. Pigs don't. At least not yet, and U.S. pork producers are doing everything they can to make sure that the new H1N1 virus, known around the world as the 'swine flu,' stays out of their herds."

Somali pirates hijack ship with Ukrainian crew

Somali pirates hijack ship with Ukrainian crew: "Somali pirates have hijacked a British-owned cargo ship crewed by Ukrainians, a NATO spokesman said Saturday."

Liberal or not, Souter's departure will remake court

Liberal or not, Souter's departure will remake court: "Conventional wisdom now holds that Justice David Souter's retirement may do little to change the Supreme Court's overall ideological makeup: President Barack Obama will simply replace one liberal for another."

Friday, May 01, 2009

Media Matters Daily Summary




Media Matters for America
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.
Coulter's credibility rating drops even further with repetition of Obama approval falsehood
Echoing other conservative media figures' claims about Gallup polls, Ann Coulter falsely claimed President Obama is "actually the second least popular president, 100 days in, we've had in 40 years." In fact, Gallup itself recently reported that, by two different measures, Obama's approval rating is the second highest of any president since 1969. Read More
Liasson repeats tired Obama earmark falsehood on NPR
Mara Liasson falsely claimed that President Obama "vowed to eliminate" earmarks. In fact, Obama promised to reform the earmark process and cut wasteful spending, not "eliminate" earmarks altogether. Read More
Fox News' Angle continues to use false comparison to downplay harsh interrogations
Jim Angle again falsely compared the harsh techniques used in CIA interrogations of detainees to U.S. military training exercises. In fact, officials familiar with both dispute the comparison. Read More
Buchanan repeated false dichotomy between judicial activism and conservatism
Discussing David Souter's reported plan to retire from the Supreme Court, Pat Buchanan repeated the myth that conservative judges are by definition not activists. Read More
Does CNN's Tucker realize UAW's "straight payback" includes loss of COLA, bonuses, dental?
CNN's Bill Tucker reported that "some economists" say the Chrysler restructuring deal is a "straight payback" to the UAW from the Obama administration. But Tucker did not note any of the numerous concessions the union has reportedly made as part of a related deal. Read More
Fox News ignored GOP's obstruction of Kagan's 1999 appeals court nomination
On Fox News, the American Center for Law and Justice's Jay Sekulow dismissed the possible nomination of Solicitor General Elena Kagan to the Supreme Court by stating that she "does not have any judicial experience." However, neither Sekulow nor co-host Megyn Kelly noted that Republicans blocked Kagan's nomination to a U.S. Court of Appeals seat in 1999. Read More
Flashback: Media conservatives denounced judicial filibusters
Media Matters for America has compiled examples of conservative commentators denouncing the use of filibusters to block President Bush's nominees to the Supreme Court or lower courts, including commentators who claimed or suggested that such filibusters violated the Constitution. Read More
Ann Coulter scheduled to have "soapbox" on Larry King Live

CNN host Larry King announced that Ann Coulter will once again appear on his show. In the past, CNN's Howard Kurtz has questioned why television news networks continue to host Coulter in light of her history of inflammatory commentary. Read More
You can help support our work; become a volunteer media monitor, or donate to Media Matters for America.
 

Politics, Political News - POLITICO.com

Politics, Political News - POLITICO.com: "New Justice may reignite abortion fight
By LISA LERER 5/1/09 4:57 PM
Obama’s first pick could reignite abortion fights.
Obama wants new justice in place by fall
Obama confirms Souter retirement
Conservatives target likely nominees
First openly gay justice on the court?
Hispanic caucus leaders push Hispanic justice"

Obama vows his Supreme Court nominee will be in touch with challenges - Josh Gerstein - POLITICO.com

Obama vows his Supreme Court nominee will be in touch with challenges - Josh Gerstein - POLITICO.com: "President Barack Obama vowed on Friday that his first nominee to the U.S. Supreme Court will be in touch with the challenges facing ordinary Americans and will take those concerns into account in considering cases."

GOP gears up for Court fight - Glenn Thrush and Manu Raju - POLITICO.com

GOP gears up for Court fight - Glenn Thrush and Manu Raju - POLITICO.com: "Senate Republicans admit they have virtually no shot at stopping President Barack Obama’s pick to replace Supreme Court Justice David Souter — but they see a definite political upside in waging a fight."

ABC7 eNews




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Top Stories

Friday, May 1, 2009


Illinois has 3 confirmed H1N1 flu cases | VIDEO
The state health department says there are now at least three confirmed cases of H1N1 flu in Illinois, and two those confirmed cases are in Chicago. The other confirmed case is in DuPage County.

16 local schools closed for H1N1 flu | VIDEO
As the first Illinois cases of the H1N1 virus have been confirmed, more schools have closed their doors.

Annual march goes on despite flu concern | VIDEO
The numbers for the May 1 immigration march are not as great as they have been in years before. The march went on despite concerns by the city about the spread of the H1N1 flu virus.

IOC road trips through Rio
Rio 2016 chose a national holiday- when there's less traffic- to show off the city.

Blago street art pops up downtown
A graffiti artist is putting up images of Rod Blagojevich in the Loop and other places around the city.

MORE STORIES

Strange

'Who's in Jail' Web site launched by sheriff

Mannequin threatens to bust barbecue joint

Man shoved officer to join brother in jail

Thief steals 2 wheels from Calif. AG's car

Diners report seeing Virgin Mary on food griddle

Consumer

Wis. officials warn of contaminated spinach

Cribs sold at Babies 'R' Us recalled

Some seek stricter safety standards for car roofs

Gap recalls children's coats

Comcast to carry NFL Network past deal deadline

Healthbeat

Healthbeat Report: Tracking a disease | VIDEO

Wis. officials warn of contaminated spinach

FDA warns of potentially fatal Botox risks

Cancer pill may benefit MS patients

Folic acid may help control allergies, asthma

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Sears Ledge to offer unobstructed views This summer, visitors at the Sears Tower will -- literally -- have Chicago at their feet.

SLIDESHOW: SEARS TO OPEN SKYDECK LEDGE
SLIDESHOW: HISTORY OF SEARS TOWER

Upscale vegetarian brunch at Green Zebra Brunch is a weekend ritual for many people, and filling up on meat isn't the healthiest way to start the day.



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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 Friday, May 1, 2009

· ComEd households will see lower bills

· Illinois can treat 1M with flu supplies on hand

· Corus looking into sale, merger

· Hedge fund Citadel launches investment banking unit

· Aon plunges after first-quarter profit fails to meet expectations

· Northfield on life support with FDA ruling

· Futures broker expands, bank regulator renews in South Loop

· First Industrial stock soars on results

· Fortune Brands 1Q profit sinks, beats estimates

· As false flu concerns ease, pork futures surge

· Blago seeks to pay lawyers with campaign funds

· 10 things to do this weekend 

· Crain's is now accepting nominations for its annual 40 Under 40 feature. Deadline is May 15. 

As of 2:15 p.m. CDT

Dow Jones

8,148.45

-19.67

-0.24%

NASDAQ

1,711.64

-5.66

-0.33%

Crain's Index

66.37

-0.150

-0.225%

» View Other Top Headlines

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Support the Chicago River's continued recovery & get benefits such as FREE admission to the McCormick Tribune Bridgehouse & Chicago River Museum by joining our museum's Corporate Club. Learn the benefits to your company, community & the environment at bridgehousemuseum.org.

OTHER HEADLINES

· Chicago area has 3 confirmed 51 possible swine flu cases Chicago Sun-Times

· Metra may start taking credit cards Daily Herald

· Fed to launch program boosting commercial loans MarketWatch

· Michael Vick in talks to become PETA spokesman Advertising Age

Crain's Chicago Business | 360 N. Michigan Ave. | Chicago, IL 60601

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TODAY'S FEATURES

Special Feature

VIDEO: MBA students tackle today's realities

Top programs are tougher to get into. Once there, paying for it is increasingly tricky. And the job market once you've graduated…..? Learn how students are coping with these issues. Read More


· Chicago Business Today - April 30

· De Cero – Taqueria de West Loop

· American Cancer Society Discovery Ball

· Entrepreneurs in Action: TopGolf

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Obama's high court choice could be Hispanic, woman

Obama's high court choice could be Hispanic, woman: "President Barack Obama pledged Friday to name a Supreme Court justice who combines 'empathy and understanding' with an impeccable legal background to succeed liberal David Souter, whose abrupt retirement announcement set off speculation the next justice could be a woman, a Hispanic or both."