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Wednesday, May 27, 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 Wednesday, May 27, 2009

· Busted boxes latest snafu in parking pain

· Chicago-area home sales fall 22% in April

· McD's aims to become drinks destination

· Statehouse Republicans call on Burris to resign

· Wirtz family gives NMH $20M for cancer research

· Michael Jordan helps sell Chicago's Olympics dream

· CME rival ELX set to launch, but bad blood could mar debut

· Career Ed a candidate to go private, analyst says

· Discover chief: Slow loan growth ahead

· Controversial fund to auction former Dominick's site

· Marovitz/Cataldo project hit with foreclosure suit

· Chicken sandwich chain plans Chicago-area debut 

· Fog tops Springfield agenda, Madigans reunite on public records law: Hinz blog

· NEW! Small biz blog: Grabbing your slice of stimulus pie, and retail value of 'green': Enterprise City

· 24-hour boot camp on meeting women: Taking Names blog

· McDonough takes nothing for granted with Hawks: Biz of Sports blog 

Final Markets

Dow Jones

8,300.02

-173.47

-2.05%

NASDAQ

1,731.08

-19.35

-1.11%

Crain's Index

68.54

-1.680

-2.392%

» View Other Top Headlines

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OTHER HEADLINES

· Danny Davis: 'I thank God every day' I didn't take Senate seat Daily Herald

· Obama says stimulus beginning to work New York Times

· At $63, oil at highest level in nearly 7 months MarketWatch

· G.M. nears bankruptcy as debt exchange fails New York Times

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TODAY'S FEATURES

Special Feature

Chicago Business Today - May 27

The latest installment in our Road to Recovery series: Technology. Plus: Local home sales improve. Delinquent commercial real estate loans surge. Chick-Fil-A to open its first Chicago-area store. Read More


· Check, Please! on Borrowed Earth Café

· Road to Recovery: Technology

· Entrepreneurs In Action — Groupon

· VIDEOS: Women to Watch 2009

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North Korea threatens South, restarts plutonium plant - Yahoo! News

North Korea threatens South, restarts plutonium plant - Yahoo! News: "North Korea, facing international censure for this week's nuclear test, threatened on Wednesday to attack the South after it joined a U.S.-led plan to check vessels suspected of carrying equipment for weapons of mass destruction."

The GOP's Initial Tactic on Supreme Court Nominee Sotomayor: Play for Time - Yahoo! News

The GOP's Initial Tactic on Supreme Court Nominee Sotomayor: Play for Time - Yahoo! News: "It's no wonder that so many Republicans reacted to President Barack Obama's nomination of Sonia Sotomayor to the Supreme Court Tuesday by arguing that the confirmation process couldn't be rushed: the GOP knows it has been dealt a bad hand, and it's playing for time."

GM says bondholder offer fails; bankruptcy likely - Yahoo! News

GM says bondholder offer fails; bankruptcy likely - Yahoo! News: "A General Motors Corp. bankruptcy filing seemed inevitable after a rebellion by its bondholders forced it to withdraw on Wednesday a plan to swap bond debt for company stock."

Bush v. Gore lawyers take on gay marriage ban - Yahoo! News

Bush v. Gore lawyers take on gay marriage ban - Yahoo! News: "Two lawyers who squared off in the legal case that determined the 2000 U.S. presidential election joined forces on Wednesday to ask a federal court to halt California's same-sex marriage ban, despite warnings from gay rights advocates not to mount a federal challenge."

Iran candidate Rezaei seeks path for US talks - Yahoo! News

Iran candidate Rezaei seeks path for US talks - Yahoo! News: "The only conservative challenger to President Mahmoud Ahmadinejad in Iran's elections proposed on Wednesday a step-by-step approach to improve U.S. ties and said President Barack Obama has made an important shift in attitude toward Iran."

Push to confirm first Hispanic to Supreme Court - Yahoo! News

Push to confirm first Hispanic to Supreme Court - Yahoo! News: "The top Republican on the Senate Judiciary Committee said Wednesday he doesn't foresee a filibuster against Supreme Court nominee Sonia Sotomayor, even though GOP lawmakers want to closely scrutinize her legal philosophy."

GM says bondholder offer fails; bankruptcy likely - Yahoo! News

GM says bondholder offer fails; bankruptcy likely - Yahoo! News: "A General Motors Corp. bankruptcy filing seemed inevitable after a rebellion by its bondholders forced it to withdraw on Wednesday a plan to swap bond debt for company stock."

Tuesday, May 26, 2009

ABC's Greenburg takes Sotomayor remarks out of context, provides opposition spin | Media Matters for America

ABC's Greenburg takes Sotomayor remarks out of context, provides opposition spin Media Matters for America: "ABC's Jan Crawford Greenburg aired two comments from Sonia Sotomayor, in both cases removing her remarks from context and providing only criticisms of those statements from her conservative opponents."

Right divided over court fight - Yahoo! News

Right divided over court fight - Yahoo! News: "Conservative groups know they want to oppose Supreme Court nominee Sonia Sotomayor — but exactly how that campaign will be conducted is a major unanswered question that is splitting the Republican right."

My Supreme Court nominee




Fred --

I am proud to announce my nominee for the next Justice of the United States Supreme Court: Judge Sonia Sotomayor.

This decision affects us all -- and so it must involve us all. I've recorded a special message to personally introduce Judge Sotomayor and explain why I'm so confident she will make an excellent Justice.

Please watch the video, and then pass this note on to friends and family to include them in this historic moment.

Watch a special message from the President

Judge Sotomayor has lived the America Dream. Born and raised in a South Bronx housing project, she distinguished herself in academia and then as a hard-charging New York District Attorney.

Judge Sotomayor has gone on to earn bipartisan acclaim as one of America's finest legal minds. As a Supreme Court Justice, she would bring more federal judicial experience to the Supreme Court than any Justice in 100 years. Judge Sotomayor would show fidelity to our Constitution and draw on a common-sense understanding of how the law affects our day-to-day lives.

A nomination for a lifetime appointment to the highest court in the land is one of the most important decisions a President can make. And the discussions that follow will be among the most important we have as a nation. You can begin the conversation today by watching this special message and then passing it on:

http://my.barackobama.com/SupremeCourt

Thank you,

President Barack Obama




 

Paid for by Organizing for America, a project of the Democratic National Committee -- 430 South Capitol Street SE, Washington, D.C. 20003. This communication is not authorized by any candidate or candidate's committee.

This email was sent to: frednance@clickservices.org

 

ABC7 eNews




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Top Stories

Tuesday, May 26, 2009


Explosion, fire leave families homeless | VIDEO
An early morning blast leveled one apartment building and spread flames through several more.

UofC reacts to SCOTUS nominee | VIDEO
Students and faculty at the University of Chicago reacted Tuesday to the president's choice of a New York judge for the nation's highest court.

Judge approves release of Burris conversation
A federal judge said Tuesday he would allow the U.S. Senate Ethics Committee to have a federal wiretap of former Gov. Rod Blagojevich's brother having a phone conversation with U.S. Sen. Roland Burris.

Chicago activists plan for Prop 8 ruling
Activists plan to rally in Chicago to either celebrate or protest a decision by the California Supreme Court.

Patti Blagojevich getting ready for reality TV | VIDEO
Former Illinois first lady Patti Blagojevich says she's getting ready for her stint on reality TV by doing yoga and cooking meals for her kids to eat while she's gone.

MORE STORIES

Strange

Cigarette bandit wore beer carton disguise

40 men parade in women's shoes

Huge lobster roll to be colossal creation

Horror story printed on toilet paper

Bee swarm traps workers in game store

Consumer

Gas-Saving Scooters

Court: No exclusive cable rights in apartments

Local kids create iPhone application | VIDEO

Mower Safety

Stricter ID rules for travel in effect June 1

Healthbeat

Vaccine refusal boosts kids' whooping cough risks

Researchers ID baldness gene in mice

Report: Many over 40 have inner ear damage

Pregnant exercise benefits child, mother

Primate brains may shed light on Alzheimer's

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Obama picks Sotomayor for high court President Barack Obama named federal appeals judge Sonia Sotomayor as the nation's first Hispanic Supreme Court justice on Tuesday.

SLIDESHOW: Judge Sonia Sotomayor
NY judge rises from projects to SCOTUS
Chicago judge passed over for high court
Republicans set to examine nominee's record

'Ferris Bueller' home offered at $2.3 million The home of Ferris Bueller's best friend is on the market.



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Politics, Political News - POLITICO.com

Politics, Political News - POLITICO.com

President Barack Obama will select New York federal judge Sonia Sotomayor to be the next Supreme Court justice, naming the first Hispanic justice to the high court and adding a second woman to the panel.

Report: North Korea test-fires 2 more missiles - Yahoo! News

Report: North Korea test-fires 2 more missiles - Yahoo! News: "North Korea launched tests Tuesday of two more short-range missiles a day after detonating a nuclear bomb underground, a news report said, pushing the regime's confrontation with world powers further despite the threat of U.N. Security Council action."

Israel to propose settlement compromise to US - Yahoo! News

Israel to propose settlement compromise to US - Yahoo! News: "Israel would dismantle nearly two dozen wildcat settlement outposts in the West Bank in the next few weeks if the U.S. drops its objections to continued building in existing, government-sanctioned settlements, officials said."

Monday, May 25, 2009

EU, US: NKorean nuke test violates UN sanctions - Yahoo! News

EU, US: NKorean nuke test violates UN sanctions - Yahoo! News: "The U.S., the EU and Russia condemned North Korea's reported nuclear test Monday as a violation of U.N. resolutions and promised to take the isolated regime before the Security Council. Even China joined the chorus of disapproval, saying it 'resolutely opposed' the test."

Iran's Ahmadinejad wants to debate Obama at UN - Yahoo! News

Iran's Ahmadinejad wants to debate Obama at UN - Yahoo! News: "Mahmoud Ahmadinejad proposed on Monday a face-to-face debate with President Barack Obama at the United Nations if he is re-elected next month as Iran's president."

Iraqi trade chief resigns amid corruption scandal - Yahoo! News

Iraqi trade chief resigns amid corruption scandal - Yahoo! News: "Iraq's prime minister has accepted the resignation of the country's trade minister, who agreed to step down following allegations of widespread corruption in his department, the government said Monday."

Obama: N. Korea 'recklessly challenging' the world - Yahoo! News

Obama: N. Korea 'recklessly challenging' the world - Yahoo! News: "President Barack Obama said Monday that North Korea's latest nuclear test should be 'a matter of grave concern to all nations' and accused Pyongyang of behaving recklessly and defying international will."

Sunday, May 24, 2009

NKorea says it conducted nuclear test - Yahoo! News

NKorea says it conducted nuclear test - Yahoo! News: "North Korea announced Monday that it successfully carried out an underground nuclear test, weeks after threatening to restart its rogue atomic program."

GOP senator: Court nominee could incite filibuster - Yahoo! News

GOP senator: Court nominee could incite filibuster - Yahoo! News: "The Senate's No. 2 Republican on Sunday refused to rule out a filibuster if President Barack Obama seeks a Supreme Court justice who decides cases based on 'emotions or feelings or preconceived ideas.'
Sen. Jon Kyl made clear he would use the procedural delay if Obama follows through on his pledge to nominate someone who takes into account human suffering and employs empathy from the bench. The Arizona Republican acknowledged that his party likely does not have enough votes to sustain a filibuster, but he said nonetheless he would try to delay or derail the nomination if Obama ventures outside what Kyl called the mainstream."

Powell Takes on Cheney, Limbaugh in Battle for Republican Party - Yahoo! News

Powell Takes on Cheney, Limbaugh in Battle for Republican Party - Yahoo! News: "Former Secretary of State Colin Powell said the Republican Party needs to break free from the grip of conservative radio commentator Rush Limbaugh and forge a more inclusive identity."

Facebook block ahead of Iran vote hampers youth - Yahoo! News

Facebook block ahead of Iran vote hampers youth - Yahoo! News: "Iran's decision to block access to Facebook — less than three weeks before nationwide elections — drew sharp criticism Sunday from a reformist opposition hoping to mobilize the youth vote and unseat President Mahmoud Ahmadinejad."

'Bloody intersection' secured by Pakistani troops - Yahoo! News

'Bloody intersection' secured by Pakistani troops - Yahoo! News: "The Taliban left so many mutilated bodies at the crossing — some hanging from trees with threatening notes — that Pakistanis in the Swat Valley's main town took to calling it 'bloody intersection.'"

Defeated Tamil Tiger rebels confirm leader's death - Yahoo! News

Defeated Tamil Tiger rebels confirm leader's death - Yahoo! News: "The defeated Tamil Tiger rebels confirmed Sunday that their supreme leader was killed in the group's final battle against Sri Lankan troops."