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Monday, October 26, 2009

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, October 26, 2009

· Block 37: The Buck angle

· Saving ShoreBank

· CTA, Apple in station naming-rights deal

· Taurus rising a good sign for Ford plants

· Binny's growth cocktail

· High-speed rail's price tag doubles

· We are No. 1 — in a new bond bonanza

· Taking Names: Cutting battle over coupon biz


FOCUS

Real estate on the brink

What, if anything, can developers and real estate agents can do to win back the trust of the newly sober public?


THE BUSINESS OF LIFE

Sturm und Drang

Opera offers plenty of passion and drama. For Lyric Opera subscribers, so does the seating chart.

EDITORIAL INDEX

for October 26, 2009 (Significant References only)

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THIS WEEK'S NEWS

Greg Hinz: Backdraft on public-safety spending

When Paul Vallas served as Chicago budget director in the mid-1990s, he occasionally would recommend that the city cut ...

Mayor's raid on reserves shortsighted

Don't look now, but the entire rationale for privatizing city assets evaporated last week. When Mayor Richard M. Daley ...

Chicago can't wait on sidelines in race for venture capital

If there is one thing we have learned from previous market downturns, it's this: Where some see despair, others see ...

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

Sunday, October 25, 2009

AP sources: Health bill may cut employer mandate - Yahoo! News

AP sources: Health bill may cut employer mandate - Yahoo! News

Businesses would not be required to provide health insurance under legislation being readied for Senate debate, but large firms would owe significant penalties if any worker needed government subsidies to buy coverage on their own, according to Democratic officials familiar with talks on the bill.

Bombings target government in Baghdad, 147 killed - Yahoo! News

Bombings target government in Baghdad, 147 killed - Yahoo! News

A pair of suicide car bombings Sunday devastated the heart of Iraq's capital, killing at least 147 people in the country's deadliest attack in more than two years. The bombs targeted two government buildings and called into question Iraq's ability to protect its people as U.S. forces withdraw.

Saturday, October 24, 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.
Perino says it "feels un-American" for White House to criticize a news outlet, but as Bush's press secretary she blasted NBC
Former White House press secretary and current Fox News contributor Dana Perino has recently contrasted the Obama administration's criticism of Fox News with the Bush administration's treatment of MSNBC, saying, "I could have taken that tack, but I thought it was not the right thing to do and I think it's mostly because it's really unproductive, it feels un-American, and it's not inspiring." However, Perino did criticize NBC, MSNBC's parent network, during her time as press secretary, asserting that NBC had "intentionally" mischaracterized remarks made by President Bush. Read More
Remembering Nixon
The first year of Barack Obama's presidency has seen some absurd media memes, from nonexistent "death panels" to crazy birtherism. But for overall ahistorical (not to mention hysterical) audacity, it's tough to beat the past week's overheated comparisons of Barack Obama to Richard Nixon. Read More
Conservative media misrepresent 30K stimulus job count
Following the release of preliminary data from Recovery.gov indicating that around 30,000 jobs have been created or saved through federal stimulus contracts thus far, numerous conservative media figures have distorted the report to claim or suggest that the 30,000 figure represents the sum total of jobs created by the stimulus program to date. In fact, the 30,000 figure represents only the number of jobs created through federal contracts that have been awarded with stimulus funds, which is a small fraction of the total stimulus spending, and does not represent the total job impact of the $173 billion of stimulus funds that have been spent by the government thus far. Read More
Right-wing smear machine falls for fake Obama quote labeled as "satire"
Right-wing media figures trumpeted a blogger's fake report that in a college thesis -- which the post's author claimed was obtained by Time's Joe Klein -- President Obama attacked the Founders and the Constitution. Lou Dobbs ran with the claim even after Klein had denied the story, Michael Ledeen had apologized for having repeated it, and Rush Limbaugh had acknowledged that it might not be accurate. Read More
The Friday Rush: His dream deferred, Limbaugh takes a takes a backseat to Glenn Beck
Maybe Rush Limbaugh is still torn up over the whole St. Louis Rams debacle. Imagine: A man's boyhood dream of acquiring a small nation's worth of wealth by bloviating for 15 hours a week on the radio, and then using this fortune to be a co-owner of the worst team in the NFL, was utterly crushed. Rush learned the hard way (though it's admittedly a stretch to assume he "learned" anything from this experience at all) that 20-plus years of nationally syndicated half-truths, no-truths, and obscene smears drenched in race-baiting are sometimes frowned upon when you try to cross over to the mainstream. Read More
In latest bigoted smear, Fox leads right-wing media assault on Jennings' involvement with anti-AIDS group
Advancing the newest ludicrous and bigoted attack in a long series of failed efforts by conservatives to smear Education Department official Kevin Jennings and force his firing, Fox News' Sean Hannity and the Washington Times editorial board have insisted that Jennings' past involvement with the AIDS Coalition to Unleash Power (ACT UP) somehow disqualifies him from serving in the Obama administration. But such arguments are absurd, given that ACT UP, an anti-AIDS activist organization, has been credited with both creating awareness of the AIDS epidemic in America and facilitating more effective treatment of the disease. Read More
You can help support our work; become a volunteer media monitor, or donate to Media Matters for America.
 

Friday, October 23, 2009

Crain's Daily News Alert prepared for Top Executives




 

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CHICAGOBUSINESS

— POWERED BY CRAIN'S —

Daily Business Briefing

CRAIN'S LISTS SEND LETTERS TO THE EDITOR MULTIMEDIA COMMERCIAL PROPERTY SEARCH

TOP HEADLINES Friday, October 23, 2009

· Video: Block 37's future

· City home sales rise for first time since 2006

· Cubs days away from changing hands

· Metra still seeing delays from derailment

· Lincoln Park's Urban Fresh to close

· Exelon trims forecast as revenues slide

· Fortune Brands tops profit expectations

· Navistar prices $1.5B debt offering

· In brief: Daley budget | Move in W. suburbs | Wrigley project

· 10 things to do this weekend 

CRAIN'S BLOGS

· Hefner, Marovitz stay on scene with friends: Taking Names

· Small accounting firms holding up in downturn; CIT, Goldman near deal; next big biofuel bet: Enterprise City

· TIF program suffers self-inflicted media hit; U.S. ought to bypass Olympics bids, Daley suggests: Greg Hinz

· Trib retools sports section; winners and losers: Biz of Sports 

At 2:30

Dow Jones

9,960.77

-120.54

-1.20%

NASDAQ

2,154.91

-10.38

-0.48%

Crain's Index

83.98

-1.030

-1.212%

» View Other Top Headlines

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OTHER HEADLINES

· Tax credit lifts U.S. home sales to two-year high New York Times

· Garrard McClendon says he forgives parents' killers Chicago Sun-Times

· Frustration looms as H1N1 vaccines run out CNN

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

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TODAY'S FEATURES

Special Feature

Chicago Business Today — Oct. 23

A foreclosure lawsuit against Block 37's developer clouds the future of the Loop project. Is the mall likely to open next month as planned? Read More


· Accounting's day of reckoning

· Enterprise City — a small-business blog

· Check, Please! visits La Scarola

· Society: Chicago Public Library Foundation

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Top Stories

Friday, October 23, 2009


Friends: Quarrel may have led to shooting | VIDEO
A Chicago high school is mourning a student who was shot to death while walking home from school Thursday.

City officials detail H1N1 vaccine plans | VIDEO
The Centers for Disease Control and Prevention says 95 children have died from H1N1 flu across the country since April.

Delays on Metra Southwest Line continue
Metra crews were checking tracks after a derailment in the South Loop, hoping to resume normal service by this afternoon.

A year of tragedy and triumph for Jennifer Hudson
In the year since three members of her family were killed in Chicago, Grammy and Oscar winner Jennifer Hudson has found ways to heal and start a new life.

Midnight Circus kicks off Chicagoween
No city celebrates Halloween quite like Chicago.

MORE STORIES

Strange

Norwegian teen takes Monopoly world title

Bar patrons almost hit by own car

Man drives 80 miles to give explosives to cops

Man robs Mich. bank, then turns himself in

Airline crew overshot Minn. airport by 150 miles

Consumer

TechSmart: Windows 7

Wal-Mart cuts prices

Tasty High-Fiber Cereals

Get the FREE ABC7 iPhone App | VIDEO

Sam's Club to expand product line

Healthbeat

High protein diet may increase Alzheimer's risk

Terry Mason discusses Chicago's vaccine clinics

Healthbeat Report: Bacteria & Breast Cancer | VIDEO

Exercise may make you smarter

CDC: 1 in 5 kids had flu-like illness this month

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Pilots should have seen warning signs Two Northwest Airlines pilots who overshot their destination by 150 miles before turning back should have had numerous warnings as they approached and passed Minneapolis: cockpit displays, controllers trying repeatedly to reach, the city lights twinkling below.


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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.
Fox News paints White House criticism of Fox as diversion to distract from health care reform debate
Fox News hosts and contributors are now asserting that the White House's criticism of Fox News is a diversion or a trick to direct attention away from the administration's policies, particularly health care reform. Glenn Beck has referred to the criticism as a "gold coin" used in a magic trick, while Newt Gingrich claimed the White House is trying to keep the media "focused on trivia." Read More
Rove obscures Wash. Post/ABC News poll question on public option to suggest "the wording of the question" skewed results
On Fox News' Hannity, Karl Rove suggested that a Washington Post/ABC News poll that showed broad support for a public option was skewed because "the wording of the question" didn't make clear that the public option would include government involvement. In fact, the Washington Post/ABC News poll question asked about support for "having the government create a new health insurance plan to compete with private health insurance plans," and its results mirrored those of other recent public opinion polls that asked about support for a government-administrated public option. Read More
Communications arm? Fox & Friends recites misleading GOP press release on stimulus
Fox & Friends hosts Brian Kilmeade, Steve Doocy, and Gretchen Carlton parroted a House Republican press release and repeated its claim that the stimulus impact is "6 million jobs shy of what the administration promised us" since the administration stated "that 3.5 million jobs would be created. And, in fact, the United States has lost 2.7 million since the stimulus plan." However, the administration estimated that by 2011 -- not September 2009, when the 2.7 million job losses since February were recorded -- 3.5 million jobs would be created or saved by the stimulus compared to the number of jobs that would have existed at the end of 2010 had the government not passed the legislation. Read More
Dick Morris celebrates opposite day, fails Depression era-World War II quiz
Appearing on The O'Reilly Factor, Fox News' Dick Morris claimed that as president, Franklin Roosevelt's "largely conservative course" helped lower unemployment, suggested that "a new depression came on the country" because Roosevelt abandoned course, and claimed that Roosevelt "was only re-elected because there was a war on." In fact, numerous economists have said that it was a retreat from progressive economic principles that led to a recession in 1937, and Morris' claim regarding Roosevelt's 1940 re-election is undermined by the fact that it occurred more than one year before the United States entered World War II. Read More
WND's new Jennings smear: He "counseled a 15-year-old to keep quiet" about relationship with older man
In recent days, the conservative website WorldNetDaily has in three separate articles falsely claimed that Education Department official Kevin Jennings "counseled a 15-year-old student to keep quiet about being seduced by an older man." In fact, the student Jennings counseled was 16 -- the legal age of consent -- and there is no evidence that Jennings told the student to "keep quiet." Read More
More Fox fabrication: falsely claims Philly ACORN video shows "unlawful actions"
Following the release of what Fox News itself called "heavily edited tape" of conservative James O'Keefe's visit to a Philadelphia ACORN office, Fox News ran captions stating, "Exposing ACORN: New Video Shows Unlawful Actions." In fact, in the heavily edited video, there is no evidence of any ACORN worker engaged in any "unlawful actions," and moreover, ACORN workers filed an incident report with Philadelphia police following O'Keefe's visit. Read More
You can help support our work; become a volunteer media monitor, or donate to Media Matters for America.
 

Thursday, October 22, 2009

Largest US sting on drug cartel arrests 300-plus - Yahoo! News

Largest US sting on drug cartel arrests 300-plus - Yahoo! News

In the largest single strike at Mexican drug operations in the U.S., authorities arrested more than 300 people in a sting that demonstrates an upstart cartel's vast reach north of the border.

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 COMMERCIAL PROPERTY SEARCH

TOP HEADLINES Thursday, October 22, 2009

· Video: Hired at home

· Former Tribune editors to supply New York Times with Chicago content

· Metro jobless rate at 10.1%

· McD's says strong September helped boost Q3 results 6%

· Caterpillar exec tapped as company's next CEO

· Metra disrupted by derailed freight train

· Developer drops plans for lifestyle center

· In brief: Law firm renewal | Rezko | Mag Mile Marriott

· 10 things to do this weekend 

CRAIN'S BLOGS

· White Sox launch new tech venture; Guillen to be part of Fox's Series coverage: Biz of Sports

· Guv wants $14B U.S. loan guarantee; Quinn makes re-election effort official: Greg Hinz

· Chicagoans spend less, save more; bakeries cook up online strategies: Enterprise City

· Luxury homebuyers still out there, according to builders: Taking Names  

Final Markets

Dow Jones

10,081.31

+131.95

+1.33%

NASDAQ

2,165.29

+14.56

+0.68%

Crain's Index

85.01

+1.060

+1.263%

» View Other Top Headlines

ADVERTISEMENT

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Put your company's name and logo on one of our Deluxe Edition guides to create a powerful marketing tool customers will reference all year long. Receive FREE imprinting with code CCH-09. Order online or call 1-800-540-9609. Click Here!

OTHER HEADLINES

· Panel votes for new agency on financial oversight New York Times

· U.S. pay czar: Goal is to get taxpayer money back MarketWatch

· Smokers help cops snuff out three criminals in South Loop Chicago Sun-Times

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

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TODAY'S FEATURES

Special Feature

Chicago Business Today — Oct. 22

This economic downturn is forcing some in the younger generation to give up on dream jobs to join their parents in small, family-owned businesses. Read More


· Accounting's day of reckoning

· Enterprise City — a small-business blog

· Check, Please! visits La Scarola

· Society: Chicago Public Library Foundation

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WBBM Newsradio 780 LISTEN LIVE: Traffic, weather and news from our news partner WBBM-AM.

Treasury: bailed-out firms to slash pay in Nov. - Yahoo! News

Treasury: bailed-out firms to slash pay in Nov. - Yahoo! News

The Treasury Department is ordering companies that received billions of dollars in government bailouts to halve total compensation for their top executives. But the big reductions will not apply to pay earned before November.

The Illinois Consumer Installment Loan Act allows entities like The Payday Loan Store of Illinois to charge any interest they want. Does this help our economy? Why is this allowed? What legislators of Illinois were involved in passing this Act? The people who are borrowing this money are the people suffering from the billions of dollars "stolen" by the people who are being bailed out.

Quinn Announces His Candidacy For Governor - WGN

Quinn Announces His Candidacy For Governor - WGN

Gov. Pat Quinn officially announced his candidacy for governor this morning at Hotel Allegro downtown.

Does Governor Quinn know about the Illinois Consumer Installment Loan Act? This Act allows an entity to charge any interest rate they want on a loan. Who is responsible for passing this Act? What government official is lining his/her pockets with "loot" gathered from this Act?

ABC7 eNews




 
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Top Stories

Thursday, October 22, 2009


Metra: 12 hours to repair tracks | VIDEO
A freight train derailment that disrupted service for many commuters on Thursday morning may tie up the evening rush as well.

City, suburbs offer free H1N1 vaccines | VIDEO
As the number of cases continues to grow, free H1N1 flu vaccines become available in the Chicago area.

Baby delivered after mom's death dies | VIDEO
A premature baby boy who was delivered by emergency C-section after his mother was killed in a crash on Wednesday has died, according to family members.

Quinn announces candidacy for full term
Illinois Gov. Pat Quinn, who succeeded ousted Gov. Rod Blagojevich in January, has formally declared his run for a full term.

New burgers fuel McDonald's profit climb 6 pct
McDonald's Corp.'s profit climbed almost 6 percent in the third quarter, as U.S. customers gobbled up its newest, more expensive Angus burger, the world's largest burger chain said Thursday.

MORE STORIES

Strange

Man robs Mich. bank, then turns himself in

Funeral home offers electronic billboard obits

Indiana state trooper 1 of 3 held in Mich. robbery

Man charged with printing phony $50s to pay dancer

Gunman prays with clerk before finishing robbery

Consumer

New burgers fuel McDonald's profit climb 6 pct

Hazelnut spread recalled over undeclared peanuts

Google to unveil music page

Barnes & Noble introduces e-book reader

Baby food recalled, may be tainted with botulism

Healthbeat

Breast cancer screening being reconsidered | VIDEO

White wine may be bad for teeth

Stopping the sweating

Safety board issues wake-up call on sleep disorder

Panel backs vaccine as cervical cancer alternative

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I-Team Report: Mystery in the Rectory A Chicago pastor was found in his Southwest Side home, stabbed more than twenty times and it was ruled a suicide.


Cutbacks may send some to nursing homes State cuts on services mean people with disabilities are being reevaluated on how much help they need from personal assistants who help them live independently.



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Primate fossil called only a distant relative - Yahoo! News

Primate fossil called only a distant relative - Yahoo! News

Remember Ida, the fossil discovery announced last May with its own book and TV documentary? A publicity blitz called it "the link" that would reveal the earliest evolutionary roots of monkeys, apes and humans. Experts protested that Ida wasn't even a close relative. And now a new analysis supports their reaction.

In fact, Ida is as far removed from the monkey-ape-human ancestry as a primate could be, says Erik Seiffert of Stony Brook University in New York.

BROWN ARRESTS TWO INDIVIDUALS FOR $678,000 MEDICARE RIP-OFF | North America > United States from AllBusiness.com

BROWN ARRESTS TWO INDIVIDUALS FOR $678,000 MEDICARE RIP-OFF | North America > United States from AllBusiness.com

Attorney General Edmund G. Brown Jr. announced that agents from his office late last night arrested two individuals who bilked Medicare out of $678,000 by submitting phony bills for walkers, wheelchairs...

BROWN ARRESTS TWO INDIVIDUALS FOR $678,000 MEDICARE RIP-OFF | North America > United States from AllBusiness.com

BROWN ARRESTS TWO INDIVIDUALS FOR $678,000 MEDICARE RIP-OFF | North America > United States from AllBusiness.com

Attorney General Edmund G. Brown Jr. announced that agents from his office late last night arrested two individuals who bilked Medicare out of $678,000 by submitting phony bills for walkers, wheelchairs...

FBI: Mobster 'more powerful than a John Gotti' - CNN.com

FBI: Mobster 'more powerful than a John Gotti' - CNN.com

Semion Mogilevich may be the most powerful man you've never heard of. The FBI says Mogilevich, a Russian mobster, has been involved in arms trafficking, prostitution, extortion and murder for hire.

Lawsuit: Madoff's workplace was rife with cocaine, sex - CNN.com

Lawsuit: Madoff's workplace was rife with cocaine, sex - CNN.com

A new lawsuit alleges that convicted swindler Bernie Madoff financed a cocaine-fueled work environment and a "culture of sexual deviance," and he diverted money to his London, England, office when he believed federal authorities were closing in at home.

Legal News - Crime, Courts, Celebrity Docket, and Law News from CNN.com

Legal News - Crime, Courts, Celebrity Docket, and Law News from CNN.com

The body found in a landfill has been identified as that of Somer Thompson, 7, who had been missing since Monday. The landfill is near Folkston, Georgia, 55 miles north of where Orange Park, Florida, where Somer became separated from her friends on the way home from school

TARP head confirms substantial pay cuts looming - Yahoo! News

TARP head confirms substantial pay cuts looming - Yahoo! News

The chairman of the panel that oversees the $700 billion federal bailout fund said Thursday the Obama administration is insisting on slashing the salaries of executives of companies that took money from the government.