Morning 10: Moving on up | A Groupon Christmas? | Tears and jeers

Wednesday, November 16, 2011 By: Jim Kirk 1. Big test for downtown high-rise market Chicago Real Estate Daily reports that two apartment developers have scored financing for high-rises in Streeterville and River North, adding roughly 775 more units that will test the downtown rental market. Read more --Lawson Products moving headquarters from suburbs to Chicago. Read more 2. Looking for that special Christmas gift? How special would you feel if someone gave you a gift using a Groupon? Well, get used to it. A new report states that 55% of shoppers plan to buy gifts through a group-buying site like Groupon. Read more in Brigid Sweeney's retail blog 3. Ultimate restaurant report card is out Alinea kept its three stars while L20 dropped two notches to one star in the latest Michelin Guide rankings of Chicago restaurants. The red-jacketed guide, considered by many to be the definitive book on dining, issued reviews on hundreds of local restaurants. Twenty-one restaurants showed up on the list, down from 23 last year. Read the story from Crain's -- Cheers, tears and jeers for winners. Read the story from Crain's 4. Berrios takes aim Cook County Assessor Joseph Berrios is jumping into a hot issue: the tax-exempt controversy surrounding non-profit hospitals. Chicago Healthcare Daily reported that Mr. Berrios is moving to tax Northwestern Memorial's Prentice Women's Hospital. That could mean a whopping $66-million tax bill for the past four years.Read the story from Chicago Healthcare Daily 5. Civic Committee's civil pension tactics Turned back in its efforts in Springfield to rein in pensions for public employees, the Civic Committee is poised to try some "quiet diplomacy,'' according to Ty Fahner, president of the business group. The committee will wait until next spring for another vote on pensions, Greg Hinz reports, and Mr. Fahner will spend the time trying to convince labor that reform helps everyone. Read the story from Crain's 6. No second looks? New Cubs General Manager Jed Hoyer on screening managers: "We're not going to do second interviews.'' Still, the Cubs are talking to Brewers coach Dale Sveum for a second time because he's in Milwaukee, where the general managers are meeting. Uh-huh. Read the story from the Chicago Tribune --Duke coach and Chicago native Mike Krzyzewski sets coaching record. Read the New York Times story 7. Now we know why buses use the emergency lane The northbound lanes of the Stevenson Expressway are among the worst in terms of commuting, the Sun-Times says a new study shows. Read the story here --Mapping the worst commutes. See it here 8. CTA budget filled with promises No fare hikes, no service cuts in CTA's approved $1.24-billion budget.Read the story from the Chicago Tribune 9. A Daley to wed...this week Wedding bells will ring Thursday for Lally Daley, 28, daughter of former Mayor Richard M. Daley and wife Maggie Daley. The wedding was moved up to this Thursday, Shia Kapos reports. Read more in her blog 10. Investigate 'em Robert Feder reports that WMAQ-Channel 5 is beefing up its investigative ranks, part of a plan to restore its renowned Unit 5 team under a mandate from new owner Comcast to expand local news. Katy Smyser returns to the station as one of two investigative producers. More from Feder's blog here Jim Kirk is chief of editorial operations for Crain's Chicago Business. You can reach him at jkirk@crain.com and follow him on Twitter: @kirkjim12. CRAIN'S BLOGGERS: THE BEST IN CHICAGO Greg Hinz on Politics Chicago Latinos pay more in taxes than they get from government, study finds Shia Kapos Takes Names Lally Daley, former mayor's youngest daughter, to marry Ann Dwyer on Entrepreneurs New in Chicago: Highballs, pastry classes and more Brigid Sweeney on Retail Shoppers buying more Groupons as gifts: report Ed Sherman on Sports There's still hope for an NBA season — really SHARE THE MORNING10 Have colleagues who could learn a thing or two from the MORNING10? Send it to them. GET THE MORNING10 Want the MORNING10 sent to your inbox every Monday through Friday? Well, sign up! GET CRAIN'S DAILY ALERT Learn what has happened each day while you were in all those meetings. Get the Crain's Daily Alert, which is sent every Monday through Friday around 3 p.m. LINKS JUST FOR YOU Crain's Web Site Crain's Weekly Issue Crain's Daily Headlines Crain's Video Headlines Crain's Small Business Chicago Real Estate Daily Chicago HealthCare Daily Crain's Lists Crain's 40 Under 40 Crain's Dining Guide Crain's Fast 50 Crain's Who's Who Crain's Best Places to Work Crain's Market Facts E-MAIL PREFERENCES SUBSCRIBE CONTACT THE EDITOR ADVERTISE WITH US COPYRIGHT © 2011 CRAIN'S CHICAGO BUSINESS 360 N. MICHIGAN AVE. CHICAGO, IL 60601

Wednesday's Daily Brief

Wednesday, November 16, 2011 Re-Occupied: Demonstrators Stream Back Into Zuccotti Park DC White House Window Reportedly Hit By Bullet MEDIA WATCH: Bob Costas Speaks Out About Jerry Sandusky Interview TECHNOLOGY Facebook Hit By Massive Spam Attack EDUCATION Congress Fights To Save School Pizza And Fries POLITICS Gabrielle Giffords' Husband Knocks John Boehner BLOG POSTS Alec Baldwin: What Occupy Wall Street Has Taught Me Occupy Wall Street people understand that not only are more difficult times possibly around the corner, they know that the current government will likely do as it has historically done, which is to protect the rich and powerful at the expense of the long term interests of the middle class. Some financially successful people continually remind us all that capitalism is a contest, with winners and losers. And the winners want to enjoy their success and they want the losers to keep it down. The noise of the vanquished is spoiling the victors' fun. But what if unemployment were to rise, say, to 20 percent? There won't be enough cops anywhere in this country to rip down all the tents that are going to pop up in places you never imagined if we hit that figure. Jessica Alba: America's Moms Are Watching U.S. Senate: Pass the Safe Chemicals Act! Every kid has the right to be safe in her home. Every mom has the right to know that the products she buys for her child are free of toxic chemicals. We have hope and faith in our political system to fix this problem, and we are counting on our U.S. Senators to get it done. Richard Trumka: The Lessons of Ohio "Remember Ohio." Those two words should carry new meaning to politicians in Congress and state houses who think they can respond to unemployment, budget crises and voter anger with faux solutions that scapegoat those hit hardest by the current economy. Rick Schwartz: An Insider's Guide to Movie Credits Credits. Everyone sees them on posters, in advertisements and on screen, but nobody is quite sure what they mean. As a producer, it's the question I get asked more frequently than any other -- especially by my mother: Who are all those people, and what do they do? Davis Guggenheim: An Easy Way to Help Our Teachers and Our Kids x 2 For a lot of us, the crisis in our nation's schools feels overwhelming and the problems too big for any one person to make a difference. But the other night it didn't feel that way. Here's why.

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Wednesday, November 16, 2011

Police: Teacher, 75, fondled self in class | VIDEO Bond was set at $400,000 Wednesday for a northwest suburban Schaumburg high school math teacher accused of lewd behavior inside his classroom while students were present. City council to vote on Emanuel's budget | VIDEO The Chicago City Council is expected to vote on Mayor Rahm Emanuel's first budget Wednesday, one day after protesters gathered outside his office. River dyed red in battle against Asian carp | VIDEO Parts of the Des Plaines River have turned red. 2 officers, 3 others hurt in Roseland crash | VIDEO Two Chicago police officers were hurt along with three others in a squad car crash on the city's Far South Side. South Side blaze injures firefighter | VIDEO A Chicago firefighter is recovering from minor injuries after a fire in a South Side building. 7 overcome by CO fumes on NW Side Seven people are recovering after being overcome by carbon monoxide at a home on Chicago's Northwest Side Tuesday night. MORE STORIES Strange News Red alert: Shatner warns of flaming turkey fryers More cats than inmates at Fla. prison set to close Teen rescued after 10 hours in chimney of Ga. home Maine couple, ages 88 and 87, get married Study: 1 in 10 women can't keep secrets Consumer CooperVision Avaira contact lens recall Alinea earns 3 stars from Michelin Survey: ACE Rent A Car tops list for customer satisfaction Toys R Us to open Thanksgiving night Deal results in dozens of Pizza Hut jobs in Chicago area Healthbeat Death By Desk -- Is Your Job Killing You? Study: Video-game playing teens' brains similar to those of addicts FDA approves first drug for bone marrow disorder Blood type may affect stroke risk, study finds Drug boosts 'good' cholesterol in mid-stage trial MOST POPULAR Daley daughter gets engaged, moves up wedding Police: Teacher, 75, fondled self in class TSA officer fired over Facebook posts Teacher suspended for showing 'The Daily Show' 8-room Oprah condo for rent All Most Popular

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