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Monday, January 12, 2009



CHICAGOBUSINESS

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Daily Business Briefing

CRAIN'S LISTS SEND LETTERS TO THE EDITOR MULTIMEDIA WEEKLY JOB CHANGES

TOP HEADLINES Monday, January 12, 2009

· Senate expects to seat Burris later this week

· Abbott strikes $2.8-billion deal for eye-care specialist

· TIF sought to develop Olympic Village

· Resurrection settles suit with uninsured patients

· First Industrial Realty names new CEO

· Dow closes down 125 points

· Navigant buys Boston-based consulting firm

· Navistar unit lands $231M contract

· Merisant gets $20M in DIP financing

· Lincolnwood's Purple Hotel back on the market

· Construction starts to plunge 39% in 2009

· Boeing to face tough battle in '09: analysts 

· Dems, GOP each dealing with party battles: Greg Hinz blog

· First impressions on the new North-Jiggetts show: Biz of Sports blog 

Final Markets

Dow Jones

8,474.05

-125.13

-1.46%

NASDAQ

1,538.79

-32.80

-2.09%

Crain's Index

66.29

-1.52

-2.24

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Crain's Blogs. Now You're Talking. Introducing three blogs sure to peak 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.

OTHER HEADLINES

· Taxpayers to pay for Republic Doors failure Sun-Times

· NYC judge allows Madoff to remain free Crain's New York

· At Obama's urging, Bush to seek rest of bailout funds New York Times

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TODAY'S FEATURES

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Chicago Business Today - Jan. 12

Abbott Labs buys eye-care company in multi-billion dollar deal. University of Chicago Medical Center plans layoffs. Gas prices jump - again. Plus: We sit down with Mike North to talk about the next step in his career. Read More


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CHICAGOBUSINESS


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Weekly Business Briefing


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TOP HEADLINES Monday, January 12, 2009


· Pump pain, part two


· Allstate ready for price fight


· Strip-mall owner faces reckoning


· Obama's tax plan has appeal


· Mike North's new direction




FOCUS


I resolve to . . .


It's a new year, and conditions are certainly different than they were 12 months ago. We asked local entrepreneurs to share the resolutions they're making to survive in '09, and gathered expert advice for each.




THE BUSINESS OF LIFE


VIPs? Not so much


For friends and associates of Barack Obama, fond dreams of attending glamorous balls and dancing with the president and first lady will run up against the reality of inaugural festivities.


EDITORIAL INDEX


for January 12, 2009 (Significant References only)


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Crain's Blogs. Now You're Talking. Introducing three blogs sure to peak 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.

THIS WEEK'S NEWS


Pols lag people


Ask any African-American teenager what kind of experience he's had with white Chicago cops, or any white woman what ...


License to pill


SXC Health Solutions Corp.'s expansion into pharmacy-benefits management puts it on a collision course with some big ...


Soldiering on, so our readers can, too


Among the many unpleasant side effects of hard times is the bewilderment that comes when an avalanche of bad news ...


Letters to the editor


What business would invest in a legal 'hellhole'? "Illinois economy: 'Doomsday' is here" (Dec. 15) details how ...






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Friday, January 09, 2009

Chicago Business News, Analysis & Articles | Illinois House impeaches Blagojevich | Crain's

Chicago Business News, Analysis & Articles Illinois House impeaches Blagojevich Crain's

The committee on Thursday unanimously recommended impeachment based on the criminal charges but other allegations as well — that Blagojevich expanded a health care program without proper authority, that he circumvented hiring laws to give jobs to political allies, that he spent millions of dollars on foreign flu vaccine that he knew wasn't needed and couldn't be brought into the country.

Supreme Court cannot legislate from the bench.

U.S. Sen. Dick Durbin says Roland Burris won't be accepted as President-elect Barack Obama's replacement in Senate without the Illinois secretary of state's signature. Durbin said Friday the Senate "must insist" on its rule requiring Illinois Secretary of State Jesse White to sign the appointment documents submitted by Gov. Rod Blagojevich. White is refusing to sign because of the federal corruption charges against Blagojevich that include allegations he tried to sell or trade the seat for personal or political favors. Blagojevich was impeached Friday morning. Durbin says if White doesn't change his mind about signing, the Senate will wait to see if Blagojevich is removed from office after his impeachment trial. That would allow his replacement to make a new Senate appointment.


CHICAGOBUSINESS

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Daily Business Briefing

CRAIN'S LISTS SEND LETTERS TO THE EDITOR MULTIMEDIA WEEKLY JOB CHANGES

TOP HEADLINES Friday, January 9, 2009

· Illinois House impeaches Blagojevich

· Supreme Court clears way for Sen. Burris

· Boeing cutting 7% of plane workers

· Equal parent files Chapter 11

· Bank with Blago ties reprimanded by feds

· King Harris snared by Madoff scheme

· RR Donnelley lowers '08 earnings outlook

· Will County joins fight against CN rail deal

· Gallagher settles suit with rival firm

· Kimco Corp. bought by Levy Restaurants' parent

· Stocks weaken after jobs report

· 10 things to do this weekend 

· Right action, wrong reason, in dumping Blago: Greg Hinz blog

· Jones Day sues Blockshopper: Taking Names blog

· North and Jiggetts speak, Fox beaten by BCS: Biz of Sports blog 

As of 1:30 p.m. Chicago time

Dow Jones

8,655.01

-87.45

-1.00%

NASDAQ

1,586.32

-30.69

-1.90%

Crain's Index

68.54

-1.28

-1.83

» View Other Top Headlines

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OTHER HEADLINES

· Appeals court stops O'Hare bulldozers in Bensenville Daily Herald

· Unemployment hits 16-year high Chicago Sun-Times

· Snowstorm snarls traffic, 200 flights canceled CBS2

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

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TODAY'S FEATURES

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Chicago Business Today - Jan. 9

Unemployment reaches 15-year high. One of Bernie Madoff's hardest-hit victims hires a Chicago lawyer. Sun Times Media Group to shut down some suburban papers. Plus: A conversation on the housing crisis with economist and author Robert Shiller.Read More


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CNN Live January 9, 2009

Illinois House impeaches Gov. Rod Blagojevich - Yahoo! News

Illinois House impeaches Gov. Rod Blagojevich - Yahoo! News

Chicago Business News, Analysis & Articles | Illinois House begins impeachment debate | Crain's

Chicago Business News, Analysis & Articles Illinois House begins impeachment debate Crain's

Illinois House of Representatives votes 114 to 1 to impeach Governor Blagojevich

Total 2008 job loss: 2.6 million - Jan. 9, 2009

Total 2008 job loss: 2.6 million - Jan. 9, 2009

I have been reporting on my blogs the antics of political corruption and criminal acts of Governor Blagojevich. I have just received information from an employer who I contract with providing services to The Department of Children and Family Services (DCFS) that my services have been terminated by DCFS in Springfield, Illinois our State capitol. I believe I have been terminated as an act of retaliation because I have been reporting these stories. I am going to appeal this decision made in Springfield, Illinois. I will write an essay on this issue, disclosing all names from DCFS who have been involved with this issue, and post the essay on my blogs. This is class discrimination, disparate and indifferent treatment.

House panel unanimously approves report accusing Gov. Rod Blagojevich of wide range of offenses

House panel unanimously approves report accusing Gov. Rod Blagojevich of wide range of offenses -- chicagotribune.com

Thursday, January 08, 2009

Chicago Business News, Analysis & Articles | Panel says: Impeach guv. | Crain's

Chicago Business News, Analysis & Articles Panel says: Impeach guv. Crain's

I have been reporting on my blogs the antics of political corruption and criminal acts of Governor Blagojevich. I have just received information from an employer who I contract with providing services to The Department of Children and Family Services (DCFS) that my services have been terminated by DCFS in Springfield, Illinois our State capitol. I believe I have been terminated as an act of retaliation because I have been reporting these stories. I am going to appeal this decision made in Springfield, Illinois. I will write an essay on this issue, disclosing all names from DCFS who have been involved with this issue, and post the essay on my blogs.


CHICAGOBUSINESS

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Daily Business Briefing

CRAIN'S LISTS SEND LETTERS TO THE EDITOR MULTIMEDIA WEEKLY JOB CHANGES

TOP HEADLINES Thursday, January 8, 2009

· Illinois House panel recommends impeachment vote

· Sun-Times Media closing a dozen suburban papers

· Madoff victim has Chicago attorney

· Walgreen to cut 1,000 management jobs

· Sears' shares rise on outlook

· Citadel's flagship fund lost half its value: report

· Boeing's plane sales plunged in '08

· Aon unit fined $8M for lax oversight

· Thinkorswim sold to Ameritrade for $606M

· REIT sells South Elgin retail center at discount

· In brief: Michigan Plaza | Prime Group | Aurora lease

· 10 things to do this weekend 

· Some things Burris ought to be asked by impeachment panel: Hinz blog

· Big stars skip PGA Tour opener, big guests on morning show debut: Biz of Sports blog 

Final Markets

Dow Jones

8,742.46

-27.24

-0.31%

NASDAQ

1,617.01

+17.95

+1.12%

Crain's Index

69.82

+0.330

+0.475%

» View Other Top Headlines

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Crain's Blogs. Now You're Talking. Introducing three blogs sure to peak 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.

OTHER HEADLINES

· White powder in letter sent to Rep. Bobby Rush Chicago Sun-Times

· Obama team seeks delay in digital TV transition CBS 2 Chicago

· Madoff had $173M ready for family, friends Crain's New York

· Holiday sales were dismal, data shows New York Times

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

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TODAY'S FEATURES

Special Feature

Chicago Business Today - Jan. 8

Walgreen announces biggest-ever management job cuts. The number of Illinois companies warning of big layoffs jumps. Sears posts another drop in monthly sales, but issues upbeat earnings forecast. Plus: The city of Chicago loses out on $153 million in federal transportation funds — for now. We'll tell you what happened.Read More


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Wednesday, January 07, 2009

Burris Donated Thousands to Blagojevich; Won Illinois Contracts

Newsmax.com - Burris Donated Thousands to Blagojevich; Won Contracts

Chicago Business News, Analysis & Articles | Race not relevant in Burris debate: Rev. Jackson | Crain's

Chicago Business News, Analysis & Articles Race not relevant in Burris debate: Rev. Jackson Crain's

Chicago Business News, Analysis & Articles | Burris expects to join Senate ‘very shortly’ | Crain's

Chicago Business News, Analysis & Articles Burris expects to join Senate ‘very shortly’ Crain's


CHICAGOBUSINESS

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Daily Business Briefing

CRAIN'S LISTS SEND LETTERS TO THE EDITOR MULTIMEDIA WEEKLY JOB CHANGES

TOP HEADLINES Wednesday, January 7, 2009

· Leaders soften stance on Burris Senate appointment

· Snafu loses Chicago $135M grant

· Suburban men arrested for business fraud

· Race not relevant in Burris debate: Rev. Jackson

· Exelon extends NRG takeover offer

· Conrad Chicago on the block

· Boeing's '08 deliveries to be lower: analysts

· City in deal on O'Hare cargo project

· Boeing to pay $631M in court-ordered damages

· Durbin, delegation attempt to revive FutureGen

· Orbitz names new CEO, examines costs

· Suburban private-equity firm moving to 300 N. LaSalle 

· Senate cave-in fitting end to ugly Burris saga; Blago-Burris tie through first lady's job: Hinz blog

· More on Mariotti, New Trier grad could be new Cubs owner: Biz of Sports blog

· Cha Cha Slide hitmaker files suit: Taking Names blog 

Final Markets

Dow Jones

8,769.70

-245.40

-2.72%

NASDAQ

1,599.06

-53.32

-3.23%

Crain's Index

69.49

-2.070

-2.893%

» View Other Top Headlines

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Crain's Blogs. Now You're Talking. Introducing three blogs sure to peak 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.

OTHER HEADLINES

· Record deficit forecast as Obama weighs alternatives New York Times

· Madoff should be jailed: prosecutor CNN

· Joe the Plumber to be war correspondent Chicago Sun-Times

· Porn industry seeks federal bailout CNN

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

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TODAY'S FEATURES

Special Feature

Check, Please! visits Socca

Christopher McGauran usually eats dinner in one place and then leaves for drinks in another. But when he goes to this unpretentious Lakeview spot, he stays put.Read More


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