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 Monday, June 16, 2008 • chicagotribune.com business newsletter
By Margaret O'Brien, BizWrap columnist

CLOSING BELL
DJIA 12,269.08 -38.37 | NSD 2,474.78 +20.28 | S&P 1,360.14 +0.11

Oil leads topsy-turvey day.
Stocks spent much of the session mostly lower after a fresh record for crude oil and a decline in regional manufacturing activity, but buyers turned out for an afternoon retreat in crude: MORE>>

LOCAL GAINERS   |   LOCAL LOSERS   |   MOST ACTIVE


TOP BUSINESS NEWS
Justice Department OKs CME Group and Nymex merger: MORE>>

Mortgage companies are pledging to let troubled borrowers know whether they're approved for help within 45 days: MORE>>

Northwestern University is ending its longstanding academic affiliation with Evanston Northwestern Healthcare, which is likely to link with the U. of C.: MORE>>
 • AMA doctors: We don't need secret-shopper patients: MORE>>


As the American economy slowed and stockholders watched money evaporate, CEO pay rose to new heights in 2007: MORE>>
 • The highest paid CEOs of 2007: MORE>>
 • Chart of CEO pay at Chicago companies
: MORE>>


The FCX Clarity, Honda's new zero-emission, hydrogen fuel cell car, rolled off a Japanese production line and is headed to Southern California: MORE>>
 • Oil hits new record near $140 a barrel, then tumbles: MORE>>

FCC chairman backs merger of Sirius, XM Radio: MORE>>


Navistar extends engine deal with Cummins: MORE>>


Lehman Brothers reports a staggering $2.8 billion 2Q loss: MORE>>

GE stock at its lowest since 2003: MORE>>


Ross Perot and his charts are back: MORE>>

LATEST BUSINESS NEWS >> | SEND US A NEWS TIP >>


TALKING BUSINESS
"Zappos is so interested in the customer experience that they'll pay you to go away if all you care about is a quick buck," said Paula Rosenblum, managing partner at Retail Systems Research in Miami about the shoe retailer's $1,500 payment to those who want to quit during training: MORE>>


IN OTHER NEWS
All Chain O' Lakes waterways have been closed to boaters following weekend storms that caused severe flooding: MORE>>
 • Two more dead in Iowa; 500,000 sand bags for Illinois: MORE>>
 • Mississippi rising as next threat: MORE>>

CTA Bus Tracker to grow by 20 routes: MORE>>

Hourly flight caps at O'Hare will be lifted in October: MORE>>

Al Gore endorses Barack Obama: MORE>>

 • Poll: Most voters think Obama will win: MORE>>

Woman in Internet hoax blamed for a 13-year-old girl's suicide pleads not guilty: MORE>>


Gay couples wed in California, but ban looms: MORE>>
 • Science keeps trying to figure out what gay looks like: MORE>>

European Union announces new sanctions against Iran: MORE>>

Iraqi cleric Sadr's followers won't run in Iraqi elections: MORE>>

LATEST CHICAGO AND NATIONAL NEWS >>


IN THE BLOGOSPHERE
Those outsourced jobs may be imaginary says Steve Chapman. More in Minority of One: MORE>>


SPORTS FIX

Tiger Woods wins U.S. Open on 19th hole in sudden-death playoff : MORE>>
 • Ed Sherman predicted Woods romp: MORE>>

Dick Bavetta, the referee who worked one of the games Tim Donaghy alleged was rigged, officiated Game 5 of the NBA finals: MORE>>

Big Ten and Comcast network ready for a truce: MORE>>

LATEST SPORTS NEWS >>


OFF THE CLOCK
Lake County judge OKs Zion man's petition to change his name to "In God We Trust" -- last name is "We Trust" for those manning the file cabinet: MORE>>

Leona Helmsley's maltese loses $10 million: MORE>>

Rome's diocese has barred the producers of the prequel to the "The Da Vinci Code" from filming in two churches there: MORE>>


HEADED OUT?
Traffic | See current information on area highways, buses, trains and p***s on our commuting page: MORE>>

Weather |
Partly cloudy in the evening then clearing. Lows in the lower 50s. See our weather page with Tom Skilling's seven-day forecast: MORE>>


RSS US
You can subscribe to an automatic feed of the latest Chicago Tribune business headlines. View them in your RSS reader or in your browser's tool bar. It's easy, just click here: MORE>>
 

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