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Tuesday, May 12, 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 Tuesday, May 12, 2009

· IRS audits Tribune Co.'s ESOP

· Loyola hospitals cutting jobs, again

· Tollway first to issue Build America Bonds

· Drinker cuts starting pay

· Playboy closing in CEO replacement

· New convention campaign urges local firms to stay close to home

· Quinn appoints Ald. Ocasio as adviser

· Baxter, FDA investigating heparin deaths

· Boeing moves missile-defense HQ to Alabama

· New York venture buys suburban bank branch

· Grainger sees lower demand, April sales

· In brief: General Growth | PNC | Inland offering 

· Dart, Stroger, Quinn & Madigan's latest moves: Hinz blog

· Dia Weil draws a crowd: Taking Names blog

· Manny's contract; an unlikely All-Star: Biz of Sports blog 

Final Markets

Dow Jones

8,469.11

+50.34

+0.60%

NASDAQ

1,715.92

-15.32

-0.88%

Crain's Index

68.59

-0.09

-0.13%

» View Other Top Headlines

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OTHER HEADLINES

· 5 men convicted in Sears Tower plot Daily Herald

· Olympics waiver allows transparency: Jarrett ABC 7

· Chrysler dealers fearing loss of franchise prepare to fight Automotive News

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TODAY'S FEATURES

Special Feature

Check, Please! De Cero – Italian food at its best

Tiffani Kim Griffith, founder of the Tiffani Kim Institute, is in the health and wellness business. So when she takes clients to lunch it has to be fresh. And she likes to eat—so it has to be good. Her favorite business-dining spot is Coco Pazzo. Read More


· Chicago Business Today - May 12

· Social Whirl: Art Institute of Chicago

· VIDEOS: Women to Watch 2009

· 40 Under 40 for 2009: Call for nominations

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Top Stories

Tuesday, May 12, 2009


Stroger defends tax rollback veto | VIDEO
One day after using his veto power to prevent a repeal of the county sales tax, board president Todd Stroger says one of the county-run hospitals will have to close if commissioners vote to override his veto.

Class canceled again after 2nd incident | VIDEO
Classes have been canceled at both the central and east high school campuses in Lockport after a threat was phoned in.

Blackhawks 8 wins away from Stanley Cup
The hats came flying out of the seats and littered the ice at the United Center. The roar of the crowd was so loud that Chicago coach Joel Quenneville had trouble calling out line changes.

Battle over Children's Museum move in court
The fight over the Children's Museum's move to Grant Park is now in a Cook County courtroom.

Meteorite that damaged home to be sold
A 5-pound meteorite piece that crashed into a suburban Chicago home in 2003 is going up for auction.

MORE STORIES

Strange

Meteorite that damaged home to be sold

Rich man fined $109K for drunk driving

Postal worker accused of stealing, selling stamps

Book returned to library, 31 years late

Hot dog! Dog statues stolen from art exhibit

Consumer

Aldermen urge ban of chemical

Cost of coffee surging

American to let customers use miles on 1-way trips

CTA expands Bus Tracker

Suburban homeowners may see property tax cut | VIDEO

Healthbeat

Fish, nuts good for eyes

Women more likely to suffer major depression

Group warns of risks from overly-salty meals

Low folate levels may boost allergy, asthma risk

Cane Fu Fighting

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Why the Pentagon Axed Its Afghan Warlord

Why the Pentagon Axed Its Afghan Warlord: "Public beheadings in Afghanistan are usually associated with the Taliban, but on Monday it was Defense Secretary Robert Gates metaphorically wielding the axe from the Pentagon platform. Gates announced that he had asked for and requested the resignation of his top commander in Afghanistan, Army General David McKiernan, after only 11 months in that theater. The 37-year veteran will be replaced by Army Lieutenant General Stanley McChrystal. Army Lieutenant General David Rodriguez, the Defense Secretary's own top military aide, is to serve in a newly created post as McChrystal's deputy."

US files murder charges in Iraq soldier shooting

US files murder charges in Iraq soldier shooting: "An Army sergeant who was due to leave Iraq soon after multiple tours has been charged with murder and aggravated assault in the fatal shooting of five fellow soldiers at a military counseling clinic in Baghdad, a U.S. official said Tuesday."

O'Reilly's Ark: Gay marriage could lead to goat, duck, dolphin, and turtle marriage | Media Matters for America

O'Reilly's Ark: Gay marriage could lead to goat, duck, dolphin, and turtle marriage Media Matters for America: "Bill O'Reilly again theorized that the legalization of gay marriage could lead to interspecies marriages, stating to Margaret Hoover, '[Y]ou would let everybody get married who want to get married. You want to marry a turtle, you can.' O'Reilly has previously suggested that gay marriage could ultimately allow for a person to marry a goat, duck, or dolphin."

U.S. stimulus to save 3.5 million jobs by end 2010: official

U.S. stimulus to save 3.5 million jobs by end 2010: official: "The Obama administration's fiscal stimulus plan will meet previous estimates to save 3.5 million U.S. jobs by the end of 2010, but the unemployment rate at that time may be higher due to further deterioration in the economy, a senior administration official said on Monday."

Ore. babies switched at birth meet 56 years later

Ore. babies switched at birth meet 56 years later: "On a spring day in 1953, two babies were born at Pioneer Memorial Hospital in the Eastern Oregon town of Heppner — DeeAnn Angell of Fossil and Kay Rene Reed of Condon. The girls would grow up, get married, have kids of their own and become grandparents. Then, last summer, Kay Rene's brother, Bobby Reed, got a call from an 86-year-old woman who had known his mother and had also lived next door to the Angell family in Fossil."