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Wednesday, May 13, 2009

In Bethlehem, Pope calls for Palestinian state

In Bethlehem, Pope calls for Palestinian state: "Pope Benedict XVI made a powerful plea Wednesday for a Palestinian state, mixing prayer and politics at Jesus' birthplace and expressing solidarity at a refugee camp with 'all the homeless Palestinians who long to be able to return to their birthplace.'"

Obama, Dems press unified message on health care

Obama, Dems press unified message on health care: "The White House scrambled Wednesday to get Democrats behind a unified message of affordability and choice on health legislation amid concerns that Republicans could scare the public with images of a health care system run by bureaucrats. President Barack Obama used his bully pulpit for the third straight day to reinforce his commitment to reshaping the nation's health care system to bring down costs and extend coverage to 50 million uninsured people."

Treasury wants more financial regulations

Treasury wants more financial regulations: "The Obama administration is asking Congress to extend its oversight of the financial system to include the shadowy market of derivatives, the kind of complex financial instruments that helped bring down the giant insurer AIG."

Obama reverses on releasing photos

Obama reverses on releasing photos: "In a dramatic, high-profile reversal for his young administration, President Barack Obama is seeking to block the release of 44 photographs depicting abuse of detainees in U.S. military custody in Iraq and Afghanistan."

Shanna Moakler Resigns as Miss California Pageant Director - omg! news on Yahoo!

Shanna Moakler Resigns as Miss California Pageant Director - omg! news on Yahoo!: "The day after Carrie Prejean was told she could keep her Miss California crown, Shanna Moakler has resigned, she confirms to Usmagazine.com exclusively."

Crain's Daily News Alert prepared for Top Executives



CHICAGOBUSINESS

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Daily Business Briefing

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

TOP HEADLINES Wednesday, May 13, 2009

· CME rises on hopes of new trading rules

· ArcelorMittal plans 'mass layoff' at East Chicago plant

· Craigslist to stop 'erotic' ads under pressure from AG Madigan, others

· Playboy doubling up centerfolds

· Dow closes down 184 points

· Boeing snags $1.2B Italian Army contract

· Donnelley makes $1.4B offer for Canadian media company

· Mag Mile apparel store to sublease some space

· Ackman loses bid to finance General Growth 

· Le Lan, Soul close; fashion dial-down: Taking Names blog

· Wirtz's playoff payoff; Jerry's lowball bid: Biz of Sports blog

· City Hall's red tape; bank in Midway lease drops another deal: Hinz blog 

Final Markets

Dow Jones

8,284.89

-184.22

-2.18%

NASDAQ

1,664.19

-51.73

-3.01%

Crain's Index

66.40

-2.19

-3.19%

» View Other Top Headlines

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OTHER HEADLINES

· McDonald's has R-rated Happy Meal: parents NBC 5

· Macy's rings up wider 1Q loss Crain's New York

· Chicago bans BPA bottles, cups Chicago Sun-Times

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TODAY'S FEATURES

Special Feature

Chicago Business Today - May 13

The latest installment in our Road to Recovery series: We'll tell you how the recession is changing Chicago's transportation industry. Gas prices spike in the past month. Illinois among states with the most foreclosures.Read More


· Check, Please! visits Coco Pazzo for lunch

· 40 Under 40 for 2009: Call for nominations

· VIDEOS: Women to Watch 2009

· Social Whirl: Art Institute of Chicago

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Top Stories

Wednesday, May 13, 2009


Report: Stroger owes $12K in back taxes | VIDEO
Cook County Board President Todd Stroger reportedly has a tax problem.

Ill. AG: Craigslist nixing 'erotic service' ads
Online classified ads site Craigslist will get rid of its controversial "erotic services" category that critics called a front for prostitution, replacing it with an adult category reviewed by Web site employees, state attorneys general announced Wednesday.

Vote on furlough days postponed
A mandatory furlough plan could impact many Chicago city workers.

Chicago cops to be evaluated on attitudes
Chicago police officers will soon be evaluated, not just on how they do their jobs, but on their attitudes and how they deal with people.

Woman alleges robbery, kidnapping
Chicago police are searching for one or more suspects who kidnapped and robbed a woman on the city's South Side.

MORE STORIES

Strange

Hungry suspect caught in Taco Bell parking lot

Picnic welcomes gun toters

Teacher spends 65 hours in tree

Office fridge cleanup sends 7 to hospital

Meteorite that damaged home to be sold

Consumer

FDA criticizes Cheerios maker for health claims

FTC cracks down on auto warranty calls

Aldermen urge ban of chemical

Cost of coffee surging

American to let customers use miles on 1-way trips

Healthbeat

FDA takes issue with Cheerios health claims

Flu drug advised for pregnant women with swine flu

Folic acid may reduce risk of premature birth

Study: More cancer testing = more false alarms

Up to 20,000 viruses per cough, researchers say

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TODAY'S WEATHER OUTLOOK

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Today's weather

52°F

A severe thunderstorm, with damaging winds and hail this afternoon; otherwise, morning thunderstorms; cloudy and breezy


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Art Institute unveils Modern Wing As the Art Institute shows off its new Modern Wing, the Chicago Park District considers lowering the fee for Chicagoans.

Art Institute to hike admission

Hungry Hound tracks down Thai faire A look at two Thai specialties- a northeastern salad and a famous noodle dish.

The Hungry Hound


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