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  Wednesday, August 1, 2007 •
chicagotribune.com business newsletter


By Margaret
O’Brien
, Business Wrap
columnist



CLOSING
BELL

DJIA 13,362.37 +150.38 |
NSDQ 2,553.87 +7.60 |
S&P 1,465.85+10.58

Watching the market go up and down all day was
enough to make your neck sore, but day ends
with a rally. Markets columnist Bill
Barnhart
wraps it up: MORE>>
 • Top local
gainers: Navteq,
Nalco
and OfficeMax.
MORE>>
 • Top local
decliners:
R.R.
Donnelley
, Anixter,
and Smufit.
MORE>>


TOP BUSINESS
NEWS

It’s official. The Wall Street
Journal
and other Dow Jones entities
will be owned by Rupert Murdoch’s News Corp.: MORE>>
 • Publisher promises
standards will be maintained: MORE>>

Even though it printed millions — and millions
— of Harry Potter books, R.R.
Donnelley
lost $69.4 million in the
second quarter on special charges: MORE>>
 • Kraft
Foods
reports profit after first quarter
on its own: MORE>>
 • OfficeMax
profits were flat despite higher sales: MORE>>

BP’s Whiting refinery can keep
dumping in Lake Michigan, environmental
regulators said: MORE>>

Amtrak is trying to gin up
business in its luxury cars by offering $100 in
free alcohol on some overnight trips from
Chicago. MORE>>

Bally’s Total Fitness filed for
Chapter 11 today. But don’t worry. That gym
membership you never use is unaffected: MORE>>

LATEST
BUSINESS NEWS
>>


TALKING BUSINESS
“What is life without dignity
and your beliefs?”
asks Waild
Elkhatib, a Muslim Dunkin’ Donuts franchisee who
refuses to sell sandwiches with ham, sausage and
bacon. The company has threatened to not renew
his franchise. Elkhatib’s federal discrimination
lawsuit was recently reinstated in
Chicago
: MORE>>


IN OTHER
NEWS…

Retired U.S. Rep. Henry Hyde,
83, is on a respirator but “doing fine” after
bypass surgery, his wife said: MORE>>

Four attacks on women in Lake
View may be linked, police say: MORE>>
   • Woman
assaulted in front of child in Englewood: MORE>>

A jury decided that a Chicago police officer who
found porn each day in her
office mailbox, should receive $150,000 in
damages: MORE>>

Barack Obama threatened
military force against Al Qaeda in Pakistan, a
U.S. ally: MORE>>

Donald Rumsfield denied
involvement in covering up the friendly fire
death in Afghanistan of former NFL player Cpl.
Pat Tillman: MORE>>

An injured man unable to communicate
for six years, regained his ability to speak
after stimulating electrodes
were placed in his brain. MORE>>

LATEST CHICAGO AND
NATIONAL NEWS >>


BLOG
WORLD

If you are worried about how much your house is
worth and looking for signs of recovery in the
housing market, don’t read
Gail MarksJarvis’ On Money blog
entry about the S&P Case Shiller Home Price
Index. We’re serious. It’s bad. Yes, even in
Chicago: MORE »


SPORTS
FIX

Police found evidence of cocaine and drug
paraphernalia at former Cubs pitcher Rod
Beck
‘s home on the day he died: MORE>>

The Bears lured defensive tackle Darwin
Walker
from Buffalo with a big bowl of
porridge — a 5-year, $25-million contract signed
last night:
MORE>>

Cubs fans cheering the Mets? In
Wrigleyville? Doesn’t anyone remember 1969
anymore? More in Hardball. MORE>>

LATEST
SPORTS NEWS
>>


OFF THE
CLOCK

Ready or not, Nicole Richie is
going to have a baby. Good Charlotte singer Joel
Madden is the father: MORE>>

Whoopi Goldberg replaces
Rosie on “The View.” She’ll start Sept. 4, the
beginning of the 11th season: MORE>>

The balcony will be open again, tomorrow, on the
Web with more than 20 years of televised
movie reviews by Siskel and
Ebert at www.atthemovies.com: MORE>>


HEADED
OUT?

Inbound I-94, from Dempster Street to I-90 is
slow this afternoon, but getting better. The
outbound Dan Ryan from I-290 to I-55 is getting
worse. Here’s where the other local
traffic jams are right now: MORE »
    • Did you
notice the cab strike
yesterday?: MORE>>

Hot today. Hot tonight.
Thursday? Even hotter. WGN’s Tom
Skilling
walks you through the
variations of oppresive heat ahead in the next
week: MORE>>


COMING
WEDNESDAY

Second-home communities are sprouting up around
universities for Boomers who want to be nearby
for football and other activities. Mary Umberger
tells you more in Thursday’s Chicago Tribune
Business
section.


SEE YOU IN THE
MORNING

ChicagoTribune.com’s business
section
has a fresh report of the latest
business news each morning. Check back at lunch,
too. We have more news waiting for you.

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