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TRIBUNE BIZWRAP | Wednesday, Aug. 1, 2007 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: [link would appear here] » * Top local gainers: Navteq, Nalco and OfficeMax. * Top local decliners: R.R. Donnelley, Anixter and Smurfit Stone. --------------------------------- TOP BUSINESS NEWS It's official. The Wall Street Journal and other Dow Jones entities will be owned by Rupert Murdoch's News Corp.: [link would appear here] » * Publisher promises standards will be maintained: [link would appear here] » 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: [link would appear here] » * Kraft Foods reports profit after first quarter on its own: [link would appear here] » * OfficeMax profits were flat despite higher sales: [link would appear here] » BP's Whiting refinery can keep dumping in Lake Michigan, environmental regulators said: [link would appear here] » Amtrak is trying to gin up business in its luxury cars by offering $100 in free alcohol on some overnight trips from Chicago. [link would appear here] » Bally's Total Fitness filed for Chapter 11 today. But don't worry. That gym membership you never use is unaffected: [link would appear here] » --------------------------------- 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: [link would appear here] » --------------------------------- IN OTHER NEWS... Retired U.S. Rep. Henry Hyde, 83, is on a respirator but "doing fine" after bypass surgery, his wife said: [link would appear here] » Four attacks on women in Lake View may be linked, police say: [link would appear here] » A jury decided that a Chicago police officer who found porn each day in her office mailbox, should receive $150,000 in damages: [link would appear here] » Barack Obama threatened military force against Al Qaeda in Pakistan, a move that could undercut a U.S. ally: [link would appear here] » Donald Rumsfield denied involvement in covering up the friendly fire death in Afghanistan of former NFL player Cpl. Pat Tillman: [link would appear here] » An injured man unable to communicate for six years, regained his ability to speak after stimulating electrodes were placed in his brain. [link would appear here] » --------------------------------- 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: [link would appear here] » --------------------------------- SPORTS FIX Police found evidence of cocaine and drug paraphernalia at former Cubs pitcher Rod Beck's home on the day he died: [link would appear here] » The Bears lured defensive tackle Darwin Walker from Buffalo with a big bowl of porridge -- a 5-year, $25-million contract signed last night: [link would appear here] » Cubs fans cheering the Mets? In Wrigleyville? Doesn't anyone remember 1969 anymore? More in Hardball. [link would appear here] » --------------------------------- OFF THE CLOCK Ready or not, Nicole Richie is going to have a baby. Good Charlotte singer Joel Madden is the father: [link would appear here] » Whoopi Goldberg replaces Rosie on "The View." She'll start Sept. 4, the beginning of the 11th season: [link would appear here] » 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: [link would appear here] » --------------------------------- 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: [link would appear here] » * Did you notice the cab strike yesterday?: [link would appear here] » Hot today. Hot tonight. Thursday? Even hotter. WGN's Tom Skilling walks you through the variations of oppresive heat ahead in the next week: [link would appear here] » --------------------------------- 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.
