Business
As President Obama signed the $787 billion dollar stimulus bill into law today, the Dow plunged 298 points to 7552. We find out why this happened today and what the outlook is for the economy.
There has been more upheaval in the Chicago media asthe Chicago Tribune and the Chicago Sun-Times announced some changes. Kris Kridel of WBBM's Newsradio 780's "Noon Business Hour" will be here with those details plus the stories behind the rest of the week's business headlines.
Joel and his panel discuss the week's top headlines: Chicago and Illinois awaiting much-needed federal stimulus dollars; former governor Blagojevich slams Illinois lawmakers for infidelity and alcoholism; startling allegations of corporal punishment in the Chicago Public Schools; downtown parking meter rates going way up today; the Chicago Auto Show drives into town; Cubs and Sox pitchers and catchers report to spring training this weekend; and Chicago Bulls legend Johnny "Red" Kerr honored this week.
Guests:
The proposed merger between Ticketmaster and Live Nation Entertainment may drive concert ticket prices even higher. The Sun-Times pop music critic, Jim DeRogatis, joins us with the ramifications of the consolidation.
The new U.S. treasury secretary unveiled the latest proposal to rescue the nation's banks and the price tag is in the trillions of dollars. What has happened to the money dispersed so far? Eddie Arruza talks to two top economists about the bailout plan in our economic series, "The Bottom Line."
More information on "The Bottom Line"
The Dow closes down almost 400 points. This comes despite the Senate passing an $838 billion dollar stimulus plan this afternoon. Kris Kridel of WBBM Newsradio 780's "Noon Business Hour" has the details on the Dow's drop.
We kick off a new series on the economy we are calling: "The Bottom Line." For our first installment, we take a look at the stimulus package being hotly debated in the U.S. Senate and examine how it may or may not resuscitate the ailing economy.
Just when you thought that newspapers were dying, a new publication hit the streets last week. It is a newspaper with an unexpected 21st Century twist. We take you inside "The Printed Blog."
Will Chicago's transit woes be helped by the stimulus plan winding through Washington? Kris Kridel of WBBM's Newsradio 780's "Noon Business Hour" discusses the possibilities and the price.
Last night's dramatic contest between the Pittsburgh Steelers and Arizona Cardinals may have upstaged all the commercials. We talk with two advertising experts about how the economy may have affected what you watched in between all the gridiron action.
Joel and his panel discuss the week's top headlines: Embattled Governor Rod Blagojevich thrown out of office; Governor Pat Quinn pledges to "fumigate state government" of corruption; President Obama's stimulus plan passed by the House of Representatives, what does it mean to Chicago?; Mayor Daley names Ron Huberman Chicago's new Public Schools chief; and Chicago-area home prices continue to plummet.
Guests:
Kris Kridel of WBBM Newsradio 780's "Noon Business Hour" takes a look at the week's top business stories, including the soaring profits posted by Illinois-based McDonald's.
Joel and his panel discuss the week's top headlines: History unfolds in Washington D.C. at President Obama's inauguration; Governor Blagojevich's Senate impeachment trial set for Monday; will President Obama make an immediate impact on the economy?; the suddenly struggling Blackhawks skate into the All-Star break; and violence is on the rise at Chicago Public School sporting events.
Guests:
Chicago BusinessKris Kridel of WBBM Newsradio 780's "Noon Business Hour" takes a look at how all the inauguration hoopla is affecting businesses not just in Washington, D.C but here in Chicago as well.
Tonight's panel discusses the week's top headlines: Controversial pick Roland Burris sworn in by the U.S. Senate; politicians are lining up to fill Rahm Emanuel's vacant congressional seat; Gov. Blagojevich swears in the Illinois state senators presiding over his upcoming impeachment trial; the Chicago Tribune unveiling a tabloid edition on Monday; investors feeling queasy after another wild week on Wall Street; and Bears coach Lovie Smith taking charge of the defense next season.
Guests:
The Cubs could decide on a new owner this week. WBBM Newsradio 780's Kris Kridel tells us more about the finalists and bring us the other business headlines of the week, including the big job cuts at Deerfield-based Walgreens.