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Celebrations and spending up for July 4, survey finds

Shoppers largely stiffed Mom, Dad and the Easter Bunny but appear to be giving Uncle Sam a little extra love this weekend.


Source: chicagotribune.com - Business | Published: 4 Jul 2009, 12:00 am
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New rules eyed for bank buyers

The Federal Deposit Insurance Corp. has proposed new guidelines for potential buyers of failed banks as the government seeks to sell a growing number of closed financial institutions.


Source: chicagotribune.com - Business | Published: 4 Jul 2009, 12:00 am
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Canadians favoring Ford

For the first time in more than half a century, Canadians bought more Fords than General Motors vehicles in June.


Source: chicagotribune.com - Business | Published: 4 Jul 2009, 12:00 am
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Another 'jobless recovery' possible, this time even more pronounced

Unemployment rate likely to keep climbing into 2010 while consumer spending stalls

-- Even as the nation's economy begins to claw its way out of the worst recession in 60 years, signs are growing that a recovery could come with an unsettling twist: The wheels of commerce may begin to turn again without any substantial boost in jobs.


Source: chicagotribune.com - Business | Published: 4 Jul 2009, 12:00 am
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British Air to cut seats, delay orders

British Airways PLC said it will ground aircraft, slash the number of available seats and postpone taking delivery of a dozen new Airbus A380 superjumbos as it faces a recession-driven decline in passengers.


Source: chicagotribune.com - Business | Published: 4 Jul 2009, 12:00 am
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Sales of flat-panel TVs brighten retail picture

On the shopping list for budget-minded consumers: groceries, gas -- and a flat-panel television?


Source: chicagotribune.com - Business | Published: 4 Jul 2009, 12:00 am
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Man shot on West Side

A man was shot in the torso in the South Lawndale neighborhood tonight, according to police.

Police found a man in his 20s in an alley on the 2800 block of West 25th Street.

Details were sketchy, but police said the shooting occurred about 6:25 p.m. The man was taken to Mt Sinai Hospital.

As of 10 p.m., the man was undergoing surgery and was in critical condition, police said.

No one was in custody as of about 7:50 p.m., according a spokesman at Police News Affairs.

--Caroline K. Smith


...
Source: Chicago Breaking News | Published: 3 Jul 2009, 11:24 pm
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Body found at Southwest Side home

A death investigation was underway this evening after an unidentified man's body was found, apparently burned, at a Southwest Side residence, officials said.

Chicago police received a call about an incident at the residence about 3 p.m. in the 5000 block of South Talman Avenue in the Gage Park neighborhood.

A woman who lives next door to where the man's body was found said she saw police take three people who lived in that residence--two men and a woman--away from the residence in a squad car.

She said she did not know them, but said the apparent victim owned that residence. She said she did not know the victim's name.

"It seemed like a fire. There was a lot of smoke," the neighbor, 23-year-old Carmen Zavala, said about 9:20 p.m. "The body's still inside. They haven't taken him out."

Zavala said police told her the body was in the basement.

Police News Affairs Officer John Mirabelli could not confirm whether anyone was in custody tonigh...

Source: Chicago Breaking News | Published: 3 Jul 2009, 11:08 pm
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