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  • Twitter CFO has an oops moment with mistaken tweet Nov 25, 2014 8:50 AM
    Twitter Inc. just tripped up one of its top executives. Chief Financial Officer Anthony Noto today publicly tweeted about a plan he has to buy a company, including how he wanted to help make the deal happen at a meeting in mid-December. The message was posted on the microblogging service before it was deleted, with Twitter spokesman Jim Prosser confirming that Noto was trying to send the message privately. “I still think we should buy them,” Noto tweeted.

     
  • Google’s latest: A spoon that steadies tremors Nov 25, 2014 8:49 AM
    Just in time for the holidays, Google is throwing its money, brain power and technology at the humble spoon. Of course these spoons (don’t call them spoogles) are a bit more than your basic utensil: Using hundreds of algorithms, they allow people with essential tremors and Parkinson’s Disease to eat without spilling.

     
  • St. Charles committee approves massage parlor rules Nov 25, 2014 11:24 AM
    St. Charles aldermen, voting as a committee Monday, unanimously approved regulations created by city police officers in response to three prostitution arrests at local massage businesses in the spring. “There will be a vetting process,” Police Chief James Keegan said. “We will look at their criminal history. We want to make sure they are the type of massage therapists that we’ve all grown to respect over the years."

     
  • More medicine goes off limits in u.S. Drug-price showdown Nov 25, 2014 1:05 PM
    Steve Miller is waging war on high- priced medicine, guiding decisions to ban drugs from the health plans of millions of Americans and sending companies reeling in a $270 billion market. He and his colleagues at Express Scripts Holding Co. say they are just getting started. Miller is chief medical officer for the company, which oversees prescription benefits for health plans and employers covering 85 million patients.

     
  • American consumers say they’ll drown sorrows at appliance stores Nov 25, 2014 1:05 PM
    American consumers say they know how to cure what ails them -- a new television for Christmas. A gauge of consumers’ willingness to buy appliances jumped in November to its highest level since at least 2010, Conference Board data showed today. Purchase intentions for TVs were at a two-year high and more respondents planned to buy ranges.

     
  • Spending by consumers, companies propels U.S. growth Nov 25, 2014 1:05 PM
    The world’s largest economy grew faster in the third quarter than first estimated, capping its strongest six months in a decade, as consumers went shopping and companies boosted spending. Gross domestic product rose at a 3.9 percent annualized rate, exceeding all forecasts of economists surveyed by Bloomberg and up from an initial estimate of 3.5 percent, revised data from the Commerce Department showed today in Washington.

     
  • New iPhones push Apple’s market cap past $700 billion Nov 25, 2014 1:05 PM
    Apple, already the world’s most valuable company, surpassed $700 billion in market capitalization Tuesday as its stock hit another all-time high. The company unveiled the latest version if the iPhone two months ago and sales have been surging. During its last quarter, Apple sold 39.3 million iPhones and said that it expected revenue from the sale of all of its products to come in between $63.5 billion and $66.5 billion in the current quarter.

     
  • Mundelein police, Elly’s team up to distribute turkeys to needy familiies Nov 25, 2014 1:20 PM
    It took all of 20 minutes, and in a blur, 75 turkeys were off to their holiday destinations. The Mundelein Police Department and Elly’s Pancake House in Mundelein teamed up to provide families in need with a complete Thanksgiving meal. The turkeys were donated be Elly’s and the side dishes provided by the Mundelein After School Coalition and the Fremont Township Girl Scout Troop.

     
  • Wal-Mart says merchandising chief leaving amid shakeup Nov 25, 2014 10:57 AM
    Wal-Mart Stores Inc. announced the departure of U.S. merchandising chief Duncan Mac Naughton and a shakeup of its management structure as the retailer works to ignite sales growth in its home market.Instead of naming a new chief merchant, Wal-Mart U.S. will now have a group of merchandising executives reporting directly to Greg Foran, the unit’s chief executive officer, the Bentonville, Arkansas-based company said today in an e-mailed statement. Mac Naughton is leaving to pursue other opportunities, Wal-Mart said, without providing details.

     
  • Consumer confidence unexpectedly dropped in November Nov 25, 2014 10:57 AM
    Consumer confidence unexpectedly declined in November to a five-month low as Americans became less upbeat about the economy and labor market. The Conference Board’s index fell to 88.7 this month from an October reading of 94.1 that was the strongest since October 2007, the New York-based private research group said today. The figure last month was weaker than the most pessimistic estimate in a Bloomberg survey of economists.

     
  • Thanksgiving holiday halting Route 59 work in Naperville/Aurora Nov 25, 2014 11:28 AM
    Thanksgiving will be a holiday from construction along Route 59 in Naperville and Aurora. Illinois Department of Transportation officials said crews are scheduled to wrap up their work around 3 p.m. Wednesday before taking the entire day off Thursday along the 3.5-mile stretch between Ferry Road and Aurora Avenue/New York Street.

     
  • Harper student-run boutique reopens bigger, more visible site Nov 25, 2014 2:43 PM
    Studio V, the professional, student-run boutique at Harper College opened this month in a newly renovated – and far more visible – space on the east side of campus, across from the Building J Theatre. To celebrate, Studio V will hold a grand reopening event with refreshments and entertainment from 5-8 p.m. Dec. 4.

     
  • A musical pairing of cars and guitars Nov 25, 2014 2:57 PM
    One of the draws to vintage muscle cars is the sweet, sweet V-8 tunes flowing from their tailpipes. Now California-based G&L Musical Instruments has launched a series of guitars that take inspiration from the best of what Detroit was churning out during the 1960s and 1970s.

     
  • Thanksgiving trumps Black Friday for deals Nov 25, 2014 3:04 PM
    Thanksgiving could be the best day to shop all year. An analysis of sales data and store circulars by two research firms contradicts conventional wisdom that Black Friday is when shoppers can get the most and biggest sales of the year. Turns out, shoppers will find more discounted items in stores that are open on Thanksgiving. For example, there are a total of 86 laptops and tablets deeply discounted as door buster deals at Best Buy, Wal-Mart and others on the holiday compared with just nine on Black Friday, according to an analysis of promotions for The Associated Press by researcher MarketTrack. And on the Web, discounts will be deeper on the holiday. Online prices on Thanksgiving are expected to be about 24 percent cheaper compared with 23 percent on Black Friday and 20 percent on Cyber Monday, according to Adobe, which tracks data on 4,500 retail web sites. The data is the latest proof that retailers are slowly redefining the Black Friday tradition. It’s been the biggest shopping day of the year for years, mostly because it’s traditionally when retailers pull out their best sales events. But in the last few years, retailers like the Gap, Target and Toys R Us have started opening their stores and offering holiday discounts on Thanksgiving to better compete with online rivals. “I was surprised, but it really shifted one day,” said Tamara Gaffney, principal analyst at Adobe, which is based in San Jose, California. Shoppers already are noticing the deals on Thanksgiving. Corey Grassell, 34, of Appleton, Wisconsin, said he plans to shop for deals on Thanksgiving and bypass Black Friday. That’s after he grabbed bargains last year on the holiday, including a washer-dryer combination at Sears for about $800, a 50 percent discount. “I feel guilty for going out on Thanksgiving, but the deals are so much more attractive to me than on Black Friday,” he says. But some industry watchers fear others won’t shop on Thanksgiving, choosing to keep the day sacred. Those who wait instead to shop on Black Friday could wind up being disappointed with the leftover deals, they say. In fact, according to Deloitte Research’s recent survey of shoppers, about two-thirds say they’re not motivated to go out to stores Thanksgiving because it’s important to be with family and friends. “Shoppers could be disappointed and find that the hot items on their list are not in stock on Black Friday because of the early push by retailers,” says Traci Gregorski, MarketTrack’s vice president of marketing. She says she’s conducting a survey of shoppers after the holiday shopping weekend to see how retailers fared. “We want to get shoppers’ perception of these deals,” she says. Most big retailers acknowledge that they’re starting to offer deals on Thanksgiving that previously were reserved for Black Friday. Jeff Haydock, a spokesman at Best Buy, the nation’s largest consumer electronics chain, said the best deals become available Thanksgiving when its doors open at 5 p.m. For example, one of Best Buy’s Thanksgiving specials is a $899 55-inch LED Smart TV, the lowest price it has ever offered on a Samsung ultra-high definition TV of this size. That will be available on Friday —if supplies last. “Naturally, more of the deals are being pulled into Thursday because our stores are open,” says Haydock. Brian Hanover, a spokesman at Sears, which is opening at 6 p.m. Thursday, also says Thanksgiving specials spill into Black Friday. But the quantities for the 1,000 door busters are limited. They include Nordic Track treadmills for $699.99, or an $800 discount, and a 36 percent savings on a Whirlpool laundry machine, regularly priced at $549.99. “It probably behooves the customer to shop earlier on Thanksgiving,” he says. For its part, Wal-Mart, the world’s largest retailer, says it’s spreading out discounts online and in the store. But Gregorski, of MarketTrack’s says its “evident” in Wal-Mart’s circular that “the best deals are on Thanksgiving.” To be sure, for its two sales events on Thanksgiving, Wal-Mart devotes 36 pages of its circular to discounted TVs, computers and other items. On Black Friday? Wal-Mart has four pages of deals.

     
  • How much do you know about how the Internet works? Nov 25, 2014 9:02 AM
    We may be the Internet generation. But we don’t know much about how it works. A new Pew Research Center survey released Tuesday found most people can recognize Microsoft founder Bill Gates and know that hashtags belong in tweets, but are confused about whether having a privacy policy means that a company actually keeps consumer information confidential.

     
  • Airlines waive rebooking fees as storm delays fliers Nov 25, 2014 8:50 AM
    U.S. airlines have waived their rebooking fees as winter weather struck the Chicago area today and threatens the Northeast as the Thanksgiving travel season approaches. With snow falling at Chicago’s O’Hare International Airport, Chicago-based United Continental Holdings Inc. waived its customary fee for flight changes today for travel into, out of or through O’Hare. The airline later added a similar waiver for travel through 23 northeastern airports, according to its website.

     
  • Storm may snarl trip for Thanksgiving travelers Nov 25, 2014 8:50 AM
    A nor’easter was expected to develop along the East Coast just as millions of travelers head to their Thanksgiving destinations, bringing mostly rain close to the coast, but heavier snow further inland. The exact track and severity of the storm had meteorologists on alert. “A small deviation in the track could change things dramatically,” said Jeff Masters, chief meteorologist for Weather Underground.

     
  • Honda says it didn’t understand U.S. early warning well Nov 25, 2014 8:50 AM
    Honda president Takanobu Ito tells reporters in Japan today that the automaker didn’t understand the requirements of the U.S. early warning reporting well and made various mistakes.

     
  • Thanksgiving trumps Black Friday for deals Nov 25, 2014 10:22 AM
    Thanksgiving could be the best day to shop all year. An analysis of sales data and store circulars by two research firms contradicts conventional wisdom that Black Friday is when shoppers can get the most and biggest sales of the year. Turns out, shoppers will find more discounted items in stores that are open on Thanksgiving.

     
  • Blackberry offers $550 to get iPhone users to switch Nov 25, 2014 8:50 AM
    BlackBerry Ltd. is offering to pay iPhone users as much as $550 to switch to a square-screened BlackBerry Passport. Starting in December, customers who trade in an iPhone for the keyboard-equipped Passport will get as much as $400 back depending on their Apple Inc. smartphone’s model and condition, plus a $150 prepaid gift card, BlackBerry said yesterday in a statement. The promotion is only available in North America and lasts until Feb. 13.

     
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