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Chicago Tribune
Chicago Tribune
Business
Phil Rosenthal

Chicago Tribune Phil Rosenthal column

July 23--Ferrari moved closer to an expected initial public offering later this year, with parent Fiat Chrysler filing Securities and Exchange Commission paperwork Thursday. Valuation will be tough as it's probably not a practical everyday investment but has appeal nonetheless -- especially among wealthy men having a midlife crisis.

A federal regulator has ordered Discover to pay $18.5 million for illegal student loan servicing practices such as overstating required minimum payment amounts and phone dunning before 8 a.m. and after 9 p.m. Because Discover mistreats you the way you'd mistreat you.

Gov. Bruce Rauner is under fire from the National Council of Women's Organizations for his all-male Illinois Tollway board. Rauner did say he hoped to run Illinois the way businesses are run.

New York City fast-food workers are poised for a $15 minimum hourly wage by the end of 2018. Remember former New York Mayor Michael Bloomberg's attempt to encourage healthier habits by banning large sodas? Making fast food pricier may be more effective.

Microsoft is establishing a dedicated website for victims of so-called revenge porn to report explicit videos and images posted online without consent, so at least they can be delisted from Bing search results. Google it if you don't know what Bing is.

Elite winter athletes will speed down a temporary 100-foot-tall ramp in the outfield of Boston's Fenway Park in a U.S. Ski Snowboard Association event set for February. Only Chicago ballplayers go downhill that fast at Chicago ballparks.

Universal announced its "Jurassic World" sequel should hit theaters in June 2018. Never a meteor or tar pit where and when you need one.

NBA star LeBron James and his production company have entered into a multimedia partnership with Warner Bros. This immediately set off speculation that he's an obvious choice to revisit a particular Warner movie. But does the world really need a new "Casablanca"?

If you're unhappy the Indiana Pacers will wear jerseys from the movie "Hoosiers" during some games next season, imagine LeBron and his Cleveland teammates taking the floor in "Space Jam" Tune Squad uniforms. Or would they be the Monstars?

Challenger Abraham Lincoln, 157 years ago Friday, wrote U.S. Sen. Stephen Douglas "to make an arrangement for you and myself to divide time and address the same audiences." The Lincoln-Douglas debates didn't derail Douglas' re-election but elevated Lincoln, who fared better against Douglas two years later for the presidency.

philrosenthal@tribpub.com

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