Chicago hotel occupancy climbs back









Visitors filled downtown hotel rooms in 2012 at a rate not seen since before the recession.

Hotel occupancy rose to 75.2 percent, up from 72.2 percent in 2011, according to an announcement by Choose Chicago, the city's tourism and convention agency, and Mayor Rahm Emanuel. The 2012 level matched a previous record set in 2007.

Hotel operators also saw increases in two other key measures, though those remain slightly below their peaks. The average daily room rate rose to $187.27, from $177.33 in 2011. And the revenue per available room, a key indicator of profitability, increased by 10 percent to $140.76.

The data comes from STR Global, with analysis by Choose Chicago.

Among the factors affecting performance, officials said, was a more aggressive marketing strategy. They cited Choose Chicago's regional advertising campaigns. An eight-week winter and 12-week summer campaign, at a combined cost of $2 million, targeted Cincinnati, Detroit, Grand Rapids, Indianapolis, Milwaukee and St. Louis.

The improved performance, along with a hike in the city's hotel tax rate, brought the city's hotel tax revenue to more than $100 million for the first time. This was an increase of $25 million, or 33 percent, from 2011.
 
The city share of the hotel tax increased by 1 percentage point last year, bringing the total Chicago hotel tax rate to 16.39 percent. The city's share of that is 4.5 percentage points.

 kbergen@tribune.com | Twitter@kathy_bergen



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Pearl Jam at Wrigley Field? It's 'looking good'













Pearl Jam


Pearl Jam
(January 22, 2013)


























































As hints go, Pearl Jam and the Cubs aren't being very subtle about the possibility of the iconic band playing a concert at Wrigley Field in 2013. At the band's website, there is a note telling fans to "stay tuned," with prompts to follow the band on Twitter (@pearljam).


Later Tuesday afternoon, both the Cubs and Pearl Jam Tweeted pictures of the field at Wrigley, with a full concert setup. The band's Tweet, featuring the "stay tuned" hashtag, also included a "looking good" reference to the Wrigley image.


But wait ... there’s more.





The Cubs are also playing a role in the suspense, sending out a Tweet that included "Ten," and a repeat of the "stay tuned" hashtag, as reported by RedEye. There was also a link to a photo of a Ron Santo Cubs jersey (No. 10), the parallel being that “Ten” is also the title of Pearl Jam’s first album.


RedEye reports that a Cubs spokesperson, via e-mail, noted that no further information could be provided regarding the hints and images at this time. But a date around mid-September is a possibility, according to Tribune critic Greg Kot.






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Google's fourth quarter results shine after ad rate decline slows


SAN FRANCISCO (Reuters) - Revenue from Google Inc's core Internet business outpaced many analysts' expectations during the crucial holiday quarter and advertising rates fell less than in previous periods, pushing its shares up more than 4 percent.


The world's largest Internet search company introduced new product listings during the fourth quarter - typically its strongest - and also benefited from business growth in international markets, analysts said.


Excluding traffic-acquisition costs, the business generated net revenue of $9.83 billion, up from $8.13 billion a year earlier, Google reported on Tuesday. That surpassed a $9.6 billion average forecast from six analysts polled by Reuters.


"Business looked really strong, especially from a profitability perspective. They really grew their margins in the core business," said Sameet Sinha, an analyst with B. Riley Caris. "Most of that strength seems to be coming from international markets which grew revenues quite substantially: up 23 percent year over year, versus the 15 percent growth in the third quarter."


Average cost-per-click, a critical metric that denotes the price advertisers pay Google, declined 6 percent from a year ago, the fifth consecutive quarter of decline.


Google executives told analysts on a conference call that the company had focused on improving the metric - shoring up margins - while lowering the overall growth rate of paid clicks in the holiday quarter.


"Click prices are still declining, but it's better than expected," said BGC Partners analyst Colin Gillis.


MOTOROLA MOBILITY "STILL LOSING MONEY"


Consolidated net income in the fourth quarter was $2.89 billion or $8.62 per share, compared with $2.71 billion, or $8.22 per share, in the year-ago period when Google had not yet acquired Motorola.


Excluding certain items, Google said it earned $10.65 per share in the fourth quarter.


"The core business is a great business and the fourth-quarter is always a time for Google to shine. However, Motorola is still losing money and click rates still declined. They only declined 6 percent, but go back four or five quarters and click prices were improving. So mobile is still pressuring click prices," Gillis said.


The company posted consolidated revenue - which includes its Motorola Mobility mobile phone business but not the television set-top box business it recently agreed to sell - of $14.42 billion on Tuesday.


Motorola Mobility had an operating loss of $353 million during the quarter.


Shares of Google were up roughly 4.5 percent at $734.46 in after-hours trading on Tuesday.


(Reporting By Alexei Oreskovic; Editing by Bernard Orr)



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Djokovic getting the hang of winning in Australia


MELBOURNE, Australia (AP) — Novak Djokovic is really starting to get the hang of how to handle himself at the Australian Open.


An expression often used Down Under — "Keep your shirt on" — is designed to discourage anyone from becoming unnecessarily overexcited.


Djokovic took it literally after his 6-1, 4-6, 6-1, 6-4 win Tuesday night over fifth-seeded Tomas Berdych, advancing to the semifinals at an 11th consecutive Grand Slam tournament.


The 2-hour, 31-minute victory took exactly half the time of his five-set, fourth-round win two nights previously against Stanislas Wawrinka. In the early hours of Monday morning, Djokovic ripped his sweat-drenched shirt off and flexed his muscles, mimicking his victory celebration after the 5:53 victory over Rafael Nadal in the 2012 Australian Open final.


That was acceptable at the time to the Rod Laver Arena crowd, which was still abuzz at 1:40 a.m. following five sets of high-level tennis.


After the Berdych match, however, he realized there was no need to raise the roof. Djokovic calmly pumped his fist once and walked to the net; he later joked about the ice baths he'd taken in between matches on the advice of local hero Lleyton Hewitt.


"It was a great performance. I was hoping to have a shorter match ... just not to go over 5 hours," Djokovic said, in a comparatively subdued mood after a considerably more routine victory. "It's always going to be tough against Tomas; he's an established player. He has a big game, big serve. He can compete against anyone on any surface."


In the semifinals, Djokovic will meet No. 4-seeded David Ferrer.


Ferrer survived a quarterfinal battle with fellow Spaniard Nicolas Almagro. Almagro had three chances to serve for the match, but Ferrer broke each time.


A usually mild-mannered pro, Ferrer showed his aggression at times when he threatened to spike his racket and even smashed his water bottle in the changeover after he'd dropped serve in a frustrating fourth set that featured eight breaks of serve.


He'd never lost to Almagro in 12 previous meetings and, as the No. 1 Spaniard in the draw in the absence of 11-time major winner Rafael Nadal, felt a responsibility to reach the semis.


"It was (a) miracle I won this match," Ferrer said of his comeback 4-6, 4-6, 7-5, 7-6 (4), 6-2 win. "I tried to fight every point; that's my game. I always fight."


Ferrer survived once in the third set and twice in the fourth when Almagro was serving for the match, but held his nerve and finally advanced to his third semifinal in the last four Grand Slam events.


"In the important moments, I played more consistent in my game," Ferrer said. "Of course, in the next round, the semifinals, I need to play my best tennis, better than today."


Djokovic acknowledged Ferrer's work ethic, saying the 30-year-old Spaniard was "one of the most respected guys on the tour because he never gives up."


"He plays every single match of his career with 100 percent," Djokovic said.


"I'm expecting a long one," he added.


Ferrer has never been past a major semifinal.


There are only three men left in the draw who have won Grand Slam titles — Djokovic has won five, including the last two in Australia. He's aiming to be the first man in the Open era to win three consecutive Australian titles.


The other two are in action Wednesday, with 17-time Grand Slam winner Roger Federer against 2008 Australian finalist Jo-Wilfried Tsonga of France. Andy Murray, who broke the 76-year drought for British men at the major tournaments by winning the U.S. Open last year, will play Jeremy Chardy of France.


On the women's side, defending champion Victoria Azarenka faces Svetlana Kuznetsova, who has won the U.S. Open and the French Open, and 15-time major winner Serena Williams is against 19-year-old American Sloane Stephens, who is playing her first quarterfinal at a Grand Slam.


Maria Sharapova completed a career Grand Slam last year by winning the French Open, a few months after losing the Australian Open final to Azarenka. After her 6-2, 6-2 quarterfinal win over Ekatrina Makarova on Tuesday, she has conceded only nine games in five matches — a record in Australia.


"To be honest, those are not the stats you want to be known for," Sharapova said.


After opening with a pair of 6-0, 6-0 wins, Sharapova thrashed seven-time major winner Venus Williams 6-1, 6-3 in the third round and Belgian Kristen Flipkens 6-0, 6-1 in the fourth.


Li Na has reached the semifinals in three of the last four years at Melbourne Park after beating Agnieszka Radwanska 7-5, 6-3. The 30-year-old Chinese player lost the 2011 final in Australia to Kim Clijsters, then won her breakthrough Grand Slam at the French Open a few months later. She hasn't been back to a major final since.


Djokovic won his first major title in Australia in 2008, then didn't make another final in his next 11 Grand Slam events. He's won four since then and is the top-ranked man in tennis, crediting the lessons from his experiences back then.


"At the start of my career, I went through a lot of different kinds of challenges physically, mentally," he said. "Everybody makes mistakes. I was aware of the fact that I need to improve because I wasn't feeling well, especially in the heat. I had lots of health issues.


"I don't want to go through it again. I am aware of the importance of an everyday practice and recovery basis. So as long as it's like that, I think I'll be all right."


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Justin Bieber tops Lady Gaga to rule Twitter






(Reuters) – Teen heartthrob Justin Bieber with his hordes of fans known of Beliebers became the King of Twitter on Tuesday, topping fellow pop star Lady Gaga as the user with the most followers.


Data from TwitterCounter.com showed that the 18-year-old Canadian singer jumped into the lead with 33.33 million followers, topping Lady Gaga’s 33.32 million and ending her two-and-a-half year rule of the microblogging site.






A spokesman from TwitterCounter.com said Lady Gaga has held the top slot on Twitter since August 2010 when she overtook U.S. pop star Britney Spears.


Bieber rose to fame as a baby-faced pop star singing love songs such as “Baby” after being discovered on YouTube in 2008. He has released two No. 1 albums in the past 18 months – the holiday-themed “Under the Mistletoe” and “Believe.”


Bieber was named by Forbes magazine in 2012 as the third-most powerful celebrity in the world and his huge following on Twitter was cited as a reason why marketers need to take notice of the 140-character micro-blogging site.


Lady Gaga has dropped to second in Twitter followed by singer Katy Perry in third with 31.49 million followers then Rihanna and Barack Obama with 26.17 million followers. Britney Spears has slipped to sixth place.


(Reporting by Belinda Goldsmith; editing by Patricia Reaney)


(You can see the Twitter top 100 list http://twittercounter.com/pages/100)


Music News Headlines – Yahoo! News





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Flu season fuels debate over paid sick time laws


NEW YORK (AP) — Sniffling, groggy and afraid she had caught the flu, Diana Zavala dragged herself in to work anyway for a day she felt she couldn't afford to miss.


A school speech therapist who works as an independent contractor, she doesn't have paid sick days. So the mother of two reported to work and hoped for the best — and was aching, shivering and coughing by the end of the day. She stayed home the next day, then loaded up on medicine and returned to work.


"It's a balancing act" between physical health and financial well-being, she said.


An unusually early and vigorous flu season is drawing attention to a cause that has scored victories but also hit roadblocks in recent years: mandatory paid sick leave for a third of civilian workers — more than 40 million people — who don't have it.


Supporters and opponents are particularly watching New York City, where lawmakers are weighing a sick leave proposal amid a competitive mayoral race.


Pointing to a flu outbreak that the governor has called a public health emergency, dozens of doctors, nurses, lawmakers and activists — some in surgical masks — rallied Friday on the City Hall steps to call for passage of the measure, which has awaited a City Council vote for nearly three years. Two likely mayoral contenders have also pressed the point.


The flu spike is making people more aware of the argument for sick pay, said Ellen Bravo, executive director of Family Values at Work, which promotes paid sick time initiatives around the country. "There's people who say, 'OK, I get it — you don't want your server coughing on your food,'" she said.


Advocates have cast paid sick time as both a workforce issue akin to parental leave and "living wage" laws, and a public health priority.


But to some business owners, paid sick leave is an impractical and unfair burden for small operations. Critics also say the timing is bad, given the choppy economy and the hardships inflicted by Superstorm Sandy.


Michael Sinensky, an owner of seven bars and restaurants around the city, was against the sick time proposal before Sandy. And after the storm shut down four of his restaurants for days or weeks, costing hundreds of thousands of dollars that his insurers have yet to pay, "we're in survival mode."


"We're at the point, right now, where we cannot afford additional social initiatives," said Sinensky, whose roughly 500 employees switch shifts if they can't work, an arrangement that some restaurateurs say benefits workers because paid sick time wouldn't include tips.


Employees without sick days are more likely to go to work with a contagious illness, send an ill child to school or day care and use hospital emergency rooms for care, according to a 2010 survey by the University of Chicago's National Opinion Research Center. A 2011 study in the American Journal of Public Health estimated that a lack of sick time helped spread 5 million cases of flu-like illness during the 2009 swine flu outbreak.


To be sure, many employees entitled to sick time go to work ill anyway, out of dedication or at least a desire to project it. But the work-through-it ethic is shifting somewhat amid growing awareness about spreading sickness.


"Right now, where companies' incentives lie is butting right up against this concern over people coming into the workplace, infecting others and bringing productivity of a whole company down," said John A. Challenger, CEO of employer consulting firm Challenger, Gray & Christmas.


Paid sick day requirements are often popular in polls, but only four places have them: San Francisco, Seattle, Washington, D.C., and the state of Connecticut. The specific provisions vary.


Milwaukee voters approved a sick time requirement in 2008, but the state Legislature passed a law blocking it. Philadelphia's mayor vetoed a sick leave measure in 2011; lawmakers have since instituted a sick time requirement for businesses with city contracts. Voters rejected a paid sick day measure in Denver in 2011.


In New York, City Councilwoman Gale Brewer's proposal would require up to five paid sick days a year at businesses with at least five employees. It wouldn't include independent contractors, such as Zavala, who supports the idea nonetheless.


The idea boasts such supporters as feminist Gloria Steinem and "Sex and the City" actress Cynthia Nixon, as well as a majority of City Council members and a coalition of unions, women's groups and public health advocates. But it also faces influential opponents, including business groups, Mayor Michael Bloomberg and City Council Speaker Christine Quinn, who has virtually complete control over what matters come to a vote.


Quinn, who is expected to run for mayor, said she considers paid sick leave a worthy goal but doesn't think it would be wise to implement it in a sluggish economy. Two of her likely opponents, Public Advocate Bill de Blasio and Comptroller John Liu, have reiterated calls for paid sick leave in light of the flu season.


While the debate plays out, Emilio Palaguachi is recovering from the flu and looking for a job. The father of four was abruptly fired without explanation earlier this month from his job at a deli after taking a day off to go to a doctor, he said. His former employer couldn't be reached by telephone.


"I needed work," Palaguachi said after Friday's City Hall rally, but "I needed to see the doctor because I'm sick."


___


Associated Press writer Susan Haigh in Hartford, Conn., contributed to this report.


___


Follow Jennifer Peltz at http://twitter.com/jennpeltz


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Al Green: Turned down 'Together' time with Obamas


Al Green says if things had worked out, it would have been him serenading President Barack Obama and first lady Michelle at the inaugural ball.


Jennifer Hudson sang Green's classic "Let's Stay Together," leaving many to wonder why the soul legend wasn't singing his own hit for the first couple.


In a statement to The Associated Press, his representative said Green had been asked to sing, but scheduling conflicts prevented him from attending Monday's festivities. Green said he'd be honored to sing for the president in the future.


The Presidential Inaugural Committee did not immediately respond to a request for comment.


Obama famously sang a snippet of the song at an event last year that Green attended.


___


Nekesa Mumbi Moody is the AP's global entertainment and lifestyles editor. Follow her at http://www.twitter.com/nekesamumbi


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Area home sales up 19% in December









More than 7,000 consumers in the Chicago-area bought themselves a home last month, the best finish for the year since December 2006, just before the local housing market's bubble burst.

December sales of existing homes in the nine-county area rose 19.2 percent from a year ago, to 7,372 single-family homes and condominiums sold, the Illinois Association of Realtors reported Tuesday. The median price of $151,500 recorded for the month rose 4.5 percent, from $145,000 in December 2011.

In terms of volume, it was the best monthly performance for the market since December 2006, when 7,530 homes were sold. Twelve months later, in December 2007, the number of homes sold locally had plunged to 5,033.

While it showed improvement, last month's $151,500 median price was far below the December 2007 market high of $247,800.

Pricing recovery was even more evident within the city of Chicago, which recorded a 14.6 percent year-over-year increase in sales, to 1,806 properties sold at a median price of $185,000, up 19.4 percent from December 2011's $155,000.

The pricing improvement is largely a result of the continued shrinking inventory of quality homes on the market, which for months has meant homes are going under contract faster than they have in the past. Sellers of choice properties, whether they are in the traditional market or foreclosures, are fielding multiple offers from potential buyers.

"The 18.9 percent decrease in market time from the same time in 2011 shows a continued clearing of inventory, of both single-family homes and condominiums, which should prompt action among buyers and sellers and continue to promote home price stabilization," said Zeke Morris, president of the Chicago Association of Realtors.

Sales of Chicago condos swelled to 1,037 units sold, up 17.7 percent from a year ago, and the median sales price of $235,000 for a unit was up 28.8 percent from last year.

The median price is the point at which half the homes are sold for more and half for less.

"I believe we're going to have the most promising spring market we've had in years," said Zeke Morris, president of the Chicago Association of Realtors. "We can give (sellers) a slightly more confident expectation."

The pricing improvement is largely a result of the slim pickings of properties listed for sale, which for months has meant homes are going under contract faster than they have in the past.

Compared to a year ago, inventory has plunged. For instance, in Chicago, there were 14,183 homes for sale in December 2011. Last month, there were 8,036 listed properties, or 43.3 percent less. As a result, the average number of days it took to sell a Chicago home fell almost 19 percent year-over-year, to 77 days last month.

Sellers of choice properties, whether they are in the traditional market or foreclosures, are fielding multiple offers from potential buyers, both owner-occupants and investors.

"We have a lot of pending deals out there," said Mabel Guzman, an @properties real estate agent. "Sellers are holding onto their price, knowing they're the only thing in the market. People are going to get frustrated if there isn't enough product to buy."

For the year, 90,365 homes were sold in the Chicago area, a 26.7 percent increase from 2011, while the median price slipped 1.5 percent, to $160,000. In the city, the annualized median price rose 5.7 percent, to $185,000, for the 22,333 homes sold, a gain of 22.4 percent in sales volume.

According to the Federal Home Loan Mortgage Corp., the average commitment rate for a 30-year, fixed-rate mortgage in the Chicago area was 3.32 percent in December, compared with 3.33 percent in November and 3.94 percent in December 2011.

mepodmolik@tribune.com | Twitter @mepodmolik

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Obama lays out 2nd-term agenda

President Barack Obama exited his limousine for the traditional presidential walk in the inaugural parade from Capitol Hill to the White House. (Jan. 21)









WASHINGTON -- A confident President Barack Obama kicked off his second term on Monday with an impassioned call for a more inclusive America that rejects partisan rancor and embraces immigration reform, gay rights and the fight against climate change.

Obama's ceremonial swearing-in at the U.S. Capitol was filled with traditional pomp and pageantry, but it was a scaled-back inauguration compared to the historic start of his presidency in 2009 when he swept into office on a mantle of hope and change as America's first black president.

Despite expectations tempered by lingering economic weakness and a divided Washington, Obama delivered a preview of the priorities he intends to pursue - essentially, a reaffirmation of core liberal Democratic causes - declaring Americans “are made for this moment” and must “seize it together.”

His hair visibly gray after four years in office, Obama called for an end to the political partisanship that marked much of his first term in the White House in bitter fights over the economy with Republicans.

“We cannot mistake absolutism for principle, or substitute spectacle for politics, or treat name-calling as reasoned debate,” Obama said from atop the Capitol steps overlooking the National Mall.

Looking out on a sea of flags, Obama addressed a crowd estimated to be up to 700,000 people - less than half the record 1.8 million who assembled four years ago.

Speaking in more specific terms than is customary in an inaugural address, he promised “hard choices” to reduce the federal deficit without shredding the social safety net and called for a revamping of the tax code and a remaking of government.

When Obama raised his right hand and was sworn in by Chief Justice John Roberts, it was his second time taking the oath in 24 hours - but this time with tens of millions of people watching on television.

The president beamed as chants of “Obama, Obama!” rang out from the crowd.

Obama had a formal swearing-in on Sunday at the White House because of a constitutional requirement that the president take the oath on Jan. 20. Rather than stage the full inauguration on a Sunday, the main public events were put off until Monday.

During a triumphant parade down Pennsylvania Avenue to the White House, the president and first lady Michelle Obama thrilled wildly cheering onlookers by twice getting out of their heavily armored limousine and walking part of the way on foot, as they had done four years ago. Secret Service agents kept close watch.

In a speech of under 20 minutes, Obama, 51, sought to reassure Americans at the mid-point of his presidency and encourage them to help him take care of unfinished business. “Preserving our individual freedoms ultimately requires collective action,” he said.

Touching on volatile issues, Obama ticked off a series of liberal policies he plans to push in this second term.

Most surprising was a relatively long reference to the need to address climate change, which he mostly failed to do in his first four years.

“We will respond to the threat of climate change, knowing that the failure to do so would betray our children and future generations,” the president said.

On gay rights, Obama insisted: “Our journey is not complete until our gay brothers and sisters are treated like anyone else under the law.”

And in a nod to America's fast-growing Hispanic population that helped catapult him to re-election in November, he said there was a need to “find a better way to welcome the striving, hopeful immigrants who still see America as a land of opportunity.”

FACING PERSISTENT PROBLEMS

Obama, who won a second term by defeating Republican Mitt Romney after a bitter campaign, will now face many of the same problems that dogged his first four years: persistently high unemployment, crushing government debt and a deep partisan divide. The war in Afghanistan, which Obama is winding down, has dragged on for over a decade.

He won an end-of-year fiscal battle against Republicans, whose poll numbers have continued to sag, and appears to have gotten them to back down, at least temporarily, from resisting an increase in the national debt ceiling.

And Obama faces a less-dire outlook than he did when he took office in 2009 at the height of a deep U.S. recession and world economic crisis. The economy is growing again, though slowly.

But he still faces a daunting array of challenges.

Among them is a fierce gun-control debate inspired by a school massacre in Newtown, Connecticut, last month, a tragedy he invoked in his speech.

He said America must not rest until “all our children, from the streets of Detroit to the hills of Appalachia to the quiet lanes of Newtown, know that they are cared for, and cherished, and always safe from harm.”

Obama's appeals for bipartisan cooperation will remind many Americans of his own failure to meet a key promise when he came to power - to act as a transformational leader who would fix a dysfunctional Washington.

His speech was light on foreign policy, with no mention of the West's nuclear standoff with Iran, the civil war in Syria, dealings with an increasingly powerful China or confronting al Qaeda's continued threat as exemplified by the recent deadly hostage crisis in Algeria.

But Obama said: “We will show the courage to try and resolve our differences with other nations peacefully … We will support democracy from Asia to Africa; from the Americas to the Middle East, because our interests and our conscience compel us to act on behalf of those who long for freedom.”

U.S. Senate Republican leader Mitch McConnell, who had declared in 2010 that his top goal was to deny Obama re-election, congratulated the president and expressed a willingness to work together, saying a second term “represents a fresh start.”

But some Republicans responded skeptically. “It was a very, very progressive speech, to put it in the best possible light,” said Republican strategist Rich Galen. “He's not running for election anymore.”

Obama's ceremonial swearing-in fell on the same day as the national holiday honoring slain civil rights leader Martin Luther King Jr. - and the president embraced the symbolism. He took the oath with his hand on two Bibles - one from President Abraham Lincoln, who ended slavery, and the other from King.

After watching the rest of the parade from a bullet-proof VIP viewing stand in front of the White House, the Obamas planned to head to the two inaugural balls - rather than the 10 that were held in 2009.


DURBIN: PRIVATE PARTIES AND (MAYBE) BUDDY GUY


From dawn until dusk, Sen. Dick Durbin is scheduled to be among the constant companions of President Barack Obama, whom he joined starting with an early-morning church service near the White House.

After the swearing-in, Durbin, the No. 2 official at the Senate, said he found Obama's inaugural speech "beautiful."

"I thought he president really captured what the election was about, what the people were saying, we needed to come together -- 'We the People' and to really address the issues that are challenging our nation," said Durbin, a fellow Democrat.

After the inauguration speech, Obama and first lady Michelle Obama sat down as guests of honor at a traditional luncheon at the Capitol. Durbin was there, along with about other 200 high-level officials, including Supreme Court justices, Cabinet officials and congressional leaders.

At 9 o'clock tonight local time, Durbin said, he'll return to the White House to join the Obamas and a select group of friends, family and supporters at an exclusive celebration.

He indicated the timetable was fluid, since a similar party following the balls in 2009 didn't get going until about 11:30 p.m.

Will he make Chicago Mayor Rahm Emanuel's late-night blues party with guitarist Buddy Guy? That runs from 11 p.m. until 3 a.m. "Hope to stay awake long enough," the senator said.

Durbin, 69, a 30-year veteran of Congress, is up for re-election in 2014. He was an early supporter of Obama leading up to his 2008 run, when Democrats had to choose between candidates Obama and Hillary Rodham Clinton.

CHICAGOANS IN D.C. FEEL 'VESTED IN HIS SUCCESS'

Spencer Gould and his wife, Ardenia, of Chicago, arrived at the Capitol early enough to get seats on the front row of their section, directly center of where the president took the oath of office.

For about a minute, Gould said, he considered staying at home in Chicago’s Roseland neighborhood, but quickly realized that he could be no place else but here. Four years ago, he said, he wanted to be part of the historical moment. This time, he came to show his support.

CROWD MAKES LONG DRIVES, BRAVES THE COLD

Hundreds of thousands congregated on the National Mall on Monday, many bundled in gloves and scarves against the cold. Some stopped in front of street vendors to buy buttons with President Obama’s face on them, inaugural coffee mugs or wool hats with Obama spelled in glass beads.

Some had driven all night Sunday to make it to the ceremony by this morning.

FIRST FAMILY'S FASHION CLOSELY WATCHED BY SOME

The American fashion industry held its breath on Inauguration Day for a series of Big Reveals.

Word came within minutes that the navy check coat and dress Michelle Obama wore to the morning prayer service at St. John's church was by American designer Thom Browne, to which she added a belt for the ceremonial swearing-in. Her shoes and accessories were J.Crew. Her necklace was by Cathy Waterman.Former Obama pastor in town

FORMER PASTOR WRIGHT OFFERS ADVICE

The Rev. Jeremiah Wright, the president's former Chicago pastor whose sermons touched off a firestorm in the 2008 political campaign, urged today that Barack Obama heed the words of the late Rev. Martin Luther King Jr. and transform the country into the world's "No. 1 purveyor of peace."

Wright, in the capital today but skipping the inauguration, recalled a speech by King during the Vietnam war, when the civil rights leader denounced the U.S. as "the greatest purveyor of violence in the world."

Tribune reporters Dahleen Glanton, Katherine Skiba, Reuters and the Los Angeles Times contributed.






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RIM shares rise to 13-month high on strategic review hopes


TORONTO (Reuters) - Shares of Research In Motion surged to a 13-month high on Monday after its chief executive said the company may consider strategic alliances with other companies after the launch of devices powered by RIM's new BlackBerry 10 operating system.


In an interview with a German newspaper on Monday, Thorsten Heins, the chief executive, said RIM's ongoing review could potentially lead to the sale of its handset business or the licensing of its software to rival smartphone companies.


"The main thing for now is to successfully introduce Blackberry 10. Then we'll see," Heins was reported as saying.


The company, set to launch its new line of devices on January 30, played down the significance of the comments, saying that Heins's comments were in line with his prior statements.


"We do not have anything new to report on our strategic review at this time," said RIM spokesman Nick Manning.


The comments sent RIM's Toronto-listed shares up as much as 17.6 percent, with the shares up 15.3 percent at C$18.12 at 1400 ET. The company's typically more-active Nasdaq-listed shares were not being traded on Monday because U.S. financial markets were closed for a public holiday.


RIM announced a far-reaching strategic review last May in which it was widely expected to examine all options, from software licensing deals to an outright sale of the company.


The company virtually invented mobile email with its first BlackBerry devices more than a decade ago, but its market share has evaporated as consumers have flocked to Apple Inc's iPhone and devices based on Google's Android operating system. RIM now hopes its revamped line of touchscreen and keyboard devices will help it win back market share.


RIM shares are down almost 90 percent from an all-time high of over C$150 in 2008, but the stock has rallied in the last four months as the launch of the BlackBerry 10 devices nears. Its shares have nearly tripled in value since dipping as low as C$6.10 in late September.


The stock rose more than 6 percent on Friday alone, after an influential analyst raised his rating on the company and said that the BlackBerry 10 operating system performed as well or better than rivals in recent tests.


Byron Capital analyst Tom Astle on Monday raised his price target on RIM shares to C$18 from C$14.


"There are several emerging datapoints that suggest this may be a more successful product cycle than many expected," said Astle in a note to clients.


(Reporting by Euan Rocha; Editing by Frank McGurty and Leslie Adler)



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