Agreement reached to end NHL lockout

By Chris Kuc




Tribune reporter

7:07 a.m. CST, January 6, 2013

The NHL and players association reached an agreement on the framework of a new collective bargaining agreement early Sunday morning, ending the lockout that began Sept. 15.

After a marathon session in New York, league commissioner Gary Bettman and NHLPA Executive Director Donald Fehr announced the deal.

"We have to dot a lof of the I's and cross a lot of T's," Bettman told reporters in New York. "There is still a lot of work to be done, but the basic framework has been agreed upon."

There will be a ratification process and the league Board of Governors and player will have to officially approve the new CBA, which reportedly will run 10 years.

"Any process like this in the system we have is difficult," Fehr told reporters. "We have the framework of a deal. We have to do the legal work ... and we'll get back to what we used to call busuness as usual just as fast as we can."

The final push during talks which lasted 16 hours was led by a federal mediator that helped the sides bridge the final gap on several key issues, including contract terms, salary cap and pensions.

Details on when the season will begin and how many games each team will play haven't been announced, but it is possible a 48-50-game schedule could begin Jan. 19 or even a few days sooner.

ckuc@tribune.com

Twitter @ChrisKuc

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News Summary: Tablet-tailored search engine debuts

TAILORED FOR TABLETS: Izik is billed as the first search designed especially for iPads and tablet computers running on Google Inc.‘s Android software. Free Izik apps for those devices were released Friday.

CAPSULE CATERING: For the more visual format of tablets, Izik displays search results in rows of capsules that can be easily scrolled with the swipe of a finger. This contrasts to showing a stack of blue links, the industry standard for laptops and desktops.

GOODBYE GOOGLE? Blekko, the maker of Izik, hopes people will break the Google search habit as tablets supplant traditional computers for Web surfing.

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”Zero Dark Thirty” screenplay among Writers Guild nominees

LOS ANGELES (Reuters) – The writers of controversial Osama bin Laden thriller “Zero Dark Thirty” and of the presidential drama “Lincoln” won nominations on Friday for the Writers Guild Awards, as momentum built in Hollywood ahead of the Oscars in February.

The screenplays for Iran hostage drama “Argo,” cult movie “The Master,” quirky comedy “Silver Linings Playbook,” and shipwreck tale “Life of Pi” also won nods from the Writers Guild of America for honors either as adapted or original movie screenplays.

The field of 10 feature film screenplays was rounded out by “Flight,” “Looper,” Wes Anderson‘s “Moonrise Kingdom,” and coming of age movie “The Perks of Being a Wallflower.”

“Zero Dark Thirty” screenplay writer Mark Boal has come under fire from some U.S. politicians over the film’s depiction of the role torture may have played in the hunt for the al Qaeda leader, and for the origins of his source material in reconstructing the 10-year effort to track down and kill bin Laden in May 2011 by U.S. special forces.

The film makers have denied being leaked classified material and say the film shows that no single method was responsible for leading to the capture of bin Laden.

The Writers Guild Awards, a key indication of Hollywood sentiment ahead of the Oscars, will be handed out at simultaneous ceremonies in Los Angeles and New York on February 17, one week before the February 24 Academy Awards ceremony.

(Reporting By Jill Serjeant; Editing by Vicki Allen)

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Despite New Health Law, Some See Sharp Rise in Premiums

Health insurance companies across the country are seeking and winning double-digit increases in premiums for some customers, even though one of the biggest objectives of the Obama administration’s health care law was to stem the rapid rise in insurance costs for consumers.

Bob Chamberlin/Los Angeles Times

Dave Jones, the California insurance commissioner, said some insurance companies could raise rates as much as they did before the law was enacted.

Particularly vulnerable to the high rates are small businesses and people who do not have employer-provided insurance and must buy it on their own.

In California, Aetna is proposing rate increases of as much as 22 percent, Anthem Blue Cross 26 percent and Blue Shield of California 20 percent for some of those policy holders, according to the insurers’ filings with the state for 2013. These rate requests are all the more striking after a 39 percent rise sought by Anthem Blue Cross in 2010 helped give impetus to the law, known as the Affordable Care Act, which was passed the same year and will not be fully in effect until 2014.

 In other states, like Florida and Ohio, insurers have been able to raise rates by at least 20 percent for some policy holders. The rate increases can amount to several hundred dollars a month.

The proposed increases compare with about 4 percent for families with employer-based policies.

Under the health care law, regulators are now required to review any request for a rate increase of 10 percent or more; the requests are posted on a federal Web site, healthcare.gov, along with regulators’ evaluations.

The review process not only reveals the sharp disparity in the rates themselves, it also demonstrates the striking difference between places like New York, one of the 37 states where legislatures have given regulators some authority to deny or roll back rates deemed excessive, and California, which is among the states that do not have that ability.

New York, for example, recently used its sweeping powers to hold rate increases for 2013 in the individual and small group markets to under 10 percent. California can review rate requests for technical errors but cannot deny rate increases.

The double-digit requests in some states are being made despite evidence that overall health care costs appear to have slowed in recent years, increasing in the single digits annually as many people put off treatment because of the weak economy. PricewaterhouseCoopers estimates that costs may increase just 7.5 percent next year, well below the rate increases being sought by some insurers. But the companies counter that medical costs for some policy holders are rising much faster than the average, suggesting they are in a sicker population. Federal regulators contend that premiums would be higher still without the law, which also sets limits on profits and administrative costs and provides for rebates if insurers exceed those limits.

Critics, like Dave Jones, the California insurance commissioner and one of two health plan regulators in that state, said that without a federal provision giving all regulators the ability to deny excessive rate increases, some insurance companies can raise rates as much as they did before the law was enacted.

“This is business as usual,” Mr. Jones said. “It’s a huge loophole in the Affordable Care Act,” he said.

While Mr. Jones has not yet weighed in on the insurers’ most recent requests, he is pushing for a state law that will give him that authority. Without legislative action, the state can only question the basis for the high rates, sometimes resulting in the insurer withdrawing or modifying the proposed rate increase.

The California insurers say they have no choice but to raise premiums if their underlying medical costs have increased. “We need these rates to even come reasonably close to covering the expenses of this population,” said Tom Epstein, a spokesman for Blue Shield of California. The insurer is requesting a range of increases, which average about 12 percent for 2013.

Although rates paid by employers are more closely tracked than rates for individuals and small businesses, policy experts say the law has probably kept at least some rates lower than they otherwise would have been.

“There’s no question that review of rates makes a difference, that it results in lower rates paid by consumers and small businesses,” said Larry Levitt, an executive at the Kaiser Family Foundation, which estimated in an October report that rate review was responsible for lowering premiums for one out of every five filings.

Federal officials say the law has resulted in significant savings. “The health care law includes new tools to hold insurers accountable for premium hikes and give rebates to consumers,” said Brian Cook, a spokesman for Medicare, which is helping to oversee the insurance reforms.

“Insurers have already paid $1.1 billion in rebates, and rate review programs have helped save consumers an additional $1 billion in lower premiums,” he said. If insurers collect premiums and do not spend at least 80 cents out of every dollar on care for their customers, the law requires them to refund the excess.

As a result of the review process, federal officials say, rates were reduced, on average, by nearly three percentage points, according to a report issued last September.

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Chicago restaurateurs shrug off economic worries

Chicago may have lost a few of its Michelin-starred restaurants in 2012 and waved goodbye to the inimitable Charlie Trotter's, but the higher-end restaurant scene is powering up in ways not seen since prerecession days, according to industry players and observers.

Local operators with a hit or two are embarking on ambitious ventures, though keeping an eye on startup costs and menu prices. A handful of chefs with established followings, among them Curtis Duffy and Iliana Regan, are sticking out their necks with riskier fine-dining ventures. And some prominent out-of-towners are investing on a grand scale, with a Del Frisco's Double Eagle Steakhouse just opened in the former Esquire Theater on Oak Street, and an Italian food and wine marketplace, Eataly, planned for the former ESPN Zone site in River North.

The flurry of activity is seen by some as a signal the economy has stabilized, at least for now.

"People are out spending money again, and corporations are hosting expensive dinners again, and there was a period when that was not happening," said Neil Stern, senior partner at McMillanDoolittle, a retail consultancy. "It affects the high end significantly."

Still, the bubbling of enthusiasm for the upper end of the market is something of an anomaly. The rebound in Chicago restaurant startups across all price ranges is tenuous. The city issued 1,458 new retail food licenses in 2012, only 11 more than in 2010 and below the 1,589 issued in 2007, the year leading into the recession.

Just as there are new arrivals, there were some big losses last year in this notoriously volatile business. Notable exits include Charlie Trotter's, Crofton on Wells, Il Mulino, One Sixtyblue, Pane Caldo and Ria at the Waldorf Astoria, one of several luxury hotels to step away from fine dining.

Weak economic conditions played a role for some, and the forecast for 2013 remains uncertain.

"It's a precarious market, and one economic blip really can take demand out of the market very, very quickly," Stern said.

Still, upscale-restaurant operators are moving ahead, betting on Chicagoans' seemingly endless fascination with food trends, dining out and the city's robust roster of accomplished chefs.

"When I was a child, people would go to each other's homes for a dinner party every week and would rarely go to restaurants — now it is almost the opposite," said David Flom, who with his business partner Matthew Moore hit a grand slam with Chicago Cut Steakhouse in River North, which opened in 2010. Steaks range from $34 to $114; soup, salad, sauces, vegetables and potatoes all are extra.

In December, they opened The Local at the Hilton Suites in Streeterville, a more modestly priced venue where executive chef Travis Strickland, formerly of the Inn at Blackberry Farm, is serving locally sourced comfort food. Meatloaf made with prime dry-aged beef goes for $24, rotisserie chicken pot pie for $22.

"People can use The Local as an everyday restaurant," Flom said. "People can say, 'Let's just grab a burger at The Local.' It doesn't have to be $100 a person, it can be $25."

At Chicago Cut, the average check, per person, is $82, including drinks, versus $44 at The Local, he said.

Industry observer Ron Paul, president and CEO of Technomic Inc., said he is particularly intrigued by the growing strength of such emerging independents, who are nipping at the heels of Lettuce Entertain You Enterprises Inc., even as that homegrown powerhouse continues to churn out winning concepts.

As restaurant real estate broker Randee Becker, president of Restaurants!, put it: "People who are doing north of $8 million to $10 million of sales are expanding in a big way."

After establishing a high-style, large-scale foothold in River North with the opening of Epic in 2009, proprietors Steve Tavoso and Jeff Krogh last fall embarked on a second act in the neighborhood. They engaged prominent chefs — Thomas Elliott Bowman and Ben Roche, who worked together at Moto — but kept their initial investment more modest this time.

Their latest entry, the eclectic Baume & Brix, opened last fall in the former Rumba space, which had most of the necessary mechanical, electrical, plumbing and kitchen elements in place. Startup costs were about $1.5 million, compared with more than $5 million spent to open Epic. "I took raw space (for Epic) — I would never do that again," Tavoso recalled.

Mercadito Hospitality, whose Chicago offerings include high-energy Latin American tapas spots Mercadito and Tavernita, also is watching its pennies on startups, its most recent being Little Market Brasserie in the Talbott Hotel. Led by chef/partner Ryan Poli, the restaurant has quietly opened with a Parisian decor and American small plates. Its grand opening is expected Jan. 18.

"We are aware of the fact the economy is not fully recovered, so we try to keep our expenses down without sacrificing quality," said managing partner Alfredo Sandoval.

The Chicago-based group intends to keep expanding. It just signed a lease at a River North spot with a 4 a.m. liquor license, with plans to open a drinks-focused venue there in 2013.

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Man shot by police on South Side

Police and paramedics at the scene of a police-involved shooting at the intersection of Harbor and S. South Chicago avenues. (Peter Nickeas / Chicago Tribune / January 5, 2013)

By Peter Nickeas




Tribune reporter

6:26 a.m. CST, January 5, 2013

A man was shot by Chicago police in the South Chicago neighborhood early Saturday morning after taking off from a traffic stop with three kids in the car, according to authorities.

Police pulled the car over on South South Chicago Avenue near Harbor Avenue and had the man and a passenger outside the car when the driver fought with police and made it back into the car, authorities said.

The man had a gun in his waistband, police said, and kept reaching for it while trying to speed away from police. The kids were in the backseat of the car the entire time, police said. 

An officer jumped in the car, on the passenger side, while it was moving and shot the man in his abdomen, Fraternal Order of Police Spokesman Patrick Camden said. The car, a maroon-colored Jaguar, came to rest on the curb at the corner of South South Chicago and Harbor, near a viaduct. 

The man was taken to Advocate Christ Medical Center but his condition wasn't available. 

The officers were "a little banged up," police said, and also taken to Advocate Christ Medical Center. Police didn't consider the wounds serious.

A squad car heading to the scene was involved in a car accident at 95th Street and Ewing Avenue after officers called "10-1" over their radio, which is an alert used when an officer is in distress.

The extent of their injuries wasn't immediately known and they too were checked out at Advocate Christ Medical Center. Check back for more information.

pnickeas@tribune.com
Twitter: @peternickeas 

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Cricketer Herath alive and bowling despite death rumors

SYDNEY (Reuters) – As Mark Twain might have said, rumors of the death of Sri Lankan spinner Rangana Herath which spread like wildfire across social media late on Friday proved to be greatly exaggerated.

Far from lying in a Sydney morgue alongside former test bowler Chaminda Vaas after perishing in a car crash as the reports had suggested, Herath was very much alive when he pitched up for work at the Sydney Cricket Ground on Saturday.

The most prolific wicket-taker in test cricket last year, the 34-year-old leg spinner claimed two Australian wickets to seal a haul of four for 95 and then contributed nine runs with the bat.

Team mate Dimuth Karunaratne told reporters at the conclusion of the day’s play that the team had been dumbfounded by the rumors.

“I heard about it when we having breakfast but I had no idea where that came from,” he said with a laugh.

“Guys from Sri Lanka were calling us asking ‘when is the funeral?’ and stuff like that.

“Rangana is alive,” he added, somewhat unnecessarily.

Herath’s efforts were not enough to prevent Australia taking an iron grip on the third test match on Saturday and move to the brink of a 3-0 series sweep.

That could all change, however, if he and Dinesh Chandimal, who finished the third day unbeaten on 22, are able to dig in on Sunday, inflate their lead beyond the current 87 and give Sri Lanka a decent target to bowl at.

The Sydney track has traditionally offered a lot of turn for spinners in the last couple of days of a test and, as Herath’s 60 wickets last year showed, there are few better spinners operating in test cricket at the moment.

“The wicket is turning a lot now and the Aussie guys are playing the fourth innings, so I think Rangana… can do something,” said Karunaratne.

Vaas has no position with the test team and remains, also unharmed, in Sri Lanka, Sri Lankan reporters said.

(Editing by John O’Brien)

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LA sisters Haim lead hopes of pop revival in 2013

LONDON (Reuters) – Three sisters from Los Angeles producing fun and infectious folk-pop could be the tonic that chart music needs to lift it from what some experts are calling a creative slump.

As music channels, journalists and record labels step up their search for the “next big thing” in 2013, the Fleetwood Mac-inspired Haim sisters have appeared in a growing number of lists produced at the start of each year.

They include MTV‘s “Brand New for 2013″ survey, the band topped BBC’s “Sound of 2013″ poll on Friday decided by over 200 experts and also appeared on the cover of music magazine NME’s new music edition out this week.

Matt Wilkinson, New Bands Editor at NME, was upbeat about indie music in 2013 because up-and-coming acts like Haim had the attitude to succeed unlike more “reluctant” stars of the past.

“The difference (from recent times) is that they want to be pop stars, want to be on the front of NME, want to create their own scene and want to be No. 1,” he told Reuters. “It’s been quite a long time since bands really wanted to do that.”

Haim is made up of Este, Alana and Danielle, all in their early- to mid-20s – as energetic as they are photogenic and signed to the Polydor label in Britain.

Dorian Lynskey of the Guardian praised their “fantastic, inventive songs”, and said they were part of a revival from “the current sickly condition of chart pop” dominated by familiar faces like Rihanna and producers David Guetta and Calvin Harris.

RETURN OF GUITAR HEROES?

Sharing NME’s new music cover with Haim is Palma Violets, a London-based indie quartet also longlisted on the BBC’s annual survey whose past winners include chart queen Adele and 50 Cent.

The death or otherwise of indie guitar rock has been discussed almost obsessively by the British music press over the years, but George Ergatoudis, head of music on BBC’s Radio 1, bravely predicted: “Rock and alternative guitar acts are going to find public taste swinging their way” in 2013.

If that is true, those set to benefit include two Birmingham acts – quartets Peace and Swim Deep – two London bands – female post-punk foursome Savages and alternative rockers Bastille, and two Irish acts, Kodaline and Little Green Cars.

As in previous years, one area with the biggest potential for topping charts around the globe is the single female act.

Whether or not inspired by the likes of Gaga, Rihanna, Nicki Minaj and beyond, a new crop of female performers-with-attitude has emerged ready to take on the world.

Creating the biggest stir so far is Angel Haze, a U.S. rapper whose sexually explicit lyrics and self assertive manner have put her on a path to stardom, helped by the success of her EP “Reservation” which draws on her Native American heritage.

“I will say to anyone’s face I am the best out there right now,” she said in a recent interview, with typical bluntness.

At the other end of the musical spectrum comes Gabrielle Aplin, a singer-songwriter who built up an online following by posting acoustic covers before signing to a major label.

Underlining the increasing crossover between merchandising and musical success, Aplin has already scored a No. 1 single hit in Britain with her cover of Frankie Goes to Hollywood’s “The Power of Love” which was used in a John Lewis commercial.

Somewhere in between falls Laura Mvula, whose powerful voice has earned comparisons from acts as diverse as Billie Holiday and Adele, and MTV has selected Ebony Day as its unsigned artist to watch this year.

There are precious few single male artists on the radar in early 2013.

Tom Odell appears on MTV‘s Brand New list, the BBC’s Sound Of survey and won the BRITs Critics’ Choice award for up-and-coming talent, while London rapper K Koke is included on Digital Spy’s “Ones to Watch” column and MTV.

ACCENT ON AUTHENTICITY

Duos are de rigueur in 2013 with British brothers Guy and Howard Lawrence of Disclosure delighting with their house music including new single “Latch”, and MS MR from New York the enigmatic pair who have music critics drooling.

“Prepare to be blown away,” wrote Paul Lester in the Guardian. “This duo could be the first superstars of chillwave.”

London electro pop pair AlunaGeorge have been championed by the same newspaper and were runner-up in BBC’s poll this year.

The surveys have a patchy track record in predicting chart success, and are crammed with dozens of acts already signed to record labels and so well on the way to success.

But they are closely watched by a music industry facing falling sales and desperate to spot the next Rihanna, Lady Gaga or One Direction.

While no one is suggesting the chart reign of Katy Perry, Justin Bieber and Taylor Swift is over, there is growing optimism about a new crop of acts who have commercial ambition as well as musical ability and originality.

“I think across all genres there is a thirst from the audience for authenticity, whether it’s from folk acts or rappers or dance artists,” said David Mogendorff, digital media director of talent and music at MTV International.

He was involved in drawing up the music channel’s “Brand New” list of 10 artists destined for greatness overseen by Anna Karatziva, head of talent and music at MTV UK. Voting for the winner is open at www.mtv.co.uk/brandnew from January 14-31.

Outside Britain and North America, K-pop sensation Psy will seek to build on his global hit “Gangnam Style” which became the first video on YouTube to reach one billion views last month.

Whether he can prove more than a one-hit wonder in the West remains to be seen, while other South Korean acts including Girls’ Generation are gearing up to follow in his footsteps.

NME has singled out Australia’s indie-dance duo Jagwar Ma for special attention, while Russian-German dance music producer Zedd has begun to make inroads in the U.S. market.

(Reporting by Mike Collett-White, editing by Paul Casciato)

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Scare Amplifies Fears That Clinton’s Work Has Taken Heavy Toll

Pool photo by Brendan Smialowski

Hillary Rodham Clinton with Field Marshal Mohamed Hussein Tantawi in Cairo in July.

WASHINGTON — When Secretary of State Hillary Rodham Clinton fractured her right elbow after slipping in a State Department garage in June 2009, she returned to work in just a few days. Her arm in a sling, she juggled speeches and a trip to India and Thailand with physical therapy, rebuilding a joint held together with wire and pins.

It was vivid evidence of Mrs. Clinton’s indomitable stamina and work ethic — as a first lady, senator, presidential candidate and, for the past four years, the most widely traveled secretary of state in American history.

But after a fall at home in December that caused a concussion, and a subsequent diagnosis of a blood clot in her head, it has taken much longer for Mrs. Clinton to bounce back. She was released from a hospital in New York on Wednesday, accompanied by her daughter, Chelsea, and her husband, former President Bill Clinton. On Thursday, she told colleagues that she hoped to be in the office next week.

Her health scare, though, has reinforced the concerns of friends and colleagues that the years of punishing work and travel have taken a heavy toll. Even among her peers at the highest levels of government, Mrs. Clinton, 65, is renowned for her grueling schedule. Over the past four years, she was on the road for 401 days and spent the equivalent of 87 full days on a plane, according to the State Department’s Web site.

In one 48-hour marathon in 2009 that her aides still talk about, she traveled from talks with Palestinian leaders in Abu Dhabi to a midnight meeting with Prime Minister Benjamin Netanyahu in Jerusalem, then boarded a plane for Morocco, staying up all night to work on other issues, before going straight to a meeting of Arab leaders the next morning.

“So many people who know her have urged me to tell her not to work so hard,” said Melanne S. Verveer, who was Mrs. Clinton’s chief of staff when she was first lady and is now the State Department’s ambassador at large for women’s issues. “Well, that’s not easy to do when you’re Hillary Clinton. She doesn’t spare herself.”

It is not just a matter of duty, Ms. Verveer and others said. Mrs. Clinton genuinely relishes the work, pursuing a brand of personal diplomacy that, she argues, requires her to travel to more places than her predecessors.

While there is no medical evidence that Mrs. Clinton’s clot was caused by her herculean work habits, her cascade of recent health problems, beginning with a stomach virus, has prompted those who know her best to say that she desperately needs a long rest. Her first order of business after leaving the State Department in the coming weeks, they say, should be to take care of herself.

Some even wonder whether this setback will — or should — temper the feverish speculation that she will make another run for the White House in 2016.

“I am amazed at the number of women who come up to me and tell me she must run for president,” said Ellen Chesler, a New York author and a friend of Mrs. Clinton’s. “But perhaps this episode will alter things a bit.”

Given Mrs. Clinton’s enduring status as a role model, Ms. Chesler said women would be watching which path she decides to take, as they plan their own transitions out of the working world.

“Do remember that women of our generation are really the first to have worked through the life cycle in large numbers,” she added. “Many seem to be approaching retirement with dread.”

For now, aides say, Mrs. Clinton’s focus is on wrapping up her work at the State Department. She would like to take part in a town hall-style meeting, thank her staff and sit for some interviews. But first she has to get clearance from her doctors, who are watching her to make sure that the blood thinners they have prescribed for her clot are working.

Speaking to a meeting of a foreign policy advisory board from her home in Chappaqua, N.Y., on Thursday, Mrs. Clinton said she was crossing her fingers and encouraging her doctors to let her return next week. “I’m trying to be a compliant patient,” she said, according to a person who was in the room. “But that does require a certain level of patience, which I’ve had to cultivate over the last three and a half weeks.”

While convalescing, Mrs. Clinton has spoken with President Obama and has held a 30-minute call with Senator John Kerry, Democrat of Massachusetts, whom Mr. Obama nominated as her successor.

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Shares in Jewel parent soar on report of deal

Stock in Jewel-Osco parent Supervalu soared 13.5 percent Friday on speculation that the company is on the brink of a deal with Cerberus Capital Management.

Shares for the Eden Prairie, Minn-based grocery company closed at $2.94.

Supervalu spokesman Mike Siemienas said the company is in talks with several suitors, though a deal is not assured.  A representative for Cerberus Capital Management, a New York-based investment firm, declined to comment for this story.

The Eden Prarie, Minn-based company, which also owns Albertsons, Cub, Acme and Save-A-Lot stores, said it was exploring strategic alternatives, including a sale, in July. Days later, Supervalu dismissed CEO Craig Herkert, and Chairman Wayne Sales stepped in to run the troubled grocer.

Supervalu sales and earnings have lagged those of competitors for years. In 2012, the company's stock price fell 69.6 percent and return on investment declined 68.6 percent, according to Bloomberg. Average stock prices in the broader consumer staples market rose 7.4 percent and returns gained 10.7 percent in the period.

For the fiscal year ended Feb. 25, Supervalu reported a loss of $1.04 billion, which included a $519 million operating loss and $509 million in interest expense. Sales declined 3 percent, to $27.9 billion. The company has carried an onerous debt load since buying Albertsons, which included Chicago's Jewel-Osco chain, in 2006, making Supervalu the subject of bankruptcy  speculation.

Cerberus is rumored to be in the mix to buy parts of the company. The firm has experience in the food retail sector and was an investor in the 2006 Albertsons deal. Cerberus still holds a stake in Albertsons and Strategic Restaurants, a Burger King franchisee with more than 250 restaurants.

eyork@tribune.com | twitter: @emilyyork

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