Business Stories from May 4, 2011 (Change date)
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Buffett boosts jewelry store sales to shareholdersMay 06, 2011 6:36 am - OMAHA, Neb. — Billionaire Warren Buffett's short time as a Borsheims salesman last weekend helped boost sales at the Omaha jewelry store his Berkshire Hathaway company ...
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Illinois to get nearly $3M in UBS settlementMay 06, 2011 8:03 am - Illinois cities, agencies and nonprofits are due nearly $3 million as part of a settlement with Switzerland's biggest bank to resolve allegations of rigging the bidding ...
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llinois offers incentive package to manufacturerMay 06, 2011 8:03 am - Gov. Pat Quinn says investment incentives the state is offering a packaging manufacturer should create 40 jobs in Illinois. Quinn announced the package for Winpak Portio...
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DuPage business leaders: Embrace change as we exit recessionMay 06, 2011 7:35 am - Although the current business climate in DuPage County is akin to a toddler — it's able to stand but not fully stable — things look hopeful as the economy works its way ...
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Sara Lee returns to a profit in 3rd quarter, may sell off moreMay 06, 2011 8:03 am - Downers Grove-based Sara Lee Corp. cut its full-year earnings outlook Thursday and said it is considering selling its international bakery and North American refrigerate...
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Bank of England holds key rate steady at 0.5 pctMay 06, 2011 8:03 am - LONDON — The Bank of England kept its key interest rate at a record low of 0.5 percent on Thursday amid sluggish economic growth and a surprise drop in the inflation ra...
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Wal-Mart remains atop Fortune 500 listMay 06, 2011 7:56 am - Wal-Mart remains atop Fortune 500 list CHRIS KAHN,AP Business Writer NEW YORK — Wal-Mart Stores Inc. remains atop the Fortune 500 list even as it struggled to keep its ...
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Portugal's politicians back $115 billion bailoutMay 05, 2011 6:53 am - LISBON, Portugal — Portugal's three main political parties have given their blessing to new austerity measures in return for a €78 billion ($115 billion) bailout. The p...
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More people sought unemployment benefits last weekMay 05, 2011 7:45 am - WASHINGTON — The number of people applying for unemployment benefits surged last week to the highest level in eight months, a sign the job market may be weakening. The ...
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Bernanke: Regulators challenged in spotting riskMay 05, 2011 4:38 pm - WASHINGTON — Regulators must better understand threats to the financial system to be able to prevent another crisis, Federal Reserve Chairman Ben Bernanke acknowledged ...
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