Business Stories from August 24, 2011 (Change date)
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Lehman paid managers, lawyers $28.6 million in JulyAug 24, 2011 6:47 am - Lehman Brothers Holdings Inc., whose bankruptcy fees are approaching $1.4 billion, paid lawyers and managers $28.6 million in July. Restructuring firm Alvarez & Marsal L...
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Arlington Hts. firm makes entrepreneur listAug 25, 2011 5:28 am - Arlington Heights-based Paylocity has been named to the Inc. Magazine 5000 list recognizing independent entrepreneurs. This is the seventh year Inc. has recognized Payl...
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States may get second chance at insurance exchangeAug 24, 2011 5:48 am - HELENA, Mont. — The Obama administration says states that have not adopted their own insurance exchanges may get a second chance to avoid one run by the U.S. government....
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Hertz, GE partner in China electric autos ventureAug 24, 2011 6:47 am - SHANGHAI — Rental car company Hertz Global Holdings says it plans to partner with General Electric in offering electric vehicles in China and expanding the charging netw...
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Noodles & Company clears hurdle in Rolling MeadowsAug 25, 2011 5:28 am - A new Noodles & Company restaurant is one step closer to coming to Rolling Meadows after the city council approved a first reading of a request to add a sign for it in t...
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CBO: Budget deficit down slightlyAug 25, 2011 5:28 am - WASHINGTON — The federal budget deficit will hit $1.28 trillion this year, down slightly from the previous two years, with even bigger savings to come over the next deca...
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Toll Brothers’ 3Q net income rises, revenue dropsAug 24, 2011 6:47 am - HORSHAM, Pa. — Toll Brothers Inc. said Wednesday that its fiscal third-quarter net income rose 54 percent, partly helped by a higher tax benefit. But the nation’s bigges...
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New Schaumburg baseball team on its second ownerAug 25, 2011 5:28 am - Pat Salvi, brother of former Illinois state rep. Al Salvi, has bought the new Schaumburg professional baseball team that will make its debut in 2012. Schaumburg village ...
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