Business Stories from October 7, 2011 (Change date)
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Debt collectors with public contracts pay $4M in penaltiesOct 08, 2011 8:42 pm - WASHINGTON — Two private debt collection companies that work for the Education Department paid more than $4 million combined in civil penalties in the past year after an...
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Food-price declines won’t help feed hungry as dollar strengthensOct 09, 2011 3:57 pm - Lower food prices may be of no help to the world’s hungry people because a stronger dollar might limit purchasing power, according to the United Nations’ Food and Agricu...
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Chemical makers say BPA no longer used in bottlesOct 10, 2011 5:44 am - WASHINGTON — Makers of the controversial chemical bisphenol-A have asked federal regulators to phase out rules that allow its use in baby bottles and sippy cups, saying ...
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Charles Industries hires telcom vice presidentOct 10, 2011 5:44 am - Marketwire ROLLING MEADOWS — Charles Industries has hired Joseph T. (Joe) Burke, Jr. as vice president of telecom sales. With 25 years’ experience in telecommunications ...
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Caterpillar opens expanded facility in North CarolinaOct 10, 2011 5:44 am - PRNewswire PEORIA — Caterpillar employees, along with North Carolina Governor Bev Perdue and other state and local officials, celebrated the grand opening of the company...
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ECC building earns design awardOct 10, 2011 5:54 am - The Itasca architecture firm that transformed two light industrial buildings on Elgin Community College’s campus into one high-tech space earned high marks from the loca...
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ADM announces gift to clean rivers organizationOct 07, 2011 7:00 am - DECATUR, Ill. — Decatur-based agricultural processor Archer Daniels Midland Co. is giving $125,000 to a nonprofit that promotes the health of the nation’s inland waterwa...
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Fitch cuts Spain, Italy credit ratingsOct 09, 2011 3:57 pm - Spain and Italy, the euro region’s fourth- and third-largest economies, were downgraded by Fitch Ratings on concern they will struggle to improve their finances as Europ...
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Labor Chief Says U.S. Headed in ‘Right Direction’ on JobsOct 07, 2011 9:55 am - U.S. Labor Secretary Hilda Solis said a government report showing employers added 103,000 jobs in September “is a good indication that we’re going in the right direction...
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Material Sciences’ 2Q sales up on strong demandOct 08, 2011 8:55 am - PRNewswire ELK GROVE VILLAGE — Material Sciences Corporation, a provider of material-based solutions for acoustical and coated metal applications, said net sales for the...