Business Stories from October 11, 2011 (Change date)
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Grainger divests joint venture in S. KoreaOct 13, 2011 11:34 am - PRNewswire METTAWA — Grainger said it has divested its 49 percent stake in MRO Korea to affiliates of its former partner, SK Networks, for $12 million, resulting in a ne...
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Con-way Multimodal opens office in ArkansasOct 13, 2011 12:00 am - AURORA — Con-way Multimodal, a division of Con-way Inc.'s operating unit Menlo Worldwide Logistics, has opened a new branch office in Bentonville, Ark., at 609 Southwest...
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Gov't pulls back on junk food marketing proposalOct 13, 2011 6:49 am - WASHINGTON — Tony the Tiger and Toucan Sam can rest easy. Government officials fine-tuning guidelines for marketing food to children say they won't push the food industr...
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Credit managers for manufacturers see less U.S. recession riskOct 12, 2011 6:47 pm - The U.S. manufacturing industry rebounded in September from its lowest level since December 2009, helping to defy concerns about a double-dip recession. The Credit Manag...
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PepsiCo 3Q profit climbs on snack, beverage salesOct 12, 2011 1:46 pm - PURCHASE, N.Y. — PepsiCo Inc.'s third-quarter profit rose 4 percent because of higher prices and strong sales of its snacks and beverages, especially overseas. Food and ...
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EU raises stakes in crisis with new planOct 12, 2011 6:46 pm - BRUSSELS — The European Union hopes to push its member states to take firmer action on the debt crisis when it presents Wednesday a broad new plan to fight market turmoi...
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KONE awarded New York City subway projectOct 13, 2011 11:34 am - PRNewswire LISLE — KONE has been awarded an order by Skanska USA Civil Northeast Inc. to supply nine heavy-duty transit escalators and two custom-inclined elevators as p...
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Skomra joins Morey Corp. in new VP positionOct 12, 2011 10:53 am - PRNewswire WOODRIDGE — The Morey Corp. has named Stewart Skomra as vice president of product management and market development. This ew position in Morey's executive tea...
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Synergy Flavors acquires Sethness GreenleafOct 12, 2011 10:53 am - PRNewswire WAUCONDA — Synergy Flavors, a maker of flavors for the food and beverage industry, said it has acquired Chicago-based Sethness Greenleaf. Terms of the acquis...
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Swiss bank confirms staff indicted in U.S. tax caseOct 12, 2011 6:47 pm - GENEVA — One current and one former employee at the Swiss private bank Julius Baer have been indicted in the United States in a $600 million tax evasion case. A Julius B...
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