Business Stories from August 14, 2012 (Change date)
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Looming spending cuts hit more than defenseAug 15, 2012 6:58 am - WASHINGTON — It’s not just the Pentagon and defense contractors that face a funding crisis from broad government spending cuts in January. Domestic programs are on the c...
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U.S. wholesale prices rose 0.3 percent in JulyAug 14, 2012 11:55 am - WASHINGTON — U.S. wholesale prices increased in July from June. Higher auto and food costs were offset by a drop in energy prices. The producer price index, which measur...
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Arlington Hts. Riveria gives way to hot dogsAug 15, 2012 2:09 pm - The Riviera Restaurant, a staple for more than 30 years in downtown Arlington Heights, is gone. Its replacement at 5 W. Campbell St, Campbell Street Hot Dogs ‘N’ More, ...
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Mundelein's Blue 60 to keep liquor licenseAug 15, 2012 10:19 am - Despite repeated legal problems, Mundelein's Blue 60 restaurant and bar can continue to serve alcohol — but the operators must make some changes, village officials said....
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Helen Gurley Brown, the original Carrie BradshawAug 15, 2012 8:00 am - NEW YORK — Before there was “Sex and the City,” there was “Sex and the Single Girl.” And before there was Carrie Bradshaw, there was Helen Gurley Brown. True, Carrie, th...
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U.S. retail sales rose solid 0.8 percent in JulyAug 15, 2012 12:47 pm - WASHINGTON — Hopes that the economy may emerge from its slump got a lift Tuesday from a report that Americans increased their spending at retailers in July by the most i...
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Luxury cars do poorly in new crash testsAug 15, 2012 12:47 pm - DETROIT — Most midsize luxury cars — including the Mercedes-Benz C-Class — performed poorly in a new frontal crash test developed by the Insurance Institute for Highway ...
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Number of new credit cards issued up 4 pct in 2QAug 14, 2012 11:51 am - LOS ANGELES — Americans are carrying more credit card debt than a year ago, yet the late-payment rate for card holders remains near an 18-year low, an analysis of consum...
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Oil prices up ahead of US retail sales dataAug 14, 2012 7:36 am - The price of oil inched up above $93 a barrel as the market looked ahead to the release of data on U.S. oil stockpiles and retail sales later Tuesday. By early afternoon...
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Deals fatigue? Groupon stock 27 percent downAug 15, 2012 6:58 am - LOS ANGELES — Groupon's stock is 27 percent cheaper Tuesday, but that doesn't make it a bargain. Its stock fell as analysts slashed targets and ratings on the online dea...