Business Stories from August 27, 2012 (Change date)
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M&T Bank to buy Hudson City BancorpAug 28, 2012 7:12 am - NEW YORK — M&T Bank, which counts Warren Buffett’s Berkshire Hathaway among its largest investors, agreed to buy Hudson City Bancorp for about $3.7 billion to expand in ...
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Drought-driven food costs may damp consumer sentimentAug 28, 2012 7:12 am - The worst U.S. drought in at least 50 years may restrain consumer confidence and spending as it pushes Americans’ grocery bills higher later this year. Food prices will ...
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Apple victory means smartphone changes for consumersAug 28, 2012 7:09 am - WASHINGTON — Apple’s big court victory against Samsung on Friday is expected to trickle down to consumers, affecting the creation of future mobile technology and potenti...
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On a quiet day, Apple rules the stock marketAug 28, 2012 7:09 am - NEW YORK — The biggest story in the stock market Monday was Apple, but that wasn’t saying much. Stocks barely moved. Trading was light, even by the slumberous standards ...
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Navistar replaces CEO with ex-Textron chiefAug 28, 2012 1:16 pm - Bloomberg News Navistar International Corp., the Lisle-based truck maker facing an inquiry from regulators, replaced Chief Executive Officer Dan Ustian with Lewis Campbe...
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German business confidence down more than expectedAug 27, 2012 8:42 am - FRANKFURT, Germany — German business optimism fell more than expected in August, according to the Ifo survey published Monday, another sign that Europe’s largest economy...
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Add microloans to small business financing optionsAug 27, 2012 7:25 am - Debi Thomas found startup money watching a TV program about The Boston Beer Co. Turns out the Massachusetts brewer, best known for its Samuel Adams craft beers, connects...
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Wheaton pharmacist recalls changes in professionAug 27, 2012 7:25 am - Wheaton resident Ray Kelly has seen his profession change radically in his nearly 40 years as a result of advances in technology and medicine. The career-long pharmacist...
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Piano school fills a need in the Fox ValleyAug 27, 2012 7:15 am - An interview with David Kellen, owner of Studio K Music with locations in Geneva and Oswego. Q: Describe your business. What do you do? A: Studio K Music is a piano/keyb...
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Julius Baer says employee stole data on German offshore clientsAug 27, 2012 9:21 am - Julius Baer Group Ltd., the Swiss wealth manager established in 1890, is contacting wealthy German customers after an employee stole information on their offshore bank a...