Business Stories from October 18, 2012 (Change date)
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Sprint seeks majority control of ClearwireOct 18, 2012 12:07 pm - NEW YORK — Flush with the promise of cash from a Japanese investor, Sprint Nextel Corp. on Thursday said that it wants to buy out the founder of Clearwire Corp. to gain ...
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Gasoline prices — finally — begin to slideOct 19, 2012 8:28 am - NEW YORK — Gasoline prices have finally begun their seasonal slide. Better late than never. The national average retail price has fallen for ten straight days and is no...
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Duke starting to test Indiana gasification plantOct 18, 2012 11:44 am - EDWARDSPORT, Ind. — Duke Energy says it is ready to start testing major parts of the troubled coal-gasification plant it’s building in southwestern Indiana. Duke offici...
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Average debt up again for new college gradsOct 19, 2012 9:32 am - It’s the latest snapshot of the growing burden of student debt and it’s another discouraging one: Two-thirds of the national college class of 2011 finished school with l...
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Drought conditions ease in key Midwest farm statesOct 19, 2012 5:24 am - ST. LOUIS — Recent storms have eased drought conditions in several key Midwest farming states where the corn harvest is wrapping up. The U.S. Drought Monitor’s weekly up...
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Compounding pharmacies seek to shake stigmaOct 18, 2012 11:45 am - LAFAYETTE, Ind. — Before federal agencies and state lawmakers engage in any crackdown on regulations for specialty and compounding pharmacies, those running such facilit...
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Venture capital firm to open Chicago officeOct 20, 2012 10:00 am - A leading venture capital firm is opening an office in Chicago, giving a boost to Mayor Rahm Emanuel’s efforts to attract high-tech businesses and entrepreneurs to the c...
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Oakbrook Terrace-based Geneca aims to make journaling betterOct 19, 2012 12:12 pm - Oakbrook Terrace-based Geneca CEO Joel Basgall enjoys journaling. He has shelves full of journals. A lot of executive management and other types of classes encourage jou...
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Nokia loss widens to $1.27 billion in Q3Oct 18, 2012 12:08 pm - HELSINKI — Nokia Corp. said Thursday that its third-quarter net loss widened to $1.27 billion as revenue plunged 19 percent compared with the same time last year and sal...
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Newsweek ending print edition, job cuts expectedOct 19, 2012 9:45 am - NEW YORK — Newsweek plans to end its print publication after 80 years and will shift to an all-digital format aimed at online users starting in early 2013. Job cuts are ...