Business Stories from October 24, 2012 (Change date)
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US suit alleges ‘brazen’ fraud at CountrywideOct 25, 2012 3:50 pm - NEW YORK — The latest federal lawsuit over alleged mortgage fraud paints an unflattering picture of a doomed lender: Executives at Countrywide Financial urged workers to...
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Mass. officials find problems at pharmacyOct 24, 2012 10:43 am - BOSTON — Water from a leaking boiler collected just outside a room that was supposed to be sterile. Floor mats used by technicians were filled with dirt and debris. Drug...
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Rolling Meadows asks residents about privitizing garbageOct 25, 2012 1:38 pm - It seems the Rolling Meadows referendum on privatizing refuse collection would be just a matter of dollars and cents. But garbage can be an emotional issue in the suburb...
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Nationwide list of hacked Barnes & Noble storesOct 25, 2012 3:50 pm - Bookseller Barnes & Noble Inc. said Tuesday devices customers use to swipe credit and debit cards were tampered with in 63 of its stores. The company provided a list of ...
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4 Northwest suburban stores affected by Barnes & Noble PIN pad tamperingOct 25, 2012 7:43 am - Barnes & Noble Inc. said Wednesday the tampering of devices used by customers to swipe credit and debit cards in 63 of its stores — including seven in Illinois — was a “...
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BBC scandal raises questions for incoming NYT bossOct 24, 2012 2:22 pm - LONDON — The child abuse scandal that has enveloped one of Britain’s most respected news organizations is now hitting one of America’s, as the incoming president of The ...
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U.S. new-home sales rise to highest in 2½ yearsNov 02, 2012 1:01 pm - WASHINGTON — U.S. sales of new homes jumped last month to the highest level in more than two years, further evidence of a sustained housing recovery that could help lift...
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Stocks stabilize on Wall Street after a sell-offOct 25, 2012 11:33 am - NEW YORK — The steep losses finally stopped Wednesday as the stock market turned calm, a day after one of its biggest sell-offs of the year. Major indexes wavered betwee...
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Eli Lilly 3Q profit climbs 7 pct, revenue slidesOct 24, 2012 9:25 am - INDIANAPOLIS — Eli Lilly’s third-quarter earnings climbed 7 percent, as a drop in expenses and a payment from a former partner helped offset an 11 percent slide in reven...
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Boeing benefits from faster airplane deliveriesOct 25, 2012 7:40 am - Boeing is cranking out planes faster, and it’s paying off. The big U.S. aerospace company is on track to meet delivery targets for the year, and on Wednesday raised its...