Business Stories from November 20, 2012 (Change date)
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Riverside Square developer indictedNov 21, 2012 1:32 pm - A former Algonquin homebuilder responsible for the collapse of the commercial and residential property development Riverside Square is facing federal bank fraud charges....
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US, Mexico sign rules on sharing Colorado RiverNov 21, 2012 7:25 am - CORONADO, Calif. — The United States and Mexico agreed Tuesday to rewrite rules on sharing water from the Colorado River, capping a five-year effort to create a united f...
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Naperville chamber picks new president to lead youth movementNov 21, 2012 7:25 am - The new Naperville Area Chamber of Commerce president and CEO hopes to breathe new life into the organization and be a voice for the city’s young entrepreneurs. The cham...
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Hawthorn Woods public hearingsNov 20, 2012 2:55 pm - Hawthorn Woods officials have set public hearings for Nov. 26 and 27 at 7 p.m. on electric aggregation and the draft Plan of Operations and Governance. Contact Chief Fin...
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Tellabs plans ‘active’ buyback after shares fall to 19-year lowNov 21, 2012 7:25 am - Tellabs Inc., the Naperville-based the telephone-network equipment manufacturer that lost its top executive to cancer this year, will actively repurchase as much as $224...
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GE buys 2,000 Ford plug-in hybrids for fleetNov 20, 2012 12:51 pm - DEARBORN, Mich. — GE is buying 2,000 plug-in hybrid cars from Ford for its corporate fleet. Ford and GE announced the purchase of the C-Max Energi hybrid Tuesday. GE ha...
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Smaller Mill Creek expansion gets OK from county committeeNov 22, 2012 7:08 am - A plan to grow Mill Creek by 268 apartments and 15,000 square feet of commercial space won the approval of a Kane County committee Tuesday morning, but a new stipulation...
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Ex-hedge fund trader charged in $276M insider ployNov 21, 2012 7:25 am - NEW YORK — A former hedge fund portfolio manager was arrested Tuesday in what prosecutors are calling perhaps the most lucrative insider trading scheme of all time — an ...
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Bernanke warns Congress to avoid ‘fiscal cliff’Nov 21, 2012 4:49 am - WASHINGTON — Federal Reserve Chairman Ben Bernanke on Tuesday urged Congress and the Obama administration to strike a budget deal to avert tax increases and spending cut...
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Stocks end flat after HP shocker and Fed warningNov 21, 2012 7:25 am - NEW YORK — Falling oil prices and a surprise announcement from Hewlett-Packard weighed on technology and energy stocks Tuesday. HP plunged 12 percent after executives s...
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