Business Stories from December 19, 2012 (Change date)
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IntercontinentalExchange to buy NYSE for $8.2 billionDec 21, 2012 4:29 am - NEW YORK — The New York Stock Exchange is being sold to a rival exchange for about $8 billion, ending more than two centuries of independence for the iconic Big Board. I...
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Grayslake man accused of stealing from AllstateDec 20, 2012 3:44 pm - A Grayslake man has been arrested after an investigation showed he took more than $700,000 from his former employer, according to the Cook County sheriff’s office. Ricar...
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Discounts abound as stores try to salvage seasonDec 20, 2012 9:16 am - NEW YORK — When it comes to fat holiday discounts, better late than never. This holiday shopping season, many stores haven’t been offering the same blockbuster deals as ...
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FedEx: cost plan can counter sluggish growthDec 20, 2012 6:31 am - NEW YORK — FedEx is more pessimistic about the U.S. economy than it was three months ago, but more assured of its own ability to grow earnings. The world’s second-large...
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Internet ad revenue rises 18 pct to $9.3B in 3QDec 20, 2012 6:31 am - NEW YORK — Internet advertising hit a new high in the third quarter as marketers continued to shift money from print and broadcasting. The $9.3 billion spent on Internet...
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Will cigarette makers jump into pot market?Dec 20, 2012 9:16 am - SPOKANE, Wash. — Will the Marlboro Man light up a joint soon? The states of Washington and Colorado legalized possession of small amounts of marijuana in the November el...
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Dr Pepper maker fills out 10-calorie lineupDec 20, 2012 5:51 am - NEW YORK — When it comes to the calories in diet soda, Dr Pepper thinks 10 is the new zero. Starting next month, the country’s No. 3 soft drink company plans to roll out...
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Round Lake Beach officials want details on boxing club planDec 20, 2012 4:32 pm - The idea of a boxing club in a long vacant commercial building in Round Lake Beach sounds good, according to village officials, but several details need to be addressed ...
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Stocks fall as sides snipe in ‘cliff’ talksDec 20, 2012 5:51 am - Stocks dipped Wednesday, recording their first loss of the week. President Barack Obama and Republicans in Congress sniped at each other, and a deadline to avoid sweepin...
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Heavy price: Medicare overpaying for back bracesDec 19, 2012 12:46 pm - WASHINGTON — Internet sale price for a standard back brace: $99.99. What Medicare pays for the item: $900-plus. A federal report released Wednesday offers a look at how...
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