Business Stories from January 24, 2013 (Change date)
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U.S. rate on 30-year mortgage rises to 3.42 pct.Jan 24, 2013 1:12 pm - WASHINGTON — Average U.S. rates on fixed mortgages rose this week but remained near record lows, keeping home buying more affordable. Mortgage buyer Freddie Mac says th...
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Mount Prospect Borders building has date with wrecking ballJan 25, 2013 8:34 pm - The vacant Borders Books & Music building at the corner of Elmhurst and Rand roads in Mount Prospect will soon be demolished, village officials said. Community Developm...
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Apple’s sales slowdown tugs Nasdaq index lowerJan 25, 2013 6:19 am - NEW YORK — A sharp drop in Apple’s stock pulled the Nasdaq down with it after the tech giant warned of weaker sales. Other stock-market indexes eked out slight gains. A...
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TJ Maxx/Home Goods to open in vacant Palatine buildingJan 24, 2013 9:48 am - A combined T.J. Maxx and Home Goods store will open this summer in the long-vacant Linens ‘n Things space at Deer Grove Centre in Palatine, according to commercial real ...
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Burger King drops U.K. supplier linked to horsemeatJan 25, 2013 9:40 am - LONDON — British and Irish burger fans could face a Whopper shortage. Burger King says it has stopped buying beef from an Irish meat processor whose patties were found t...
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Wheeling woman’s decade of good deeds inspiresJan 24, 2013 10:47 pm - Impressed by a Wheeling woman’s work with children who have life-threatening diseases through the Make-A-Wish Foundation, a Schaumburg plumbing contractor decided to rep...
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United Continental to cut 600 jobs, reports 4Q lossJan 25, 2013 6:31 am - The parent of United Airlines reported a $620 million quarterly loss on Thursday and about 600 job cuts as travelers stayed away following its problems earlier in the ye...
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Top white-collar crime prosecutor getting SEC jobJan 25, 2013 6:19 am - WASHINGTON — President Barack Obama will nominate former U.S. attorney Mary Jo White, who built a reputation prosecuting white-collar crimes, to lead the Securities and ...
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U.S. jobless claims drop to 5-year low of 330,000Jan 24, 2013 3:00 pm - The number of Americans seeking unemployment aid fell last week to the lowest level in five years, evidence that employers are cutting fewer jobs and may step up hiring....
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Oil prices get boost from China manufacturingJan 25, 2013 1:18 pm - BANGKOK — Oil prices were higher Thursday, boosted by a survey showing that China's manufacturing is on the upswing. Benchmark oil for March delivery was up 35 cents to ...