Business Stories from July 15, 2013 (Change date)
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Wal-Mart faceoff with DC fuels minimum wage debateJul 15, 2013 2:35 pm - WASHINGTON — The bitter standoff between Wal-Mart and Washington, D.C. officials over the city’s effort to impose a higher minimum wage on big-box retailers is fueling a...
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Abbott will pay $560M to acquire 2 med tech firmsJul 16, 2013 1:53 pm - WASHINGTON — North Chicago-based Abbott Laboratories announced Monday it would pay a combined $560 million to acquire two privately-held companies focused on coronary im...
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Broadwind Energy gets $87M in new tower ordersJul 16, 2013 5:50 am - Cicero-based alternative energy company Broadwind Energy Inc. has received $87 million in new tower orders from an unnamed U.S. wind turbine maker as the domestic wind e...
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MB Financial buying Taylor Capital for $680MJul 16, 2013 5:50 am - MB Financial is buying Taylor Capital for about $680 million in a deal to increase its middle market commercial banking presence in the Chicago area. Taylor Capital has ...
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Earn gift cards by having your photo taken with Founding FathersJul 15, 2013 1:38 pm - In this patriotic month, you can find some of our country’s Founding Fathers peeking out of the windows at the stores and restaurants in Algonquin Commons. As part of a ...
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China’s economic growth slows more as trade slumpsJul 15, 2013 2:30 pm - BEIJING — China’s leaders face new pressure to stimulate a slowing economy after growth fell to its lowest since 1991, hurt by weak trade and efforts to cool a credit bo...
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Cuban athletes and artists get in on capitalismJul 16, 2013 9:20 am - HAVANA — Cuban track and field legend Javier Sotomayor has launched a sports bar named for the height of his world record high jump. An Olympic volleyball champion has o...
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Real Madrid tops Forbes' most valuable teams listJul 16, 2013 8:16 am - NEW YORK — Real Madrid tops Forbes' list of 50 most valuable sports teams, with Manchester United and Barcelona holding the next two spots. Forbes says Real Madrid is wo...
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Twinkies might be smaller than people recallJul 16, 2013 9:56 am - NEW YORK — Twinkies are back, but they may be a bit smaller than you remember. The new boxes hitting shelves this week list the spongy yellow cakes as having 270 calorie...
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Carol Stream approves incentives for Caputo’sJul 16, 2013 4:56 pm - Developers of a Carol Stream grocery store are due to receive $3.5 million in economic incentives that village officials credit with helping bring the store to town. The...