Business Stories from July 26, 2013 (Change date)
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After threat of cancellation, Wauconda blues fest gets new lifeJul 27, 2013 3:17 pm - Intervention from a Wauconda civic group may have saved a popular community event planned for next month. The Lions Club’s involvement clears the way for the fourth annu...
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It takes a ‘war room’ to launch Netflix’s seriesJul 26, 2013 8:10 am - LOS GATOS, Calif. — Netflix’s Internet video subscription service works around the clock, but it’s unusual for more than two dozen of the company’s engineers and top man...
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Google discloses it paid $966 million for WazeJul 26, 2013 7:39 am - SAN FRANCISCO — Google says that it paid $966 million to buy online mapping service Waze, six weeks after closing the deal. The Internet search leader spelled out the pu...
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Citymaps aims to make maps socialJul 26, 2013 7:33 am - Maps are where it’s at. Just ask Google, which bought maps app Waze for nearly $1 billion, or Apple, which snapped up two small mapping startups earlier this month. Ent...
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Amazon reports surprise loss on warehouses, content spendingJul 26, 2013 5:13 pm - Amazon.com Inc. reported a surprise net loss as the world’s largest online retailer continued to pump money into warehouses and digital content, fueling sales growth at ...
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Zynga drops after abandoning u.S. Online-betting planJul 26, 2013 3:59 pm - Zynga Inc., maker of the social- networking game “FarmVille,” plunged as much as 16 percent in extended trading after abandoning plans to enter the online- gambling busi...
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Facebook shares soar 30 percent on big 2QJul 27, 2013 9:39 am - Facebook shares soared 30 percent Thursday after the social media giant pushed aggressively into mobile advertising and reported much-improved second-quarter revenue and...
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Apple’s smartphone market share slipsJul 26, 2013 6:11 pm - A new report shows that Apple’s share of the global smartphone market fell during the second quarter to its lowest level in four years. Apple had 13.1 percent of the wo...
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Attorney general acts in ExxonMobil chemical leakJul 26, 2013 9:31 pm - JOLIET — The Illinois attorney general’s office and Will County prosecutors have filed a complaint against ExxonMobil for a hydrogen sulfide leak at a suburban Chicago o...
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U of I hospital in Chicago to get $85M upgradeJul 27, 2013 12:39 pm - The University of Illinois Medical Center in Chicago is getting an $85 million upgrade. Trustees approved financing for the project Thursday during a meeting in Chicago....