Business Stories from August 5, 2013 (Change date)
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Facebook hires Google executive as chief marketing officerAug 05, 2013 4:51 pm - Facebook Inc. hired Gary Briggs, a veteran of Google Inc. and EBay Inc., to be its first chief marketing officer as the world’s largest social network seeks to expand it...
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California governor averts Frisco rail strikeAug 05, 2013 1:43 pm - SAN FRANCISCO — Hundreds of thousands of San Francisco Bay Area commuters got at least a temporary reprieve from a massive transit strike when Gov. Jerry Brown intervene...
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Flaming Grill and Buffet closes in Rolling MeadowsAug 07, 2013 12:52 pm - After being open less than a year, Flaming Grill and Buffet in Rolling Meadows has closed. The Asian buffet that served a mixture of Japanese and Chinese cuisine opened ...
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Oak Brook’s Inland Real Estate Investment names new CEOAug 06, 2013 7:03 am - Inland Real Estate Investment Corp. of Oak Brook, named Mitchell A. Sabshon Chief Executive Officer, succeeding Robert Parks, who will continue as chairman of the compan...
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Key Walgreen July revenue metric tops expectationsAug 06, 2013 1:23 am - Deerfield-based Walgreen Co.’s total July revenue from established stores climbed 6.3 percent compared to last year, when a business split hurt the nation’s largest drug...
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Chicago’s Hub International passes from one owner to anotherAug 05, 2013 9:33 am - Ownership of the insurance broker Hub International is being passed from one private equity firm to another. Funds advised by Hellman & Friedman will buy a majority sta...
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Mundelein’s Medline employees make a difference for AllendaleAug 06, 2013 1:53 am - Nearly 500 Mundelein-based Medline employees, company executives, friends and family members filled the Allendale Association campus in Lake Villa to put their painting ...
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Michael Dell adds dividend payment to buyout offerAug 05, 2013 9:28 am - Associated Press ROUND ROCK, Texas — A special committee of Dell’s board has agreed to an increased offer from founder Michael Dell that would add a special dividend for...
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Penney hires Kraft executive as marketing chiefAug 05, 2013 4:51 pm - NEW YORK — J.C. Penney Co. says it has tapped a Kraft Foods executive as its new marketing chief to help revitalize the struggling brand and reconnect with its shoppers....
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Newsweek to be purchased by IBT MediaAug 05, 2013 7:10 am - Newsweek is being sold for the second time in just a few years. The owner of the International Business Times said it’s buying what is now an online-only brand for an un...