Business Stories from October 16, 2013 (Change date)
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Rosemont to demo building, add Taco BellOct 17, 2013 1:39 pm - Rosemont will demolish a building on Higgins Road to make way for a new Taco Bell, officials said, forcing a popular restaurant to move out of town. The owner of Pancake...
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Outdoor hockey coming to Rosemont’s ice rinkOct 17, 2013 7:47 am - The ice rink in Rosemont’s entertainment district already is a popular wintertime destination for skaters, but come February, the rink will be open for those with sticks...
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Mark Cuban cleared of insider tradingOct 17, 2013 7:47 am - DALLAS — Mark Cuban won a yearslong fight with the federal government Wednesday when jurors said that the billionaire basketball team owner did not commit insider-tradin...
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Stocks surge after Senate reaches deal on U.S. debtOct 17, 2013 5:55 am - NEW YORK — Wall Street finally got the deal it’s been waiting for. A last-minute agreement to keep the U.S. from defaulting on its debt and reopen the government sent th...
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Glen Ellyn native leads Toyota through ups and downsOct 16, 2013 3:42 pm - NEW YORK — After five up and down years, Jim Lentz thinks Toyota is right where it’s supposed to be. Five years ago, the company unseated General Motors as the world’s ...
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JPMorgan pays $100M, admits fault in tradesOct 17, 2013 7:47 am - WASHINGTON — JPMorgan Chase & Co. has agreed to pay a $100 million penalty and admitted that its traders acted “recklessly” during a series of London trades that ultimat...
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Elgin Opera ceases operationsOct 17, 2013 1:39 pm - Donations, ticket sales aren't enough to keep it afloat
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Cruz won’t delay vote on bipartisan budget dealOct 16, 2013 11:57 am - WASHINGTON — Republican Sen. Ted Cruz says he won’t delay a vote on a bipartisan budget deal that will reopen the government and avoid a financial default. Cruz had forc...
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Abbott 3Q profit beats Wall Street estimatesOct 16, 2013 5:52 pm - Abbott Laboratories Inc. said Wednesday that its net income fell more than 50 percent in the third quarter because of the spinoff of its branded drug business, but the r...
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U.S. builder confidence dips amid budget impasseOct 17, 2013 8:53 am - U.S. homebuilders are feeling less confident in the housing market, reflecting their uncertainty over the budget impasse in Washington. The National Association of Home...
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