Business Stories from May 7, 2014 (Change date)
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ComEd, other customers brace for hikesMay 08, 2014 4:48 pm - Residential consumers who buy their electricity from ComEd will get jolted with a 38 percent price hike on June 1, and many who have other electricity suppliers also cou...
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Mondelez and DE Master combining coffee businessesMay 08, 2014 6:01 am - Deerfield-based Mondelez and D.E. Master Blenders will link their coffee businesses together as Mondelez concentrates increasingly on its snack foods division and cost c...
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Behind Alibaba IPO is unlikely China success storyMay 07, 2014 12:43 pm - HONG KONG — The mammoth IPO planned by e-commerce giant Alibaba Group highlights founder Jack Ma's improbable rise to China's entrepreneur-in-chief. Ma, a former English...
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Legal interpretation may erase pension glitchMay 08, 2014 10:05 am - CHAMPAIGN — A troublesome piece of last year's state pension-reform law may not cut university retirees' pensions after all, the State Universities Retirement System no...
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Shuttered Mount Prospect banquet hall closer to reopeningMay 08, 2014 4:50 pm - The new owners of the abruptly shuttered Bristol Court banquet hall, which now will be called Bristol Palace, are closer to reopening after Mount Prospect trustees this ...
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Hearing on athletes union worries activistMay 08, 2014 8:03 am - A former linebacker leading the drive to form the nation's first union for college athletes said Wednesday he fears a congressional hearing could be a step toward legisl...
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School bus company plans 300+ layoffsMay 08, 2014 7:02 am - SPRINGFIELD — A Joliet-based company that provides school-bus services plans to lay off more than 300 employees by the end of June. According to notices filed by Illinoi...
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Applicants, bosses both blamed as jobs go unfilledMay 07, 2014 2:35 pm - NEW YORK — Many potential employees don't follow directions on job postings, are no-shows at interviews and sometimes accept a job only to say at the last minute, they'r...
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Chicago Football magazine celebrates its debutMay 09, 2014 7:50 am - Scores of sports media and marketing representatives turned out Wednesday night for a media launch party for Chicago Football magazine at the Chicago Sports Museum at Wa...
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Indiana, Illinois sign deal to build expresswayMay 09, 2014 7:50 am - SOUTH BEND, Ind. — Indiana and Illinois have signed an agreement to build the Illiana Expressway toll road, with Indiana paying $80 million to $110 million, Illinois agr...