Business Stories from January 15, 2015 (Change date)
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Oil-company rally snaps 5-day losing streakJan 16, 2015 3:33 pm - NEW YORK (AP) - A surge in oil and gas companies pulled the stock market out of a five-day slump on Friday, as the price of crude swung higher. Oil prices jumped after t...
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Inverness Resident Authors Article in Illinois Bar JournalJan 19, 2015 6:10 am - Brian A. Schroeder, of Inverness, a partner at Schiller DuCanto & Fleck LLP in Chicago, is the author of "The New Illinois Spousal Maintenance Law: Retroactive or Prospe...
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US stocks rise in early tradingJan 16, 2015 8:03 am - NEW YORK (AP) - The U.S. stock market is rising at the open as energy shares climb along with oil prices. Those gains are tempered by turbulence in global currency marke...
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Energy companies nudge US stock market higherJan 16, 2015 10:34 am - NEW YORK (AP) - Oil and gas companies are lifting the U.S. stock market at midday as the price of oil swings higher. The Standard & Poor's 500 index rose seven points, o...
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Elgin City Council divided on ride-sharing rulesJan 15, 2015 10:08 pm - Editor's note: This story was corrected to say that ride-share legislation was signed into law Monday. By Elena Ferrarin eferrarin@dailyherald.com Elgin City Council me...
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US loosens embargo on Cuba, making trade and travel easier as of FridayJan 15, 2015 10:29 am - WASHINGTON - The Obama administration is putting a large dent in the U.S. embargo against Cuba as of Friday, significantly loosening restrictions on American trade and i...
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Des Plaines mayor seeks to improve city's brand in 2015Jan 16, 2015 3:56 pm - Des Plaines Mayor Matt Bogusz asked attendees of his annual Address to Business at a chamber of commerce breakfast Thursday to stand up if they do business in the city -...
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Target to exit CanadaJan 15, 2015 9:29 am - MINNEAPOLIS - Target is closing up shop in Canada. Target Corp. Chairman and CEO Brian Cornell said Thursday that the company was unable to find a realistic scenario in ...
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Switzerland stuns markets by giving up on currency pegJan 15, 2015 8:26 am - LONDON - Bowing to the inevitable, Switzerland has ditched an increasingly expensive policy to limit the export-sapping rise of the Swiss franc - a decision that propell...
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Weak bank results weigh on stock marketJan 15, 2015 4:58 pm - NEW YORK - Disappointing results from Bank of America and Citigroup tugged the stock market to its fifth straight loss Thursday. Oil prices continued their slide, and U...