Business Stories from February 19, 2015 (Change date)
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Sysco sued for its attempt to buy rival US Foods in RosemontFeb 20, 2015 9:11 am - U.S. trade regulators today filed a lawsuit to block Sysco Corp.'s proposed $8.2 billion acquisition of its rival, Rosemont-based US Foods Inc. The acquisition would hu...
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Medical organization opens new Rosemont headquarters SaturdayFeb 20, 2015 4:33 pm - A former golf driving range in Rosemont is now home to the national headquarters of the American Academy of Orthopaedic Surgeons, where officials this weekend will be cu...
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Nearly 40 percent of Wal-Mart's US workers to get pay raisesFeb 20, 2015 7:08 am - BENTONVILLE, Ark. (AP) - Wal-Mart Stores Inc. is spending $1 billion to make changes to how it pays and trains U.S. hourly workers as the embattled retailer tries to res...
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Golden Corridor Partnership recognized as 'Bright Idea'Feb 19, 2015 12:36 pm - The Ash Center for Democratic Governance and Innovation at the John F. Kennedy School of Government at Harvard University has recognized the efforts of the Golden Co...
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Wal-Mart beats 4Q profit forecastsFeb 19, 2015 7:53 am - BENTONVILLE, Ark. (AP) - Wal-Mart Stores Inc. (WMT) on Thursday reported fiscal fourth-quarter earnings of $4.97 billion. On a per-share basis, the Bentonville, Arkansas...
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Frigid outside, but tropical inside KeyLime Cove in GurneeFeb 19, 2015 5:03 pm - While the temperature hovered at 1 degree outside, guests and workers inside KeyLime Cove Indoor Waterpark Resort in Gurnee basked in tropical weather at the pools. More...
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Sears turnaround seen as failing by tradersFeb 20, 2015 7:23 am - Billionaire Eddie Lampert's quest to revive Sears Holdings Corp. is looking dubious to credit-swaps traders. It now costs more to insure against a Sears default for a ye...
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Nestle profits rise, but held back by weak pricing in EuropeFeb 19, 2015 8:15 am - FRANKFURT, Germany (AP) - Food company Nestle S.A. says net profit rose 44 percent last year as the company booked one-time gains from the sale of a stake in L'Oreal and...
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Freddie Mac 4Q profit drops sharply, plans to pay dividendFeb 19, 2015 8:15 am - WASHINGTON (AP) - Mortgage giant Freddie Mac posted net income of $227 million for the fourth quarter, down sharply from the same period of 2013, as it sustained losses ...
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Poll: Most Americans favor a higher minimum wageFeb 20, 2015 7:08 am - WASHINGTON (AP) - Most Americans support increasing the minimum wage, as well as requiring employers to provide paid sick leave and parental leave, according to a new As...