Business Stories from June 22, 2012 (Change date)
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California voters reject new tobacco taxJun 23, 2012 9:50 am - SACRAMENTO, Calif. — A California initiative to increase the tax on tobacco to pay for cancer research has failed by less than a percentage point after remaining too clo...
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Record hits on mag’s ‘Can’t Have It All’ storyJun 23, 2012 9:49 am - NEW YORK — A first-person lament by a former State Department official on “Why Women Still Can’t Have It All” has attracted more visitors to The Atlantic website in a 24...
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Report: Drought covers 70 percent of IllinoisJun 23, 2012 4:03 pm - SPRINGFIELD — About 70 percent of Illinois is in a drought, the U.S. Drought Monitor said Friday, and northern Illinois is “extremely dry,” prompting the state to activa...
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Stocks bounce back; big banks creep higherJun 23, 2012 9:49 am - NEW YORK — The stock market is bouncing back, a day after suffering its second-worst loss this year. The Dow Jones industrial average gained 71 points to close at 12,64...
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Arlington Heights Mariano’s building employee parking lotJun 22, 2012 1:42 pm - Mariano’s Fresh Market in Arlington Heights has proved so popular that the company needs a parking lot just for employees. The store, which opened two years ago, has 346...
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Little effect from Moody’s bank downgradesJun 23, 2012 9:51 am - Moody’s Investors Service suffered a downgrade of its own as markets responded to the company’s rating cuts of 15 of the world’s largest banks by bidding up the value of...
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GM to recall Cruze cars over risk of engine fireJun 23, 2012 9:49 am - DETROIT — A risk of engine fires is forcing General Motors to recall its popular Chevrolet Cruze compact car. The recall covers the 2011 and 2012 model years and affects...
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Berkshire adds Waco newspaper as Buffett expands journalism betJun 22, 2012 10:39 am - Berkshire Hathaway Inc. agreed to buy the Waco Tribune-Herald to expand in Texas as Chairman Warren Buffett extends his bet on community newspapers. The purchase from th...
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European Central Bank eases lending to banksJun 22, 2012 10:39 am - FRANKFURT, Germany — The European Central Bank is making it easier for banks to take out its loans by allowing more kinds of securities to be offered up as collateral, a...
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Crate and Barrel introduces 3-D room-designing tool in storesJun 24, 2012 6:33 am - Northbrook-based Crate and Barrel has launched its 3D Room Designer, a furniture and design tool that converts a customer-supplied digital photo of a room into a 3D room...
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