Business Stories from July 6, 2012 (Change date)
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Murdoch gets personal with politicsJul 09, 2012 3:51 pm - NEW YORK — Rupert Murdoch has never been shy about voicing a political opinion, using his worldwide empire of television and newspaper outlets to promote conservative ca...
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California OKs funding for high-speed rail lineJul 07, 2012 8:56 am - SACRAMENTO, Calif. — California lawmakers approved billions of dollars Friday in construction financing for the initial segment of what would be the nation’s first dedic...
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Quinn signs bill spotlighting business tax breaksJul 06, 2012 5:59 pm - Gov. Pat Quinn signed legislation requiring the publicizing of details of corporate tax breaks as soon as they’re completed. The legislation Quinn signed Friday is a wat...
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AMR sues retired workers over health benefitsJul 07, 2012 8:59 am - DALLAS — American Airlines and its parent company are suing to win the right to stop providing health care and life insurance to retirees. AMR Corp. and American filed t...
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Rolling Meadows raises funds for events:Jul 06, 2012 5:04 pm - The Rolling Meadows Community Events Foundation will hold two fundraisers in the city during July to raise money for future city celebrations. The foundation was formed ...
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Best Buy to cut 2,400 jobsJul 06, 2012 5:29 pm - NEW YORK — Electronics retailer Best Buy Co. is laying off 600 staffers in its Geek Squad technical support division and 1,800 other store workers as it seeks to restruc...
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Yahoo, Facebook settle patent disputeJul 07, 2012 8:59 am - SAN FRANCISCO — Facebook and Yahoo have agreed to settle a patent dispute. This averts a potentially bitter battle over the technology running two of the Internet’s most...
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How Abraham Lincoln helped shape our modern economyJul 07, 2012 8:57 am - This month marks 150 years since President Abraham Lincoln signed the Pacific Railway Act, committing the federal government to support a transcontinental railroad. The ...
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UK agency opens criminal probe of bank rate fixingJul 06, 2012 8:49 pm - LONDON — Britain’s Serious Fraud Office said Friday that it has formally opened a criminal investigation of the manipulation of a key market interest rate that has shake...
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U.S. stocks plunge after weak June jobs reportJul 07, 2012 8:56 am - NEW YORK — Stocks plunged on Wall Street Friday after the U.S. government reported that only 80,000 jobs were created in June, the third straight month of weak hiring. ...
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