Business Stories from December 10, 2012 (Change date)
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Report: HSBC to pay $1.9 billion to settle probeDec 11, 2012 6:09 am - WASHINGTON — HSBC, the British banking giant, will pay $1.9 billion to settle a money-laundering probe by federal and state authorities in the United States, a law enfor...
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CEO: American’s turnaround nearly doneDec 11, 2012 6:09 am - DALLAS — The CEO of American Airlines says the company has nearly finished a bankruptcy turnaround and the only big decision left is whether to remain independent or mer...
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McDonald’s November sales figure risesDec 10, 2012 8:47 pm - NEW YORK — Oak Brook-based McDonald’s Corp. said Monday that a key sales figure rebounded in November, as U.S. customers snapped up the world’s biggest hamburger chain’s...
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Obama tax plan no small deal to small businessmenDec 11, 2012 6:09 am - WASHINGTON — President Barack Obama’s plan to increase taxes on top earners would have only a small impact on the nation’s economy, according to congressional budget exp...
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Stocks edge higher; Dow boosted by McDonald’sDec 11, 2012 6:09 am - NEW YORK — Stocks edged higher Monday on Wall Street after a strong sales report from McDonald’s offset concerns about the surprise resignation of Italy’s prime minister...
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After stops and starts, Golden Corral open in BataviaDec 11, 2012 7:43 am - The new Golden Corral along Randall Road in Batavia was on hold for so long, many people still don’t even realize it’s open. The buffet restaurant at 2030 Main St. opene...
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Surprise: New insurance fee in health overhaul lawDec 10, 2012 8:47 pm - WASHINGTON — Your medical plan is facing an unexpected expense, so you probably are, too. It’s a new, $63-per-head fee to cushion the cost of covering people with pre-ex...
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Energy experts say drilling can be made cleanerDec 11, 2012 6:09 am - PITTSBURGH — In the Colorado mountains, a spike in air pollution has been linked to a boom in oil and gas drilling. A thousand miles away on the plains of north Texas, t...
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Ford says software update will fix fire problemDec 11, 2012 6:09 am - DEARBORN, Mich. — Ford will update software on 2013 Escape SUVs and Fusion cars to fix a coolant problem that can cause fires. Last month the automaker recalled more tha...
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Video gambling cafe operators set sights on Hoffman Estates, BartlettDec 11, 2012 3:52 pm - A new video gambling cafe selling only light food, beer and wine is coming to Hoffman Estates, and possibly Bartlett, next year. Both villages have heard a proposal from...
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