Business Stories from December 28, 2012 (Change date)
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Baar Topinka: Fiscal cliff will cost IllinoisDec 29, 2012 8:16 am - Illinois Comptroller Judy Baar Topinka estimated Friday that there will be a $1 billion impact on the state budget if Congress and President Barack Obama don’t strike a ...
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Optimism on ‘cliff’Dec 28, 2012 7:56 pm - Senate leaders are hopeful deal can be presented Sunday
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East St. Louis casino now employee-ownedDec 28, 2012 7:18 pm - EAST ST. LOUIS, Ill. — The 700 employees of an East St. Louis casino now own the company. The Casino Queen Hotel and Casino is operating as an employee stock ownership p...
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Toyota acceleration settlement gets preliminary OKDec 29, 2012 8:16 am - LOS ANGELES — A U.S. judge gave preliminary approval Friday to a $1 billion-plus settlement with Toyota Motor Corp. in cases involving problems of sudden, unintended acc...
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MF Global trustee: Some clients may be made wholeDec 29, 2012 8:16 am - NEW YORK — Some customers of the failed brokerage MF Global could get back all the money they lost, according to the trustee working to recover those funds. In a statem...
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Obama: Immediate action needed on fiscal cliffDec 28, 2012 7:05 pm - WASHINGTON — President Barack Obama says “the hour for immediate action is here” on a deal to avert the fiscal cliff. The president says he remains “optimistic” that an ...
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U.S. bank failures this year by stateDec 28, 2012 4:17 pm - Here are the 51 U.S. bank failures so far this year by state. Listed are the date each bank was closed, where it was based and its assets. Georgia: First State Ba...
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Facts and numbers on U.S. bank failures since 2008Dec 28, 2012 4:18 pm - The pace of U.S. bank failures has slowed sharply since peaking in 2010 with 157. Since the start of 2008, the year the financial crisis erupted, 465 banks have failed. ...
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Fewer US banks failing as industry strengthensDec 29, 2012 11:29 am - WASHINGTON — U.S. banks are ending the year with their best profits since 2006 and fewer failures than at any time since the financial crisis struck in 2008. They’re hel...
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U.S. pending home sales rise to highest in 2½ yearsDec 29, 2012 11:29 am - WASHINGTON — A measure of Americans who signed contracts to buy homes increased last month to its highest level in two and a half years, the latest sign of improvement i...
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