Business Stories from August 29, 2013 (Change date)
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Sears gets infusion of new ideas for online, mobile useAug 30, 2013 7:26 am - Hoffman Estates-based Sears Holdings Corp. announced winners of its Startup + Developer Challenge, a so-called code-a-thon where the parent of Sears and Kmart stores aim...
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Midwest hot, dry spell brings back drought worriesAug 30, 2013 2:16 pm - DES MOINES, Iowa — A growing season that began unusually wet and cold in the Midwest is finishing hot and dry, renewing worries of drought and its impact on crops. Tempe...
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U.S. economy grew at 2.5 percent rate in springAug 30, 2013 8:40 am - WASHINGTON — The U.S. economy grew at a 2.5 percent annual rate from April through June, much faster than previously estimated. The steep revision was largely because U....
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Revamping ‘Ford Pinto of rail cars’ urged after Quebec fireAug 29, 2013 2:06 pm - Barrington Mayor Karen Darch, head of a rail safety group Wednesday compared a widely used train tank car to the recalled Ford Pinto in urging U.S. regulators to require...
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New parks, creative restaurateur make Algonquin a river destinationAug 29, 2013 11:33 am - With some smart financial planning and the hard work of a local restaurateur, Algonquin has made Fox River a hub for playing, eating and quiet solitude. One local leader...
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Applications for U.S. unemployment aid fall to 331,000Aug 30, 2013 8:40 am - The number of Americans seeking unemployment benefits remained near the lowest level in more than five years last week, a sign that companies are cutting few jobs. The ...
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Chicago-based Hyatt to buy Peabody Orlando hotel for $717MAug 29, 2013 10:18 pm - Chicago-based Hyatt Hotels Corp. said Wednesday that its Hyatt Regency subsidiary plans to buy the Peabody Orlando hotel for $717 million, expanding its presence in a ma...
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Merrill Lynch settles discrimination lawsuittAug 30, 2013 8:40 am - Lawyers for hundreds of black financial advisers have reached a $160 million settlement in a lawsuit accusing Wall Street brokerage giant Merrill Lynch of racial discrim...
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Insurance exchange company expanding in IllinoisAug 30, 2013 2:16 pm - A major Illinois health insurance exchange has announced plans to double its workforce to serve those shopping for health insurance under the Affordable Care Act. GoHeal...
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Fast-food workers protest wages in Chicago, other citiesAug 30, 2013 2:16 pm - NEW YORK — Thousands of fast-food workers and their supporters beat drums, blew whistles and chanted slogans Thursday on picket lines in dozens of U.S. cities, marking t...