Business Stories from May 16, 2014 (Change date)
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Polish restaurant opens in Mt. ProspectMay 18, 2014 12:36 am - A new upscale Polish restaurant in Mount Prospect held a ribbon cutting Friday that included a visit from a top official at the Polish consulate in Chicago. The restaura...
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Yellen: Small businesses are driving job growthMay 17, 2014 9:06 am - WASHINGTON - Federal Reserve Chair Janet Yellen is spotlighting the fact that U.S. small businesses have accounted for more than half the job gains during the nearly 5-y...
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Illinois unemployment falls below 8 percentMay 17, 2014 9:06 am - Unemployment in Illinois dropped in April to its lowest level since 2008, falling to 7.9 percent, the state Department of Employment Security said Thursday. The April jo...
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Worry settles over Wall StreetMay 17, 2014 9:06 am - NEW YORK - Wall Street has caught a case of the jitters. Employers are hiring at their fastest pace in 2 ½ years, the economy is expected to expand by a robust 3.5 perc...
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Should voters weigh in on minimum wage?May 17, 2014 12:23 pm - State Government Writer mriopell@dailyherald.com SPRINGFIELD - Illinois House Speaker Michael Madigan Friday won initial approval to ask voters in November whether the s...
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Northwestern, Cadence Health reach merger dealMay 17, 2014 9:06 am - The governing boards of two nonprofit health systems in northern Illinois have reached a merger deal, subject to approval from state and federal regulators. Northwestern...
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Slow start for Chicago private infrastructure planMay 16, 2014 6:42 pm - In the city that invented the skyscraper, no small plans will do. In that vein, Mayor Rahm Emanuel promised to transform Chicago with mega-projects so sexy they could be...
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Government fines GM maximum $35M in safety caseMay 17, 2014 9:06 am - WASHINGTON - U.S. safety regulators have fined General Motors $35 million for delays in recalling small cars with faulty ignition switches that are linked to at least 13...
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Nontenured instructors at U of I want to unionizeMay 16, 2014 4:04 pm - URBANA, Ill. - Nontenured faculty members at the University of Illinois' flagship campus have filed a petition with the state saying they want to unionize. Union support...
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FCC votes to go forward with net neutrality rulesMay 17, 2014 9:06 am - NEW YORK - The Federal Communications Commission voted to go forward with the proposal of new rules that could set standards for Internet providers who wish to create pa...