Business Stories from January 22, 2008 (Change date)
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Slowdown impacts many area businessesJan 22, 2008 10:00 pm - Weakness in the economy has long been evident to Robert A. Mecca, a life-planning consultant in Mount Prospect who said the economic slowdown has taken its toll on his c...
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Financial education should be a priorityJan 22, 2008 10:00 pm - WASHINGTON -- Now that there's no denying that the U.S. economy is badly shaken, the presidential candidates are highlighting their ideas on how to fix things. If you ar...
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Abbott's profit bolstered by worldwide pharmaceutical salesJan 22, 2008 10:00 pm - Abbott Laboratories swung to a profit in the fourth-quarter from a loss in the prior year's quarter, and beat analyst expectations on strong global sales of its pharmace...
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Toyota to extend warranty on some minivans over liftgate problemsJan 22, 2008 10:00 pm - WASHINGTON -- Toyota Motor Corp. said Tuesday it is extending warranty coverage on some 2004-2006 Sienna minivans to address problems with the rear liftgate. Toyota said...
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Chicago index hits lowest level in yearsJan 22, 2008 10:00 pm - CHICAGO -- An economic activity index calculated by the Federal Reserve Bank of Chicago showed its lowest level in more than four years in December, dragged down by a sh...
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Tellabs to cut 225 jobs as earnings fall 78 percentJan 22, 2008 10:00 pm - Network equipment maker Tellabs Inc. Tuesday posted a 78 percent drop in quarterly earnings and said it will cut 225 jobs as part of another restructuring plan to improv...
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What the rate cut means for borrowersJan 22, 2008 10:00 pm - The Federal Reserve's three-quarter percentage point cut in a key interest rate Tuesday was designed to make borrowing cheaper for individuals and corporations, and thus...
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Midas executives will talk to investorsJan 22, 2008 10:00 pm - ITASCA -- Midas Inc. will meet with potential investors at the Sidoti & Co. Emerging Growth Institutional Investor Forum in Palm Beach, Fla., today. Alan Feldman, Midas'...
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CompTIA buys software expoJan 22, 2008 10:00 pm - OAKBROOK TERRACE --The Computing Technology Industry Association, or CompTIA, announced Tuesday it acquired the Software Marketing Perspectives Conference & Expo, a lead...
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Abbott has fourth-quarter profit on demand for HumiraJan 22, 2008 10:00 pm - Abbott Laboratories reported a profit in the fourth quarter, fueled by increased demand for its best-selling product, the anti-inflammatory medicine Humira. Net income w...
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