Business Stories from March 16, 2009 (Change date)
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Abbott sues Mylan over patents for Laetra AIDS drugMar 16, 2009 11:00 pm - Abbott Laboratories, the maker of blood-sugar monitors and heart stents, accused rival Mylan Inc. of infringing two U.S. patents for the AIDS drug Kaletra. The Libertyvi...
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Oil climbs with more traders seeing bottomMar 16, 2009 11:00 pm - COLUMBUS, Ohio -- Oil prices moved higher Tuesday to levels some traders interpreted as a sign that energy demand may have finally bottomed out. Benchmark crude for Apri...
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Holiday Inn to open in Lake ZurichMar 16, 2009 11:00 pm - LAKE ZURICH - Holiday Inn Express & Suites, 197 S. Rand Road in Lake Zurich, is set to open March 26. Barrington-based MPH Hotels, the hotel's management company and own...
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Stolen-data trove offers look inside a botnetMar 16, 2009 11:00 pm - SAN FRANCISCO -- Getting hacked is like having your computer turn traitor on you, spying on everything you do and shipping your secrets to identity thieves. Victims don...
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Local businesses see hope, skepticism in Obama plannMar 16, 2009 11:00 pm - Many suburban small business owners are hopeful and somewhat skeptical about President Barack Obama's efforts to rescue lending within the local economy. The Obama admin...
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Nokia to lay off 1,700 worldwideMar 16, 2009 11:00 pm - HELSINKI -- Nokia Corp. said Tuesday it will lay off 1,700 people worldwide to cut costs, as the global economic downturn strikes deeper into the mobile phone sector. Th...
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Caterpillar laying off 815 in AuroraMar 16, 2009 11:00 pm - Caterpillar announced Tuesday that 665 production workers and 150 support and management employees will lose their jobs at the Aurora facility beginning in early June. ...
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Stimulus plan: Spend now, details later (promise)Mar 16, 2009 11:00 pm - WASHINGTON -- President Barack Obama wants governors to hurry up and begin building bridges and schools to revive the economy. His administration is learning that spendi...
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Judge: Settlement in Meijer-Acme Township lawsuitMar 16, 2009 11:00 pm - TRAVERSE CITY, Mich. -- A judge in Grand Traverse County says a settlement has been reached in a lawsuit between Meijer Inc. and Acme Township officials over a long-del...
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Icahn group plans bid for TropicanaMar 16, 2009 11:00 pm - ATLANTIC CITY, New Jersey -- A group including billionaire financier Carl Icahn says it plans to bid for Atlantic City's Tropicana Casino and Resort in a bankruptcy cou...