Business Stories from July 11, 2010 (Change date)
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Fed looks for ways to aid small business lendingJul 11, 2010 11:00 pm - WASHINGTON -- Federal Reserve Chairman Ben Bernanke stepped up pressure on Monday to get banks to boost lending to the nation's small businesses, a critical element to s...
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Obama names critics like UAL, Cat CEOs to fed panelsJul 11, 2010 11:00 pm - Last month, Verizon Communications Inc. Chairman Ivan Seidenberg accused the federal government of "injecting uncertainty into the marketplace. ť Last week, he was ...
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Power equipment maker Echo expands in Lake ZurichJul 11, 2010 11:00 pm - Echo Inc., maker of hand-held outdoor power equipment, opened its new 129,000-square-foot warehouse in Lake Zurich today. The new facility at 400 Oakwood Road brings the...
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Appetite for 'better burgers' shows no satietyJul 11, 2010 11:00 pm - FALLS CHURCH, Va. -- With a drive-through seemingly on every corner, you might think the market for burgers long ago reached saturation. But the fastest-growing restaura...
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Judge OKs iPhone class action against Apple, AT&TJul 11, 2010 11:00 pm - SAN JOSE, Calif. -- A federal judge says a monopoly abuse lawsuit against Apple Inc. and AT&T Inc.'s mobile phone unit can move forward as a class action. The lawsuit co...
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More Americans' credit scores sink to new lowsJul 11, 2010 11:00 pm - NEW YORK -- The credit scores of millions more Americans are sinking to new lows. Figures provided by FICO Inc. show that 25.5 percent of consumers -- nearly 43.4 millio...
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Gov't tries to recoup some Fannie, Freddie lossesJul 11, 2010 11:00 pm - WASHINGTON -- A federal regulator is taking steps that could lead to the recovery of some losses sustained by mortgage giants Fannie Mae and Freddie Mac. The Federal Hou...
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FDIC's authority to review banks expandsJul 11, 2010 11:00 pm - WASHINGTON -- Federal bank regulators have agreed to give the Federal Deposit Insurance Corp. unlimited authority to investigate banks, clarifying the agency's power tha...
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Janney analyst upgrades IDEX to 'buy'Jul 11, 2010 11:00 pm - IDEX Corp (IEX US) was raised to "Buy" from "Neutral" at Janney Montgomery by equity analyst James Lucas. The 12-month target price is $40.00 per share. Idex is based in...
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Equity Residential boosting debtJul 11, 2010 11:00 pm - Chicago-based Equity Residential, the largest publicly traded U.S. apartment landlord, sold $600 million of 10-year notes after boosting the offering by $100 million. Th...