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Business Stories from April 14, 2011 (Change date)

State Farm plans Chicago retail venture

Associated Press
Apr 14, 2011 11:00 pm - BLOOMINGTON — State Farm Insurance plans to open a retail storefront in Chicago this summer where it apparently doesn't plan to sell anything. The Bloomington-based insu...
Oil near $108 as traders eye dollar, economy

Associated Press
Apr 14, 2011 11:00 pm - Oil prices were stuck around $108 a barrel Friday as a traders mulled whether a weaker dollar and signs of strong U.S. gasoline demand justify extending a two-month rall...
Stocks rise following manufacturing report

Associated Press
Apr 14, 2011 11:00 pm - NEW YORK — Stocks rallied broadly on Friday as encouraging signs on the economy overshadowed disappointing corporate earnings reports. The Federal Reserve said U.S. fact...
Nestle says sales down but growth up 6.4 percent

Associated Press
Apr 14, 2011 11:00 pm - GENEVA — Swiss food and drinks giant Nestle SA reported first-quarter sales of $22.64 billion Friday — a more than 9 percent drop from comparable sales a year ago — but ...
Gulf tourism faces another oil crisis

Associated Press
Apr 14, 2011 11:00 pm - PENSACOLA, Fla. — Tourism leaders along the Gulf Coast say rising gasoline prices could hamper their recovery from the impact of last year's BP oil spill. Some are stepp...
Mexico's Alfa to buy AT&T's stake in Alestra

Associated Press
Apr 14, 2011 11:00 pm - DALLAS — Mexican industrial conglomerate Alfa SAB is buying AT&T's 49 percent stake in Alestra, a Mexican telecommunications company, taking full control of the business...
BofA's income falls 39 percent, misses estimates

Associated Press
Apr 14, 2011 11:00 pm - NEW YORK — Bank of America's first-quarter income fell 39 percent on higher costs related to its mortgage business and higher litigation expenses. The Charlotte, North C...
Factories boost output for 9th straight month

Associated Press
Apr 14, 2011 11:00 pm - WASHINGTON — U.S. factories produced more consumer goods, business equipment and raw materials in March, boosting manufacturing activity for the ninth straight month. Ou...
Lisle-based Navistar to expand electric vehicle lineup

By Anna Marie Kukec
Apr 14, 2011 12:00 am - Lisle-based Navistar plans to expand its line of all-electric vehicles, which are gaining popularity with delivery services and utility companies. Currently, Navistar se...
Lost luggage for sale — cheap

Associated Press
Apr 14, 2011 12:00 am - SCOTTSBORO, Ala. — Welcome to the final resting place for lost luggage. Along a country road next to a muffler shop and a cemetery is a 40,000-square-foot store filled w...

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