Business Stories from June 2, 2011 (Change date)
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Walgreens acquires drugstore.com for $409 milJun 02, 2011 11:00 pm - Deerfield-based Walgreen Co. has acquired Internet business drugstore.com. for around $409 million, the company said Friday. Under the acquisition, Walgreens will take o...
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Wal-Mart unveils $15B buyback to shareholdersJun 02, 2011 11:00 pm - FAYETTEVILLE, Ark. — Wal-Mart Stores Inc. says it is launching a $15 billion share repurchase program. The buyback announced Friday at the company's annual meeting will ...
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Obama, in Ohio, to promote auto industry reboundJun 02, 2011 11:00 pm - WASHINGTON — President Barack Obama is drawing attention to the auto industry's rebound, visiting a Chrysler plant in politically important Ohio as he seeks to highlight...
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Trade group says U.S. service sector grew in MayJun 02, 2011 11:00 pm - A trade group says the U.S. economy's service sector grew in May for an 18th straight month, posting slightly faster growth than in April. The Institute for Supply Manag...
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Food pyramid out, 'My Plate' inJun 02, 2011 12:00 am - WASHINGTON — The Agriculture Department unveiled a new symbol for healthy eating Thursday, abandoning a food pyramid that has guided some Americans' food choices while c...
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Groupon files for IPOJun 02, 2011 12:00 am - SAN FRANCISCO — Rapidly growing online coupon seller Groupon Inc. is offering its most tantalizing deal yet — an initial public offering of stock likely to intensify a d...
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Panel: Drug war has failedJun 02, 2011 12:00 am - NEW YORK — A high-level international panel slammed the war on drugs as a failure Thursday and called on governments to undertake experiments to decriminalize the use of...
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Workers’ comp bill: businesses gain, doctors loseJun 02, 2011 12:00 am - Suburban businesses will be helped and suburban doctors and hospitals will be hurt as a result of the workers’ compensation reform bill passed by the state legislature, ...
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Groupon files for hotly anticipated IPOJun 02, 2011 12:00 am - NEW YORK — Fast-growing daily deal site Groupon Inc. on Thursday filed go public, the first step what will be one of the year’s most hotly anticipated initial public off...
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Crackdown on for-profit collegesJun 02, 2011 12:00 am - NEW YORK — The government is moving forward with its crackdown on the country’s for-profit schools, aiming to protect students from taking on too much debt to attend sch...