Business Stories from June 30, 2011 (Change date)
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Even the queen will have to take a pay cutJun 30, 2011 12:00 am - LONDON — After the pricey glitz of Britain’s royal wedding celebrations, Queen Elizabeth II must prepare for a pay cut under the country’s austerity measures, lawmakers ...
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Lifespace acquires Downers Grove centerJun 30, 2011 12:00 am - DES MOINES, Iowa — Lifespace Communities, a Des Moines-based not-for-profit senior living provider, Thursday announced the acquisition of Fairview Village, a continuing ...
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Saudi foreign assets hit record $480 billionJun 30, 2011 12:00 am - CAIRO — Saudi Arabia’s net foreign assets hit 1.8 trillion riyals ($480 billion) in May, their highest level ever, as surging oil prices helped the kingdom offset increa...
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Romanian man sentenced in web auction scamJun 30, 2011 12:00 am - A federal judge in Chicago has sentenced a Romanian man to four years in prison in connection with a plan to hide money obtained through an international fraud scheme. F...
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Mechanical failure caused emergency landing of Chicago United ’10 flightJun 30, 2011 12:00 am - Investigators say a mechanical failure and a confusing flight manual contributed to an emergency landing of a United Airlines flight out of Chicago at Newark Liberty Int...
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Aurora hopes new businesses spark economyJun 30, 2011 12:00 am - Aurora officials aren't saying the economic recovery is in full swing or its budget challenges are a thing of the past. But with the recent announcement that two major c...
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Swiss want to raise tax on wealthy foreignersJun 30, 2011 12:00 am - The Swiss Government today asked Swiss Parliament to approve raising the tax rate for wealthy foreigners living in the country. Under the proposal, foreigners would be t...
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Gov. Quinn launches Twitter accountJun 30, 2011 12:00 am - Illinois Gov. Pat Quinn wants to know what Illinoisans are tweeting about. The Chicago Democrat’s office has launched an official Twitter account. They say Quinn is inte...
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Accuser’s credibility shakes rape case vs. ex-IMF chiefJun 30, 2011 12:00 am - NEW YORK — Questions that have surfaced about the credibility of a hotel housekeeper who has accused former International Monetary Fund leader Dominique Strauss-Kahn of ...
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Mazda sees growth with lean gas enginesJun 30, 2011 12:00 am - TOKYO — Mazda’s president believes gasoline engines will still power 80 to 90 percent of the world’s autos even in 20 years time, and remains confident the carmaker can ...