Business Stories from July 28, 2011 (Change date)
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Work transfer costing NE Indiana factory 175 jobsJul 28, 2011 11:00 pm - BERNE, Ind. — An auto parts supplier is transferring production from a northeastern Indiana factory to plants to Tennessee and Kentucky, a move that the company says wil...
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Avon Products 2nd-quarter net income risesJul 28, 2011 12:00 am - NEW YORK - Cosmetics seller Avon Products Inc.'s second-quarter net income rose 23 percent, helped by higher revenue in Latin America, its largest region. Avon said Thu...
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Lake Forest man accused in sleep disorder scamJul 28, 2011 12:00 am - A suburban Chicago man has been accused of defrauding investors of a now-defunct sleep disorder business of $4 million. Federal prosecutors say 52-year-old Kenneth Dach...
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Boomers worry about finances, health costsJul 28, 2011 12:00 am - WASHINGTON — The “golden years” may lose some luster for many baby boomers worried about the financial pressures that come with age Many of the nation’s 77 million boome...
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Lake County leaders talk business, futureJul 28, 2011 12:00 am - Leaders of southeast Lake County communities shared information about new businesses, road improvements and plans to improve local sales tax revenues Thursday as part of...
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Hyatt Hotel workers file complaint over heat lampsJul 28, 2011 12:00 am - Hotel workers say they are filing charges with the government against Hyatt for turning heat lamps on striking workers at the Park Hyatt Chicago during the heat wave las...
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Kellogg’s 2nd-quarter net rises on higher pricesJul 28, 2011 12:00 am - BATTLE CREEK, Mich. -- Kellogg Co.’s second-quarter profit rose 14 percent as the world’s largest cereal maker benefited from higher prices, new products and improved ce...
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Nike CEO’s compensation down 16 percentJul 28, 2011 12:00 am - Associated Press PORTLAND, Ore. Nike Inc.’s CEO Mark Parker saw his compensation fall 16 percent to about $11 million during fiscal 2011 largely due to a drop in his pay...
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Siemens U.S. Sales Up 15%Jul 28, 2011 12:00 am - Siemens AG today announced that it will reach its profit and growth targets for FY2011. “We continued to grow in the third quarter and are on track to reach our targets ...
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Time Warner Cable posts higher 2Q net incomeJul 28, 2011 12:00 am - Associated Press — Time Warner Cable Inc. posted a 23 percent jump in its second-quarter earnings Thursday, boosted by strong results in its business services and higher...