Business Stories from August 2, 2011 (Change date)
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South Elgin High School scoreboard gets sponsorsAug 02, 2011 12:00 am - A pair of big-name sponsors will have their names emblazoned across the South Elgin High School stadium scoreboard when the school hosts its first athletic event in the ...
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FAA shutdown to continue as Congress leavesAug 02, 2011 12:00 am - WASHINGTON — The government is likely to lose more than $1 billion in airline ticket taxes because lawmakers have left town for a month without resolving a partisan stan...
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Saudi takes step to build tallest towerAug 02, 2011 12:00 am - CAIRO — Saudi Arabia took a key step forward Tuesday in its plan to build the world’s tallest tower and outdo Gulf neighbor Dubai, which inaugurated its own record-break...
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Study: iPhone users are most connected at 30,000 feetAug 02, 2011 12:00 am - ITASCA — There might be more Android devices in the market, but when it comes to staying connected at 30,000 feet, iPhone users reign supreme, according to airline Wi-Fi...
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U.S. auto industry uneasy after weak July salesAug 02, 2011 12:00 am - DETROIT — Car buyers kept visiting dealerships in July, but not in big enough numbers to shake the auto industry's unease about its recovery. Analysts predicted only a s...
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UL acquires German medical device testing companiesAug 02, 2011 12:00 am - NORTHBROOK — UL has acquired MDT medical device testing GmbH and MD registration support Ltd., both based in Ochsenhausen, Germany. They will become part of UL’s Life an...
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Aldermen worry there are too many bars in St. CharlesAug 02, 2011 12:00 am - Rich Simpson's plan to bring a new business to downtown St. Charles would be welcome in a down economy in most instances. But aldermen tired of the frequent need for pol...
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Chinese agency downgrades US credit ratingAug 02, 2011 12:00 am - BEIJING — A little-known Chinese ratings agency has downgraded the rating of the United States from A+ to A. The move is unlikely to affect U.S. borrowing rates but refl...
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Geneva Hardware closes with little notice to customersAug 02, 2011 12:00 am - Geneva Hardware store closed unexpectedly Monday. “We regret to inform you that our store is closed,” according to signs placed on the entrances of the store at 2063...
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Economy pressures push OfficeMax 2Q results down slightlyAug 02, 2011 12:00 am - PRNewswire NAPERVILLE — OfficeMax Incorporated said total sales in the second quarter decreased slightly as demand in the office supply sector continues to remain soft. ...