Business Stories from August 23, 2011 (Change date)
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Illinois tried to stop Modern Forge departureAug 23, 2011 12:00 am - Illinois Gov. Pat Quinn says he wanted Blue Island-based Modern Forge to stay in Illinois and not move to Indiana. Quinn says the state made a “generous” offer to the co...
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Wall Street aristocracy got $1.2 trillion in secret loansAug 23, 2011 12:00 am - NEW YORK — Citigroup and Bank of America were the reigning champions of finance in 2006 as home prices peaked, leading the 10 biggest U.S. banks and brokerage firms to t...
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Other states keep trying to poach Illinois jobsAug 23, 2011 12:00 am - CHAMPAIGN — Even as Gov. Pat Quinn hailed the start of a construction project Tuesday that will create 1,200 short-term jobs, Indiana and South Dakota kept up a push by ...
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EMC Corp. to bring 200 jobs to ChicagoAug 23, 2011 12:00 am - EMC Corp. is opening a new office in Chicago and plans to bring 200 jobs to the city over the next two years. Chicago Mayor Rahm Emanuel announced the company’s plans Tu...
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Report says Sprint to get iPhone in OctoberAug 23, 2011 12:00 am - NEW YORK — Sprint Nextel Corp., the country’s third-largest cellphone company, will start selling the iPhone in mid-October, The Wall Street Journal said Tuesday. Citing...
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Motorola Solutions transfers 220 workersAug 23, 2011 12:00 am - Schaumburg-based Motorola Solutions is transferring about 220 workers — including 95 in Schaumburg — with the sale of two business units to a private equity firm. Motoro...
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Toyota debuts new CamryAug 23, 2011 12:00 am - DEARBORN, Mich. — Toyota plans to unveil its first redesign of the Camry in five years on Tuesday. While it promises new technology and other upgrades, America’s best-se...
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CORPAK MedSystems names Blair CEOAug 23, 2011 12:00 am - Buffalo Grove-based CORPAK MedSystems Inc. named Jeffrey Blair as the company’s chief executive officer. Tom Kuhn, who served as chief executive officer of CORPAK until ...
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Illinois manufacturer plans NW Indiana moveAug 23, 2011 12:00 am - MERRILLVILLE, Ind. — Officials say an Illinois manufacturer will open a factory in northwestern Indiana, where it plans to potentially hire hundreds of workers. Merrillv...
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Kraft lowers Maxwell, Yuban prices as coffee costs fallAug 23, 2011 12:00 am - Northfield-based Kraft Foods Inc. lowered prices by a net 6 percent on some U.S. coffee products, including Maxwell House and Yuban, after the costs of beans declined. R...