Business Stories from August 24, 2011 (Change date)
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Qantas doubles annual profit to $263 millionAug 24, 2011 12:00 am - SYDNEY — Qantas Airways Ltd. said Wednesday it more than doubled annual profit to 250 million Australian dollars ($263 million) but warned the business environment is to...
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Illinois granted $5.1M for insurance exchangeAug 24, 2011 12:00 am - The Illinois Department of Insurance has been awarded a $5.1 million federal grant to develop and maintain a health insurance exchange where consumers can shop for cover...
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Algonquin's fees could mean game over for potential arcadeAug 24, 2011 12:00 am - The cost of licensing fees could thwart a plan to bring an arcade of classic video games like “Pac-Man,” “Frogger” and “Galaga” to Algonquin. Business partners Mark Batt...
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Moody’s downgrades Japan’s credit ratingAug 24, 2011 12:00 am - TOKYO — Moody’s downgraded Japan’s credit rating, citing the country’s weak growth prospects, massive government debt and constant political uncertainty. The cut in Japa...
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Big banks offer payday loans by another nameAug 24, 2011 12:00 am - NEW YORK — Payday loans may be coming to a bank near you. They’re marketed under a different name, but a handful of major banks already let customers borrow against thei...
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Book details IKEA founder’s Nazi linksAug 24, 2011 12:00 am - STOCKHOLM — A new book claims IKEA founder Ingvar Kamprad’s youth ties with Nazi groups extended beyond what he has previously admitted, saying Sweden’s intelligence age...
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Toll Brothers’ 3Q net income rises, revenue dropsAug 24, 2011 12:00 am - HORSHAM, Pa. — Toll Brothers Inc. said Wednesday that its fiscal third-quarter net income rose 54 percent, partly helped by a higher tax benefit. But the nation’s bigges...
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Buffalo Grove teaming with neighbors to address foreclosuresAug 24, 2011 12:00 am - Buffalo Grove trustees this week formalized the village’s participation in the Northwest Suburban Housing Collaborative, an multi-suburb effort to address issues surroun...
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Parents, ACLU sue NJ city over Facebook recordsAug 24, 2011 12:00 am - TRENTON, N.J. — The American Civil Liberties Union of New Jersey is suing the state’s biggest city for refusing to release records related to a $100 million gift pledged...
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Hertz, GE partner in China electric autos ventureAug 24, 2011 12:00 am - SHANGHAI — Rental car company Hertz Global Holdings says it plans to partner with General Electric in offering electric vehicles in China and expanding the charging netw...