Business Stories from September 7, 2011 (Change date)
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Oil hovers above $86 as Obama speech awaitedSep 07, 2011 12:00 am - SINGAPORE — Oil prices hovered above $86 a barrel Wednesday in Asia amid hopes that President Barack Obama's major policy speech later this week will provide a catalyst ...
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Consolidated media signs a$250 million of acquisition loansSep 07, 2011 12:00 am - Consolidated Media Holdings Ltd. signed loan facilities worth A$250 million, according to data compiled by Bloomberg. One facility of A$100 million matures in 2014 while...
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Ohio grocery chain to open first store in suburbsSep 07, 2011 12:00 am - An 82-year-old, family-owned supermarket chain is planning its first venture outside of the greater Cleveland area with a new location at the site of Barrington's recent...
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Yahoo stock rises 5% after CEO firedSep 07, 2011 12:00 am - SAN FRANCISCO — Yahoo's stock rose more than 5 percent on Wednesday after the company fired its CEO following more than 2½ years of financial lethargy. Tuesday's ouster ...
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Most China stocks riseSep 07, 2011 12:00 am - Most China stocks rose on speculation the nation’s equities are undervalued relative to earnings and U.S. President Barack Obama’s expected jobs proposal may boost the w...
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Report: 2,300 layoffs set at Illinois companiesSep 07, 2011 12:00 am - A new state report finds that nearly 2,300 workers at 11 Illinois companies will be laid off in the next few weeks. The Chicago Sun-Times reports the information from an...
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China’s corn imports may growSep 07, 2011 12:00 am - China’s corn imports may jump to 5 million tons in 2011-2012, even amid forecasts for a bumper local harvest, Eric Zhu, managing director at Hanfeng Huayu (Beijing) Inte...
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Emanuel: Chicago staffing company to hire 400Sep 07, 2011 12:00 am - Mayor Rahm Emanuel says a Chicago staffing company plans 400 new jobs over the next year. Emanuel announced Wednesday that SeatonCorp will hire programmers, recruiters a...
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Postal Service may get short-term financial helpSep 07, 2011 12:00 am - WASHINGTON — The White House may pull the Postal Service back from the brink of insolvency, at least for a few months. Postmaster General Patrick Donahoe reports the age...
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Mortgage applications decline for third weekSep 07, 2011 12:00 am - Mortgage applications in the U.S. fell for a third consecutive week as fewer Americans refinanced, while purchases stayed close to a 14-year low. The Mortgage Bankers As...