Business Stories from October 5, 2011 (Change date)
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10 products that defined Steve Jobs' careerOct 05, 2011 12:00 am - NEW YORK — Steve Jobs had no formal schooling in engineering, yet he's listed as the inventor or co-inventor on more than 300 U.S. patents. These are some of the signifi...
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Obama statement on death of Steve JobsOct 05, 2011 12:00 am - President Barack Obama’s statement on the death of Apple co-founder Steve Jobs: Michelle and I are saddened to learn of the passing of Steve Jobs. Steve was among the gr...
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Friendly Ice Cream Chain Files for Bankruptcy After 76 YearsOct 05, 2011 12:00 am - Friendly Ice Cream Corp., the 76- year-old restaurant chain known for its ice cream and burgers, sought bankruptcy protection from creditors four years after being bough...
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Merkel Says EFSF Can Be Used as Last Line to Recapitalize BanksOct 05, 2011 12:00 am - German Chancellor Angela Merkel said that the European rescue fund can be used as a last line of defense to recapitalize banks if necessary to defend the euro. If troubl...
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Reid proposes 5% tax on those earning more than $1 millionOct 05, 2011 12:00 am - Senate Democratic leaders proposed a new 5 percent tax on people earning more than $1 million a year to help pay for President Barack Obama’s job-creation plan. Majority...
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Stocks rise on hopes for European banksOct 05, 2011 12:00 am - NEW YORK — Stocks rose sharply for a second straight day Wednesday on signs that the U.S. economy grew in September and that European officials are moving to support the...
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‘Cookie Duster’ Oil Executives Get Better Returns, Analyst SaysOct 05, 2011 12:00 am - Oil and natural-gas companies with executives who sport a mustache, a facial feature donned by Confucius, Einstein and Magnum P.I., had better returns during the past de...
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Sikich Investment completes recapitalization of BrookOct 05, 2011 12:00 am - Chicago-based Sikich Investment Banking completed the recapitalization of Brook Furniture Rental, Inc September 30. Brook is a provider of high-quality rental furniture...
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Growers: Perfect year for Illinois pumpkinsOct 05, 2011 12:00 am - It's a good year to find the perfect pumpkin. After an essentially average summer, officials at the Illinois Department of Agriculture said this year's pumpkin crop is “...
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Statement from Apple board after Steve Jobs’ deathOct 05, 2011 12:00 am - Following the death of Apple Inc. co-founder and chairman Steve Jobs on Wednesday, the board of the iPhone and iPad maker released the following statement: “We are deepl...