Business Stories from October 5, 2011 (Change date)
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Socialbyte hits milestone managing 120 social media streamsOct 05, 2011 12:00 am - Long Grov-based Socialbyte announced that in its first four months of operation, business has increased 400 percent month over month, accounting for over 120 social stre...
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Euro weakens versus yen after Moody's cuts Italy's debt ratingOct 05, 2011 12:00 am - The euro approached a 10-year low versus the yen after Moody's Investors Service cut Italy's debt ranking and amid speculation a slowing economy will prompt the European...
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Steve Jobs’ 3 medical leaves as CEO of AppleOct 05, 2011 12:00 am - Steve Jobs, who died on Wednesday at 56, went on medical leave three times before resigning as CEO: 2004 — Undergoes surgery to treat a very rare form of pancreatic canc...
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Obama Signs Stopgap Bill to Fund U.S. Government Through Nov. 18Oct 05, 2011 12:00 am - President Barack Obama signed a stopgap funding bill to keep the government operating through Nov. 18, the White House said in a statement. The president's signature buy...
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Russia Sold $8 Billion, Most Since Ruble’s 2009 DevaluationOct 05, 2011 12:00 am - Russia’s central bank sold about $8 billion to shore up the domestic currency last month, the most since it arrested the ruble’s devaluation in January 2009, Chairman Se...
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Quinn touts $78M plan to finance small businessesOct 05, 2011 12:00 am - Gov. Pat Quinn says a new state initiative will help small businesses get the financing they need to start up or expand. Quinn on Wednesday said the state will leverage ...
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Quinn: Illinois should be electric vehicle capital of U.S.Oct 05, 2011 12:00 am - Gov. Pat Quinn says he wants to make Illinois the electric vehicle capital of the United States. Quinn appeared publicly Wednesday for the first time since he returned f...
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Report shows service firms cut workers last monthOct 05, 2011 12:00 am - WASHINGTON — Service companies cut workers last month for the first time in 13 months, according to a private survey. The decline is a pessimistic sign two days before t...
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OfficeMax donates $1.7 million in school suppliesOct 05, 2011 12:00 am - NAPERVILLE — OfficeMax Inc. and its retail customers together donated more than $1.7 million in classroom supplies to teachers nationwide through OfficeMax’s annual A Da...
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Turkey Central Bank Doubles Foreign Currency Reserve LimitOct 05, 2011 12:00 am - Turkey's central bank doubled the amount of reserves banks may keep in foreign currency to as much as 20 percent of lira liabilities, increasing the central bank's reser...