Business Stories from November 1, 2011 (Change date)
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Life Spine awarded seven new patentsNov 01, 2011 12:00 am - PRnewswire HOFFMAN ESTATES — Life Spine, a medical device company that designs, develops, manufactures and markets products for the surgical treatment of spinal disorder...
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Sara Lee's coffee spinoff set for April or MayNov 01, 2011 12:00 am - Sara Lee Corp. is making “good progress” with a plan to spin off its coffee unit and expects the split to take place by April or May, its chief executive officer said. “...
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Toys ‘r’ Us acquires 70% stake in Southeast Asia, China storesNov 01, 2011 12:00 am - Toys “R” Us Inc., the world’s largest toy chain, bought a 70 percent stake in its licensed operations in Greater China and Southeast Asia as it looks to expand in the re...
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Greek turmoil sends U.S. and world markets lowerNov 01, 2011 12:00 am - NEW YORK — A wave of selling swept across Wall Street and stock markets around the world Tuesday after Greece's prime minister said he would call a national vote on an u...
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Europe crisis plans at risk after Greek vote callNov 01, 2011 12:00 am - ATHENS, Greece — Europe’s days-old plan to solve its crippling debt crisis and restore faith in the global economy has been thrown into chaos by the Greek prime minister...
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European banks reduce jobs as debt crisis ends 'years of plenty'Nov 01, 2011 12:00 am - European banks are accelerating jobs cuts as the region's debt crisis shrinks revenue and regulators force financial firms to bolster capital. Credit Suisse Group AG, Sw...
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Oecd refiners need to restructure, former iea director saysNov 01, 2011 12:00 am - Oil refiners in developed nations need to “restructure” as demand for diesel accelerates more quickly than consumption of gasoline, according to the former executive dir...
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Armour markets lower sodium pepperoniNov 01, 2011 12:00 am - LISLE — Armour has created an option for sodium-conscious consumers who love pepperoni, but aren’t willing to sacrifice flavor. The use of an all-natural sodium replac...
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Bank of America nixes $5 debit card feeNov 01, 2011 12:00 am - NEW YORK — Bank of America Corp. is scrapping its plan to charge a $5 monthly fee for making debit card purchases after an uproar and threatened exodus by customers. The...
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Career Education CEO resignsNov 01, 2011 12:00 am - Schaumburg — Career Education Corporation Tuesday said its board of directors has accepted the resignation of Gary E. McCullough as president, chief executive officer an...