Business Stories from December 19, 2011 (Change date)
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Japan prosecutors raid Olympus HQ over cover-upDec 19, 2011 11:00 pm - TOKYO — Japanese prosecutors raided the headquarters of Olympus Corp. on Wednesday as part of an investigation into the cover-up of massive losses at the camera and medi...
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Holiday shoppers step up buyingDec 19, 2011 11:00 pm - NEW YORK — Shoppers came out again to seriously shop last week, after taking breather from a record spending spree over the Thanksgiving weekend, according to one measur...
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Poker company co-founder pleads guiltyDec 19, 2011 11:00 pm - NEW YORK — The co-founder of an Internet poker company pleaded guilty Tuesday to conspiracy charges, admitting that he knew he was breaking the law when he arranged for ...
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China probing blast at Apple supplier factoryDec 19, 2011 11:00 pm - SHANGHAI — Authorities are investigating the cause of an explosion over the weekend that injured dozens of people at the Shanghai factory of a supplier to Apple Inc. The...
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Willie Gault accused of inflating company stockDec 19, 2011 11:00 pm - Former Bears wide receiver Willie Gault was charged in a federal complaint Tuesday claiming he defrauded an investor to pump up the stock of a medical device company. Th...
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Taiwanese tycoon’s son sues for $4B in family feudDec 19, 2011 11:00 pm - HONG KONG — The son of late Taiwanese industrialist billionaire Wang Yung-ching is suing his half sisters and others in a Hong Kong court to recover $4 billion in assets...
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Schaumburg gets $43,000 for pollution studyDec 19, 2011 11:00 pm - Illinois officials have awarded Schaumburg a $43,000 grant to assess any possible contamination on a 54-acre former farm field targeted for development. The Environment...
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Aon paying $16.3M in alleged bribery settlementsDec 19, 2011 11:00 pm - WASHINGTON — Insurance brokerage Aon has agreed to pay more than $16 million to settle criminal and civil allegations that it bribed employees of government-owned compan...
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News International pays out on phone hackingDec 19, 2011 11:00 pm - LONDON — Rupert Murdoch’s News International says it has paid out to seven more prominent figures in the wake of the phone hacking scandal at its now-shuttered News of t...
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U. of Illinois opens nutrition center with AbbottDec 19, 2011 11:00 pm - The University of Illinois and Abbott Laboratories say they have created a center for dedicated to the role of nutrition in learning and memory. The university and the p...