Business Stories from January 24, 2012 (Change date)
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Dover 4Q revenue up 15 percentJan 24, 2012 11:00 pm - DOWNERS GROVE — Dover Corp. reported fourth quarter revenues of $2 billion, an increase of 15 percent over the same period last year, driven primarily by growth in its b...
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Geithner: Obama won’t ask me to stay in a 2nd termJan 24, 2012 11:00 pm - WASHINGTON — Timothy Geithner said Wednesday that he doesn’t expect to serve a second term as Treasury secretary. He said he doesn’t think President Barack Obama would a...
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New owners to reopen Prairie Rock with same nameJan 24, 2012 11:00 pm - It’s been a movie theater, a soul food restaurant, a dance hall, a brewery and a venue for mixed martial arts, but the former Prairie Rock Brewing Co. in downtown Elgin ...
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Madigan sues Standard & Poor’sJan 24, 2012 11:00 pm - The Illinois attorney general filed a lawsuit Wednesday accusing Standard & Poor’s of misleading investors by assigning its highest ratings to risky mortgage-backed inve...
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J.C. Penney rolls out new pricing strategyJan 24, 2012 11:00 pm - NEW YORK — J.C. Penney is permanently marking down all of its merchandise by at least 40 percent so shoppers will no longer have to wait for a sale to get the lowest pri...
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Indiana House passes right-to-work billJan 24, 2012 11:00 pm - INDIANAPOLIS — Indiana’s Republican-controlled House of Representatives cleared the way Wednesday to become the first right-to-work state in a traditionally union-heavy ...
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Apple juggernaut gets little investor respectJan 24, 2012 11:00 pm - NEW YORK — Apple is worth $415 billion, putting it neck and neck with Exxon Mobil as the world's most valuable company. But by standard Wall Street measures, its stock i...
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Abbott cuts 200 jobs in Lake CountyJan 24, 2012 11:00 pm - North Chicago-based Abbott Laboratories is eliminating 200 jobs in Lake County as part of a 700-job cutback affecting workers in the U.S. and Puerto Rico, the company sa...
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Elk Grove Village pulls alarm ordinanceJan 24, 2012 11:00 pm - The Elk Grove Village board Tuesday night decided to pull an ordinance urging all new businesses, and multifamily condominium/apartment complexes built in town, to insta...
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Could you be a 15-percenter? Decoding tax ratesJan 24, 2012 11:00 pm - NEW YORK — Millionaires can be just like everyone else. At least when it comes to paying taxes. Mitt Romney released records this week that show he pays a tax rate of ab...