Business Stories from February 19, 2012 (Change date)
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Electronics service center continues in WheelingFeb 19, 2012 11:00 pm - An interview with Ira Berman, owner of SkokieTV Service Co. in Wheeling. Q: Describe your business. What do you do? A: We are a family-owned full service consum...
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SEC surrender continues with bear bankers dealFeb 19, 2012 11:00 pm - Once again, the Securities and Exchange Commission has embarrassed itself. Last week it let off the hook two hotshot former Wall Street hedge-fund managers who lost a bu...
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Libya to create reconstruction fund, stock exchange chief saysFeb 19, 2012 11:00 pm - Libya will create a real-estate fund to help rebuild the country after last year’s war to oust Muammar Qaddafi, said Ahmed Karoud, the general manager of the Libyan Stoc...
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Lloyds Banking Group confirms bonus clawbackFeb 19, 2012 11:00 pm - LONDON — Lloyds Banking Group says it has canceled bonus payments for 13 past and present executives over their involvement in the costly misselling of payment protectio...
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Oil prices jump to 9-month highFeb 19, 2012 11:00 pm - Oil prices jumped to a nine-month high above $105 a barrel on Monday after Iran said it halted crude exports to Britain and France in an escalation of a dispute over the...
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How to get your business ready for better timesFeb 19, 2012 11:00 pm - Climbing out of a recession should be more fun than falling into one. However, getting your business ready for what may be modestly better times ahead isn’t an easy tas...
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GE capital said to sell 3-year euro-denominated bondsFeb 19, 2012 11:00 pm - General Electric Capital Corp. is selling three-year senior unsecured bonds in euros, according to two people with knowledge of the sale. The notes may be priced to yiel...
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Quinn touts jump in Illinois exportsFeb 19, 2012 11:00 pm - CHAMPAIGN — When Gov. Pat Quinn faces criticism over Illinois' economy, he argues things are getting better, making one key claim in particular: The state's exports incr...
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FDA to review inhalable caffeineFeb 19, 2012 11:00 pm - BOSTON — U.S. Food and Drug Administration officials plan to investigate whether inhalable caffeine sold in lipstick-sized canisters is safe for consumers and if its ma...
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Lloyds former ceo to forfeit 40% of bonus after insurance lossesFeb 19, 2012 11:00 pm - Lloyds Banking Group Plc’s former chief executive officer, Eric Daniels, will lose 40 percent of his final bonus as he and 12 other current and former executives were pe...