Business Stories from April 18, 2012 (Change date)
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Report: Competitive bidding for medical equipment reduces Medicare fraudApr 18, 2012 12:03 pm - WASHINGTON — A yearlong experiment with competitive bidding for power wheelchairs, diabetic supplies and other personal medical equipment produced $200 million in saving...
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EU slams governments for not enacting growth lawsApr 18, 2012 12:00 pm - BRUSSELS — The 27 member countries of the European Union have been slammed for not implementing laws designed to boost growth on the crisis-hit continent. The criticism,...
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Europe weighs heavily on U.S. stock marketApr 18, 2012 11:43 am - NEW YORK — It hardly needed it, but the U.S. stock market on Wednesday got another sharp reminder of how its fortunes are inexorably tied to the European economy. All th...
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Hyatt Regency signs on as “Official Hotel of the Bandits”Apr 18, 2012 11:34 am - ROSEMONT — The Chicago Bandits have entered into a two-year partnership with the Hyatt Regency O’Hare in Rosemont, making it the “Official Hotel of the Chicago Bandits.”...
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UOP jet biofuel to be used in performance testApr 18, 2012 11:34 am - DES PLAINES — UOP LLC, a Honeywell company, announced its Honeywell Green Jet Fuel will be used for the world’s first comprehensive test program using a new biofeedstock...
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AAR announces 7.5 cent per share dividendApr 18, 2012 11:34 am - WOOD DALE — AAR Corp. said its board of directors declared a quarterly cash dividend of 7.5 cents per share to its stockholders, payable May 15 to stockholders of record...
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Sears completes sale of 11 stores to General GrowthApr 18, 2012 11:34 am - HOFFMAN ESTATES — Sears Holdings Corp. said it has completed the sale of 11 Sears full-line stores, including one in Champaign, to General Growth Properties for $270 mil...
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LeSaint to oversee Transitions Optical distributionApr 18, 2012 11:34 am - PRNewswire ROMEOVILLE — LeSaint Logistics said it will handle the distribution needs for lens technology company Transitions Optical Inc. The Pinellas Park, Fla., manuf...
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Judge asked to sign off on BP oil spill settlementApr 18, 2012 11:06 am - NEW ORLEANS — BP and a team of plaintiffs’ attorneys on Wednesday presented a federal judge with the formal terms of a proposed class-action settlement designed to resol...
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Google CEO Page returns to stand in Oracle trialApr 18, 2012 11:00 am - SAN FRANCISCO — Google CEO Larry Page returned to the witness stand Wednesday in Oracle's patent and copyright case against the Internet search leader over its popular A...