Business Stories from May 7, 2012 (Change date)
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Garden Fresh store in Mt. Prospect to close in JuneMay 07, 2012 12:00 pm - Wheeling-based Garden Fresh will close its Mount Prospect store in June, affecting about 50 workers, a company executive said Monday. Stiffer competition from a nearby ...
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Kronos Foods enters Greek yogurt marketMay 07, 2012 12:00 pm - Glendale Heights-based Kronos Foods said it has received USDA certification as a dairy facility and will begin producing Greek yogurt specifically for the food service i...
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Well-known Detroit-area hotel to get new nameMay 07, 2012 11:19 am - Associated Press DEARBORN, Mich. — A well-known Detroit-area hotel is expected to get a new name. WDIV-TV and The Detroit News report Monday that the Hyatt Regency Hotel...
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ITW declares dividend of 36 cents per shareMay 07, 2012 10:49 am - Gleview based Illinois Tool Works’ board of directors declared a regular quarterly cash dividend of 36 cents per share or $1.44 cents per share on an annual basis, paid ...
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Movers and Shakers: Rail retirement board names two to committeeMay 07, 2012 10:49 am - The U.S. Railroad Retirement Board (RRB) has appointed Keith B. Early, Dorothy Isherwood, and Martha M. Barringer to its senior-level Executive Committee. Earley will se...
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Mall operator becomes biggest real estate companyMay 07, 2012 10:44 am - INDIANAPOLIS — The nation’s largest shopping mall operator is now also the world’s largest real estate company. Indianapolis-based Simon Property Group this month is lis...
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Behind the rhetoric on Ill. health care, pensionsMay 07, 2012 10:32 am - SPRINGFIELD — Gov. Pat Quinn recently lit a fire under the simmering questions of what Illinois will do about climbing pension and Medicaid costs. He proposed cuts...
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Citgo refinery flares gases in illinoisMay 07, 2012 9:52 am - The flaring was caused by a power failure, the filing with the Illinois Emergency Management Agency showed. ...
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U.S. stock futures fall after European electionsMay 07, 2012 9:02 am - NEW YORK — A roiling political landscape in Europe pushed U.S. stock futures lower Monday as beleaguered voters in Greece and France rejected years of painful budget cut...
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Fannie, Freddie should issue interchangeable bonds, MBA saysMay 07, 2012 9:02 am - Fannie Mae and Freddie Mac should work toward issuing interchangeable mortgage-backed securities, said David Stevens, the head of the Mortgage Bankers Association. Takin...