Business Stories from May 14, 2012 (Change date)
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Northrop Grumman begins production of infrared missile warning systemMay 14, 2012 8:00 am - The U.S. Air Force has authorized full rate production of the NexGen Infrared missile warning system (MWS), a Northrop Grumman Corporation-designed, built and tested pro...
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JPMorgan London unit may be at riskMay 14, 2012 6:32 am - The entire London staff of JPMorgan Chase & Co.’s chief investment office is at risk of dismissal as a $2 billion trading loss prompts the first executive departures as ...
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Hoffman sports leader up to bat with Italian teamMay 14, 2012 6:30 am - Hoffman Estates resident Peter M. Caliendo has made baseball his life. He was the director of baseball operations when the former Schaumburg Flyers started. He even trav...
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Facebook to finish taking orders for IPO tomorrowMay 14, 2012 6:18 am - The banks managing Facebook Inc.’s initial public offering plan to stop taking orders tomorrow, ahead of schedule, according to a person with knowledge of the trans...
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Yamaha to invest $418 million in India plants to expand capacityMay 14, 2012 6:18 am - Yamaha Motor Co. will invest 22.5 billion rupees ($418 million) in India over the next five years to raise its two-wheeler production capacity by almost fivefold to 2.8 ...
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Palladium returning to shortage after biggest glut in four yearsMay 14, 2012 6:18 am - Lower palladium sales from Russian state stockpiles and more demand from carmakers will mean a shortage of the metal this year after the biggest surplus in four years in...
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American Airlines agrees to study merger ideaMay 14, 2012 6:00 am - DALLAS - American Airlines says it is agreeing with creditors to consider potential mergers while it is still under bankruptcy protection. American parent AMR Corp. say...
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New owner takes over Downers Grove salonMay 14, 2012 6:00 am - An interview with Tara Engstrom, owner of Salon Sophia in Downers Grove. Q: Describe your business. What do you do? A: We are a full service salon and day spa. We specia...
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How to make your business matter to customersMay 14, 2012 6:00 am - There’s stuff to do: Ÿ Make your business important. You probably think it is. Hopefully, family and employees do, too. We’re aiming at customers, however. Determine you...
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World stocks fall after optimism fizzles on ChinaMay 14, 2012 5:40 am - TOKYO — World stock markets fell Monday as optimism over a move by China’s central bank to encourage lending were offset by lingering uncertainty about crisis-...