Business Stories from May 22, 2012 (Change date)
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Google closes on Motorola Mobility acquisitionMay 22, 2012 8:00 am - Google says it has completed its acquisition of Libertyville-based Motorola Mobility and it has appointed a Google executive as the new CEO of the business. Google says...
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Wisconsin real estate market continues to reboundMay 22, 2012 7:36 am - MILWAUKEE — The real estate market in Wisconsin continues to rebound. Figures from the Wisconsin Realtors Association show sales of existing homes rose 19½ percent in A...
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Firms relieved after relatively peaceful summitMay 22, 2012 7:36 am - Private companies in downtown Chicago have come through the NATO summit largely unscathed, with few if any reports of damage resulting from protests. With NATO’s two-da...
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UIC to study government reaction to recessionMay 22, 2012 7:36 am - Researchers at University of Illinois at Chicago will get a $950,000 grant for a three-year study to help city governments respond to recessions. The study will look at ...
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Oil hangs below $93 as stock rebound buoys crudeMay 22, 2012 7:14 am - SINGAPORE — Oil prices hung below $93 a barrel Tuesday in Asia, holding gains from the previous day as crude followed global stock markets higher. Benchmark oil for...
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Organizers: Don’t mess with the Olympic brandMay 22, 2012 7:04 am - LONDON — One day, the small espresso shop near the site of the London Games was the “Olympic” cafe. The next day, it was the “Lympic.” So where ...
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Fitch cuts Japan credit rating as debt balloonsMay 22, 2012 6:54 am - TOKYO — Fitch has downgraded Japan’s credit rating to A-plus with a negative outlook, reflecting risks from its ballooning government debt. Fitch Ratings said ...
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Eurozone warned ‘severe recession’ loomingMay 22, 2012 6:48 am - PARIS — The 17-country eurozone risks falling into a “severe recession,” the Organization for Economic Cooperation and Development warned on Tuesday, as it called on gov...
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Stocks rally further in run-up to EU summitMay 22, 2012 6:48 am - MOSCOW — Stocks advanced Tuesday ahead of a summit of European leaders that’s expected to be dominated by calls to boost economic growth across the continent, though ong...
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Romney's Bain playbook unclear as attacks growMay 22, 2012 6:00 am - NEW YORK - The core of his presidential candidacy under attack, Mitt Romney has yet to shape a playbook to defend a quarter-century in the business world that created gr...