Business Stories from June 4, 2012 (Change date)
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Elgin councilwoman awarded political fellowshipJun 04, 2012 3:50 pm - Elgin Councilwoman Anna Moeller has been named to the inaugural class of Edgar Fellows, a distinguished group of individuals selected for their leadership potential. Th...
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Microsoft unveils new streaming app at E3Jun 04, 2012 3:24 pm - LOS ANGELES — The Xbox 360 is getting a little smarter. Microsoft Corp. unveiled new software called Xbox SmartGlass that will allow Xbox 360 users to share content acro...
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Will Wisconsin recall vote affect Illinois labor movement?Jun 04, 2012 2:00 pm - As Wisconsin voters today decide the fate of Gov. Scott Walker, union experts and political analysts say whether or not Walker survives this historic recall vote, it cou...
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Verizon offering buyouts to 1,700 wireline workersJun 04, 2012 1:50 pm - NEW YORK — Phone company Verizon Communications Inc. is offering buyouts to 1,700 workers, mainly call-center employees and technicians, as it continues to shrink its wi...
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Obama campaign committee sues store over logo useJun 04, 2012 1:48 pm - WASHINGTON — President Barack Obama’s re-election campaign is suing a website that sells merchandise with the campaign’s signature “O” logo, claiming trademark infringem...
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Wal-Mart’s proxy vote shows dissent against execsJun 04, 2012 1:36 pm - NEW YORK — Wal-Mart’s final shareholder vote for its board of directors showed unprecedented dissent against key executives and board members, including CEO Mike Duke, i...
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Blagojevich prosecutor to join Chicago law firmJun 04, 2012 11:19 am - The lead prosecutor at former Gov. Rod Blagojevich’s corruption trials is joining a Chicago-based law firm. Jenner & Block announced Monday that Reid Schar will begin wo...
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Mt. Prospect TIF districts slow, but in the blackJun 04, 2012 11:16 am - The recent recession and a slow recovery have silenced activity in many suburban tax increment financing districts. Mount Prospect leaders say growth in their TIF has sl...
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Takeda acquires URL Pharma for $800 millionJun 04, 2012 9:32 am - DEERFIELD — Takeda Pharmaceutical Co. subsidiary Takeda America Holdings, Inc. has acquired URL Pharma Inc. for $800 million. The deal also includes an agreement for fut...
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Ind. marinas see signs of improving economyJun 04, 2012 7:47 am - Associated Press PORTAGE, Ind. — Indiana marinas along Lake Michigan are seeing some improvements in occupancy rates as summer approaches but say cost-conscious boaters ...