Business Stories from June 7, 2012 (Change date)
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Stock rally fades; no immediate help from FedJun 07, 2012 5:02 pm - NEW YORK — Investors didn’t hear what they wanted from Federal Reserve Chairman Ben Bernanke. An early rally in stocks faded in the afternoon Thursday after Bernanke sig...
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Studio Movie Grill in Wheaton opens FridayJun 07, 2012 3:00 pm - Forget the popcorn. Fresh fruit, Thai salads — even a selection of wines — are some of the staples available to moviegoers at the new Studio Movie Grill opening Friday i...
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Stocks helped lift U.S. household wealth in Q1Jun 07, 2012 2:05 pm - Americans’ wealth rose sharply in the January-March quarter, boosted mainly by the best quarterly gain in stock prices since 1998 and partly by the first rise in home va...
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Experts: Keep 'business' a priority in family businessJun 07, 2012 2:00 pm - Maintaining a family-run business can be as tricky as keeping the peace at Thanksgiving dinner, but advance planning can assure the business remains viable as it moves f...
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Lindenhurst, Lake Villa, Highwood seek joint electricity bidJun 07, 2012 12:35 pm - The partnered communities of Lindenhurst, Lake Villa and Highwood began the bidding process for electricity suppliers Thursday under their electric aggregation program. ...
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Wauconda storeowners use Adirondack chair art project as downtown fundraiserJun 07, 2012 12:03 pm - The weekly trips down Main Street by Amy Bulmash and Sara Carlson to take their daughters to ballet class inspired them to create a fashion boutique in Wauconda. Nine mo...
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West Dundee approves amended budget in wake of sales tax dropJun 07, 2012 11:41 am - The West Dundee village board has passed an amended budget for 2012-2013 in response to the closure of Best Buy and the impending drop in sales tax revenue. Best Buy was...
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U.S. stocks open higher following China rate cutJun 07, 2012 10:24 am - NEW YORK — Stocks opened sharply higher on Wall Street after China cut its benchmark lending rate in another bid to boost its slowing economy. The Dow Jones industrial ...
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Spain has successful bond sale after tough weekJun 07, 2012 10:21 am - MADRID — Spain raised (euro) 2.1 billion ($2.62 billion) Thursday from the bond markets — but investors demanded a higher interest rate out of concern that the country’s...
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U.S. 30-year mortgage drops to record-low 3.67%Jun 07, 2012 10:00 am - WASHINGTON — Average U.S. rates on 30-year and 15-year fixed mortgages this week fell to fresh record lows for the sixth straight week. Cheap mortgages continue to help ...
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