Business Stories from June 8, 2012 (Change date)
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Swiss bank may have lost $350 million in Facebook IPOJun 08, 2012 8:27 pm - NEW YORK — Swiss bank UBS AG may have lost as much as $350 million due to technical glitches on the Nasdaq stock exchange the day Facebook went public, according to repo...
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Illinois bank among 4 seized by FDICJun 08, 2012 6:54 pm - WASHINGTON — Federal regulators have seized 4 banks, one each in Illinois, North Carolina, South Carolina and Oklahoma, bringing to 28 the number of U.S. banks that have...
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FDA delays decision on first drug to prevent HIVJun 08, 2012 6:44 pm - WASHINGTON — Federal health regulators have delayed a decision on whether to approve the first pill shown to prevent HIV infection, the drug’s manufacturer says. Gilead ...
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How to snag the best airfaresJun 08, 2012 6:12 pm - NEW YORK — To snag the best airfares, travelers need to be adventurous and willing to pick up at a moment’s notice. OK, now let’s be realistic. Most people making summer...
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Versace mansion on the market for $125 millionJun 08, 2012 6:07 pm - MIAMI BEACH, Fla. — The South Beach mansion where Italian designer Gianni Versace was shot to death is back on the market for $125 million. Coldwell Banker Residential R...
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Schaumburg Business Association hires new presidentJun 08, 2012 5:15 pm - Kaili Benefield Harding, formerly of Whole Foods Market in Schaumburg, will become president of the Schaumburg Business Association on Monday, SBA Chairman Rich Augustin...
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Stock market posts best week of 2012Jun 08, 2012 4:39 pm - Stocks rose for the fourth day in a row on Friday, capping their best week so far this year. It was a relief for investors after the big drops of the previous week. Stoc...
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Barrington Hills suggests electric alternativeJun 08, 2012 1:43 pm - Despite the narrow defeat of last March’s electricity aggregation referendum in Barrington Hills, village officials remained convinced they could find a way to help resi...
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Europe again pivotal for investors this weekJun 08, 2012 1:25 pm - WASHINGTON — Europe, a thundercloud over financial markets for three years, might burst this month into a downpour. For investors who want to stay dry, some shelters loo...
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Bloomberg: New York City can handle multiple casinosJun 08, 2012 1:23 pm - New York City is big enough to accommodate more than one casino should Governor Andrew Cuomo succeed in fostering more gambling in the state, Mayor Michael Bloomberg sai...
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