Business Stories from June 8, 2012 (Change date)
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Illinois bars contractor it says overbilled stateJun 08, 2012 1:20 pm - CHICAGO — The Illinois Department of Transportation has barred engineering firm McDonough Associates from getting any contracts for three years. That’s after concluding ...
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Judge weighs Tribune Co. bankruptcy planJun 08, 2012 1:12 pm - WILMINGTON, Del. — A federal judge in Delaware is close to deciding whether Tribune Co. can emerge from Chapter 11 bankruptcy protection. The judge indicated after a hea...
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McDonald’s sales rose 3.3 percent in MayJun 08, 2012 10:48 am - McDonald’s Corp. says strength in the U.S. and Europe drove up a key revenue figure in May, but warned that economic volatility around the world and rising expenses are ...
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Kraft spurns NYSE for Nasdaq in effort to cut costsJun 08, 2012 10:06 am - NEW YORK — Northfield-based Kraft Foods Inc. is moving its stock listing to the Nasdaq from the New York Stock Exchange to cut costs. The packaged foods maker, which is ...
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UK’s Cameron to face media ethics inquiryJun 08, 2012 8:57 am - LONDON — British media ethics inquiry said Friday that Prime Minister David Cameron will give evidence next week, amid questions over his ties to a number of suspects in...
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Obama: Congress, Europe must stem economic crisisJun 08, 2012 8:32 am - WASHINGTON — The economy at risk, President Barack Obama accused Republicans on Friday of pursuing policies that would weaken the U.S. recovery, and he simultaneously ur...
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Boeing formally opens Oklahoma City facilityJun 08, 2012 8:17 am - OKLAHOMA CITY — The Boeing Co. has formally opened its new facility in Oklahoma City where it will upgrade and modernize U.S. Air Force aircraft. Gov. Mary Fallin joined...
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Cars avoid crashes by talking to each otherJun 08, 2012 6:38 am - WASHINGTON — As a safety demonstration, it was a heart-stopper: A Ford Taurus was seconds away from cruising through an intersection when suddenly a row of red lights pu...
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Ford lovers, unite: Big classic car auction in NHJun 08, 2012 6:38 am - CONCORD, N.H. — Michael Dingman has spent much of his life collecting vintage Fords and classic neon signs, restoring and keeping them well-preserved for years. Now, the...
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Bernanke signals no imminent steps to aid economyJun 08, 2012 6:35 am - WASHINGTON — Slumping job growth has alarmed some economists who fear the U.S. economy is in trouble. Ben Bernanke doesn’t appear to be one of them. The Federal Reserve ...