Business Stories from June 13, 2012 (Change date)
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30 years of family-made bagels in WheelingJun 13, 2012 11:12 am - Although he’s been churning out bagels for almost his whole life, Harold Harkavy said he has no plans to retire anytime soon. As Wheeling’s Chicago Bagel and Bialy celeb...
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JPMorgan CEO says execs may have pay taken backJun 13, 2012 10:57 am - WASHINGTON — JPMorgan Chase CEO Jamie Dimon told Congress on Wednesday that senior bank executives responsible for a $2 billion trading loss will probably have some of t...
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U.S. retail sales dropped 0.2 percent in MayJun 13, 2012 10:41 am - WASHINGTON — Americans barely increased their spending at retail businesses in April and May, constrained by weak job creation and paltry wage increases. A sharp drop in...
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MBX Systems leaves Wauconda for LibertyvilleJun 13, 2012 10:28 am - Wauconda-based technology manufacturer MBX Systems will get a state incentive package of about $750,000 to relocate to Libertyville, allowing it to quadruple its space a...
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Bye-bye Berto; Bulls planning to leave suburbsJun 13, 2012 9:00 am - Chicago Bulls officials today announced a commitment to move their suburban practice facility to downtown Chicago. The team has practiced at the Sheri L. Berto Center in...
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Asian stocks rise, gains limited by crisis fearsJun 13, 2012 7:40 am - HONG KONG — Asian stocks were mostly higher in choppy trading on Wednesday following a big rally in U.S. markets, though gains were limited by persistent worries over Eu...
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Kraft to close Waupaca cheese plantJun 13, 2012 7:33 am - WAUPACA, Wis. — Northfield-based Kraft Foods Inc. plans to close a cheese plant in Waupaca and lay off 120 employees in a cost-cutting move. The closing is planned for t...
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Farm bill divides Midwestern and Southern farmersJun 13, 2012 7:05 am - WASHINGTON — For once, it’s not Democrats battling Republicans. The five-year farm and food stamps bill now being debated in the Senate is a regional fight, pitting rice...
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Yahoo ties up with CNBC on financial newsJun 13, 2012 7:05 am - LOS ANGELES — Yahoo is taking another step toward original news programming. The website is partnering with CNBC to produce original financial news stories and video. It...
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Dems, GOP warily eye news of falling family wealthJun 13, 2012 7:04 am - WASHINGTON — Democrats and Republicans are wary of trying to exploit a new report about the sharp drop in household wealth over the past 20 years. The economic report, r...