Business Stories from July 12, 2012 (Change date)
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Huawei may expand in Rolling Meadows, offers more smartphonesJul 12, 2012 10:50 am - China-based Huawei U.S. has an office in Rolling Meadows that may expand soon judging by the rollout of its latest low-cost consumer devices. T-Mobile USA is offering Hu...
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Jobless claims in U.S. plunge as fewer auto plants closeJul 12, 2012 10:32 am - Fewer Americans than forecast filed first-time claims for unemployment insurance payments last week, reflecting the volatility of applications during the annual auto-pla...
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Bill helps minority, women-owned businessesJul 12, 2012 9:00 am - Minority and women-owned businesses are getting some help in Cook County. On Wednesday, Gov. Pat Quinn signed a law that will allow the county's forest preserve distric...
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Wisconsin mink production up 19 percent last yearJul 12, 2012 8:12 am - MADISON, Wis. — Wisconsin continues to lead the nation in the production of mink pelts, accounting for one in three U.S. pelts last year. The U.S. Department of Agricult...
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Groupon’s stock hits lowest level since IPOJul 12, 2012 7:50 am - Chicao-based Groupon’s stock hit its lowest level Wednesday since the online deals company went public last November amid concerns about traffic to its website and its e...
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Social site Formspring hacked, passwords disabledJul 12, 2012 7:08 am - LONDON) — Social networking site Formspring said Tuesday that it was disabling nearly 30 million registered users’ passwords after hundreds of thousands of them were lea...
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Ex-HP investigators to be sentenced in fed courtJul 12, 2012 7:02 am - SAN JOSE, Calif. — Two former private investigators are facing sentencing on charges of allegedly using false identities to gain access to the phone records of Hewlett-P...
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Judge lets startup relay live TV to iPhones in NYCJul 12, 2012 7:01 am - NEW YORK — A startup company can continue to send live TV programming to iPhones and other mobile devices in the city despite objections from major broadcasters that say...
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Yahoo investigating reported mass password breachJul 12, 2012 7:00 am - LONDON— Yahoo Inc. says it's investigating reports of a security breach that has purportedly exposed nearly half a million users' email addresses and passwords. The comp...
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Merchant prince Marvin Traub dead at 87Jul 12, 2012 7:00 am - NEW YORK — Marvin Traub, a merchant prince and former CEO of Bloomingdale's, who transformed the department store chain into an international powerhouse, died at his hom...