Business Stories from July 12, 2012 (Change date)
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Merger Dance: Rating American Airlines' optionsJul 12, 2012 7:00 am - NEW YORK — American Airlines is weighing various options for its future, but most analysts say the nation's No. 3 airline only has one viable choice: combine with No. 5...
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Global stocks slide on Fed minutesJul 12, 2012 7:00 am - FRANKFURT, Germany — Global stock markets fell Thursday on fears growth may slow in China and after U.S. Federal Reserve minutes indicated the central bank may not move ...
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Oil prices fall to near $85 a barrel in AsiaJul 12, 2012 7:00 am - SINGAPORE — Oil fell to near $85 a barrel Thursday as signs of slowing global economic growth offset hopes that central banks will soon implement stimulus measures. Ben...
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France's PSA Peugeot-Citroen slashing 8,000 jobsJul 12, 2012 7:00 am - PARIS — Struggling French carmaker PSA Peugeot-Citroen announced Thursday a drastic cost-cutting plan to slash 8,000 jobs in France and close a factory north of Paris, a...
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House committee approves 5-year farm billJul 12, 2012 7:00 am - WASHINGTON — The House Agriculture Committee has approved a five-year farm and nutrition bill that gives farmers new ways to protect themselves from bad weather and poor...
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More U.S. homes facing foreclosure risk in JuneJul 12, 2012 7:00 am - LOS ANGELES — Banks are increasingly placing homes with unpaid mortgages on a countdown that could deliver a swell of new foreclosed properties onto the market by early ...
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China's economic slowdown painful despite stimulusJul 12, 2012 7:00 am - BEIJING — China's economic slowdown slammed into Li Fangliang, cutting sales at his Shanghai auto parts store by half. "There are just fewer and fewer customers," said L...
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Hoffman Estates launches website to attract businessJul 12, 2012 5:30 am - Hoffman Estates announced this week the launch of a new website that allows users to perform customizable searches for available commercial, industrial and retail proper...
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Rolling Meadows bowling alley closure surprises manyJul 12, 2012 5:30 am - After more than 50 years, AMF Rolling Meadows bowling alley closed last week, catching many in the community by surprise. AMF Rolling Meadows closed July 3 because of fi...
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