Business Stories from August 29, 2012 (Change date)
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Woodfield convention bureau releases new videoAug 29, 2012 1:55 pm - The Woodfield Chicago Northwest Convention Bureau announces the release of its new promotional video “Cooper Sees It All” created to demonstrate the wealth of area hotel...
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Fed survey: US economy grew during summerAug 29, 2012 1:44 pm - WASHINGTON — The Federal Reserve says the U.S. economy expanded at a moderate pace in July and early August, buoyed by stronger retail sales. The Fed report said nine of...
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Round Lake Beach officials change ordinance to allow video gamblingAug 29, 2012 11:05 am - Video gambling will be allowed in Round Lake Beach, village officials have decided. While other forms of gambling remain prohibited, officials on Monday voted 4-2 to ame...
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Japanese pachinko mogul sues Wynn Resorts in TokyoAug 29, 2012 10:28 am - TOKYO — Japanese pachinko tycoon Kazuo Okada has filed a lawsuit in Tokyo District Court seeking $140 million in damages from casino operator Wynn Resorts. Universal Ent...
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U.S. economy grew at 1.7 percent rate in 2nd quarterAug 29, 2012 10:23 am - WASHINGTON — The U.S. economy grew at a tepid 1.7 percent annual rate in the April-June quarter, suggesting growth will stay weak in the second half of the year. Slightl...
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In Arctic, Greenpeace picks new fight with old foeAug 29, 2012 10:23 am - STOCKHOLM — Global warming has ignited a rush to exploit Arctic resources — and Greenpeace is determined to thwart that stampede. Employing the same daredevil tactics it...
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Campbell channels Andy Warhol for new cansAug 29, 2012 10:03 am - CAMDEN, N.J. — Campbell Soup is tapping Andy Warhol for another 15 minutes of fame. The world’s biggest soup maker plans to introduce special-edition cans of its condens...
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Merkel praises Italy reforms as markets improveAug 29, 2012 10:03 am - BERLIN — German Chancellor Angela Merkel said Thursday she is confident that Italy’s reform drive will help push down the country’s borrowing costs, but underlined her r...
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Stocks edge up after US growth revised higherAug 29, 2012 10:03 am - NEW YORK — Slightly better economic growth and stronger housing sales nudged the stock market higher Wednesday. The Dow Jones industrial average managed a four-point gai...
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Contracts to buy U.S. homes hit 2-year high in JulyAug 29, 2012 10:00 am - WASHINGTON — Americans signed the most contracts to buy homes in July than at any other point in the last two years, further evidence of a housing recovery. The National...