Business Stories from October 24, 2012 (Change date)
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US suit alleges ‘brazen’ fraud at CountrywideOct 24, 2012 12:10 pm - NEW YORK — The latest federal lawsuit over alleged mortgage fraud paints an unflattering picture of a doomed lender: Executives at Countrywide Financial urged workers to...
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Mass. officials find problems at pharmacyOct 24, 2012 10:44 am - BOSTON — Water from a leaking boiler collected just outside a room that was supposed to be sterile. Floor mats used by technicians were filled with dirt and debris. Drug...
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Rolling Meadows asks residents about privitizing garbageOct 24, 2012 10:36 am - It seems the Rolling Meadows referendum on privatizing refuse collection would be just a matter of dollars and cents. But garbage can be an emotional issue in the suburb...
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Nationwide list of hacked Barnes & Noble storesOct 24, 2012 10:32 am - Bookseller Barnes & Noble Inc. said Tuesday devices customers use to swipe credit and debit cards were tampered with in 63 of its stores. The company provided a list of ...
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4 Northwest suburban stores affected by Barnes & Noble PIN pad tamperingOct 24, 2012 10:00 am - Barnes & Noble Inc. said Wednesday the tampering of devices used by customers to swipe credit and debit cards in 63 of its stores — including seven in Illinois — was a “...
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BBC scandal raises questions for incoming NYT bossOct 24, 2012 9:49 am - LONDON — The child abuse scandal that has enveloped one of Britain’s most respected news organizations is now hitting one of America’s, as the incoming president of The ...
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Stocks stabilize on Wall Street after a sell-offOct 24, 2012 9:30 am - NEW YORK — The steep losses finally stopped Wednesday as the stock market turned calm, a day after one of its biggest sell-offs of the year. Major indexes wavered betwee...
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U.S. new-home sales rise to highest in 2½ yearsOct 24, 2012 9:30 am - WASHINGTON — U.S. sales of new homes jumped last month to the highest level in more than two years, further evidence of a sustained housing recovery that could help lift...
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Corning may make job cuts as part of cost cutsOct 24, 2012 8:28 am - NEW YORK — Corning said Wednesday that it will likely cut costs, which may include “modest” job cuts, to support profit in a weakening economy. It’s the latest manufact...
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Ford to close Belgian plant in 2014; 9,500 jobs hitOct 24, 2012 8:28 am - BRUSSELS — Ford Motor Co. will close a car plant in eastern Belgium — one of its main European factories — by the end of 2014, a move that will result in 4,500 direct jo...