Business Stories from January 23, 2013 (Change date)
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U.S. government scientists say retire most research chimpsJan 23, 2013 9:40 am - NEW ORLEANS — Government scientists have agreed that all but 50 of hundreds of chimpanzees kept for federally funded research should be retired from labs and sent to a n...
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Le Cordon Bleu names North America presidentJan 23, 2013 9:08 am - Career Education Corp. announced that it has hired James Bartholomew to be president of Le Cordon Bleu North America, one the largest providers of culinary arts educatio...
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Motorola Solutions optimistic despite profit dropJan 24, 2013 6:45 am - Schaumburg-based Motorola Solutions Inc. on Wednesday showed a drop in profit for 2012, but it presented an optimistic outlook and the possibility of hiring more workers...
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Wintrust to acquire First Lansing Bancorp for $38.5 millionJan 24, 2013 4:54 am - Rosemont-based Wintrust Financial Corp. announced it will acquire First Lansing Bancorp Inc., the parent company of First National Bank of Illinois, for about $38.5 mill...
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Abbott profit falls on separation costsJan 24, 2013 10:31 am - Libertyville Township-based Abbott Laboratories said Wednesday its profit fell 35 percent in the fourth quarter on costs from the spin-off of its drug business into the ...
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Buffalo Grove strikes $1.1 million incentive deal with Fresh Farms developerJan 26, 2013 9:17 pm - Buffalo Grove trustees this week paved the way for the redevelopment of the Cambridge Commons shopping center and a new Fresh Farms grocery store at Dundee and Buffalo G...
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IBM’s results lift Dow average to a 5-year highJan 24, 2013 10:31 am - NEW YORK — Strong earnings from tech giants nudged the stock market to a five-year high Wednesday. Investors drew encouragement from a vote by the House of Representativ...
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Mississippi River shipping resumes at Ill. lockJan 23, 2013 8:49 am - ST. LOUIS — Mississippi River shipping is back in business again near St. Louis, a day after a key lock and dam was closed when a barge damaged a gate. Coast Guard Lt. C...
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US Airways quarterly profit tops estimates on travel demandJan 23, 2013 8:50 am - US Airways Group Inc., the carrier pushing for a merger with bankrupt American Airlines, reported fourth-quarter profit higher than analysts expected on strong travel de...
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U.S. bank deposits drop most since 9/11 as FDIC support ebbsJan 23, 2013 8:49 am - Clients of the largest U.S. banks withdrew funds this month at the fastest weekly pace since the Sept. 11 attacks as a deposit-insurance program ended and customers tapp...