Business Stories from May 22, 2013 (Change date)
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Fox reality show spotlights Downers Grove businessMay 24, 2013 11:47 am - This time "you're fired" is more than a Donald Trump catchphrase. Fox is turning the firing of real people from real jobs into prime-time entertainment. And they start ...
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Owners of Lisle-based firm accused of fraudMay 23, 2013 4:05 pm - The owners of a Lisle-based investment advisory firm have been accused by the Securities and Exchange Commission of running a fraudulent “cherry-picking” scheme. The com...
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Stocks fall on news Fed weighed cutting stimulusMay 23, 2013 8:04 am - NEW YORK — The Federal Reserve took financial markets for a ride Wednesday, pushing stock prices up in the morning then sending them down in the afternoon. Prices surged...
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Override of 'Smart Grid' veto completeMay 22, 2013 8:08 pm - SPRINGFIELD, — The Illinois General Assembly has overridden Gov. Pat Quinn's veto of legislation that addresses so-called Smart Grid technology. The Illinois House voted...
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Median CEO pay rises to $9.7 million in 2012May 23, 2013 8:04 am - CEO pay has been going in one direction for the past three years: up. The head of a typical large public company made $9.7 million in 2012, a 6.5 percent increase from a...
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Bernanke signals Fed to maintain stimulus effortsMay 23, 2013 11:30 am - WASHINGTON — Chairman Ben Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to end its extraordinary...
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Round Lake Exchange Club names May hometown heroMay 22, 2013 12:16 pm - The Round Lake Area Exchange Club has announced that its May hometown hero is U.S. Marine Staff Sergeant Steven Sanders of Ingleside, a 2002 graduate of Grant High Schoo...
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Allstate to retire $3 billion in debt, using cash, bonds, stockMay 23, 2013 11:30 am - Northbrook-based Allstate Corp., the largest publicly traded U.S. home and auto insurer, will retire about $3 billion in debt as Chief Executive Officer Thomas Wilson ta...
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Oakton receives grant to fund nanotechnology educationMay 23, 2013 9:31 pm - Oakton Community College has received a $374,279 grant from the National Science Foundation to educate college and high school students in the emerging field of nanotech...
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InsureXSolutions adds dental benefit plansMay 23, 2013 11:30 am - Rosemont-based InsureXSolutions announced that dental plans from Aetna, Assurant Inc. and Delta Dental have been added to their private insurance exchange. The dental pr...
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