Business Stories from June 19, 2013 (Change date)
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Fed suggests it’s closer to slowing bond purchasesJun 20, 2013 7:50 am - WASHINGTON — In a move that could send interest rates higher, Fed Chairman Ben Bernanke ended weeks of speculation Wednesday by saying the Federal Reserve will likely sl...
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Union workers will be paid overdue raises from stateJun 19, 2013 9:52 pm - SPRINGFIELD — Gov. Pat Quinn’s administration on July 1 will start paying the wage rate that was promised to thousands of unionized government workers in 2011 and 2012, ...
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Stocks slide as Fed says bond purchases could slowJun 20, 2013 7:50 am - NEW YORK — Financial markets shuddered Wednesday after the Federal Reserve said it could start scaling back its huge bond-buying program later this year and end it by th...
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Mt. Prospect OKs $1.75 million in flood-related sewer workJun 20, 2013 3:18 pm - The Mount Prospect village board stuck to the tried and true when choosing a firm to handle the construction of sewer improvements related to a 2011 record rainfall. Tru...
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Cullerton seeks incentives to keep OfficeMax in stateJun 20, 2013 6:46 am - SPRINGFIELD — Illinois lawmakers will consider offering economic incentives to OfficeMax to keep the company’s headquarters in Naperville once the office supply company ...
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Porsche tops in annual survey of vehicle qualityJun 19, 2013 1:46 pm - DETROIT — Porsche is the top performer in an annual survey of new vehicle quality. J.D. Power questioned more than 83,000 U.S. car owners about problems with their 2013 ...
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Trustee prods Kane to be business development hubJun 20, 2013 3:12 pm - If a business wants to relocate to Sugar Grove but the deal falls through, there is no one stepping in right away to refer that company to a comparable piece of land or ...
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Men’s Wearhouse ousts founder and exec. chairmanJun 20, 2013 9:00 am - NEW YORK — Men’s Wearhouse Inc. has dismissed its founder and executive chairman George Zimmer. In a terse release issued Wednesday, the company didn’t give a reason for...
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Walmart to build at former Cicero racetrack siteJun 20, 2013 1:20 pm - PRNewswire Town President Larry Dominick and officials of Arkansas-based Walmart formally closed an agreement to build a Walmart Super Center on the eastern half of the ...
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Neovia Logistics to Acquire MIQ businessJun 19, 2013 10:05 am - Downers Grove-based Neovia Logistics announced it has signed a definitive agreement to acquire the contract logistics division of MIQ Holdings Inc. Terms of the acquisit...
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