Business Stories from June 20, 2013 (Change date)
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Regional, state tourism success focuses on peopleJun 20, 2013 5:00 pm - The greatest asset to tourism in the suburbs and Illinois lies in the local people whose interactions with tourists make the area a great place to visit. That was the m...
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Markets are roiled by prospect of early Fed exitJun 20, 2013 4:06 pm - NEW YORK — There was no letup in the flight from stocks and bonds Thursday as the Dow Jones industrial average plunged 353 points and wiped out almost two months of gain...
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Stocks extend slide as China adds to worriesJun 20, 2013 3:08 pm - NEW YORK — There was no let up in the flight from stocks and bonds Thursday, and the Dow Jones industrial average fell more than 300 points. A day after the Federal Rese...
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Court rules MetLife must pay $2 million fineJun 20, 2013 3:00 pm - SPRINGFIELD — Metropolitan Life Insurance Co. is on the hook for a $2.2 million tax penalty imposed by a 2003 amnesty program even though it didn't know it owed extra ta...
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Facebook introduces video on InstagramJun 20, 2013 1:20 pm - NEW YORK — Facebook is adding video to its popular photo-sharing app Instagram, following in the heels of Twitter’s growing video-sharing app, Vine. Instagram co-founde...
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Yahoo completes $1.1 billion deal for TumblrJun 20, 2013 1:18 pm - SUNNYVALE, Calif. — Yahoo has completed its $1.1 billion acquisition of online blogging forum Tumblr. The move represents Yahoo CEO Marissa Mayer’s boldest move since sh...
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Bernanke clarifies Fed plan to cut bond purchasesJun 20, 2013 1:15 pm - WASHINGTON — A muddled message from the Federal Reserve has rattled investors for weeks. So Chairman Ben Bernanke tried to set the record straight Wednesday about the F...
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Fermilab picks new directorJun 20, 2013 12:00 pm - Nigel Lockyer, director of Canada's TRIUMF laboratory for particle and nuclear physics, has been tapped to lead Fermi National Accelerator Laboratory, officials announce...
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Buffalo Grove eases patio restrictions, OKs Brunswick special useJun 20, 2013 11:44 am - Buffalo Grove has approved a special use that will allow Brunswick Corp. to operate a new bowling center on the site of the former eSkape family entertainment center at ...
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U.S. rate on 30-year mortgage falls to 3.93 pct.Jun 20, 2013 9:51 am - WASHINGTON — U.S. mortgage rates declined this week, with the average on the 30-year fixed loan remaining just under 4 percent. But rates likely will surge next week now...
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