Business Stories from June 21, 2013 (Change date)
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Stocks recover from 2-day plungeJun 21, 2013 3:52 pm - Traders have decided that the stock market has suffered enough, at least for now. After a two-day plunge, the market is ending the week with an advance Friday, suggestin...
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FAA moving toward easing electronic device useJun 21, 2013 3:45 pm - WASHINGTON — The government is moving toward easing restrictions on airline passengers using electronic devices to listen to music, play games, read books, watch movies ...
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Ex-Enron CEO Skilling resentenced to 14 yearsJun 21, 2013 3:20 pm - HOUSTON — One of the country’s most notorious financial scandals came to a protracted legal conclusion Friday as ex-Enron Corp. CEO Jeffrey Skilling — already in prison ...
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U.S. stocks open higher after 2-day plungeJun 21, 2013 10:07 am - U.S. stocks rose in morning trading on Friday as traders regrouped following the biggest drop of the year. The Dow Jones industrial average was up 50 points, or 0.3 per...
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Fortune Brands acquires WoodCrafters for $300 millionJun 21, 2013 9:17 am - Deerfield-based Fortune Brands Home & Security said it has acquired WoodCrafters Home Products, a privately-owned manufacturer of bathroom vanities and vanity sink tops ...
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Venture One buys buildings in Buffalo Grove, NapervilleJun 21, 2013 9:09 am - Venture One Real Estate, through its VK Industrial II acquisition fund, has closed on two industrial buildings in Buffalo Grove and Naperville totaling 158,189 square fe...
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AbbVie declares 40 cent per share dividendJun 21, 2013 9:01 am - The board of directors of North Chicago-based AbbVie Inc. declared a quarterly cash dividend of 40 cents per share, payable Aug. 15 to stockholders of record at the clos...
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Chicago hotels record near-record occupancyJun 21, 2013 7:03 am - Chicago hotels continue to enjoy near-record occupancy, and Mayor Rahm Emanuel says it’s a positive sign tourism is up in the nation’s third-largest city. Emanuel and th...
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Primary care doctors in Illinois can get Medicaid rate boostJun 21, 2013 6:58 am - Doctors providing primary care in Illinois can get higher Medicaid reimbursement rates through the end of 2014. Illinois officials are reminding doctors to sign up onlin...
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Audit: Illinois roads worsen despite extra fundingJun 21, 2013 6:55 am - SPRINGFIELD — An audit says more than 1 in 7 Illinois roads need to be repaired, four years after the state approved tax increases to pay for a $31 billion road construc...
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