Business Stories from October 11, 2013 (Change date)
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With Dominick's departing, what happens now?Oct 14, 2013 9:40 am - Municipal officials and neighboring businesses from Mundelein to Naperville Friday were still digesting the impact of their Dominick's food stores potentially closing as...
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Video gambling restaurant approved in StreamwoodOct 12, 2013 3:12 pm - A new restaurant is coming to Streamwood, and it will be the first of its kind to open in the village. Village Manager Gary O'Rourke said the village board unanimously a...
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U.S. jobless claims jump to 374,000 due to backlogOct 12, 2013 8:32 am - The number of people applying for U.S. unemployment benefits jumped by 66,000 last week to a seasonally adjusted 374,000. But the spike was largely because California pr...
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Retailers report modest Sept. sales gainsOct 11, 2013 5:30 pm - Several retailers reported modest sales gains for September as shoppers worried about a partial government shutdown and the overall economy pulled back their spending. T...
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Timeline: Congress’ path to federal shutdownOct 12, 2013 8:32 am - A timeline of Congress’ battle over the partial government shutdown and expiring federal borrowing authority: Sept. 20: With a potential government shutdown 11 days off...
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Rising legal costs push JPMorgan to rare lossOct 11, 2013 4:40 pm - JPMorgan Chase, the biggest U.S. bank by assets, reported a rare quarterly loss after setting up a big reserve for legal expenses. The bank had to absorb a reserve for l...
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Boeing, Michigan State get contract to develop sensorsOct 11, 2013 4:43 pm - EAST LANSING, Mich. — Michigan State University and Chicago-based Boeing Co. have been awarded a $4 million contract to develop new designs of sensors to detect cracks i...
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Hard Rock to develop, run proposed Kenosha casinoOct 11, 2013 7:06 am - KENOSHA, Wis. — The Menominee Nation and Hard Rock International announced a deal Thursday for the gambling and entertainment company to manage a casino in Kenosha if th...
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Safeway 3Q net income drops but beats StreetOct 12, 2013 8:32 am - PLEASANTON, Calif. — Dominick’s parent company Safeway said Thursday its third-quarter net income fell 58 percent, hurt by a software impairment charge, higher theft and...
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Dixon residents discuss how to use $40M settlementOct 11, 2013 5:44 pm - DIXON — Residents of a northern Illinois town whose former bookkeeper stole tens of millions of dollars offered plenty of ideas Thursday for how the city should spend a ...