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Business Stories from May 23, 2014 (Change date)

Father of GI Joe, Hasbro exec Levine dies

Associated Press
May 23, 2014 11:00 pm - PROVIDENCE, R.I. - Donald Levine, the Hasbro executive credited as the father of G.I. Joe for developing the world's first action figure, has died. He was 86. He died of...
What it's like to sky dive indoors in Rosemont

By Christopher Placek
May 23, 2014 5:00 am - During frequent drives to and from college at Marquette University, I'd see sky divers free-falling above the cornfields alongside Interstate 94 between Kenosha and Milw...
Mount Prospect chamber finds new home after fire

By Matt Arado
May 23, 2014 5:00 am - Dawn Fletcher Collins, executive director of the Mount Prospect Chamber of Commerce, is looking forward to moving into her new professional home. The chamber was one of ...
Detroit motorists under siege in 'Carjack City'

Associated Press
May 23, 2014 1:01 am - DETROIT - When they pull up to a gas station these days, Detroit drivers are looking beyond the price per gallon at a far more threatening concern: carjackers. The armed...
McDonald's CEO addresses worker pay, marketing

Associated Press
May 23, 2014 1:01 am - Oak Brook-based McDonald's CEO Don Thompson sought to address a growing chorus of critics on issues including worker pay and marketing to children at its annual meeting ...
Schaumburg funeral home seeks on-site cremations

By Eric Peterson
May 23, 2014 1:01 am - The increasing popularity of cremation as a funeral option is changing the generations-old business model for suburban funeral homes, some of which are preparing for cha...
Weak electronics sales pressure Best Buy, Sears

Associated Press
May 23, 2014 1:01 am - NEW YORK - Is America's love affair with gadgets fading? Best Buy and Sears on Thursday both blamed their weak quarterly results on the fact that shoppers aren't shellin...
State court allows 'pink slime' lawsuit to proceed

Associated Press
May 23, 2014 1:01 am - SIOUX FALLS, S.D. - ABC's news anchor Diane Sawyer, two of the network's correspondents and other defendants in a $1.2 billion defamation lawsuit against the company re...
Visa, MasterCard renew push for chip cards

Associated Press
May 23, 2014 1:01 am - NEW YORK - Visa and MasterCard are renewing a push to speed the adoption of microchips into U.S. credit and debit cards in the wake of recent high-profile data breaches,...
FAA too reliant on Boeing for battery test

Associated Press
May 23, 2014 1:01 am - NEW YORK - A new report says the government failed to properly test the lithium-ion batteries on the Boeing 787 and relied too much on the company for technical expertis...

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