Business Stories from July 23, 2014 (Change date)
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Illinois outlook cut to negative by S&P on deficit concernsJul 23, 2014 1:01 am - Illinois, the lowest-rated U.S. state, had its outlook dropped to negative on Wednesday by Standard & Poor's, which cited the prospect of budget deficits and questions o...
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Northrop Grumman raises year's forecast as profit tops estimatesJul 23, 2014 1:01 am - Northrop Grumman Corp., the maker of Global Hawk drones, topped analysts' profit estimates in the second quarter and boosted its full-year forecast. Net income rose 4.7...
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Illinois insurance subsidies in place for nowJul 23, 2014 1:01 am - Officials say Illinois health insurance customers shouldn't feel any immediate effect of a federal appeals court panel's ruling as a confusing legal battle continues ov...
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Ebay plans Russia growth with fast delivery amid U.S. sanctionsJul 23, 2014 1:01 am - EBay Inc. plans to expand in Russia, speeding up cross-border delivery and allowing local merchants to sell goods on its website, Vice President Wendy Jones said. Russia...
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Despite sanctions call, UK approves arms to RussiaJul 23, 2014 1:01 am - LONDON - Britain is still authorizing the export of arms and military equipment to Russia despite the government's call for tough sanctions over Moscow's arming of separ...
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Quinn: Landfill's PCB approval may be withdrawnJul 23, 2014 1:01 am - CHAMPAIGNGov -- Pat Quinn believes approvals a central Illinois county gave to a landfill did not include the potential storage of toxic PCBs the facility's owner now wa...
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Dan Borislow, magicJack inventor, dies at 52Jul 23, 2014 1:01 am - Associated Press WEST PALM BEACH, Fla. - The man who invented the popular magicJack device has died in Florida. He was 52. MagicJack Vocaltec Ltd. says in a statement t...
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Court endorses Illinois electricity surchargeJul 23, 2014 1:01 am - CHAMPAIGN - Illinois regulators can force electricity customers to help pay for the $1.6 billion FutureGen clean-coal project, a state appeals court said in a ruling Tue...
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Judge nixes lawsuit over Empire State Building IPOJul 23, 2014 1:01 am - Thousands of onetime investors in the Empire State Building can't sue over claims they were shortchanged by the deal that turned the iconic skyscraper into a public stoc...
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Cary Grove chamber hosts first fall festJul 23, 2014 1:01 am - The Cary Grove Area Chamber of Commerce will host its inaugural Cary Main Street Fest on Sept. 27 and 28. The outdoor fall festival will feature local restaurants and b...