Business Stories from February 1, 2018 (Change date)
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Richard Branson announces Virgin Hotel for Scotland in 2020Feb 02, 2018 1:12 pm - Billionaire entrepreneur Richard Branson says Virgin Hotels plans to open a property in Edinburgh, Scotland, in 2020. It will be Virgin's 10th hotel and its first in the...
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Duke Energy changes aimed at increasing minority contractorsFeb 01, 2018 11:00 am - RALEIGH, N.C. (AP) - One of the largest U.S. electricity companies is making changes that could make it easier for black, female and other minority-owned construction an...
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UPS posts $1.1 billion profit for 4Q on high online shoppingFeb 01, 2018 3:01 pm - DALLAS (AP) - UPS was caught off-guard by the crush of online shopping leading up to Christmas and plans to spend a chunk of its tax-cut savings to invest in its package...
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Strong January, strong year? A market maxim's record faltersFeb 01, 2018 2:30 pm - NEW YORK (AP) - If you're an investor who has faith in the old stock market maxim "as January goes, so goes the year," you're probably feeling pretty good about 2018 bas...
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2 more lawsuits accuse chicken producers of fixing pricesFeb 01, 2018 5:00 pm - OMAHA, Neb. (AP) - Two major food distributors have filed their own federal lawsuits accusing Tyson Foods and other major chicken producers of fixing prices, but the ind...
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German drug firm pushes back timeline for parts of Des Plaines headquartersFeb 02, 2018 1:12 pm - Although some construction is underway on German pharmaceutical company Vetter Pharma's future U.S. headquarters in Des Plaines, the largest parts of the potentially $35...
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How will Gurnee pay for $6.5 million water tower?Feb 02, 2018 12:57 pm - This spring, the old water tower near Fire Station 1 in Gurnee will be shut off and eventually removed. The tower, graying with age, is past its prime, has a small capa...
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Bloomingdale, resort owner blame each for Indian Lakes stalemateFeb 05, 2018 5:51 am - More than four months after receiving a proposal to redevelop roughly 190 acres of open space at Indian Lakes Resort, Bloomingdale has yet to begin its formal review of ...
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Starbucks launches credit card, hoping to jolt salesFeb 02, 2018 1:12 pm - NEW YORK - Starbucks has a new product that it hopes will hook coffee lovers: a credit card. The card, launched Thursday with JPMorgan Chase and Visa, comes as Starbucks...
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Des Plaines River bridge in Libertyville closed to ensure public safetyFeb 02, 2018 9:32 am - The Rockland Road bridge over the Des Plaines River in Libertyville was closed Thursday morning because of significant deterioration of its decorative steel truss system...