Business Stories from October 30, 2019 (Change date)
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Lyft loses money again but eyes profits in about 2 yearsOct 30, 2019 7:00 am - NEW YORK (AP) - Lyft is still losing staggering sums of money as it barrels ahead with impressive revenue growth, but its executives said they believe the company will t...
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New drinks help Starbucks pull in more US, Chinese customersOct 30, 2019 7:00 am - Starbucks Corp. says new beverages and more efficient stores are drawing in more U.S. and Chinese customers, turning around the weaker traffic it saw at the start of the...
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Owner of Barrington's Catlow Theater sounds alarm about closing, then reverses courseOct 30, 2019 1:00 am - Hours after sending a dire email warning that downtown Barrington's Catlow Theater will close unless unspecified state taxes are paid, its owner reversed course Wednesda...
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Anixter gets $3.8 billion bid to go privateOct 30, 2019 1:00 am - Equity firm Clayton, Dubilier & Rice is making a bid to acquire Glenview-based industrial electronics company Anixter International, offering a $3.8 billion cash deal th...
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Outcome Health to pay $70M to settle fraud claimOct 30, 2019 1:00 am - Chicago-based Outcome Health agreed Wednesday to pay a $70 million settlement in a federal fraud investigation, according to the U.S. attorney's office of the Northern D...
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Flexera CFO to retire in 2020Oct 30, 2019 1:00 am - ITASCA - Flexera Chief Financial Officer Joe Freda plans to retire from the software company in 2020 after more than a decade in the role. Freda will retire in the secon...
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Darwin brokers lease for Bensenville buildingOct 30, 2019 1:00 am - BENSENVILLE - Darwin Realty recently brokered a lease between Axis Warehouse Management and CenterPoint Properties for the third party logistics company's new 174,178 sq...
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Schaumburg zoning board to review gambling, recreational pot sale rulesOct 30, 2019 1:00 am - Schaumburg's zoning board of appeals next month will review and host public hearings on proposed village regulations on video gambling and recreational pot sales drafted...
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Feder: Window to the World CEO unveils ambitious vision for WTTW, WFMTOct 30, 2019 1:00 am - Sandra Cordova Micek has spent the last 16 months listening, questioning and thinking about where Chicago's premier public television station and classical music radio s...
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Federal Reserve cuts interests rates, but hints at pause in futureOct 30, 2019 1:00 am - WASHINGTON - The Federal Reserve has cut its benchmark interest rate for the third time this year to try to sustain the economic expansion in the face of global threats....