Business Stories from July 5, 2012 (Change date)
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Quinn takes unannounced trade trip to SpainJul 05, 2012 7:01 pm - SPRINGFIELD — Gov. Pat Quinn is visiting Spain to court investment in Illinois manufacturing, alternative energy and infrastructure. Quinn has taken several overseas tri...
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Weak retail sales figures push stocks lowerJul 06, 2012 7:11 am - NEW YORK — Stocks closed mostly lower on Wall Street Thursday after signs emerged that Americans are spending at a slower pace and that China’s economy may be in worse s...
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Hanover Park seeks business community’s input on Irving Park RoadJul 05, 2012 5:52 pm - The Hanover Park business community is invited to share its vision for the Irving Park Road corridor study at a lunch from noon to 1 p.m. Tuesday, July 10, at Hanover Pa...
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GlaxoSmithKline pleads guilty to health fraudJul 06, 2012 7:11 am - BOSTON — A federal judge in Boston has signed off an agreement by British drugmaker GlaxoSmithKline to pay $3 billion for criminal and civil violations involving 10 drug...
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Retailers report tepid sales for JuneJul 06, 2012 7:11 am - NEW YORK — Shoppers, worried about jobs and the overall economy, pulled back on spending in June, resulting in tepid sales results for many retailers. The reports raise ...
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U.S. fixed mortgage rates fall to new record lowsJul 06, 2012 7:11 am - WASHINGTON — Fixed U.S. mortgage rates fell again to new record lows, providing prospective buyers with even more incentive to brave a modestly recovering housing market...
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China cuts key interest rate for second time in monthJul 06, 2012 7:11 am - BEIJING — China cut its key lending rate Thursday for a second time in one month in a new effort to reverse its deepest economic slump since the 2008 global crisis. The ...
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Report: Countrywide won influence with discount loansJul 06, 2012 7:11 am - WASHINGTON — The former Countrywide Financial Corp., whose subprime loans helped start the nation’s foreclosure crisis, made hundreds of discount loans to buy influence ...
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Hot or cold? Outdoor workers can do without either oneJul 06, 2012 3:08 pm - When it comes to sweltering heat or blistering cold, is there a lesser of two evils? Not necessarily, say people who work outdoors — they both stink in their own specia...
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Motorola Solutions offers more devices, solutions so retailers can help shoppersJul 05, 2012 2:42 pm - Motorola Solutions aims to keep you shopping at your local brick-and-mortar store, such as Macy’s or Home Depot, without leaving the store empty-handed or disco...
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