Business Stories from January 17, 2013 (Change date)
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Chicago alderman wants to ban energy drinksJan 18, 2013 6:03 am - A Chicago alderman wants to ban the distribution and sale of energy drinks in the city. Alderman Edward M. Burke cites the popularity of Red Bull, Monster, Full Throttle...
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S&P 500 surges on housing starts, jobless claimsJan 18, 2013 6:03 am - NEW YORK — The Standard and Poor’s 500 index climbed to another five-year high after strong reports on housing starts and unemployment claims made investors more optimis...
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Boeing: 787 production continues as plannedJan 18, 2013 6:03 am - Boeing said 787s will keep rolling off the assembly line while it works to get the planes grounded by regulators back flying again. Boeing’s newest, flashiest jet was gr...
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Taxpayers will ease banks’ costs in mortgage dealJan 18, 2013 6:03 am - WASHINGTON — Consumer advocates have complained that U.S. mortgage lenders are getting off easy in a deal to settle charges that they wrongfully foreclosed on many homeo...
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Subway ‘crisis’: Is footlong sub really 11 inches?Jan 18, 2013 6:03 am - NEW YORK — What’s in an inch? Apparently, enough missing meat, cheese and tomatoes to cause an uproar. Subway, the world’s largest fast food chain with 37,000 locations,...
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Olympic medalist to sign autographs in PalatineJan 17, 2013 3:25 pm - Olympic gold medalist decathlete Dan O’Brien will be at Midtown Athletic Club in Palatine, 1760 N. Hicks Road, Saturday, Jan. 19. A medalist in the decathlon at the 1996...
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Des Plaines spending more on infrastructure in 2013Jan 19, 2013 10:49 am - Des Plaines city officials on Thursday highlighted the infrastructure projects the city will undertake in the coming year and efforts to draw more businesses into town d...
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Developers scale back Naperville Water Street plansJan 22, 2013 9:27 am - The Water Street development proposed for downtown Naperville has shrunk again. At an open house Thursday night, Naperville-based developer Marquette Cos. presented upda...
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U.S. rate on 30-year mortgage dips to 3.38 pct.Jan 18, 2013 8:11 am - WASHINGTON — The average U.S. rate on the 30-year fixed mortgage inched closer to its record low this week, helping to keep home buying more affordable. Mortgage buyer ...
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U.S. home construction in 2012 highest in 4 yearsJan 18, 2013 8:11 am - WASHINGTON — U.S. builders started work on homes in December at the fastest pace since the summer of 2008 and finished 2012 as the best year for residential construction...
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