Business Stories from August 2, 2013 (Change date)
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Wintrust in Rosemont acquires Diamond BancorpAug 02, 2013 4:54 pm - Rosemont-based Wintrust Financial Corp announced it will acquire Diamond Bancorp Inc., the parent company of Diamond Bank, FSB. Terms of the acquisition were not announc...
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Palatine’s Acura Pharmaceuticals sees $3.1 million 2Q lossAug 02, 2013 4:54 pm - Specialty pharmaceutical company Acura Pharmaceuticals, in Palatine, reported a second quarter net loss of $3.1 million primarily due to research and development costs o...
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FDA defining what “gluten free” means on packagesAug 03, 2013 8:25 pm - A label that reads “gluten free” will now mean the same thing for all food, regardless of which kind you buy. After more than a six-year delay, the Food and Drug Admini...
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Palatine to vote Monday on controversial housing projectAug 02, 2013 4:48 pm - The Palatine village council will consider whether to approve the Catherine Alice Gardens permanent supportive housing complex at its meeting Monday, Aug. 5. The contro...
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Naperville to conduct survey about downtown food cartsAug 04, 2013 4:56 pm - Mobile food cart vendors have been selling hot dogs and pulled pork in downtown Naperville since at least 2010, but now city officials want to ask the public if they sho...
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U.S. employers add 162K jobs, rate falls to 7.4 pct.Aug 03, 2013 9:14 am - U.S. employers added 162,000 jobs in July, the fewest since March. The gains were enough to lower the unemployment rate to a 4½ -year low of 7.4 percent, a good sign in ...
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Review: Motorola phone notable for customizationAug 03, 2013 9:14 am - NEW YORK — In the four decades since Motorola first showed off a prototype of the world’s first cellphone, the company has watched Apple, Samsung and other innovators su...
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Kraft profit rises but revenue falls shortAug 02, 2013 4:54 pm - Northfield-based Kraft Foods Group Inc. says it profit rose in the second quarter but its revenue slipped on weak sales of cold cuts and salad dressings. The company, w...
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U. of Illinois airport gets state money for workAug 02, 2013 7:26 am - CHAMPAIGN — The state of Illinois is providing an $841,000 grant for construction work at the University of Illinois’ airport. Gov. Pat Quinn’s office said Thursday the ...
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Chicago bike share logs 80,000 trips in 1st monthAug 03, 2013 8:24 am - In its first month of operation, Chicago’s bike-sharing program logged 80,000 trips. The $22 million system known as Divvy is also getting a boost from 24 corporate and ...