Business Stories from May 13, 2022
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Working Remotely Can Be a Dirty BusinessMay 16, 2022 9:22 AM - Chicago resident Hannah Lieb works remotely from home for Exit 11 Coffee in Washington, Missouri.
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Amid scramble for infant formula, Elk Grove Village milk bank sees increase in demandMay 13, 2022 11:45 PM - Amid a nationwide baby formula shortage, suburban parents are driving from store to store to try to get their hands on some, or they're turning to alternative options like a milk bank in Elk Grove Village.
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SpaceX launches Starlink satellites from California
May 13, 2022 10:35 PM - A SpaceX rocket has carried 53 satellites for the Starlink internet constellation into orbit
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Musk puts Twitter buy 'on hold,' casting doubt on $44B deal
May 13, 2022 5:52 PM - Elon Musk has put his plan to buy Twitter on temporary hold, raising fresh doubts about whether he'll proceed with the $44 billion acquisition
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Controversial red-light cameras in Oakbrook Terrace ordered offMay 13, 2022 5:10 PM - State transportation officials have ordered Oakbrook Terrace to turn off a set of controversial red-light cameras at a busy intersection there.
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Stocks rally, but still mark their 6th straight losing week
May 13, 2022 4:12 PM - Stocks ended another bumpy week with a gain Friday, but not enough to keep the market from lodging its sixth weekly drop in a row, the longest such streak since 2011
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United, pilots reach tentative deal
May 13, 2022 4:08 PM - United Airlines and its pilots union have reached a tentative agreement on a contract that would give the carrier a promise of labor peace as it readies for the busiest travel season since the start of the pandemic.
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Tesla, Occidental rise; New Relic, Merck fall
May 13, 2022 3:27 PM - Stocks that traded heavily or had substantial price changes Friday: Tesla, Occidental rise; New Relic, Merck fall
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Grains mostly lower, Livestock mixed
May 13, 2022 3:02 PM - Wheat for May was off 7.25 cents at $11.6725 a bushel; May corn lost 19 cents at $7.9450 a bushel, May oats was unchanged at $6.5450 a bushel; while May soybeans advanced 63 cents at $17.2325 a bushel. Beef was higher and pork was lower on the Chicago Mercantile Exchange. Jun. live cattle was up .42 cent at $1.3207 a pound; May feeder cattle rose 1 cent at $1.5787 a pound; while May lean hogs was off .08 cent at $1.0002 a pound.
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Alight study show benefit offerings are lackingMay 13, 2022 2:54 PM - As companies continue to struggle to attract and retain talent, new research from Lincolnshire-based Alight Solutions shows employers can do more to create well-being and benefits programs that foster a more inclusive culture.
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