Elk Grove Village Business
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Motorola freezes pension plans, cuts salaries to cope with slumpDec 17, 2008 10:00 pm - Schaumburg-based Motorola Inc. said Wednesday it will make millions of dollars in cuts starting in January by freezing salaries and stopping contributions to retirement ...
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New sweetener stevia? Coke, no PepsiDec 14, 2008 10:00 pm - NEW YORK -- Coca-Cola Co. will begin selling products made with a new zero-calorie sweetener despite no official nod from the government, but rival PepsiCo Inc. said Mon...
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GMAC extends debt exchange offers againDec 13, 2008 10:00 pm - NEW YORK -- GMAC Financial Services late Friday extended and sweetened its offer to exchange $38 billion of its debt, saying that it had reached a tentative deal with re...
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In hard times, workers have few legal protections over losing jobDec 08, 2008 10:00 pm - As more Americans lose their jobs, worker advocate Lou Maltby is happy to talk about employee rights, but he warns that it's a short conversation. Workers in the United ...
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Chicago workers' sit-in becomes rallying pointDec 07, 2008 10:00 pm - Gov. Rod Blagojevich on Monday ordered state agencies to stop doing business with Bank of America to pressure the company to help laid-off workers who are staging a sit-...
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Obama: Workers staging sit-in 'absolutely right'Dec 07, 2008 10:00 pm - President-elect Barack Obama is weighing in on behalf of workers staging a sit-in on the factory floor of their former Chicago employer to protest abruptly losing their ...
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Chicago region has major stake in auto bailoutDec 05, 2008 10:00 pm - Despite the general downward trend in employment, a few industries are still hiring in the Chicago area despite the recession and record job layoffs, said John Challenge...
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Pharmaceutical firm starts safety measureDec 05, 2008 10:00 pm - SCHAUMBURG - APP Pharmaceuticals, sole supplier of heparin sodium vials to the U.S. market, launched a new safety initiative on the APP Web site - "Working Together for ...
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Aon ordered to pay $24 million for misrepresenting risksDec 04, 2008 10:00 pm - A unit of Aon Corp., the world's largest insurance broker, was ordered to pay $24 million to United National Insurance Company for misrepresenting reinsurance risks. Aon...
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Moto credit rating lowered to junk statusDec 04, 2008 10:00 pm - Motorola Inc. had its credit rating lowered to junk status by Standard & Poor's because its declining handset business is eating into profitability. The rating was cut t...