Hoffman Estates Business
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Siemens to cut 6,800 jobsFeb 26, 2008 10:00 pm - MUNICH, Germany -- Siemens AG, Europe's biggest engineering company, will cut 6,800 jobs at the corporate telecommunications unit after failing to find a buyer for the d...
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Tellabs stays in-house with new CEOFeb 26, 2008 10:00 pm - Employees of Tellabs Inc. Tuesday were introduced to their new chief executive officer, this time one of their own. Naperville resident Robert W. Pullen, a 23-year veter...
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Distinguished businessman, Jewish community leaderFeb 25, 2008 10:00 pm - In 1991, Robert M. Shrayer saved the insurance company his family had led for nearly 60 years, Associated Agencies, leading him to reorganize and move the company to its...
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Siemens slashes telecom businessFeb 25, 2008 10:00 pm - MUNICH, Germany -- Industrial conglomerate Siemens AG will cut 7,000 jobs from its corporate telecommunications unit, Siemens Enterprise Networks, officials with knowled...
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Homeowners in default make tough callFeb 23, 2008 10:00 pm - Amid the moving boxes, tape and markers, Melanie and Steven Fugate felt they wanted it all or nothing. Then reality set it. They wanted full value of their Carol Stream ...
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Nicor to seek rate increase as profit slipsFeb 22, 2008 10:00 pm - Naperville-based Nicor Inc. said Friday it's planning to file for a delivery rate hike in the coming months after posting lower profits during its fourth quarter. The pa...
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Rebates will boost returns sent to IRSFeb 22, 2008 10:00 pm - The IRS this year could see an additional 25 million returns from special groups of taxpayers who ordinarily don't file. Those people need to file this time to qualify f...
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Governor's business stimulus plan pannedFeb 21, 2008 10:00 pm - Gov. Rod Blagojevich presented his 2009 budget this week seeking a $1.2 billion economic stimulus package for families and businesses. But could it mean pushing more tha...
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Tight credit slows profit at CareerEdFeb 21, 2008 10:00 pm - For-profit education company Career Education Corp. said Thursday tighter student lending criteria would hurt profits this year, sending shares down across the sector. H...
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Sears Holdings elects new directorFeb 20, 2008 10:00 pm - HOFFMAN ESTATES -- Former Dell Inc. CEO Kevin Rollins was elected to the board of directors at Sears Holdings Corp., the retail company said Wednesday. Rollins, 55, step...