Oak Brook Business
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Briefs: GM to offer buyouts to 5,200 workersDec 18, 2007 10:00 pm - DETROIT -- General Motors Corp. is offering buyouts and retirement incentives to 5,200 hourly workers represented by the United Auto Workers. GM would not reveal how man...
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Briefs: BioSante receives milestone paymentDec 18, 2007 10:00 pm - LINCOLNSHIRE -- BioSante Pharmaceuticals Inc. announced receipt of a $3.5 million milestone payment under the terms of its Elestrin licensing agreement with Bradley Phar...
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Sprint, Motorola prepare for WiMax rolloutDec 17, 2007 10:00 pm - By Christmas, Sprint is expected to quietly launch its WiMax ultra-high speed network among its own employees, vendors and contractors in the Chicago and suburban area. ...
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Greyhound to offer priority seatingDec 17, 2007 10:00 pm - CHICAGO -- Greyhound Lines Inc. said Monday it is expanding its priority seating program to 30 cities, including Chicago. Customers can pay $5 extra to sit in the seat o...
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Firm buys stake in Federal SignalDec 14, 2007 10:00 pm - OAK BROOK -- Ramius Capital Group LLC said it has taken a 7.4 percent stake in Federal Signal Corp., the maker of fire trucks, and considers the shares undervalued. Rami...
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Briefs: Gallagher acquires IntermountainDec 13, 2007 10:00 pm - ITASCA -- Arthur J. Gallagher & Co. on Thursday announced the acquisition of Intermountain Financial Benefits, based in Salt Lake City, Utah. Terms of the transaction we...
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Federal Signal calls on ex-UAL chiefDec 12, 2007 10:00 pm - Federal Signal Corp., a maker of fire trucks that has posted losses in two of the past three years, said Chief Executive Officer Robert Welding resigned and will be repl...
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Briefs: Veolia invests in marine vesselDec 10, 2007 10:00 pm - LOMBARD -- Veolia ES Industrial Services announced the addition of the DSV MT-6016 vessel -- named the Swordfish -- to its growing marine services group. Designed with c...
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Briefs: Fed expected to cut key interest rateDec 10, 2007 10:00 pm - WASHINGTON -- Federal Reserve policymakers today are widely expected to slice a key interest rate for a third time this year to prevent troubles in the housing and credi...
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Area companies have you covered for your high-tech holiday needsDec 08, 2007 10:00 pm - So Cyber Monday wasn't your thing? And night-owl and early-bird sales at the bricks-and-mortars are getting old? Yet you still need that certain something for a holiday ...