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Into the Loop at WGN
The new general manager of WGN-AM 720, charged with energizing the prominent station, is both a surprising choice for the job and a familiar one. He is Jimmy de Castro, one of Chicago's most charismatic, successful and well-known broadcast managers,...
Tags: Computing and Information Technology Industry, AOL LLC, Economy, Business and Finance, WGN, Clear Channel Communications Inc.
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Advantage, meter firm
Chicago taxpayers still could end up pouring hundreds of millions of dollars into the coffers of the company leasing the city's parking meters under Mayor Rahm Emanuel's revamp of the much-reviled deal, a Tribune analysis has found. Most of the extra...
Tags: Scott Waguespack, John Arena, Chicago Mayor, Economy, Business and Finance, Local Government
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Asian stocks shaky, Nikkei still seen vulnerable
ReutersSYDNEY (Reuters) - Japanese stocks turned negative on Friday and the yen reversed early losses, keeping intact worries that the Nikkei's largest one-day drop in two years may be the start of a bigger rout. In a sign that many are still spooked by...Tags: Quarterly or Semiannual Financial Statements, Computing and Information Technology Industry, Herman Van Rompuy, Vehicles, Verizon Communications
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Procter & Gamble brings back former CEO to fix company
Reuters(Reuters) - Procter & Gamble Co on Thursday brought back A.G. Lafley to run the world's largest household products maker, replacing Bob McDonald immediately in the midst of a major restructuring. Lafley is taking on the roles of chairman, president and...Tags: JC Penney Company Inc., Stock Market, Economy, Business and Finance, Ron Johnson, Mike Ullman
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Salesforce.com's quarterly results disappoint Wall Street
Reuters(Reuters) - Salesforce.com Inc's quarterly earnings and outlook disappointed investors as costs rise following a spree of acquisitions, sending its shares lower. Under Marc Benioff, Salesforce's CEO and founder, the company's fast revenue growth has made...Tags: Oracle Corp., Mergers, Acquisitions and Takeovers, Computing and Information Technology Industry, Earnings, Economy, Business and Finance
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Procter& Gamble replaces CEO Bob McDonald with former CEO A.G. Lafley
AP Business WriterNEW YORK (AP) — Procter & Gamble Co. is bringing back its former CEO, as the world's largest consumer-products maker tries to spur global growth. In a surprise move, P&G said Thursday that former CEO A.G. Lafley, a 33-year industry veteran, is...Tags: Consumers, Global Expansion, Corporate Performance, New Products, Economy, Business and Finance
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Sears losses mount, weighs sale of unit to shore up liquidity
Reuters(Reuters) - U.S. retailer Sears Holdings cast bigger doubts on the progress of its turnaround after reporting a bigger-than-expected quarterly loss, hurt by cooler spring weather. Shares of the company, which also said it was considering selling its...Tags: Kmart, Quarterly or Semiannual Financial Statements, Weather Reports, Mutual Funds, Economy, Business and Finance
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Goldman unveils checks on conflicts in bid to fix image
ReutersSALT LAKE City (Reuters) - After dozens of meetings with executives and regulators, 100,000 hours of employee training and an immeasurable amount of public grief, Goldman Sachs Group Inc's Lloyd Blankfein claimed success in putting the bank and his legacy...Tags: Goldman Sachs Group, Inc., Economy, Business and Finance, Finance, Pension and Welfare, New York University
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Wet spring, weak construction drag Titan Machinery to loss
Reuters(Reuters) - Farm equipment retailer Titan Machinery Inc said it expects to report a quarterly loss as demand was hit by a wet spring weather in the United States that delayed corn plantations, sending its shares down 12 percent in extended trade. Titan...Tags: Deere and Company, Weather, Quarterly or Semiannual Financial Statements, Weather Reports, Manufacturing and Engineering
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Infoblox profit forecast beats estimates, shares rise
Reuters(Reuters) - Infoblox Inc reported a better-than-expected quarterly profit on higher demand for its network automation products and forecast current-quarter earnings above analysts' estimates. Shares of the Santa Clara, California-based company rose 15...Tags: Vodafone Group Plc, Alcatel SA, Economy, Business and Finance, Verizon Communications, Human Mishaps
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Target, Macy's among retailers suing Visa, MasterCard over swipe fees
ReutersMacy's Inc., Target Corp. and 15 other U.S. retailers sued Visa Inc. and MasterCard Inc. on Thursday over fees to process credit card transactions. The lawsuit, filed in U.S. District Court in Manhattan, came before a May 28 deadline for the millions...Tags: Laws, Litigation, Economy, Business and Finance, Kohl's Illinois, Inc., Litigation and Regulation
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ING U.S., Soon To Be Voya Financial, Announces First Ever Earnings
The Hartford CourantING U.S. Inc., which soon will be rebranded as Voya Financial, offered its first earnings report since the company was separated from the Dutch-based ING Groep N.V. "Today is a landmark day for us …," Chairman and CEO Rodney O. Martin Jr. said...Tags: ING Group, Financing and Stock Offerings, ING Groep NV, Earnings, Windsor (Hartford, Connecticut)
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