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Family connections numerous for J. Daley grandson, but politics not in the plan
Like many executives running multibillion-dollar businesses, Peter Thompson adorns his office with photos of him meeting U.S. presidents. But there's one big difference: In some of them, he's a mere child. A nephew of Richard M. Daleyand grandson of...
Tags: Political Fundraising, Barack Obama, Sports, White House, Richard M. Daley
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Sony weighs investor's proposal to break up company
ReutersSony Corp. is considering a proposal by California billionaire Daniel Loeb to sell as much as a fifth of the group's money-making entertainment arm -- movies, TV and music -- to free up cash to revive an electronics business battered by competition from...Tags: Shinzo Abe, Entertainment, Science and Technology, Prices, Companies and Corporations
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Elpida seeks U.S. court approval for sale to Micron
ReutersBy Tom Hals May 22 (Reuters) - Japan's Elpida Memory Inc asked U.S. Bankruptcy Court in Delaware on Wednesday to enforce its reorganization plan sale to Micron Technologies Inc, a final step to creating the world's second-largest maker of memory chips....Tags: Judges, Bankruptcy, Computing and Information Technology Industry, Semiconductors and Active Components, Justice System
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Stern Advice-Why pension funds are eating your 401(k)'s lunch
ReutersBy Linda Stern WASHINGTON, May 22 (Reuters) - Pension funds - those old guaranteed-benefit retirement plans your grandma might have told you about - outperform those in 401(k) plans year after year, according to new research from consulting company...Tags: Pension and Welfare, Career and Workplace, Economy, Business and Finance, 401K, Loans
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Column: Why pension funds are eating your 401(k)'s lunch
ReutersWASHINGTON (Reuters) - Pension funds - those old guaranteed-benefit retirement plans your grandma might have told you about - outperform those in 401(k) plans year after year, according to new research from consulting company Towers Watson. In 2011,...Tags: 401K, Loans, Money and Monetary Policy, Bonds, Interior Policy
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Sony to assess spin-off plan; cuts targets for cameras, smartphones
ReutersTOKYO (Reuters) - Sony Corp cut its sales targets for digital cameras, smartphones and tablets by 13-17 percent for the year to end-March 2015, but said there were "encouraging" signs of a revival in its electronics business. CEO Kazuo Hirai told a press...Tags: Entertainment, Gaming, China, Science and Technology, Computer Hardware
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Entertaining change: Sony to look at activist's spin-off idea
ReutersTOKYO (Reuters) - Few foreign activist investors have made much headway in forcing change in Japan, where a conservative corporate culture favors long-standing ties with banks, business partners and workers rather than shareholders seeking value....Tags: Shinzo Abe, Activism, Entertainment, Personal Investing, Annual and Special Corporate Meetings
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Sony CEO says board mulling hedge fund boss Loeb's proposal to spin off entertainment business
AP Business WriterTOKYO (AP) — Sony's CEO Kazuo Hirai says the electronics giant's board will discuss a proposal by U.S. hedge fund manager Daniel Loeb to spin off up to 20 percent of its movie, TV and music division. Hirai was asked about the proposal at a...Tags: Entertainment, Sony Corp., Economy, Business and Finance, Samsung Group, Corporate Officers
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Africa's hot bond market could overheat as U.S. funds pile in
ReutersBy Tim McLaughlin BOSTON, May 22 (Reuters) - U.S. investors searching desperately for higher yields are piling into Africa's emerging bond markets but may not be getting paid enough for the chaos and uncertainty still stalking sub-Saharan countries, some...Tags: Emerging Market, Political Corruption, Eaton Vance Corporation, Nigeria, Africa
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U.S. gasoline stocks buoyant ahead of driving season-EIA
ReutersNEW YORK, May 22 (Reuters) - As the U.S. summer driving season gets underway this Memorial Day weekend, stockpiles of gasoline in the United States are close to the highest level for this time of year since 1999, government data showed on Wednesday. In...Tags: Petroleum Industry, Memorial Day
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Citadel's Kenneth Griffin exposes 'cronyism,' causes a stir at Economic Club
Citadel LLC founder Kenneth Griffin named and shamed local corporations that have taken tax incentives from the financially strapped state in a speech to a prominent Chicago business group. "The last election cycle I called a local CEO to talk to him...
Tags: Republican Party, Barack Obama, Richard Nixon, Democratic Party, Hillary Clinton
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Prosecutors consider using racketeering law against SAC: source
ReutersNEW YORK (Reuters) - Prosecutors are considering charging Steven A. Cohen's SAC Capital Advisors as a criminal enterprise engaged in a long pattern of insider trading in stocks, according to a person familiar with the matter. Prosecutors may use the...Tags: U.S. Department of Justice, Judges, Punishment, Mathew Martoma, Prisons
Mar 12, 2012
|Story| Chicago Tribune
May 22, 2013
|Story| Reuters
May 22, 2013
|Story| Reuters
May 22, 2013
|Story| Reuters
May 22, 2013
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May 22, 2013
|Story| Reuters
May 22, 2013
|Story| Reuters
May 22, 2013
|Story| AP Broadcast
May 22, 2013
|Story| Reuters
May 22, 2013
|Story| Reuters
May 22, 2013
|Column| Chicago Tribune
May 21, 2013
|Story| Reuters
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