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Target upbeat about holidays after 3Q climbs

November 16, 2012 • BusinessComments Off

FILE-In this Wednesday, Aug. 22, 2012, file photo, shoppers at a Target store in Chicago check the receipts of their purchases. Target’s third-quarter net income climbed 15 percent, helped by a gain related to the pending sale of its credit-card business. Heading into the critical holiday shopping season, the Minneapolis company’s outlook is...

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Computer problems at United delay travelers

November 16, 2012 • BusinessComments Off

United Airlines passengers look at the flight schedule displays at Chicago’s O’Hare International Airport Thursday, Nov. 15, 2012. Passengers in several cities say a massive computer outage has stranded United passengers at airports across the...

Drought forces Midwest firm to ponder drier future

November 16, 2012 • BusinessComments Off

In this Sept. 12, 2012 photo, Brad Crookshank, wastewater superintendent for the Archer Daniels Midland company corn processing plant talks about the plant’s water needs in Decatur, Ill. in front of the facility’s water cooling towers. At the...

Hostess says liquidation decision expected Friday

November 16, 2012 • BusinessComments Off

A Hostess Wonder Bread truck is shown in front of the Utah Hostess plant in Ogden, Utah, Thursday, Nov. 15, 2012. Hostess Brands Inc. is warning striking employees that it will move to liquidate the company if plant operations don’t return to normal...

China’s new leadership faces obstacles to rule

November 15, 2012 • BusinessComments Off

A People’s Liberation Army officer walks down stairs with a document holder inside the Great Hall of the People where the closing ceremony for the 18th Communist Party Congress is held in Beijing Wednesday, Nov. 14, 2012. President Hu Jintao stepped...

Calif. panel rejects quake study near nuke plant

November 15, 2012 • BusinessComments Off

Environmentalist Jim Brown, right, uses a bear’s inability to speak to exemplify “animals rights,” as he addresses the California Coastal Commission meeting in Santa Monica, Calif. Wednesday, Nov. 14, 2012. The California Coastal Commission...

Software founder McAfee denies killing neighbor

November 15, 2012 • BusinessComments Off

In this Thursday Nov. 8, 2012 photo software company founder John McAfee speaks at the official presentation of equipment ceremony that took place at the San Pedro Police Station in Ambergris Caye, Belize. McAfee, 67, has been identified as a “person of...

Drilling regulators hear from critics at meeting

November 15, 2012 • BusinessComments Off

Commissioner DeAnn Craig listens to testimony at a meeting of the Colorado Oil and Gas Conservation Commission in Denver on Wednesday, Nov. 14, 2012. The meeting was held to deal with drilling rules for oil and gas. Groundwater tests could help show whether...

Republicans blame Corzine in MF Global failure

November 15, 2012 • BusinessComments Off

FILE – In this Dec. 15, 2011 file photo, former MF Global Holdings Ltd. Chairman and Chief Executive Officer Jon Corzine testifies on Capitol Hill in Washington, before the House Financial Services Committee. Republicans on a House panel that...

Prosecutor: Embezzlement plea a warning to others

November 15, 2012 • BusinessComments Off

Rita Crundwell stands outside of the federal courthouse in Rockford, Ill. on Wednesday, Nov. 14, 2012. Crundwell, the former comptroller of Dixon, pleaded guilty to allegations she embezzled more than $50 million from the small city in Illinois to fund a...