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Quinn: No new casinos without pension reform
Clout StreetGov. Pat Quinn on Monday put a finer point on a notion he's been pushing this spring: no gambling expansion will happen without comprehensive changes to fix a greatly underfunded government worker pension system. The Democratic governor also insisted...Tags: Government, Pat Quinn, Same-Sex Marriage, Michael Madigan, Lifestyle and Leisure
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Sony to assess spin-off proposal for entertainment business - Nikkei
ReutersMay 22 (Reuters) - Sony Corp is considering evaluating a proposal from top shareholder Third Point LLC to spin off part of its movie and music business, Japanese daily Nikkei reported. Sony's U.S. listed shares rose 9 percent on Tuesday on the New York...Tags: Sony Corp., NYSE Euronext, Inc., Entertainment, Stock Market
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Analysis: High speed trading a stiff challenge for U.S. regulators
ReutersCHICAGO (Reuters) - Financial trading in world markets has grown so lightning-fast that effective regulation is growing tougher by the second, increasing the threat of crashes sparked by hoaxes, electronic glitches or yet-unknown causes. The latest alarm...Tags: Financial Markets, Science and Technology, CME Group Inc., U.S. Securities and Exchange Commission, Economy, Business and Finance
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Prosecutors' subpoena of SAC's Cohen puzzles defense lawyers
ReutersNEW YORK (Reuters) - The decision by prosecutors to compel Steven A. Cohen to testify before a federal grand jury about allegations of insider trading at his $15 billion hedge fund is leaving many criminal defense lawyers scratching their heads. In the...Tags: The New York Times, Justice System, SAC Capital Advisors, Steven Cohen, Criminals
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On eve of Sony meeting, report says company could discuss spinoff
Sony Corp. is "considering evaluating" a spinoff of its entertainment arm that is being advocated by the hedge fund and Sony shareholder Third Point, according to Japan's Nikkei newspaper. The news comes a day before a much-anticipated Sony corporate...
Tags: Sony Corp., Electronics, Sony Pictures Entertainment, Inc., Science and Technology, Entertainment
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Scandal or not, one SAC investor can't get enough of Steve Cohen
ReutersBy Svea Herbst-Bayliss and Sam Forgione BOSTON/NEW YORK, May 21 (Reuters) - As federal prosecutors circle Steven A. Cohen's $15 billion hedge fund in a long-running insider trading probe, one financial adviser in Texas is so devoted to the billionaire...Tags: Justice System, SAC Capital Advisors, Steven Cohen, Economy, Business and Finance, Insider Trading
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McPier: DePaul events to bring in one-third of operating income at new arena
DePaul University's use of a proposed $173 million McCormick Place arena for Blue Demons basketball and other events would generate about one-third of the nearly $3.6 million in event-related proceeds expected in the first year, convention officials...
Tags: Finance, Hotel and Accommodation Industry, DePaul Blue Demons , Dan Hynes, Economy, Business and Finance
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PRESS DIGEST-New York Times business news - May 21
ReutersMay 21 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. * Yahoo's $1.1 billion proposed acquisition of Tumblr is a huge coup for the young...Tags: The New York Times, SAC Capital Advisors, Steven Cohen, Insider Trading, Japan
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Credit Suisse replaces Morgan Stanley as No. 2 Asia prime broker
ReutersBy Nishant Kumar HONG KONG, May 21 (Reuters) - The Asian prime brokerage unit of Credit Suisse has replaced Morgan Stanley as the second largest firm servicing the region's $148 billion hedge funds industry, a survey showed. The annual survey by...Tags: Finance, Bank of America Corp., Asia, Hong Kong, Goldman Sachs Group, Inc.
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FUND VIEW: For BlackRock income fund manager, stocks boost yield
ReutersBy David Randall NEW YORK, May 21 (Reuters) - Rick Rieder, the head of fixed income at fund giant BlackRock, doesn't run your average bond fund. In his $5.7 billion Strategic Income Opportunities fund , Rieder takes an active trading approach that can...Tags: Finance, Credit Ratings, Fannie Mae, Credit and Debt, European Central Bank
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Supreme Court agrees to hear Fidelity whistleblower case
ReutersWASHINGTON (Reuters) - In a case involving whistleblowers at Fidelity Investments, the U.S. Supreme Court on Monday agreed to consider whether mutual fund employees are subject to the same whistleblower protections as workers at publicly traded companies....Tags: U.S. Supreme Court, Finance, Personal Finance, Labor Legislation, WorldCom Incorporated
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Loeb's Third Point proposes IPO for Sony Entertainment
ReutersTOKYO, May 14 (Reuters) - New York-based hedge fund Third Point said it has proposed to Sony Corp's Chief Executive Kazuo Hirai that the Japanese electronics maker conduct an initial public offering for its entertainment division. Third Point, a $13...Tags: Sony Corp., Entertainment, Financing and Stock Offerings
May 21, 2013
|Story| Chicago Tribune
May 21, 2013
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May 19, 2013
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May 21, 2013
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May 21, 2013
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May 21, 2013
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May 21, 2013
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May 20, 2013
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May 21, 2013
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May 21, 2013
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May 20, 2013
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May 14, 2013
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