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  • Chicago bead merchant Ronnie Klein, whose Loop business drew stars, dead at 65

    Chicago bead merchant Ronnie Klein’s Loop business, International Importing Bead & Novelty Company, often provided accesories for actors and musicians. Cher, Sally Rand and Eric Clapton were among tose who came to stock up on beads, crystals, sequins and feathers. Mr. Klein, 65, died of a heart attack Oct. 12 at Skokie Hospital.

  • US stocks mixed in morning trading

    U.S. stocks drifted in morning trading Thursday as a parade of big companies turn in quarterly results. A strong gain for Visa pulled the Dow Jones industrial average higher.

  • US economy grew at 3.5 percent rate in 3rd quarter

    The U.S. economy grew at a solid annual rate of 3.5 percent in the July-September quarter, propelled by solid gains in business investment, export sales and the biggest jump in military spending in five years.

  • Tim Cook: ‘I’m proud to be gay’

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    Apple CEO Tim Cook says he’s proud to be gay. The public declaration, in an essay written for Bloomberg Businessweek, makes Cook the highest-profile business CEO to come out as gay.

    Samsung vows changes after mobile profit plunges

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    Samsung Electronics Co. admitted erring in its smartphone strategy and vowed Thursday to overhaul its handset lineup after profit from those devices tumbled last quarter to the lowest in more than three years.

    Chrysler recalls over 566,000 trucks, SUVs

    Chrysler is recalling more than 566,000 SUVs and trucks because malfunctioning fuel heaters can cause fires, or a software glitch can disable the electronic stability control.

    Hyatt 3Q results hurt by climbing expenses

    Hyatt Hotels Corp. said Wednesday its third-quarter net income dropped 42 percent, hindered by rising expenses.

    LG Electronics profit surges on smartphone sales

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    South Korea’s LG Electronics Inc. said Wednesday its third-quarter profit jumped 87 percent over a year earlier as smartphone sales set a record high.

    US durable goods fell 1.3 percent in September

    Orders to U.S. companies for long-lasting manufactured goods fell for a second straight month in September, while a key category that signals business investment plans dropped by the biggest amount in eight months.

    Macy’s to head overseas with branch in Abu Dhabi

    The Middle East will be getting the world’s first Macy’s department store outside the United States, and just for good measure, its second Bloomingdale’s, too.

    Honda lowers earnings forecast

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    Honda’s net profit for the July-September quarter surged nearly 18 percent but the Japanese automaker lowered its earnings forecast for the full year Tuesday, pointing to difficulties in China and its home Japan market.

    BP profits hit by drop in oil prices

    British oil company BP says its earnings have fallen in the third quarter as the price of crude oil dropped globally.

    GM to move production of Volt part to US

    General Motors is moving production of the Chevrolet Volt’s electric drive unit from Mexico to a Detroit-area factory as it updates the slow-selling car to increase its electric range and make it perform better.

    United begins direct South Bend-Newark flights

    Northern Indiana officials are celebrating the start of direct air service between South Bend International Airport and Newark Liberty International Airport in New Jersey.

    Valeant: We’ll lift offer for Botox maker

    The Canadian drugmaker Valeant said it would be willing to raise its takeover bid for Allergan by almost 12 percent, which would mean $200 or more per share for the maker of Botox.