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Business Wednesday, June 23, 2004

New looks for Target in S. Loop
The new Target store taking shape at Roosevelt and Clark in the South Loop will feature some of the redesigns of Target Corp.'s new prototype store, dubbed the P2004.

United reduces request to $1.1 billion
CHICAGO-- United Airlines has filed a scaled-down request for government assistance in a last-ditch try to tap into a loan guarantee program created to help the airline industry after the 2001 terror attacks.

Sears to sell exclusive line of Gerber's clothes
Two names familiar to families -- Gerber and Sears Roebuck and Co. -- announced a partnership Tuesday in which Sears will sell an exclusive new line of Gerber's baby clothes and accessories.

Blacks back in stock market after big exit last year
African Americans have returned to the stock market following their big exodus last year, according to the seventh annual black investor survey sponsored by Ariel Mutual Funds and Charles Schwab & Co.

Tribune Co. cost-cut pressure spurs job cuts at L.A. Times
Tensions between Tribune Co. and its newspapers formerly owned by Times Mirror increased this week, with pressure from Tribune forcing the Los Angeles Times to slash 160 jobs.

Hollinger Int'l sells Telegraph to Barclays for $1.33 billion
The twins won after all. After fighting an earlier deal with David and Frederick Barclay, Hollinger International agreed Tuesday to sell London's Daily Telegraph to the billionaire Scottish twins for $1.33 billion.

Evans pushing U.S. trade interests in visit to China
WASHINGTON-- The Bush administration, facing political pressure to take a tougher stance on China's trading practices, called on the Chinese government to open its economy to greater competition.

Goldman Sachs' profit up 71% in 2nd quarter
Goldman Sachs Group Inc. reported a 71 percent increase in profits for the second quarter Tuesday as revenues increased across the board in its primary financial services divisions.

Business Briefs

Technology
Tech Briefs
Sci-Tech Scene: USG keeps innovating in effort to wall itself off


Feder:
There's no end in sight for 'Mancow's Madhouse'

Lazare:
Campaign aims to show heads strong

Roeder:
McCormick expansion is cue for developers


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