Daily business briefing: One in 12 Illinois bridges deficient

June 19, 2013 

A new study finds that one in 12 bridges in Illinois is "structurally deficient." Crain's Chicago Business reports that a national report released today by Washington-based nonprofit coalition Transportation for America reveals there are more than 8 million trips a day in Illinois across subpar bridges. Read more at http://www.chicagobusiness.com. ...

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A group of Illinois Republican lawmakers proposes changing the current so-called defined benefit system to a 401(k)-type program that many private-sector workers have, WGBZ radio in Alton reports. Rep. Tom Morrison, R-Palatine, has introduced the bill and says it's the only way to fix the whole problem. Find out more at http://www.riverbender.com. ...

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Men's Wearhouse Inc. has ousted its founder and executive chairman George Zimmer. The company didn't give reasons for the sudden dismissal Wednesday. Zimmer founded the company 40 years ago and had been the face of the company as he appeared in TV commercials telling consumers, "You're going to like the way you look. I guarantee it." To find out more, go to http://www.bnd.com/business. ...

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Crude oil prices rose to almost $99 a barrel on Wednesday, driven by a report of falling U.S. stockpiles of crude and ahead of the conclusion of a meeting of the Federal Reserve. Learn more at http://www.bnd.com/business.

-- Will Buss, BND business writer

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