Daily business briefing: Obamacare deadline extended to 2015

July 3, 2013 

Employers may be rejoicing to learn they have more time to comply with the new health care law.

According to a statement from the U.S. Department of Treasury released Tuesday, the Obama administration will not require employers to provide health insurance by 2014, instead pushing back the deadline until 2015. For more information, go to http:/www.bizjournals.com/st.louis. ...

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The U.S. trade deficit went up last month to the highest level since last year.

The trade deficit rose to $45 billion in May, up 12.1 percent from April's $40.1 billion imbalance, the Commerce Department reported Wednesday. It was the largest trade gap since November. Read more at http://www.bnd.com/business. ...

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The number of Americans seeking unemployment benefits has fallen.

About 5,000 fewer applications were reported last week to a seasonally adjusted total of 343,000. Analysts believe it is a sign that layoffs remain low and companies are adding a modest number of jobs. Find out more at http://www.bnd.com/business. ...

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Beer shipments to Illinois increased in 2012, the Chicago Business journal reports. According to statistics released by the Beer Institute, the national trade association for the brewing industry, last year's beer shipments to Illinois totaled 8.7 million barrels, up from about 8.6 million barrels in 2011. Beer consumption per capita in Illinois also increased slightly to 29.1 gallons in 2012 from 28.9 gallons in 2011. To learn more, go to http://www.bizjournals.com/chicago.

-- Will Buss, BND business writer

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