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By David Keene
Allowing states to innovate could reduce dependency on bureaucracy
Topic - Office Depot
Office Depot is planning to close at least 400 U.S. stores, as its merger with OfficeMax resulted in an overlap of retail locations that can be consolidated.
Office Max plans to begin moving 1,600 jobs out of Illinois next month, with some positions permanently eliminated - a move that comes months after Illinois lawmakers declined to give the company the millions in tax breaks it requested from the state.
Talk of more mergers and acquisitions is sending stock prices higher in early trading, setting the market up to continue a seven-week rally.
Tony Stewart will have to take care of business with another major sponsor.
Tony Stewart will be looking for another co-primary sponsor after it was announced Office Depot won't be returning in 2013.