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Family Dollar rejects Dollar General offer

Family Dollar has rejected a takeover bid from dollar-store competitor Dollar General, saying it would be too hard for the deal to pass antitrust regulators.

Bank of America settlement likely to benefit few

Bank of America’s record $16.65 billion settlement for its role in selling shoddy mortgage bonds — $7 billion of it geared for consumer relief — offers a glint of hope for desperate homeowners.

Stocks advance to put S&P 500 at record high

The stock market advanced for a fourth straight day Thursday, pushing the Standard & Poor’s 500 index to a record high.

Some Fed officials want to slow economic help soon

Some Federal Reserve officials think the U.S. economy is improving fast enough that the Fed will need to act sooner than previously thought to slow the extraordinary support it’s been providing through ultra-low interest rates.

Stocks advance for third day, despite Fed minutes

The stock market rose for a third straight day Wednesday despite a report from the Federal Reserve that showed a growing chorus of central bank officials willing to raise interest rates sooner rather than later.

PSC rejects Noranda’s rate-change request

Noranda Aluminum won’t get reduced rates, the Public Service Commission said today.

PetSmart to consider selling itself

Bowing to pressure from investors, PetSmart Inc. said Tuesday that it is considering putting itself up for sale.

Audit: 'Obamacare' tax not meeting revenue target

An "Obamacare" tax on medical devices is falling short of its revenue target because thousands of companies aren't paying it, according to a government audit released Tuesday.

Stocks rise as US home construction rebounds

A summer swoon for the stock market appears to be over for now.

Money laundering charge added to FedEx drug case

Federal prosecutors say several addicts died soon after receiving shipments of illegal prescription drugs via FedEx.

US factory output surges in July

U.S. factory output rose for the sixth consecutive month in July, led by a jump in the production of motor vehicles, furniture, textiles and metals.

FDA approves Biogen's MS drug Plegridy

Biogen Idec says that federal regulators have approved the specialty drugmaker's new treatment for people with relapsing forms of multiple sclerosis.

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'Buy the Farm' ruling puts utility on hook

A small organic dairy in southern Minnesota has prevailed in forcing a buyout by a utility that's building high-voltage power lines along the property.

GE in talks to sell historic appliance division

General Electric confirmed that it is considering the sale of its historic appliance division, part of its effort to focus on selling more complex and profitable industrial equipment.

Stocks creep higher following earnings news

Better corporate earnings helped nudge the stock market up on Thursday in one of the quietest sessions this year.

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