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FirstMerit buying 24 branches of First Bank

November 11, 2009, 3:46PM ET
FirstMerit Corp. said Wednesday that it will enter the Chicago-area banking market by buying 24 branches and $1.2 billion in deposits from First Bank for about $42 million.

Toy maker settles sex harassment suit against CEO

November 11, 2009, 3:44PM ET
German toy maker Steiff has settled an $80 million lawsuit filed in June accusing the company's CEO of conducting a yearslong campaign of unwelcome advances toward a U.S. marketing executive and raping her, a lawyer for the company said Wednesday.

AMD sees better gross margin in 2010

November 11, 2009, 3:43PM ET
Advanced Micro Devices Inc. said Wednesday its gross profit margin should improve next year as chip sales pick up.

Notable power outages around the world

November 11, 2009, 3:39PM ET
A look at some notable power outages around the world:

Obama administration seeks to fix airline industry

November 11, 2009, 3:39PM ET
The Obama administration is taking its first step toward trying to fix the ailing airline industry, mired in a severe economic slump and facing safety worries.

Dollar and precious metals at a glance

November 11, 2009, 3:35PM ET

Judge denies Heartland restraining order request

November 11, 2009, 3:34PM ET
A New Jersey federal judge denied a request by payment processor Heartland Payment Systems Inc. for a temporary restraining order against VeriFone Holdings Inc. for allegedly misleading customers about their legal spat, the companies said Wednesday.

Beyonce, Paul McCartney in Thanksgiving specials

November 11, 2009, 3:32PM ET
ABC says Paul McCartney and Beyonce (bee-AHN'-say) will star in back-to-back one-hour specials Thanksgiving night.

Agriculture futures trade mixed on the CBOT

November 11, 2009, 3:31PM ET

Drug industry presses FDA to allow more online ads

November 11, 2009, 3:30PM ET
As federal regulators take their first tentative steps toward policing the wild west of medical information online, pharmaceutical companies are pressing their case to market drugs via Google, Twitter and other Web sites.

WVU forecast calls for employment rebound in 2010

November 11, 2009, 3:30PM ET
The state economy should begin producing more jobs than it loses around the middle of 2010, West Virginia University predicted in its annual economic outlook Wednesday.

Review: New BlackBerry Storm improves on original

November 11, 2009, 3:27PM ET
The first touch-screen BlackBerry phone, the Storm, got a few things right, but generally it was a chore to use.

Most undernourished children live in South Asia

November 11, 2009, 3:24PM ET
More than half of the world's chronically undernourished children under the age of 5 live in South Asia, according to a U.N. report released Wednesday.

AG says Utah agrees to $24M Zyprexa settlement

November 11, 2009, 3:23PM ET
Utah has agreed to a $24 million settlement with Eli Lilly & Co. over claims the drugmaker engaged in off-label marketing of the anti-psychotic drug Zyprexa, Utah Attorney General Mark Shurtleff said Wednesday.

NBA TV companion gives web help to TV game viewers

November 11, 2009, 3:22PM ET
The NBA wants to help fans watching games on TV follow along on their computer.

DomRep firm gets US$35 million to finish condos

November 11, 2009, 3:19PM ET
A Dominican real estate corporation says it gained a $35 million investment so it can finish building a beachfront condominium complex.

Drug industry presses FDA to allow more online ads

November 11, 2009, 3:16PM ET
As federal regulators take their first tentative steps toward policing the wild west of medical information online, pharmaceutical companies are pressing their case to market drugs via Google, Twitter and other Web sites.

Wal-Mart to keep stores open to ease Black Friday

November 11, 2009, 3:11PM ET
Wal-Mart Stores says it will keep its stores open 24 hours and take new crowd-control measures Thanksgiving weekend after a temporary employee was trampled to death in a Black Friday rush last year.

ImmunoGen Chairman Mitchel Sayare steps down

November 11, 2009, 3:01PM ET
Biotechnology company ImmunoGen Inc. said Wednesday that Stephen McCluski is replacing Mitchel Sayare as chairman of the board.

Oil rises as China's economy rebounds

November 11, 2009, 3:01PM ET
Oil prices ticked higher Wednesday as OPEC said the world would consume more crude in 2010 than previously expected, and China said its economy improved.

 
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