Business Stories from December 22, 2009 (Change date)
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Abbott settles University of Iowa Humira royalty caseDec 22, 2009 10:00 pm - Abbott Laboratories, the drugmaker challenging a $1.67 billion patent verdict won by Johnson & Johnson over the arthritis medicine Humira, settled a royalty battle with ...
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Agrium to sell some fertilizer assets for CF dealDec 22, 2009 10:00 pm - Agrium Inc., North America's third- largest fertilizer producer, reached an agreement with the U.S. Federal Trade Commission to sell assets to advance the company's prop...
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Stocks finish slightly higher despite housing dataDec 22, 2009 10:00 pm - NEW YORK -- U.S. stocks ended an erratic session with a slender gain Wednesday as rising commodities prices offset disappointment over an unexpected drop in home sales. ...
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Incomes and spending post solid gains in NovemberDec 22, 2009 10:00 pm - WASHINGTON -- Personal incomes rose in November at the fastest pace in six months, while spending posted a second straight increase. But economists cautioned that the ga...
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Ford expects Volvo deal with Geely in Q1Dec 22, 2009 10:00 pm - STOCKHOLM -- Ford Motor Co. moved closer Wednesday to selling its loss-making Volvo unit to China's Geely Group, saying a final deal is expected early next year if finan...
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FTC taking closer look at Google's AdMob purchaseDec 22, 2009 10:00 pm - SAN FRANCISCO -- U.S. antitrust regulators are taking a closer look at Google's proposed $750 million purchase of AdMob, a leading network for marketing on cell phones. ...
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Second Boeing 787 test plane takes to skiesDec 22, 2009 10:00 pm - EVERETT, Wash. -- Boeing's second 787 has flown for a little more than two hours. The jet took off from Everett's Paine Field around 9 a.m. Tuesday and landed two hours ...
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Diner sues Boston Blackie's after allergic reactionDec 22, 2009 10:00 pm - A woman sued the Boston Blackie's restaurant in Naperville Tuesday, claiming she had an allergic reaction to nuts in an ice-cream sundae. According to the suit, Jennifer...
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Redwood Capital wins control of Sedgebrook, Monarch LandingDec 22, 2009 10:00 pm - BALTIMORE -- The longtime business partner of Baltimore Ravens owner Steve Bisciotti has struck a deal to purchase Erickson Retirement Communities after a marathon bankr...
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November new home sales sink 11 percent to lowest level in 6 monthsDec 22, 2009 10:00 pm - WASHINGTON -- Sales of new homes plunged unexpectedly last month to the lowest level since April, a sign the housing market recovery will be rocky and heavily dependent ...