NEW YORK—Airline stocks, which rallied strongly earlier this week, were mixed in Friday trading as oil prices surged, raising the prospect of higher costs for jet fuel.
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TOWSON, Md.—Black & Decker says its shareholders approved the company's $3.5 billion buyout by fellow toolmaker Stanley Works, clearing the way for the companies to combine.
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NEW YORK—The city of Los Angeles is putting banks it does business with on the spot. The unanimous directive coming from the city council is that banks need to help Los Angeles slow the pace of foreclosures ravaging its neighborhoods and battle a local unemployment rate that far exceeds the national average.
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HARRISON, N.Y.—Police say Toyota is sending an engineer to help investigate a suburban New York accident in which the driver said her Prius accelerated on its own and slammed into a stone wall.
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ATLANTIC CITY, N.J.—MGM Mirage said Friday it will sell its 50 percent interest in Atlantic City's top casino and stop doing business in New Jersey rather than cut ties with the family of an Asian casino mogul accused of organized crime ties.
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