• Wall Street
GAO says airline merger would reduce competition

DALLAS (AP) — A government review finds that the merger of American Airlines and US Airways would reduce competition on more than 1,600 routes traveled by more than 53 million

EPA levies $2.5M penalty against US cement maker

BOISE, Idaho (AP) — The Environmental Protection Agency levied a $2.5 million penalty against a big cement maker and required the company to invest $30 million in pollution

Bluebird Bio shares rocket higher in trading debut

NEW YORK (AP) — Shares of gene therapy developer Bluebird Bio Inc. surged in their trading debut.

BC-Dividends
United Tech sees possible impact from court order

HARTFORD, Conn. (AP) — A federal court order that United Technologies Corp. pay $473 million plus interest to compensate for alleged fraud in its sale of fighter jet engines could

Xerox to sell Western European paper business

NORWALK, Conn. (AP) — Xerox Corp. plans to sell its Western European paper and print media products business to a subsidiary of the paper maker Sequana. Terms of the deal were not

Icahn changes tack, seeks $16B Dell stock buyback

NEW YORK (AP) — Activist investor Carl Icahn on Tuesday proposed a $16 billion share buyback in his latest effort to thwart Dell Inc. founder Michael Dell's effort to take the

SW Ind. county allowed to develop fertilizer plant

MOUNT VERNON, Ind. (AP) — The state won't stand in the way of a fertilizer plant that a Pakistan-based group is developing in southwestern Indiana despite reservations expressed

RetailMeNot plans to raise up to $230M in IPO

NEW YORK (AP) — RetailMeNot Inc. has announced plans to raise up to $230 million from an initial public offering of its common stock.

Smithfield Foods lays off 120 more at Va. plant

RICHMOND, Va. (AP) — Smithfield Foods Inc. is laying off 120 more workers as part of its previously announced closure of a Virginia facility that makes hot dogs and deli meat.

Sprint sues to stop Dish Clearwire buyout

OVERLAND PARK, Kan. (AP) — Sprint Nextel is suing to stop Dish Network's buyout offer for wireless data network operator Clearwire. The nation's third-largest cellphone carrier

Warner, Atlantic sued over unpaid internships

NEW YORK (AP) — A former intern filed a class-action lawsuit Monday against Warner Music Group and Atlantic Records over his unpaid internship, similar to a spate of recent

Tesoro announces $75M sale of Hawaii refinery

HONOLULU (AP) — Tesoro Corp. says it has agreed to sell its refining operations in Hawaii to Par Petroleum Corp. for $75 million plus the market value of its working capital.

Google settles suit, clears way for stock split

SAN FRANCISCO (AP) — Google has settled a shareholder lawsuit to clear the way for a long-delayed split of the Internet search leader's stock.

Maine gas prices hold steady

AUGUSTA, Maine (AP) — Gas prices in Maine are essentially holding steady even as the national average falls slightly.

Lowe's offers to buy Orchard Supply for $205M

MOORESVILLE, N.C. (AP) — Lowe's says it plans to expand its California presence with an acquisition of Sears spinoff Orchard Supply Hardware Stores for about $205 million in cash.

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