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Group seeks to block Duke-Vectren plant

November 30, 2006, 5:52PM EST
A consumer watchdog group is challenging plans by two energy companies for a coal gasification power plant in southwestern Indiana, arguing that its growing cost would saddle consumers with rate hikes.

Best Buy names David Berg COO

November 30, 2006, 5:48PM EST
Best Buy Co., the nation's largest consumer electronics retailer, said Thursday it named David Berg to the newly created position of chief operating officer.

Northrop unit gets $754M Navy contract

November 30, 2006, 5:47PM EST
The Navy said Wednesday it awarded a contract modification worth nearly $754 million to a unit of Northrop Grumman Corp.

Harris gets $82M Navy pact

November 30, 2006, 5:46PM EST
The Navy said Thursday it awarded a contract modification worth $82 million to a unit of Harris Corp.

Kansas cattle raisers worry about ethanol

November 30, 2006, 5:45PM EST
A booming ethanol industry that has driven up corn prices will have long-term repercussions for cattle feeders who compete for those same feed grains to fatten their animals, market analysts told the Kansas Livestock Association Thursday.

Murphy Oil temporarily plugs oil well

November 30, 2006, 5:43PM EST
Murphy Oil Corp. said Monday that its Thunder Ridge exploration well located in Mississippi Canyon Block 737 has been temporarily plugged and abandoned.

West Virginia horse industry booming

November 30, 2006, 5:41PM EST
The thoroughbred racing industry in West Virginia's Eastern Panhandle has grown so much in six years that it now helps employ more than 3,600 people and has an annual economic impact of $173 million, a study released Thursday concluded.

Court delays Grasso pay ruling

November 30, 2006, 5:40PM EST
A state appeals court on Thursday granted former New York Stock Exchange Chairman Richard Grasso's request to delay a lower court's ruling last month that he must return a portion of his $187.5 million compensation package.

Post Properties announces $200M buyback

November 30, 2006, 5:39PM EST
Post Properties Inc., a real estate investment trust, on Thursday announced a repurchase program for up to $200 million of common or preferred stock through the end of 2008.

Philip Morris may raise cigarette price

November 30, 2006, 5:36PM EST
Philip Morris USA may announce a price increase of 10 cents per pack, leading other cigarette makers to follow suit, Citigroup Analyst Bonnie Herzog wrote in a research note Thursday.

Granholm pushing alternative fuels

November 30, 2006, 5:36PM EST
A fired-up Gov. Jennifer Granholm challenged members of the newly created Michigan Renewable Fuels Commission to "think big" and "shoot the moon" as they devise strategies for promoting the state's production and distribution of alternative fuels.

VW slow to profit in North America

November 30, 2006, 5:36PM EST
Volkswagen AG officials said they may not make money in North America until 2009 due to a softer U.S. economy and unfavorable currency exchange rates between the U.S. and Germany.

Aftermarket Movers: Backdating backlash

November 30, 2006, 5:34PM EST
The stock options backdating net caught another company Thursday as Finisar Corp. joined the growing list involved in investigations.

Donaldson opens new factories in China

November 30, 2006, 5:30PM EST
Donaldson Co. said Thursday it has more than doubled capacity for its engine and industrial filters business in China by opening of two additional plants.

VeraSun building Minnesota plant

November 30, 2006, 5:30PM EST
VeraSun Energy Corp., the nation's second-largest ethanol producer, said Thursday it has started construction on an ethanol plant near Welcome, Minn.

Newell Rubbermaid sells European units

November 30, 2006, 5:27PM EST
Newell Rubbermaid Inc., maker of Sharpie pens and Rubbermaid trash cans, on Thursday said it has completed the sale of certain portions of its Home Decor Europe business to Hunter Douglas, a window treatment manufacturer.

Gap names Kneeland Youngblood to board

November 30, 2006, 5:23PM EST
Gap Inc. on Thursday said Kneeland C. Youngblood has been appointed to the clothing retailer's board of directors.

Cheesecake Factory 3Q profit slides

November 30, 2006, 5:21PM EST
Restaurant chain Cheesecake Factory Inc. said Thursday its fiscal third-quarter profit declined as operating expenses grew and sales at restaurants open at least a year inched lower.

13 Biotech rice lawsuits could merge

November 30, 2006, 5:19PM EST
Thirteen lawsuits over the accidental spread of genetically altered rice could soon be combined into one legal action against Bayer CropScience AG, lawyers representing hundreds of rice farmers said Thursday.

Rally Set Against Kansas Power Plan

November 30, 2006, 5:17PM EST
Opponents prepared for a Statehouse rally against a western Kansas utility's plan to build three coal-fired power plants for generating electricity as the state delayed a decision on granting a permit the project needs to move forward.

 
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