Organizers of the Indianapolis Tennis Championships are planning to sell the sanctioning rights for the ATP event, meaning the city may be without a professional tournament for the first time in more than 80 years. Tournament director Kevin Martin said Monday…

Tournament – Tennis – Sports – Kevin Martin – Association of Tennis Professionals

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Indianapolis likely losing ATP event after decades

A Swiss pharmaceutical company is financing a Michigan study of the effectiveness of drug combinations in treating high blood pressure among diabetics. Basel, Switzerland-based Novartis AG is giving $440,000 for the research at Beaumont Hospitals in Royal…

Novartis – Pharmaceutical industry – Switzerland – Hypertension – Business

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Study tests blood pressure drugs for diabetics

Interest rates on short-term Treasury bills edged up in Monday’s auction but still remained near historic lows. The Treasury Department auctioned $30 billion in three-month bills at a discount rate of 0.060 percent, up from 0.040 percent last week. Another $…

United States Treasury security – Auction – Discount rate – Government – Treasury Department

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Rates edge up at weekly Treasury auction

Protesters against coal power attached themselves Monday to a nearly 1 million pound generator part bound for North Carolina for more than an hour before deputies were able to remove them. Duke Energy said the protest in a South Carolina parking lot shouldn’t…

South Carolina – North Carolina – Duke Energy – United States – Fossil fuel power plant

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Coal protesters tie selves to NC generator in SC

The Obama Administration threatens ‘consequences’ for mortgage servicers failing to ease mortgage payments for troubled homeowners

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Home Lenders Face Sanctions Over Failed Modifications

It’s not just online retailers hoping to cash in on “Cyber Monday” this year – a few airlines are pitching for business, too. United (UAUA), JetBlue (JBLU) and Virgin America are all sponsoring fare promotions on Nov. 30. To my knowledge, Virgin is the only airline to specifically reference the …

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Airlines Seek ‘Cyber Monday’ Sales, Too

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U.S. Business Activity Accelerates

More shoppers were out over the weekend, but on average they spent less. The National Retail Federation expects a 1% drop in holiday spending

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‘Disciplined’ Shoppers May Disappoint

Drugmaker says investors should have known there could be problems with pill

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Supreme Court hears Merck over Vioxx lawsuit

NEW YORK (Reuters) – U.S. stocks inched lower on Monday with retail shares down after Black Friday and data suggesting weak holiday sales, while data showing expansion in business activity in the Midwest helped to limit losses.

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Market dips with retailers on spending worries

Retail Web sites kept amping up the deals Monday, the first day after the Thanksgiving holiday, to try to maintain the long weekend’s strong online sales. Though the Web is only about 10 percent of the holiday shopping pie, it’s seen most of the growth so far…

Black Friday – Thanksgiving – Television – Flat panel display – Business

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Online retailers rev up deals to keep up momentum

WASHINGTON (Reuters) – Job losses in the United States slowed sharply in November, cushioned by seasonal adjustments and a budding economic recovery that is encouraging some companies to retain workers, a Reuters survey predicts.

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U.S. job cuts slowed in November, jobless rate seen steady

Power company Constellation Energy said Monday that it will buy and develop a $140 million wind project in Maryland from Clipper Windpower, one of several clean energy initiatives that Constellation is planning for the state. The 70-megawatt Criterion wind…

Constellation Energy – Maryland – Energy – Clipper Windpower – Business

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Constellation buys Maryland wind project

The U.S. Department of Agriculture has designated the Big Island a primary natural disaster area because of losses farmers suffered from volcanic emissions this year. Agriculture Secretary Tom Vilsack said Monday that he and President Barack Obama understand…

Tom Vilsack – Barack Obama – United States – United States Department of Agriculture – US Department of Agriculture

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Hawaii farmers get federal help after emissions

DUBAI (Reuters) – The United Arab Emirates’ central bank governor said on Monday there was no cause for concern about local banks, which he said had proven themselves able to weather the global crisis, the state news agency WAM reported.

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UAE banks able to weather crisis: cbank governor