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Published Thursday, September 11, 2008

Committee to consider downtown CID
By JORDAN RAUBOLT of the Tribune’s staff
The Special Business District has formed committees to explore the possibility of creating a community improvement district, or CID, that could generate funding by assessing a sales tax and of merging the SBD and its sister group, the Central Columbia Association.

Beer drinkers file suit to halt InBev takeover
ST. LOUIS (AP) - Ten angry beer drinkers are trying to derail the largest brewery takeover in history.

Medical community fights drugmakers’ influence
TRENTON, N.J. (AP) - Just about every segment of the medical community is piling on the pharmaceutical industry these days, accusing drugmakers of deceiving the public, manipulating doctors and putting profits before patients.

China to review juice bid
BEIJING (AP) - China’s Commerce Ministry says it will enforce anti-monopoly rules in reviewing Coca-Cola Co.’s bid to buy a major Chinese juice producer but gave no indication what factors might affect its decision.

Investors still cautious about financial sector
NEW YORK (AP) - Stocks ended a temperamental session moderately higher yesterday as investors bought up the stocks of energy, materials and consumer-staple companies, but remained cautious about the beleaguered financial sector.

Jobless claims drop; trade gap surges
WASHINGTON (AP) - New applications for unemployment benefits fell less than expected last week, the U.S. government said today, as the struggling economy continues to take a toll on workers.

WaMu shares plunge to a 17-year low
NEW YORK (AP) - Washington Mutual Inc. shares plunged to their lowest point in nearly two decades yesterday after Lehman Brothers announced plans to sell off assets, leaving Wall Street on edge that other financial firms might be forced to take extreme measures in order to survive.

Iraq halts negotiations with French oil group
BAGHDAD (AP) - France’s Total says the Iraqi Oil Ministry has discontinued negotiations to develop an oil field in southern Iraq.

Experts hope to slow ash borer
ST. LOUIS (AP) - Now that the emerald ash borer has made its way to Missouri, state experts doubt they can stop its spread. Their focus is on slowing it down.

Wet summer brings mushroom boom to Northeast
ACRA, N.Y. (AP) - There’s a mushroom boom in the wet woods of the Northeast this summer.

 

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