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3M to acquire Cogent for about $943 million

NEW YORK — 3M Co., which makes products ranging from Post-Its to respirators, computer arms, and films for LCD TV screens, said Monday it has agreed to acquire Cogent Inc. in a deal worth about $943 million. Cogent, based in Pasadena, Calif., develops automated systems that ...

Potential consumer bureau chief is polarizing

WASHINGTON — Elizabeth Warren is folksy and plain-spoken and favors cardigans over Washington power suits. Many on Wall Street view her as their worst nightmare but she is a hero to liberal activists and consumer groups. This autumn, Warren, a contender to become the top U.S. ...

HP, Dell heat up bidding battle over 3Par

NEW YORK — The bidding war between Hewlett-Packard and Dell over a little-known data storage company rose to high heat on Friday. Hewlett-Packard Co. boosted its bid for 3Par Inc. to $1.88 billion, topping Dell Inc.’s offer by 11 percent. The $30-per-share offer from HP ...

Boeing delays first 787 delivery

EVERETT, Wash. — The Boeing Co. said Friday that it would push the expected delivery of its first 787 Dreamliner to the middle of the first quarter of 2011. The Chicago-based airliner maker blamed the delay on not being able to get a Rolls-Royce engine needed ...

Judge allows Hooters waitress weight lawsuit

MOUNT CLEMENS, Mich. — A Michigan judge has given the go-ahead to lawsuits by two ex-Hooters waitresses who say they were fired because of their weight. Michigan has a pioneering law that prohibits discrimination based on weight. The 1976 law also bans discrimination based on age ...

Judge allows Hooters waitress weight lawsuit

MOUNT CLEMENS, Mich. — A Michigan judge has given the go-ahead to lawsuits by two ex-Hooters waitresses who say they were fired because of their weight. Michigan has a pioneering law that prohibits discrimination based on weight. The 1976 law also bans discrimination based on age ...

SEC: Ex-Countrywide chief approved special loans

WASHINGTON — Federal regulators say former Countrywide CEO Angelo Mozilo personally approved mortgages for favored borrowers that violated the company’s policies and lending standards. The Securities and Exchange Commission had previously accused Mozilo of civil fraud and illegal insider trading. Now, the agency says Mozilo played ...

A chance to pick a piece of Lady Liberty’s nose

NEW YORK — A copper casting of the tip of the Statue of Liberty’s nose is among a collection of iconic items that will be auctioned off next month in New York City. Guernsey’s auction house President Arlan Ettinger says the casting of Lady Liberty’s nose ...

Return bottles aren’t history yet at Pa. brewery

ST. MARYS, Pa. — For years, it was the way breweries did business: sell bottles, then take back the empties. It just made sense, especially to folks weaned in the lean days of the Great Depression and World War II, that bottles should be scrubbed and refilled, not ...

MSNBC rejects ad calling for boycott of Target

ST. PAUL, Minn. — MSNBC says it has rejected a TV ad calling for a boycott of Target Corp. over a political donation in Minnesota. MSNBC spokeswoman Alana Russo says the commercial submitted by the liberal group MoveOn.org violates its advertising policy by directly attacking an ...

Accuser in HP case claimed work was cut

SAN FRANCISCO — The woman whose sexual harassment allegations led to the ouster of former Hewlett-Packard Co. CEO Mark Hurd claimed her work with the company dried up because she rebuffed Hurd’s advances, a person close to the investigation told The Associated Press. The substance ...

Backlash building against college rankings

MEREDITH VIEIRA, co-host: This morning on our special series BACK TO SCHOOL TODAY , the top college rankings . With the rising cost of higher education , many students and parents are wondering not only where to go to school , but if they can even afford it. U.S. News World Report is ...