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  • DETROIT, Aug 22- The Detroit Board of Water Commissioners agreed on Friday to repurchase nearly $1.5 billion of water and sewer revenue bonds tendered by investors by a deadline on Thursday.

  • *Pro Farmer sees bigger U.S. corn crop than USDA. CHICAGO, Aug 22- Nearby U.S. soybean futures climbed to a one-week high on Friday as U.S. processors scrambled to find scarce old-crop supplies, with the start of the next harvest still at least a month away in the Midwest.

  • NEW YORK, Aug 22- U.S. crude oil futures fell on Friday, putting them on track for a fifth straight week of declines, while Brent remained under pressure from a stronger dollar and plentiful supplies despite an escalation of tensions between Russian and Ukraine.

  • U.S. crude for October was down 87 cents at $93.11 a barrel by 11:13 a.m. EDT. "I think the market is still reflecting on the big build in Cushing this week," said Dominick Chirichella, senior partner at Energy Management Institute.

  • Aug 22- Power company Dynegy Inc said on Friday that it would buy coal and gas power plants for $6.25 billion to increase its presence in two less regulated eastern U.S. markets. Dynegy shares rose as much as 22.5 percent in early trading.

  • Grain higher, livestock mostly higher Friday, 22 Aug 2014 | 10:53 AM ET

    CHICAGO— Grain futures were higher Friday in early trading on the Chicago Board of Trade. Wheat for Dec delivery was unchanged at $5.5550 a bushel; Dec corn was 3.25 cents higher at $3.7225 a bushel; Dec oats were unchanged at $3.4825 a bushel; while Nov soybeans gained 4.75 cents to $10.43 a bushel.

  • McDonald's names new US president again Friday, 22 Aug 2014 | 10:07 AM ET

    NEW YORK— McDonald's named a new president for its struggling U.S. division on Friday, marking the second change in the high-profile spot in less than two years. The world's biggest hamburger chain says it's bringing back a longtime McDonald's executive, Mike Andres, to fill the role effective Oct. 15.

  • Deere to lay off about 460 from Iowa tractor plant Friday, 22 Aug 2014 | 9:32 AM ET

    MOLINE, Ill.— Agricultural equipment maker Deere is laying off about 460 employees indefinitely from an Iowa tractor factory as it continues to adjust to market demand. The Moline, Illinois, company said Friday that the latest round of layoffs will be effective October 20.

  • Aug 22- U.S. power company Dynegy Inc said on Friday that it would buy coal and gas generation assets from Duke Energy Corp and Energy Capital Partners, in two deals totaling $6.25 billion.

  • NEW YORK/ LOS ANGELES, Aug 21- A clutch of states including California, New York and Illinois will share in a mini-bonanza from the $16.65 billion settlement agreed by Bank of America Corp on Thursday.

  • NEW YORK/ LOS ANGELES, Aug 21- A clutch of states including California, New York and Illinois will share in a mini-bonanza from the $16.65 billion settlement agreed by Bank of America Corp on Thursday.

  • ATLANTA, Aug 21- Appearing thin but smiling, a Texas doctor who weeks ago entered an Atlanta hospital in a full-body biohazard suit to be treated for Ebola said on Thursday he was "thrilled to be alive" as doctors declared him virus-free and safe for release.

  • NEW YORK/ LONDON, Aug 21- Gold slid 1.4 percent to its lowest in two months on Thursday, extending losses to a fifth session, as fears about an early interest rate hike by the U.S.

  • ATLANTA, Aug 21- Two American aid workers who just weeks ago were gravely ill with Ebola they contracted in Liberia now pose no health risk to the public after being cleared of the virus and released from an Atlanta hospital, one of their doctors said on Thursday.

  • Hostess closing bakery that created the Twinkie Thursday, 21 Aug 2014 | 11:24 AM ET

    CHICAGO— Hostess Brands plans to close the suburban Chicago bakery where the iconic American snack cake Twinkie was invented in 1930, cutting 400 jobs and shuttering a piece of American baking history. The company said Wednesday it plans to close the Schiller Park bakery in October.

  • Grain higher, livestock lower Thursday, 21 Aug 2014 | 11:03 AM ET

    CHICAGO— Grain futures were higher Thursday in early trading on the Chicago Board of Trade. Wheat for Dec delivery was 4.25 cents higher at $5.5425 a bushel; Dec corn was 3.50 cents higher at $3.71 a bushel; Dec oats were unchanged at $3.3950 a bushel; while Nov soybeans gained 2 cents to $10.40 a bushel.

  • Card cheat who used invisible ink gets casino ban Thursday, 21 Aug 2014 | 10:43 AM ET

    NEW LONDON, Conn.— A New Jersey man has been banned from Connecticut's casinos after pleading guilty to using invisible ink to mark cards at one. Bruce Koloshi of Summit, New Jersey, was sentenced Wednesday to the 10 months he served since his arrest last September at Mohegan Sun.

  • Aug 21- Baxter International Inc said a more potent version of its flagship blood disorder drug Advate met the main goal in a late-stage study.

  • United lures top fliers with promise of a hot meal Thursday, 21 Aug 2014 | 10:01 AM ET

    NEW YORK— To win the hearts of frequent business travelers, United Airlines is going through their stomachs. The move comes as American Airlines goes the other way, eliminating hot meals on most flights less than 1,000 miles starting Sept. 1.

  • Sears 2Q loss widens on sluggish sales Thursday, 21 Aug 2014 | 6:37 AM ET

    HOFFMAN ESTATES, Ill.— Sears Holdings Inc. recorded a hefty second-quarter loss Thursday on another sales slump, raising more concerns about the future of a company that once was a staple of American shopping. Sears, controlled by billionaire hedge fund investor Edward Lampert, lost $573 million, or $5.39 per share, for the period ended Aug. 2.