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  • Sept 27- Pfizer Inc's Xalkori, which treats lung cancer patients with a specific gene mutation, proved effective in shrinking tumors in those with an even rarer form of the disease, according to data presented at a medical meeting on Saturday.

  • CAMBRIDGE, Mass., Sept 26- Ghana President John Dramani Mahama said on Friday that a deal his country is hashing out with the International Monetary Fund could help it by improving its image with foreign investors. So we are looking at this IMF program, "Mahama told an audience at Harvard University in Cambridge, Massachusetts.

  • Business Highlights Friday, 26 Sep 2014 | 6:05 PM ET

    NEW YORK— It's no surprise that the prospect of a Federal Reserve rate hike worries stock investors.

  • Brown, a crusader against the role that Wall Street banks play in commodity markets, warned that Congress would write new laws if the CFTC and foreign regulators were unable to fix what he called "ongoing irregularities" in the market.

  • *Gross exits Pimco, joins Janus Capital; bond prices fall. News that Gross, a Pimco co-founder who managed the $222 billion Pimco Total Return Fund, will be joining Janus Capital Group pressured short- and intermediate-dated U.S. Shares of Janus Capital ended up 43 percent at $15.89, the stock's best one-day advance in its history.

  • Sept 26- Lawyers who persuaded seven private equity firms to pay $590.5 million to settle lawsuits accusing them of conspiring to depress the prices of corporate buyouts before the financial crisis are seeking fees of about $195 million for their work.

  • US STOCKS-Wall St rallies but ends lower for week Friday, 26 Sep 2014 | 4:23 PM ET

    *Indexes up: Dow 1 pct, S&P 0.9 pct, Nasdaq 1 pct. NEW YORK, Sept 26- U.S. stocks ended higher on Friday, with the S&P 500 rallying back above a key technical level, but the advance was not enough to offset recent declines and major indexes closed out their worst week of the past eight.

  • Why rate hikes are good news for stocks Friday, 26 Sep 2014 | 1:27 PM ET

    NEW YORK— It's no surprise that the prospect of a Federal Reserve rate hike worries stock investors.

  • WASHINGTON, Sept 26- The U.S. economy grew at its fastest pace in 2-1/ 2 years in the second quarter with all sectors contributing to the jump in output in a bullish signal for the remainder of the year. "It increases our confidence that strong growth is obtainable in the second half of this year," said Chris Rupkey, chief financial economist at MUFG Union Bank in New York.

  • Wynn, 72, and his company Wynn Resorts Ltd filed suit against Chanos, founder of New York- based hedge fund Kynikos Associates LP, in federal court in San Francisco.

  • Massachusetts electric rates shoot up 37 percent Friday, 26 Sep 2014 | 7:12 AM ET

    State regulators approved the increase for National Grid household customers that would mean an average of $33 per month more for the typical residential customer and would push a typical monthly bill higher than $150. National Grid has almost 1.3 million residential and business electric customers in Massachusetts.

  • Fatality near NY-New Jersey bridge snarls traffic Friday, 26 Sep 2014 | 6:39 AM ET

    RIDGEFIELD PARK, N.J.— A fatal crash on a New Jersey interstate near the George Washington Bridge has snarled traffic headed to Manhattan and New England. Trooper Alina Spies with the New Jersey State Police says a tractor-trailer and an SUV crashed on Interstate 95 just before 5 a.m. Friday in the northbound lanes in Ridgefield Park.

  • 5 Boston airline workers accused of smuggling cash Friday, 26 Sep 2014 | 6:38 AM ET

    BOSTON— Five airline employees have been charged with using their security clearances to smuggle more $417,000 in cash past checkpoints at Logan International Airport.

  • Sept 25- Advisory firms Glass, Lewis& Co and Institutional Shareholder Services each have recommended that Darden Restaurants Inc investors back Starboard Value LP's 12- director slate, which would oust the embattled company's full board.

  • Sept 25- Advisory firms Glass, Lewis& Co and Institutional Shareholder Services each have recommended that Darden Restaurants Inc investors back Starboard Value LP's 12- director slate, which would oust the embattled company's full board.

  • Coakley: Partners agrees to price cap under deal Thursday, 25 Sep 2014 | 5:31 PM ET

    BOSTON— Attorney General Martha Coakley said Partners HealthCare has agreed to cap prices at Hallmark Health Centers for six and a half years if it's allowed to acquire Hallmark under a revised deal.

  • At a glance: Gasoline prices by state Thursday, 25 Sep 2014 | 4:56 PM ET

    The usual autumn decline of the price of gasoline is getting an assist from lower global oil prices. Up to 30 states could see an average price below $3 a gallon by the end of the year. Source: AAA, OPIS and Wright Express.

  • Senators: Widen Medicaid program for frail seniors Thursday, 25 Sep 2014 | 12:57 PM ET

    WASHINGTON— More than a dozen U.S. senators from both parties are calling on the Obama administration to broaden a Medicaid program for the nation's frailest seniors, calling it a proven alternative to pricier nursing home care as states seek to limit long-term medical costs.

  • Harvard selects insider to manage $34.6B endowment Thursday, 25 Sep 2014 | 11:36 AM ET

    CAMBRIDGE, Mass.— Harvard University is turning to an insider to manage its largest-in-the nation endowment. The university has announced that Stephen Blyth will take over as president and chief executive officer of Harvard Management Co., which oversees the $34.6 billion endowment. Blyth takes over from Jane Mendillo on Jan. 1.

  • Newport rejects agreement with casino developers Thursday, 25 Sep 2014 | 7:15 AM ET

    PROVIDENCE, R.I.— The Newport City Council has rejected an agreement with developers of a proposed full-fledged casino at Newport Grand that would have provided an additional $1 million payment to the city. The community agreement would have given preference to Newport residents for hiring and to Newport vendors for purchases of goods and services.