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  • Alco Stores to close following bankruptcy order Friday, 21 Nov 2014 | 5:10 PM ET

    DALLAS— Small-town discount retailer Alco Stores will close after a U.S. Bankruptcy Court in Dallas approved an order by the company's creditors to shutter its stores. Alco, based in the Dallas suburb of Coppell, said at the time that it intended to stay in business while reorganizing. The company last year moved its headquarters to Texas from Abilene, Kansas.

  • U.S. spectrum auction raises more than $30 billion Friday, 21 Nov 2014 | 4:55 PM ET

    WASHINGTON, Nov 21- Total bidding in the U.S. airwaves auction of so-called AWS-3 frequencies has surpassed $30 billion on Friday, according to the Federal Communications Commission, far exceeding expectations just over a week after bidding began. The most obvious beneficiary of the surge in bids is satellite TV mogul Charlie Ergen's Dish Network Corp, whose...

  • How the Dow Jones industrials did on Friday Friday, 21 Nov 2014 | 4:54 PM ET

    U.S. stocks closed higher Friday, edging further into record territory as investors welcomed a move by China to stimulate its economy by lowering interest rates. Hints from the head of Europe's central bank that it might step up its own stimulus efforts also helped lift stocks. The Dow Jones industrial average and the Standard& Poor's 500 index closed at record...

  • American Airlines subsidiary to lose planes, jobs Friday, 21 Nov 2014 | 4:45 PM ET

    FORT WORTH, Texas— American Airlines Group Inc. said Friday that it will transfer at least 50 planes away from its Envoy Air unit, leading to more job losses at Envoy. The company said that beginning next year at least 20 of the 50- seat Embraer jets will be shifted to Piedmont Airlines, which is also owned by American. The rest will go to Trans States Airlines and...

  • NEW YORK, Nov 21- GameStop Corp's shares fell 13 percent on Friday, a day after the company posted disappointing quarterly results, and its options attracted bearish bets as traders appeared to be preparing for a further slide in the share price over coming months. Shares of GameStop, the world's largest retailer of video game products, closed down $5.68 at $37.86...

  • GameStop and Gap are big market movers Friday, 21 Nov 2014 | 4:43 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:. GameStop Corp., down $5.68 to $37.86. The Gap Inc., down $1.68 to $38.46.

  • 'Queen Latifah Show' to end after its 2nd season Friday, 21 Nov 2014 | 4:25 PM ET

    NEW YORK— "The Queen Latifah Show" will be ending after this season. Queen Latifah vowed "to be more loose, more playful, more fun, more provocative." Even so, Sony thanks Queen Latifah and her team for creating a program they're all "very proud of.

  • GameStop slumps after results; Ross, Autodesk advance. NEW YORK, Nov 21- U.S. stocks closed higher on Friday, with major indexes notching a fifth straight weekly advance after China's central bank cut its benchmark interest rate and its euro zone peer announced asset purchases in efforts to boost each region's economy. The move came after European Central Bank...

  • PALMDALE, Calif., Nov 21- Lockheed Martin Corp expects to reach an agreement next year with a launch customer for a giant new hybrid airship that would revolutionize the way oil and mining companies haul equipment to the Arctic and other remote areas without roads. The initial version of the airship, filled mostly with helium, would carry 20 tons of cargo, but could...

  • NEW YORK, Nov 21- A U.S. judge on Friday gave final approval to Apple Inc's agreement to pay $450 million to resolve claims it harmed consumers by conspiring with five publishers to raise e-book prices. It calls for Apple to pay $400 million to as many as 23 million consumers if the company is unsuccessful in appealing a ruling that found it liable for antitrust...

  • AUSTIN, Texas, Nov 21- The Texas State Board of Education, whose decisions can have national ramifications, on Friday approved nearly 100 textbooks despite criticism the books exaggerated the influence biblical figures had in forming the U.S. system of government. Once textbooks are approved in Texas, they are often sold nationally and used for years in...

  • Figures on government spending and debt Friday, 21 Nov 2014 | 4:14 PM ET

    WASHINGTON— Figures on government spending and debt.

  • Dow, S&P 500 push further into record territory Friday, 21 Nov 2014 | 4:12 PM ET

    Stocks are pushing further into record territory as investors welcome a move by China to stimulate its economy by lowering interest rates. Hints from the head of Europe's central bank that it might step up its own stimulus efforts also put investors in a buying mood Friday. Caterpillar jumped 4 percent, the biggest gain in the Dow.

  • Credit Suisse guilty plea on US taxes is official Friday, 21 Nov 2014 | 4:09 PM ET

    WASHINGTON— European bank Credit Suisse's guilty plea to helping wealthy Americans avoid paying taxes has been formalized by a federal judge. District Chief Judge Rebecca Beach Smith in Norfolk, Virginia on Friday entered orders requiring Credit Suisse AG to pay $2.6 billion in fines and restitution to the U.S. government and regulators.

  • NEW YORK, Nov 21- U.S. stocks closed higher on Friday, with major indexes rising for a fifth straight week after China's central bank cut its benchmark interest rate and its euro zone peer announced asset purchases in efforts to boost each region's economy. The Dow Jones industrial average rose 88.81 points, or 0.5 percent, to 17,807.81, the S&P 500 gained 10.59...

  • Recalls this week: strollers, candles, chargers Friday, 21 Nov 2014 | 4:00 PM ET

    DETAILS: Eleven Graco and Century-branded strollers with model names Aspen, Breeze, Capri, Cirrus, Glider, Kite, LiteRider, Sierra, Solara, Sterling and TravelMate. They were sold between August 2000 and November 2014. Strollers with a manufacture date from August 1, 2000 to September 25, 2014 are included in the recall.

  • Nov 21- American Airlines Group Inc subsidiary Envoy Air plans to transfer at least 50 Embraer 145 aircraft to other regional carriers beginning in early 2015 in a move that will lead to job cuts, according to an internal letter reviewed by Reuters. One of American's other regional subsidiaries, Piedmont Airlines, will receive at least 20 of the transferred...

  • Dish restores Turner channels to lineup Friday, 21 Nov 2014 | 3:50 PM ET

    ENGLEWOOD, Colo.— Turner Broadcasting channels such as Cartoon Network and CNN are back on the Dish network after being dropped from the satellite TV provider's lineup during contract talks. Dish stopped carrying some of the Turner Broadcasting channels in October. Shares of Englewood, Colorado- based Dish rose $1.48, or 2.1 percent, to $73.70 on Friday while...

  • Nov 21- The European Parliament is preparing to call on regulators to consider splitting Internet search from other commercial services, according to a draft motion seen by Reuters, escalating a longstanding effort to curtail Google Inc's dominance of the industry. European politicians have grown increasingly concerned about Google's and other American...

  • Jury orders Irish man to pay $2M over ethanol deal Friday, 21 Nov 2014 | 3:34 PM ET

    IOWA CITY, Iowa— A wealthy Irish investor must pay $2 million in damages to an Iowa doctor who was cut out of a major ethanol development in eastern Europe, a jury ruled Friday. Branimir Catipovic, a doctor at the Veterans Affairs hospital in Des Moines, proved his civil claim of unjust enrichment against Dublin entrepreneur Mark Turley, the federal jury in Sioux...