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Duke Energy near deal to buy Progress Energy-sources Reuters NEW YORK Jan 8 (Reuters) - Duke Energy Corp (DUK.N), the third-largest US power company, is near a deal to buy rival Progress Energy Inc (PGN.N) for more than $13 billion, according to sources familiar with the matter. The stock-based deal would come ... See all stories on this topic »

A Tale of 2 Employment Surveys, at a Glance ABC News AP By AP The unemployment rate fell sharply last month, to 9.4 percent from 9.8 percent in November, yet employers didn't add that many jobs. So why did the rate fall so much? It's because of the way the government calculates who's employed and who ... See all stories on this topic »

Orlando bank first in US to fail in 2011 Orlando Sentinel By Richard Burnett, Orlando Sentinel Orlando's second-biggest locally based bank was closed by government regulators on Friday and its assets sold to a South Florida bank. First Commercial Bank of Florida toppled under the weight of failing real-estate ... See all stories on this topic »

Big Three poised to dominate at auto show msnbc.com Paul Sancya / AP The Detroit auto show is held just a slingshot's distance from the General Motors headquarters. And despite a long list of import carmakers at this year's show, don't be surprised to see Detroit dominate this year's headlines from the ... See all stories on this topic » msnbc.com

Alaska Pipe Shutdown Halts 95% of North Slope Oil Production BusinessWeek By Chanyaporn Chanjaroen and Paul Dobson Jan. 9 (Bloomberg) -- The Trans-Alaska Pipeline System, which carries about 15 percent of US crude oil output, was shut after a leak, forcing oil companies including BP Plc to suspend 95 percent of production ... See all stories on this topic »

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