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New Partnership Aims to Double Area Exports by 2017

Several local groups will collaborate with a Washington, D.C.-based organization to develop a plan that will double Twin Cities-area exports over the next five years, increase the number of companies that export, and increase the number of countries that local companies trade with.

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Cargill Accused of Fixing the Price of Road Salt in Ohio

A lawsuit filed by the Ohio Attorney General's office accuses the agribusiness giant and Chicago-based Morton Salt of dividing up the Ohio rock salt market, agreeing not to compete with each other, and driving up rock salt prices over the past decade; Cargill "emphatically" denies the allegations.

Covidien Pays $300M for Plymouth Med Device Co.

The deal through which the Irish health care giant will buy SuperDimension- which develops minimally invasive devices used to diagnose and possibly treat lung disease-is expected to close in the second quarter of this year.

Fed to Fine U.S. Bank, 7 Others for Foreclosure Abuse

The Federal Reserve said that the eight banks face fines for unsafe and unsound foreclosure practices; U.S. Bank said that the fines are not significant and it has been revising its foreclosure processes to satisfy regulators' requirements.
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