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U.S. markets recover from steep losses

GRAND RAPIDS, Mich., July 28 (UPI) -- Wind Point Partners, a private equity firm, bought Knape & Vogt Manufacturing Co., a Michigan office product maker, for $106 million plus debt assumption.
Wind Point bought K&V in partnership with Peter Martin, who is assuming the role of K&V's chief executive, and Bill Denton, who is assuming the role of K&V's chairman.
K&V, which will be taken private, employs about 600 people at its headquarters and main manufacturing facilities in Grand Rapids and a smaller manufacturing
operation in Ho Chi Minh City, Vietnam, and showroom and sales offices in
Chicago and Mississauga, Ontario.
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WASHINGTON, May 23 (UPI) --
The planned Keystone XL oil pipeline would move oil away from refineries that produce gasoline, increasing prices, the National Resource Defense Council says.
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MELBOURNE, Fla., May 23 (UPI) --
Northrop Grumman says its Military Airworthiness Certification is closer for its re-engined EC-8 Joint Surveillance Target Attack Radar System aircraft.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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What if Europe turned out to be the new Japan?
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