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Business

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    The price of oil fell for the ninth consecutive day Wednesday as global supplies continue to flow despite unrest in the world’s most important oil-producing region.The prolonged drop could lead to lower gasoline prices for U.S.
  • Summer box office suffers
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  • Biomet’s earnings rebound
    Biomet Inc. on Wednesday reported preliminary fourth-quarter and full-year earnings for fiscal 2014, reflecting the Warsaw orthopedics company’s most profitable performance in years.Biomet reported annual earnings of $36.
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Grain futures mixed, livestock prices fall

CHICAGO (AP) — Grains futures traded mixed Tuesday on the Chicago Board of Trade.

Wheat for March delivery fell 2.25 cents to $7.77 a bushel; March corn added 0.25 cent to $7.2950 a bushel; March oats fell 1.25 cent to $3.60 a bushel; while March soybeans rose 4 cents to $14.5175 a bushel.

Beef and pork futures fell on the Chicago Mercantile Exchange.

February live cattle fell 0.68 cent to $1.2827 a pound; March feeder cattle fell 1.08 cent to $1.4882 a pound; February lean hogs slipped 0.07 cent to 87.10 cents a pound.

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