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Existing home sales rose 5% for a third straight increase in December, reaching the highest level since January, the National Association of Realtors said.

Oil fell under $100 a barrel Friday, the third straight daily decline, on signs that China’s manufacturing was declining and European economic growth slowed, Bloomberg reported.

Manufacturing activity in the Philadelphia region expanded at a faster pace in January, the Federal Reserve Bank of Philadelphia said.

A federal judge rejected a request by Navistar Inc. to force the U.S. Environmental Protection Agency to recall all 2010 trucks with selective catalytic reduction engines.

AFMS LLC, a parcel shipping consultant, will have to wait until June 2013 for a jury in U.S. District Court in Los Angeles to hear its allegations that UPS Inc. and FedEx Corp. conspired to fix prices for package shipments and exclude competitors.

Transplace Inc. said Del Monte Foods has extended its existing logistics contract with the company.

President Obama has denied a permit for the proposed Keystone XL oil pipeline, but investors, public officials and analysts said the project is likely to move forward on an alternate route, Bloomberg reported Thursday.

Initial jobless claims plunged 30,000 last week to an almost four-year low, the Labor Department said Thursday.