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Dubai Firm To Give Up U.S. Ports
1DP World gave up its bid to take over operations at 6 U.S. ports after GOP leaders told President Bush that Congress would block the deal amid security concerns. The Dubai firm said it would transfer operations of the ports to a "U.S. entity." It was a major setback for President Bush, who staunchly supported the deal. More on this page
Stocks Close At Session's Lows
2The market wiped away morning gains to end with more losses. The Nasdaq fell the most -- 0.8% -- its 6th straight drop. Volume was lower across the board. Still, more leading stocks took damaging hits. Defensive groups such as soap, food and housewares …