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Real estate mogul Donald Trump lost a key battle to expand his Trump Plaza Hotel & Casino when a New Jersey judge dismissed state eminent domain cases against three Atlantic City, N.J., property owners.

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General Electric Co. combined its power-controls and electric-motor businesses to improve distribution and named Lloyd Trotter, head of the controls operations, to run the new unit.

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Ashland Inc., the maker of Valvoline motor oil, said it will fire as many as 225 employees as part of an administrative reorganization. The company, which employs 22,000 worldwide, also will move its Kentucky headquarters from Ashland to Covington.

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