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* Litton Industries Inc. said it ended talks to sell its Applied Technology unit to Condor Systems Inc. because closely held Condor is “engaged in strategic financial discussions that would make incompatible the . . . transaction as previously planned.” A Condor official was unavailable for immediate comment. Woodland Hills-based Litton agreed in October to sell the unit to San Jose-based Condor for about $120 million in cash so it could pursue higher growth markets.

* Intel Corp. on Monday will unveil new Pentium II and Celeron processors for use in laptop computers, as the world’s largest maker of computer chips fends off competition from rivals.

* Caldor Corp. a discount retailer that operates mainly in the Northeast, said it’s going out of business after it failed to reorganize through U.S. Bankruptcy Court, shutting its 145 stores and putting 20,000 people out of work.

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* General Electric Co. won a federal judge’s final approval of a settlement of up to $152.5 million, ending lawsuits accusing the company of illegally collecting debts from bankrupt credit card customers. The settlement calls for GE to pay as much as $120 million to more than 120,000 customers of its finance arm, GE Capital Corp. GE Capital provides credit cards for companies such as R.H. Macy & Co. and Home Depot Inc.

* Symantec Corp., a top maker of anti-virus and computer security software, said it hired Heidrick & Struggles Inc. to find a replacement for President and Chief Executive Gordon Eubanks. Eubanks, 52, who has led the company since 1984, will remain president and CEO until a replacement is found and then become chairman.

* TLC Beatrice International Holdings Inc., once the nation’s biggest black-owned company, agreed to be acquired by Spanish investment firm APEG Investments in a sale set to close before the end of February. The purchase was disclosed in a lawsuit filed by Amistad Holdings to block the deal. In its suit, Amistad said APEG violated an earlier agreement under which the bidders would each buy part of Beatrice. Officials at TLC Beatrice and APEG weren’t immediately available for comment.

* General Motors Corp. said it will offer a new parking technology on its 2000 model-year Cadillac DeVille cars that will give drivers audio and visual cues to avoid stray shopping carts or other parking hazards while in reverse.

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