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* Dow Chemical Co. replaced Chief Executive Michael D. Parker with Chairman William S. Stavropoulos after two years of what it called “disappointing” earnings.
* Hughes Electronics Corp., owner of the DirecTV satellite TV service, said it would close a money-losing high-speed Internet unit, eliminating 400 jobs.
* Imports from South Korean chip makers threaten to hurt Micron Technology Inc., the U.S. International Trade Commission said in a ruling that may lead to import tariffs. The case now goes to the Commerce Department.
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