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* A federal judge in Manhattan approved a settlement of a lawsuit that accused Metropolitan Life Insurance Co. of discriminating against blacks and other minorities in the selling of policies. The settlement could cost MetLife as much as $90 million.

* Johnson & Johnson said it completed its acquisition of Sunnyvale, Calif., biotechnology company Scios Inc. for $2.4 billion.

* Wham-O Inc. of Emeryville, Calif., said it bought the assets of Rockville, Md.-based snowboard maker Riva Sports Inc. for an undisclosed sum.


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