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* The U.S. trade deficit totaled $42.1 billion in February, down more than 3% from January as a combination of the weak U.S. dollar and stronger economic growth propelled both exports and imports to record levels.

* Liberate Technologies Inc., which has had net losses for the last six years, said it may file for Chapter 11 bankruptcy protection as fiscal third-quarter revenue fell 68% from a year earlier.

* A federal judge refused to rescind an order barring reporters from publishing the names of jurors in the retrial of former star investment banker Frank Quattrone, media lawyers said.

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* The Environmental Protection Agency said it would decide in the next few weeks whether to grant waivers of federal rules on gasoline additives that California and New York are seeking to help lower prices.

* Yahoo Inc. Chief Executive Terry Semel filed regulatory forms to sell $82.5 million in stock, his biggest sale since joining the Internet company three years ago.

* Mattel Inc. is recalling 314,000 Batman Batmobile toy cars after reports of injuries including scrapes and cuts.

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