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* Philip Morris USA Inc. lost a bid to appeal a $10.1-billion verdict directly to the Illinois Supreme Court and must first take the case to an intermediate appellate court.
* Occidental Petroleum Corp. had its credit rating raised one level to BBB-plus by Standard & Poor’s because the firm has reduced debt.
* EBay Inc. said it would pay $150 million in cash to increase its investment in one of China’s largest e-commerce companies, EachNet Inc.
Inside the business of entertainment
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