Barack Obama has picked former Federal Reserve Bank Chairman Paul Volcker to head an economic panel and two Chicago CEOs with links to Arizona to chair his inaugural committee.

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Hurricane season may be behind us starting Sunday, but the insurance lobby is still raising red flags about Florida’s ability to cover damages.

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Barack Obama has picked former Federal Reserve Bank Chairman Paul Volcker to head an economic panel and two Chicago CEOs with links to Arizona to chair his inaugural committee.

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The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) awarded more than $1.3 million from the Assistance to Firefighters Grants program to local fire departments and organizations in the state of Wisconsin.

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A senior citizen living development under construction in Scottsdale has partnered with Fairmont Scottsdale and Scottsdale Healthcare to offer residents a package of services.

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Amorfix Life Sciences (TSX: AMF) says it has met all requirements for the development of a novel treatment for amyotrophic lateral sclerosis, or Lou Gehrig’s disease, in preparation for a licensing agreement with Biogen Idec (NASDAQ: BIIB). (BIIB)

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Fair Isaac Corp. Executive Vice President and Chief Financial Officer Chuck Osborne will retire effective July 31, 2009. (FIC)

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The board of directors of Washington County Memorial Hospital in Salem, Ind., is in talks with Indianapolis-based St. Vincent Health about becoming a St. Vincent affiliate hospital.

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Former Merrill Lynch & Co. Inc. execs launched a new commercial finance company with more than $500 million of equity. (WFC)

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Some Blue Cross and Blue Shield of Minnesota members will soon have to pay more out-of-pocket for eye care.

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