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Federal Trade Commission Chairwoman Deborah Platt Majoras will resign in late March, the agency said Thursday, to handle antitrust issues for Procter & Gamble Co.

Stocks tumbled on Thursday as worries about the economy grew following a weaker-than-expected reading on gross domestic product and a warning from Federal Reserve Chairman Ben Bernanke that there probably will be bank failures because of the housing slump.

Northwest Airlines pilots are continuing to look for a solution to the stalled talks with Delta pilots, and they’re not under a deadline to make a deal, a person with knowledge of the situation said on Thursday.

Shares of JPMorgan Chase & Co. fell in Thursday trading as a Goldman Sachs analyst cut his earnings estimate for the company, and a day after the bank’s chief executive said it would sacrifice short-term gains for long-term growth.

The chief executive of US Airways Group Inc warned on Thursday that the U.S. airline industry is heading into a downturn as it grapples with record high oil prices and a weakening economy.

Shares of The Home Depot Inc. fell at midday Thursday, as reports of higher unemployment claims and concerns about bank failures weighed on the Dow Jones industrial average.

With the euro flexing record muscle against the dollar, Point View Financial Services president and chief investment strategist David Dietze has three ways to play:| U.S. multinationals, foreign fund investments, and commodities.

Shares of Limited Brands Inc. declined on Thursday and helped send the Standard & Poor’s 500 lower, after posting a 12 percent lower fourth-quarter profit.

Shares of oil service providers rose Thursday as crude prices moved back above $100 a barrel. The Philadelphia Oil Service Sector Index, a basket of oilfield service contractors and drill rig operators, increased 1.5 percent to 290.54.

Tetra Tech Inc. has won three Wyoming wind energy projects worth about $150 million from PacifiCorp, the company said Wednesday.