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Northrop Grumman plans to sell its advisory services business TASC Inc. to private equity firm General Atlantic LLC and affiliates of Kohlberg Kravis Roberts & Co. for $1.65 billion in cash.
Investors will get some guidance about the economy this week from data issued not by the government, but by big retailers in the form of third-quarter earnings reports.
The average price of regular gasoline in the United States has jumped 2.86 cents over a two-week period to $2.68.