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Military retirement changes cause worry

WASHINGTON — A House defense subcommittee is preparing a hearing to review proposed changes to the military retirement system that are worrying the troops.

Las Vegas Monorail step closer to exiting bankruptcy

The Las Vegas Monorail has filed a revised version of its bankruptcy reorganization plan that should clear away the last barriers to exiting Chapter 11.

Molycorp calls off deal with Japanese company

Molycorp has called off a deal that would have brought a $130 million cash infusion from Japan’s Sumitomo Corp. in return for rare-earth supplies.