National business headlinesby Gannett News Service on Jul. 11, 2006, under Nation/World
CALL CENTER ERRORS: Seniors should think twice about relying on guidance from private insurers when selecting a Medicare drug plan, government investigators say in a report.
PAN PACIFIC BOUGHT: Kimco Realty Corp., a real estate investment trust that focuses on shopping centers, announces plans to acquire Pan Pacific Retail Properties Inc. for $2.9 billion in cash and stock.
TRADE SURPLUS RECORD: China’s global trade surplus rose to a record monthly high of $14.5 billion in June, the Commerce Ministry reports, raising the likelihood of tension abroad over Beijing’s currency controls.