BOSTON-The surprise election of Charles Yancey to City Council president dims the Red Sox hopes of receiving additional funding from the city. Yancey is a strong critic of the new ballpark plan.

TRENTON, NJ- The plumbing products maker will shutter its 75-year-old manufacturing plant here by the end of this year and consolidate its operations at an undisclosed location.

BALTIMORE, MD-MIE Properties Inc. has started building the first of four buildings at the 21-acre Troy Hill Corporate Center here. The four build-to-suit office buildings will total 152,000 sf, according to company officials.

DETROIT-Mall owners looking to bring new life to their shopping centers will be among the bidders when leases on Montgomery Ward stores are offered to the highest bidder at bankruptcy court proceedings.