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Don Sebastiani & Sons, a Sonoma-based wine negociant, said Tuesday it named Mike Holden president and chief operating officer.

McKinney has won the opportunity to paint the image that Sherwin-Williams presents to the masses, the Durham advertising agency announced Tuesday. (SHW)

The Bank of America Charitable Foundation awarded Green Spaces Alliance of South Texas, formerly Bexar Land Trust, a $200,000 grant to help beautify San Antonio. (BAC)

Moonstruck Chocolate Co.’s new chief executive officer is closing nine of the company’s chocolate cafes, calling them unprofitable ventures that have done little to build Moonstruck’s piece of the $4.9 billion U.S. chocolate market.

The Economy League of Greater Philadelphia released a report Tuesday that urges an improvement in the performance of the city-owned Philadelphia Gas Works.

First Mariner Bancorp posted a $2.3 million loss for the third quarter, improved from the same period a year ago though the bank continues to struggle with issues stemming from the mortgage crisis.

KeyCorp, a top five bank in the Columbus region, fell into the red in the third quarter, pushed by losses in derivatives contracts and credit-related issues. (KEY)