Also. . .

* Republic Industries Inc. plans to transfer work from automobile reconditioning centers in Florida and Texas to its new-car dealerships, affecting about 275 jobs. The company said the move will allow it to spend less on the repair work done on used cars for resale.

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* The White House dropped a plan to raise $2.5 billion by selling the Government National Mortgage Assn., which finances more than 12% of all U.S. mortgages. The sale of Ginnie Mae would have been the largest-ever privatization of a federal agency.