| US dollar rallies against most major currencies The dollar rises against most major currencies, and extends gains against the euro, as investors shrug off weak U.S. data and focus instead on a sharp decline in service-sector activity in the euro zone. feeds.marketwatch.com |
Aviva delays date for response on surplus assets LONDON (Reuters) - The UK arm of insurer Aviva has agreed to wait until early March for a response on a third cash offer of compensation made to policyholders to allow the group to reallocate surplus assets in two funds. feeds.reuters.com |
Bear Stearns Bailed Out by Fed, JPMorgan NEW YORK (AP) -- Bear Stearns Cos., one of the most venerable names on Wall Street, turned to a rival bank and the federal government for a last-minute bailout Friday to prevent it from collapsing.... hosted.ap.org |
CarMax Posts Lower Profit CarMax's profit fell 48% despite stronger-than-expected revenue, as funding costs rose at the used-car retailer's finance unit. online.wsj.com |
California's unemployment up 0.5% California's unemployment rate rose by a whopping half a percentage point last month, reaching 6.2 percent as a slowing economy shed more jobs especially in the construction and financial services sectors, the state's Economic Development D ... english.people.com.cn |