TOP 100 FINANCIAL SITES
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| Stocks Rise As Ambac Rating Affirmed NEW YORK (AP) -- Wall Street bolted higher Monday after Standard & Poor's affirmed its ratings for Ambac Financial Group Inc. and MBIA Inc., raising hopes that troubled bond insurers will emerge from the credit market crisis on solid footing. The Dow Jones industrials rallied nearly 190 points.... hosted.ap.org |
Humana Slashes Earnings Outlook LOUISVILLE, Ky. (AP) -- Humana Inc.'s top executive gave assurances Wednesday that a sharp drop in the health insurer's first-quarter and full-year earnings estimates was a "one-time situation" due to higher-than-expected claims in its stand-alone Medicare prescription plans.... hosted.ap.org |
UAW Membership Drops Below 500,000 WASHINGTON (AP) -- United Auto Workers union membership has fallen below 500,000 for the first time since World War II, reflecting the massive restructuring undertaken by Detroit's automakers.... hosted.ap.org |
Merrill Lynch loses nearly $2 billion, to cut 4,000 jobs Merrill Lynch reports a $1.96 billion loss for the first quarter and plans to cut 4,000 jobs. feeds.marketwatch.com |
Employers cut fewer jobs in April, jobless rate falls WASHINGTON (AP) -- Employers cut far fewer jobs in April than in recent months and the unemployment rate dropped to 5 percent, a better-than-expected showing that nonetheless reveals strains in the nation's labor market.... hosted.ap.org |