Business Digest
Press Merck & Co. lawyer Diane Sullivan, shown in court yesterday, was reprimanded.
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CSX to Ask for Early Start at Transfer Site WINTER HAVEN - CSX will begin talks with a state oversight committee in August to allow construction of a rail transfer center to begin while a development of a regional
Moody's May Cut A$83 Billion of Mortgage-Backed Bonds (Update1) (Bloomberg.com) Feb. 4 (Bloomberg) -- Moody's Investors Service may cut the ratings on about 45 percent of Australia's mortgage-backed bonds because of concerns the U.S. housing slump may make it harder
Lenders Promise to Speed Notice on Mortgage Help (New York Times) Mortgage companies are pledging to let troubled borrowers know whether they are approved for help within 45 days of receiving a homeowner?s application.read more...
Bank of England chief in warning over British consumer slowdown The Bank of England governor Mervyn King expressed deep concern about slowing consumer demand on the high street.via
Mortgage setbacks slow Citigroup profit to 2.4 bln dlrs (AFP via Yahoo! News) Mortgage woes and big loan write-downs took a dramatic toll on Citigroup's third quarter profits, but America's largest banking group on Monday still reported a net profit of 2.4
Rates on 30-year mortgages fall Rates on 30-year mortgages fell for the first time since early December as lower-than-expected job growth eased worries in financial markets about inflation.Commentread more...