2008-01
12 12:21:03Trade deficit soared in November
WASHINGTON (AP) - The U.S. trade deficit in November rose to the highest level in 14 months, reflecting record foreign crude oil prices. The deficit with China declined slightly while the weak dollar boosted exports to another record high.
2008-01
12 11:36:13BofA to pay $4.1B to buy Countrywide
CHARLOTTE, N.C. (AP) - 0111b--BoA--Countrywide
Bank of America said Friday it will buy Countrywide Financial for $4.1 billion in stock, a deal that rescues the country's biggest mortgage lender and expands the financial services empire of the nation's largest consumer bank. For more information and to contact AFX: www.afxnews.com and www.afxpress.com