Top World News
| Asian markets show signs of life after global rout
(AP)
| AP - Asian stocks showed signs of life Tuesday after a global market sell-off, with several markets climbing into positive territory or paring losses after opening sharply lower.
| | Lehman sought millions for execs while seeking aid
(AP)
| AP - The now-bankrupt investment bank Lehman Brothers arranged millions in bonuses for fired executives as it pleaded for a federal lifeline, lawmakers learned Monday, as Congress began investigating what went so wrong on Wall Street to prompt a $700 billion government bailout.
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Business News
| BofA earnings tumble, cuts dividend
(Reuters)
| Reuters - Bank of America Corp, citing "recessionary conditions," on Monday halved its dividend and said it would sell at least $10 billion in new common stock to bolster its capital to offset rising loan losses.
| | Big Australia rate cut spurs Asia stocks rebound
(Reuters)
| Reuters - Asian stocks outside Japan rose for the first time in four days on Tuesday and the yen fell after a surprisingly large interest rate cut by Australia's central bank raised hopes that other policymakers would follow suit.
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