Antitrust regulators clear BofA-Merrill deal (AP) and New York City: Wall Street's Main Street (CNNMoney.com)

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City of Industry, CA --(www.USEquityNews.com)-- 10/15/2008 - Economy industry alert provided by U.S. Equity News. WASHINGTON (AP) -- Federal antitrust regulators on Wednesday cleared Bank of America's (NYSE: BAC) $34.9 billion purchase of Merrill Lynch & Co. Inc. (NYSE: MER). The deal, announced Sept. 15, is part of the rapid restructuring of the U.S. financial system amid the global credit crisis. Merrill agreed to be bought by Charlotte, N.C.-based Bank of America Corp. just days after rival investment bank Lehman Brothers filed for bankruptcy protection.


The Federal Trade Commission said that antitrust regulators at the Justice Department had completed their review of the deal.The purchase combines the largest U.S. [Read the full article]

News of the financial crisis is everywhere. And while average Americans used to feel blissfully disconnected to the workings of Wall Street, it's now become clear that the fates of those on Wall Street and Main Street are closely linked.
The first place to feel the spillover effect? Wall Street's own backyard.New York City's economy is closely tied to its financial center. In the past, the City has gained from the prosperity of Wall Street. [Read the full article]

DUBLIN, Ireland--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/d6f320/snapshots_uk_hot_d)
has announced the addition of the "Snapshots UK Hot Drinks 2008" report
to their offering. Snapdatas Snapshots UK Hot Drinks 2008 provides 2007 year-end market size data, with 2008 estimates, 5 years of historical data and five-year
forecasts. The Snapshots report gives an instant overview of the UK hot drinks market and covers instant coffee, standard tea, roast and ground coffee, hot chocolate and others. [Read the full article]

DUBLIN, Ireland--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/7d2591/market_forecast_e)
has announced the addition of the "Market Forecast: External Doors in
Italy 2008" report to their offering. The Italian construction market comes to a halt and the main reason is the negative development of the residential segment and new construction.The Market Forecast delivers important market data of the actual market development in total and per segment as well as market forecasts for the
following three years.The Market Forecast i [Read the full article]

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