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Other news...
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    NEW YORK (AP) _ In a stark acknowledgment of the tough times ahead in the credit card industry, American Express Co. said Thursday that it plans to cut 7,000 jobs, or about 10 percent of its worldwide work force, in an effort to slash costs by $1.8 ...
    www.latimes.com
  • Business digest (The Cincinnati Enquirer)
    FirstGroup America exceeds expectations, Ohio offers free seminars on insurance for seniors, and the Public Library of Cincinnati & Hamilton County and SuperJobs Center offer job-hunting sessions.
    news.cincinnati.com
  • Lawsuit alleges Bear Stearns built 'house of cards' (The Clarion-Ledger)
    A company that insured groups of mortgage loans for a subsidiary of Bear Stearns accused the investment bank in a lawsuit Wednesday of building a "house of cards" through fraud and misrepresentations.
    www.clarionledger.com
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