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For additional reports, simply check out:
- School merger to boost offerings (Jacksonville Journal-Courier)
Representatives from the Meredosia-Chambersburg, Virginia and Triopia school districts will hold another public information meeting this week on the potential consolidation of the three.One of the arguments for consolidation is that a combined district could offer an expanded curriculum. www.myjournalcourier.com
- Fed, Treasury Announce New Aid For AIG (NPR)
The government is providing new financial assistance to troubled insurance giant American International Group. It includes pouring $40 billion into the company in return for partial ownership. The action was announced jointly by the Federal Reserve and the Treasury Department Monday morning. All told the moves boost aid to the company to around $150 billion. www.npr.org
- Mounting auto industry losses prompt push for federal bailout (USA Today)
The press for a federal bailout of the auto industry increased over the weekend. House Speaker Nancy Pelosi, D-Calif., and Senate Majority Leader Harry Reid, D-Nev., said in a letter to Treasury Secretary Henry Paulson that the Bush administration should consider expanding the $700 billion financial rescue to include car companies. www.usatoday.com
- Sterling Bancorp Net Income Rises in 2008 Third Quarter (PR Newswire via Yahoo! Finance)
Managed Credit Quality and Strong Capital and Liquidity biz.yahoo.com
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