(NEW YORK)The credit markets might not be quite as squeezed as they have been recently, thanks to the Federal Reserve's interest rate cut. But they're hardly back to normal.READ MORE

(NEW YORK)Hexion Specialty Chemicals said Thursday it has received a $540 million pledge to help it close its fiercely contested takeover of Huntsman Corp. Hexion parent Apollo Management LP...READ MORE

(ZURICH, Switzerland)Switzerland's blue-chip index SMI dropped 4.5 percent Thursday to close below 6,000 for the first time since April 2005. Declines in shares of Swiss pharmaceutical companies helped...READ MORE

(BOISE, Idaho)An investment bank suing to take control of central Idaho's Tamarack Resort wants a 4th District Court judge to appoint a receiver for the property, contending that current owners'...READ MORE

(BERN, Switzerland)Switzerland's government would step in to prevent the collapse of either of its two major banks, UBS AG and Credit Suisse Group, the country's economics minister said Thursday.READ MORE

(WASHINGTON)Bank of America Corp. has agreed to buy back up to $4.7 billion in auction-rate securities to settle charges it misled thousands of customers about the risky investments, federal a...READ MORE

(NEW YORK)Shares of financial services firms mostly fell in premarket trading Monday amid continued worries the ongoing credit crisis is spreading globally as European governments moved to s...READ MORE