Monday, April 9, 2012

Reuters: Market News: PRESS DIGEST - New York Times business news - April 9

Reuters: Market News
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PRESS DIGEST - New York Times business news - April 9
Apr 9th 2012, 06:21

April 9 | Mon Apr 9, 2012 2:21am EDT

April 9 (Reuters) - The following were the top stories in the New York Times business pages on Monday. Reuters has not verified these stories and does not vouch for their accuracy.

* Money for the primary training program for dislocated workers is 18 percent lower than it was in 2006, even though there are 6 million more people looking for work now.

* Mike Wallace, the CBS reporter who became one of America's best-known broadcast journalists as an interrogator of the famous and infamous on "60 Minutes," died on Saturday. He was 93.

* Bank of America and Citigroup have plenty in common, and when bank earnings are revealed in the coming weeks, investors will be watching to see how the two match up.

* KSL Capital raised the ante for Great Wolf Resorts with a $7 a share bid, over Apollo Global's most recent $6.75 a share.

* While bond purchases pushed down borrowing costs and helped Spain and Italy avoid a Greek-style bailout from the euro zone, they once again have enmeshed the banks in their debt woes.

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