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AP Top Business News At 9:35 a.m. EDT
Thousands of BA flights canceled as crew on strike LONDON (AP) -- British Airways canceled more than 1,000 flights after its cabin crew launched a three-day strike Saturday, wreaking havoc on the plans of tens of thousands of passengers just before the busy spring holiday season....
Bernanke: Keep Fed as watchdog of small US banks WASHINGTON (AP) -- Federal Reserve Chairman Ben Bernanke made a fresh pitch Saturday to retain oversight of small banks, contending that what the Fed learns from that role helps it assess the overall health of the entire U.S. financial system....
Obama tells Congress: Act soon on financial reform WASHINGTON (AP) -- The U.S. needs major changes to its financial system so consumers are better protected, banks fortified and the economy safeguarded from sliding into another Depression, President Barack Obama said Saturday....
Letter: Lehman accounting tricks possibly illegal NEW YORK (AP) -- A Lehman Brothers whistleblower warned his bosses that accounting gimmicks the bank used before its collapse may have been illegal, his lawyer said Friday....
India unexpectedly hikes rates a quarter point MUMBAI, India (AP) -- India's central bank has unexpectedly hiked key interest rates a quarter of a percentage point, as the bank tries to cool high inflation amid a faster-than-expected economic rebound....
Obama making final health care pitch to House Dems WASHINGTON (AP) -- Claiming unstoppable momentum but still short of the goal line, President Barack Obama is heading to Capitol Hill to rally House Democrats for a final push on landmark health care legislation....
Regulators shut 7 banks in 5 states; 37 in 2010 WASHINGTON (AP) -- Regulators on Friday shut down seven banks in five states, bringing to 37 the number of bank failures in the U.S. so far this year....
Stocks fall as worries about Greek debt return NEW YORK (AP) -- Stocks halted their steady climb Friday after renewed concerns about Greece's ability to pay its debts left investors questioning a global economic recovery....
The four cities that best weathered the recession WASHINGTON (AP) -- Call them the Final Four: The four large cities that have made it through the Great Recession with the smallest increases in unemployment....
Will US lose its triple-A ranking? Investors yawn NEW YORK (AP) -- It's the financial equivalent of a high medal count at the Olympics or a seat on the U.N. Security Council - a triple-A credit rating, the seal of approval that lets investors know a country's bonds are safe....
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