Existing homes
Contracts to buy previously owned homes fell in February, held back by a shortage of properties, according to the National Association of Realtors.
Morgan deal
Eight former Morgan Keegan mutual-fund directors agreed to settle Securities and Exchange Commission claims that they allowed assets backed by subprime mortgages to be overvalued as the housing market collapsed in 2007.
Brit hit
Independent ratings firm Egan-Jones downgraded its rating on the UK to A+ from AA-, citing Europe's fiscal woes.
Comcast clear
Comcast, the nation's largest cable-TV company, doesn't have to defend against an $875 million antitrust lawsuit on behalf of as many as 2 million Philadelphia-area customers, the Supreme Court ruled.
AMR Airways
A judge approved AMR's plan to merge with US Airways, a step toward creating the world's largest airline. US Bankruptcy Judge Sean Lane declined to approve, for now, a planned $19.9 million severance package for outgoing AMR CEO Tom Horton.
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