THIS JUST IN: The Boss Will Rock Superbowl


THIS JUST IN:  Bruce Springsteen and the E Street Band will play the half-time slot at the Super Bowl in Tampa, Florida, snagging the most-watched musical showcase of the year, according to the organizers. This year, more than 148 million viewers in the U.S. watched Tom Petty and the Heartbreakers play at the championship game of American football, the National Football League said on Sunday. The Super Bowl, scheduled for February 1, will be televised by NBC. MORE

wachoviaupsidedown.thumbnail.jpgALSO: Federal regulators on Sunday night were pressing for the sale of yet another troubled bank — this time, the Wachovia Corporation — in a move that would concentrate power within the nation’s banking industry in the hands of a few giant lenders. Wachovia, the nation’s fourth-largest bank, was negotiating to sell itself to Wells Fargo or Citigroup. Although the Federal Reserve and Treasury Department were pushing for a sale, the government was resisting pressure to provide financial guarantees to the buyer. A sale to either Wells Fargo or Citigroup would further concentrate Americans’ bank deposits in the hands of just three banks: Bank of America, JPMorgan Chase and whichever bank acquired Wachovia would control more than 30 percent of the industry’s deposits. MORE


Leave a Reply

Your email address will not be published. Required fields are marked *