Barclays may acquire more of Lehman LONDON (AP) - Barclays PLC said Wednesday it may pick up some of Lehman Brothers assets and employees in Europe and Asia, on top of the British bank's deal to acquire key U.S. operations from the failed investment bank. "Options, not obligations," Group Chief Executive John Varley said of the...
Oil spikes $6 on safe-haven buying, weak dollar photo NEW YORK (AP) - Oil prices shot up $6 a barrel Wednesday, rebounding as fears of a spreading crisis in the U.S. financial sector sent skittish investors scrambling out of stocks and into hard assets. The big rally at least temporarily halted crude's steep, two-month slide and brought prices back...