| Bernanke's Remarks on Housing
Over the past four quarters, the U.S. real gross domestic product (GDP) has increased at an average rate of about 2 percent. Growth during the first quarter of this year was held down by some factors -- notably, significant declines in inventory accumulation, net exports, and federal defense spending -- that seem likely to be at least partially reversed in the near term. Of course, the adjustment in the housing sector is still ongoing, and the ... .
Going Once, Going Twice, Sold: Delta Launches SkyMiles Online Auction
ATLANTA, June 6, 2007 (PRIME NEWSWIRE) -- Delta Air Lines (NYSE:DAL) SkyMiles(r) members may now bid miles for a variety of merchandise, such as unique gifts, exclusive event opportunities and exciting adventure packages, through the new SkyMiles Online Auction. "We're constantly seeking creative ways to engage our customers and offer additional mileage-redemption opportunities," said Jeff Robertson, managing director of the SkyMiles program. "The SkyMiles Online Auction is another great step as we enrich the Delta experience and add value to the program for all SkyMiles members." Items available in the upcoming SkyMiles Online Auction include: Members can access the SkyMiles Online Auction by logging on to delta.com/skymilesauction using their SkyMiles number and PIN.
BofA extends $75M credit line
California Water Service Group entered into an unsecured agreement with Bank of America Corp. for a revolving line of credit of up to $75 million. San Jose-based California Water Service (NYSE:CWT) and its subsidiaries reached an agreement with Charlotte-based BofA (NYSE:BAC) for a $55 million line of credit. .
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