Wall Street gains on housing and jobless data
NEW YORK (Reuters) - Stocks rose on Thursday, building on their best day in eight weeks in the previous session, as data showed pending home sales improved and initial jobless claims declined.
Burger King agrees to be sold for $3.26 billion
LOS ANGELES/NEW YORK (Reuters) - Burger King Holdings Inc , the No. 2 U.S. fast-food chain, agreed to sell itself to investment firm 3G Capital for about $3.26 billion in a deal analysts said would give the restaurant breathing room to fix its business.
Bernanke cites "sadness" in letting Lehman fail
WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said on Thursday he could not have legally saved Lehman Brothers from bankruptcy and the firm's catastrophic failure in 2008 was a source of sadness.