BUSINESS BRIEFING / FINANCE
TIMES WIRE REPORTS
Bank of America Corp.’s credit rating was lowered to A from A+ by Standard & Poor’s Corp., which said a weak economy and the task of absorbing Merrill Lynch & Co. would curb profit.
Bank of America Corp.’s credit rating was lowered to A from A+ by Standard & Poor’s Corp., which said a weak economy and the task of absorbing Merrill Lynch & Co. would curb profit.