Greenspan sees U.S. economic toll from credit crunch
NEW YORK (Reuters) – The credit crunch that has troubled financial markets in recent months will eventually take its toll on the U.S. economy, former Federal Reserve Chairman Alan Greenspan said on Wednesday.

Source: feeds.reuters.com

Philips sells LG.Philips shares for $2.2 billion: source
SEOUL (Reuters) – Philips Electronics sold a partial but significant stake in LG.Philips LCD for 2 trillion won ($2.18 billion), at the bottom of an indicated pricing range, a source familiar with the deal said on Thursday.

Source: feeds.reuters.com